NOT LISTED FOR SALE

2179 Pineapple Ave Melbourne, FL 32935

Estimated Value: $594,000 - $1,909,857

1 Bed
1 Bath
4,484 Sq Ft
$256/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $900,000 $201 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,475/month

368 Days on Market

Highlights

  • Boathouse
  • Boat Lift
  • 0.5 Acre Lot
  • Boat Dock
  • River Front
  • No HOA

About This Home

As of April 2016

Reduced $125k!Investor Alert! Income Producing Property!! Perfect for Bed and Breakfast!! This opportunity boasts a large 3 bedroom and 3 bath main house, with 7 efficiency units perfect for rental income. With scenic views of the Indian River and a 5 minute drive to the beach, this half acre property is located in Historic Downtown Eau Gallie. Home includes three large storage sheds, a wooden dock, and a large boathouse with potential for a boatlift. All Buildings are separately metered. Property is zoned C-1. Seller will not split the property. The cannons and nautical items do not covey, but are negotiable.

Last Agent to Sell the Property

Jason Engle

Tropical Realty Beachside Listed on: 01/02/2016

Last Buyer's Agent

Jason Engle

RE/MAX Solutions License #3088321

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,249

Year Built

  • Built in 1958

Lot Details

  • 0.5 Acre Lot
  • River Front

Parking

  • 3 Car Attached Garage
  • 10 Open Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 4,484 Sq Ft Home
  • Tile Flooring

Outdoor Features

  • Boat Lift
  • Boathouse

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Tank

Listing and Financial Details

  • The owner pays for cable TV, electricity, exterior maintenance, gas, grounds care, insurance, management, pest control, sewer, taxes, trash collection, water
  • Assessor Parcel Number 27-37-16-25-0000a.0-0022.00

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Eau Gallie Village Plat Of Subdivision

Recreation

  • Boat Dock

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,249

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Reso Property Sub Type: Multi Family
  • Water Body Name: Indian River
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Eau Gallie Village Plat of
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Other Structures: Boat House
  • Location Tax and Legal Parcel Number2: 27-37-16-25-0000a.0-0022.00
  • Location Tax and Legal Elementary School: Creel
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 2249.06
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 4484.0
  • General Property Information Building Area Total3: 4824.0
  • General Property Information Lot Size Acres: 0.5
  • General Property Information Lot Size Square Feet2: 21780.0
  • General Property Information Waterfront YN: Yes
  • Flooring Tile: Yes
  • Roof:Shingle: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 66.0 ft x 125.0 ft
  • Exterior Features Boat Lift: Yes
  • Other Structures Boat House: Yes
  • General Property Information Number Of Units Total2: 6.0
  • General Property Information Water Frontage Feet: 2
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Other
  • ResoLivingAreaSource: Other

Exterior Features

  • Exterior Features: Boat Lift
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.5
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Stucco, Vinyl Siding
  • Construction Materials:Stucco: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached
  • Total Parking Spaces: 10.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • General Property Information:Parking Total: 10.0
  • General Property Information:Open Parking Spaces2: 10.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Water Available
  • Cooling Y N: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Dimensions: 66.0 ft x 125.0 ft
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-16-25-0000a.0-0022.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Cable TV, Electricity, Exterior Maintenance, Gas, Grounds Care, Insurance, Management, Pest Control, Sewer, Taxes, Trash Collection, Water, Other

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2249.06

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2016
Closed on
Apr 8, 2016
Sold by
Dixon Bosco Albert J and Dixon Bosco Amy
Bought by
Stevens John D
Seller's Agent
Jason Engle
Tropical Realty Beachside
Buyer's Agent
Jason Engle
RE/MAX Solutions
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%
Current Estimated Value
$1,146,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,952
Avg. Annual Appreciation
2.52%

Purchase Details

Closed on
Sep 1, 2009
Sold by
Dixon Bosco Albert J and Dixon Bosco Amy
Bought by
Dixon Bosco Albert J and Dixon Bosco Amy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stevens John D $900,000 Aurora Title
Dixon Bosco Albert J -- Aurora Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2016 04/08/16 Sold $900,000 -18.2% $201 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
01/03/2015 01/03/15 For Sale $1,100,000 -- $245 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,805 $924,000 -- --
2024 $18,443 $997,200 -- --
2023 $18,443 $1,022,410 -- --
2022 $19,620 $1,435,190 $0 $0
2021 $15,664 $869,480 $224,530 $644,950
2020 $15,597 $828,400 $224,530 $603,870
2019 $14,830 $756,400 $224,530 $531,870
2018 $15,007 $750,000 $0 $750,000
2017 $15,412 $750,000 $0 $750,000
2016 $2,377 $184,930 $184,930 $0
2015 $2,381 $171,730 $171,730 $0
2014 $2,276 $150,540 $150,540 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 714194

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-16-25-0000A.0-0022.00