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Exceptional opportunity to own a rare 8-unit riverfront multifamily in the historic Eau Gallie Arts District. Located at 2179 Pineapple Ave, this income-producing property sits directly on the Indian River, offering long-term value, steady cash flow, and lifestyle appeal. The asset features a mix of long-term tenants and short-term rentals, allowing flexibility to optimize income while diversifying risk. All roofs have been replaced, and the main house HVAC system has been recently updated, reducing near-term capital expenditure concerns. Waterfront units and STR components benefit from strong rental demand driven by river views, sunsets, and proximity to downtown Eau Gallie, galleries, dining, and events. Ideal for investors seeking a stabilized asset with upside through rent optimization, STR expansion, or future appreciation in one of the Space Coast's most walkable and culturally vibrant corridors. A rare combination of location, condition, and income potential on the Indian River
| DAYS ON MARKET | 2 | LAST UPDATED | 2/12/2026 |
|---|---|---|---|
| TRACT | Eau Gallie Village Plat of | YEAR BUILT | 1958 |
| COMMUNITY | 323 - Eau Gallie | GARAGE SPACES | 2.0 |
| COUNTY | Brevard | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Creel |
|---|---|
| Jr. High School | Johnson |
| High School | Eau Gallie |
| ADDITIONAL DETAILS | |
| AIR | Electric, Multi Units, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 323 - Eau Gallie |
| CONSTRUCTION | Block, Frame, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Central, Electric |
| LOT | 0.5 acre(s) |
| LOT DESCRIPTION | Other, Waterfront |
| PARKING | Assigned |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Eau Gallie Village Plat of |
| TAXES | 16970 |
| UTILITIES | Cable Available, Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
| WATER ACCESS | Indian River |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Listing information is deemed reliable, but not guaranteed.
Copyright 2026 - Space Coast Association of REALTORS, Inc. All rights reserved
Properties marked with the Broker Reciprocity icon are provided courtesy of the Brevard County Broker Reciprocity Database
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