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2179 Pineapple Avenue, 
Melbourne, FL 32935

$1,850,000


10

Beds


10

Baths


4,185

Sq Ft


Single Family

Active

Listed by

Jason Engle

Real Broker LLC.

MLS#

1069215

Source:

FL SPACE

About This Home

2179 Pineapple Avenue

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

Home Facts

Single Family

10 Baths

10 Bedrooms

Built in 1958

Price Summary

1,850,000

$442 per Sq. Ft.

MLS #:

1069215

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

10

Full Bathrooms:

10

Interior

Living Area:

4,185 Sq. Ft.


Structure

Structure

Building Area:

4,185 Sq. Ft.

Year Built:

1958


Lot

Lot Size (Sq. Ft):

21,780


Finances & Disclosures

Finances

Price:

$1,850,000

Price per Sq. Ft:

$442 per Sq. Ft.

Source:FL SPACE
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.