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    Melbourne, FL Multifamily Properties for Sale

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    Palm Bay, FL West Melbourne, FL Melbourne Beach, FL
    12 results
    Spacious Duplex in Melbourne, FL
    $475,000
    2,658 SF

    Spacious Duplex in Melbourne, FL

    1778 & 1780 Stewart Place, Melbourne, FL 32935

    Full duplex with six bedrooms, four bathrooms, and two garages.

    • Full duplex offering two units, ideal for investors or owner‑occupants seeking rental income.
    • Each unit features 3 bedrooms and 2 full bathrooms, providing ample living space.
    • Includes in‑unit laundry rooms and a 1‑car garage for each unit, adding convenience and value.
    • Totaling 3,234 sq ft with 6 bedrooms and 4 bathrooms.
    • Conveniently located near Canova Beach Park, the airport, a hospital, Florida Institute of Technology, and major employers.
    Updated: May 13
    View details
    Two-Unit Duplex Investment
    $390,000
    1,560 SF

    Two-Unit Duplex Investment

    1697 Avocado Avenue, Melbourne, FL 32935

    Well-located duplex with two 2-bedroom, 1-bath units, carports, and laundry hookups, offering income and update potential.

    • Duplex built in 1953 with 2 units, each offering 2 bedrooms and 1 bathroom
    • Each unit includes car ports, AC wall/window units, and indoor laundry hookups
    • Brand new shingle roof plus new exterior paint
    • Block/concrete/stucco construction with terrazzo and vinyl flooring
    • Public water and public sewer; cable available
    Updated: May 18
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    Mixed-Use Property in Prime Location
    $229,900
    1,026 SF

    Mixed-Use Property in Prime Location

    Flexible residential/professional property with income potential in Melbourne, Florida.

    842 Torrence Lane, Melbourne, FL 32935
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    Restored Multifamily in Arts District
    $625,000
    3,144 SF

    Restored Multifamily in Arts District

    Turnkey investment property near Eau Gallie Marina with strong income potential.

    658 Young Street, Melbourne, FL 32935
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    Mixed-Use Property with Rental Income
    $750,000
    2,060 SF

    Mixed-Use Property with Rental Income

    Versatile mixed-use property with residential and commercial potential.

    Grant Valkaria, FL 32949
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    Apartment Investment Near Florida Tech
    $30,000,000

    Apartment Investment Near Florida Tech

    Value-add property near Florida Tech with significant capital improvements.

    150 & 220 E University Blvd, Melbourne, FL 32901
    View details
    Melbourne Townhome Apartment Building
    $5,750,000

    Melbourne Townhome Apartment Building

    42-unit townhome property in Melbourne, Florida's Space Coast.

    825 E University Blvd, Melbourne, FL 32901
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    Mixed-Use Property with High Exposure
    $2,149,000
    8,607 SF

    Mixed-Use Property with High Exposure

    Mixed-use property with commercial and residential units in high-traffic area.

    2016 Melbourne Ct, Melbourne, FL
    View details
    Multifamily Investment Opportunity in Melbourne
    $1,100,000
    3,194 SF

    Multifamily Investment Opportunity in Melbourne

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

    2716 RIVERVIEW DRIVE A, Melbourne, FL 32901
    View details
    Melbourne Multifamily Investment Opportunity
    $5,750,000
    37,800 SF

    Melbourne Multifamily Investment Opportunity

    Multifamily property for sale in Melbourne, Florida.

    825 E University Blvd, Melbourne, FL 32901
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    High Visibility Commercial Land Parcel
    $950,000
    1.05 Acres

    High Visibility Commercial Land Parcel

    1.05 acre commercial land with high visibility and access.

    2815 S Harbor City Boulevard, Melbourne, FL 32901
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    Proposed Mixed-Use Development Site
    Contact for pricing
    374,616 SF

    Proposed Mixed-Use Development Site

    Sustainable mixed-use development site in Melbourne City Center.

    3999 S Babcock St #5, Melbourne, FL 32901
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Melbourne, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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.

    Turnkey Investment Condo Portfolio
    $999,000
    5,484 SF

    Turnkey Investment Condo Portfolio

    Six fully rented condos with recent updates and positive cashflow.

    1656 Sunny Brook Lane NE, Palm Bay, FL 32905
    View details
    Beachside Duplex with Income Potential
    $539,900
    1,824 SF

    Beachside Duplex with Income Potential

    Concrete block duplex near beach, ideal for investors or owner-occupants.

    574 Grant Avenue, Satellite Beach, FL 32937
    View details
    Mixed-Use 4-Plex in Satellite Beach
    $979,000
    4,550 SF

    Mixed-Use 4-Plex in Satellite Beach

    Income-producing 4-plex with residential and commercial units near the beach.

