2807 Reo Lane 1, Palm Springs, FL 33461

New Listing
$1,100,000
Property Type: Residential Income Square Footage: 3,128 Status: Active
Current Price: $1,100,000 List Date: 10/03/2026 Last Modified: 10/03/2026

Overview

Description

PROPERTY IS FULLY RENTED! New Price: $1,200,000 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

Listing Details MLS# B26039072

General Property Information

Number Of Units Total
3
Property Sub Type
Triplex
Building Area Main
3128
Building Area Source
Public Records
Living Area Main
2484
Living Area Source
Public Records
Adjusted Area Main
2675
Accessibility Features YN
No
Year Built
1976
Parking Total
6
Gated Community YN
No
Lot Size Area
14469
Lot Size Acres
0.33
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Pool Private YN
No
Spa YN
No
LP/Assessed Value
2.98

Property Features

Documents Available: None Electric: Three Phase Exterior Features: None Fencing: Fenced Flooring: Tile Property Condition: Resale Special Listing Conditions: Standard Structure Type: Triplex Tenant Pays: Cable TV; Electricity Source Of Expenses: Other Construction Materials: Stucco Cooling: Central Air Heating: Central Building; Electric Laundry Features: In Unit Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow; Negotiable Restrictions: Other Restrictions Roof: Metal Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: None Tax Information: City/County; County Only Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Window Features: Storm Window(s) Showing Requirements: Appointment Only; Call Listing Agent; Combination Lock Box; Occupied; Schedule Online Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1300000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
2807
Street Name
Reo
Street Suffix
Lane
Unit Number
Yes
City Name
Palm Springs
Municipality Type
Incorporated
Municipal Code
70
State Or Province
FL
Postal Code
33461
Postal Code +4
1835
Postal Zip
33461
Subdivision Name
Palm Spring
Area
5690
Geographic Area
PB19
Elementary School
Clifford O. Taylor / Kirklane
Middle Or Junior School
Palm Springs Community (Palm Beach)
High School
John I. Leonard
Special Assessment YN
No
Parcel Number
70434418000007180
Zoning
RM (city)
Flood Zone
X
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
Multiple Offers Accepted
Yes

Financial Information

Application Required YN
No
Master Association YN
No
Tax Annual Amount
8836.92
Tax Year
2025
Tax Assessed/SOH Value
369149
Tax 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
Assessor Market Value
482718

Status Change Information

Major Change Timestamp
2026-10-03T08:08:05Z
Major Change Type
Back on Market
Price Change Timestamp
2026-08-05T20:53:55Z
Status Change Date
2026-10-03
Back on Market Date
2026-06-15

More Information

Leasing Permitted Details

Leasing Permitted YN
No

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
3
Separate Gas Meters YN
No
Separate Water Meters YN
No

Income and Expenses

Annual Total Expense
20000
Gross Income
82800

Pet Details

Pet Fee YN
No

Storm Protection

Accordian Shutters
Complete
Electric/Power Shutters
Complete
Impact Glass
Complete

Unit 1 Details

Actual Rent
2300
Baths Full
Yes
Baths Half
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
828

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-04-30
Occupant Type
Vacant

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
2300
Baths Full
Yes
Baths Half
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
828

Unit 2 Lease Description

Currently Leased YN
No

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Unit 3 Details

Actual Rent
2300
Baths Full
Yes
Baths Half
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
828

Unit 3 Lease Description

Currently Leased YN
No

Unit 3 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
483.09

Originating Details

Originating System Key
20260609223042761456000000
Originating System ID
M00000170
IDX
Listing Office: Home Partnership Group, LLC
Source MLS Verified
Last Updated: October - 03 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.