3063 Floweva Street #A, Palm Springs, FL 33406

Local realty services provided by:Reliant Realty ERA Powered
3063 Floweva Street #A,Palm Springs, FL 33406
$1,300,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,940 sq. ft.
  • Multi-family
  • Active
Listed by:michael johnston
Office:the keyes company
MLS#:R11115439
Source:RMLS

Price summary

  • Price:$1,300,000
  • Price per sq. ft.:$290.7

About this home

****6-unit multifamily property in South Florida.**** CITY WATER** NO SEPTIC!!!!The property consists of three separate buildings on one parcel: Front triplex with two 1 bed/1 bath units and one 3 bed/1 bath unit. Rear duplex with two 2 bed/1 bath units, and standalone 1 bed/1 bath cottage. Some units feature private fenced backyards, enhancing tenant appeal and retention. One of the 1 bed/1 bath units will be delivered vacant in June, allowing for immediate rental upside. Each unit has electric meter. Current gross rents $9,000/month or $108,000/year. Rents significantly below market, providing a strong value-add. Market rent estimates: 1 bed units $1,600-$1,750, 2 bed units $1,900-$2,000, and 3 bed units $2,400+. Pro forma gross income is approximately $133,200 annua

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1956
  • Listing ID #:R11115439
  • Added:42 day(s) ago
  • Updated:September 07, 2025 at 02:52 PM

Rooms and interior

  • Living area:3,940 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1956
  • Building area:3,940 sq. ft.
  • Lot area:0.46 Acres

Finances and disclosures

  • Price:$1,300,000
  • Price per sq. ft.:$290.7
  • Tax amount:$12,368 (2024)
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

New listings near 3063 Floweva Street #A