3871 Patio Court, Palm Springs, FL

New Listing

$5,299,000

Virtual Tour

https://www.propertypanorama.com/3871-Patio-Court-Palm-Springs-FL/unbranded

Property Type: Commercial Sale Square Footage: 17,540 Status: Active

Current Price: $5,299,000 List Date: 4/28/2026 Last Modified: 4/28/2026

Overview

Description

Exclusive Opportunity: Brand New Construction Townhouse Community for Sale in a High-Demand Location! Built in 2024, this fully occupied 10-unit community offers each owner their own deeded home with their own PCN. Each unit features 3 beds, 2.5 baths, a 1-car garage, and 1,754 sq ft of total space. With an average rent of $2,850 per unit, it's a prime income producing investment. Plus, enjoy 30 years of maintenance-free income. Don't miss out.

Listing Details MLS# B26021191

General Property Information

Number Of Buildings: 2
Property Sub Type: Multi Family
Number Of Units Total: 10
Occupant Type: Tenant
Building Area Main: 17540
Building Area Source: Plans
Year Built: 2024
Parking Total: 35
Lot Size Area: 24951
Lot Size Acres: 0.93
Accessibility Features YN: No
Stories Total: 2
Stories: 2

Property Features

Business Type: Commercial; Real Estate; Rental; Residential Documents Available: Contracts; Copy Of Lease(s); Drawings; Existing Survey; Financial Statement; Owner Managed; Site Plans Electric: Separate Meters Fencing: Back Yard; Fenced; Vinyl Flooring: Ceramic Tile; Tile; Vinyl; Wood Heating: Central; Central Individual; Electric Parking Features: Assigned; Guest Possession: Negotiable Property Condition: New Construction Sale Includes: Building; Land; Leases Special Licenses: City License Special Listing Conditions: Standard Sprinkler Description: Well Sprinkler Source Of Expenses: Owner Provided Construction Materials: Block; CBS; Concrete Block - With Stucco; Stone; Stucco Cooling: Ceiling Fan(s); Central Air Listing Terms: 1031 Exchange; Cash; Contract; Conventional Lot Features: Room for Pool Other Equipment: Irrigation Equipment Road Responsibility: Public Maintained Road Roof: Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available; Electricity Connected; Sewer Available; Water Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied Occupant Details: Tenant Occupied Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 5299000
Owner Phone: 561-876-4441
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Palm Beach
Street Number: 3871
Street Name: Patio
Street Suffix: Court
Municipality Type: Incorporated
Municipal Code: 70
State Or Province: FL
Postal Code: 33461
Postal Code +4: 3953
Area: 5690
Geographic Area: PB19
Parcel Number: 70424424460010000
Subdivision Number: 46
Zoning: CG (city)
Flood Zone: X
Directions: use google map

Financial Information

Tax Year: 2025
Tax Legal Description: PATIO COURT TOWNHOMES TR A
Tax Assessed/SOH Value: 0
Assessor Market Value: 0

Status Change Information

Major Change Timestamp: 2026-04-28T15:46:11Z
Major Change Type: New Listing
Status Change Date: 2026-04-28

More Information

Distance To Information

Miles to Beach: 5
Miles to Expressway: 3

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 11
Separate Gas Meters YN: No
Separate Water Meters YN: Yes
Number Of Separate Water Meters: 10

Income and Expenses

Annual Total Expense: 75000
Gross Income: 342000
Insurance Expense: 9000
Maintenance Expense: 5000
Net Operating Income: 267000
Real Estate Taxes: 60000

Unit Details

Number Of Units Leased: 10

Description of Unit Type 1

Unit Type: 3 Bedroom
Units Total: 10
Full Baths: 2
Half Baths: Yes
Furnished: No
Annual Rent: 34200

Description of Unit Type 2

Unit Type: 3 Bedroom
Units Total: 10
Full Baths: 2
Half Baths: Yes
Furnished: No
Annual Rent: 34200

Description of Unit Type 3

Unit Type: 3 Bedroom
Units Total: 10
Full Baths: 2
Half Baths: Yes
Furnished: No
Annual Rent: 34200

Description of Unit Type 4

Unit Type: 3 Bedroom
Units Total: 10
Full Baths: 2
Half Baths: Yes
Furnished: No
Annual Rent: 34200

Description of Unit Type 5

Unit Type: 3 Bedroom
Units Total: 10
Full Baths: 2
Half Baths: Yes
Furnished: No
Annual Rent: 34200

Description of Unit Type 6

Unit Type: 3 Bedroom
Units Total: 10
Full Baths: 2
Half Baths: Yes
Furnished: No
Annual Rent: 34200

Description of Unit Type 7

Unit Type: 3 Bedroom
Units Total: 10
Full Baths: 2
Half Baths: Yes
Furnished: No
Annual Rent: 34200

Showing Details

Pet(s) on Premises: No

Originating Details

Originating System Key: 20260428150121598864000000
Originating System ID: M00000170

Currently Not Used

Ownership Type: Corporation

Office/Member Information

DXORIGMLSID: RML

Electric

Separate Meters: Yes

Flooring

Ceramic Tile: Yes
Tile: Yes
Vinyl: Yes
Wood: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

New Construction: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Contracts: Yes
Copy Of Lease(s): Yes
Drawings: Yes
Existing Survey: Yes
Financial Statement: Yes
Owner Managed: Yes
Site Plans: Yes

Fencing

Back Yard: Yes
Fenced: Yes
Vinyl: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Sewer Available: Yes
Water Available: Yes

Business Type

Commercial: Yes
Real Estate: Yes
Rental: Yes
Residential: Yes

Heating

Central: Yes
Central Individual: Yes
Electric: Yes

Sale Includes

Building: Yes
Land: Yes
Leases: Yes

Special Licenses

City License: Yes

Sprinkler Description

Well Sprinkler: Yes

Construction Materials

Block: Yes
CBS: Yes
Concrete Block - With Stucco: Yes
Stone: Yes
Stucco: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Contract: Yes
Conventional: Yes

Lot Features

Room for Pool: Yes

Other Equipment

Irrigation Equipment: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Shingle: Yes

Security Features

Smoke Detector(s): Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Occupied: Yes

Occupant Details

Tenant Occupied: Yes

Acreage Description

1/2 To Less Than 1 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Listing Office: Luxury Real Estate Group LLC

Last Updated: April - 28 - 2026

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3871 Patio Court, Palm Springs, FL (MLS# B26021191)