1300 Florida S Ave Rockledge, FL 32955-2446
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Rockledge, FLRockledge. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.