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
3491 Fan Palm Boulevard Melbourne, FL Sun-filled 3 bed / 2 bath with heated salt water pool nestled in the prestigious Bel Aire ...	3 beds \| 2 baths \| 1,614 sq.ft.	$359,900	Airbnb cash on cash: 1.57% Traditional cash on cash: 5.21% Airbnb Rental Income: $1709 Traditional Rental Income: $2466 Airbnb ROI: 1.57% Traditional ROI: 5.21%
3083 Forest Creek Drive Melbourne, FL Discover comfort, convenience, and Florida living at its best in this 3 bed 2 bath pool ho...	3 beds \| 2 baths \| 1,721 sq.ft.	$429,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 4.5% Airbnb Rental Income: $1709 Traditional Rental Income: $2588 Airbnb ROI: 1.13% Traditional ROI: 4.5%
4365 Negal Circle Melbourne, FL Modern, refined, and packed with upgrades! Located in the prestigious gated community of L...	3 beds \| 4 baths \| 2,188 sq.ft.	$549,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 3.72% Airbnb Rental Income: $1709 Traditional Rental Income: $2735 Airbnb ROI: 0.8% Traditional ROI: 3.72%
315 Arcadia Avenue Melbourne, FL Welcome to your perfectly renovated pool home featuring a nice spacious layout with a larg...	3 beds \| 2 baths \| 1,655 sq.ft.	$439,900	Airbnb cash on cash: 0.96% Traditional cash on cash: 3.62% Airbnb Rental Income: $1709 Traditional Rental Income: $2331 Airbnb ROI: 0.96% Traditional ROI: 3.62%
409 E Melbourne Avenue Melbourne, FL Welcome to your completely remodeled split-level pool sanctuary perfectly positioned withi...	4 beds \| 3 baths \| 1,938 sq.ft.	$650,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 3.63% Airbnb Rental Income: $2195 Traditional Rental Income: $3362 Airbnb ROI: 0.79% Traditional ROI: 3.63%
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.	$544,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 1.34% Airbnb Rental Income: $1709 Traditional Rental Income: $2571 Airbnb ROI: -1.29% Traditional ROI: 1.34%
630 Brothers Avenue Melbourne, FL Priced to Sell - Don't Miss This Opportunity! This adorable home is nestled on a quiet cul...	3 beds \| 1 baths \| 864 sq.ft.	$160,000	Airbnb cash on cash: 5.29% Traditional cash on cash: 7.89% Airbnb Rental Income: $1709 Traditional Rental Income: $1633 Airbnb ROI: 5.29% Traditional ROI: 7.89%
3554 EGRET DRIVE Melbourne, FL Feather Lakes 3 bedroom/2 bathroom home. Enjoy the peace and serenity of the screened rear...	3 beds \| 2 baths \| 1,235 sq.ft.	$279,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 5.29% Airbnb Rental Income: $1709 Traditional Rental Income: $2131 Airbnb ROI: 1.89% Traditional ROI: 5.29%
1714 Fletcher Street Melbourne, FL Vintage Charm Meets Modern Living! This classic cottage has been lovingly updated, offeri...	2 beds \| 1 baths \| 744 sq.ft.	$254,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 5.38% Airbnb Rental Income: $1275 Traditional Rental Income: $1747 Airbnb ROI: 1.75% Traditional ROI: 5.38%
1465 S Harbor City Boulevard unit: 304 #304 Melbourne, FL Absolutely pristine corner END UNIT direct Riverfront condo that's like BRAND NEW. Breatht...	3 beds \| 3 baths \| 2,345 sq.ft.	$899,900	Airbnb cash on cash: -1.83% Traditional cash on cash: -0.05% Airbnb Rental Income: $1709 Traditional Rental Income: $2724 Airbnb ROI: -1.83% Traditional ROI: -0.05%
637 E Lincoln Avenue Melbourne, FL Beautifully updated, FULLY FURNISHED, 3/2 home just a stone's throw from Downtown Melbourn...	3 beds \| 2 baths \| 2,446 sq.ft.	$484,999	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.9% Airbnb Rental Income: $1709 Traditional Rental Income: $2817 Airbnb ROI: 0.42% Traditional ROI: 3.9%
2100 Vernon Place Melbourne, FL Historic Rock & Roll Landmark Home - Fully Renovated Masterpiece in Downtown Melbourne Ste...	2 beds \| 2 baths \| 1,856 sq.ft.	$989,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 1.3% Airbnb Rental Income: $1275 Traditional Rental Income: $2731 Airbnb ROI: -0.72% Traditional ROI: 1.3%
407 Bunker Street Melbourne, FL Located in the desirable Golf Club Estates community and just minutes from Florida Institu...	3 beds \| 2 baths \| 1,218 sq.ft.	$290,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 4.74% Airbnb Rental Income: $1709 Traditional Rental Income: $2051 Airbnb ROI: 1.76% Traditional ROI: 4.74%
