$10,000
closing credit¹
1832-1838 Pineapple Ave Melbourne, FL 32935
Property details
About 1832-1838 Pineapple Ave
This is a rare opportunity to own 11 units in the sought-after Eau Gallie Arts District at the Libbyan Apartments.Built in 1925/1964, this historic property has been completely renovated, preserving its old-world charm while modernizing its amenities.Six of the 11 units have been fully updated, offering an excellent opportunity for a new owner to renovate the remaining five units and increase rents. The property requires minimal maintenance, featuring artificial grass throughout the grounds.The unit mix is highly attractive, consisting of six one-bedroom, one-bath units,two studios, and three two-bedroom, one-bath units.Currently, the property generates a gross income of $170,460, with one unit vacant. Significant upgrades have already been completed to the property (see list). This is your chance to capitalize on a unique investment in a vibrant, up-and-coming area. Don't miss out on owning a fantastic asset with both historical significance and modern comforts.
Highlights
Virtual tour
Summary
- MLS Number: 1016048
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: David Curri Real Estate Group
- Office Phone: (321) 604-3403
- Office Email: david@waterfrontbrevard.com
- Listing Agent: Olliver Nils Leroy Rodeblad Lowe, David Curri
Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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Last updated on: 2/1/2025, 10:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,790,000
1832-1838 Pineapple Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
6
Harbor City Elementary School
Public District PK-6
1.2 mi
•1377 Sarno Rd
3
Dr. W. J. Creel Elementary School
Public District PK-6
1.5 mi
•2000 Glenwood Dr
4
Croton Elementary School
Public District PK-6
1.8 mi
•1449 Croton Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,068. Residents of Melbourne, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
Symphony or Opera
PGA/LPGA
Where do the neighbors shop?
Chico's
Dillards
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Boston Market
Cracker Barrel
What do the neighbors drive?
Oldsmobile
Volvo
Buick
What do the neighbors listen to?
News
Talk/Personality
Soft Adult Contemporary
This home is located at 1832-1838 Pineapple Ave in Melbourne, FL and zip code 32935 in the Eau Gallie neighborhood. This 8,324 square foot home, which was built in 1925, sits on a 0.40 acre lot. Features: 6 bedrooms, 0 bathroom. It has been listed on Rocket Homes since June 6, 2024 and is currently priced at $1,790,000.
Melbourne, FL housing market in January 2025 saw over 15 listings sold above listed price, more than 42 sold at listed price and over 120 sold below. In January 2025 in Melbourne, FL there were 9.3% more homes for sale than in December. The median list price of listings available in January 2025 was $416,799, while the average time on the real estate market was 59 days.