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16 South Street, Rockledge, FL 32955
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$1,950,000
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Home Details for 16 South Street
Price
$1,950,000
Type
Multi Family
Bedrooms
22
Total Bathrooms
20
Full Bathrooms
20
Year Build
1925
Sq. Ft.
8200
Lot Size
0.36
County
Brevard
Tax
$16,138.1
MLS®️ Listing#
1039226
On exitrealty.com
115 days
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.
Don't miss out on this incredible opportunity to own a thriving multifamily complex in one of Brevard County's most charming neighborhoods!
- Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Cooling Information
- Wall/Window Unit(s)
- Heating Information
- Varies by Unit
- Water Features
- Public
School Information
School Information for 16 South Street
Elementary School
Tropical
Middle School
McNair
High School
Rockledge
Listing Courtesy: Blue Marlin Real Estate - 321-877-2902
The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Copyright ©2026 Brevard MLS. All Rights Reserved.
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Market statistics compiled from data from Brevard County MLS (Melborn/Space Coast).
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$1,950,000
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