Multifamily

Melbourne Beach, FL Multifamily Properties for Sale

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Indialantic, FL Palm Bay, FL Melbourne, FL Malabar, FL Indian Harbour Beach, FL West Melbourne, FL Satellite Beach, FL
Remodeled Quadplex with Private Yards
Updated: Jul 10
Remodeled Quadplex with Private Yards

5001 Malabar Boulevard, Melbourne Beach, FL 32951

$1,350,000
3,722 sqft 0.49 AC lot
Fully remodeled quadplex with four 2/2 units (1 car garage for each unit)
Vaulted ceilings with recessed lighting plus an open floor plan in the kitchen/living area
Vinyl flooring throughout; stainless steel appliances and walk‑in showers
Hurricane impact windows and screened‑in porch with private fenced backyard
Shared artesian well with oversized septic; public sewer available
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Melbourne Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Remodeled Quadplex For Sale
Remodeled Quadplex For Sale

2012 Tree Ridge Lane NE, Palm Bay, FL 32905

$649,900
3,516 sqft 0.43 AC lot

Completely remodeled multifamily property with two units currently vacant and ready to rent.

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Approved Multifamily Waterfront Land
Approved Multifamily Waterfront Land

Sfr-1853 Wabun St Ne, Palm Bay, FL 32905

$1,495,000
1,184 sqft

1.77-acre parcel with direct Indian River Lagoon frontage and an approved site plan for 35 water-facing multifamily units.

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Multifamily Investment Opportunity in Melbourne
Multifamily Investment Opportunity in Melbourne

2716 RIVERVIEW DRIVE A, Melbourne, FL 32901

$1,100,000
3,194 sqft 0.49 AC lot

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

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Proposed Mixed-Use Development Site
Proposed Mixed-Use Development Site

3999 S Babcock St #5, Melbourne, FL 32901

Contact for pricing
374,616 sqft

Sustainable mixed-use development site in Melbourne City Center.

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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.

Hutchinson Island Land For Sale
Hutchinson Island Land For Sale

5306 Keel Way, Hutchinson Island, FL 34949

$168,000

Land available on Hutchinson Island, suitable for development.

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Coastal Development Site on A1A
Coastal Development Site on A1A

4235 N Hwy A1A, Fort Pierce, FL 34949

Contact for pricing
20.98 AC lot

20.98 acres on Hutchinson Island, Florida's Treasure Coast.

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Waterfront RV Lot with Private Dock
Waterfront RV Lot with Private Dock

568 WATERWAY Drive, River Ranch, FL 33867

$315,000
0.07 AC lot

Privately owned waterfront RV lot with private dock and new pavilion, electricity, and a full-size shed.

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Waterfront RV Resort Site
Waterfront RV Resort Site

436 WATERWAY Drive, River Ranch, FL 33867

$300,000
0.07 AC lot

Waterfront lot with dock and seawall improvements, including electric and water access at the dock.

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Off-Market Properties in Melbourne Beach, FL

Consider similar Off-Market properties in Melbourne Beach, 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.

508 Ocean Ave
Multifamily properties

508 Ocean Ave, Melbourne Beach, FL 32951

Value Estimation by Request
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508 Ocean Ave
Multifamily properties

508 Ocean Ave, Melbourne Beach, FL 32951

Value Estimation by Request
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0000 Highway A1A
Multifamily properties

0000 Highway A1A, Melbourne Beach, FL 32951

Value Estimation by Request
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Melbourne Beach, FL Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Melbourne Beach, FL on our real estate platform. These investment opportunities span a total of 3,722 square feet of properties for sale, with an estimated market value of $1,350,000.

Sale prices for multifamily properties in Melbourne Beach, FL average $1,350,000 — 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

Quadplexes 1

Demographics Overview

Population 11K
Population Growth (5Y) -7.2%
Median Household Income $88,859
College Educated 73.9%

High-Yield Neighborhoods for Investment

Identify Melbourne Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32951 $324.9K

Taxes & Financing

Tax Rate (average for all types) 1.25%
Property Tax per SF $19.55 per SF
Tax Rate vs County Average 0.21 pp below 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

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