2221 Rockledge Drive
About This Property
From the moment you arrive, it's clear this home has been meticulously cared for. Inside, 3,820 square feet of light-filled living space unfolds with soaring 25-foot ceilings in the great room, multiple gathering spaces, and warm, timeless finishes throughout. Whether you're hosting holidays, quiet evenings by the fireplace, or entertaining guests, the layout flows beautifully while still offering room to retreat. The fully remodeled kitchen (2022) is both elegant and functional, with custom maple cabinetry, quartz countertops, high-end appliances, and thoughtful details that make everyday living feel elevated.
The primary suite feels like a private spa, complete with a jetted soaking tub, dual shower heads, and generous closet space. Throughout the home, upgrades like smart thermostats, custom cabinetry, wet bar, central vacuum, and a high-performance water heater (2023) add comfort and efficiency.
Step outside and the lifestyle truly comes alive. A newly resurfaced saltwater pool (2024) and spa create a resort-like atmosphere, while the screened patio invites year-round relaxation. Boaters will appreciate the rare two-level covered dock with 10,000 pound boat lift with remote (2020), jet ski lift (2022), storage, and expansive upper deck offering panoramic views from the Pineda Causeway to the Beachline.
With a newer heavy-gauge aluminum roof (2023), impact-rated windows, oversized four-car garage, detached shed, no HOA, deep water dock, and flood zone X location, this home offers peace of mind along with luxury. Just minutes from Viera shopping and dining, Cocoa Village, Port Canaveral, and top-rated schools, this is more than a home. It's your chance to live the Florida waterfront lifestyle at its finest.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 25, 2026 | In contract | - | |
| In contract | |||
| Jan 8, 2026 | Listed by Keller Williams Realty Brevard | $1,750,000 | |
| Listed by Keller Williams Realty Brevard | |||
| Oct 30, 2025 | Price Decreased |
$1,850,000
↓ $50K
(2.6%) | |
| Price Decreased | |||
| Sep 25, 2025 | Price Decreased |
$1,900,000
↓ $75K
(3.8%) | |
| Price Decreased | |||
Property Highlights
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About Cocoa-Rockledge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017