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Melbourne, FL Residential Income Properties for Sale

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West Melbourne, FL Palm Bay, FL Indialantic, FL Melbourne Beach, FL Malabar, FL Indian Harbour Beach, FL Merritt Island, FL Satellite Beach, FL
20 properties
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Legal Duplex with Dock
Updated: Jun 8
Legal Duplex with Dock

4480 S Highway 1, Grant, FL 32949

$1,448,000
2,168 sqft 1.18 AC lot
Legal duplex with units configured as 2/2 and 2/1, plus option to combine to 4/3
TU‑1 zoning
Built in 2022 with impact windows, central heating and central air, and tile flooring
300' dock with two lifts on Indian River waterfront with navigable water and river access
Gated driveway parking plus fenced property and mature oaks on a large lot
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Historic Quadplex with Updated Systems
Updated: May 1
Historic Quadplex with Updated Systems

658 Young Street, Melbourne, FL 32935

$625,000
3,144 sqft 0.11 AC lot
Four 1BR/1BA units with 3,144 square feet of total property size
0.11‑acre parcel in Melbourne’s Eau Gallie Arts District
2022 roof, new plumbing, some new electrical, and tankless water heaters
Each unit has two ductless wall‑mounted mini‑split systems
Two units include stackable washer/dryers
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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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Updated 2-Bedroom Residential Income Property
Updated 2-Bedroom Residential Income Property

3135 Shady Dell Lane, Melbourne, FL 32935

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977 sqft

Second-floor unit offers renovated baths, a screened balcony, community amenities, and an in-place lease through December 2026.

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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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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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Well-Maintained Duplex Investment
Well-Maintained Duplex Investment

421 Butler Street, Melbourne, FL 32901

$249,000
1,125 sqft

Two separate units include a newer central air system, plus a recent roof and exterior paint within five years.

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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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Melbourne Multifamily Investment Opportunity
Melbourne Multifamily Investment Opportunity

825 E University Blvd, Melbourne, FL 32901

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37,800 sqft

Multifamily property for sale in Melbourne, Florida.

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Renovated Furnished Apartment Building
Renovated Furnished Apartment Building

1207 E River Drive, Melbourne, FL 32901

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0.52 AC lot

Nineteen furnished studios are professionally managed near the Indian River.

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Renovated Four-Unit Quadplex
Renovated Four-Unit Quadplex

1809 Highland Ave, Melbourne, FL 32935

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Updated residential income property with refreshed interiors, building systems, and a private garage serving one unit.

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Furnished Duplex with Modern Design
Furnished Duplex with Modern Design

603 E New Haven Avenue, Melbourne, FL 32901

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1,356 sqft

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

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Historic Mixed-Use Income Building
Historic Mixed-Use Income Building

1584-1590 Highland Avenue, Melbourne, FL 32935

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C3 zoned mixed-use property with a first-level salon/medi spa and 11 upper-level rooming units, fully leased.

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Six-Unit Apartment Building
Six-Unit Apartment Building

2005 Carlton Dr, Melbourne, FL 32935

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Fully rented apartment property with loft and conventional one-bedroom units, including renovated residences and additional upgrade scope.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

917 E New Haven Avenue, Melbourne, FL 32901

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Includes commercial suites, apartments, and a separate self-contained building fronting Melbourne Court.

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Residential Income Property Lot
Residential Income Property Lot

1912 glendon drive, Melbourne, FL 32901

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Lot with potential R-P, C-1A, and C-2 zoning for residential or commercial use.

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Riverfront Triplex
Riverfront Triplex

2121 Pineapple Ave, Melbourne, FL 32935

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Three-unit waterfront property with updated plumbing, sewer lines, roofing, and HVAC serving the house.

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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.

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Updated Property on Busy US1
Updated Property on Busy US1

4104 N Highway 1, Melbourne, FL 32935

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3.44 AC lot

Large property with updated buildings and high-traffic frontage on US1.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Melbourne, FL, we suggest to view alternatives - similar 52 Off-Market properties to explore as potential leads.

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

825 University Blvd, Melbourne, FL 32901-7173

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

2307 Pizarro Ln, Melbourne, FL 32940-7525

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

2544 Judge Fran Jamieson Way, Melbourne, FL 32940

$20,495,000
Estimated value
141,194 sqft 12.95 AC lot
View details

Melbourne, FL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Melbourne, FL, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 48,688 square feet of properties for sale, with an estimated market value of $11,005,600.

Sale prices for residential income properties in Melbourne, FL start at $249,000, averaging $1,222,844, 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

Multifamily properties 26
Duplexes 7
Apartment buildings 5
Quadplexes 5
Short term rental properties 4

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
32935 $472K
32901 $1.4M

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 pricing trends across core commercial property types in Brevard County

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Residential Income

Property Size Breakdown

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

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