Real Estate Investment Properties for Sale in Melbourne, FL

Looking for investment property in Melbourne, FL with high ROI ?

Explore a variety of short-term homes & houses in Melbourne, FL. Invest wisely with VRBO & Melbourne, FL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Melbourne, FL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3029 VALLEJO WAY Melbourne, FL Bright and Spacious End Unit Villa in Heritage Isles This inviting one-story end-unit vil...	2 beds \| 2 baths \| 1,532 sq.ft.	$329,999	Airbnb cash on cash: 1.31% Traditional cash on cash: 2.81% Airbnb Rental Income: $2196 Traditional Rental Income: $2106 Airbnb ROI: 1.31% Traditional ROI: 2.81%
5336 Kirkwall Circle Melbourne, FL NEW FLOORING BEING INSTALLED! Welcome to 5336 Kirkwall Circle, an exquisite 2,741 sq,ft, c...	4 beds \| 3 baths \| 2,741 sq.ft.	$970,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 1.7% Airbnb Rental Income: $3510 Traditional Rental Income: $3213 Airbnb ROI: 1.17% Traditional ROI: 1.7%
3564 Province Drive Melbourne, FL Pristine location near Lake Washington. Build this home (Buxton Bay floor plan pictured he...	4 beds \| 3 baths \| 2,596 sq.ft.	$899,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 2.07% Airbnb Rental Income: $3510 Traditional Rental Income: $2907 Airbnb ROI: 1.86% Traditional ROI: 2.07%
2727 N Wickham Road #2014 Melbourne, FL Welcome to Melbourne's 55+ Community of Sun 'N Green. This move-in-ready 2nd-floor unit o...	2 beds \| 2 baths \| 1,190 sq.ft.	$189,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 4.43% Airbnb Rental Income: $2196 Traditional Rental Income: $1738 Airbnb ROI: 3.89% Traditional ROI: 4.43%
2260 Front Street #407 Melbourne, FL Perfectly located in Melbourne Harbor. 3 Bed/2 Bath Penthouse, in Highly Desired Windward ...	3 beds \| 2 baths \| 2,176 sq.ft.	$674,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 0.78% Airbnb Rental Income: $2798 Traditional Rental Income: $2732 Airbnb ROI: -0.15% Traditional ROI: 0.78%
1001 W Eau Gallie Boulevard #211 Melbourne, FL Beautiful and bright 1 bedroom 1.5 bath end unit condo located just a very short jaunt to ...	1 beds \| 1 baths \| 828 sq.ft.	$175,000	Airbnb cash on cash: 4.17% Traditional cash on cash: 4.96% Airbnb Rental Income: $1956 Traditional Rental Income: $1572 Airbnb ROI: 4.17% Traditional ROI: 4.96%
2315 Early Dawn Circle Melbourne, FL ((( EFFECTIVE YEAR 2019!! ))) CONVENIENT WATERFRONT LIVING IN A PRIVATE CUL-DE-SAC! MAGNIF...	2 beds \| 2 baths \| 1,139 sq.ft.	$429,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 3.89% Airbnb Rental Income: $2196 Traditional Rental Income: $2160 Airbnb ROI: 2.6% Traditional ROI: 3.89%
3401 Terramore Drive Melbourne, FL Welcome to your dream retreat in a serene gated community, right in the heart of Viera! Th...	3 beds \| 3 baths \| 2,164 sq.ft.	$745,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 2.06% Airbnb Rental Income: $2798 Traditional Rental Income: $2766 Airbnb ROI: 1.17% Traditional ROI: 2.06%
1379 Rose Court Melbourne, FL Effective age of 2022!! Nestled on a serene private cul-de-sac this completely renovated 3...	3 beds \| 3 baths \| 2,380 sq.ft.	$1,280,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 0.64% Airbnb Rental Income: $2798 Traditional Rental Income: $3321 Airbnb ROI: -0.35% Traditional ROI: 0.64%
