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2807 Reo Lane 1, Palm Springs, FL 33461 (MLS# B26039072)

2807 Reo Lane 1, Palm Springs, FL 33461

New Listing
$1,300,000
Property Type: Residential Income Square Footage: 3,128 Status: Active
Current Price: $1,300,000 List Date: 6/09/2026 Last Modified: 6/09/2026

Overview

Description

 Exceptional Investment Opportunity!  Fully renovated triplex with all improvements completed with permits. This turnkey property features a new metal roof, impact windows, new kitchens, new flooring, new appliances, and washer & dryer in every unit. Each unit has been tastefully updated with matching modern finishes and includes a private metal-fenced backyard.  Three 2-bedroom, 1-bath units, each currently rented for $2,300 per month, providing immediate rental income.  Be sure to view 2785 REO Triplex as well. Both triplex properties are being sold together as a package, creating a unique opportunity to acquire six fully renovated rental units in one transaction. Perfect for investors seeking a low-maintenance, cash-flowing asset with major capital improvements already comp

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
3.52

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
Subdivision Number
0

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
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2026-06-09T22:52:10Z
Major Change Type
New Listing
Status Change Date
2026-06-09

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
523.34

Originating Details

Originating System Key
20260609223042761456000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Exterior Features

None
Yes

Flooring

Tile
Yes

Property Condition

Resale
Yes

Special Information

Sold As-Is
Yes

Special Listing Conditions

Standard
Yes

Documents Available

None
Yes

Fencing

Fenced
Yes

Structure Type

Triplex
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

View

City
Yes

Heating

Central Building
Yes
Electric
Yes

Water Access

None
Yes

Window Features

Storm Window(s)
Yes

Construction Materials

Stucco
Yes

Laundry Features

In Unit
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Metal
Yes

Water Source

Public
Yes

Source Of Expenses

Other
Yes

Cooling

Central Air
Yes
Electric
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Combination Lock Box
Yes
Occupied
Yes
Schedule Online
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

No Restrictions
Yes

Restrictions

Other Restrictions
Yes

Storm Protection Details

None
Yes

Tax Information

City/County
Yes
County Only
Yes

Outdoor Living Spaces

Patio
Yes

Patio Details

Patio - Open
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 2 Patio/Porch

Patio/Porch
Yes

Unit 2 Rooms

Kitchen
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes

Unit 3 Parking Features

Parking Space
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Less Than 1 Acre Lot
Yes
Listing Office: Home Partnership Group, LLC
IDX
Last Updated: June - 09 - 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.

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