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Off market
    • $520,600

    2536 Pineapple Ave #18, Melbourne, FL 32935

    --beds
    0baths
    2,851sqft
    MultiFamily
    Built in 1946
    -- sqft lot
    $520,600 Zestimate®
    $183/sqft
    $2,153 Estimated rent

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    $2,153/mo

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    $2,153/mo

    Rent Zestimate®

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    $3,363/mo

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    $3,363/mo

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    What's special

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 2,851 sqft

    Property

    Features
    • Exterior features: Stucco
    Lot
    • Size: 0.32 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1946

    Utilities & green energy

    • Utilities for property: City Water

    Community & neighborhood

    Location
    • Region: Melbourne

    Other

    Other facts
    • Equipment/Appliances: Other - Call Agent
    • Floor: Other - Call Agent
    • State/Province: FL
    • Property Status: Standard
    • Prop Type: Income
    • Expenses Include: Insurance, Lawn-Landscape Mnt, Repair/Maintenance, RE Taxes, Water-Sewer
    • Construction: Concrete Block, Frame - Wood
    • Parking: Open Parking
    • Utilities: City Water
    • Measurements From: Tax Rolls
    • Style: Efficiency/Studio, One Story
    • Lot Description: City
    • Roof: Shingle - Asphalt
    • Rent Includes: Lawn/Land Mntnce, Exterior Maintenance, RE Taxes, Water
    • Exterior Finish: Stucco
    • Buildings: 4+ Buildings
    • General County Loc: South
    • Fixer Upper: Yes
    • Schools: Middle School: Johnson
    • Schools: High School: Eau Gallie
    • Schools: Elementary School: Creel
    • Status: Backups
    • # of Units: 9
    • Property Type: B
    • Subdivision/Condo Nm: RIVERVIEW
    • Tax ID: 27-37-09-51-00000.0-0008.00
    • Legal Desc: RIVERVIEW LOTS 8,9
    Sell with ease on Zillow
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    $520,600
    2% more+$10,412
    With Zillow Showcase(estimated)$531,012

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