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
621 Misty Creek Drive Melbourne, FL Beautiful open concept home now available in ever-popular Misty Creek! This freshly painte...	3 beds \| 2 baths \| 2,009 sq.ft.	$430,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.73% Airbnb Rental Income: $1709 Traditional Rental Income: $2567 Airbnb ROI: 0.42% Traditional ROI: 3.73%
1526 Cypress Trace Drive Melbourne, FL MUST SEE - Suntree Pool Home with Golf & Water Views \| NEW ROOF 2025 \| Outdoor Oasis! Tuck...	3 beds \| 2 baths \| 1,795 sq.ft.	$525,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 3.24% Airbnb Rental Income: $1709 Traditional Rental Income: $2420 Airbnb ROI: 0.83% Traditional ROI: 3.24%
1034 Villa Drive Melbourne, FL Welcome to the Villas of Suntree, a tranquil and welcoming community. Residents are provid...	2 beds \| 2 baths \| 1,520 sq.ft.	$279,900	Airbnb cash on cash: -0.98% Traditional cash on cash: 3.4% Airbnb Rental Income: $1275 Traditional Rental Income: $2027 Airbnb ROI: -0.98% Traditional ROI: 3.4%
2823 Wright Avenue Melbourne, FL Solid CBS construction and move-in ready! This well-maintained home offers peace of mind w...	2 beds \| 2 baths \| 1,156 sq.ft.	$330,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.86% Airbnb Rental Income: $1275 Traditional Rental Income: $1831 Airbnb ROI: 0.77% Traditional ROI: 3.86%
424 Brown Avenue Melbourne, FL Beautiful bright open floor plan move in ready home on a corner lot. Peaceful water view o...	3 beds \| 2 baths \| 1,556 sq.ft.	$405,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 4.51% Airbnb Rental Income: $1709 Traditional Rental Income: $2463 Airbnb ROI: 1.29% Traditional ROI: 4.51%
7808 Shadowood Dr #803 Melbourne, FL 7808 Shadowood Dr #803, Melbourne, FL 32904 \| Condo/Coop	2 beds \| 2 baths \| 1,162 sq.ft.	$163,999	Airbnb cash on cash: -0.31% Traditional cash on cash: 4.38% Airbnb Rental Income: $1275 Traditional Rental Income: $1608 Airbnb ROI: -0.31% Traditional ROI: 4.38%
3575 Salt Marsh Cir Melbourne, FL 3575 Salt Marsh Cir, Melbourne, FL 32904 \| Single Family Residential	4 beds \| 3 baths \| 2,305 sq.ft.	$600,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 2.02% Airbnb Rental Income: $2195 Traditional Rental Income: $2460 Airbnb ROI: 0.56% Traditional ROI: 2.02%
4362 YORKSHIRE DRIVE Melbourne, FL You have just found your new 3 bedroom, 2 full bath Florida home for under $220,000. This...	3 beds \| 2 baths \| 1,148 sq.ft.	$219,900	Airbnb cash on cash: 3.14% Traditional cash on cash: 6.49% Airbnb Rental Income: $1709 Traditional Rental Income: $1934 Airbnb ROI: 3.14% Traditional ROI: 6.49%
136 Gray Road Melbourne, FL In the heart of W. Melbourne, this charming home offers convenience and tranquility. Minut...	3 beds \| 1 baths \| 1,272 sq.ft.	$220,000	Airbnb cash on cash: 3.6% Traditional cash on cash: 6.81% Airbnb Rental Income: $1709 Traditional Rental Income: $1904 Airbnb ROI: 3.6% Traditional ROI: 6.81%
3122 Cauthen Creek Drive Melbourne, FL Honey stop the car! This 4/2 Melbourne pool home boasts over $25K+ in updates in the last ...	4 beds \| 2 baths \| 1,942 sq.ft.	$449,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 4.32% Airbnb Rental Income: $2195 Traditional Rental Income: $2837 Airbnb ROI: 1.48% Traditional ROI: 4.32%
2150 N Highway A1a unit: 308 #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.	$329,900	Airbnb cash on cash: -2.92% Traditional cash on cash: 1.6% Airbnb Rental Income: $1275 Traditional Rental Income: $2273 Airbnb ROI: -2.92% Traditional ROI: 1.6%
600 Gina Lane Melbourne, FL This wonderful 3/2 pool home situated on a generous 0.63-acre lot in one of Melbourne's mo...	3 beds \| 2 baths \| 1,820 sq.ft.	$439,900	Airbnb cash on cash: 0.73% Traditional cash on cash: 3.73% Airbnb Rental Income: $1709 Traditional Rental Income: $2471 Airbnb ROI: 0.73% Traditional ROI: 3.73%
