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    Melbourne, FL Hospitality Properties for Sale

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    Palm Bay, FL Indialantic, FL Melbourne Beach, FL
    Shovel-Ready Hotel Development Land
    $2,500,000
    2.26 Acres
    Shovel-Ready Hotel Development Land

    4235 Norfolk Pkwy, Melbourne, FL 32901

    Fully entitled site with approved plans for a 95-key hotel and utilities on-site.
    • 2.26‑acre hotel development site in Hammock Landing, West Melbourne
    • Fully entitled with approved plans for a 95‑key hotel
    • Zoned commercial/hospitality
    • Utilities on‑site
    • Located near Target, Kohl’s, and AMC, with about 10 minutes to Melbourne Int’l Airport
    Updated: Jun 9
    View details
    Quality Inn Palm Bay-Melbourne
    $7,500,000
    Quality Inn Palm Bay-Melbourne

    890 Palm Bay Rd NE, Melbourne, FL 32904

    67-room hotel off I-95 near Melbourne Beach.
    • High TripAdvisor Ranking: Consistently ranked as a top hotel in Palm Bay (TripAdvisor #2) with multiple 'Traveler's Choice' awards (2021, 2022, 2023) indicating strong guest satisfaction.
    • Strong Brand Recognition: Consistent recipient of the Choice Gold Award (2017‑2022) demonstrating high brand standards and guest satisfaction within the Choice Hotels system.
    • Prime Location: Located directly off Interstate 95 (72,500 AADT) in a high‑growth corridor between Orlando and Miami, ensuring high visibility and accessibility for travelers.
    • Proximity to Melbourne‑Orlando International Airport: Conveniently located just over 5 miles from Melbourne‑Orlando International Airport (MLB), which serviced nearly 750,000 passengers in 2023.
    • Upside Potential: Opportunity for increased profitability through hands‑on management, expense reduction, and enhanced guest experiences, especially given current absentee ownership.
    Updated: Mar 23
    View details
    Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 2 Active listings in Melbourne, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 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.

    Riverfront Acres in Sebastian, FL
    $2,795,000
    70,132 SF
    Riverfront Acres in Sebastian, FL

    1.61 acres, zoned for multifamily, with private dock.

    11450 S Indian River Drive, Sebastian, FL 32958

    View details
    Riverfront Land with Development Potential
    $3,495,000
    65,770 SF
    Riverfront Land with Development Potential

    1.5-acre riverfront property suitable for condos, hotel, or estate.

    412 Indian River Drive, Sebastian, FL 32958

    View details
    Waterfront Income Property in Cocoa
    $2,525,000
    Waterfront Income Property in Cocoa

    Unique waterfront property with multiple income-producing buildings in Cocoa Village.

    11 MITCHELL St, Cocoa, FL 32922

    View details
    Historic Cocoa Village Landmark Residence
    $850,000
    13,504 SF
    Historic Cocoa Village Landmark Residence

    Landmark residence in Cocoa Village, meticulously restored with modern upgrades.

    536 Delannoy Ave, Cocoa, FL

    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.

    Recreational Land Near St Cloud
    Contact for pricing
    1.25 Acres
    Recreational Land Near St Cloud

    1.25 acre recreational lot perfect for outdoor activities.

    Saint Cloud, FL 34771

    View details
    Recreational Land in Suburban Estates
    Contact for pricing
    1.25 Acres
    Recreational Land in Suburban Estates

    1.25 acre recreational lot in Suburban Estates, St. Cloud.

    Saint Cloud, FL 34771

    View details
    Recreational Land in Suburban Estates
    Contact for pricing
    1.30 Acres
    Recreational Land in Suburban Estates

    1.3-acre recreational lot in Suburban Estates, St. Cloud, FL.

    Saint Cloud, FL 34773

    View details
    Turn-Key RV Lot with RV
    $189,900
    0.06 Acres
    Turn-Key RV Lot with RV

    Deeded RV lot with income-generating RV in Central FL resort.

    251 SADDLE LANE, Lake Wales, FL 33898

    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.

