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 Provided Courtesy of Douglas Elliman (Jupiter)
Property Details
Price:
$789,000
MLS #:
R11130701
Status:
Active
Beds:
0
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
SMITH ARTHUR M AND EMMA D SUB
Neighborhood:
5220
Listed Date:
Jan 13, 2026
Finished Sq Ft:
1,528
Total Sq Ft:
1,848
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1958
Units:
4
See this Listing
Schools
Interior
Cooling
Electric, Wall/Window Unit(s)
Flooring
Vinyl, Other
Heating
Electric
Laundry Features
Outside, Dryer Hookup, Washer Hookup
Exterior
Construction Materials
CBS
Roof
Composition
Financial
Tax Year
2024
Taxes
$8,300
Map
Community
- Address1883 Smith Drive North Palm Beach FL
- SubdivisionSMITH ARTHUR M AND EMMA D SUB
- CityNorth Palm Beach
- CountyPalm Beach
- Zip Code33408
Market Summary
Current real estate data for Multi Family in North Palm Beach as of Jan 27, 2026
3
Multi Family Listed
16
Avg DOM
500
Avg $ / SqFt
$974,667
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 Multi Family for sale in North Palm Beach, FL, 33408. It is listed for $789,000 To schedule a showing of MLS#r11130701 at 1883 Smith Drive in North Palm Beach, FL, contact your Stonecrest International Realty agent at 561-707-9933.
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