3783 Coconut RdPalm Springs, FL 33461

Discover a lucrative investment opportunity in Palm Springs, Florida. This exceptional property, located at 3783 Coconut Road, 33461, consists of two well-maintained triplexes totaling six units, spanning 5,544 square feet. The property includes two 3-bedroom/2-bathroom units and four 2-bedroom/2-bathroom units, offering a diverse mix of rental options. Situated on a 0.95-acre lot, the complex benefits from a large communal yard and ample on-site parking. Each unit features spacious layouts, modern amenities, and abundant natural light, ensuring high occupancy rates and strong rental income potential. The property's prime location provides easy access to schools, shopping, dining, and major highways, enhancing its appeal to tenants. Built in 1978, the property has undergone updates to its interiors. Note that this property is subject to a Land Use Restriction Agreement and is only available for purchase by a 501(c) organization. The asking price is $1,195,000.