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    Melbourne, FL
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    Melbourne, FL Multifamily Properties for Sale

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    West Melbourne, FL Palm Bay, FL Indialantic, FL Melbourne Beach, FL Malabar, FL Merritt Island, FL Indian Harbour Beach, FL Satellite Beach, FL
    16 properties
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    Mixed-Use Building with Apartments
    Updated: Sep 3
    Mixed-Use Building with Apartments

    2012 Vernon Place, Melbourne, FL 32901

    $2,500,000
    4,800 sqft 0.18 AC lot
    4,800‑square‑foot mixed‑use building with two commercial suites and two apartments
    Two permitted commercial or medical office suites with separate entrances and an interior connecting door
    Two remodeled upstairs apartments, each with 2 bedrooms and 1 bath
    Separate electric meters serve all four units; one shared water meter
    Owned parking lot, security fencing, exterior lighting, and separate storage area
    View details
    Three-Unit Triplex
    Updated: Sep 14
    Three-Unit Triplex

    2270 Wood Street, Melbourne, FL 32904

    $275,000
    1,774 sqft 0.40 AC lot
    Three‑unit property with 1,774 square feet of building area
    0.4‑acre parcel at 2270 Wood Street in Melbourne
    Built in 1952; frame construction and tile flooring
    Three bedrooms and three bathrooms
    Well water and septic tank
    View details
    Riverfront Duplex
    Riverfront Duplex

    Grant Valkaria, FL 32949

    $1,448,000
    2,168 sqft 1.18 AC lot

    A two-unit residence includes navigable river access, a private well, and gated driveway parking.

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    See hot listings in Melbourne

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Two-Unit Duplex Near Beach
    Two-Unit Duplex Near Beach

    148 OCEAN VIEW LANE, Melbourne, FL 32903

    $610,000
    1,768 sqft

    Income-producing duplex with two leased residences and a recently replaced roof.

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    Duplex with Riverfront Dock
    Duplex with Riverfront Dock

    4480 S Highway 1, Grant, FL 32949

    $1,448,000
    2,168 sqft 1.18 AC lot

    Two living units can operate separately or form a combined four-bedroom, three-bath residence.

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    Historic Four-Unit Quadplex
    Historic Four-Unit Quadplex

    658 Young Street, Melbourne, FL 32935

    $600,000
    3,144 sqft 0.11 AC lot

    Remodeled multifamily property with individual kitchens, bonus rooms, mini-split systems, and stacked laundry in every residence.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Concrete Block Duplex with Garages
    Concrete Block Duplex with Garages

    1760&1766 Mason Terrace, Melbourne, FL 32935

    $599,900
    2,432 sqft 0.26 AC lot

    Two occupied units offer distinct layouts, updated systems, and public water and sewer.

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    Three-Unit Triplex Property
    Three-Unit Triplex Property

    2270 Wood St, Melbourne, FL 32904

    $275,000
    1,774 sqft

    Three-unit configuration with access to shopping, dining, schools, and major roadways.

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    12-Unit Apartment Building
    12-Unit Apartment Building

    168-238 Hidden Woods Place, Melbourne, FL 32901

    $3,895,000
    0.10 AC lot

    Newly built townhome-style residences offer individual deeds, attached garages, and covered porches in Melbourne.

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    Under-Construction Quadplex with Garages
    Under-Construction Quadplex with Garages

    168-198 Hidden Woods Place, Melbourne, FL 32901

    $1,299,900
    0.10 AC lot

    Fully leased four-unit property with individually deeded townhomes and flexible rental options.

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    Triplex with Separate Laundry Hookups
    Triplex with Separate Laundry Hookups

    1620-1622 Peachtree St, Melbourne, FL 32901

    $569,900
    2,118 sqft

    Three residential units offer a varied floor-plan mix and individual washer-and-dryer connections.

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    Concrete Quadplex with Townhome Units
    Concrete Quadplex with Townhome Units

    208-238 Hidden Woods Place, Melbourne, FL 32901

    $1,299,900
    0.09 AC lot

    Four individually deeded townhome units offer varied layouts, private garages, and no rental restrictions.

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    Individually Deeded Quadplex
    Individually Deeded Quadplex

    207-237 Hidden Woods Place, Melbourne, FL 32901

    $1,299,900
    0.10 AC lot

    Four townhome-style residences combine distinct unit ownership with varied layouts, garages, covered porches, and impact windows.

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    Melbourne Multifamily Investment Opportunity
    Melbourne Multifamily Investment Opportunity

    825 E University Blvd, Melbourne, FL 32901

    Contact for pricing
    37,800 sqft

    Multifamily property for sale in Melbourne, Florida.