501 E Fee Avenue Melbourne, FL This adorable cottage style home comes fully furnished and offers a true-mother-in law sui...	3 beds \| 2 baths \| 1,700 sq.ft.	$399,999	Airbnb cash on cash: 1.3% Traditional cash on cash: 4.66% Airbnb Rental Income: $1709 Traditional Rental Income: $2495 Airbnb ROI: 1.3% Traditional ROI: 4.66%
4022 Wilkes Drive Melbourne, FL Step inside this inviting home and be greeted by soaring vaulted ceilings that create an o...	4 beds \| 2 baths \| 1,911 sq.ft.	$349,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 4.51% Airbnb Rental Income: $2195 Traditional Rental Income: $2372 Airbnb ROI: 2.28% Traditional ROI: 4.51%
1465 S Harbor City Boulevard 702 Melbourne, FL This luxurious 3-bedroom, 3-bath condo, built in 2022, offers 2,082 sq. ft. of living spac...	3 beds \| 3 baths \| 2,082 sq.ft.	$1,100,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.98% Airbnb Rental Income: $1709 Traditional Rental Income: $2944 Airbnb ROI: -0.69% Traditional ROI: 0.98%
4445 Pagosa Springs Circle Melbourne, FL Welcome to this charming 4-bedroom, 2-bath home situated on a large corner lot in the beau...	4 beds \| 2 baths \| 1,830 sq.ft.	$430,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 3.62% Airbnb Rental Income: $2195 Traditional Rental Income: $2359 Airbnb ROI: 1.83% Traditional ROI: 3.62%
791 Indian Oaks Drive Melbourne, FL Please check this bright and welcoming 2-bedroom, 2-bath home in the highly sought, gated ...	2 beds \| 2 baths \| 1,466 sq.ft.	$299,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 4.08% Airbnb Rental Income: $1275 Traditional Rental Income: $2135 Airbnb ROI: -0.39% Traditional ROI: 4.08%
1604 PARK AVENUE Melbourne, FL Come see this cozy 3 bedroom 2 bathroom home! This home offers a huge lot, split floorplan...	3 beds \| 2 baths \| 1,152 sq.ft.	$259,990	Airbnb cash on cash: 3.22% Traditional cash on cash: 6.26% Airbnb Rental Income: $1709 Traditional Rental Income: $1982 Airbnb ROI: 3.22% Traditional ROI: 6.26%
600 Burr Street Melbourne, FL *Investment Property Alert* New roof and gutters. New H/W heater. Updated electrical a...	3 beds \| 2 baths \| 1,215 sq.ft.	$162,960	Airbnb cash on cash: 5.23% Traditional cash on cash: 10.41% Airbnb Rental Income: $1709 Traditional Rental Income: $2042 Airbnb ROI: 5.23% Traditional ROI: 10.41%
1465 S Harbor City Boulevard 902 Melbourne, FL OCEAN and river views from the 9th-floor residence, built in 2022, offering the feel of a...	3 beds \| 3 baths \| 2,082 sq.ft.	$946,750	Airbnb cash on cash: -0.57% Traditional cash on cash: 1.91% Airbnb Rental Income: $1709 Traditional Rental Income: $3421 Airbnb ROI: -0.57% Traditional ROI: 1.91%
519 WILLIAMS STREET Melbourne, FL Welcome to this delightful single-family residence has been fully renovated and is ready f...	2 beds \| 1 baths \| 629 sq.ft.	$157,975	Airbnb cash on cash: 3.76% Traditional cash on cash: 8.21% Airbnb Rental Income: $1275 Traditional Rental Income: $1545 Airbnb ROI: 3.76% Traditional ROI: 8.21%
4351 Silver Lake Drive Melbourne, FL Welcome to this beautifully updated 3-bedroom, 2-bath home in the highly sought-after Sout...	3 beds \| 2 baths \| 1,902 sq.ft.	$350,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 5.78% Airbnb Rental Income: $1709 Traditional Rental Income: $2463 Airbnb ROI: 2.04% Traditional ROI: 5.78%
2016 N Grant Place N unit: 101 #101 Melbourne, FL Stunning corner unit for rent in Historic Downtown Melbourne! This 2-bed, 1-bath condo boa...	2 beds \| 1 baths \| 1,050 sq.ft.	$259,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.75% Airbnb Rental Income: $1275 Traditional Rental Income: $1452 Airbnb ROI: -0.62% Traditional ROI: 1.75%
4570 Radiant Way unit: 104 #104 Melbourne, FL Resort-style community of Sonesta Walk. Townhouse offers 3 bedrooms & 2 baths with private...	3 beds \| 2 baths \| 1,277 sq.ft.	$291,500	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.99% Airbnb Rental Income: $1709 Traditional Rental Income: $1951 Airbnb ROI: 1.38% Traditional ROI: 3.99%
3463 Fan Palm Boulevard Melbourne, FL Location Location Location!!! LOCATED in the highly desirable Bel-Air Palms where you are ...	3 beds \| 2 baths \| 1,754 sq.ft.	$299,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 5.68% Airbnb Rental Income: $1709 Traditional Rental Income: $2389 Airbnb ROI: 1.59% Traditional ROI: 5.68%
