


$549,000
13 S Palmway Avenue, Rockledge, Fl 32955Rockledge, FL 32955
Listing updated: November 2, 2026 at 7:00 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Status: ActiveNov 1, 2026
- Listed$549,000Nov 1, 2026
Property Documents
Documents the listing agent has made public for this property. Free to view and download.
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Subdivision
- Rockledge Homes
- County
- Brevard
- Year built
- 1950
- Living area
- 1,845 sq ft
- Price/sq ft
- $298
- Building area
- 0 sq ft
- Lot size
- 6,098 sq ft
- Parcel #
- 25-36-04-75-00000.0-0010.00
- MLS #
- 1091338
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Interior Details
- Bedrooms
- 0
- Full bathrooms
- 4
Parking
- Garage spaces
- 0
Listing Details
- Listing date
- 2026-11-01
- On market date
- 2026-11-01
- Original list price
- $549,000
- Status changed
- 2026-11-01
Location
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of November 2, 2026 at 7:00 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
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. Data is deemed reliable but is not guaranteed accurate by the MLS.
© 2026 Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.
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