16 South Street, Rockledge, FL 32955

$1,950,000

28 Total Photos [Click to View All]

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. The strong rental demand in this desirable location makes it an outstanding addition to any real estate portfolio.Dont miss out on this incredible opportunity to own a thriving multifamily complex in one of Brevard Countys most charming neighborhoods!

16 South Street | MLS# 1039226

This multi-family property located at 16 South Street, Rockledge, FL 32955 is currently listed for sale with an asking price of $1,950,000. Search Rockledge real estate on jsaint.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s), Split System, Individual
Heating: Varies by Unit
Lot Size: 0.36 Acres
Roof Type: Shingle
Year Built: 1925
Square Feet: 8,600

Feature Descriptions

Days on Site: 371
Exterior: Frame
Road Surface: Paved
Sewer: Public Sewer
Utility Features: Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters
Water: Public

Local Schools

High School: Rockledge
Middle School: McNair
Elementary School: Tropical

Listed By / Shown By

Listed By

Agency Name: Blue Marlin Real Estate
Agency Phone: 321-877-2902

Shown By

Agent Name: Jennifer Saint
Agent Phone: (904) 477-0891
Agency Title: Watson Realty Corp., REALTORS ®

IDX logo

Estimate Your Payment

Estimated Payment

$ 9,971.94 per month $9,403.19 Principal & Interest $0.00 Property Tax (data not provided by mls) $568.75 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/12/2026. The listing information on this page last changed on 03/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/12/2026 2:58:28 AM EST) or GAMLS (last updated Wed 03/11/2026 11:14:54 PM EST) or Stellar MLS (last updated Thu 03/12/2026 1:59:09 AM EST) or SPC MLS (last updated Wed 03/11/2026 11:20:33 PM EST) or Martin MLS (last updated Wed 03/11/2026 11:38:11 PM EST) or Indian River MLS (last updated Wed 03/11/2026 11:30:23 PM EST) or Daytona MLS (last updated Wed 03/11/2026 11:36:50 PM EST) or Northeast Florida MLS (last updated Thu 03/12/2026 12:18:43 AM EST) or Beaches MLS (last updated Thu 03/12/2026 2:36:11 AM EST) or BORMLS (last updated Wed 03/11/2026 11:16:09 PM EST) or Golden Isles MLS (last updated Wed 03/11/2026 11:26:30 PM EST) or Amelia/Nassau MLS (last updated Wed 03/11/2026 11:25:21 PM EST) or Dixie Gilchrist Levy MLS (last updated Wed 03/11/2026 11:42:21 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel