REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tina Veltri

tinaveltri.realtor@gmail.com +1(321) 341-6541

$ 549,000

Est. payment | -/mo

3 Beds

4 Baths

1,845 SqFt

Save

$ 549,000

Est. payment | -/mo

Save

3 Beds

4 Baths

1,845 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,845 sqft

Price per Sqft $297

Subdivision Rockledge Homes

MLS Listing ID 1091338

Bedrooms 3

Full Baths 4

HOA Y/N No

Total Fin. Sqft 1845

Year Built 1950

Annual Tax Amount $4,280

Tax Year 2026

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Duplex

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

FULLY OCCUPIED INCOME-PRODUCING TRIPLEX IN ROCKLEDGE! Excellent investment opportunity conveniently located near Cocoa Village, shopping, dining, and major roadways. The property features three rented units: a spacious 2BR/2BA main residence, a separate 1BR/1BA apartment, and a studio with its own bathroom. Recent improvements include a NEW ROOF (2026), NEW CENTRAL A/C for the 2BR/2BA (2026), updated electrical meters and panels (2025), tankless water heater (2025), laundry facilities (2025), and refreshed studio (2026). All three units are rented, providing immediate income with approximately $58,740 in annual gross scheduled income, including utility reimbursements and estimated laundry revenue. An excellent opportunity to acquire an established multifamily investment in a desirable Rockledge location. DO NOT DISTURB TENANTS. SHOWINGS BY APPOINTMENT ONLY. All three units are tenant-occupied and generating rental income. Current monthly income: Unit 13 (2BR/2BA): $2,100 (utilities included) Unit 13A (1BR/1BA): $1,495 ($1,345 rent + $150 utilities) Unit 13B (Studio/1BA): $1,250 (utilities included) Laundry income: Approximately $50/month Gross Scheduled Income: $4,895/month or $58,740/year. Estimated annual operating expenses of $15,928 already account for projected property taxes following the sale of $7,587.50, compared to the current 2026 property taxes of $4,280.81. This higher tax estimate has been included to provide investors with a more realistic picture of potential operating expenses after purchase. Expenses also include insurance, electricity, water, garbage, natural gas, and internet. Maintenance, management fees, vacancy allowance, and reserves are excluded. All financial information is provided for informational purposes and should be independently verified by the buyer. DO NOT DISTURB TENANTS. ALL SHOWINGS MUST BE SCHEDULED AND CONFIRMED IN ADVANCE.

Location

State FL

County Brevard

Area 213 - Mainland E Of Us 1

Direction From US-1, turn east onto Florida Avenue, then right onto N Palmway Avenue. Turn right onto Park Street, then left onto S Palmway Avenue. Property is on the right

Interior

Heating Central, Electric, Varies by Unit

Cooling Central Air, Electric, Varies by Unit, Wall/Window Unit(s)

Laundry Common Area

Exterior

Exterior Feature ExteriorFeatures

Parking Features Off Street

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Roof Type Shingle

Present Use Investment,Multi-Family

Street Surface Asphalt

Road Frontage City Street

Garage No

Building

Faces North

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

Elementary Schools Tropical

High Schools Rockledge

Others

Senior Community No

Tax ID 25-36-04-75-00000.0-0010.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Owner Licensed RE

Space Coast Association of Realtors (Brevard MLS)

Listed by Falk Homes, LLC.

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(321) 341-6541

tinaveltri.realtor@gmail.com

1400 International Pkwy, Mary, FL 32746, USA

13 S Palmway AVE Rockledge, FL 32955

Tina Veltri

Key Details

Location

Interior

Exterior

Building

Schools

Others

Schools and Properties Nearby

Learn More About LPT Realty

Tour the Home

13 S Palmway AVE