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.	$199,000	Airbnb cash on cash: 3.65% Traditional cash on cash: 4.16% Airbnb Rental Income: $2196 Traditional Rental Income: $1738 Airbnb ROI: 3.65% Traditional ROI: 4.16%
444 Antrim Gardens Court Melbourne, FL GUARANTEED to be the nicest home you'll see! This lakefront home has been meticulously mai...	4 beds \| 2 baths \| 2,264 sq.ft.	$579,900	Airbnb cash on cash: 2.92% Traditional cash on cash: 3.15% Airbnb Rental Income: $3510 Traditional Rental Income: $2858 Airbnb ROI: 2.92% Traditional ROI: 3.15%
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.	$750,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 2.04% Airbnb Rental Income: $2798 Traditional Rental Income: $2766 Airbnb ROI: 1.15% Traditional ROI: 2.04%
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%
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%
1435 S Harbor City Boulevard #1001 Melbourne, FL DEVELOPERS PENTHOUSE LAST REMAINING UNIT...... Nestled along the tranquil riverfront, this...	3 beds \| 3 baths \| 4,428 sq.ft.	$1,849,000	Airbnb cash on cash: -2.13% Traditional cash on cash: -1.62% Airbnb Rental Income: $2798 Traditional Rental Income: $3018 Airbnb ROI: -2.13% Traditional ROI: -1.62%
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%
4363 Eleanor Drive Melbourne, FL The updates in this home will leave you with nothing to do except move in. The updates yo...	3 beds \| 1 baths \| 810 sq.ft.	$250,000	Airbnb cash on cash: 7.15% Traditional cash on cash: 5.32% Airbnb Rental Income: $2798 Traditional Rental Income: $1709 Airbnb ROI: 7.15% Traditional ROI: 5.32%
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 scheduled to be installed in November! Welcome to your dream townhouse, where mod...	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%
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%
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.	$389,700	Airbnb cash on cash: 0.46% Traditional cash on cash: 2.18% Airbnb Rental Income: $2196 Traditional Rental Income: $2273 Airbnb ROI: 0.46% Traditional ROI: 2.18%
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%
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 Gated WATERFRONT community w/POOL & FISHING PIER perched directly on Crane Creek! 2018 LUX...	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 ***Price reduced and Motivated Sellers! Welcome to your dream waterfront home in Viera F...	3 beds \| 2 baths \| 1,747 sq.ft.	$529,900	Airbnb cash on cash: 2.26% Traditional cash on cash: 3.16% Airbnb Rental Income: $2798 Traditional Rental Income: $2588 Airbnb ROI: 2.26% Traditional ROI: 3.16%
2320 Hamlet Drive Melbourne, FL Almost 2100 square feet living space...big 3 bed 2 bath pool home with a 2022 roof in the ...	3 beds \| 2 baths \| 2,097 sq.ft.	$525,000	Airbnb cash on cash: 2.35% Traditional cash on cash: 3.01% Airbnb Rental Income: $2798 Traditional Rental Income: $2470 Airbnb ROI: 2.35% Traditional ROI: 3.01%
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 Right in the hub in Melbourne, but still have a quiet quaint neighborhood. Open floor plan...	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%
2901 Forest Drive Melbourne, FL PRICE IMPROVEMENT! $398,500 ENJOY FLORIDA LIVING AT IT'S BEST! Fully remodeled 3 BR \| ...	3 beds \| 2 baths \| 1,619 sq.ft.	$398,500	Airbnb cash on cash: 3.95% Traditional cash on cash: 4.4% Airbnb Rental Income: $2798 Traditional Rental Income: $2310 Airbnb ROI: 3.95% Traditional ROI: 4.4%
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 Here's your chance to own an income property w/ positive cash flow, which will allow resid...	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%
2435 Tuscarora Court Melbourne, FL Highly desirable sought after Hammock Lakes West property!! This 4 bedroom 3 bathroom POOL...	4 beds \| 3 baths \| 2,256 sq.ft.	$535,000	Airbnb cash on cash: 4.11% Traditional cash on cash: 4.32% Airbnb Rental Income: $3510 Traditional Rental Income: $2839 Airbnb ROI: 4.11% Traditional ROI: 4.32%
5833 Goleta Circle Melbourne, FL Welcome to this beautifully remodeled 4-bedroom + office (or 5th bedroom) home, nestled in...	4 beds \| 3 baths \| 2,693 sq.ft.	$749,700	Airbnb cash on cash: 2.1% Traditional cash on cash: 2.69% Airbnb Rental Income: $3510 Traditional Rental Income: $3144 Airbnb ROI: 2.1% Traditional ROI: 2.69%
2263 Woodfield Circle Melbourne, FL Welcome to this stunning, luxury home boasting 4,491 square feet of meticulously designed ...	4 beds \| 4 baths \| 4,491 sq.ft.	$949,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 3.07% Airbnb Rental Income: $3510 Traditional Rental Income: $4421 Airbnb ROI: 1.16% Traditional ROI: 3.07%
3546 Ayrshire Circle Melbourne, FL Welcome to your private oasis at 3546 Ayrshire Circle in the gated community of Chelford w...	4 beds \| 2 baths \| 3,110 sq.ft.	$850,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 1.96% Airbnb Rental Income: $3510 Traditional Rental Income: $2969 Airbnb ROI: 1.66% Traditional ROI: 1.96%
2725 Revolution Street #104 Melbourne, FL Discover this remarkable & beautifully updated three bedroom, two & a half bath corner tow...	3 beds \| 2 baths \| 1,692 sq.ft.	$320,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 3.98% Airbnb Rental Income: $2798 Traditional Rental Income: $2413 Airbnb ROI: 3.08% Traditional ROI: 3.98%
805 Ryan Avenue Melbourne, FL Welcome home! This home offers peace of mind with its accordion storm shutters, Generac wh...	3 beds \| 2 baths \| 1,096 sq.ft.	$306,000	Airbnb cash on cash: 5.07% Traditional cash on cash: 4.61% Airbnb Rental Income: $2798 Traditional Rental Income: $2010 Airbnb ROI: 5.07% Traditional ROI: 4.61%

Real Estate investment in Melbourne, FL

There are 527 properties for sale in the city of Melbourne . The median list price in Melbourne is $399,999 and the average price per square foot is $212. In November 2024, the average monthly cash on cash return in Melbourne is 4.00%. The average monthly rental income in Melbourne is $2,456.

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

There are 527 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 $2,456.

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.

$199,000

Airbnb cash on cash: 3.65%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $2196

Traditional Rental Income: $1738

Airbnb ROI: 3.65%

Traditional ROI: 4.16%

444 Antrim Gardens Court

Melbourne, FL

4 beds | 2 baths | 2,264 sq.ft.

$579,900

Airbnb cash on cash: 2.92%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $3510

Traditional Rental Income: $2858

Airbnb ROI: 2.92%

Traditional ROI: 3.15%

3401 Terramore Drive

Melbourne, FL

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

$750,000

Airbnb cash on cash: 1.15%

Traditional cash on cash: 2.04%

Airbnb Rental Income: $2798

Traditional Rental Income: $2766

Airbnb ROI: 1.15%

Traditional ROI: 2.04%

1379 Rose Court

Melbourne, FL

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%

3296 Constellation Drive

Melbourne, FL

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%