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
1714 Fletcher St Melbourne, FL Vintage Charm Meets Modern Living! This classic cottage has been lovingly updated, offeri...	2 beds \| 1 baths \| 744 sq.ft.	$242,900	Airbnb cash on cash: 9.25% Traditional cash on cash: 6.72% Airbnb Rental Income: $3385 Traditional Rental Income: $2033 Airbnb ROI: 9.25% Traditional ROI: 6.72%
1465 S Harbor City Blvd #502 Melbourne, FL Stunning River views from the 5th-floor residence, built in 2022, offering the feel of a b...	3 beds \| 3 baths \| 2,082 sq.ft.	$785,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 1.95% Airbnb Rental Income: $4452 Traditional Rental Income: $3449 Airbnb ROI: 2.05% Traditional ROI: 1.95%
637 E Lincoln Ave Melbourne, FL Move in ready! All furniture conveys!, including game room with pool table. Turnkey- ideal...	3 beds \| 2 baths \| 1,620 sq.ft.	$419,999	Airbnb cash on cash: 6.37% Traditional cash on cash: 4.42% Airbnb Rental Income: $4452 Traditional Rental Income: $2753 Airbnb ROI: 6.37% Traditional ROI: 4.42%
543 Heming Way Melbourne, FL SPECTACULAR ''ALAMANDA KEY'' LAKEFRONT HOME!Exquisitely upgraded ''key west'' style 3 BR +...	3 beds \| 2 baths \| 1,937 sq.ft.	$375,000	Airbnb cash on cash: 6.92% Traditional cash on cash: 4.86% Airbnb Rental Income: $4452 Traditional Rental Income: $2796 Airbnb ROI: 6.92% Traditional ROI: 4.86%
1265 Luminary Cir #105 Melbourne, FL Enjoy a carefree lifestyle in this charming 2-bedroom, 2-bath townhome located in the soug...	2 beds \| 2 baths \| 1,008 sq.ft.	$275,500	Airbnb cash on cash: 7.25% Traditional cash on cash: 5.04% Airbnb Rental Income: $3385 Traditional Rental Income: $2058 Airbnb ROI: 7.25% Traditional ROI: 5.04%
2013 Vernon Pl Melbourne, FL Nestled in the vibrant heart of downtown Melbourne, this rare gem from the early 1900s off...	2 beds \| 1 baths \| 672 sq.ft.	$519,900	Airbnb cash on cash: 3.35% Traditional cash on cash: 1.71% Airbnb Rental Income: $3385 Traditional Rental Income: $1835 Airbnb ROI: 3.35% Traditional ROI: 1.71%
2101 Vernon Pl Melbourne, FL Nestled in the vibrant heart of downtown Melbourne, this rare gem from the early 1900s off...	3 beds \| 1 baths \| 1,423 sq.ft.	$519,900	Airbnb cash on cash: 5.29% Traditional cash on cash: 2.68% Airbnb Rental Income: $4452 Traditional Rental Income: $2255 Airbnb ROI: 5.29% Traditional ROI: 2.68%
1465 S Harbor City Blvd #702 Melbourne, FL MAJOR PRICE REDUCTION! BRING BEST OFFER! This luxurious 3-bedroom, 3-bath condo, built in ...	3 beds \| 3 baths \| 2,082 sq.ft.	$699,900	Airbnb cash on cash: 1.61% Traditional cash on cash: 3.17% Airbnb Rental Income: $4452 Traditional Rental Income: $4541 Airbnb ROI: 1.61% Traditional ROI: 3.17%
1465 S Harbor City Blvd #902 Melbourne, FL Conventional loan welcome. OCEAN and RIVER views from the 9th-floor residence, built in 2...	3 beds \| 3 baths \| 2,082 sq.ft.	$898,250	Airbnb cash on cash: 1.1% Traditional cash on cash: 2.65% Airbnb Rental Income: $4452 Traditional Rental Income: $4815 Airbnb ROI: 1.1% Traditional ROI: 2.65%
317 Dartmouth Avenue Melbourne, FL Completely Remodeled 3 Bed / 2 Bath Home - Move-In Ready! Welcome to your dream home! This...	3 beds \| 2 baths \| 1,464 sq.ft.	$315,000	Airbnb cash on cash: 9.38% Traditional cash on cash: 4.93% Airbnb Rental Income: $4452 Traditional Rental Income: $2203 Airbnb ROI: 9.38% Traditional ROI: 4.93%
2504 Plantation Dr Melbourne, FL This 1585 square foot single family home has 3 bedrooms and 2.0 bathrooms. This home is lo...	4 beds \| 2 baths \| 1,585 sq.ft.	$389,000	Airbnb cash on cash: 9.54% Traditional cash on cash: 5.22% Airbnb Rental Income: $4452 Traditional Rental Income: $2267 Airbnb ROI: 9.54% Traditional ROI: 5.22%
