$875,000

1883 Smith Drive, North Palm Beach, FL 33408

  • 1,528 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $573/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

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.

Listing Status:
Active
Date Added:
October 8, 2025 at 05:00AM
Listing Office:
Douglas Elliman (Jupiter) : (561) 653-6100
Listing Agent:
Matthias Jay Fretz : (561) 676-3824
MLS ID:
R11130701
  • Flooring: OtherVinyl
  • A/C: ElectricWall/Window Unit(s)
  • Heating: Electric
  • General: FencePorch
  • Pool: None
  • Roofing: CompositionShingle
  • General: Block1
  • HOA Amenities: 0.0Monthly
  • Originating MLS: FTL_RMLS
  • County: Palm Beach
  • Zoning: ARTHUR M & EMMA D SMITH LT 17 & N 15 FT OF SMITH DR LYG S OF & ADJ TO00434204010000170
  • View: Garden
  • Utilities: Cable AvailableElectricity AvailableSewer Available
  • Water: Well
  • Sewer: Public Sewer
  • Source: FTL_RMLS

This listing courtesy of Matthias Jay Fretz, Douglas Elliman (Jupiter)

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dwight D. Eisenhower K-8 School

2926 Lone Pine Rd, West Palm Beach, FL, 33410

Grades PK-8

1.08 miles away

D

Dwight D. Eisenhower K-8 School

2926 Lone Pine Rd, West Palm Beach, FL, 33410

Grades PK-8

1.08 miles away

P

Palm Beach Virtual Instruction Program

9482 MacArthur Blvd, Palm Beach Gardens, FL, 33403

Grades KG-12

2.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.