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422 Caroline Avenue, Royal Palm Estates, FL 33413

$449,000
Property Type: Residential Income Square Footage: 2,032 Status: Active Under Contract
Current Price: $449,000 List Date: 7/02/2026 Last Modified: 9/25/2026

Overview

Description

Excellent income-producing opportunity in the heart of West Palm Beach! This well-maintained duplex features two spacious 2-bedroom, 1-bath units, each offering bright, comfortable living spaces with functional layouts. One unit is currently tenant-occupied, generating $2,450 per month in rental income, while the second unit is vacant and ready for immediate occupancy. The property also features a roof replaced in 2018, providing added value and peace of mind. Conveniently located near shopping, dining, schools, major highways, and all that West Palm Beach has to offer, this versatile property is ideal for investors looking to expand their portfolio or owner-occupants seeking rental income. Don't miss this exceptional opportunity in one of West Palm Beach's most desirable locations!

Listing Details MLS# B26047947

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2032
Building Area Source
Public Records
Living Area Main
1624
Living Area Source
Public Records
Accessibility Features YN
No
Year Built
1972
Parking Total
2
Gated Community YN
No
Senior Community YN
No
Stories Total
Yes
Stories
Yes
Pool Private YN
No

Property Features

Documents Available: Deposit - Security Exterior Features: None Fencing: Fenced Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease Property Condition: Resale Special Listing Conditions: Standard Structure Type: Duplex Tenant Pays: Cable TV; Electricity; Sewer; Water Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional; FHA; VA Loan Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Sewer: Septic Tank Storm Protection Details: None Tax Information: County Only Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Schedule Online Unit 1 Appliances: Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Open Parking Unit 1 Rooms: Laundry Room; Utility Room Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Interior Features: Stack Bedroom Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen; Laundry Room Contingencies: Financing; Inspection

Contract Information

Comp Sale YN
No
Original List Price
449000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
422
Street Name
Caroline
Street Suffix
Avenue
City Name
West Palm Beach
Municipality Type
Unincorporated
Municipal Code
00
State Or Province
FL
Postal Code
33413
Postal Code +4
1825
Postal Zip
33413
Subdivision Name
ROYAL PALM ESTATES
Area
5500
Geographic Area
PB22
Elementary School
Benoist Farms
Middle Or Junior School
Jeaga
High School
Royal Palm Beach
Special Assessment YN
No
Parcel Number
00424335100070050
Subdivision Number
10
Zoning
RM

Financial Information

Master Association YN
No
Tax Annual Amount
7147.96
Tax Year
2025
Tax Legal Description
ROYAL PALM ESTATES LT 5 BLK 7

Status Change Information

Major Change Timestamp
2026-07-17T17:27:23Z
Major Change Type
Status Change
Status Change Date
2026-07-17
Under Contract Type
Active Under Contract
Under Contract Date
2026-07-17

More Information

Leasing Permitted Details

Leasing Permitted YN
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
2
Separate Gas Meters YN
No
Separate Water Meters YN
Yes
Number Of Separate Water Meters
2

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
12
Leasing - Minimum Number of Days
30

Unit 1 Details

Actual Rent
2450
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1016

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-04-09

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
2450
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1016

Unit 2 Lease Description

Currently Leased YN
No

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
276.47

Originating Details

Originating System Key
20260702150530015989000000
Originating System ID
M00000170
IDX
Listing Office: CGI Realty
Source MLS Verified
Last Updated: September - 25 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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