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Melbourne 32935
2165 Pineapple Avenue
Photo of 2165 Pineapple Avenue
Sold on Jul 31, 2019

1

Map

$330,000
● Land - Off Market

2165 Pineapple Avenue

Melbourne, FL 32935
bedrooms
Studio
bathrooms
0 Bath
$528,154
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Rare opportunity to purchase RIVERFRONT property! Beautiful lot over 1/2 acre on the Indian River with its own private boat ramp. These private ramps only exist on an extremely limited number of properties in Brevard County. The land is zoned for mixed use so you can build your dream home or operate your small business OR enjoy the benefit of having them both at the same location! Conveniently located near the vibrant Eau Gallie historic area with restaurants, shops, and parks, along with the cultural opportunities the Eau Gallie Arts District has to offer. Quick and easy access to the beaches and I-95. Don't wait for ''Someday...'' - this is your chance to realize your vision for peaceful waterfront living with a perfect view each and everyday. CALL TODAY before it's too late!
Unit Size
-
Days on Market
50 days
Land Size
0.55 acres
Price per sqft
-
Property Type
Land
Property Taxes
$372
HOA Dues
-
Year Built
1950

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (Space Coast MLS #847517)

Price History

Date / Event Date Event Price
Aug 2, 2019 Sold
Premium
Sold
Jun 10, 2019 Listed by One Sotheby's Inter Realty $359,900
Listed by One Sotheby's Inter Realty
Jun 24, 2014 Sold
Premium
Sold
May 2, 2014 Listed by One Sotheby's Inter Realty $229,900
Listed by One Sotheby's Inter Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: 5
  • Porch Type: 77
  • Pool Type: 0
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 23,958
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,978
  • Gross Building Area: 1,978
  • Building Area: 1,312

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAU GALLIE, VILLAGE PLAT OF
  • Land Acres: 0000000550
  • Standard Land Use Code: 1000
  • County Land Use Code: 0132
  • State Land Use Code: 001
  • Legal Description 1: EAU GALLIE, VILLAGE PLAT OF LOT 20 BLK A EXC RD R/W

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064202

Zoning

  • Zoning: CC1

Geography

  • Assessors Map Reference: 285
  • Account Number: 2716967
  • Parcel: 27-37-16-25-0000A.0-0020.00
  • Block: A
  • Lot: 20
  • Meridian: SEC 16 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1423
  • Longitude: -80.6318

    Address

  • Full Address: 2165 Pineapple Ave
  • Address - House Number: 2165
  • Address - Street Name: Pineapple
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C035
  • 4-Digit Zip Code: 6637
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 1,603
  • Tax Year: 2022
  • Tax Amount: $549,585
  • Tax Rate Code Area: 43K0

    Appraisal Valuation

  • Standard Deviation: 0.1746
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 546,632
  • High Value: 642,121
  • Low Value: 451,142

    Market Valuation

  • Market Total Value: $320,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $320,340

    Sales

  • Current Sale Contract Date: Jul 31, 2019
  • Current Sale Recording Date: Aug 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019169301
  • Previous Sale Recording Date: Jun 24, 2014
  • Previous Sale Contract Date: Jun 17, 2014
  • Previous Sale Amount: $229,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Melbourne

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$213

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1647 ft²

Average Home Age

38 years

Currently For Sale

527 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2273 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2273 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith
Unit for rent at 2267 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2267 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith
Unit for rent at 2261 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2261 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Laura Forman, One Sotheby's Inter Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 847517
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.

Frequently Asked Questions

When was property at 2165 Pineapple Avenue built and last sold?
The property at 2165 Pineapple Avenue was built in 1950 and last sold on Jul 31, 2019 for $330,000.
How much is this home worth?
The estimated value of the home located at 2165 Pineapple Avenue is $0.
What are some comparable homes to 2165 Pineapple Avenue?
There are currently no comparable homes to 2165 Pineapple Avenue.
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