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    Melbourne, FL Apartment Buildings for Sale

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    Palm Bay, FL West Melbourne, FL Melbourne Beach, FL
    Apartment Investment Near Florida Tech
    $30,000,000

    Apartment Investment Near Florida Tech

    150 & 220 E University Blvd, Melbourne, FL 32901

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

    • Prime location adjacent to Florida Tech University and minutes from downtown Melbourne.
    • Nearly $4.2 million in recent capital improvements minimizes immediate expenditure needs.
    • Expansive amenity package including two resort‑style pools, cabana beds, summer kitchen, and game area.
    • Value‑add opportunity through upgrades to classic and partially upgraded units for rent premiums.
    • Washer/dryer connections in some units with the ability to retrofit remaining units for additional upside.
    Updated: Apr 1
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    Melbourne Townhome Apartment Building
    $5,750,000

    Melbourne Townhome Apartment Building

    825 E University Blvd, Melbourne, FL 32901

    42-unit townhome property in Melbourne, Florida's Space Coast.

    • 42 Unit Townhome Property
    • Located in Melbourne, FL (Space Coast)
    • Townhome Style Units
    • Investment Opportunity with strong income potential
    • Multi‑Family Property
    Updated: Apr 3
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    Mixed-Use Property with High Exposure
    $2,149,000
    8,607 SF

    Mixed-Use Property with High Exposure

    Mixed-use property with commercial and residential units in high-traffic area.

    2016 Melbourne Ct, Melbourne, FL
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    Multifamily Investment Opportunity in Melbourne
    $1,100,000
    3,194 SF

    Multifamily Investment Opportunity in Melbourne

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

    2716 RIVERVIEW DRIVE A, Melbourne, FL 32901
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    Proposed Mixed-Use Development Site
    Contact for pricing
    374,616 SF

    Proposed Mixed-Use Development Site

    Sustainable mixed-use development site in Melbourne City Center.

    3999 S Babcock St #5, Melbourne, FL 32901
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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.

    Cape Canaveral Multifamily Investment
    $2,200,000
    8,143 SF

    Cape Canaveral Multifamily Investment

    Well-located 12-unit multifamily property near the ocean.

    404 HARRISON AVENUE, Cape Canaveral, FL 32920
    View details
    Vero Landmark Mixed-Use Property
    $4,500,000
    25,670 SF

    Vero Landmark Mixed-Use Property

    Mixed-use property featuring residential and commercial units in historic building.

    2101 14th Ave, Vero Beach, FL 32960
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    Commercial
    $4,500,000

    Commercial

    Mixed-use properties

    2101 14th Ave, Vero Beach, FL 32960
    View details
    Boutique Apartment Building Near Beach
    $3,550,000
    6,864 SF

    Boutique Apartment Building Near Beach

    9-unit apartment building, 1.5 blocks from the beach.

    418 Adams Avenue, Cape Canaveral, FL 32920
    View details

    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
    $2,225,000
    0.34 Acres

    Waterfront Lot in Treasure Island

    Waterfront lot zoned for multifamily residential use in Treasure Island.

    141 104TH AVENUE, Treasure Island, FL 33706
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    Prime Miami Development Opportunity
    $4,350,000
    0.96 Acres

    Prime Miami Development Opportunity

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

    2801 NW 102nd St, Miami, FL 33165
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

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

    71 Salters Road, Greenville, SC 29607
    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
    View details

    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)
    9,030 SF Lot: 2.08 Acres
    Unit 101

    825 University Blvd, Melbourne, FL 32901-7173

    View details
    2307 Pizarro Ln, Unit 1201
    APARTMENT HOUSE (5+ UNITS)
    32,244 SF Lot: 13.29 Acres
    Estimated value
    $68,000,000
    Unit 1201

    2307 Pizarro Ln, Melbourne, FL 32940-7525

    View details
    2544 Judge Fran Jamieson Way
    APARTMENT HOUSE (5+ UNITS)
    141,194 SF Lot: 12.95 Acres
    Estimated value
    $20,495,000

    2544 Judge Fran Jamieson Way, Melbourne, FL 32940

    View details
    540 Hibiscus Blvd
    APARTMENT HOUSE (5+ UNITS)
    47,478 SF Lot: 2.00 Acres
    Estimated value
    $4,320,000

