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Property profile & analytics
OFF-MARKET
Land

1863 Rockledge Dr Rockledge, FL 32955

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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