2148 Country Club Road Melbourne, FL Welcome home to beautifully maintained 4-bedroom, 3.5 bathrooms golf front home nestled in...	4 beds \| 4 baths \| 2,596 sq.ft.	$675,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 2.26% Airbnb Rental Income: $2195 Traditional Rental Income: $2872 Airbnb ROI: 0.3% Traditional ROI: 2.26%
4020 Bayberry Drive Melbourne, FL Welcome to 4020 Bayberry Drive! This well-maintained 2BR/2BA home offers 1,046 square feet...	2 beds \| 2 baths \| 1,046 sq.ft.	$274,995	Airbnb cash on cash: 0.71% Traditional cash on cash: 4.2% Airbnb Rental Income: $1275 Traditional Rental Income: $1778 Airbnb ROI: 0.71% Traditional ROI: 4.2%
1919 Poinsetta Boulevard Melbourne, FL Start your next chapter in a TOTALLY renovated home that's been opened-up and redesigned f...	3 beds \| 1 baths \| 1,092 sq.ft.	$299,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 4.79% Airbnb Rental Income: $1709 Traditional Rental Income: $1756 Airbnb ROI: 2.94% Traditional ROI: 4.79%
3547 Mount Carmel Lane Melbourne, FL Great Opportunity - New Roof & Solar Welcome to 3547 Mount Carmel Lane in sunny Melbourne,...	3 beds \| 2 baths \| 1,344 sq.ft.	$299,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 4.69% Airbnb Rental Income: $1709 Traditional Rental Income: $2077 Airbnb ROI: 1.71% Traditional ROI: 4.69%
3486 Cabbage Palm Avenue Melbourne, FL Completed UPDATED 4 bedroom house with 1740 sq ft in the perfect location. Updates include...	4 beds \| 2 baths \| 1,740 sq.ft.	$350,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 5.48% Airbnb Rental Income: $2195 Traditional Rental Income: $2498 Airbnb ROI: 2.87% Traditional ROI: 5.48%
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.	$409,900	Airbnb cash on cash: 1.26% Traditional cash on cash: 4.46% Airbnb Rental Income: $1709 Traditional Rental Income: $2463 Airbnb ROI: 1.26% Traditional ROI: 4.46%
1211 E New Haven Avenue unit: 704 #704 Melbourne, FL Rare SE Corner Unit with Panoramic 7th Floor Views! Enjoy breathtaking sunrises & sunsets ...	3 beds \| 2 baths \| 2,561 sq.ft.	$699,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 1.91% Airbnb Rental Income: $1709 Traditional Rental Income: $3292 Airbnb ROI: -1.24% Traditional ROI: 1.91%
4650 Pagosa Springs Circle Melbourne, FL NO HONEY DO LIST HERE! Just bring your belongings & move right in just in time to unpack &...	4 beds \| 2 baths \| 2,505 sq.ft.	$399,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 4.4% Airbnb Rental Income: $2195 Traditional Rental Income: $2547 Airbnb ROI: 1.98% Traditional ROI: 4.4%
4571 Beck Lake Trail #1-124 Melbourne, FL Welcome Home to this peaceful Villa in a wooded Melbourne community. Soaring vaulted ceili...	2 beds \| 2 baths \| 1,144 sq.ft.	$220,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 4.56% Airbnb Rental Income: $1275 Traditional Rental Income: $1760 Airbnb ROI: 0.3% Traditional ROI: 4.56%
4645 Pagosa Springs Circle Melbourne, FL Welcome to your lakefront oasis. This five-bedroom, two-and-a-half-bath home, built in 201...	5 beds \| 2 baths \| 2,905 sq.ft.	$475,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 3.97% Airbnb Rental Income: $3184 Traditional Rental Income: $2947 Airbnb ROI: 2.89% Traditional ROI: 3.97%
4345 Millicent Cir Melbourne, FL Step into the perfect blend of comfort and convenience with this spacious 5-bedroom, 3-bat...	5 beds \| 3 baths \| 2,784 sq.ft.	$395,000	Airbnb cash on cash: 4.87% Traditional cash on cash: 6.38% Airbnb Rental Income: $3184 Traditional Rental Income: $3024 Airbnb ROI: 4.87% Traditional ROI: 6.38%
216 Cartier Avenue Melbourne, FL Introducing this great home at 216 Cartier Ave. Melbourne FL 32901....Now For Sale... A Ve...	5 beds \| 2 baths \| 2,246 sq.ft.	$374,400	Airbnb cash on cash: 4.29% Traditional cash on cash: 5.25% Airbnb Rental Income: $3184 Traditional Rental Income: $2804 Airbnb ROI: 4.29% Traditional ROI: 5.25%
4610 Lake Waterford Way unit: 8-101 #8-101 Melbourne, FL Perfect Location for easy access to I-95 , shopping, parks, downtown Melbourne & a short d...	2 beds \| 2 baths \| 965 sq.ft.	$164,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 5.33% Airbnb Rental Income: $1275 Traditional Rental Income: $1622 Airbnb ROI: 0.58% Traditional ROI: 5.33%
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%

