Apartment Building

Melbourne, FL Apartment Buildings for Sale

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Palm Bay, FL Indialantic, FL Melbourne Beach, FL West Melbourne, FL Malabar, FL Indian Harbour Beach, FL Satellite Beach, FL Rockledge, FL
Mixed-Use Property with High Exposure
Updated: Mar 24, 2025
Mixed-Use Property with High Exposure

2016 Melbourne Ct, Melbourne, FL

$2,149,000
8,607 sqft 0.15 AC lot
High Foot Traffic Area with 15,000 VPD Exposure
Estimated Proforma NOI $142,200 (6.5% CAP)
C3 Zoning: Flexible Use (Office, Retail, Short Term Rentals, Restaurants)
Two Commercial Units + Two Residential Units
Established Commercial Tenants: Ice Cream Store and Gift Shop
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Mixed-Use Building With Retail Spaces
Updated: Jan 8, 2025
Mixed-Use Building With Retail Spaces

620 E New Haven Avenue, Melbourne, FL 32901

$1,550,000
4,443 sqft 0.19 AC lot
Substantial annual gross income of $122,552 from a mix of residential and commercial tenants.
Recent extensive renovations including roof replacement, impact‑rated windows, and new A/C units.
Mixed‑use building with five apartments and two retail spaces.
Diverse and stable revenue stream from residential and commercial leases (gross and NNN).
Positioned for long‑term profitable holding with minimal near‑term capital expenditures.
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Multifamily Investment Opportunity in Melbourne
Multifamily Investment Opportunity in Melbourne

2716 RIVERVIEW DRIVE A, Melbourne, FL 32901

$1,100,000
3,194 sqft 0.49 AC lot

Turn-key investment property with five units near Downtown Melbourne.

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Apartment Investment Near Florida Tech
Apartment Investment Near Florida Tech

150 & 220 E University Blvd, Melbourne, FL 32901

$30,000,000

Value-add property near Florida Tech with significant capital improvements.

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Proposed Mixed-Use Development Site
Proposed Mixed-Use Development Site

3999 S Babcock St #5, Melbourne, FL 32901

Contact for pricing
374,616 sqft

Sustainable mixed-use development site in Melbourne City Center.

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Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 5 Active listings in Melbourne, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Six-Unit Multifamily Property
Six-Unit Multifamily Property

7522 Magnolia Avenue, Cape Canaveral, FL 32920

$1,050,000
3,872 sqft 0.14 AC lot

Well-kept six-unit complex with 2-bedroom layouts, outdoor space, and recent renovations alongside newer mechanicals.

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Cape Canaveral Multifamily Investment Property
Cape Canaveral Multifamily Investment Property

404 HARRISON Ave, Cape Canaveral, FL 32920

$2,200,000
0.29 AC lot

Well-located 12-unit multifamily property, two blocks from the ocean.

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Renovated Oceanside Condo with Ocean Views
Renovated Oceanside Condo with Ocean Views

4400 Highway A1A Rd 11, Vero Beach, FL 32963

$399,900

Turn-key, furnished condo with ocean, pool, and park views.

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Furnished Penthouse with Ocean Views
Furnished Penthouse with Ocean Views

4410 Highway A1A Hwy 307, Vero Beach, FL 32963

$419,900

Turnkey penthouse apartment with ocean views and existing leases.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Lot in Treasure Island
Waterfront Lot in Treasure Island

141 104TH AVENUE, Treasure Island, FL 33706

$2,225,000
0.34 AC lot

Waterfront lot zoned for multifamily residential use in Treasure Island.

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Prime Miami Development Opportunity
Prime Miami Development Opportunity

2801 NW 102nd St, Miami, FL 33165

$4,350,000
0.96 AC lot

Rare 1-acre parcel in Miami, pre-approved for 80+ units.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Ocean Springs Highway 90 Land
Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000
143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Off-Market Properties in Melbourne, FL

Consider similar Off-Market properties in Melbourne, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

825 University Blvd, Unit 101
APARTMENT HOUSE (5+ UNITS)

825 University Blvd, Melbourne, FL 32901-7173

Unit 101
$4,500,000
Estimated value
9,030 sqft 2.08 AC lot
View details
2307 Pizarro Ln, Unit 1201
APARTMENT HOUSE (5+ UNITS)

2307 Pizarro Ln, Melbourne, FL 32940-7525

Unit 1201
Value Estimation by Request
32,244 sqft 13.29 AC lot
View details
2544 Judge Fran Jamieson Way
APARTMENT HOUSE (5+ UNITS)

