For sale

Price cut: $100K (8/5)

$1,100,000

2785 Reo Lane #1, Palm Springs, FL 33461

6beds

6baths

2,484sqft

$7,223/mo

Get pre-qualified

Triplex, Multi Family, Multi Family

Built in 1976

-- sqft lot

$1,054,000 Zestimate^®

$443/sqft

$-- HOA

What's special

New metal roofUpdated kitchensImpact windows

PROPERTY IS FULLY RENTED.... per Triplex Exceptional Investment Opportunity! Fully renovated triplex with all improvements completed with permits. Features include a new metal roof, impact windows, updated kitchens, flooring, appliances, and washer & dryer in every unit. Three 2BR/1BA units, each rented at $2,300/month, providing immediate rental inco

37 days
112
11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6

Heating

Central, Electric

Cooling

Central Air

Appliances

Laundry: In Kitchen

Features

Flooring: Tile
Windows: Blinds, Storm Window(s)

Interior area

Total structure area: 3,128
Total interior livable area: 2,484 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 6

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Patio
Exterior features: None, Outdoor Living Area
Fencing: Fenced
Has view: Yes
View description: City
Waterfront features: None

Lot

Size: 0.33 Acres
Features: 1/4 to 1/2 Acre Lot

Details

Parcel number: 70434418000007840
Zoning: RM (city)
Special conditions: Standard,Listed As-Is

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family, Multi Family

Materials

Stucco
Roof: Aluminum

Condition

Resale
New construction: No
Year built: 1976

Utilities & green energy

Electric: 3 Phase
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Water Available

Community & HOA

Community

Subdivision: Palm Spring

HOA

Has HOA: No

Location

Region: Palm Springs

Financial & listing details

Price per square foot: $443/sqft
Tax assessed value: $369,197
Annual tax amount: $8,837
Date on market: 7/27/2026
Cumulative days on market: 63 days
Listing terms: Cash,Conventional,Other
Tenant pays: Cable TV, Electricity, Insurance
Electric utility on property: Yes

Estimated market value

$1,054,000

$1.00M - $1.11M

$2,427/mo

Price history

Date	Event	Price
8/5/2026	Price change	$1,100,000-8.3%$443/sqft
Source: BeachesMLS #B26038826 Report a problem
7/27/2026	Listed for sale	$1,200,000$483/sqft
Source: BeachesMLS #B26038826 Report a problem
7/7/2026	Pending sale	$1,200,000$483/sqft
Source: BeachesMLS #B26038826 Report a problem
6/19/2026	Price change	$1,200,000-7.7%$483/sqft
Source: BeachesMLS #B26038826 Report a problem
6/9/2026	Listed for sale	$1,300,000+78.1%$523/sqft
Source: BeachesMLS #B26038826 Report a problem
5/22/2026	Listing removed	$2,300$1/sqft
Source: BeachesMLS #B26024730 Report a problem
5/6/2026	Listed for rent	$2,300$1/sqft
Source: BeachesMLS #B26024730 Report a problem
11/25/2025	Sold	$730,000-8.2%$294/sqft
Source: BeachesMLS #R11129699 Report a problem
10/5/2025	Listed for sale	$795,000+622.7%$320/sqft
Source: BeachesMLS #RX-11129699 Report a problem
8/5/1996	Sold	$110,000$44/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,837 +6.2%	$369,197 +10%
2024	$8,322 +6.7%	$335,634 +10%
2023	$7,800 +8.6%	$305,122 +10%
2022	$7,181 +20.6%	$277,384 +10%
2021	$5,956 -3.2%	$252,167 -2.4%
2020	$6,152 +7.9%	$258,328 +10%
2019	$5,701	$234,844 +4.7%
2018	$5,701 +7%	$224,218 +10%
2017	$5,330 +6.5%	$203,791
2016	$5,006 -3.1%	$203,791 +15.8%
2015	$5,168 +46.1%	$176,057 +51.3%
2014	$3,536 +14.7%	$116,349 +10%
2013	$3,084 +8.8%	$105,772 +10%
2012	$2,835	$96,156