NOT LISTED FOR SALE

2179 Pineapple Ave Melbourne, FL 32935

Melbourne Area

Estimated Value: $1,629,000 - $1,928,000

1 Bed
1 Bath
4,484 Sq Ft
$402/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2016

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

Est. 100% increase in value since last sale

Current estimated payment $11,302 / mo

368 Days on Market

Highlights

  • Boathouse
  • Boat Lift
  • 0.5 Acre Lot
  • Community 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

  • 21,780 Sq Ft 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

  • Community Boat Dock

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,249

Year Built

Built in 1958

Lot Details

0.5 Acres

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
  • General Property Information Water Frontage Feet: 2
  • General Property Information Water Body Access YN2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Other

Exterior Features

  • Exterior Features: Boat Lift
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.5
  • Pool Private: No
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Stucco, Vinyl Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

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

Rental Info

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2016
Closed on
Apr 8, 2016
Sold by
Bought by
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
$1,800,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$900,772
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Sep 1, 2009
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900,000 Aurora Title
-- Aurora Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $200,000
Closed $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,970 $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

  • J

    Seller's Agent in 2016

    Jason Engle

    Tropical Realty Beachside

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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

Florida Brevard County Melbourne 32935

2179 Pineapple Ave, Melbourne, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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