Palm Springs Triplexes for Sale

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Live BeachesMLS listings matching this search in Palm Springs, Florida, updated throughout the day.

Triplexes in Palm Springs sit on lots zoned for multifamily use near the village center. The listings include two renovated triplexes on Reo Lane, each with three two bedroom, one bath units, a new metal roof, impact windows and a washer and dryer in every unit, sold fully rented, and an older single story triplex on Ford Road. A permitted third unit is what makes a triplex worth its price, so confirm the village's records for every unit, ask for the rent roll and the leases, and price the insurance early, since it moves the return on a Palm Springs triplex more than most other costs.

3 listings, newest first.

The 3 listings on this page run from $670,000 to $1,100,000, with a median of $1,100,000, about $443 per square foot, and they have been listed a median of 102 days.

The Numbers on These Listings

Straight from the MLS, updated through the day. Income and capitalization rates are what the listing agent published, not audited figures: treat them as the start of underwriting, and ask for certified operating statements before you offer.

Property	Price	Units	Per unit	Income	Cap rate	Taxes	HOA	Days on market
2785 Reo Lane 1 (reduced from $1,200,000)	$1,100,000	3	$366,667	$828,000 gross	—	$8,838	—	102 days
3056 FORD Road	$670,000	3	$223,333	$61,800 net	9.2%	$6,149	—	19 days
2807 Reo Lane 1 (reduced from $1,300,000)	$1,100,000	3	$366,667	$82,800 gross	—	$8,837	—	131 days

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