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1883 Smith Dr
North Palm Beach, FL 33408
Multifamily Property For Sale
·
4 Units
Executive Summary
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 Facts
| Price Per Unit | $269,371 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.34 AC |
| No. Units | 4 | Building Size | 1,848 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Zoning | RH - RH—MULTI-FAMILY (HIGH DENSITY) (00-UNINCORPORATED) | ||
| Price Per Unit | $269,371 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 1,848 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1958 |
| Zoning | RH - RH—MULTI-FAMILY (HIGH DENSITY) (00-UNINCORPORATED) |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | $1,775 CAD | 400 |
| 1+1 | 1 | $2,185 CAD | 500 |
Property Taxes
| Parcel Number | 00-43-42-04-01-000-0160 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $579,020 CAD |
Property Taxes
Parcel Number
00-43-42-04-01-000-0160
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$579,020 CAD
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