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$1,890,000
172 Days On Site

1832-1838 Pineapple Avenue
Melbourne, FL 32935

For Sale|Multi Family|Active
6
Beds
0
Full Baths
0
Partial Baths
8,324
SqFt
$227
/SqFt
1925
Built
County:
Brevard
Call Now: (850) 757-3681
Is this the home for you? We can help make it yours.
(850) 757-3681
1832-1838 Pineapple Avenue1832-1838 Pineapple Avenue1832-1838 Pineapple Avenue1832-1838 Pineapple Avenue
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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.

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Listing Snapshot
Price 
$1,890,000
Days On Site 
172 Days
Bedrooms 
6
Inside Area (SqFt) 
8,324 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4 Acres
Year Built 
1925
MLS® Number 
1016048
Status 
Active
Property Tax 
$14,484
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoPrice changed to $1,890,000
a month agoListing updated with changes from the MLS®
6 months agoStatus changed to Active
6 months agoListing first seen on site
General Features
Acres 
0.4
Additional Property Use 
Multi-Family
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
14
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
8971
Utilities 
Other
Water Source 
Public
Interior Features
Cooling 
Central AirWall/Window Unit(s)
Flooring 
TileVinylWood
Heating 
CentralSeparate MetersVaries by Unit
Laundry Features 
Electric Dryer HookupIn UnitWasher Hookup
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Exterior Features
Construction Details 
BlockFrameStucco
Roof 
MembraneShingle
Community Features
MLS Area 
323 - Eau Gallie
Schools
School District
Unknown
Elementary School
Creel
Middle School
Johnson
High School
Eau Gallie
Listing courtesy of David Curri Real Estate Group

The data relating to real estate shown on this website comes in part from the Internet Data Exchange (IDX) program of Space Coast Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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