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$800,000
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Property Description
Don't miss this rare value-add opportunity in the heart of Rockledge. This offering combines residual income with exceptional development potential, making it ideal for businesses that may require high visibility, ample yard storage, or customizable space - all while benefiting from prominent retail exposure and generous parking. Features include .76-acre parcel with a meticulously maintained 4,050 SF building, 24 parking spots, gutters, hurricane shutters, new landscaping, 38,570 AADT, 65% leased with a 1,449 sf unit available for an owner-occupant or new Tenant. The vacant unit offers open floorplan with double front entry doors and abundant natural light, 2 rear access doors, a large back room equipped with cabinetry/sink area, sizable bathroom (ADA), and showroom style lighting. Additionally the property has vacant lot area ready for Value-add development +/- .44 acres. Zoning would allow enclosed/open storage yard and other various developments. See OM for lease details.
Full Property Details
Full Property Details for 986 Hwy 1
General
- Sold For: $800,000
- Taxes: $4,174 (2024)
- Status: Closed
- Type: Retail
- Source: BrevardCounty
- MLS ID: 1048420
Property History
- 986 Hwy 1, Rockledge, FL
- Sold $800,000 on 1/16/26
- Listed $890,000 on 6/8/25
Rental Information
- Complex Features: Storage, Outside Storage, Rear Access, Showroom
Rooms
Bathrooms
- Total Bathrooms: 3
Parking
- Parking Features: Parking Lot
Location
- Area: 213 - Mainland E of US 1
- County: Brevard
- Subdivision: None
- Driving Directions: From SR-520, head South on US-1 to 984 Rockledge Blvd on your left.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
Utilities
- Sewer: Private Sewer, Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Water Connected, Separate Electric Meters
Structural Information
- Exterior Const.: Block, Concrete, Stucco
- Roof: Membrane, Metal, Mansard
- Stories/Levels: 1
- Square Feet: 4,050
- Sq. Ft. Source: Appraiser
- Living Area: 4,050 Sq. Ft.
- Current Bldg. Use: Retail
- Year Built: 1967
Unit Information
- Units in Building: 34
Lot Features
- Lot Size (Acres): 0.76
- Lot Size (Sq. Ft.): 33,105.6
- Lot Features: Cleared, Easement Access, Other
Financial Considerations
- Price Per Sq. Ft.: $219.75
- Tax Amount: $4,174.03
- Tax Year: 2024
- Terms: Cash, Conventional, Owner May Carry, Private Financing Available, Other
- Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, Roof Maintenance, Trash Collection
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 24-36-33-00-00762.0-0000.00
Listed by Realty World Curri Properties
Sold by Sands Realty
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Schools
Schools serving 986 Hwy 1
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Tropical Elementary School, Merritt Island, FL 885 South Courtenay Parkway, Merritt Island, FL 32952 | K-6 | 2 mi |
Ronald Mcnair Magnet Middle School 1 Challenger Drive, Rockledge, FL 32955 | 7-8 | 0.5 mi |
Rockledge Senior High School 220 Raider Road, Rockledge, FL 32955 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
986 Highway 1, Rockledge, FL 32955 (MLS# 1048420) is a Retail property that was sold at $800,000 on January 16, 2026. Want to learn more about 986 Highway 1? Do you have questions about finding other Retail real estate for sale in Rockledge? You can browse all Rockledge real estate or contact a Coldwell Banker agent to request more information.

