16 South Street, Rockledge, FL 32955

Price: $2,000,000

MLS # 1039226

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Type: Multifamily

Bedrooms: N/A

Full Baths: N/A

Half Baths: N/A

List Date: 03-06-2025

Year Built: 1925

Homestead: N/A

8,200 Sq. Ft.

Zoning: N/A

Property Images:

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Property Description:

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.

Exterior Features

N/A


Interior Features

N/A


Equipment / Appliances

N/A


Utilities

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Property Details

Street Name

County

Brevard

Listing Status

Active

Tax Year

2024

Pool

No

Private Pool

No

ZipCode

Subdivision

Derbys Addn To Cocoa

Tax Amount

$16,138

HOA Dues

$0.00

16 South Street Rockledge, FL 32955

This listing is courtesy of Blue Marlin Real Estate.

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Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Vero Beach, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard and Central Florida.

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