2807 Reo Lane 1 Palm Springs FL 33461

Address
2807 Reo Lane 1, Palm Springs, FL
Price
$ 1,300,000
Property Attributes
  • MLS#B26039072
  • TypeSingle Family
  • Listing Status Active
  • CountyPalm Beach
  • CityPalm Springs
  • Area5690
  • NeighborhoodPalm Spring
  • Zip33461
  • Style
  • Year Built1976
  • Taxes$ 8836
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2484
  • Lot Size0.33 Acres
Data Source:
Beaches MLS (FL)
Property Description

Exceptional Investment Opportunity! Fully renovated triplex with all improvements completed with permits. This turnkey property features a new metal roof, impact windows, new kitchens, new flooring, new appliances, and washer & dryer in every unit. Each unit has been tastefully updated with matching modern finishes and includes a private metal-fenced backyard. Three 2-bedroom, 1-bath units, each currently rented for $2,300 per month, providing immediate rental income. Be sure to view 2785 REO Triplex as well. Both triplex properties are being sold together as a package, creating a unique opportunity to acquire six fully renovated rental units in one transaction. Perfect for investors seeking a low-maintenance, cash-flowing asset with major capital improvements already comp

Elementary School Middle School High School
Clifford O. Taylor / Kirklane Elementary School Palm Springs Community (Palm Beach) Middle School John I. Leonard High School
Price History
6/9/2026 Listed $1,300,000

General Features

Sewer PublicSewer
Heating Central,Electric
Cooling CentralAir,Electric
Utilities CableAvailable,SewerAvailable,WaterAvailable
Possession CloseOfEscrow,Negotiable
Roof Metal
Patio/Porch Features Patio
Construction Materials Stucco
Pets Allowed NoPetRestrictions,Yes
Year Built 1976
Electric Phases3
Tenant Pays CableTv,Electricity
View City
Stories Count 1
Levels One
Unit Number 1
Property Subtype Triplex
Tax Year 2025
Gross Income 82800
Waterfront Features None
Accessibility None
County Palm Beach
New Construction false
Property Type ResidentialIncome
Subdivision Name Palm Spring
Status Active
Directions From I 95, exit to Forest Hill west and turn to Kirk Road south and turn to Park Road east and turn to Reo Lane south
High School John I. Leonard
City Palm Springs
Senior Community Y/N false
Number Of Units Total 3
MLS Area 5690
Elementary School Clifford O. Taylor / Kirklane
Tax Annual Amount 8836.92
Middle/Junior High School Palm Springs Community (Palm Beach)
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/2807-Reo-Lane-Unit-1-Palm-Springs-FL-33461--B26039072/unbranded
Standard Status Active
Property Sub Type Additional Triplex
PostalCity Palm Springs
Legal Description 18-44-43~ S 95 FT OF N 325 FT OF E 150 FT OF W 641.04 FT OF SW 1/4 OF SW 1/4

Interior Features

Flooring Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features StormWindows
Laundry Features InUnit

Exterior Features

Exterior Amenities None,OutdoorLivingArea
Fencing Fenced
Lot Features QuarterToHalfAcreLot
Water Source Public
Total Parking 6
Lot Size Area 14469
Spa false
Building Area Total 3128
Lot Size Acres 0.33
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33461

Price
AVG $410K
$1.3M
Taxes
AVG $3,830
$8,836
Year Built
AVG 1966
1976

Areas We Cover