16 South Street, Rockledge, FL 32955
About 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.
Essential Property Information
- Year Built: 1925
- Price: $2,000,000
- Property Type: Multifamily
- Area: 8,200 sqft.
- Country: USA
- City: Rockledge
Additional Property Info
- Buildings: No
- Fixer Upper: No
- List Price/SqFt: $243.90 / sqft
- Listing ID: 1039226
- Listing Status: Active
- Number of Units: 2
- Pool: No
- Private Pool: No
- Prop Type: Multi Family
- Property Type: Multifamily
- SqFt - Living: 8,200 sqft
- State/Province: FL
- Status: Active
- Status Change Date: Saturday, May 3rd, 2025
- Street Name: South
- Street Number: 16
- Street Suffix: Street
- Subdivision: Derbys Addn To Cocoa
- Tax Year: 2024
- Taxes: $16,138.10
- Virtual Tour: Click Here
- Year Built: 1925
- Zip Code: 32955
Property Details
8200.00 Square Feet
-
0 Bedrooms
-
0.00 Bath
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