1416 Rosslyn Drive, Palmetto, FL 34221
Local realty services provided by:ERA Grizzard Real Estate
Listed by:michael cook
Office:fine properties
MLS#:A4669954
Source:MFRMLS
Price summary
- Price:$1,050,000
 - Price per sq. ft.:$206.12
 
About this home
RARE investment opportunity... QUADPLEX WITH WATER VIEWS IN A GREAT LOCATION! ASSUMABLE VA LOAN WITH A 2.75% INTEREST RATE. Welcome to the next addition to your portfolio, this quadplex offering endless investment potential to suit many strategies. Whether you're seeking a strong income-producing property or looking to house hack and live in one unit while renting out the others, this property checks all the boxes. This building features one 4/2 unit, one 2/2 unit, and two 2/1 units. Beautiful remodels done on 3 of the units, including 2 balconies, 2 outdoor staircases, and a deck, all new. 3 brand new HVAC systems as well. Each of the four units offers comfortable living spaces, well-maintained interiors, and spacious bedrooms. Tenants will love the close proximity to local beaches, marinas, shopping, dining, and entertainment, all while enjoying the serene views and fresh breeze. With no HOA restrictions and flexible leasing options, this property provides unlimited rental potential—ideal for both short-term and long-term rentals. The generous lot and prime setting offer space for outdoor relaxation, assigned parking, and even future upgrades to maximize returns. Opportunities like this don't come around too often, here is your chance to own a multi-family property in a highly desirable waterfront area—perfect for investors, seasonal owners, or those seeking passive income in paradise. A TRUE HIDDEN GEM. Key Features:Four individual units with strong income potential. Water views and close proximity to coastal amenities. Excellent location near beaches, shops, and dining. No HOA or rental restrictions. Ideal for short-term or long-term rentals. Don’t miss out on this incredible investment opportunity—schedule your private showing today!   
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Home facts
- Year built:1910
 - Listing ID #:A4669954
 - Added:3 day(s) ago
 - Updated:November 03, 2025 at 12:46 PM
 
Rooms and interior
- Bedrooms:10
 - Total bathrooms:6
 - Living area:5,094 sq. ft.
 
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
 - Heating:Central
 
Structure and exterior
- Roof:Metal
 - Year built:1910
 - Building area:5,094 sq. ft.
 - Lot area:0.15 Acres
 
Utilities
- Water:Public, Water Connected
 - Sewer:Public Sewer
 
Finances and disclosures
- Price:$1,050,000
 - Price per sq. ft.:$206.12
 - Tax amount:$12,466 (2024)
 
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