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 Tucked away off the beaten path in a 24-hour secured, gated community with no through traf...	2 beds \| 2 baths \| 1,532 sq.ft.	$332,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 2.88% Airbnb Rental Income: $2196 Traditional Rental Income: $2106 Airbnb ROI: 1.39% Traditional ROI: 2.88%
460 Martello Way Melbourne, FL 72 hour kick-out clause. Former model home is turnkey and ready for its new owner to enjoy...	3 beds \| 2 baths \| 1,874 sq.ft.	$355,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 3.24% Airbnb Rental Income: $2798 Traditional Rental Income: $2324 Airbnb ROI: 2.7% Traditional ROI: 3.24%
3153 Appaloosa Boulevard Melbourne, FL 1+ ACRE, SOLAR-POWERED, NO HOA, and horse-friendly? YES, please. This country cutie is liv...	4 beds \| 2 baths \| 2,173 sq.ft.	$685,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 2.18% Airbnb Rental Income: $3510 Traditional Rental Income: $2530 Airbnb ROI: 2.5% Traditional ROI: 2.18%
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.	$949,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 1.9% Airbnb Rental Income: $3510 Traditional Rental Income: $2907 Airbnb ROI: 1.71% Traditional ROI: 1.9%
1001 W Eau Gallie Boulevard #211 Melbourne, FL ***OWNER FINANCING AVAILABLE with LOW INTEREST RATE for this Beautiful and bright 1 bedroo...	1 beds \| 1 baths \| 828 sq.ft.	$144,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 5.09% Airbnb Rental Income: $1956 Traditional Rental Income: $1572 Airbnb ROI: 4.14% Traditional ROI: 5.09%
1911 Fabien Circle Melbourne, FL 4b/2.5b 2-story Viera pool home w/bonus space up & down offers a smart layout, roomy bedro...	4 beds \| 2 baths \| 2,780 sq.ft.	$585,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 3.64% Airbnb Rental Income: $3510 Traditional Rental Income: $3236 Airbnb ROI: 2.73% Traditional ROI: 3.64%
3455 Soft Breeze Circle Melbourne, FL Absolutely stunning home in one of West Melbourne's most sought after subdivisions. Newer ...	3 beds \| 2 baths \| 2,009 sq.ft.	$409,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 4.04% Airbnb Rental Income: $2798 Traditional Rental Income: $2371 Airbnb ROI: 3.45% Traditional ROI: 4.04%
695 Brockton Way Melbourne, FL Are you looking for carefree Florida living in a beautiful sought after 55+ community in W...	3 beds \| 2 baths \| 1,624 sq.ft.	$334,900	Airbnb cash on cash: 3.96% Traditional cash on cash: 4.23% Airbnb Rental Income: $2798 Traditional Rental Income: $2225 Airbnb ROI: 3.96% Traditional ROI: 4.23%
2807 Golfview Drive Melbourne, FL Tucked away in a quiet neighborhood, this hidden gem blends comfort, charm, and Florida fu...	3 beds \| 2 baths \| 1,294 sq.ft.	$295,000	Airbnb cash on cash: 5.06% Traditional cash on cash: 4.64% Airbnb Rental Income: $2798 Traditional Rental Income: $2025 Airbnb ROI: 5.06% Traditional ROI: 4.64%
3425 Irene Street Melbourne, FL This 3 bed 1 bath house sit close to shopping, FIT, Melbourne Mall, and many other desirab...	3 beds \| 1 baths \| 920 sq.ft.	$270,000	Airbnb cash on cash: 6.66% Traditional cash on cash: 4.64% Airbnb Rental Income: $2798 Traditional Rental Income: $1628 Airbnb ROI: 6.66% Traditional ROI: 4.64%
6461 Borasco Drive #3804 Melbourne, FL AMAZING and Move in Ready CONDO...AFFORDABLE LUXURY LIVING IN THE HEART OF VIERA & CENTRAL...	1 beds \| 1 baths \| 781 sq.ft.	$229,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 2.64% Airbnb Rental Income: $1956 Traditional Rental Income: $1462 Airbnb ROI: 2.55% Traditional ROI: 2.64%
