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Riverfront Triplex
For Sale
Contact for pricing
Pending

2121 Pineapple Ave, Melbourne, FL 32935

Three-unit waterfront property with updated plumbing, sewer lines, roofing, and HVAC serving the house.

Property SizeContact for details
Days on Market142

Property Features for 2121 Pineapple Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Additional Details

Highway Access Yes
Listing Agency: RE/MAX Solutions
Listed By: Jason Engle · License #FL3088321
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 6:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Solutions

Investment Insights

Based on property information with market context.

This triplex on the Indian River contains two 1Bed/1Bath units and a 2Bed/1Bath house. Updates include new plumbing, sewer lines, and a roof, while the house has HVAC. The configuration supports on-site occupancy with the other two spaces leased, or use through Airbnb or VRBO, as described for the property.

Located at 2121 Pineapple Ave in Melbourne, the property sits near the Eau Gallie Arts District, beaches, and shopping, with I-95 a short distance away. River frontage and the three-unit layout define the asset’s physical and operating profile.

Key Highlights

  • Three‑unit riverfront property on the Indian River
  • Two 1Bed/1Bath units plus one 2Bed/1Bath house
  • Brand new plumbing, sewer lines, and roof

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

Demographics for 32935, FL

41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit waterfront property with updated plumbing, sewer lines, roofing, and HVAC serving the house.
Where is this triplex located?
The property is located at 2121 Pineapple Ave Melbourne, FL.
What are key features of this property?
This property features: Three‑unit riverfront property on the Indian River; Two 1Bed/1Bath units plus one 2Bed/1Bath house; Brand new plumbing, sewer lines, and roof
More about this property
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