13 S Palmway Avenue, Rockledge, FL 32955
Local realty services provided by:Better Homes and Gardens Real Estate Star
13 S Palmway Avenue,Rockledge, FL 32955
$549,000
- - Beds
- 4 Baths
- 1,845 sq. ft.
- Multi-family
- Active
Listed by: thomas falk
Office: falk homes, llc.
MLS#:1091338
Source:FL_SPACE
Price summary
- Price:$549,000
- Price per sq. ft.:$297.56
About this home
FULLY OCCUPIED INCOME-PRODUCING TRIPLEX IN ROCKLEDGE! Excellent investment opportunity conveniently located near Cocoa Village, shopping, dining, and major roadways. The property features three rented units: a spacious 2BR/2BA main residence, a separate 1BR/1BA apartment, and a studio with its own bathroom. Recent improvements include a NEW ROOF (2026), NEW CENTRAL A/C for the 2BR/2BA (2026), updated electrical meters and panels (2025), tankless water heater (2025), laundry facilities (2025), and refreshed studio (2026). All three units are rented, providing immediate income with approximately $58,740 in annual gross scheduled income, including utility reimbursements and estimated laundry revenue. An excellent opportunity to acquire an established multifamily investment in a desirable Rockledge location. DO NOT DISTURB TENANTS. SHOWINGS BY APPOINTMENT ONLY. All three units are tenant-occupied and generating rental income. Current monthly income: Unit 13 (2BR/2BA): $2,100 (utilities included) Unit 13A (1BR/1BA): $1,495 ($1,345 rent + $150 utilities) Unit 13B (Studio/1BA): $1,250 (utilities included) Laundry income: Approximately $50/month Gross Scheduled Income: $4,895/month or $58,740/year. Estimated annual operating expenses of $15,928 already account for projected property taxes following the sale of $7,587.50, compared to the current 2026 property taxes of $4,280.81. This higher tax estimate has been included to provide investors with a more realistic picture of potential operating expenses after purchase. Expenses also include insurance, electricity, water, garbage, natural gas, and internet. Maintenance, management fees, vacancy allowance, and reserves are excluded. All financial information is provided for informational purposes and should be independently verified by the buyer. DO NOT DISTURB TENANTS. ALL SHOWINGS MUST BE SCHEDULED AND CONFIRMED IN ADVANCE....
Contact an agent
Home facts
- Year built:1950
- Subdivision & Development:Rockledge Homes
- Listing ID #:1091338
- Added:5 day(s) ago
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Kitchen Description:appl_
- Living area:1,845 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:1950
- Building area:1,845 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:Rockledge
- Middle school:McNair
- Elementary school:Tropical
Utilities
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$549,000
- Price per sq. ft.:$297.56
- Tax amount:$4,280 (2026)
Features and amenities
- Laundry features:appl_
Parking
- Total parking spaces:4
New listings near 13 S Palmway Avenue
- New
$299,000Active3 beds 3 baths1,495 sq. ft.1425 Lara Circle #103, Rockledge, FL 32955
MLS# 1091632Listed by: CLOUD 9 REAL ESTATE GROUP - New
$130,000Active2 beds 1 baths892 sq. ft.1007 Hayden Road, Rockledge, FL 32955
MLS# 1091621Listed by: PALLADIUM INVESTMENTS, INC - New
$399,900Active3 beds 3 baths2,284 sq. ft.962 Sycamore Drive, Rockledge, FL 32955
MLS# 1091546Listed by: LPT REALTY, LLC - New
$315,000Active3 beds 2 baths1,197 sq. ft.1325 Estridge Drive, Rockledge, FL 32955
MLS# 1091583Listed by: REAL BROKER LLC - New
$260,000Active2 beds 2 baths1,190 sq. ft.299 Current Drive #4-12, Rockledge, FL 32955
MLS# 1091554Listed by: KELLER WILLIAMS REALTY BREVARD - Open Sat, 2 to 5pmNew
$2,920,000Active4 beds 5 baths3,500 sq. ft.1863 Rockledge Drive, Rockledge, FL 32955
MLS# 1091501Listed by: CORNELL REAL ESTATE - New
$449,000Active4 beds 2 baths1,975 sq. ft.1461 Scout Drive, Rockledge, FL 32955
MLS# 1091482Listed by: DENOVO REALTY - New
$429,900Active3 beds 2 baths2,011 sq. ft.1861 Sun Gazer Drive, Rockledge, FL 32955
MLS# 1091441Listed by: YOUR GO 2 REALTY, LLC - Open Sat, 11:30am to 1:30pmNew
$275,000Active2 beds 2 baths1,051 sq. ft.1025 Rockledge Drive #205a, Rockledge, FL 32955
MLS# 1091432Listed by: HOMESMART COASTAL REALTY - Open Sat, 12 to 2pmNew
$330,000Active3 beds 2 baths1,464 sq. ft.836 Levitt Parkway, Rockledge, FL 32955
MLS# 1091361Listed by: RE/MAX AEROSPACE REALTY