2121 Pineapple Avenue, Melbourne, FL 32935 (MLS# 979614)

2121 Pineapple Avenue, Melbourne, FL 32935

$955,000
Property Type: Residential Income Bedrooms: 4 Square Footage: 2,656 Lot Size (sq. ft.): 27,007 Status: Closed
Current Price: $955,000 List Date: 12/30/2023 Last Modified: 1/05/2026

Overview

Description

Stunning river views! This waterfront property includes (2) 1Bed/1Bath units and a 2Bed/1Bath home. All the updated units include brand new plumbing, sewer lines, and roof, plus an HVAC for the house. This riverfront property is the perfect investor find, whether looking to Airbnb/VRBO or living onsite and leasing the other two spaces for added income. This 3-unit property is centrally located on the Indian River, on the fringe of the Eau Gallie Arts District (EGAD), close to beaches, near shopping, and just a short distance to I-95.

Listing Details MLS# 979614

General Property Information

Number Of Units Total
3
Bedrooms Total
4
Living Area
2546
Living Area Source
Public Records
Building Area Total
2656
New Construction YN
No
Year Built
1957
Garage YN
No
Carport YN
Yes
Carport Spaces
2
Lot Size Acres
0.62
Lot Size Square Feet
27007
Association YN
No
Use Code
08 / THREE OR FOUR L
Water Body Access YN
No
Waterfront YN
Yes
Water Body Name
Indian River
Pool Private YN
No
List Price/SqFt
432.05
Sold Price/SqFt
375.1

Property Features

Appliances: Electric Range; Refrigerator Association Amenities: Boat Dock Construction Materials: Block; Concrete; Frame; Stucco; Wood Siding Cooling: Central Air; Wall/Window Unit(s) Current Use: Commercial; Investment; Multi-Family Flooring: Tile Heating: Central; Other Levels: One Listing Terms: Assumable; Cash; Conventional; FHA; VA Loan Owner Pays: Grounds Care; Management; Pest Control; Repairs; Sewer; Taxes; Water; Other Parking Features: Carport; RV Access/Parking Pool Features: None Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Electricity Connected; Sewer Connected Water Source: Public; Well Waterfront Features: River Front Showing Requirements: Appointment Only; Call Listing Office

Contract Information

Original List Price
1129000
Listing Contract Date
2023-11-05
Property Sub Type
Triplex

Location Tax and Legal

Street Number
2121
Street Name
Pineapple
Street Suffix
Avenue
County
Brevard
State
FL
Postal Code
32935
MLS Area Major
323 - Eau Gallie

Remarks and Miscellaneous

Public Remarks
Stunning river views! This waterfront property includes (2) 1Bed/1Bath units and a 2Bed/1Bath home. All the updated units include brand new plumbing, sewer lines, and roof, plus an HVAC for the house. This riverfront property is the perfect investor find, whether looking to Airbnb/VRBO or living onsite and leasing the other two spaces for added income. This 3-unit property is centrally located on the Indian River, on the fringe of the Eau Gallie Arts District (EGAD), close to beaches, near shopping, and just a short distance to I-95.

Status Change Information

Major Change Timestamp
2024-06-26T14:04:29Z
Major Change Type
Status Change
Price Change Timestamp
2023-11-27T15:19:14Z
Status Change Timestamp
2024-06-26
Purchase Contract Date
2024-05-21
Close Date
2024-06-25
Close Price
955000

More Information

Closing Company Details

Closing Company Address
Bella Title

DPR Eligible

DPR Eligible
No

Income and Expenses

Gross Scheduled Income
66000
Net Operating Income
33360
Operating Expense
29340

Unit 1 Details

Unit ID
A
Actual Rent
1400
Unit SqFt
600
Furnished
Furnished
Unit Remarks
None

Unit 2 Details

Unit ID
B
Actual Rent
2000
Unit SqFt
600
Furnished
Furnished
Unit Remarks
Airbnb

Unit 3 Details

Unit ID
Main House
Actual Rent
3500
Unit SqFt
1650
Furnished
Furnished
Unit Remarks
RiverFront Airbnb

Historical Information

Public Historical Remarks 3
Parking-1 Space Per Unit: Y, Number of Buildings: 2 Buildings
Listing Office: RE/MAX Solutions
Last Updated: January - 05 - 2026
Information is deemed to be reliable, but is not guaranteed.

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