2544 Judge Fran Jamieson Way, Melbourne, FL 32940

$20,495,000
Estimated value
141,194 sqft 12.95 AC lot
View details
540 Hibiscus Blvd
APARTMENT HOUSE (5+ UNITS)

540 Hibiscus Blvd, Melbourne, FL 32901-3229

$4,320,000
Estimated value
47,478 sqft 2.00 AC lot
View details
1207 Riv Dr
APARTMENT HOUSE (5+ UNITS)

1207 Riv Dr, Melbourne, FL 32901-7358

Value Estimation by Request
7,977 sqft 0.52 AC lot
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204 Seminole Ave
APARTMENT HOUSE (5+ UNITS)

204 Seminole Ave, Melbourne, FL 32901-2962

$2,065,000
Estimated value
15,314 sqft 0.62 AC lot
View details
115 Seminole Ave
APARTMENT HOUSE (5+ UNITS)

115 Seminole Ave, Melbourne, FL 32901-2958

$2,965,000
Estimated value
16,384 sqft 0.57 AC lot
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1625 Elizabeth St
APARTMENT HOUSE (5+ UNITS)

1625 Elizabeth St, Melbourne, FL 32901-4323

$4,000,000
Estimated value
3,944 sqft 0.75 AC lot
View details
3151 Babcock St
APARTMENT HOUSE (5+ UNITS)

3151 Babcock St, Melbourne, FL 32901-6913

$2,040,000
Estimated value
22,128 sqft 11.74 AC lot
View details
2424 Metfield Dr
HIGH-RISE APARTMENTS

2424 Metfield Dr, Melbourne, FL 32940-5308

$13,020,000
Estimated value
143,835 sqft 11.64 AC lot
View details
100 University Blvd
APARTMENT HOUSE (5+ UNITS)

100 University Blvd, Melbourne, FL 32901-7653

$1,685,000
Estimated value
19,352 sqft 6.88 AC lot
View details
3192 Celina Lngarage-5
APARTMENT HOUSE (5+ UNITS)

3192 Celina Lngarage-5, Melbourne, FL 32934-8477

$4,925,000
Estimated value
48,986 sqft 25.66 AC lot
View details
8910 Trafford Dr
HIGH-RISE APARTMENTS

8910 Trafford Dr, Melbourne, FL 32940-8330

Value Estimation by Request
135,519 sqft 5.26 AC lot
View details
1350 Westover St, Unit 103
APARTMENT HOUSE (5+ UNITS)

1350 Westover St, Melbourne, FL 32935-5374

Unit 103
$3,075,000
Estimated value
3,200 sqft 2.69 AC lot
View details
3260 Hbr City Blvd, Unit 201
APARTMENT HOUSE (5+ UNITS)

3260 Hbr City Blvd, Melbourne, FL 32935-6203

Unit 201
Value Estimation by Request
140,761 sqft 12.00 AC lot
View details
35 Cir Ave
APARTMENT HOUSE (5+ UNITS)

35 Cir Ave, Melbourne, FL 32935-6729

$1,450,000
Estimated value
15,540 sqft 0.69 AC lot
View details
208 Nieman Ave, Unit 201-202
APARTMENT HOUSE (5+ UNITS)

208 Nieman Ave, Melbourne, FL 32901-1253

Unit 201-202
$810,000
Estimated value
2,500 sqft 0.56 AC lot
View details
585 University Blvd
APARTMENT HOUSE (5+ UNITS)

585 University Blvd, Melbourne, FL 32901-7158

$2,790,000
Estimated value
29,129 sqft 1.69 AC lot
View details
Melbourne, FL 32940
HIGH-RISE APARTMENTS

Melbourne, FL 32940

$2,750,000
Estimated value
151,876 sqft 8.36 AC lot
View details

Melbourne, FL Apartment Buildings Market Trends and Statistics

Explore 71 apartment buildings for sale in Melbourne, FL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,244 square feet of properties for sale, with an estimated market value of $4,799,000.

Sale prices for two-family homes in Melbourne, FL start at $1,100,000, averaging $1,599,666, and reaching up to $2,149,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Small apartment buildings 1

Demographics Overview

Population 355K
Population Growth (5Y) +9.2%
Median Household Income $80,265
College Educated 31.2%

High-Yield Neighborhoods for Investment

Identify Melbourne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32901 $12.3M

Taxes & Financing

Tax Rate (average for all types) 1.44%
Property Tax per SF $22.92 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Brevard County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Brevard County

Office

Property Size Breakdown

The majority of commercial real estate listings in Melbourne fall within the 100,000+ square foot range.

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