NOT LISTED FOR SALE

2536 Pineapple Ave Unit 18 Melbourne, FL 32935

Melbourne Area
-- Beds
1 Bath
2,851 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: September 4, 2020

Last sale price $362,500 $127 Per Sq Ft

123 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Wood Siding

About This Home

As of September 2020

100% occupied MultiFamily Investment opportunity with very low turnover. These 9 units consist of 7 Studio Apartments plus two 1 Bedroom apartments. All Tenants are Month 2 Month but been there for awhile. Cash Cow that currently yields an 8.5% return after expenses. This property is adjacent to another like property that is also available and consists of 8 more apartments. Family Estate sale, as the current heirs live out of state.

Last Agent to Sell the Property

John Curri

Realty World Curri Properties License #3105835 Listed on: 07/02/2020

Last Buyer's Agent

John Curri

Realty World Curri Properties License #3105835 Listed on: 07/02/2020

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,464

Year Built

  • Built in 1946

Lot Details

  • 13,939 Sq Ft Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,851 Sq Ft Home
  • 1-Story Property

Schools

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

Listing and Financial Details

  • The owner pays for exterior maintenance, grounds care, insurance, repairs, sewer, taxes, water
  • Assessor Parcel Number 27-37-09-51-00000.0-0008.00

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • Riverview Subdivision

Building Details

  • Operating Expense $14,414
  • Gross Income $57,240
  • Net Operating Income $42,826

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,464

Year Built

Built in 1946

Lot Details

0.32 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1946
  • Reso Property Sub Type: Multi Family
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Riverview
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • General Property Information Water Body Access YN2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.32
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding

Utilities

  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Size Sq Ft: 13939.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-09-51-00000.0-0008.00

Rental Info

  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Taxes, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4463.87

Multi Family

  • Number Of Units Total: 9
  • Annual Operating Expense: 14413.87

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
Jul 2, 2020
Closed on
Aug 28, 2020
Sold by
Butch Properties Seagrape Llc
Bought by
Seller's Agent
John Curri
Realty World Curri Properties
Buyer's Agent
John Curri
Realty World Curri Properties
List Price
$450,000
Sold Price
$362,500
Premium/Discount to List
-$87,500
-19.44%

Purchase Details

Closed on
Feb 9, 2006
Sold by
Ty Lufman Esq Butch Properties Pineapple
Bought by
Bernstein Paul D

Purchase Details

Closed on
Feb 6, 2005
Sold by
Bernstein Paul D
Bought by
Butch Properties Pineapple Ave Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$362,500 Attorney
Silver Pineapple Llc $362,500 Attorney
Bernstein Paul D -- None Available
Butch Properties Pineapple Ave Llc -- --
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
09/04/2020 09/04/20 Sold $362,500 -19.4% $127 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $450,000 0.0% $158 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/07/2020 06/07/20 Price Changed $450,000 -10.0% $158 / Sq Ft
06/03/2020 06/03/20 For Sale $500,000 0.0% $175 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $500,000 -- $175 / 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
2026 $9,119 $738,720
2025 $9,119 $738,730
2024 $8,876 $826,210
2023 $8,876 $826,200 $0 $0
2022 $5,626 $384,140 $0 $0
2021 $4,659 $225,830 $76,500 $149,330
2020 $4,489 $215,170 $76,500 $138,670
2019 $4,464 $205,820 $76,500 $129,320
2018 $4,239 $195,000 $0 $195,000
2017 $4,065 $187,000 $0 $187,000
2016 $3,929 $170,000 $0 $0
2015 $3,681 $140,800 $76,500 $64,300
2014 $3,323 $128,000 $76,500 $51,500
Source: Public Records

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Map

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

MLS Number: 872074

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-09-51-00000.0-0008.00

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