227 Rockledge Dr, Rockledge

Usage

Mixed use - store and office or store and residential or residential combination

Address:

227 Rockledge Dr
Rockledge
FL 32955

Property Size:6,312 sq ft
Acreage:0.38
Year Built:1909
Property Class:B3
Latitude:28.349
Longitude:-80.723

Not Offered for Sale

Our records indicate this property is not currently for sale but we may be able to find something similar. Contact us for details.

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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

Contact us if you want to buy or sell real estate in Rockledge:

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Please quote reference number: 157114 in your email

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Brevard County, Florida

Brevard County in located in the East Central Florida region. Top industries for Brevard County include technology, tourism, agriculture, and other service businesses. The Kennedy Space Center is located in Brevard County and provides many jobs for the area as well as acts as a popular tourist destination. Other tourist attractions in Brevard County include Port Canaveral, one of the busiest cruise ports in the world, and Cocoa Beach.

In 2010 and 2011, the Brookings Institution reported that Brevard ranked in the bottom fifth of the nation's top metro areas, based on unemployment, gross metropolitan product, housing prices and foreclosed properties. In 2011, the county was rated the 6th worst in the nation for foreclosures. Top public sector employers for Brevard County are Brevard County School Board, Brevard County Board of County Commissioners, NASA, and US Department of Defense. Private sector employers include Harris Corporation, Health First, Inc, United Space Alliance, Wuesthoff Health System, and Northrop Grumman Corporation. ..more


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Links

  1. 227 Rockledge Dr, Rockledge, FL on Google Maps
  2. Rockledge, FL Property Values on Trulia
  3. Demographic Data for Zipcode 32955 from City-Data.com
  4. Rockledge Demographics from City-Data.com
  5. Phone numbers and opening hours for businesses in the 32955 Zipcode

Documents

  1. 227 Rockledge Dr Building Footprint

Buildings

BuildingYear BuiltSizeUsageFeatures
Building 1 1909 5,010.00 Commercial Improvement Not Suitable For Occupancy Plywd/T111 Exterior, Wood Frame, Enamel Metal Roof, Hip/Gable Roof, Pool, Boat Dock,
Building 2 1957 1,302.00 Commercial Improvement Not Suitable For Occupancy Triplex Plywd/T111 Exterior, Wood Frame, Enamel Metal Roof, Hip/Gable Roof, Pool, Boat Dock, Painted Exterior, Masonry Concete Frame, Bu-Tg/Mmbrn Roof, Utility Room,

Owner Details

Companies at this Address

  1. Principal Address for Cameron Industries, LLC
  2. Mailing Address for Cameron Industries, LLC

Companies near this Address

  1. J. D. Johnson, Inc. (23 Sutton)
  2. Organized Fishermen Of Florida, Inc. (225 Rockledge Dr)
  3. Cameron Industries, LLC (227 Rockledge Dr)
  4. Maverick Charters, Inc. (351 Rockledge Dr)
  5. Wmwft, LLC (407 Rockledge Dr)
  6. 209 Riverside LLC (209 Riverside Dr)
  7. Perry Douglas West Chartered (215 S Riverside Dr)
  8. Nanogen Power Systems LLC (215 S Riverside Dr)
  9. Telephus Technologies, LLC (215 S Riverside Dr)
  10. Voicelift, Inc. (215 S Riverside Dr)
  11. Coquina Village Side, Inc. (7 Oak St)

Sales History

DateSold BySold ToDeed TypePrice
02/22/2005 Seller: 92419 Buyer: 92419 Quit Claim 100.00

Brevard County Real Estate - Rockledge

Rockledge is in East Central Florida. It's population as recorded in the 2010 Census was 24,926. Rockledge is approximately 42 miles from Orlando (population 238,300) and around 21 miles from Palm Bay (population 103,190).

The median age for residents of Rockledge is 44.2. Around 29.3% of Rockledge households include school aged children and 29.9% of households include individuals aged 65 years or over. Census records indicate 78.6% of the Rockledge population are White, 14.4% are Black or African American, .3% American Indian, 2.4% Asian and 2.6% are Two or more Races.

There are 11,240 housing units in Rockledge. 1,016 (9%) of these were reported as vacant in the 2010 Census. There are 2,464 residential rental units in Rockledge. 2,200 of them were occupied in 2010 providing a residential rental vacancy rate of 10.6%.

Rockledge links:

Local Household Income

The median household income in this part of Florida is $64,047. The bottom 10% of the population earn less than $21,382 per year. The top 10% earn more than $142,553 per year. The top 1% earn more than $397,861 per year. Most renters earn between $29,568 (20th percentile) and $53,724 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $895. Most renters earn between $2,464 and $4,477 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $649 (20th percentile) to $1,268 (80th percentile) range. The residential vacancy rate is 10%.

Estimated Value: 227 Rockledge Dr

Market Data

In 2013 class A mixed use - store and office or store and residential or residential combination properties in Rockledge sold for $556.34 to 556.34 per sq ft with a median price per sq ft of $556.34. Class B properties sold for $556.35 to 556.33 per sq ft with a median of $556.34 and class C properties sold for $556.34 to 556.34 per sq ft with a median of $556.34.

Market Valuation

227 Rockledge Dr appears to be a B Class property. Suggested value: $3,511,618

HighMedianLow
Value3,511,555 3,511,618 3,511,681

Income Valuation - Triple Net Lease

Visulate estimates the income value of this property is $1,086,943. Details of how we produced this estimate value appear below:

The following table shows a income valuation estimate for 227 Rockledge Dr. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Net lease values for maintenance, property tax, utilities and insurance shown below are calculated as a percentage of the full amount based on the vacancy percentage.

Amount
Monthly Rent7,206
Annual Rent per Sq Ft13.70
Gross Annual Rent86,474
Vacancies and Bad Debt7%
Vacancies and Bad Debt Amount6,226
Maintenance236
HOA, Utilities and CAM0
Property Taxes275
Insurance441
Management Fees3,210
NOI76,086
Cap Rate7
Estimated Value1,086,943
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Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.