Modern Living Group
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$584,000ACTIVE

2907 Apalachee Road, Palm Springs, FL 33406

beds2baths1,690sq ft$346/ sq ft
THE RESIDENCE

About this home

Don't miss this rare opportunity to own a fully rented duplex with two excellent tenants already in place. Both units have been thoughtfully updated from the kitchens to the bathrooms and are in outstanding condition. The property offers plenty of open space for parking, the option to expand if desired, and split private backyards for added tenant privacy. Located in the heart of Palm Springs, this duplex is close to top restaurants, shops, and major highways—just 15 minutes to the beach and 15 minutes to Wellington. Whether you're starting your investment portfolio or adding to your current one, this property provides strong income potential and long-term growth.

THE DETAILS

Property details

List Price$584,000
Price / Unit$292,000
Units2
Cap Rate6.16%
Gross Income$48,000/yr
Net Operating Income$36,000
Inside Sq Ft1,690
Year Built1974
ConstructionFrame, Wood Siding
FlooringVinyl
ZoningRM(cit
Lot Dimensions80.0 ft x 126.0 ft
Property TypeDuplex
MLS #R11130150
StatusActive
Original List Price$599,000
GRM12.2
Tenant PaysCable TV, Electricity, Water
Show all details (7 more)
Stories1
Lot Size0.23 acres
WaterfrontNo
Days on Market237
Annual Taxes$7,791
CityPalm Springs
Zip Code33406
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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