1883 Smith Dr - Multi-Family FOR SALE


North Palm Beach, FL 33408- Outer Palm Beach Gardens/Jupiter
$875,000 USD
561-676-3824
1883 Smith Dr, North Palm Beach, FL for Sale
$875,000 USD
Multi-Family - FOR SALE
1/26
null | Request Cap Rate

1883 Smith Dr
North Palm Beach, FL 33408
Outer Palm Beach Gardens/Jupiter


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$473 USD /SF

# OF UNITS

4

PRICE/UNIT

$218,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

00-43-42-04-01-000-0170

ASK ABOUT THIS PROPERTY

Matthias FretzDouglas EllimanMore Info
561-676-3824

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Matthias FretzDouglas EllimanMore Info
561-676-3824

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.