1950 Highway 1 Rockledge, FL 32955
SINGLE_FAMILY - Rockledge, FL
Property Features for 1950 Highway 1
General Information
- Property type
- Residential
- Property subtype
- Office
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 25-36-10-02-0000e.Q-0000.00
- Size
- 2,871 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- TUSCANY CENTER CONDO UNIT 1C TUSCANY CENTER CONDO AS DESC IN ORB 5889 PG 2633 AND ALL AMENDMENTS THERETO
- Tax Annual Amount
- 4721
Utilities
- Sewer type
- Septic Tank
- Water source
- Public
Building Details
- Year built
- 2008
- Building materials
- Concrete
- Roof type
- Tile
Listing agent Nicholas N Rahal (321) 631-0511
Listing office Rahal Real Estate LLC 1269 S. Hwy US 1, Rockledge, FL (321) 631-0511
Listing date Mar 12, 2026
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 1950 Highway 1 in Rockledge, Florida, in Brevard County. The total building size is 2,871 square feet and sits on a 0.12-acre lot.
Overall, the configuration combines patient-facing areas with dedicated back-office and clinical rooms, offering a practical footprint for a medical practice that needs exam space, imaging capability, and separate physician accommodations.
Key Highlights
- Medical office built in 2008 with concrete construction and a tile roof
- 8 dedicated exam rooms plus a private Physician's Suite with an ensuite bath
- Includes a specialized X‑ray room
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.0k | $21.60 |
| − Vacancy | −$9.9k | −$3.46 |
| EGI | $52.1k | $18.14 |
| − OpEx | −$13.0k | −$4.54 |
| NOI | $39.1k | $13.61 |