    540 Hibiscus Blvd, Melbourne, FL 32901-3229

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    1207 Riv Dr
    APARTMENT HOUSE (5+ UNITS)
    7,977 SF Lot: 0.52 Acres
    Value Estimation by Request

    1207 Riv Dr, Melbourne, FL 32901-7358

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    204 Seminole Ave
    APARTMENT HOUSE (5+ UNITS)
    15,314 SF Lot: 0.62 Acres
    Estimated value
    $2,065,000

    204 Seminole Ave, Melbourne, FL 32901-2962

    View details
    115 Seminole Ave
    APARTMENT HOUSE (5+ UNITS)
    16,384 SF Lot: 0.57 Acres
    Estimated value
    $2,965,000

    115 Seminole Ave, Melbourne, FL 32901-2958

    View details
    1625 Elizabeth St
    APARTMENT HOUSE (5+ UNITS)
    3,944 SF Lot: 0.75 Acres
    Estimated value
    $4,000,000

    1625 Elizabeth St, Melbourne, FL 32901-4323

    View details
    3151 Babcock St
    APARTMENT HOUSE (5+ UNITS)
    22,128 SF Lot: 11.74 Acres
    Estimated value
    $2,040,000

    3151 Babcock St, Melbourne, FL 32901-6913

    View details
    2424 Metfield Dr
    HIGH-RISE APARTMENTS
    143,835 SF Lot: 11.64 Acres
    Estimated value
    $13,020,000

    2424 Metfield Dr, Melbourne, FL 32940-5308

    View details
    100 University Blvd
    APARTMENT HOUSE (5+ UNITS)
    19,352 SF Lot: 6.88 Acres
    Estimated value
    $1,685,000

    100 University Blvd, Melbourne, FL 32901-7653

    View details
    3192 Celina Lngarage-5
    APARTMENT HOUSE (5+ UNITS)
    48,986 SF Lot: 25.66 Acres
    Estimated value
    $4,925,000

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

    View details
    8910 Trafford Dr
    HIGH-RISE APARTMENTS
    135,519 SF Lot: 5.26 Acres
    Value Estimation by Request

    8910 Trafford Dr, Melbourne, FL 32940-8330

    View details
    1350 Westover St, Unit 103
    APARTMENT HOUSE (5+ UNITS)
    3,200 SF Lot: 2.69 Acres
    Estimated value
    $3,075,000
    Unit 103

    1350 Westover St, Melbourne, FL 32935-5374

    View details
    3260 Hbr City Blvd, Unit 201
    APARTMENT HOUSE (5+ UNITS)
    140,761 SF Lot: 12.00 Acres
    Value Estimation by Request
    Unit 201

    3260 Hbr City Blvd, Melbourne, FL 32935-6203

    View details
    35 Cir Ave
    APARTMENT HOUSE (5+ UNITS)
    15,540 SF Lot: 0.69 Acres
    Estimated value
    $1,450,000

    35 Cir Ave, Melbourne, FL 32935-6729

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    208 Nieman Ave, Unit 201-202
    APARTMENT HOUSE (5+ UNITS)
    2,500 SF Lot: 0.56 Acres
    Estimated value
    $810,000
    Unit 201-202

    208 Nieman Ave, Melbourne, FL 32901-1253

    View details
    585 University Blvd
    APARTMENT HOUSE (5+ UNITS)
    29,129 SF Lot: 1.69 Acres
    Estimated value
    $2,790,000

    585 University Blvd, Melbourne, FL 32901-7158

    View details
    Melbourne, FL 32940
    HIGH-RISE APARTMENTS
    151,876 SF Lot: 8.36 Acres
    Estimated value
    $2,750,000

    Melbourne, FL 32940

    View details

    Melbourne, FL Apartment Buildings Investment Opportunities Market Analysis

    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 11,801 square feet of properties for sale, with an estimated market value of $3,249,000.

    Sale prices for two-family homes in Melbourne, FL start at $1,100,000, averaging $1,624,500, 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

    Small apartment buildings 1

    Property Size Breakdown

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

    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 median 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 sq ft
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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