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$690,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 0.17 Acres
See This Home
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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.

Full Property Details for 1883 Smith Dr

General

  • Sold For: $690,000
  • Taxes: $8,300 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: R11130701
  • Added to Site: 281 day(s) ago

Interior

  • Flooring: Other, Vinyl

Rooms

Other Rooms

  • Laundry: Washer Hookup, Dryer Hookup, Outside

Exterior

  • Exterior Features: Outdoor Living Area
  • Porch/Patio/Deck: Porch

Location

  • County: Palm Beach
  • Subdivision: SMITH ARTHUR M AND EMMA D SUB

Community

  • Community Name: 5220
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric, Wall/Window Unit(s)
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Multiple Meters, Well
  • Well: Yes
  • Cable Available: Yes
  • Utility Description: Cable Available, Sewer Available, Water Available

Structural Information

  • Structure Type: Quadruplex
  • Construction: Block
  • Roof: Composition
  • Stories/Levels: 1
  • Building Size: 1848
  • Square Feet: 1,528
  • Living Area: 1,528 Sq. Ft.
  • Year Built: 1958
  • Property Condition: Resale

Lot Features

  • Property View: Garden
  • Lot Size (Acres): 0.17
  • Frontage: Public Road
  • Lot Features: 1/4 Acre
  • Zoning: RH
  • Fencing (Description): Fenced

Water Features

  • Water Front View: None

Financial Considerations

  • Tax Amount: $8,300.09
  • Tax Year: 2024
  • Terms: Cash, Conventional, VA Loan
  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • Documents Avail.: Other
  • Legal Description: ARTHUR M & EMMA D SMITH LT 17 & N 15 FT OF SMITH DR LYG S OF & ADJ TO
  • Property ID: 434204010000170

Listed by Douglas Elliman Jupiter and Douglas Elliman
Sold by Atlantic Florida Properties Inc

Listing agents

— 1883 Smith Dr —

  • Douglas Elliman Jupiter

  • Douglas Elliman

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1883 Smith Dr

School District:Palm Beach County School District
NameGradesDistance
The Conservatory School
401 Anchorage Drive, North Palm Beach, FL 33408
PK-82.4 mi
William T. Dwyer High School
13601 North Military Trail, Palm Beach Gardens, FL 33410
9-123.4 mi
Howell L. Watkins Middle School
9480 Macarthur Boulevard, Palm Beach Gardens, FL 33403
6-82.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1883 Smith Dr

Date
Details
Price
Change
Source
6/29/2026
Sold
$690,000
-5.15%
MLS
3/16/2026
Price Reduced
$727,500
-7.79%
MLS
1/13/2026
Price Reduced
$789,000
-4.36%
MLS
12/01/2025
Price Reduced
$825,000
-5.71%
MLS
10/23/2025
Price Reduced
$875,000
-12.41%
MLS
10/08/2025
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Douglas Elliman Jupiter and Douglas Elliman
Sold by Atlantic Florida Properties Inc

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1883 Smith Drive, North Palm Beach, FL 33408 (MLS# R11130701) is a Multi-Family property that was sold at $690,000 on June 29, 2026. Want to learn more about 1883 Smith Drive? Do you have questions about finding other Multi-Family real estate for sale in North Palm Beach? You can browse all North Palm Beach real estate or contact a Coldwell Banker agent to request more information.