Modern Living Group
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$625,000ACTIVE

736 Rockland Drive, West Palm Beach, FL 33405

beds3baths1,447sq ft$432/ sq ft
THE RESIDENCE

About this home

Discover a truly special multifamily property offering timeless character and exceptional versatility. This unique setup includes two separate residences a 4-bedroom, 2-bath main home plus a detached 1-bedroom, 1-bath cottage, along with an outbuilding for shared laundry and storage. Whether you choose to live in one and rent the other or lease both, this property presents an outstanding income-producing opportunity. The main house welcomes you with a charming, covered porch and a fully fenced yard. Inside, natural light fills the bright and airy floor plan, showcasing elegant crown molding, wood floors, and a thoughtfully designed kitchen and a convenient buffet-style pass-through. Central A/C ensures year-round comfort, complemented by a window unit in the primary bedroom. The spacious primary suite also offers a generous walk-in closet. Outdoors, the fenced yard provides ample space for pets, gardening, or relaxing under a covered porch. The detached efficiency cottage is equally impressive, featuring quartz countertops, stainless steel appliances, a spacious walk-in closet, and a modern split A/C system. A fenced yard creates the perfect setting for outdoor living and added privacy. With its historic vibe, flexible living options, and strong rental potential, this rare multifamily property is a standout opportunity for homeowners and investors alike.

THE DETAILS

Property details

List Price$625,000
Price / Unit$312,500
Units2
Cap Rate8.26%
Gross Income$54,000/yr
Net Operating Income$51,600
Inside Sq Ft1,447
Year Built1950
ConstructionFrame, Wood Siding, Wood Frame
FlooringLaminate, Tile, Wood
ZoningSF7(ci
Lot Dimensions74.0 ft x 106.0 ft
Property TypeDuplex
MLS #R11154605
StatusActive
Original List Price$650,000
GRM11.6
Tenant PaysElectricity
Show all details (8 more)
Stories1
Lot Size0.18 acres
WaterfrontNo
ViewGarden
Days on Market132
Annual Taxes$8,158
CityWest Palm Beach
Zip Code33405
LOCATION

Where you'll live

Patrick Lafferty
FEATURED AGENT
Patrick Lafferty
WPB Specialist
Founding Agent

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BeachesMLSListing courtesy of Lang Realty - Boynton Beach · mrs.jessicaenglert@gmail.com. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.