233 Cinnamon Lake Cir Melbourne, FL Situated in the tranquil, desirable and centrally-located neighborhood of Cinnamon Cove, t...	4 beds \| 2 baths \| 1,488 sq.ft.	$349,490	Airbnb cash on cash: 7.4% Traditional cash on cash: 3.53% Airbnb Rental Income: $4452 Traditional Rental Income: $2174 Airbnb ROI: 7.4% Traditional ROI: 3.53%
1707 Platt St Melbourne, FL Welcome to 1707 Platt Street in the heart of Melbourne! This charming home offers the perf...	3 beds \| 2 baths \| 1,388 sq.ft.	$335,000	Airbnb cash on cash: 8.5% Traditional cash on cash: 4.79% Airbnb Rental Income: $4452 Traditional Rental Income: $2302 Airbnb ROI: 8.5% Traditional ROI: 4.79%
3973 Bayberry Dr Melbourne, FL Welcome to this beautiful 2-bedroom, 2-bathroom gem nestled within the quiet, tree-lined s...	2 beds \| 2 baths \| 1,102 sq.ft.	$249,900	Airbnb cash on cash: 7.99% Traditional cash on cash: 6.02% Airbnb Rental Income: $3385 Traditional Rental Income: $2167 Airbnb ROI: 7.99% Traditional ROI: 6.02%
741 Indian Oaks Drive Melbourne, FL Desirable Pine Creek 55+ Community offers this spacious 3-bedroom, 2 bath home. This gated...	3 beds \| 2 baths \| 2,025 sq.ft.	$325,000	Airbnb cash on cash: 8.55% Traditional cash on cash: 5.43% Airbnb Rental Income: $4452 Traditional Rental Income: $2569 Airbnb ROI: 8.55% Traditional ROI: 5.43%
2202 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,200,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 6.38% Airbnb Rental Income: $4452 Traditional Rental Income: $8668 Airbnb ROI: 1.77% Traditional ROI: 6.38%
2212 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,200,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 6.38% Airbnb Rental Income: $4452 Traditional Rental Income: $8668 Airbnb ROI: 1.77% Traditional ROI: 6.38%
2222 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,200,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.75% Airbnb Rental Income: $4452 Traditional Rental Income: $8668 Airbnb ROI: 1.14% Traditional ROI: 5.75%
2232 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,200,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.74% Airbnb Rental Income: $4452 Traditional Rental Income: $8661 Airbnb ROI: 1.14% Traditional ROI: 5.74%
2205 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,200,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 5.76% Airbnb Rental Income: $4452 Traditional Rental Income: $8668 Airbnb ROI: 1.15% Traditional ROI: 5.76%
2215 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,200,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.74% Airbnb Rental Income: $4452 Traditional Rental Income: $8661 Airbnb ROI: 1.14% Traditional ROI: 5.74%
2225 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,200,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 6.44% Airbnb Rental Income: $4452 Traditional Rental Income: $8734 Airbnb ROI: 1.77% Traditional ROI: 6.44%
2235 Livnats Ln Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,200,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 5.82% Airbnb Rental Income: $4452 Traditional Rental Income: $8734 Airbnb ROI: 1.15% Traditional ROI: 5.82%
2242 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,300,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.81% Airbnb Rental Income: $4452 Traditional Rental Income: $8668 Airbnb ROI: 1.56% Traditional ROI: 5.81%
2252 Livnats Ln Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,300,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.81% Airbnb Rental Income: $4452 Traditional Rental Income: $8668 Airbnb ROI: 1.56% Traditional ROI: 5.81%
2262 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,300,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.81% Airbnb Rental Income: $4452 Traditional Rental Income: $8661 Airbnb ROI: 1.56% Traditional ROI: 5.81%
2245 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,300,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.73% Airbnb Rental Income: $4452 Traditional Rental Income: $8561 Airbnb ROI: 1.56% Traditional ROI: 5.73%
