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
- Flooring Type: Tile,Vinyl,Wood
- Total Bedroom Count: 6
- Attached Garage: No
- Parking: Assigned
- Heating: Central, Separate Meters, Varies By Unit
- Cooling: Central Air, Wall/Window Unit(s)
- List Price: $1,790,000
- Price/SqFt: $215
- Directions: Going north in pineapple turn left on to Aurora and then the first right in to the alley, property is located on your right.
- Year Built: 1925
- Living Area: 8,324 SqFt
- Lot Size: 0.4 Acres
- MLS Number: 1016048
- Office Name: One Sotheby's International
- Office Phone: (321) 984-3135
- Office Email: mfarr@onesothebysrealty.com
- Listing Agent: Olliver Nils Leroy Rodeblad Lowe, David Curri
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Last updated on: 7/20/2025, 2:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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
2
Dr. W. J. Creel Elementary School
Public District PK-6
1.5 mi
•2000 Glenwood Dr
7
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 most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
Frequently asked questions
About 1832-1838 Pineapple Ave
The listing price of 1832-1838 Pineapple Ave property is $1,790,000.
The property 1832-1838 Pineapple Ave is a multi located in Melbourne, Florida, 32935.
Active Listing: 1832-1838 Pineapple Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1832-1838 Pineapple Ave are: Harbor City Elementary School (GreatSchools Rating 6/10), Dr. W. J. Creel Elementary School (GreatSchools Rating 2/10), Croton Elementary School (GreatSchools Rating 7/10), L. B. Johnson Middle School (GreatSchools Rating 5/10), Hoover Middle School (GreatSchools Rating 5/10), DeLaura Middle School (GreatSchools Rating 8/10), Eau Gallie High School (GreatSchools Rating 3/10), West Shore Junior/Senior High School (GreatSchools Rating 10/10), Melbourne High School (GreatSchools Rating 5/10).
The property 1832-1838 Pineapple Ave is 8,324 SqFt (source: MLS/tax record).
The year of construction for 1832-1838 Pineapple Ave is 1925.
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.
While more than 22 listings in Melbourne, FL in June 2025 were sold above asking price, there were more than 52 listings sold at asking price, and more than 187 were sold below. The number of listings in Melbourne, FL increased by 2.8% between May and June 2025. The median list price of listings available in June 2025 was $409,304, while the average time on the real estate market was 55 days.