1001 W Eau Gallie Boulevard #330 Melbourne, FL Come see this adorable 1 bed 1.5 bath canal front condo, freshly painted, and move in read...	1 beds \| 1 baths \| 828 sq.ft.	$164,900	Airbnb cash on cash: 3.43% Traditional cash on cash: 4.27% Airbnb Rental Income: $1956 Traditional Rental Income: $1572 Airbnb ROI: 3.43% Traditional ROI: 4.27%
3296 Constellation Drive Melbourne, FL WOW! Pineda Ridge beauty, 3 bed, 2 bath, 2 car garage with a beautiful backyard with matur...	3 beds \| 2 baths \| 1,801 sq.ft.	$474,999	Airbnb cash on cash: 3.46% Traditional cash on cash: 4.13% Airbnb Rental Income: $2798 Traditional Rental Income: $2444 Airbnb ROI: 3.46% Traditional ROI: 4.13%
2581 Locksley Road Melbourne, FL Welcome to this stunning single family home in the desirable community of Sherwood Park. T...	3 beds \| 2 baths \| 1,408 sq.ft.	$279,000	Airbnb cash on cash: 6.25% Traditional cash on cash: 6.57% Airbnb Rental Income: $2798 Traditional Rental Income: $2227 Airbnb ROI: 6.25% Traditional ROI: 6.57%
2040 Henry Avenue Melbourne, FL Welcome to your new home in the heart of West Melbourne! This beautifully designed 3-bedro...	3 beds \| 2 baths \| 1,615 sq.ft.	$325,000	Airbnb cash on cash: 5.01% Traditional cash on cash: 5.48% Airbnb Rental Income: $2798 Traditional Rental Income: $2286 Airbnb ROI: 5.01% Traditional ROI: 5.48%
3528 Reign Street Melbourne, FL Pool + Private Backyard. Discover the ultimate Florida lifestyle in this private pool home...	3 beds \| 2 baths \| 1,733 sq.ft.	$450,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 3.73% Airbnb Rental Income: $2798 Traditional Rental Income: $2405 Airbnb ROI: 3.11% Traditional ROI: 3.73%
1259 Corbett Lane Melbourne, FL THIS PRISTINE HOME IS MOVE IN READY! Must see this very well maintained home with a new ro...	4 beds \| 2 baths \| 1,930 sq.ft.	$439,000	Airbnb cash on cash: 4.44% Traditional cash on cash: 3.78% Airbnb Rental Income: $3510 Traditional Rental Income: $2467 Airbnb ROI: 4.44% Traditional ROI: 3.78%
1240 Ambra Drive Melbourne, FL 3BD/2BA PLUS AN OFFICE/FLEX ROOM! Welcome to your renovated dream home with a stunning ...	3 beds \| 2 baths \| 1,570 sq.ft.	$449,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 3.67% Airbnb Rental Income: $2798 Traditional Rental Income: $2537 Airbnb ROI: 2.73% Traditional ROI: 3.67%
7325 Livingstone Lane Melbourne, FL Discover the perfect blend of modern living and spacious tranquility in this stunning bran...	3 beds \| 3 baths \| 3,104 sq.ft.	$1,225,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 0.99% Airbnb Rental Income: $2798 Traditional Rental Income: $2844 Airbnb ROI: 0.37% Traditional ROI: 0.99%
1767 Clover Circle Melbourne, FL Wonderfully located! This spacious 4 bedroom 3 bathroom home sits on a Corner Lot of the w...	4 beds \| 3 baths \| 1,695 sq.ft.	$329,900	Airbnb cash on cash: 5.85% Traditional cash on cash: 5.43% Airbnb Rental Income: $3510 Traditional Rental Income: $2607 Airbnb ROI: 5.85% Traditional ROI: 5.43%
2960 Clearlake Drive #6 Melbourne, FL NEW ROOF JUST INSTALLED! Welcome to your dream townhouse, where modern living meets urban ...	3 beds \| 2 baths \| 1,628 sq.ft.	$325,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 4.73% Airbnb Rental Income: $2798 Traditional Rental Income: $2218 Airbnb ROI: 4.49% Traditional ROI: 4.73%
