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    1863 Rockledge Dr Rockledge, FL 32955

    Sponsored
    For Sale
    $925,000

    Prime 70K SF lot, Intracoastal access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 70,567 square foot commercial and residential land parcel presents a unique investment opportunity in Rockledge, Florida. Situated on Rockledge Drive, this property boasts direct Intracoastal waterway frontage, offering deep water access suitable for larger boats. The high elevation ensures a dry lot, free from wetlands. The existing structures include a detached two-car garage with an above-efficiency apartment complete with a bedroom, full bath, small kitchen, and living room – ideal for guests, family, or rental income. Additional storage sheds provide ample space. The property is conveniently located in Brevard County, Florida, with the zip code 32955. Buyers have the flexibility to rebuild the existing home, either entirely or in sections, tailoring the property to their specific needs. Importantly, there are no HOA fees associated with this property, offering greater freedom and control. This is a rare chance to acquire a substantial waterfront lot with existing structures and significant development potential. The property's location and features make it an attractive proposition for both commercial and residential ventures.

    Property Features for 1863 Rockledge Dr

    General Information

    Property type
    Land

    HighLights

    • Asking price: $925,000
    • 70,567 square foot lot
    • Direct Intracoastal waterfront property on Rockledge Drive in Rockledge, FL
    • High elevation, dry lot with no wetlands
    • Existing home, or portions thereof, can be rebuilt
    • Detached two‑car garage with a one‑bedroom efficiency apartment above
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rockledge
    County
    Brevard
    State
    Florida
    Longitude
    -80.7013771
    Latitude
    28.3020669

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    FAQs

    What type of property is this?
    Land - Prime 70K SF lot, Intracoastal access.
    Where is this land located?
    The property is located at 1863 Rockledge Dr Rockledge, FL.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Asking price: $925,000; 70,567 square foot lot; Direct Intracoastal waterfront property on Rockledge Drive in Rockledge, FL
    Request Owner's contact information
    1863 Rockledge Dr Rockledge, FL 32955
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1863 Rockledge Dr Rockledge, FL 32955
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