Real Estate investment in Melbourne, FL

There are 469 properties for sale in the city of Melbourne . The median list price in Melbourne is $399,900 and the average price per square foot is $214. In December 2025, the average monthly cash on cash return in Melbourne is 4.00%. The average monthly rental income in Melbourne is $2,191.

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

There are 469 investment properties available for sale in Melbourne.

In 2025, 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 $2,191.

Your search for investment property begins and ends here

Investment Property for Sale in Melbourne, FL

3491 Fan Palm Boulevard

Melbourne, FL

3 beds | 2 baths | 1,614 sq.ft.

$359,900

Airbnb cash on cash: 1.57%

Traditional cash on cash: 5.21%

Airbnb Rental Income: $1709

Traditional Rental Income: $2466

Airbnb ROI: 1.57%

Traditional ROI: 5.21%

3083 Forest Creek Drive

Melbourne, FL

3 beds | 2 baths | 1,721 sq.ft.

$429,000

Airbnb cash on cash: 1.13%

Traditional cash on cash: 4.5%

Airbnb Rental Income: $1709

Traditional Rental Income: $2588

Airbnb ROI: 1.13%

Traditional ROI: 4.5%

4365 Negal Circle

Melbourne, FL

3 beds | 4 baths | 2,188 sq.ft.

$549,900

Airbnb cash on cash: 0.8%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $1709

Traditional Rental Income: $2735

Airbnb ROI: 0.8%

Traditional ROI: 3.72%

315 Arcadia Avenue

Melbourne, FL

3 beds | 2 baths | 1,655 sq.ft.

$439,900

Airbnb cash on cash: 0.96%

Traditional cash on cash: 3.62%

Airbnb Rental Income: $1709

Traditional Rental Income: $2331

Airbnb ROI: 0.96%

Traditional ROI: 3.62%

409 E Melbourne Avenue

Melbourne, FL

4 beds | 3 baths | 1,938 sq.ft.

$650,000

Airbnb cash on cash: 0.79%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $2195

Traditional Rental Income: $3362

Airbnb ROI: 0.79%

Traditional ROI: 3.63%

2240 Enjoya Lane

Melbourne, FL

3 beds | 2 baths | 2,103 sq.ft.

$544,000

Airbnb cash on cash: -1.29%

Traditional cash on cash: 1.34%

Airbnb Rental Income: $1709

Traditional Rental Income: $2571

Airbnb ROI: -1.29%

Traditional ROI: 1.34%

630 Brothers Avenue

Melbourne, FL

3 beds | 1 baths | 864 sq.ft.

$160,000

Airbnb cash on cash: 5.29%

Traditional cash on cash: 7.89%

Airbnb Rental Income: $1709

Traditional Rental Income: $1633

Airbnb ROI: 5.29%

Traditional ROI: 7.89%

3554 EGRET DRIVE

Melbourne, FL

3 beds | 2 baths | 1,235 sq.ft.

$279,000

Airbnb cash on cash: 1.89%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $1709

Traditional Rental Income: $2131

Airbnb ROI: 1.89%