    565 Jackson Avenue, Satellite Beach, FL 32937
    View details
    Palm Bay Multifamily Development Land
    $720,000
    1.97 Acres

    Palm Bay Multifamily Development Land

    1.97 acre multifamily lot zoned for up to 25 units.

    1460 Par Street NE, Palm Bay, FL 32907
    View details

    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.

    Recreational Land Near St Cloud
    Contact for pricing
    1.25 Acres

    Recreational Land Near St Cloud

    1.25 acre recreational lot perfect for outdoor activities.

    Saint Cloud, FL 34771
    View details
    Vacant Land in St. Cloud
    Contact for pricing

    Vacant Land in St. Cloud

    Vacant land available in St. Cloud, Florida.

    Saint Cloud, FL 34771
    View details
    Waterfront Lot on Canal
    $95,000
    0.07 Acres

    Waterfront Lot on Canal

    Waterfront vacant lot on canal leading to Lake Center.

    Saint Cloud, FL 34771
    View details
    Hutchinson Island Land For Sale
    $190,000

    Hutchinson Island Land For Sale

    Land available on Hutchinson Island, suitable for development.

    5306 Keel Way, Hutchinson Island, FL 34949
    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
    365 SF Lot: 6.21 Acres
    Estimated value
    $1,395,000
    Unit 15

    4090 Aurora Rd Lot, Melbourne, FL 32934-7165

    View details
    825 University Blvd, Unit 101
    APARTMENT HOUSE (5+ UNITS)
    9,030 SF Lot: 2.08 Acres
    Unit 101

    825 University Blvd, Melbourne, FL 32901-7173

    View details
    2307 Pizarro Ln, Unit 1201
    APARTMENT HOUSE (5+ UNITS)
    32,244 SF Lot: 13.29 Acres
    Estimated value
    $68,000,000
    Unit 1201

    2307 Pizarro Ln, Melbourne, FL 32940-7525

    View details
    2544 Judge Fran Jamieson Way
    APARTMENT HOUSE (5+ UNITS)
    141,194 SF Lot: 12.95 Acres
    Estimated value
    $20,495,000

    2544 Judge Fran Jamieson Way, Melbourne, FL 32940

    View details
    540 Hibiscus Blvd
    APARTMENT HOUSE (5+ UNITS)
    47,478 SF Lot: 2.00 Acres
    Estimated value
    $4,320,000

    540 Hibiscus Blvd, Melbourne, FL 32901-3229

    View details
    1207 Riv Dr
    APARTMENT HOUSE (5+ UNITS)
    7,977 SF Lot: 0.52 Acres
    Value Estimation by Request

    1207 Riv Dr, Melbourne, FL 32901-7358

    View details
    204 Seminole Ave
    APARTMENT HOUSE (5+ UNITS)
    15,314 SF Lot: 0.62 Acres
    Estimated value
    $2,065,000

    204 Seminole Ave, Melbourne, FL 32901-2962

    View details
    115 Seminole Ave
    APARTMENT HOUSE (5+ UNITS)
    16,384 SF Lot: 0.57 Acres
    Estimated value
    $2,965,000

    115 Seminole Ave, Melbourne, FL 32901-2958

    View details
    1625 Elizabeth St
    APARTMENT HOUSE (5+ UNITS)
    3,944 SF Lot: 0.75 Acres
    Estimated value
    $4,000,000

    1625 Elizabeth St, Melbourne, FL 32901-4323

    View details
    3151 Babcock St
    APARTMENT HOUSE (5+ UNITS)
    22,128 SF Lot: 11.74 Acres
    Estimated value
    $2,040,000

    3151 Babcock St, Melbourne, FL 32901-6913

    View details
    2424 Metfield Dr
    HIGH-RISE APARTMENTS
    143,835 SF Lot: 11.64 Acres
    Estimated value
    $13,020,000

    2424 Metfield Dr, Melbourne, FL 32940-5308

    View details
    100 University Blvd
    APARTMENT HOUSE (5+ UNITS)
    19,352 SF Lot: 6.88 Acres
    Estimated value
    $1,685,000

    100 University Blvd, Melbourne, FL 32901-7653

    View details

    Melbourne, FL Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Melbourne, FL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 60,049 square feet of properties for sale, with an estimated market value of $11,468,900.

    Sale prices for multifamily properties in Melbourne, FL start at $229,900, averaging $1,433,612, and reaching up to $5,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 6
    Duplexes 3
    Quadplexes 1
    Small apartment buildings 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    32935 $430K
    32901 $8.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.44%
    Property Tax per SF $22.92 per sq ft
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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