2255 Livnats Ln Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,300,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.73% Airbnb Rental Income: $4452 Traditional Rental Income: $8561 Airbnb ROI: 1.56% Traditional ROI: 5.73%
2265 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,300,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.81% Airbnb Rental Income: $4452 Traditional Rental Income: $8668 Airbnb ROI: 1.56% Traditional ROI: 5.81%
2275 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,300,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.81% Airbnb Rental Income: $4452 Traditional Rental Income: $8668 Airbnb ROI: 1.56% Traditional ROI: 5.81%
2282 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,400,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 5.25% Airbnb Rental Income: $4452 Traditional Rental Income: $8561 Airbnb ROI: 1.37% Traditional ROI: 5.25%
2292 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,400,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 5.33% Airbnb Rental Income: $4452 Traditional Rental Income: $8668 Airbnb ROI: 1.37% Traditional ROI: 5.33%
2295 Livnats Lane Melbourne, FL Experience elevated modern living at Watersedge in Melbourne, where sleek architecture, ex...	3 beds \| 4 baths \| 2,300 sq.ft.	$1,400,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 4.79% Airbnb Rental Income: $4452 Traditional Rental Income: $8668 Airbnb ROI: 0.83% Traditional ROI: 4.79%
4220 Alamanda Key Dr Melbourne, FL Welcome to Alamanda Key, a highly desirable 55+ gated community with tropical Key West-sty...	3 beds \| 2 baths \| 1,551 sq.ft.	$315,000	Airbnb cash on cash: 9.12% Traditional cash on cash: 5.81% Airbnb Rental Income: $4452 Traditional Rental Income: $2542 Airbnb ROI: 9.12% Traditional ROI: 5.81%
2917 Stetson St Melbourne, FL Spacious 5BD/3BA home in Melbourne, FL. Private pool surrounded by trees, fenced yard, no ...	5 beds \| 3 baths \| 2,752 sq.ft.	$465,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.09% Airbnb Rental Income: $null Traditional Rental Income: $4614 Airbnb ROI: N/A Traditional ROI: 8.09%
4160 Negal Cir Melbourne, FL This stunning corner-lot home offers breathtaking lake views and a private heated pool and...	4 beds \| 3 baths \| 2,319 sq.ft.	$725,000	Airbnb cash on cash: 5.84% Traditional cash on cash: 2.98% Airbnb Rental Income: $6857 Traditional Rental Income: $3593 Airbnb ROI: 5.84% Traditional ROI: 2.98%
975 S Fork Cir Melbourne, FL ALL AGES WELCOME. NOT a senior community. Beautiful concrete block 3 bedroom, 2 bathroom h...	3 beds \| 2 baths \| 1,592 sq.ft.	$310,000	Airbnb cash on cash: 9.9% Traditional cash on cash: 6.3% Airbnb Rental Income: $4452 Traditional Rental Income: $2470 Airbnb ROI: 9.9% Traditional ROI: 6.3%
1435 S Harbor City Blvd #401 Melbourne, FL Beautiful spacious open concept condo on the Indian River. Enjoy all the river life from y...	3 beds \| 3 baths \| 2,345 sq.ft.	$899,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 2.71% Airbnb Rental Income: $4452 Traditional Rental Income: $5412 Airbnb ROI: 0.45% Traditional ROI: 2.71%
3454 Floral Palm Blvd Melbourne, FL Move right in and start enjoying the Florida lifestyle! This beautifully updated 3-bedroom...	3 beds \| 2 baths \| 1,586 sq.ft.	$325,000	Airbnb cash on cash: 8.75% Traditional cash on cash: 4.31% Airbnb Rental Income: $4452 Traditional Rental Income: $2164 Airbnb ROI: 8.75% Traditional ROI: 4.31%
3526 Egret Dr Melbourne, FL NEW ROOF COMING! Freshly updated and thoughtfully improved. The kitchen makes an immediate...	3 beds \| 2 baths \| 2,006 sq.ft.	$405,000	Airbnb cash on cash: 6.72% Traditional cash on cash: 4.9% Airbnb Rental Income: $4452 Traditional Rental Income: $2823 Airbnb ROI: 6.72% Traditional ROI: 4.9%

