112 Roosevelt Place, West Palm Beach, FL, 33405 | $5,395,000

No detail was spared in the complete renovation of this stunning 1928 Mediterranean Revival home located in the highly desirable Prospect Park Historic District of West Palm Beach. Blending timeless architecture with modern luxury, 112 Roosevelt Place offers all the conveniences of new construction—just steps from the Intracoastal Waterway and minutes from Palm Beach Island and the Norton Museum of Art. As you approach the original Pecky Cypress front door, the home's thoughtful craftsmanship is immediately evident. Lush tropical landscaping, Chicago brick pathways, and architectural details seamlessly complement the home's historic character. Inside, the main residence features 3 bedrooms, 2. 5 bathrooms, and an inviting floor plan filled with natural light. he interiors boast refinished hardwood floors, 8-foot solid doors, and custom closets throughout. Every system has been updated, including a new roof, hurricane-impact windows and doors, new electrical and plumbing, and dual-zone A/C systems. Additional upgrades include gas tankless water heaters, a whole-house water filtration and softening system, a Generac whole-property generator, and a comprehensive security system for peace of mind. At the heart of the property is a heated pool, perfect for entertaining or relaxing in total privacy. Adjacent to the pool, the detached cabana offers a full bathroom, laundry, and wet bar an ideal space for guests or poolside entertaining. Above the cabana sits a spacious one-bedroom apartment complete with a kitchenette and separate entrance, perfect for visitors, in-laws, or seasonal rental income. With its prime location east of Olive Avenue, residents enjoy walkability to the Intracoastal Waterway, easy access to Downtown West Palm Beach, and the world-class shopping and dining of Palm Beach Island. The Norton Museum, CityPlace, and the area's best galleries, restaurants, and parks are just moments away.

Features

  • Rooms: 4
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Laundry Closet, Inside
  • Style: Mediterranean
  • Year Built: 1928
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,586
  • Acreage: 0.18
  • Est. Taxes: $81,917
  • Elem. School: Palm Beach Public
  • Middle School: Conniston Community
  • High School: Forest Hill
  • Pool: In Ground, Salt Water
  • Pet Policy: Yes, No Restrictions
  • Appliances: Dryer, Disposal, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • MLS#: B26028377
  • Website: https://www.raveis.com
    /eprop/B26028377/112rooseveltplace_westpalmbeach_fl?source=qrflyer
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Listing courtesy of One Sotheby's International Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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112 Roosevelt Place, West Palm Beach, FL, 33405

$5,395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,316,000 $4,316,000 $4,316,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.385% 6.223%
Monthly Tax Payment $6,826 $6,826 $6,826
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $25,877 $26,574 $36,421
Total Monthly Payment $32,828 $33,525 $43,372

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.