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
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
Utilities Cable, Electric, Public Sewer, Well Water

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 $480K
$480K
Taxes
AVG $5,080
$5,080
Visits
AVG 152
152
Year Built
AVG 1958
1958
Walkscore
AVG 55
55
Data Provided by Walkscore ® not using MLS data

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