Brevard County Property Search

Save
Ask
Tour
Hide
Share
$549,000
New Listing

13 S Palmway Avenue
Rockledge, FL 32955

For Sale|Duplex|Active
0
Beds
4
Total Baths
4
Full Baths
1,845
SqFt
$298
/SqFt
1950
Built
Subdivision:
Rockledge Homes
County:
Brevard
Call Now: (321) 626-4727
Is this the listing for you? We can help make it yours.
(321) 626-4727
13 S Palmway Avenue13 S Palmway Avenue13 S Palmway Avenue13 S Palmway Avenue
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$549,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,845 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1950
MLS Number 
1091338
Status 
Active
Property Tax 
$4,280.81
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
21 hours agoListing first seen on site
21 hours agoListing updated with changes from the MLS
General Features
Acres 
0.14
Additional Property Use 
InvestmentMulti-Family
Direction Faces 
North
Levels 
One
Number Of Stories 
1
Parking 
Off Street
Parking Spaces 
4
Property Sub Type 
Duplex
Sewer 
Public Sewer
Utilities 
Natural Gas AvailableCable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected
Water Source 
Public
Interior Features
Cooling 
Central AirElectricVaries by UnitWall/Window Unit(s)
Heating 
CentralElectricVaries by Unit
Laundry Features 
Common Area
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
BlockFrame
Road Frontage 
City Street
Roof 
Shingle
Community Features
MLS Area 
213 - Mainland E of US 1
Financing Terms Available 
CashConventional
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Tropical
Middle School
McNair
High School
Rockledge
Listing courtesy of Falk Homes, LLC.

The data relating to real estate shown on this website comes in part from the Internet Data Exchange (IDX) program of Space Coast Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share