Property profile

1300 Florida S Ave Rockledge, FL 32955

OFF-MARKET
Office buildings
Property ID
US18-3523764
2,500 SF 0.18 ac lot Built 1982
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-unit office building, located at 1300 Florida Avenue S in Rockledge, Florida, 32955, presents a fantastic investment opportunity. Priced at $379,000, this 1982-built property sits on a generous 7,840.8 square foot lot and boasts high visibility due to its prime location near Downtown Cocoa and its frontage on a busy road. The building is in excellent condition, having undergone a complete renovation in late 2016, including a new roof. The property features a shared main lobby currently serving two symmetrical units, each comprising a reception area, three offices/patient rooms, two bathrooms, a kitchen, storage space, and a large conference room. The lobby is easily divisible, allowing for expansion of individual unit office or reception areas. Currently vacant, this property is ideal for an owner-user or for leasing the entire building or individual units. The previous owner operated a clinic/doctor's office, and the existing equipment and furnishings are negotiable. Ample parking is available on-site. This turnkey property offers immediate occupancy and significant potential for return on investment. Don't miss this chance to acquire a well-maintained, conveniently located office building in a thriving area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,500 SF
Lot 0.18 ac (7,841 SF)
Zoning code C2
APN 25-36-04-75-00000.0-0070.00
UPID US18-3523764

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Pediatrician Physician
  • Pediatrician Physician
  • Physician

Location

1300 Florida S Ave Rockledge, FL 32955-2446
Rockledge metro Census 62800 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2025
Last sale
$379,000
5 recorded transactions
2025
$379,000
2016
$105,000
2013
Price N/A
2013
Price N/A
1997
$300,000

Zoning & alternative use

C2 · Rockledge, FL
Zoning description

The C2 zone are intended to apply to an area developed to business establishments which serve all portions of the city and the metropolitan area, or which by its location, trend of development or planned development desi…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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