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2179 Pineapple Avenue
Melbourne FL 32935 US

$1,900,000

Active Listing ID 1068578
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1.00 Bath (1 Full)
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Lot: 0.50 Acres
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Other

$1,900,000

Active Listing ID 1068578
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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

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Property Features

  • Facts
  • Lot Size: 0.50 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 1
  • Cooling System: Wall/Window Unit(s), Multi Units, Window Unit(s), Electric
  • Roof Type: Shingle
  • Heating Fuels: Central, Electric (Heating)
  • Additional Features
  • Waterfront

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1900000
  • unparsedaddress: 2179 Pineapple Avenue
  • postalcity: Melbourne
  • stateorprovince: FL
  • country: US
  • postalcode: 32935
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.5
  • lotsizeunits: Acres
  • lotsizearea: 0.5
  • livingarea: 4185
  • livingareaunits: Square Feet
  • latitude: 28.142698
  • longitude: -80.63186
  • listagentfullname: Jason Engle
  • listagentemail: transactions@jasonengle.realtor
  • listagentkey: 3yd-SCAORFL-3088321
  • listagentmlsid: 3088321
  • listagentpreferredphone: 3215011335
  • listagentofficephone: 8554500442
  • listofficekey: 3yd-SCAORFL-spc.oreald
  • listofficemlsid: spc.oreald
  • disclaimer: Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SCAORFL
  • yearbuilt: 1958
  • listingcontractdate: 2026-02-05
  • listagenturl: https://www.onereal.com
  • countyorparish: Brevard
  • parcelnumber: 27-37-16-25-0000a.0-0022.00
  • cooling: Wall/Window Unit(s), Multi Units, Window Unit(s), Electric
  • constructionmaterials: Block, Frame, Vinyl Siding
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Assigned
  • roof: Shingle
  • waterfrontyn: True
  • franchiseaffiliation: None
  • rooms: Bathroom 1
  • utilities: Cable Available
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -80.63186, 28.142698
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Broker LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"transactions@jasonengle.realtor", "ListBrokerageCity":"Championsgate", "ListBrokerageCountry":"US", "ListBrokerageEmail":"flbroker@therealbrokerage.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Real Broker LLC", "ListBrokeragePhone":"(855) 450-0442", "ListBrokeragePostalCode":"33896", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"8291 Championsgate Blvd", "ListBrokerageWebsiteUrl":"https://www.onereal.com", "ListOfficeAddress1":"818 E New Haven Ave #103 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"spc.oreald", "ListOfficeCity":"Melbourne", "ListOfficeCountry":"USA", "ListOfficeEmail":"flbroker@therealbrokerage.com", "ListOfficePostalCode":"32901", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Melbourne, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-02-05 15:30:11", "Neighborhoods":[{"Description":null, "Name":"Eau Gallie Village Plat of"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":16970, "TaxDescription":"EAU GALLIE, VILLAGE PLAT OF LOT 22 BLK A EXC RD R/W", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/5/2026 7:15:26 PM GMT
Source Updated Date: 2/14/2026 6:53:47 PM GMT

Courtesy of: Jason Engle, Real Broker LLC, transactions@jasonengle.realtor

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.