227 Rockledge Dr is a 6,312 sq ft Mixed use - store and office or store and residential or residential combination in Rockledge. It was built in 1909. 227 Rockledge Dr sits on 0.38 acres of land. In 2015 similar properties sold for between $310,045 and $1,104,537. We estimate the income value of 227 Rockledge Dr at $625,357. The assumptions we used to calculate this value are include in the spreadsheet linked below. Rockledge is in Brevard County, Florida.

227 Rockledge Dr Property Summary

227 Rockledge Dr
Rockledge
FL 32955

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

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

227 Rockledge Dr, Rockledge, FL 32955
Estimated Value: 227 Rockledge Dr

Market Data

In 2015 class A mixed use - store and office or store and residential or residential combination properties in Rockledge sold for $175.00 to 617.28 per sq ft with a median price per sq ft of $269.93. Class B properties sold for $49.12 to 174.99 per sq ft with a median of $85.00 and class C properties sold for $15.15 to 49.11 per sq ft with a median of $38.89.

Market Valuation

227 Rockledge Dr appears to be a B Class property. Suggested value: $536,520

HighMedianLow
Value1,104,537 536,520 310,045

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $625,357. 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.

Amount
Monthly Rent5,907
Annual Rent per Sq Ft11.23
Gross Annual Rent70,884
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount10,633
Maintenance3,282
HOA, Utilities and CAM0
Property Taxes4,661
Insurance6,123
Management Fees2,410
NOI43,775
Cap Rate7
Estimated Value625,357
Edit Values and Estimate Cashflow Estimate Cashflow
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Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $62,468. The bottom 10% of the population earn less than $20,497 per year. The top 10% earn more than $145,332 per year. The top 1% earn more than $390,929 per year. Most renters earn between $28,824 (20th percentile) and $50,820 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $124,936 and $156,170.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $871. Most renters earn between $2,402 and $4,235 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $635 (20th percentile) to $1,227 (80th percentile) range. The residential vacancy rate is 10%.

Links

  1. 227 Rockledge Dr, Rockledge, FL on Google Maps
  2. 227 Rockledge Dr Walkscore
  3. Rockledge, FL Property Values on Trulia
  4. Search for EPA and DEP Cleanup Sites

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. Organized Fishermen Of Florida, Inc. (225 Rockledge Dr)
  2. Cameron Industries, LLC (227 Rockledge Dr)
  3. Oleander Pointe Condominium Association, Inc. (100102104 Riverside Dr)
  4. Coquina Village Side, Inc. (7 Oak St)
  5. Terri Does Everything, Inc. (25 Sutton St)
  6. J. D. Johnson, Inc. (23 Sutton)
  7. Cocovee, LLC (351 Rockledge Dr)
  8. Maverick Charters, Inc. (351 Rockledge Dr)
  9. 209 Riverside LLC (209 Riverside Dr)
  10. Telephus Technologies, LLC (215 S Riverside Dr)
  11. Voicelift, Inc. (215 S Riverside Dr)
  12. Moringa Reserve LLC (215 S Riverside Dr)
  13. Perry Douglas West Chartered (215 S Riverside Dr)
  14. Nanogen Power Systems LLC (215 S Riverside Dr)

Sales History

DateSold BySold ToDeed TypePrice
02/22/2005 Seller: 92419 Buyer: 92419 Quit Claim 100.00
01/01/2014 Seller: 92419 Buyer: 92419 Unknown 100.00
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.

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