Listing Address:
2179 Pineapple Avenue, Melbourne, FL 32935
Active
Click the image for more photos
Price: $1,900,000
MLS # 1069215
Property Type: Residential
4,185 Total SqFt.
Beds: 10
4,185 Living SqFt.
Baths: 10.00
Year Built: 1958
This property is Active. Please contact us for similar properties.
Property Description:
Exceptional opportunity to own a rare 8-unit riverfront multifamily in the historic Eau Gallie Arts District. Located at 2179 Pineapple Ave, this income-producing property sits directly on the Indian River, offering long-term value, steady cash flow, and lifestyle appeal. The asset features a mix of long-term tenants and short-term rentals, allowing flexibility to optimize income while diversifying risk. All roofs have been replaced, and the main house HVAC system has been recently updated, reducing near-term capital expenditure concerns. Waterfront units and STR components benefit from strong rental demand driven by river views, sunsets, and proximity to downtown Eau Gallie, galleries, dining, and events. Ideal for investors seeking a stabilized asset with upside through rent optimization, STR expansion, or future appreciation in one of the Space Coast's most walkable and culturally vibrant corridors. A rare combination of location, condition, and income potential on the Indian River
Property Listing Details for 2179 Pineapple Avenue, Melbourne, FL 32935
Exterior Features
Interior Features
Equipment / Appliances
Pool
Pool Description
Utilities
Cable Available , Electricity Connected , Sewer Connected , Water Connected
Additional Rooms
None
Waterfront
Yes
Water Type
Parking
Assigned
Split Floorplan
HOA
HOA Dues
0.00
Construction
Block , Frame , Vinyl Siding
Floor
Exterior Finish
Roof Type
Shingle
Fireplace
0
County
Brevard
Gated Community
Furnishings
Furnished
Home Warranty
Tax Year
2025
Tax Amount
16970.00
55+ Community
Subdivision
Listing Status
Active
Property Status
Home Style
Home View
Street
2179 Pineapple Avenue, Melbourne, 32935
Zip Code
D. Basile Real Estate, LLC lists and sells Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard.
This listing is courtesy of Real Broker LLC. Property Listing Data contained within the D Basile Real Estate website is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
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