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16 South Street, Rockledge, FL 32955

Local realty services provided by:CENTURY 21 Circle
16 South Street,Rockledge, FL 32955
$1,950,000
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  • 22 Beds
  • 20 Baths
  • 8,200 sq. ft.
  • Multi-family
  • Active
Listed by: brandon phillips
Office: blue marlin real estate
MLS#:1039226
Source:FL_SPACE

Price summary

  • Price:$1,950,000
  • Price per sq. ft.:$226.74

About this home

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. The strong rental demand in this

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Home facts

  • Year built:1925
  • Listing ID #:1039226
  • Added:282 day(s) ago

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:20
  • Full bathrooms:20
  • Living area:8,200 sq. ft.

Structure and exterior

  • Year built:1925
  • Building area:8,200 sq. ft.
  • Lot area:0.36 Acres

Schools

  • High school:Rockledge
  • Middle school:McNair
  • Elementary school:Tropical

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,950,000
  • Price per sq. ft.:$226.74
  • Tax amount:$16,138 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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