16 S St Rockledge, FL 32955
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
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
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: 6/26/2025, 11:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,000,000
16 S St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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.
Neighborhood
The neighbors living near this home have an average income of $30,600. Residents of Rockledge, FL typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Horse Races
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
LongHorn Steakhouse
What do the neighbors drive?
Mazda
Lincoln
Buick
What do the neighbors listen to?
Rock
Classical
Contemporary Inspirational
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.
Over 5 listings were sold over their listed price in May 2025 in Rockledge, FL. In the same period over 38 listings were sold below the listed price and 4 listings were sold for the listed price. In May 2025 in Rockledge, FL there were 7.2% more homes for sale than in April. The median list price of listings available in May 2025 was $385,020, while the average time on the real estate market was 57 days.