North Palm Beach, FL 33408 1883 Smith Drive
$727,500
46 more
Presented By: Douglas Elliman Jupiter
Baths • 4
SQFT • 1,528
Home Details
North Palm Beach Investment Opportunity. Turnkey income-producing 4-unit multifamily property featuring three studio apartments and one 1-bedroom unit in a highly desirable North Palm Beach location. Short distance to Palm Beach State College, shopping, dining, and the beach, ensuring strong rental demand year-round. Built with durable CBS construction, this property offers separate FPL meters, well water (no water bills), and a shared laundry room for tenant convenience. Units rent quickly and consistently, making this a solid cash-flowing asset. Ideal for investors seeking steady returns or an owner-occupant looking to live in one unit while renting the others. Don't miss this opportunity to own a reliable, low-maintenance property in one of Palm Beach County's best rental markets.
Presented By: Douglas Elliman Jupiter
Interior Features for 1883 Smith Drive
Bathrooms
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
FlooringOther, Vinyl
Heating Y/NYes
Laundry FeaturesWasher Hookup, Dryer Hookup, Outside
General for 1883 Smith Drive
CityNorth Palm Beach
Construction MaterialsBlock
ContingencyNone
CoolingElectric, Wall/Window Unit(s)
CountyPalm Beach
Electric3 Phase
Gross Income66000
HeatingElectric
Legal DescriptionARTHUR M & EMMA D SMITH LT 17 & N 15 FT OF SMITH DR LYG S OF & ADJ TO
LevelsOne
MLS Area5220
Net Operating Income50000
New ConstructionNo
Number Of Units Total4
Patio/Porch FeaturesPorch
PossessionClose Of Escrow
PostalCityNorth Palm Beach
Property ConditionResale
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count1
Subdivision NameSMITH ARTHUR M AND EMMA D SUB
Tax Annual Amount8300.09
Tax Year2024
Tenant PaysCable TV, Electricity
UtilitiesCable Available, Sewer Available, Water Available
ViewGarden
Virtual TourClick here
Waterfront FeaturesNone
Year Built1958
Exterior for 1883 Smith Drive
Building Area Total1848
Exterior AmenitiesOutdoor Living Area
FencingFenced
Lot Features< 1/4 Acre
Lot Size Acres0.17
Lot Size Area7320
Road Frontage TypePublic Road
Water SourceMultiple Meters, Well
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Heli Roberto Valero
Realtor®