2240 Enjoya Lane Melbourne, FL Stunning Townhome in Crane Creek Landing a newer gated Downtown Community. Quality constru...	3 beds \| 2 baths \| 2,103 sq.ft.	$534,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 1.38% Airbnb Rental Income: $1709 Traditional Rental Income: $2571 Airbnb ROI: -1.29% Traditional ROI: 1.38%
2334 Golf Lake Circle unit: 421 #421 Melbourne, FL Welcome to this beautifully maintained second-floor condo in the quiet and well-kept Golf ...	2 beds \| 2 baths \| 1,140 sq.ft.	$150,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 7.4% Airbnb Rental Income: $1275 Traditional Rental Income: $2036 Airbnb ROI: -0.7% Traditional ROI: 7.4%
1810 Noel Place unit: 107 #107 Melbourne, FL Nearly NEW Beautiful Coastal Design Townhome nestled in the gated enclave, Riverwalk of Me...	3 beds \| 2 baths \| 1,567 sq.ft.	$329,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 3.28% Airbnb Rental Income: $1709 Traditional Rental Income: $2211 Airbnb ROI: 0.13% Traditional ROI: 3.28%
5673 Star Rush Drive unit: 106 #106 Melbourne, FL Location, location, location. Viera living! Lakefront Living with Low-Maintenance Ease! Th...	2 beds \| 2 baths \| 1,020 sq.ft.	$204,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 3.76% Airbnb Rental Income: $1275 Traditional Rental Income: $1639 Airbnb ROI: -0.18% Traditional ROI: 3.76%
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: -0.28% Traditional cash on cash: 2.89% Airbnb Rental Income: $1709 Traditional Rental Income: $4771 Airbnb ROI: -0.28% Traditional ROI: 2.89%
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: -0.28% Traditional cash on cash: 2.89% Airbnb Rental Income: $1709 Traditional Rental Income: $4777 Airbnb ROI: -0.28% Traditional ROI: 2.89%
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: -0.28% Traditional cash on cash: 2.84% Airbnb Rental Income: $1709 Traditional Rental Income: $4717 Airbnb ROI: -0.28% Traditional ROI: 2.84%
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: -0.28% Traditional cash on cash: 2.89% Airbnb Rental Income: $1709 Traditional Rental Income: $4771 Airbnb ROI: -0.28% Traditional ROI: 2.89%
2235 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: -0.28% Traditional cash on cash: 2.89% Airbnb Rental Income: $1709 Traditional Rental Income: $4771 Airbnb ROI: -0.28% Traditional ROI: 2.89%
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: -0.34% Traditional cash on cash: 2.54% Airbnb Rental Income: $1709 Traditional Rental Income: $4717 Airbnb ROI: -0.34% Traditional ROI: 2.54%
2252 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: -0.34% Traditional cash on cash: 2.59% Airbnb Rental Income: $1709 Traditional Rental Income: $4771 Airbnb ROI: -0.34% Traditional ROI: 2.59%
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: -0.34% Traditional cash on cash: 2.59% Airbnb Rental Income: $1709 Traditional Rental Income: $4771 Airbnb ROI: -0.34% Traditional ROI: 2.59%
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: -0.34% Traditional cash on cash: 2.54% Airbnb Rental Income: $1709 Traditional Rental Income: $4717 Airbnb ROI: -0.34% Traditional ROI: 2.54%
2255 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: -0.34% Traditional cash on cash: 2.59% Airbnb Rental Income: $1709 Traditional Rental Income: $4771 Airbnb ROI: -0.34% Traditional ROI: 2.59%
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: -0.34% Traditional cash on cash: 2.59% Airbnb Rental Income: $1709 Traditional Rental Income: $4771 Airbnb ROI: -0.34% Traditional ROI: 2.59%
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: -0.34% Traditional cash on cash: 2.59% Airbnb Rental Income: $1709 Traditional Rental Income: $4777 Airbnb ROI: -0.34% Traditional ROI: 2.59%