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    Furnished Duplex with Modern Design
    Furnished Duplex with Modern Design

    603 E New Haven Avenue, Melbourne, FL 32901

    Contact for pricing
    1,356 sqft

    Updated, furnished duplex with short-term rental approval in downtown Melbourne.

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    Furnished Two-Unit Duplex
    Furnished Two-Unit Duplex

    889-881 Sarno Road, Melbourne, FL 32935

    $319,000

    Fully furnished duplex with separate utilities and dedicated laundry rooms for both units.

    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Melbourne, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Unit Duplex
    Two-Unit Duplex

    2663 Kingswood Dr NE, Palm Bay, FL 32905

    $209,900
    1,845 sqft

    The property combines a two-bedroom residence with a separate one-bedroom residence.

    View details
    Updated Four-Unit Quadplex
    Updated Four-Unit Quadplex

    4311 Tree Ridge Lane NE, Palm Bay, FL 32905

    $629,000
    3,480 sqft 0.61 AC lot

    Income-producing four-unit property with two renovated residences, central HVAC, fenced grounds, and public utilities.

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    Cocoa Beach Boutique Rental Complex
    Cocoa Beach Boutique Rental Complex

    637 S ORLANDO AVENUE, Cocoa Beach, FL 32931

    $3,545,000
    8,177 sqft 0.49 AC lot

    Turnkey, fully renovated 13-unit short-term rental complex near Cocoa Beach.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1630 S Atlantic Avenue, Cocoa Beach, FL 32931

    Contact for pricing

    Beachside income property with updated electrical, plumbing, and separate electric meters for every residence.

    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.

    4090 Aurora Rd Lot, Unit 15
    MOBILE HOME PARK, TRAILER PARK

    4090 Aurora Rd Lot, Melbourne, FL 32934-7165

    Unit 15
    Estimated value:
    $1,475,000
    365 sqft 6.21 AC lot
    View details
    825 University Blvd, Unit 101
    APARTMENT HOUSE (5+ UNITS)

    825 University Blvd, Melbourne, FL 32901-7173

    Unit 101
    Estimated value:
    $4,500,000
    9,030 sqft 2.08 AC lot
    View details
    2307 Pizarro Ln, Unit 1201
    APARTMENT HOUSE (5+ UNITS)

    2307 Pizarro Ln, Melbourne, FL 32940-7525

    Unit 1201
    Estimated value:
    $68,000,000
    32,244 sqft 13.29 AC lot
    View details
    2544 Judge Fran Jamieson Way
    APARTMENT HOUSE (5+ UNITS)

    2544 Judge Fran Jamieson Way, Melbourne, FL 32940

    Estimated value:
    $20,495,000
    141,194 sqft 12.95 AC lot
    View details
    540 Hibiscus Blvd
    APARTMENT HOUSE (5+ UNITS)

    540 Hibiscus Blvd, Melbourne, FL 32901-3229

    Estimated value:
    $4,320,000
    47,478 sqft 2.00 AC lot
    View details
    1207 Riv Dr
    APARTMENT HOUSE (5+ UNITS)

    1207 Riv Dr, Melbourne, FL 32901-7358

    Estimated value:
    $195,000
    7,977 sqft 0.52 AC lot
    View details
    204 Seminole Ave
    APARTMENT HOUSE (5+ UNITS)

    204 Seminole Ave, Melbourne, FL 32901-2962

    Estimated value:
    $1,605,000
    15,314 sqft 0.62 AC lot
    View details
    115 Seminole Ave
    APARTMENT HOUSE (5+ UNITS)

    115 Seminole Ave, Melbourne, FL 32901-2958

    Estimated value:
    $3,005,000
    16,384 sqft 0.57 AC lot
    View details

    Melbourne, FL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Melbourne, FL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 61,302 square feet of properties for sale, with an estimated market value of $16,439,500.

    Sale prices for multifamily properties in Melbourne, FL start at $275,000, averaging $1,174,250, and reaching up to $3,895,000 — 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

    Duplexes 6
    Quadplexes 4
    Triplexes 3
    Apartment buildings 2
    Short term rental properties 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
    Indialantic - 32903 $610K
    Melbourne - 32901 $1.2M

    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 Residential Income pricing trends in Brevard County

    Residential Income

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Browse Multifamily properties for Sale Near Melbourne, FL

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    Most Searched ZIP Codes in Melbourne, FL

    • 32901
    • 32935
    • 32949
    • 32903
    • 32904

    Featured Melbourne Real Estate Agencies

    Realmo connects you with licensed Melbourne CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Realty Brevard
    4885 N Wickham Rd, Suite 101 Melbourne, FL 32940
    Phone: 13212591170
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