Basic Information

  • MLS # RX-11093866
  • Type Multi Family
  • Status Active
  • Subdivision/Complex Bryant Park
  • Year Built 1956
  • Date Listed 05/26/2025
  • Days on Market 27
Description

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in South Florida. 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 annual

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Roof Description Tar Gravel
  • Style Multi Family

Interior Features

  • Adjusted Sqft N/ASq.Ft
  • Cooling Description Central Air, Wall Window Units
  • Floor Description Ceramic Tile
  • Heating Description Central, Wall Furnace
  • Sqft N/A Sq.Ft

Property Features

  • Address 3063 Floweva St #A
  • City Palm Springs
  • Construction Materials Block
  • County Palm Beach
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional
  • Possession Closing And Funding, Close Of Escrow
  • Postal City Palm Springs
  • Public Survey Section One
  • Roof Tar Gravel
  • Sewer Description Public Sewer
  • Stories 1
  • Subdivision Complex Bryant Park
  • Subdivision Info Bryant Park
  • Tax Amount $12,368
  • Tax Legal desc B R Y A N T P A R K E100 F T O F L T S12&13 B L K B
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family
  • Water Source Public

3063 Floweva St #A

Palm Springs, FL 33406

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company. tel: (561) 220-0550

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