Backup offersVideo tour
$4,631 Closing Credit¹
#1037336, Lauren VanWie, Listing Office: RE/MAX Aerospace Realty
$1,790,000 List price
1832-1838 Pineapple Ave Melbourne, FL 32935
$10,000
Closing credit¹
6 beds
8,324 sqft
0.4 acres
$215 / sqft
Multi-Family
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
Home typeMulti Family
HeatingCentral, Separate Meters, Varies By Unit
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Size8,324 sqft
Lot size0.4 Acres
Year built1925
ParkingAssigned
MLS #1016048
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 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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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. Typical income of Melbourne, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
39%
<35k
47%
35k-100k
10%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
10%
Single, with Kids
27%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
15%
18-34 yrs old
50%
35-64 yrs old
19%
65+ yrs old
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
All data provided by Home Junction and Claritas
Similar homes for sale
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.
Over 20 listings were sold over their listed price in February 2025 in Melbourne, FL. In the same period over 133 listings were sold below the listed price and 48 listings were sold for the listed price. The number of listings in Melbourne, FL increased by 10.1% between January and February 2025. While the average time on the market in February 2025 was 69 days, the median list price was $416,729.
From Rocket Homes Real Estate and based on county public records data.