$132,000
●
Condo -
Off Market
3225 Murrell Road #12
Rockledge, FL 32955
2 Beds
1 Bath
864 Ft²
$1,101
Est. Monthly
$340
HOA / Fees
9.94%
Cap Rate
About This Property
This charming ground-floor, two-bedroom, one-bath condominium is
designed for easy accessibility. It currently features a
handicap ramp leading to front door, and with minor adjustments,
the back patio and laundry room can also be made accessible.
The unit offers natural gas and a serene quiet view of a
natural setting from the screened lanai. The spacious family
room boasts vaulted ceilings and an open kitchen, creating a a
welcoming atmosphere. Conveniently located near shopping,
Florida's sunny beaches and just 45 minutes to Orlando and theme
parks, this condo is perfect as a primary residence or a lucrative
investment property with strong ROI potential. HOA covers
roofs, ground maintenance, city water, sewer, entry doors and
insurance.
Unit Size
864 Ft²
Days on Market
21 days
Land Size
0.07 acres
Price per sqft
$171
Property Type
Condo
Property Taxes
$34
HOA Dues
$340
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: 10 months ago (Space Coast MLS #1033405)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Jan 5, 2025 | Listed by ZOOM Realty Group LLC | $148,000 | |
| Listed by ZOOM Realty Group LLC | |||
| Nov 30, 2015 | Sold | ||
| Sold | |||
| Sep 24, 2015 | Listed by Waterman Real Estate, Inc. | $49,500 | |
| Listed by Waterman Real Estate, Inc. | |||
   | |||
|
Come see this very charming recently renovated condo with gas appliances, outside patio and laundry room. This condo is located on ground floor directly adjacent to assigned two parking spaces for easy access. Conveniently located close to shopping and public transportation. Condo fees include cable, water/sewer, trash, lawn care, and outside maintenance including roof.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Additional Parking, Off Street
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar, Ceiling Fan(s), Smart Thermostat
Appliances: Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Washer
Flooring Type: Tile
Laundry Features: Gas Dryer Hookup, Washer Hookup
Exterior Details
Has Property Attached
Square Footage: 864
Square Footage Source: $0
Security Features: Smoke Detector(s)
Architectural Style: Villa
Year Built: 1984
Levels: One
Construction Materials: Block, Stucco
Patio and Porch Features: Patio, Rear Porch, Screened
Lot Features: Dead End Street
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: $403
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Pest Control, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Maintenance Grounds, Maintenance Structure, Water
HOA Fee: $340
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 |
|---|---|---|---|---|---|---|---|
|
01/06/2026
|
2 Bed
|
1 Bath
|
894 ft²
|
$140,000
2 Bed
1 Bath
894 ft²
|
$132,000
-5.71%
02/17/2026
|
Marla Sommers
Charles Rutenberg Realty
| |
|
01/05/2025
|
2 Bed
|
1 Bath
|
864 ft²
|
$148,000
2 Bed
1 Bath
864 ft²
|
$132,000
-10.81%
01/27/2025
|
Matthew Boucher
Waterman Real Estate, Inc.
| |
|
03/10/2022
|
2 Bed
|
1 Bath
|
864 ft²
|
$154,900
2 Bed
1 Bath
864 ft²
|
$149,000
-3.81%
04/12/2022
|
Pamela Durkin
Coconut Properties Fl Real Est
| |
|
03/21/2017
|
2 Bed
|
1 Bath
|
894 ft²
|
$59,900
2 Bed
1 Bath
894 ft²
|
$56,000
-6.51%
04/04/2017
|
Nabil Alfeikih
Surfside Properties & Mgmt.
| |
|
03/18/2017
|
2 Bed
|
1 Bath
|
894 ft²
|
$49,500
2 Bed
1 Bath
894 ft²
|
$56,000
+13.13%
03/31/2017
|
Donna Gianotti-Kelley
Space Coast Realty & Inv. LLC
| |
|
09/24/2015
|
2 Bed
|
1 Bath
|
894 ft²
|
$49,500
2 Bed
1 Bath
894 ft²
|
$47,500
-4.04%
11/30/2015
|
Matthew Boucher
Waterman Real Estate, Inc.
| |
|
10/19/2011
|
2 Bed
|
1 Bath
|
-
|
$49,900
2 Bed
1 Bath
|
$40,000
-19.84%
10/24/2012
|
John Lakeman
Robertson Realty & Mgt., Inc.
|
Building Info
About Rockledge
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Listed by: Matthew Boucher, ZOOM Realty Group LLC
Last Updated: 10 months ago
Data Source: Space Coast MLS, MLS# 1033405
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: 10 months ago
Data Source: Space Coast MLS, MLS# 1033405
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