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Listed price in listed location currency (USD).
$1,850,000

10102

MLS® 1069215

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 4185 sqft
Garage Yes
Taxes $16,970
Days Active 40
Lot Size 0.5 acres
Approx. Age 1958
Avg. Price Per Sqft $442
MLS® Number 1069215

Property Address: 2179 Pineapple Ave, Melbourne, FL, 32935-6634

Average square foot calculated using Size range provided by listing agent.

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
MLS® Number1069215
Laundry Level
Central VacNo
FireplaceNo
Acreage0.5
Exterior
GarageYes
Approx. Age1958
Basement
DrivewayAssigned
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 12, 2026List Date
$1,850,000List Price
  • Commute

Commute

Starting Address
Destination Address
2179 Pineapple Ave, Melbourne, FL

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