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12-Unit Apartment Building
For Sale
$3,895,000

168-238 Hidden Woods Place, Melbourne, FL 32901

Residential Income, Melbourne, FL

Property SizeContact for details
Lot Size0.10 Acres
Days on Market94

Property Features for 168-238 Hidden Woods Place

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 29
Bathrooms 39
Full bathrooms 35
Half bathrooms 8
Rooms Bathroom 12, Bedroom 1, Bathroom 5, Bathroom 26, Bathroom 17, Bathroom 30, Bathroom 41, Bathroom 20, Bathroom 28, Bathroom 3, Bedroom 10, Bathroom 36, Bedroom 25, Bathroom 18, Bathroom 11, Bathroom 22, Bedroom 24, Bathroom 4, Bedroom 2, Bathroom 13, Bedroom 5, Bathroom 37, Bedroom 21, Bedroom 19, Bathroom 27, Bedroom 15, Bedroom 27, Bedroom 29, Bathroom 9, Bathroom 43, Bedroom 16, Bathroom 38, Bedroom 7, Bedroom 3, Bedroom 23, Bathroom 42, Bathroom 39, Bedroom 26, Bathroom 32, Bathroom 1, Bathroom 10, Bedroom 17, Bathroom 33, Bathroom 7, Bathroom 23, Bathroom 24, Bathroom 8, Bedroom 20, Bathroom 34, Bedroom 22, Bedroom 12, Bedroom 8, Bedroom 6, Bathroom 31, Bathroom 6, Bedroom 9, Bedroom 13, Bathroom 21, Bedroom 14, Bathroom 35, Bathroom 2, Bathroom 19, Bathroom 25, Bathroom 14, Bathroom 40, Bedroom 11, Bedroom 4, Bathroom 15, Bedroom 28, Bedroom 18, Bathroom 29, Bathroom 16
Parking 12
Parking features Garage
Exterior features Impact Windows
Appliances Dishwasher, Disposal, Electric Range, Ice Maker, Microwave, Refrigerator
Lot features Sprinklers In Front, Sprinklers In Rear
Middle school Stone
High school Palm Bay
Directions From Palm Bay rd, turn left on Babcock, about a mile turn right onto Lake in the woods Dr. Take another left onto beck lake trail. Follow the road all the way to where it dead ends, townhouses on your left.
Subdivision 330 - Melbourne - Central
Standard status Active
APN 28-37-21-01-00000.0-0011.00
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description HIDDEN WOODS LOT 1-15
Tax Annual Amount 1
HOA Fee $180 Monthly
Legal Description HIDDEN WOODS LOT 1-15

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Separate Meters, Central Air, Electric
Water source Public

Amenities

covered trussed porches
impact windows

Building Details

Year built 2025
Floors in Building 2
Number of units 12
Flooring type Vinyl
Building materials Concrete, Frame, Stone, Stucco, Composition Siding
Roof type Shingle
Listing Agency: Waterman Real Estate Inc.
Listed By: Meili Viera Porter
Added: May 22 Changed: Aug 19 Last Checked: Aug 23 at 1:06AM
MLS# 1078073

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 12-unit apartment property is a newly built townhome community currently under construction, with 50% of the residences occupied. Each home is separately deeded, creating individual ownership interests within the community. Six end units offer four bedrooms, 2.5 baths, a loft, a first-floor primary suite, and a one-car garage, with more than 1,800 square feet of living space. The six interior units include three bedrooms, 2.5 baths, a one-car garage, and more than 1,600 square feet under air.

Construction includes concrete, stone, stucco, frame, and composition siding, along with impact windows, covered trussed porches, vinyl flooring, shingle roofing, central air, and electric heating. Public water and sewer serve the property. Rental restrictions are not stated, and the residences are identified for short-term rentals, annual leasing, or student housing. The community is located in Melbourne, Florida, at 168-238 Hidden Woods Place.

Key Highlights

  • 12 townhome‑style apartment units, with 50% occupied
  • Each residence is individually deeded
  • 6 end units with 4 bedrooms, 2.5 baths, lofts, and 1‑car garages

Property Analytics

Current Use

Short term rental ...

Lease Details

12
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly constructed townhome-style apartments are individually deeded and allow short-term rentals, annual leases, or student housing.
Where is this apartment building located?
The property is located at 168-238 Hidden Woods Place Melbourne, FL.
What is the asking price?
The asking price for this property is $3,895,000.
What are key features of this property?
This property features: 12 townhome‑style apartment units, with 50% occupied; Each residence is individually deeded; 6 end units with 4 bedrooms, 2.5 baths, lofts, and 1‑car garages
More about this property
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