Address: 1883 Smith Drive, North Palm Beach, FL 33408
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.
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.
Features
Building and Construction
Fencing: Fenced
Flooring: Vinyl, Other
Roof: Composition
Eco-Communities
Water Source: Well
Utilities
Cooling: Electric, Wall/Window Unit(s)
Electric: Three Phase
Heating: Electric
Road Frontage Type: East of US-1, Public Road
Sewer: Public Sewer
Utilities: Cable Available, Sewer Available, Water Available
Finance and Tax Information
Tax Year: 2024
Rental Information
Tenant Pays: Cable TV, Electricity
Other Features
Legal Description: ARTHUR M & EMMA D SMITH LT 17 & N 15 FT OF SMITH DR LYG S OF & ADJ TO
Oversized lot in the heart of North Palm Beach with room for a pool and minutes to the beach! Beautiful 4 BR home in the desirable Village of North Palm Beach Golf Cart community offering 1,826 living
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