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428 Roseland Drive, West Palm Beach, FL 33405 (MLS# R11051945)

428 Roseland Drive, West Palm Beach, FL 33405

$977,345

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Property Type: Residential Income Square Footage: 2,820 Status: Closed

Current Price: $977,345 List Date: 1/14/2025 Last Modified: 8/13/2026

Overview

Description

Welcome to Four at Roseland, a stunning four-plex located in the heart of vibrant West Palm Beach. This property is perfect for investors or owner-occupants seeking a fantastic opportunity in one of South Florida's most desirable areas. Property Highlights: Unit Details: All four units feature 2 bedrooms and 1.5 bathrooms, offering spacious and comfortable living spaces for tenants. Rental Income: Current rents are $1,650, $1,700, $1,700, and $1,900, with an additional $100 RUBS fee per unit for water, sewer, and trash services. Recent Upgrades: New impact-resistant doors for enhanced safety and storm protection. Updated outdoor lighting and freshly painted exterior for added curb appeal. Interior updates include vinyl wood flooring and select units with washer/dryer hookups

Supplements: One Unit Vacant for Showings: An excellent opportunity to explore the potential of this property firsthand. Investment Potential: With steady rental income and ongoing updates, this property is well-suited for both seasoned investors and those looking to owner-occupy while earning rental income. Location Benefits: Situated in the heart of West Palm ... (Read more)

Listing Details MLS# R11051945

General Property Information

Property Sub Type: Quadruplex
Building Area Main: 2820
Building Area Source: Other
Living Area Main: 2538
Year Built: 1953
Gated Community YN: No
Lot Size Area: 6075
Lot Size Acres: 0.14
Lot Size Dimensions: 45.0 ft x 135.0 ft
Senior Community YN: No
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: Sidewalks Documents Available: Other Electric: Three Phase Exterior Features: None Flooring: Terrazzo; Vinyl Property Condition: Resale Structure Type: Quadruplex Tenant Pays: Cable TV; Electricity; Water Source Of Expenses: Pro Forma Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Other Listing Terms: Cash; Conventional; VA Loan Possession: Close Of Escrow Restrictions: No Restrictions Roof: Built-Up Sewer: Public Sewer Storm Protection Details: None Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: Appointment Only; Call Listing Agent; Occupied; Text Listing Agent Unit 1 Appliances: Range Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: On Street; Open Parking Unit 1 Rooms: Kitchen Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: On Street; Open Parking Unit 3 Other Equipment: Air Conditioning Unit Unit 4 Other Equipment: Air Conditioning Unit Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 950000
Negotiable Seller Concessions YN: No

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 428
Street Name: Roseland
Street Suffix: Drive
City Name: West Palm Beach
State Or Province: FL
Postal Code: 33405
Postal Zip: 33405
Subdivision Name: ROSEDALE
Area: 5430
Geographic Area: PB20
Parcel Number: 74434333290080010
Zoning: MF20(c

Financial Information

Tax Annual Amount: 5530
Tax Year: 2024
Tax Legal Description: AMND PL OF ROSEDALE ADD LT 1 BLK 8

Status Change Information

Major Change Timestamp: 2025-02-28T16:07:40Z
Major Change Type: Status Change
Status Change Date: 2025-02-28
Under Contract Date: 2025-02-07
Close Date: 2025-02-28
Close Price: 977345
Buyer Financing: Cash

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: No

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 13800
Gross Income: 88200
Net Operating Income: 74400

Unit 1 Details

Actual Rent: 1800
Baths Half: Yes
Furnished: Unfurnished
SqFt: 645

Unit 2 Details

Actual Rent: 2000
Baths Half: Yes
Furnished: Unfurnished
SqFt: 645

Unit 3 Details

Actual Rent: 1750
Baths Half: Yes
Furnished: Unfurnished
SqFt: 645

Unit 4 Details

Actual Rent: 1700
Baths Half: Yes
Furnished: Unfurnished
SqFt: 645

Price Calculations

Current Price To SqFt: 385.08
Original List Price To Close Price: 0.97

Originating Details

Originating System Key: 20250104035049869867000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

Sidewalks: Yes

Electric

Three Phase: Yes

Exterior Features

None: Yes

Flooring

Terrazzo: Yes
Vinyl: Yes

Property Condition

Resale: Yes

Documents Available

Other: Yes

Structure Type

Quadruplex: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Other: Yes

Water Access

None: Yes

Window Features

Blinds: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes
VA Loan: Yes

Roof

Built-Up: Yes

Water Source

Public: Yes

Source Of Expenses

Pro Forma: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Occupied: Yes
Text Listing Agent: Yes

Restrictions

No Restrictions: Yes

Storm Protection Details

None: Yes

Tax Information

City/County: Yes

Contingencies

None: Yes

Unit 1 Appliances

Range: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

On Street: Yes
Open Parking: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

On Street: Yes
Open Parking: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Grace CRE

Last Updated: August - 13 - 2026

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428 Roseland Drive, West Palm Beach, FL 33405 (MLS# R11051945)