Address
1883 Smith Drive North Palm Beach, FL
Price
$ 479,900
Property Attributes
  • MLS#RX-10623118
  • TypeMulti-Family
  • CountyPALM BEACH
  • CityNorth Palm Beach
  • Area5220
  • NeighborhoodSmith Arthur M & Emma D Sub
  • Zip33408
  • StyleQuad Plex
  • Year Built1958
  • Taxes5080
  • Price$ 479,900
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage1848
Listing Provided Courtesy Of:
Florida's Best Realty Services
Property Description

Great investment with this INSTANT INCOME PRODUCING property! 4 unit multi family consisting of three studio apartments & one 1 bedroom apartment on NORTH PALM BEACH! Prime location, walking dist to Palm Beach State College, shopping, beach & more! CBS construction, well water (no h2o bills!), laundry room, some units recently updated/remodeled, exterior has been recently renovated, showing pride in ownership. Plenty up up-side potential to increase rents, prime location, these units rent quickly! As of 9/1/20 property cash flows $4,100/mo. FHA/VA/CONVENTIONAL financing welcome. Separate FPL meters+large shared laundry room! Perfect opportunity to live in one unit & collect rents from other 3 to pay your mortgage, or simply make this an investment cash flow opportunity!

Price History
5/15/2020 Listed $499,999
7/8/2020 5% - $479,900

General Features

Adult 55+ No Hopa
Area 5220
Auction No
Construction CBS
Cooling Electric, Wall-Win A/C
Exterior Features Exterior W/D Hookup, Fence, Open Porch
Flooring Other, Vinyl Floor
Geo Area PB28
Geo Lat 26.845276
Geo Lon -80.062738
HOA None
Heating Electric
Legal Description ARTHUR M & EMMA D SMITH LT 17 & N 15 FT OF SMITH DR LYG S OF & ADJ TO
Possession At Closing
Property Type B
REO No
Restrict None
Roof Comp Shingle
Short Sale No
Source Of Expenses Owner, Proforma
Status Active
Stories 1.0
Subdivision SMITH ARTHUR M & EMMA D SUB
Tax Year 2019
Taxes 5080.00
Tenant Pays Cable, Electric
Terms Considered Cash, Conventional, FHA, VA
Type Quad Plex
Utilities Cable, Electric, Public Sewer, Well Water
View Garden
Virtual Tour https://www.propertypanorama.com/1883-Smith-Drive-1234-North-Palm-Beach-FL-33408/unbranded
Year Built 1958
Zoning RH-Mulit-Family

Interior Features

SqFt - Living 1848.00
Total # Of Units 4
Unit 1 Desc A/C Unit, Range - Electric, Refrigerator
Unit 2 Desc A/C Unit, Range - Electric, Refrigerator
Unit 3 Desc A/C Unit, Range - Electric, Refrigerator
Unit 4 Desc A/C Unit, Range - Electric, Refrigerator

Exterior Features

Carport Spaces 0.00
Lot Description East of US-1, Public Road
Private Pool Y/N No
Subdiv Amenities Common Laundry
Unit 1 Parking Open Parking, Space Parking
Unit 2 Parking Open Parking, Space Parking
Unit 3 Parking Open Parking, Space Parking
Unit 4 Parking Open Parking, Space Parking
Waterfront None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33408

Price
AVG $510K
$480K
Taxes
AVG $6,026
$5,080
Visits
AVG 101
193
Year Built
AVG 1967
1958
Walkscore
AVG 47
55
Data Provided by Walkscore ® not using MLS data

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