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$1,400,000

  • Sold
  • Closed
  • Multi-Family
  • 11 Units
  • 0.4 Acres
See This Home
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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.

Full Property Details for 1832-1838 Pineapple Ave

General

  • Sold For: $1,400,000
  • Taxes: $14,484 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: BrevardCounty
  • MLS ID: 1016048
  • Added to Site: 589 day(s) ago

Interior

  • Flooring: Tile, Vinyl, Wood

Rooms

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup

Parking

  • Total Spaces: 14
  • Parking Features: Assigned

Location

  • Area: 323 - Eau Gallie
  • County: Brevard
  • Driving 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.

School Information

  • Elementary School: Creel
  • Middle School: Johnson
  • High School: Eau Gallie

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Separate Meters, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Other

Structural Information

  • # Buildings: 2
  • Exterior Const.: Block, Frame, Stucco
  • Roof: Membrane, Shingle
  • Stories/Levels: 2
  • Square Feet: 8,324
  • Living Area: 8,324 Sq. Ft.
  • Current Bldg. Use: Multi-Family
  • Year Built: 1925

Unit Information

  • Units in Building: 11

Lot Features

  • Lot Size (Acres): 0.4
  • Lot Size (Sq. Ft.): 17,424

Financial Considerations

  • Price Per Sq. Ft.: $215.04
  • Tax Amount: $14,484
  • Tax Year: 2023
  • Owner Pays: Gas, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • Special Conditions: Standard

Listed by One Sotheby's International
Sold by La Rosa Realty LLC

Listing agents

— 1832-1838 Pineapple Ave —

  • One Sotheby's International

  • One Sotheby's International

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 1832-1838 Pineapple Ave

Date
Details
Price
Change
Source
9/09/2025
Sold
$1,400,000
-21.79%
MLS
12/16/2024
Price Reduced
$1,790,000
-5.29%
MLS
10/15/2024
Price Reduced
$1,890,000
-5.5%
MLS
7/17/2024
Price Reduced
$1,999,999
-4.76%
MLS
7/02/2024
Price Reduced
$2,100,000
-10.64%
MLS
6/06/2024
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by One Sotheby's International
Sold by La Rosa Realty LLC

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1832-1838 Pineapple Avenue, Melbourne, FL 32935 (MLS# 1016048) is a Multi-Family property that was sold at $1,400,000 on September 09, 2025. Want to learn more about 1832-1838 Pineapple Avenue? Do you have questions about finding other Multi-Family real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.