Real Estate investment in Melbourne, FL

There are 695 properties for sale in the city of Melbourne . The median list price in Melbourne is $309,815 and the average price per square foot is $173. In August 2026, the average monthly cash on cash return in Melbourne is 4.00%. The average monthly rental income in Melbourne is $2,111.

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

There are 695 investment properties available for sale in Melbourne.

In 2026, the best neighborhood to buy investment property is Melbourne.

The ROI for Short-Term is higher than the Long-Term in Melbourne with average rental income of $4,452.

Your search for investment property begins and ends here

Investment Property for Sale in Melbourne, FL

1714 Fletcher St

Melbourne, FL

2 beds | 1 baths | 744 sq.ft.

$242,900

Airbnb cash on cash: 9.25%

Traditional cash on cash: 6.72%

Airbnb Rental Income: $3385

Traditional Rental Income: $2033

Airbnb ROI: 9.25%

Traditional ROI: 6.72%

1465 S Harbor City Blvd #502

Melbourne, FL

3 beds | 3 baths | 2,082 sq.ft.

$785,000

Airbnb cash on cash: 2.05%

Traditional cash on cash: 1.95%

Airbnb Rental Income: $4452

Traditional Rental Income: $3449

Airbnb ROI: 2.05%

Traditional ROI: 1.95%

637 E Lincoln Ave

Melbourne, FL

3 beds | 2 baths | 1,620 sq.ft.

$419,999

Airbnb cash on cash: 6.37%

Traditional cash on cash: 4.42%

Airbnb Rental Income: $4452

Traditional Rental Income: $2753

Airbnb ROI: 6.37%

Traditional ROI: 4.42%

543 Heming Way

Melbourne, FL

3 beds | 2 baths | 1,937 sq.ft.

$375,000

Airbnb cash on cash: 6.92%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $4452

Traditional Rental Income: $2796

Airbnb ROI: 6.92%

Traditional ROI: 4.86%

1265 Luminary Cir #105

Melbourne, FL

2 beds | 2 baths | 1,008 sq.ft.

$275,500

Airbnb cash on cash: 7.25%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $3385

Traditional Rental Income: $2058

Airbnb ROI: 7.25%

Traditional ROI: 5.04%

2013 Vernon Pl

Melbourne, FL

2 beds | 1 baths | 672 sq.ft.

$519,900

Airbnb cash on cash: 3.35%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $3385

Traditional Rental Income: $1835

Airbnb ROI: 3.35%

Traditional ROI: 1.71%

2101 Vernon Pl

Melbourne, FL

3 beds | 1 baths | 1,423 sq.ft.

$519,900

Airbnb cash on cash: 5.29%

Traditional cash on cash: 2.68%

Airbnb Rental Income: $4452

Traditional Rental Income: $2255

Airbnb ROI: 5.29%

Traditional ROI: 2.68%

1465 S Harbor City Blvd #702

Melbourne, FL

3 beds | 3 baths | 2,082 sq.ft.

$699,900

Airbnb cash on cash: 1.61%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $4452

Traditional Rental Income: $4541

Airbnb ROI: 1.61%