1832-1838 Pineapple Avenue

Melbourne, FL 32935

$1,890,000
Price
—
Beds
8,324 Sq. Ft.
$227 / Sq. Ft.
8,324
Sq. Ft.
$227
per Sq. Ft.

Description

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...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.
  1. Listed by Olliver Nils Leroy Rodeblad Lowe • David Curri Real Estate Group
  2. Listed by David Curri • David Curri Real Estate Group

Property Details for 1832-1838 Pineapple Avenue

Directions
Going north in pineapple turn left on to Aurora and then the first right in to the alley, property is located on your right.
LISTING UPDATED: 11/13/2024 05:18 AM

Property Details for 1832-1838 Pineapple Avenue

StatusActive
MLS #1016048
Days on Market171
Taxes$14,484 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1925
Lot Size0.40 AC / 17,424 SF
CountyBrevard County

Building Information for 1832-1838 Pineapple Avenue

Stories-Residences11Year Built1925Building Size-Lot Size0.40 AC / 17,424 SF

Property Information for 1832-1838 Pineapple Avenue

Summary
Location and General Information
  • City: Melbourne
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.136706
  • Geo Lon: -80.629652
  • Absolute Longitude: 80.629652
  • Schools: Elementary School: Creel
  • Schools: Middle School: Johnson
  • Schools: High School: Eau Gallie
  • General County Loc: South
Taxes and HOA Information
  • Taxes: $14,484.00
  • Tax Year: 2023
  • Tax Acct: 2717082
Parking
  • Parking Spaces: 14.0
  • Parking: Assigned
Property
Lot Information
  • SqFt - Living: 8324.0
  • SqFt - Total: 8971.0
  • Lot SqFt: 17424.0
  • Year Built: 1925
  • Picture Count: 41
  • Acreage: 0.4
  • Current Adjacent Use: Multi-Family
Property and Assessments
  • Construction: Block, Frame, Stucco
  • Docs on File: 0
  • Res Sub-Type: LLC
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: B
  • Sub Type: Multi Family
  • To Be Constructed: No
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
  • Utilities: Other
Owner Name
  • Owner Name: LIBBYAN LLC
Interior and Exterior Features
Exterior Features
  • Roof: Membrane, Shingle
  • Total Floors in Bldg: 2
  • # of Units: 11
  • Buildings: 2
  • Flooring: Tile,Vinyl,Wood
Interior Features
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heat: Central, Separate Meters, Varies by Unit
Multi Family
Multi-Family Information
  • Unit 1 Details: Actual Rent: 1410.0
  • Unit 1 Details: Beds Total: 1.0
  • Unit 1 Details: Furnished: Unfurnished
  • Unit 1 Details: Unit ID: 1
  • Unit 1 Details: Unit Remarks: SqFt estimated
  • Unit 1 Details: Unit SqFt: 550.0
  • Unit 2 Details: Actual Rent: 1350.0
  • Unit 2 Details: Beds Total: 0.0
  • Unit 2 Details: Furnished: Unfurnished
  • Unit 2 Details: Unit ID: 2
  • Unit 2 Details: Unit Remarks: Studio, SqFt estimated
  • Unit 2 Details: Unit SqFt: 550.0
  • Unit 3 Details: Actual Rent: 1125.0
  • Unit 3 Details: Beds Total: 1.0
  • Unit 3 Details: Furnished: Unfurnished
  • Unit 3 Details: Unit ID: 3
  • Unit 3 Details: Unit Remarks: SqFt estimated
  • Unit 3 Details: Unit SqFt: 700.0
  • Unit 4 Details: Actual Rent: 1585.0
  • Unit 4 Details: Beds Total: 1.0
  • Unit 4 Details: Furnished: Unfurnished
  • Unit 4 Details: Unit ID: 4
  • Unit 4 Details: Unit Remarks: Sqft Estimated
  • Unit 4 Details: Unit SqFt: 750.0
  • Unit 5 Details: Actual Rent: 1200.0
  • Unit 5 Details: Beds Total: 1.0
  • Unit 5 Details: Furnished: Unfurnished
  • Unit 5 Details: Unit ID: 5
  • Unit 5 Details: Unit Remarks: Sqft Estimated
  • Unit 5 Details: Unit SqFt: 550.0
  • Unit 6 Details: Actual Rent: 1100.0
  • Unit 6 Details: Beds Total: 0.0
  • Unit 6 Details: Furnished: Unfurnished
  • Unit 6 Details: Unit ID: 6
  • Unit 6 Details: Unit Remarks: Studio, Sqft estimated
  • Unit 6 Details: Unit SqFt: 550.0
  • Unit 7 Details: Actual Rent: 1535.0
  • Unit 7 Details: Beds Total: 1.0
  • Unit 7 Details: Furnished: Unfurnished
  • Unit 7 Details: Unit ID: 7
  • Unit 7 Details: Unit Remarks: Sqft Estimated
  • Unit 7 Details: Unit SqFt: 700.0
  • Unit 8 Details: Actual Rent: 1125.0
  • Unit 8 Details: Beds Total: 1.0
  • Unit 8 Details: Furnished: Unfurnished
  • Unit 8 Details: Unit ID: 8
  • Unit 8 Details: Unit Remarks: Sqft Estimated
  • Unit 8 Details: Unit SqFt: 750.0
Agent
Sale and Listing
  • Cumulative DOM: 160
  • Days On Market: 160
  • Possession: Close Of Escrow

Property History for 1832-1838 Pineapple Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1832-1838 Pineapple Avenue

This home is within Brevard Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Dr. W.J. Creel Elementary School
PublicPK to 6

Lyndon B. Johnson Middle School
Public7 to 8

Eau Gallie High School
Public9 to 12

Westshore Junior/Senior High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1832-1838 Pineapple Avenue is a multi-family home for sale in Melbourne, FL 32935. This property was listed for sale on June 6, 2024 by David Curri Real Estate Group, it's currently listed at $1,890,000. This listing's school district is Brevard Public Schools. Nearby schools include Dr. W.J. Creel Elementary School, Lyndon B. Johnson Middle School and Eau Gallie High School. 1832-1838 Pineapple Avenue is a 0-bed, 0-bath, 8,324 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of David Curri Real Estate Group, Olliver Nils Leroy Rodeblad Lowe; David Curri Real Estate Group, David Curri

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/13/2024 05:18 AM