Park Lane Apartments is a fully occupied 5-unit multifamily investment located in Palm Springs, Florida. The property consists of four 2-bedroom/1-bath units and one 3-bedroom/1-bath unit on approximately 0.77 acres. Current gross rental income is $115,200 annually with NOI of approximately $84,826. All tenants are month-to-month, providing a compelling value-add opportunity through unit renovations and rent increases toward market levels. The property features separate electric meters, private patios and yards for each unit, individual laundry areas, 16 parking spaces, a recently repaved and restriped parking lot, and a newer roof installed approximately 2023–2024. Current rents total $9,600 per month, with projected market rents of approximately $11,900 per month. Offered at $1,350,000, or $270,000 per unit. Please do not disturb tenants.