1883 Smith Drive North Palm Beach, FL $ 727,500
1883 Smith Drive
$ 727,500
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1883 Smith Drive

North Palm Beach, FL, 33408
$ 727,500
Baths4.0 Sq 1,528

Monthly Estimate*

$ 4,479

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Studio

Multi-Family Home for sale in North Palm Beach, FL

for $727,500 with 4 full baths. This 1,528 square foot home was built in 1958 on a lot size of 0.17.

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.

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Multi-Family Active

Price

$ 727,500

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,300

Style

Lot Size

0.17

Year Built

1958

Town/City

North Palm Beach

County/Region

Palm Beach

MLS | Web ID

R11130701

Features
General
Sewer Public Sewer
Heating Electric
Cooling Electric Wall/Window Unit(s)
Utilities Cable Available Sewer Available Water Available
Possession Close Of Escrow
Roof Composition
Patio/Porch Features Porch
Construction Materials Block
Year Built 1958
Electric 3 Phase
Tenant Pays Cable TV Electricity
View Garden
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2024
Gross Income 66000
Waterfront Features None
County Palm Beach
Net Operating Income 50000
New Construction false
Property Type Residential Income
Subdivision Name SMITH ARTHUR M AND EMMA D SUB
Status Active
City North Palm Beach
Senior Community Y/N false
Number Of Units Total 4
MLS Area 5220
Tax Annual Amount 8300.09
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/1883-Smith-Drive-North-Palm-Beach-FL-33408/unbranded
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description ARTHUR M & EMMA D SMITH LT 17 & N 15 FT OF SMITH DR LYG S OF & ADJ TO
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Interior
Flooring Other Vinyl
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup Outside
Total Baths 4
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Exterior
Exterior Amenities Outdoor Living Area
Fencing Fenced
Lot Features < 1/4 Acre
Water Source Multiple Meters Well
Lot Size Area 7320
Building Area Total 1848
Lot Size Acres 0.17
Waterfront Y/N false
Road Frontage Type Public Road
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* Excluded Features
List By
Matthias Jay Fretz

Listing Agent

Affordability Calculator

$5,171
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,479
Monthly Property Taxes
$692
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
3/16/2026 $727,500 -7.79% Price Down
1/15/2026 $789,000 Listed Price

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1883 Smith Drive, North Palm Beach, FL, 33408 is a Multi-Family Home for sale at $727,500 with 1,528 sqft and a lot size of 0.17. 1883 Smith Drive is a studio with 4.0 baths and was built in 1958. The property's zip code is 33408 which is in North Palm Beach, FL