Hospitality

Melbourne, FL Hospitality Properties for Sale

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West Melbourne, FL Palm Bay, FL Indialantic, FL Melbourne Beach, FL Malabar, FL Indian Harbour Beach, FL
Shovel-Ready Hotel Development Land
Updated: Aug 29, 2025
Shovel-Ready Hotel Development Land

4235 Norfolk Pkwy, Melbourne, FL 32901

$2,500,000
2.26 AC lot
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
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Quality Inn Palm Bay-Melbourne
Updated: Mar 23
Quality Inn Palm Bay-Melbourne

890 Palm Bay Rd NE, Melbourne, FL 32904

Contact for pricing
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.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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 Land with Development Potential
Riverfront Land with Development Potential

412 Indian River Drive, Sebastian, FL 32958

$3,495,000
65,770 sqft 1.50 AC lot

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

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Riverfront Hotel with Development Potential
Riverfront Hotel with Development Potential

412 Indian River Dr, Sebastian, FL 32958

$3,495,000
1.50 AC lot

1.5-acre riverfront property with hotel, development, and subdivision possibilities.

View details
Oceanfront Commercial Land
Oceanfront Commercial Land

5935 S Hwy A1A, Melbourne Beach, FL 32951

Contact for pricing
6,879 sqft 1.53 AC lot

Direct oceanfront commercial parcel with zoning allowing daily rentals, plus direct beach access and expansive ocean views.

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Oceanfront Motel With Furnished Units
Oceanfront Motel With Furnished Units

5055 S Highway A1a, Melbourne Beach, FL 32951

Contact for pricing

Furnished oceanfront motel units include kitchens and tile floors, with upgrades, security cameras, and on-site sheds.

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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.

Recreation Land Access-Control Community
Recreation Land Access-Control Community

Saint Cloud, FL 34771

Contact for pricing
1.25 AC lot

Recreational lot in an access-controlled estates community, not a buildable site, with gate entry restrictions.

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Non-Buildable Recreational Land Parcel
Non-Buildable Recreational Land Parcel

Saint Cloud, FL 34773

Contact for pricing
1.30 AC lot

Recreational-only lot within Suburban Estates, spanning 1.3 acres and described as not buildable.

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Deeded RV Lot in Resort
Deeded RV Lot in Resort

171 APPALOOSA Trail, River Ranch, FL 33867

$145,000
0.06 AC lot

Deeded RV lot in River Ranch RV Resort with shaded outdoor seating near on-site pool and clubhouse.

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Resort RV Lot Opportunity
Resort RV Lot Opportunity

16950 HIGHWAY 630 E 107, Lake Wales, FL 33898

$147,000

Deeded RV lot in luxury resort community with rental program.

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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.

130 Sheriff Rd, Unit INN
HOTEL

130 Sheriff Rd, Melbourne, FL 32940-8270

Unit INN
$14,440,000
Estimated value
51,042 sqft 1.70 AC lot
View details
8298 Wickham Rd
HOTEL

8298 Wickham Rd, Melbourne, FL 32940-7923

$9,475,000
Estimated value
67,890 sqft 7.15 AC lot
View details
7200 George T Edwards Dr
HOTEL

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

$7,450,000
Estimated value
47,283 sqft 2.76 AC lot
View details
6275 Us Hwy 1st 1
MOTEL

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

$315,000
Estimated value
2,272 sqft 0.76 AC lot
View details
801 Strawbridge Ave
HOTEL

801 Strawbridge Ave, Melbourne, FL 32901-4736

$48,085,000
Estimated value
213,704 sqft 0.57 AC lot
View details
1430 Babcock St
HOTEL

1430 Babcock St, Melbourne, FL 32901-3025

$15,250,000
Estimated value
91,405 sqft 2.72 AC lot
View details
5690 Us Hwy 1st 1
MOTEL

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

$1,125,000
Estimated value
3,280 sqft 0.98 AC lot
View details
907 Melbourne Ave
BED & BREAKFAST

907 Melbourne Ave, Melbourne, FL 32901-5578

$1,480,000
Estimated value
3,906 sqft 0.31 AC lot
View details
3590 Valkaria Rd
BED & BREAKFAST

3590 Valkaria Rd, Grant Valkaria, FL 32950-4734

$745,000
Estimated value
6,580 sqft 7.55 AC lot
View details
200 Rialto Pl
HOTEL

200 Rialto Pl, Melbourne, FL 32901-3001

$26,125,000
Estimated value
182,494 sqft 8.53 AC lot
View details
125 Sheriff Rd
HOTEL

125 Sheriff Rd, Melbourne, FL 32940-8270

$5,620,000
Estimated value
45,284 sqft 2.10 AC lot
View details
1701 Evans Rd
HOTEL

1701 Evans Rd, Melbourne, FL 32904-3833

$4,685,000
Estimated value
45,381 sqft 3.31 AC lot
View details
4660 Us Hwy 1st 1
MOTEL

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

$310,000
Estimated value
7,105 sqft 1.46 AC lot
View details
4500 New Hvn Ave
HOTEL

4500 New Hvn Ave, Melbourne, FL 32904-3324

$4,685,000
Estimated value
37,199 sqft 3.40 AC lot
View details
1310 Hbr City Blvd
MOTEL

1310 Hbr City Blvd, Melbourne, FL 32901-3209

$395,000
Estimated value
2,251 sqft 1.72 AC lot
View details
3003 Hwy A1a
HOTEL

3003 Hwy A1a, Melbourne, FL 32903-2133

$17,230,000
Estimated value
111,723 sqft 4.28 AC lot
View details
1125 Dr Martin Luther King Jr Blvd
HOTEL

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

$5,990,000
Estimated value
63,113 sqft 3.88 AC lot
View details
1515 Hbr City Blvd
HOTEL

1515 Hbr City Blvd, Melbourne, FL 32901-4653

$3,050,000
Estimated value
31,008 sqft 0.86 AC lot
View details
4505 New Hvn Ave
HOTEL

4505 New Hvn Ave, Melbourne, FL 32904-3323

$2,335,000
Estimated value
24,109 sqft 1.06 AC lot
View details
Eau Gallie Blvd
Automotive properties

0 Eau Gallie Blvd, Melbourne, FL 32934

Value Estimation by Request
5.00 AC lot
View details
3999 Babcock St
Hotels

3999 Babcock St, Melbourne, FL 32901

Value Estimation by Request
67,518 sqft 1.55 AC lot
View details
2400 Town Ctr Ave
HOTEL

2400 Town Ctr Ave, Melbourne, FL 32940-6098

$8,910,000
Estimated value
68,428 sqft 3.66 AC lot
View details

Melbourne, FL Hospitality Properties Market Trends and Statistics

Explore 25 hospitality properties for sale in Melbourne, FL on our real estate platform.

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

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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
32901 $2.5M

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)

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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