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16 South Street, Rockledge, FL 32955

No

BUILDINGS

$2,000,000

LISTING PRICE

8,200

SQUARE FEET

Multi Family

TYPE

Year Built: 1925

Subdivision: Derbys Addn To Cocoa

MLS#: 1039226


Status: Active

For More Information Call:

321-255-4242

Property Details:

Prime Multifamily Investment Opportunity in Rockledge - Just a Short Walk to Cocoa Village!This fully occupied, income-generating property offers an excellent investment opportunity with two buildings on one lot, totaling 20 units. Located in the highly desirable Rockledge area, just a short walk to the vibrant Cocoa Village, this property is highly sought after by tenants and investors alike.The complex consists of a 16-unit building and a 4-unit building, with a mix of unit types: 8 studio apartments, 10 1-bedroom/1-bath units, and 2 spacious 2-bedroom/1-bath units. These well-maintained units cater to a variety of tenants, ensuring consistent demand and reliable income. The property also boasts ample parking, on-site coin laundry, a storage shed, and welcoming common areas with balconies and seating.Completely refurbished in 2008 and with a new roof installed on both buildings in 2023, this property has been meticulously cared for.


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This listing is courtesy of Blue Marlin Real Estate. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

  • Acreage0.36
  • Area213 - Mainland E of US 1
  • BuildingsNo
  • CityRockledge
  • CountyBrevard
  • DirectionsFrom US1/Rosa L. Jones Dr, head east on Rosa L. Jones, make a slight right on to Oak St, turn south on South St. and arrive at property on the left.
  • Fixer UpperNo
  • General County LocationCentral
  • Legal DescriptionDERBYS ADDN TO COCOA LOTS 63, 64
  • List Price/SqFt$243.90 / sqft
  • Listing ID1039226
  • Listing StatusActive
  • Number of Units2
  • PoolNo
  • Prop TypeMulti Family
  • Property TypeMultifamily
  • SqFt - Living8,200 sqft
  • State/ProvinceFL
  • StatusActive
  • Status Change DateThursday, March 6th, 2025
  • Street NameSouth
  • Street Number16
  • Street SuffixStreet
  • SubdivisionDerbys Addn To Cocoa
  • Tax Year2024
  • Taxes$16,138.10
  • UnBranded Virtual TourClick Here
  • Year Built1925
  • Zip Code32955

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