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16 South Street

Rockledge, FL 32955

MLS #: 1039226


Property Type: Multifamily

List Date: 03-06-2025

Year Built: 1925

8,200 Sq. Ft.


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.


Street

South Street

County

Brevard

Listing Status

Active

Tax Year

2024

Pool

No

ZipCode

Subdivision

Derbys Addn To Cocoa

Tax Amount

$16,138.10

HOA Dues

$0.00


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16 South StreetRockledge, FL 32955

This listing is courtesy of Blue Marlin Real Estate.

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