Price Reduction - Waterfront - Seller Financing
Address
2179 Pineapple Avenue, Melbourne, FL
Price
$ 1,800,000
Property Attributes
  • MLS#982065
  • TypeMulti-Family
  • CountyBREVARD
  • CityMelbourne
  • AreaEau Gallie
  • Zip32935
  • StyleMulti Family
  • Year Built1958
  • Taxes$ 17705
  • Price$ 1,800,000
  • Bedrooms10
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage4185
  • Lot Size0.5 Acres
Data Source:
Space Coast AOR
Property Description

Price Reduced! Imagine living on the water, sipping coffee while the sun rises and manatees swim by. This property offers that possibility! Come see your multifamily 8-unit, RIVERFRONT property located in Eau Gallie, Florida on the Indian River Lagoon. Separated into 4 buildings, the property consists of (6) studios, (1) 1 bed/bath, and a 3/2.5 bath main house. The main house has incredible river views with a large deck and sitting area, great for relaxing or entertaining. From your private dock, you and your guests can enjoy fishing or launching kayaks from the tranquil Indian River Lagoon. Want more? Your property is just a short distance from the Historic Eau Gallie Art District where you can enjoy shopping, dining, and entertainment. House has new Roof and new 2 HVACs!! New Sewer! Seller Financing!

Elementary School Middle School High School
Creel Elementary School Johnson Middle School Eau Gallie High School
Price History
12/8/2023 Listed $1,900,000
6/4/2024 6% - $1,800,000

General Features

Sewer Public Sewer
Heating Central,Other
Cooling Electric,Multi Units,Wall/Window Unit(s)
Utilities Cable Available,Electricity Connected
Roof Shingle
Appliances Electric Range,Refrigerator
Garage Spaces 3.0
Pool Features None
Construction Materials Block,Concrete,Frame,Wood Siding
Year Built 1958
Levels Two
Property SubType Multi Family
Tax Year 2023
Current Use Commercial,Investment,Multi-Family
OwnerPays Electricity,Sewer,Taxes,Water,Other
Waterfront Features River Front
Additional Parcels Description 2716968
County Brevard
Net Operating Income 97542.03
Operating Expense 62045.97
New Construction No
Property Type Residential Income
Association Amenities Boat Dock
HOA / Comm Assn No
Attached Garage Yes
Garage Y/N Yes
Status Active
Directions East from 1-95,North on Pineapple Ave
High School Eau Gallie
City Melbourne
Body of Water Indian River
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 8
MLS Area 323 - Eau Gallie
Lot Size Units Acres
Lot Size Square Feet 21780.0
Waterfront Y/N Yes
Carport Y/N No
Elementary School Creel
Tax Annual Amount 17705.3
Home Warranty Y/N No
Middle/Junior High School Johnson
Lease Renewal Y/N No
MLS Area Minor 323 - Eau Gallie
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/spc/982065
Standard Status Active
MobileHomeRemainsYN No
Legal Description EAU GALLIE,VILLAGE PLAT OF LOT 22 BLK A EXC RD R/W

Interior Features

Flooring Laminate,Tile,Wood
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 2
Total Bedrooms 10
Electric On Property Y/N No
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Parking Features Attached,Detached
Water Source Public,Well
Lot Size Area 0.5
Spa No
Building Area Total 4953.0
Lot Size Acres 0.5
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 32935

Price
AVG $960K
$1.8M
Taxes
AVG $8,293
$17,705
Visits
AVG 136
268
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1958