$2,000,000

16 S St Rockledge, FL 32955

$10,000
Closing credit¹
22 beds
20 full
8,200 sqft
0.4 acres
$244 / sqft
Multi-Family

Property details

About 16 S St

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!

Highlights

Home typeMulti Family
HeatingVaries By Unit
StatusActive
CoolingWall/Window Unit(s), Split System, Other
Size8,200 sqft
Lot size0.36 Acres
Year built1925
MLS #1039226

Virtual tour

Summary

  • Full Bathrooms: 20
  • Total Bedroom Count: 22
  • Heating: Varies By Unit
  • Cooling: Wall/Window Unit(s), Split System, Other
  • List Price: $2,000,000
  • Price/SqFt: $243
  • Directions: From US1/Rosa L. Jones Dr, head east on Rosa L. Jones, make a slight right on to Oak St, turn south on South St. and arrive at property on the left.
  • Year Built: 1925
  • Stories: 2
  • Living Area: 8,200 SqFt
  • Lot Size: 0.36 Acres
  • MLS Number: 1039226
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Blue Marlin Real Estate
  • Office Phone: (321) 877-2902
  • Office Email: chad@bluemarlinre.com
  • Listing Agent: Brandon Phillips

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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16 S St, Rockledge, FL 32955 - aerial view at dusk with a water view

$2,000,000

16 S St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

4

Golfview Elementary Magnet School

Public Magnet PK-6

1.3 mi

1530 S Fiske Blvd

4

MILA Elementary School

Public District PK-6

1.6 mi

288 W Merritt Ave

8

Tropical Elementary School

Public District KG-6

1.9 mi

885 S Courtenay Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,600. Most Rockledge, FL residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

53%
<35k
15%
35k-100k
18%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

51%
Single, No Kids
8%
Single, with Kids
31%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
5%
12-17 yrs old
13%
18-34 yrs old
52%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • MazdaMazda
  • LincolnLincoln
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Frequently asked questions

About 16 S St

The listing price of 16 S St property is $2,000,000.

The property 16 S St is a multi located in Rockledge, Florida, 32955.

Active Listing: 16 S St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 16 S St are: Golfview Elementary Magnet School (GreatSchools Rating 4/10), MILA Elementary School (GreatSchools Rating 4/10), Tropical Elementary School (GreatSchools Rating 8/10), Ronald McNair Magnet School (GreatSchools Rating 3/10), Emma Jewel Charter Academy (GreatSchools Rating 2/10), John F. Kennedy Middle School (GreatSchools Rating 5/10), Rockledge High School (GreatSchools Rating 3/10), Edgewood Jr/Sr High School (GreatSchools Rating 10/10), North/Central Area Alternative Learning Center (GreatSchools Rating 1/10).

The property 16 S St is 8,200 SqFt (source: MLS/tax record).

The year of construction for 16 S St is 1925.

This home is located at 16 S St in Rockledge, FL and zip code 32955. This 8,200 square foot home, which was built in 1925, sits on a 0.36 acre lot. Features: 22 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $2,000,000.

While more than 5 listings in Rockledge, FL in May 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 38 were sold below. The number of homes for sale in Rockledge, FL increased by 7.2% between April and May 2025. Listings spent 57 days on the market in May 2025, and had a median list price of $385,020 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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