108 Osprey Court Melbourne, FL Exquisitely updated, one-story end-unit located in prestigious Suntree. This 2 BR + Den, 2...	2 beds \| 2 baths \| 1,870 sq.ft.	$339,900	Airbnb cash on cash: 1.32% Traditional cash on cash: 3.43% Airbnb Rental Income: $2196 Traditional Rental Income: $2315 Airbnb ROI: 1.32% Traditional ROI: 3.43%
1531 Independence Avenue Melbourne, FL Lovely expanded Denver model, located in a private, military country club community. This ...	2 beds \| 2 baths \| 1,642 sq.ft.	$335,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 5.09% Airbnb Rental Income: $2196 Traditional Rental Income: $2200 Airbnb ROI: 3.31% Traditional ROI: 5.09%
578 Lake Ashley Circle Melbourne, FL 2-Story Concrete Block Home 4-Bedroom, 3-Full Baths, Truss Screened Porch, 2-Fireplaces (G...	4 beds \| 3 baths \| 2,839 sq.ft.	$634,950	Airbnb cash on cash: 2.69% Traditional cash on cash: 3.64% Airbnb Rental Income: $3510 Traditional Rental Income: $3296 Airbnb ROI: 2.69% Traditional ROI: 3.64%
784 Tomkins Street Melbourne, FL This charming corner-lot home is perfect for small families, first-time buyers, or investo...	3 beds \| 2 baths \| 1,280 sq.ft.	$249,900	Airbnb cash on cash: 6.46% Traditional cash on cash: 6.57% Airbnb Rental Income: $2798 Traditional Rental Income: $2168 Airbnb ROI: 6.46% Traditional ROI: 6.57%
1900 Jacques Drive Melbourne, FL VIERA POOL HOME- Enter your next chapter of living in the highly sought after community of...	3 beds \| 2 baths \| 1,723 sq.ft.	$499,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 3.45% Airbnb Rental Income: $2798 Traditional Rental Income: $2477 Airbnb ROI: 2.73% Traditional ROI: 3.45%
551 Avignon Drive Melbourne, FL A most excellent move-in ready Florida home that is both low maintenance and hurricane rei...	3 beds \| 2 baths \| 1,270 sq.ft.	$280,000	Airbnb cash on cash: 5.93% Traditional cash on cash: 6.2% Airbnb Rental Income: $2798 Traditional Rental Income: $2214 Airbnb ROI: 5.93% Traditional ROI: 6.2%
2150 N Highway A1a #308 Melbourne, FL Coastal Living with OCEAN VIEW! Modern 2 Bedroom, 2 Bath, 1 Car garage Plus Storage, New L...	2 beds \| 2 baths \| 1,465 sq.ft.	$384,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 2.22% Airbnb Rental Income: $2196 Traditional Rental Income: $2273 Airbnb ROI: 0.47% Traditional ROI: 2.22%
283 Murano Drive Melbourne, FL Your new home or get away is nestled in a tranquil community near shopping and US 192 and ...	2 beds \| 2 baths \| 1,298 sq.ft.	$275,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 2.62% Airbnb Rental Income: $2196 Traditional Rental Income: $2003 Airbnb ROI: 1.23% Traditional ROI: 2.62%
3672 Tree Line Boulevard Melbourne, FL Act fast! This beautifully updated home, nestled on a corner lot in a peaceful cul-de-sac,...	2 beds \| 2 baths \| 1,115 sq.ft.	$295,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 3.79% Airbnb Rental Income: $2196 Traditional Rental Income: $1736 Airbnb ROI: 3.45% Traditional ROI: 3.79%
159 Eton Circle Melbourne, FL Nestled in the sought after Regents Walk community in Suntree, this property provides 2 be...	2 beds \| 2 baths \| 1,500 sq.ft.	$299,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 4.55% Airbnb Rental Income: $2196 Traditional Rental Income: $2192 Airbnb ROI: 2.6% Traditional ROI: 4.55%