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: -0.38% Traditional cash on cash: 2.33% Airbnb Rental Income: $1709 Traditional Rental Income: $4771 Airbnb ROI: -0.38% Traditional ROI: 2.33%
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: -0.38% Traditional cash on cash: 2.34% Airbnb Rental Income: $1709 Traditional Rental Income: $4777 Airbnb ROI: -0.38% Traditional ROI: 2.34%
8102 Tethys Court Melbourne, FL Experience the perfect harmony of elegance and comfort in this stunning lakefront townhous...	3 beds \| 2 baths \| 1,722 sq.ft.	$482,999	Airbnb cash on cash: -0.57% Traditional cash on cash: 2.13% Airbnb Rental Income: $1709 Traditional Rental Income: $2458 Airbnb ROI: -0.57% Traditional ROI: 2.13%
1995 Canopy Drive Melbourne, FL Tucked away in a quiet community, this spacious home is a rare find. With a newer roof (20...	5 beds \| 3 baths \| 3,055 sq.ft.	$410,000	Airbnb cash on cash: 4.35% Traditional cash on cash: 5.73% Airbnb Rental Income: $3184 Traditional Rental Income: $2996 Airbnb ROI: 4.35% Traditional ROI: 5.73%
3584 Sansome Circle Melbourne, FL Discover the Florida lifestyle in Heritage Isle, an exclusive 55+ gated community where ev...	3 beds \| 3 baths \| 2,006 sq.ft.	$420,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.4% Airbnb Rental Income: $1709 Traditional Rental Income: $2650 Airbnb ROI: -0.2% Traditional ROI: 3.4%
881 Glen Abbey Way Melbourne, FL Welcome to this stunning 4-bedroom, 3-bath dream home! Picture yourself gathered around th...	4 beds \| 3 baths \| 2,567 sq.ft.	$579,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.9% Airbnb Rental Income: $2195 Traditional Rental Income: $2739 Airbnb ROI: 0.86% Traditional ROI: 2.9%
791 Indian Oaks Drive Melbourne, FL Discover this bright and welcoming 2-bedroom, 2-bath home in the highly sought-after, gate...	2 beds \| 2 baths \| 1,466 sq.ft.	$260,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 5.44% Airbnb Rental Income: $1275 Traditional Rental Income: $2135 Airbnb ROI: 0.3% Traditional ROI: 5.44%
23 Elton Street unit: 23 #23 Melbourne, FL Beautifully Renovated End Unit Townhome Just Steps from the River! Enjoy Comfort and Conve...	2 beds \| 1 baths \| 740 sq.ft.	$144,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 8.16% Airbnb Rental Income: $1275 Traditional Rental Income: $1519 Airbnb ROI: 3.48% Traditional ROI: 8.16%
620 Ridge Club Drive unit: 88 #88 Melbourne, FL Beautiful remodeled unit in a well maintained complex located in the heart of Melbourne. T...	2 beds \| 2 baths \| 900 sq.ft.	$167,900	Airbnb cash on cash: 2.96% Traditional cash on cash: 6.95% Airbnb Rental Income: $1275 Traditional Rental Income: $1511 Airbnb ROI: 2.96% Traditional ROI: 6.95%
1208 River Drive unit: 401 #401 Melbourne, FL Tastefully renovated like a magazine editorial, this condo tells a story of coastal refine...	3 beds \| 2 baths \| 1,898 sq.ft.	$699,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.24% Airbnb Rental Income: $1709 Traditional Rental Income: $3107 Airbnb ROI: -0.63% Traditional ROI: 2.24%
1707 Platt Street Melbourne, FL Explore the charm and investment potential of this 3BD, 2BA Melbourne home, perfect for se...	3 beds \| 2 baths \| 1,388 sq.ft.	$350,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 4.58% Airbnb Rental Income: $1709 Traditional Rental Income: $2130 Airbnb ROI: 1.86% Traditional ROI: 4.58%
4007 N Harbor City Boulevard unit: 402 #402 Melbourne, FL Remodeled Kitchen and Master Bath. New flooring throughout. Sliders were replaced in 2022,...	3 beds \| 2 baths \| 2,141 sq.ft.	$687,400	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.76% Airbnb Rental Income: $1709 Traditional Rental Income: $3031 Airbnb ROI: -0.04% Traditional ROI: 2.76%

