Real Estate Listings for Cocoa Beach, Satellite Beach and Brevard County, Florida

Alyssa Boyd

Greater Brevard Area, Waterfront Properties & Cocoa Beach

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Rockledge, Fl

Price: $2,000,000

16 South Street

Rockledge, Fl 32955

8,200 Sq. Ft.

0.00 Bathrooms


MULTIFAMILY - MLS #1039226 - Built in 1925
Added on Thursday, March 6th, 2025 at 12:00am


About This Property:

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.

Subdivision

Derbys Addn To Cocoa

Parking

Split Floorplan

Pool

No

Pool Description

Waterfront

Water Type

none

Construction

Floor

Exterior Finish

Roof Type

Fireplace

Furnishings

Home Warranty

Utilities

Appliances

County

Brevard

Gated Community

HOA

HOA Dues

$0.00

Tax Year

2024

Tax Amount

$16,138.10

55+ Community

Home View

Additional Rooms

Short Sale

Home Style

Interior Features

Exterior Features

Property Details - This listing is courtesy of Blue Marlin Real Estate.