1641 Independence Avenue Melbourne, FL Expanded WATERFRONT Austin model is a must-see! Located in a military, country club commun...	3 beds \| 2 baths \| 2,046 sq.ft.	$370,000	Airbnb cash on cash: 4.27% Traditional cash on cash: 6.43% Airbnb Rental Income: $2798 Traditional Rental Income: $2892 Airbnb ROI: 4.27% Traditional ROI: 6.43%
2260 Enjoya Lane Melbourne, FL *72 Hour Kick Out Clause*Gated WATERFRONT community w/POOL & FISHING PIER perched dire...	4 beds \| 2 baths \| 2,103 sq.ft.	$582,500	Airbnb cash on cash: 1.82% Traditional cash on cash: 1.98% Airbnb Rental Income: $3510 Traditional Rental Income: $2820 Airbnb ROI: 1.82% Traditional ROI: 1.98%
469 Linda Lane Melbourne, FL This stunning 3-bed, 2-bath home is a must see! Recently updated with a brand-new kitchen ...	3 beds \| 2 baths \| 1,910 sq.ft.	$450,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 4.27% Airbnb Rental Income: $2798 Traditional Rental Income: $2718 Airbnb ROI: 2.91% Traditional ROI: 4.27%
6254 Trieda Drive Melbourne, FL Welcome to your dream waterfront home in Viera Florida! The gated Daintree community is lo...	3 beds \| 2 baths \| 1,747 sq.ft.	$515,900	Airbnb cash on cash: 2.35% Traditional cash on cash: 3.27% Airbnb Rental Income: $2798 Traditional Rental Income: $2588 Airbnb ROI: 2.35% Traditional ROI: 3.27%
1262 #ed Drive Melbourne, FL Don't miss the chance to own this stunning 4-bed, 2-bath 2 car garage POOL HOME in a gated...	4 beds \| 2 baths \| 2,478 sq.ft.	$600,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 2.61% Airbnb Rental Income: $3510 Traditional Rental Income: $2671 Airbnb ROI: 2.73% Traditional ROI: 2.61%
3156 CALGARY STREET Melbourne, FL Stunning 3 bedroom and 2 bathroom pool home nestled on a lush 9,148 SqFt. lot located on a...	3 beds \| 2 baths \| 1,900 sq.ft.	$383,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 5.63% Airbnb Rental Income: $2798 Traditional Rental Income: $2821 Airbnb ROI: 3.74% Traditional ROI: 5.63%
2836 Wright Avenue Melbourne, FL Nestled in the heart of Melbourne, in the high demand neighborhood of Fountain Head this c...	3 beds \| 2 baths \| 1,524 sq.ft.	$335,900	Airbnb cash on cash: 5.45% Traditional cash on cash: 5.71% Airbnb Rental Income: $2798 Traditional Rental Income: $2226 Airbnb ROI: 5.45% Traditional ROI: 5.71%
3205 SOFT BREEZE CIRCLE Melbourne, FL Welcome to your own private oasis! This gorgeous updated home is in the heart of West Melb...	4 beds \| 3 baths \| 2,160 sq.ft.	$519,000	Airbnb cash on cash: 3.42% Traditional cash on cash: 3.13% Airbnb Rental Income: $3510 Traditional Rental Income: $2593 Airbnb ROI: 3.42% Traditional ROI: 3.13%
550 La Veta Drive Melbourne, FL Income producing property. Live in one side and rent the other. Furnished studio apartment...	3 beds \| 3 baths \| 1,502 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $2653 Airbnb ROI: N/A Traditional ROI: 5.48%
4357 Ligustrum Drive Melbourne, FL Introducing the ultimate retreat in Windover Farms, one of the area's most coveted communi...	5 beds \| 3 baths \| 2,774 sq.ft.	$779,000	Airbnb cash on cash: 6.46% Traditional cash on cash: 2.73% Airbnb Rental Income: $7397 Traditional Rental Income: $3270 Airbnb ROI: 6.46% Traditional ROI: 2.73%
600 Creel Street Melbourne, FL Multiple offers received best and final offer by 5pm 11/19/24 Here's your chance to own a...	4 beds \| 4 baths \| 1,992 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.52% Airbnb Rental Income: $null Traditional Rental Income: $4062 Airbnb ROI: N/A Traditional ROI: 4.52%