Real Estate investment in Melbourne, FL

There are 1,081 properties for sale in the city of Melbourne . The median list price in Melbourne is $387,600 and the average price per square foot is $216. In February 2026, the average monthly cash on cash return in Melbourne is 3.00%. The average monthly rental income in Melbourne is $2,156.

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

There are 1,081 investment properties available for sale in Melbourne.

In 2026, 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 $2,156.

Your search for investment property begins and ends here

Investment Property for Sale in Melbourne, FL

621 Misty Creek Drive

Melbourne, FL

3 beds | 2 baths | 2,009 sq.ft.

$430,000

Airbnb cash on cash: 0.42%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $1709

Traditional Rental Income: $2567

Airbnb ROI: 0.42%

Traditional ROI: 3.73%

1526 Cypress Trace Drive

Melbourne, FL

3 beds | 2 baths | 1,795 sq.ft.

$525,000

Airbnb cash on cash: 0.83%

Traditional cash on cash: 3.24%

Airbnb Rental Income: $1709

Traditional Rental Income: $2420

Airbnb ROI: 0.83%

Traditional ROI: 3.24%

1034 Villa Drive

Melbourne, FL

2 beds | 2 baths | 1,520 sq.ft.

$279,900

Airbnb cash on cash: -0.98%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $1275

Traditional Rental Income: $2027

Airbnb ROI: -0.98%

Traditional ROI: 3.4%

2823 Wright Avenue

Melbourne, FL

2 beds | 2 baths | 1,156 sq.ft.

$330,000

Airbnb cash on cash: 0.77%

Traditional cash on cash: 3.86%

Airbnb Rental Income: $1275

Traditional Rental Income: $1831

Airbnb ROI: 0.77%

Traditional ROI: 3.86%

424 Brown Avenue

Melbourne, FL

3 beds | 2 baths | 1,556 sq.ft.

$405,900

Airbnb cash on cash: 1.29%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $1709

Traditional Rental Income: $2463

Airbnb ROI: 1.29%

Traditional ROI: 4.51%

7808 Shadowood Dr #803

Melbourne, FL

2 beds | 2 baths | 1,162 sq.ft.

$163,999

Airbnb cash on cash: -0.31%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $1275

Traditional Rental Income: $1608

Airbnb ROI: -0.31%

Traditional ROI: 4.38%

3575 Salt Marsh Cir

Melbourne, FL

4 beds | 3 baths | 2,305 sq.ft.

$600,000

Airbnb cash on cash: 0.56%

Traditional cash on cash: 2.02%

Airbnb Rental Income: $2195

Traditional Rental Income: $2460

Airbnb ROI: 0.56%

Traditional ROI: 2.02%

4362 YORKSHIRE DRIVE

Melbourne, FL

3 beds | 2 baths | 1,148 sq.ft.

$219,900

Airbnb cash on cash: 3.14%

Traditional cash on cash: 6.49%

Airbnb Rental Income: $1709

Traditional Rental Income: $1934

Airbnb ROI: 3.14%