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    Melbourne, FL Apartment Buildings for Sale

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    West Melbourne, FL Palm Bay, FL Indialantic, FL Melbourne Beach, FL Malabar, FL Indian Harbour Beach, FL Merritt Island, FL
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    12-Unit Apartment Building
    Updated: May 22
    12-Unit Apartment Building

    168-238 Hidden Woods Place, Melbourne, FL 32901

    $3,895,000
    0.10 AC lot
    12 individually deeded apartment units
    42 bedrooms across six end units and six interior units
    Six end units with 4 bedrooms, 2.5 baths, lofts, and first‑floor primary suites
    Six interior units with 3 bedrooms, 2.5 baths, and over 1,600 sq. ft. under air
    One‑car garage included with every residence
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    New 15-Unit Apartment Community
    Updated: Apr 12
    New 15-Unit Apartment Community

    187 Lake in the Woods Dr, Melbourne, FL 32901

    Contact for pricing
    15‑unit community under construction with completion scheduled for Spring 2025
    8 end units with 4 bedrooms, 2.5 baths, lofts, first‑floor primary suites, and 1‑car garages
    7 interior units with 3 bedrooms, 2.5 baths, and 1‑car garages
    End units provide over 1,800 sq. ft. of living space
    Interior units provide over 1,600 sq. ft. under air
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    Mixed-Use Multifamily Redevelopment Opportunity
    Mixed-Use Multifamily Redevelopment Opportunity

    2500 S Harbor City Blvd, Melbourne, FL 32901

    Contact for pricing

    For sale mixed-use multifamily redevelopment with three Class A buildings and potential for additional residential units.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Fractured Condominium Rental Community
    Fractured Condominium Rental Community

    695 Short Hills Ln, Melbourne, FL 32901

    Contact for pricing

    98-unit rental community featuring 15 two-story buildings with detached garages in a concrete-block product.

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    Renovated Furnished Apartment Building
    Renovated Furnished Apartment Building

    1207 E River Drive, Melbourne, FL 32901

    Contact for pricing
    0.52 AC lot

    Nineteen furnished studios are professionally managed near the Indian River.

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    Historic Mixed-Use Income Building
    Historic Mixed-Use Income Building

    1584-1590 Highland Avenue, Melbourne, FL 32935

    Contact for pricing

    C3 zoned mixed-use property with a first-level salon/medi spa and 11 upper-level rooming units, fully leased.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    2005 Carlton Dr, Melbourne, FL 32935

    Contact for pricing

    Fully rented apartment property with loft and conventional one-bedroom units, including renovated residences and additional upgrade scope.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Melbourne, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    12-Unit Riverfront Apartment Building
    12-Unit Riverfront Apartment Building

    3550 S Atlantic Avenue, Cocoa Beach, FL 32931

    $3,895,000
    8,656 sqft 0.70 AC lot

    Six duplexes offer a mix of long-term and vacation rental occupancy beside navigable riverfront with beach access nearby.

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    6-Unit Apartment Building Portfolio
    6-Unit Apartment Building Portfolio

    1656 Sunny Brook Ln, Palm Bay, FL 32905

    $999,000
    5,484 sqft

    Fully leased condos feature updated interiors, private laundry rooms, and extensive association-maintained amenities.

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    Apartment Buildings with PTAC Cooling
    Apartment Buildings with PTAC Cooling

    1640 Bottlebrush Dr, Palm Bay, FL 32905

    Contact for pricing

    The multifamily property spans 13 buildings across two contiguous parcels in Palm Bay.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1630 S Atlantic Avenue, Cocoa Beach, FL 32931

    Contact for pricing

    Beachside income property with updated electrical, plumbing, and separate electric meters for every residence.

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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
    $68,000,000
    Estimated value
    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

    $195,000
    Estimated value
    7,977 sqft 0.52 AC lot
    View details
    204 Seminole Ave
    APARTMENT HOUSE (5+ UNITS)

    204 Seminole Ave, Melbourne, FL 32901-2962

    $1,605,000
    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

    $3,005,000
    Estimated value
    16,384 sqft 0.57 AC lot
    View details
    1625 Elizabeth St
    APARTMENT HOUSE (5+ UNITS)

    1625 Elizabeth St, Melbourne, FL 32901-4323

    $4,035,000
    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
    $3,355,000
    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

    $375,000
    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
    $865,000
    Estimated value
    2,500 sqft 0.56 AC lot
    View details

    Melbourne, FL Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Melbourne, FL, showcased through 7 active listings on our real estate platform.

    Sale prices for two-family homes in Melbourne, FL average $3,895,000 — 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 $10.9M

    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

    Residential Income

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Melbourne, FL

    • 32901
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    Featured Melbourne Real Estate Agencies

    Realmo connects you with licensed Melbourne CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Realty Brevard
    4885 N Wickham Rd, Suite 101 Melbourne, FL 32940
    Phone: 13212591170

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