1883 Smith Drive North Palm Beach FL 33408 MLS #RX-11130701

1883 Smith Drive
North Palm Beach, FL, 33408
$999,000
Beds
0 Baths
1,848 SqFt
0 Acres
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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.

Property Details

Price:
$999,000
MLS #:
RX-11130701
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Quad Plex
Subdivision:
SMITH ARTHUR M AND EMMA D SUB
Listed Date:
Oct 8, 2025
Finished Sq Ft:
1,848
Year Built:
1958
StoriesSmith Arthur M And Emma D Sub

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Schools

Interior

Cooling
Wall- Win A/C, Electric
Flooring
Vinyl Floor, Other
Heating
Electric

Exterior

Construction
CBS
Exterior Features
Exterior W/D Hookup, Open Porch, Fence
Homeowners Assoc
None
Lot Description
< 1/4 Acre, East of US-1, Public Road
Roof
Comp Shingle
View
Garden
Waterfront Details
None

Financial

Gross Operating Income
$66,000
HOA Fee
$0
Net Operating Income
$50,000
Taxes
$0
Utilities
Electric, Well Water, Public Sewer, Cable

Map

Community

Subdivisions in North Palm Beach

Market Summary

Current real estate data for Residential Income in North Palm Beach as of Oct 15, 2025
5
Residential Income Listed
78
Avg DOM
402
Avg $ / SqFt
$1,058,600
Avg List Price

Property Summary

    Located in the SMITH ARTHUR M AND EMMA D SUB subdivision, 1883 Smith Drive North Palm Beach FL is a Residential Income for sale in North Palm Beach, FL, 33408. It is listed for $999,000 To schedule a showing of MLS#rx-11130701 at 1883 Smith Drive in North Palm Beach, FL, contact your Acquire Palm Beach LLC agent at 561-279-3333.

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