Modern Living Group
 Residence
 Residence photo 1
1 photos
 Residence photo 1
$1,020,000ACTIVE

3918 Serubi Avenue, Palm Springs, FL 33461

beds6baths2,492sq ft$409/ sq ft
THE RESIDENCE

About this home

This FIVEplex in Palm Springs offers 2,492 square feet of residential income-producing space, presenting a solid investment opportunity for buyers seeking multi-unit ownership. The FIVE-unit configuration provides built-in diversification and multiple revenue streams from a single property. Located in Serubi Court Resub of Tr, this residential income property combines the benefits of concentrated ownership with operational efficiency. Whether you're an experienced investor or expanding your portfolio, this property delivers tangible value through its established multi-unit structure.

THE DETAILS

Property details

List Price$1,020,000
Price / Unit$255,000
Units4
Cap Rate9.80%
Gross Income$130,800/yr
Net Operating Income$100,000
Inside Sq Ft2,492
Year Built1955
ConstructionConcrete
FlooringTile
ZoningRM
Property TypeQuadruplex
MLS #R11141850
StatusActive
Original List Price$4,200,000
GRM7.8
Tenant PaysElectricity, Water
Stories1
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WaterfrontNo
ViewPool
Days on Market1
Annual Taxes$10,528
CityPalm Springs
Zip Code33461
LOCATION

Where you'll live

Shane Beckford
FEATURED AGENT
Shane Beckford
Real Estate Specialist

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