$145,000
●
Condo -
Off Market
1880 Murrell Road #24
Rockledge, FL 32955
2 Beds
1 Bath,
1
Half Bath
1,200 Ft²
$1,088
Est. Monthly
$300
HOA / Fees
13.99%
Cap Rate
About This Property
2 bedroom condo in Rockledge is ready for new owners to make it
their home.
Freshly painted, this unit features a generous layout. The kitchen leads out to a covered patio. Two large bedrooms upstairs have been freshly painted and are situated around an upstairs laundry room.
Freshly painted, this unit features a generous layout. The kitchen leads out to a covered patio. Two large bedrooms upstairs have been freshly painted and are situated around an upstairs laundry room.
Unit Size
1,200 Ft²
Days on Market
78 days
Land Size
0.07 acres
Price per sqft
$125
Property Type
Condo
Property Taxes
$51
HOA Dues
$300
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (Space Coast MLS #1024876)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Blue Marlin Real Estate | $150,000 | |
| Listed by Blue Marlin Real Estate | |||
| Jul 21, 2017 | Sold | ||
| Sold | |||
| Feb 20, 2017 | Listed by Edita Realty, Inc. | $84,900 | |
| Listed by Edita Realty, Inc. | |||
   | |||
|
Rockledge Condo, in safe, convenient location. New paint, A/C handler, carpet. Super clean with low utility bills and HOA dues. Upstairs laundry and bedrooms with full bath. Screened porch off kitchen.
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Dishwasher, Electric Range, Refrigerator
Exterior Details
Has Property Attached
Square Footage: 1200
Square Footage Source: $0
Year Built: 1985
Construction Materials: Block, Stucco
Lot Features: Other
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Lot Size Square Feet: 3049
Water Source: Public
Financial Details
Tax Annual Amount: $617
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA Fee: $300
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/07/2025
|
2 Bed
|
1 Bath
|
1200 ft²
|
$180,000
2 Bed
1 Bath
1200 ft²
|
$170,000
-5.56%
07/23/2025
|
Melissa Norcross
Space Coast Realty & Inv. LLC
| |
|
09/11/2024
|
2 Bed
|
1 Bath
|
1200 ft²
|
$150,000
2 Bed
1 Bath
1200 ft²
|
$145,000
-3.33%
12/19/2024
|
Samantha Gibbs
Blue Marlin Real Estate
| |
|
01/19/2024
|
2 Bed
|
1 Bath
|
1200 ft²
|
$165,000
2 Bed
1 Bath
1200 ft²
|
$165,000
04/09/2025
|
Jarrett West
EXIT REALTY MAGIC CITY LLC
| |
|
02/01/2023
|
2 Bed
|
1 Bath
|
1200 ft²
|
$160,000
2 Bed
1 Bath
1200 ft²
|
$160,000
03/10/2023
|
Leah Abston
Blue Marlin Real Estate
| |
|
07/16/2022
|
2 Bed
|
1 Bath
|
1200 ft²
|
$145,000
2 Bed
1 Bath
1200 ft²
|
$137,500
-5.17%
09/23/2022
|
Cara Mattingly
Florida Homes Realty & Mortgage
| |
|
01/19/2022
|
2 Bed
|
1 Bath
|
1230 ft²
|
$165,000
2 Bed
1 Bath
1230 ft²
|
$165,000
02/15/2022
|
Pamela Vanderveer
Vanderveer Properties
| |
|
11/17/2021
|
2 Bed
|
1 Bath
|
1200 ft²
|
$139,900
2 Bed
1 Bath
1200 ft²
|
$133,000
-4.93%
12/03/2021
|
Kimberly Fobert
Space Coast Realty & Inv. LLC
| |
|
07/29/2021
|
2 Bed
|
1 Bath
|
1200 ft²
|
$120,000
2 Bed
1 Bath
1200 ft²
|
$115,000
-4.17%
08/17/2021
|
Patricia Teachman
RE/MAX Elite
| |
|
09/01/2020
|
2 Bed
|
1 Bath
|
1200 ft²
|
$118,900
2 Bed
1 Bath
1200 ft²
|
$110,000
-7.49%
12/14/2020
|
Anna-May Smith
RE/MAX Aerospace Realty
| |
|
05/21/2020
|
2 Bed
|
1 Bath
|
1200 ft²
|
$101,850
2 Bed
1 Bath
1200 ft²
|
$100,925
-0.91%
06/30/2020
|
Nancy Janette Taylor
The Keyes Company - Stuart
| |
|
02/03/2020
|
2 Bed
|
1 Bath
|
1200 ft²
|
$97,500
2 Bed
1 Bath
1200 ft²
|
$93,000
-4.62%
04/27/2020
|
Vincent Keenan
Vincent Keenan, REALTORS
| |
|
11/26/2018
|
2 Bed
|
1 Bath
|
1200 ft²
|
$109,000
2 Bed
1 Bath
1200 ft²
|
$95,000
-12.84%
01/18/2019
|
Nancy Quinn
Travis Realty Group
| |
|
06/08/2018
| |
2 Bed
|
2 Bath
|
1200 ft²
|
-
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
|
06/12/2018
|
2 Bed
|
2 Bath
|
1200 ft²
|
$94,000
2 Bed
2 Bath
1200 ft²
|
$96,000
+2.13%
07/13/2018
|
Lee Romano
Keller Williams Space Coast
| |
|
10/11/2017
|
2 Bed
|
1 Bath
|
1200 ft²
|
$76,900
2 Bed
1 Bath
1200 ft²
|
$68,000
-11.57%
11/03/2017
|
Rhiannon Dias
Drop Anchor Realty LLC
| |
|
04/02/2017
|
2 Bed
|
1 Bath
|
1200 ft²
|
$81,900
2 Bed
1 Bath
1200 ft²
|
$78,000
-4.76%
06/01/2017
|
Patricia Vidal
LoKation
| |
|
02/20/2017
|
2 Bed
|
1 Bath
|
1200 ft²
|
$84,900
2 Bed
1 Bath
1200 ft²
|
$81,000
-4.59%
07/21/2017
|
Ralph McCoig
Edita Realty, Inc.
| |
|
09/16/2016
|
2 Bed
|
1 Bath
|
1200 ft²
|
$89,900
2 Bed
1 Bath
1200 ft²
|
$82,000
-8.79%
01/30/2017
|
Jordan Shockey
RE/MAX Aerospace Realty
| |
|
08/27/2016
|
2 Bed
|
1 Bath
|
1200 ft²
|
$83,500
2 Bed
1 Bath
1200 ft²
|
$75,000
-10.18%
06/13/2018
|
Charlotte Graney
Coldwell Banker Res. R.E. LLC
| |
|
05/27/2015
|
2 Bed
|
2 Bath
|
-
|
$50,880
2 Bed
2 Bath
|
$48,369
-4.94%
08/19/2015
|
Stephanie McCall
RealHome Services and Solutions Inc.
| |
|
08/23/2013
|
2 Bed
|
2 Bath
|
-
|
$55,000
2 Bed
2 Bath
|
$48,250
-12.27%
09/18/2013
|
Lisa Baldwin
Coldwell Banker Residential RE
| |
|
05/15/2012
|
2 Bed
|
2 Bath
|
-
|
$40,000
2 Bed
2 Bath
|
$37,800
-5.50%
09/21/2012
|
Debbie Gaffney
Smart Choices Realty
|
Building Info
About Rockledge
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Listed by: Samantha Alexis Gibbs, Blue Marlin Real Estate
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1024876
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1024876
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