USAFLMelbourneEau Gallie Village Plat of2179 Pineapple Ave
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2179 Pineapple Ave, Melbourne, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,900,000

010

MLS® 1068578

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size 4185 sqft
Garage No
HOA Fees 
Taxes $16,970
Days Active 2
Approx. Age 1958
Avg. Price Per Sqft $454
MLS® Number 1068578

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® Number1068578
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1958
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building & Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$1,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
2179 Pineapple Ave, Melbourne, FL

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