Real Estate investment in Melbourne, FL

There are 537 properties for sale in the city of Melbourne . The median list price in Melbourne is $394,999 and the average price per square foot is $212. In December 2024, the average monthly cash on cash return in Melbourne is 4.00%. The average monthly rental income in Melbourne is $2,294.

Melbourne, FL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 537 investment properties available for sale in Melbourne.

In 2024, the best neighborhood to buy investment property is Melbourne.

The ROI for Long-Term is higher than the Short-Term in Melbourne with average rental income of $2,294.

Your search for investment property begins and ends here

Investment Property for Sale in Melbourne, FL

3029 VALLEJO WAY

Melbourne, FL

2 beds | 2 baths | 1,532 sq.ft.

$329,999

Airbnb cash on cash: 1.31%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $2196

Traditional Rental Income: $2106

Airbnb ROI: 1.31%

Traditional ROI: 2.81%

5336 Kirkwall Circle

Melbourne, FL

4 beds | 3 baths | 2,741 sq.ft.

$970,000

Airbnb cash on cash: 1.17%

Traditional cash on cash: 1.7%

Airbnb Rental Income: $3510

Traditional Rental Income: $3213

Airbnb ROI: 1.17%

Traditional ROI: 1.7%

3564 Province Drive

Melbourne, FL

4 beds | 3 baths | 2,596 sq.ft.

$899,000

Airbnb cash on cash: 1.86%

Traditional cash on cash: 2.07%

Airbnb Rental Income: $3510

Traditional Rental Income: $2907

Airbnb ROI: 1.86%

Traditional ROI: 2.07%

2727 N Wickham Road #2014

Melbourne, FL

2 beds | 2 baths | 1,190 sq.ft.

$189,000

Airbnb cash on cash: 3.89%

Traditional cash on cash: 4.43%

Airbnb Rental Income: $2196

Traditional Rental Income: $1738

Airbnb ROI: 3.89%

Traditional ROI: 4.43%

2260 Front Street #407

Melbourne, FL

3 beds | 2 baths | 2,176 sq.ft.

$674,900

Airbnb cash on cash: -0.15%

Traditional cash on cash: 0.78%

Airbnb Rental Income: $2798

Traditional Rental Income: $2732

Airbnb ROI: -0.15%

Traditional ROI: 0.78%

1001 W Eau Gallie Boulevard #211

Melbourne, FL

1 beds | 1 baths | 828 sq.ft.

$175,000

Airbnb cash on cash: 4.17%

Traditional cash on cash: 4.96%

Airbnb Rental Income: $1956

Traditional Rental Income: $1572

Airbnb ROI: 4.17%

Traditional ROI: 4.96%

2315 Early Dawn Circle

Melbourne, FL

2 beds | 2 baths | 1,139 sq.ft.

$429,000

Airbnb cash on cash: 2.6%

Traditional cash on cash: 3.89%

Airbnb Rental Income: $2196

Traditional Rental Income: $2160

Airbnb ROI: 2.6%

Traditional ROI: 3.89%

3401 Terramore Drive

Melbourne, FL

3 beds | 3 baths | 2,164 sq.ft.

$745,000

Airbnb cash on cash: 1.17%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $2798

Traditional Rental Income: $2766

Airbnb ROI: 1.17%