Price Reduced 17.42%

$825,000 ($539.92 per sqft)

Est. Mortgage $3,957/mo *

Quick Pre-Approval

Price History

$999,000
10/8/2025

$875,000
10/23/2025

$825,000
12/1/2025


1883 Smith Drive, North Palm Beach, FL, 33408

1883 Smith Drive, North Palm Beach, FL, 33408

1 beds

4 Full baths

1958

1,528 sqft

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.


Status:

Active

Type:

Multi-family

Furnished Remarks:

No

Units:

4

Zoning:

RH

Subdivision:

SMITH ARTHUR M AND EMMA D SUB

Heating:

Electric

Cooling:

Electric, Wall-Win A/C

Levels:

1.0

Parking:

Open Parking

Est. Taxes:

$8,300

Construction

CBS

Utilities

Cable,Electric,Public Sewer,Well Water

Lot Description:

< 1/4 Acre,East of US-1,Public Road

View Description:

Garden

Amenities:

Common Laundry

MLS #:

RX-11130701


Community Info

School Info

Walk Score

Yelp


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Listing courtesy of Douglas Elliman (561) 653-6100