    130 Sheriff Rd, Unit INN
    HOTEL
    51,042 SF Lot: 1.70 Acres
    Estimated value
    $15,585,000
    Unit INN

    130 Sheriff Rd, Melbourne, FL 32940-8270

    View details
    8298 Wickham Rd
    HOTEL
    67,890 SF Lot: 7.15 Acres
    Estimated value
    $9,045,000

    8298 Wickham Rd, Melbourne, FL 32940-7923

    View details
    7200 George T Edwards Dr
    HOTEL
    47,283 SF Lot: 2.76 Acres
    Estimated value
    $7,450,000

    7200 George T Edwards Dr, Melbourne, FL 32940-6608

    View details
    6275 Us Hwy 1st 1
    MOTEL
    2,272 SF Lot: 0.76 Acres
    Value Estimation by Request

    6275 Us Hwy 1st 1, Grant Valkaria, FL 32949-2116

    View details
    801 Strawbridge Ave
    HOTEL
    213,704 SF Lot: 0.57 Acres
    Estimated value
    $48,085,000

    801 Strawbridge Ave, Melbourne, FL 32901-4736

    View details
    1430 Babcock St
    HOTEL
    91,405 SF Lot: 2.72 Acres
    Estimated value
    $15,250,000

    1430 Babcock St, Melbourne, FL 32901-3025

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    5690 Us Hwy 1st 1
    MOTEL
    3,280 SF Lot: 0.98 Acres
    Estimated value
    $1,120,000

    5690 Us Hwy 1st 1, Grant Valkaria, FL 32949-2013

    View details
    907 Melbourne Ave
    BED & BREAKFAST
    3,906 SF Lot: 0.31 Acres
    Estimated value
    $1,400,000

    907 Melbourne Ave, Melbourne, FL 32901-5578

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    3590 Valkaria Rd
    BED & BREAKFAST
    6,580 SF Lot: 7.55 Acres
    Estimated value
    $745,000

    3590 Valkaria Rd, Grant Valkaria, FL 32950-4734

    View details
    200 Rialto Pl
    HOTEL
    182,494 SF Lot: 8.53 Acres
    Estimated value
    $26,125,000

    200 Rialto Pl, Melbourne, FL 32901-3001

    View details
    125 Sheriff Rd
    HOTEL
    45,284 SF Lot: 2.10 Acres
    Estimated value
    $5,620,000

    125 Sheriff Rd, Melbourne, FL 32940-8270

    View details
    1701 Evans Rd
    HOTEL
    45,381 SF Lot: 3.31 Acres
    Estimated value
    $4,685,000

    1701 Evans Rd, Melbourne, FL 32904-3833

    View details
    4660 Us Hwy 1st 1
    MOTEL
    7,105 SF Lot: 1.46 Acres
    Estimated value
    $780,000

    4660 Us Hwy 1st 1, Grant Valkaria, FL 32949-4911

    View details
    4500 New Hvn Ave
    HOTEL
    37,199 SF Lot: 3.40 Acres
    Estimated value
    $4,685,000

    4500 New Hvn Ave, Melbourne, FL 32904-3324

    View details
    1310 Hbr City Blvd
    MOTEL
    2,251 SF Lot: 1.72 Acres
    Value Estimation by Request

    1310 Hbr City Blvd, Melbourne, FL 32901-3209

    View details
    3003 Hwy A1a
    HOTEL
    111,723 SF Lot: 4.28 Acres
    Estimated value
    $17,230,000

    3003 Hwy A1a, Melbourne, FL 32903-2133

    View details
    1125 Dr Martin Luther King Jr Blvd
    HOTEL
    63,113 SF Lot: 3.88 Acres
    Estimated value
    $5,990,000

    1125 Dr Martin Luther King Jr Blvd, Melbourne, FL 32901-2937

    View details
    1515 Hbr City Blvd
    HOTEL
    31,008 SF Lot: 0.86 Acres
    Estimated value
    $3,050,000

    1515 Hbr City Blvd, Melbourne, FL 32901-4653

    View details
    4505 New Hvn Ave
    HOTEL
    24,109 SF Lot: 1.06 Acres
    Estimated value
    $2,335,000

    4505 New Hvn Ave, Melbourne, FL 32904-3323

    View details
    Eau Gallie Blvd
    Automotive properties
    Lot: 5.00 Acres
    Value Estimation by Request
    Eau Gallie Blvd

    0 Eau Gallie Blvd, Melbourne, FL 32934

    View details
    3999 Babcock St
    Hotels
    67,518 SF Lot: 1.55 Acres
    Value Estimation by Request

    3999 Babcock St, Melbourne, FL 32901

    View details
    2400 Town Ctr Ave
    HOTEL
    68,428 SF Lot: 3.66 Acres
    Estimated value
    $8,910,000

    2400 Town Ctr Ave, Melbourne, FL 32940-6098

    View details

    Melbourne, FL Hospitality Properties Market Trends and Statistics

    Explore 25 hospitality properties for sale in Melbourne, FL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $10,000,000.

    Sale prices for hospitality properties in Melbourne, FL start at $2,500,000, averaging $5,000,000, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 2

    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
    32904 $7.5M

    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)

    Property Size Breakdown

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

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