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For SaleCondominium
$255K
1025 Rockledge Drive #502a, Rockledge, FL 32955
Rockledge Waterfront neighborhood
Subdivision: Rockledge Park No 1
2
Bedrooms
2
Bathrooms
1,051
Sq Ft
1974
Year Built
$243 /sqft

About This Property

Description from listing agent

Priced to sell! The best valued, updated, unit in the area! Beautifully renovated, move-in ready riverfront condo in the heart of Rockledge. The updated kitchen features new countertops and new appliances, complemented by fully remodeled bathrooms and new tile flooring throughout with a sound-reducing membrane installed underneath. Interior improvements include new interior doors, new closet doors, and custom built-in shelving in the closets. River-facing built-in storm shutters provide added protection and peace of mind. Additional upgrades include a newer A/C system and water heater. Enjoy direct riverfront living with scenic views and the convenience of being within walking distance to Cocoa Village's dining, shopping, and entertainment. Free boat slips available!

Space Coast Context

🚀 Launch Viewing — Great Views

17.9 mi from SLC-40

17.9 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
KSC13.3 mi~30 min
Boeing/KSC13.4 mi~30 min
SpaceX13.8 mi~31 min
Lockheed14.2 mi~32 min
Blue Origin14.5 mi~32 min
Northrop15.3 mi~34 min
L3Harris17 mi~38 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 7/9/26
    Price change
    $255K -3.8%
    $243/sqft
  • 6/27/26
    Price change
    $265K -3.6%
    $252/sqft
  • 6/14/26
    Price change
    $275K -1.4%
    $262/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
5.6% below market
Median comparable close price: $270,000
Typical Offer Discount
90.0% of list price
At that rate, a competitive offer ≈ $229,500
Price Reductions
3 reductions
Originally listed at $275,000 · Cut $24,000 total
See & adjust the 1 comparable sale used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.05 acres (2,178 sqft)
Full Baths
2
Stories
5
HOA Fee
$706.5/mo
Waterfront
Indian River
Days on Market
56
MLS Area
213 - Mainland E of US 1

Community & HOA

HOA

  • Name: Indian River Club - www.indianriverclub.org
  • Fee: $706.5 / monthly

Schools

Elementary

Tropical

Middle School

McNair

High School

Rockledge

Financial & Listing Details

Listed
May 27, 2026
Parcel #
25-36-03-51-00000.0-0002.54
$255K

Listing Agent (for property info)

D
Dillon Bout
Blue Marlin Real Estate
321-458-5673
Call Listing Agent

Estimated Monthly Payment

$2,455/mo
Principal & interest
$1,344
Property taxes
$255
Insurance & HOA
$857

Based on a 6.90% rate, 30-year loan, and $255K price — down payment shown: $51,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1078365

Interested in this property?

Equal Housing Opportunity

MLS# 1078365 · Listing Broker: Blue Marlin Real Estate · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.