Residential Income

West Melbourne, FL Residential Income Properties for Sale

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Melbourne, FL Palm Bay, FL Indialantic, FL Malabar, FL Melbourne Beach, FL Merritt Island, FL
Triplex With Private Yards
Updated: Aug 11
Triplex With Private Yards

2264 W New Haven Avenue, West Melbourne, FL 32904

$650,000
4,160 sqft 0.21 AC lot
Three‑unit multifamily property with 4,160 square feet of building area
0.21‑acre parcel at 2264 W New Haven Avenue, West Melbourne, FL 32904
Each unit includes two stories, two bedrooms, and one full bathroom
Private backyard provided for each unit through glass slider doors
Fully rented to long‑term tenants
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Space Coast Town Center Development
Updated: Nov 21, 2025
Space Coast Town Center Development

US-192 & St Johns Heritage Pkwy, West Melbourne, FL 32904

Contact for pricing
350,000 sqft
High‑demand location in the growing Florida Space Coast region.
Combines multi‑family, office, and retail spaces.
Targets local employees in high‑tech and STEM industries.
Visible from the Interstate, offering convenient access.
Significant retail space: 350,000 SF.
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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
Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in West Melbourne, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

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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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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Updated Quadplex
Updated Quadplex

4311 Tree Ridge Ln NE, Palm Bay, FL 32905

$629,000
3,480 sqft

Four-unit property includes two remodeled residences and established tenancy.

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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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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.

Commercial Land with Public Water
Commercial Land with Public Water

198 Emerson Drive NW, Palm Bay, FL 32907

$195,000
1.10 AC lot

Commercial-residential zoning and public water service support a range of future development possibilities.

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Melbourne Land Parcel For Sale
Melbourne Land Parcel For Sale

107 Silver Palm Avenue, Melbourne, FL 32901

Contact for pricing
1.25 AC lot

1.25-acre parcel in Melbourne, Florida, near medical complexes.

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Vacant Land in Melbourne, FL
Vacant Land in Melbourne, FL

50 Elton Street, Melbourne, FL 32935

$195,000
0.37 AC lot

Vacant land with pre-approved townhouses near beach and downtown.

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Downtown Melbourne Assemblage Opportunity
Downtown Melbourne Assemblage Opportunity

2013 2101 Vernon Place, Melbourne, FL 32901

$1,039,800
0.44 AC lot

Prime downtown Melbourne land assemblage for redevelopment.

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Off-Market Properties in West Melbourne, FL

Consider similar Off-Market properties in West 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.

2268 New Hvn Ave
APARTMENT HOUSE (5+ UNITS)

2268 New Hvn Ave, West Melbourne, FL 32904-3874

Estimated value:
$875,000
3,120 sqft 0.71 AC lot
View details
4532 Explorer Dr
APARTMENT HOUSE (5+ UNITS)

4532 Explorer Dr, West Melbourne, FL 32904-6919

Estimated value: by Request
45,610 sqft 23.05 AC lot
View details
233 Shetland Ln Mail Kiosk
APARTMENT HOUSE (5+ UNITS)

233 Shetland Ln Mail Kiosk, West Melbourne, FL 32904

Estimated value: by Request
35,309 sqft 21.22 AC lot
View details
89 Irwin Ave
APARTMENT HOUSE (5+ UNITS)

89 Irwin Ave, West Melbourne, FL 32904-4069

Estimated value:
$1,010,000
5,960 sqft 0.58 AC lot
View details
7500 Greenboro Dr
APARTMENT HOUSE (5+ UNITS)

7500 Greenboro Dr, West Melbourne, FL 32904-1683

Estimated value: by Request
9,188 sqft 23.21 AC lot
View details
101 Beth Ln, Unit 390
APARTMENT HOUSE (5+ UNITS)

101 Beth Ln, West Melbourne, FL 32904-8101

Unit 390
Estimated value:
$1,110,000
10,182 sqft 27.19 AC lot
View details
4012 Merrillville Dr
APARTMENT HOUSE (5+ UNITS)

4012 Merrillville Dr, West Melbourne, FL 32904-6186

Estimated value:
$3,080,000
28,993 sqft 65.30 AC lot
View details
888 Aventine Drdog
HIGH-RISE APARTMENTS

888 Aventine Drdog, West Melbourne, FL 32904

Estimated value:
$6,635,000
87,358 sqft 12.96 AC lot
View details

West Melbourne, FL Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in West Melbourne, FL on our real estate platform. These investment opportunities span a total of 354,160 square feet of properties for sale, with an estimated market value of $650,000.

Sale prices for residential investment properties in West Melbourne, FL average $650,000 — 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 1
Triplexes 1

Demographics Overview

Population 37K
Population Growth (5Y) +18.2%
Median Household Income $86,943
College Educated 27.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Melbourne - 32904 $650K

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

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