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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 Market103

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 17, Bathroom 2, Bathroom 14, Bathroom 26, Bedroom 14, Bathroom 27, Bathroom 30, Bathroom 39, Bedroom 25, Bathroom 4, Bathroom 3, Bathroom 17, Bedroom 5, Bedroom 8, Bedroom 20, Bathroom 10, Bedroom 26, Bathroom 20, Bedroom 18, Bathroom 37, Bathroom 38, Bedroom 2, Bathroom 6, Bathroom 15, Bathroom 16, Bedroom 15, Bathroom 18, Bathroom 31, Bedroom 29, Bathroom 13, Bathroom 21, Bedroom 3, Bathroom 34, Bedroom 24, Bedroom 22, Bathroom 22, Bedroom 27, Bathroom 19, Bathroom 9, Bathroom 24, Bedroom 9, Bedroom 11, Bedroom 28, Bedroom 7, Bathroom 28, Bedroom 16, Bathroom 8, Bathroom 7, Bathroom 40, Bathroom 5, Bedroom 10, Bedroom 19, Bedroom 1, Bathroom 25, Bedroom 13, Bathroom 32, Bathroom 1, Bedroom 6, Bathroom 35, Bedroom 21, Bathroom 36, Bathroom 41, Bathroom 29, Bedroom 12, Bedroom 23, Bedroom 4, Bathroom 23, Bathroom 11, Bathroom 43, Bathroom 33, Bathroom 42
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 Electric, Separate Meters, Central Air
Water source Public

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 · License #3215665
Added: May 22 Changed: Aug 26 Last Checked: Sep 1 at 3:06PM
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 in Melbourne consists of individually deeded townhome residences and is currently under construction. The layout includes six end units with four bedrooms, 2.5 baths, a loft, a first-floor primary suite, and over 1,800 square feet of living space. Six interior units provide three bedrooms, 2.5 baths, and over 1,600 square feet under air. Every residence includes a one-car garage, while the development also features covered trussed porches, impact windows, vinyl flooring, and concrete construction with stone, stucco, and composition siding accents.

The property is fully leased, and the residences are connected to public water and public sewer. Cooling includes central air with separate meters, and kitchens are equipped with electric ranges, refrigerators, microwaves, dishwashers, disposals, and ice makers. The community is located at 168-238 Hidden Woods Place in Melbourne, Florida, within Brevard County.

Key Highlights

  • 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

Property Analytics

Current Use

Apartment buildings

Lease Details

12
Residential units
100%
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 built townhome-style residences offer individual deeds, attached garages, and covered porches in Melbourne.
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 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
More about this property
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