$1,050,000

1416 ROSSLYN DRIVE, Palmetto, FL 34221

  • 10 beds |
  • 6 baths |
  • 5,094 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $206/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

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!

Listing Status:
Active
Date Added:
October 30, 2025 at 05:00AM
Listing Office:
FINE PROPERTIES : 941-782-0000
Listing Agent:
Michael Cook : 941-704-9432
MLS ID:
A4669954
  • General: Ceiling Fans(s)Solid Surface CountersWalk-In Closet(s)Window Treatments
  • Rooms: Den/Library/Office
  • Appliances: DishwasherDisposalDryerRefrigeratorWasher
  • Laundry: InsideLaundry ClosetLaundry Room
  • Flooring: Wood
  • A/C: Central AirWall/Window Unit(s)
  • Heating: Central
  • General: BalconyCourtyardFenceOther
  • Other Structures: Front PorchDeckRear PorchCoveredOther
  • Parking: Assigned
  • Roofing: Metal
  • Windows: Window Treatments
  • General: FrameCrawlspace
  • Road/Access: AsphaltPaved
  • Originating MLS: Stellar MLS
  • County: Manatee
  • Zoning: RS2S 20 FT OF LOT 8LOT 9 ROSSLYN COURT PI#30939.0000/33093900003
  • Utilities: Electricity ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Michael Cook, FINE PROPERTIES

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Palmetto Elementary School

1540 10th St W, Palmetto, FL, 34221

Grades PK-5

0.64 miles away

J

Just for Girls Middle School

1500 10th St W, Palmetto, FL, 34221

Grades 6-8

0.63 miles away

P

Palmetto High School

1200 17th St W, Palmetto, FL, 34221

Grades 9-12

1.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.