5663 Star Rush Dr #107 Melbourne, FL 2 Bedroom, 2 Bath condo in the Gated Community of Lakes of Vierra. Ground floor unit with ...	2 beds \| 2 baths \| 1,088 sq.ft.	$214,900	Airbnb cash on cash: 4.97% Traditional cash on cash: 5.38% Airbnb Rental Income: $2196 Traditional Rental Income: $1725 Airbnb ROI: 4.97% Traditional ROI: 5.38%
1379 Rose Court Melbourne, FL SPECTACULAR DIRECT RIVER FRONT PROPERTY in Rock Point Cul-de-sac Direct Indian River deep ...	3 beds \| 3 baths \| 2,380 sq.ft.	$1,170,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 0.79% Airbnb Rental Income: $2798 Traditional Rental Income: $3321 Airbnb ROI: -0.29% Traditional ROI: 0.79%
3296 Constellation Drive Melbourne, FL Welcome to this move-in ready home located in the desirable gated community of Pineda Ridg...	3 beds \| 2 baths \| 1,801 sq.ft.	$450,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 3.09% Airbnb Rental Income: $2798 Traditional Rental Income: $2444 Airbnb ROI: 2.37% Traditional ROI: 3.09%
3461 Areca Palm Avenue Melbourne, FL Beautiful pool home in Bel Aire Palms! Great floor plan with a formal living room, huge f...	3 beds \| 2 baths \| 1,722 sq.ft.	$359,900	Airbnb cash on cash: 3.6% Traditional cash on cash: 4.45% Airbnb Rental Income: $2798 Traditional Rental Income: $2432 Airbnb ROI: 3.6% Traditional ROI: 4.45%
149 Oak Lake Road Melbourne, FL HURRICANE COMING! No worries here! Built for peace of mind, this stunning waterfront home ...	3 beds \| 2 baths \| 2,008 sq.ft.	$359,000	Airbnb cash on cash: 3.35% Traditional cash on cash: 5.48% Airbnb Rental Income: $2798 Traditional Rental Income: $2861 Airbnb ROI: 3.35% Traditional ROI: 5.48%
499 Benton Drive Melbourne, FL Seller motivated...Built with peace of mind in mind, the home is equipped with Accordion h...	3 beds \| 2 baths \| 1,426 sq.ft.	$310,000	Airbnb cash on cash: 4.8% Traditional cash on cash: 4.34% Airbnb Rental Income: $2798 Traditional Rental Income: $2010 Airbnb ROI: 4.8% Traditional ROI: 4.34%
4365 Negal Circle Melbourne, FL Modern, refined, and packed with upgrades! Located in the prestigious gated community of L...	3 beds \| 3 baths \| 2,188 sq.ft.	$574,900	Airbnb cash on cash: 2.41% Traditional cash on cash: 3.52% Airbnb Rental Income: $2798 Traditional Rental Income: $2735 Airbnb ROI: 2.41% Traditional ROI: 3.52%
1586 Fuji Drive Melbourne, FL MOTIVATED SELLER! Welcome to this beautifully maintained home in Viera East/Suntree, Zoned...	4 beds \| 2 baths \| 2,162 sq.ft.	$489,900	Airbnb cash on cash: 3.78% Traditional cash on cash: 3.26% Airbnb Rental Income: $3510 Traditional Rental Income: $2501 Airbnb ROI: 3.78% Traditional ROI: 3.26%
1120 Ironsides Avenue Melbourne, FL Welcome to 1120 Ironsides - an expanded Raleigh model tucked away on a quiet cul-de-sac in...	3 beds \| 2 baths \| 2,032 sq.ft.	$343,500	Airbnb cash on cash: 4.64% Traditional cash on cash: 6.03% Airbnb Rental Income: $2798 Traditional Rental Income: $2593 Airbnb ROI: 4.64% Traditional ROI: 6.03%
6470 Borasco Drive #2102 Melbourne, FL Charming 1-Bedroom Condo in Resort-Style Gated Community with Extra Storage space All app...	1 beds \| 1 baths \| 598 sq.ft.	$154,900	Airbnb cash on cash: 4.33% Traditional cash on cash: 4.95% Airbnb Rental Income: $1956 Traditional Rental Income: $1533 Airbnb ROI: 4.33% Traditional ROI: 4.95%
6838 Toland Drive #307 Melbourne, FL Get the BEST VALUE for your dollars in Viera! Offered at a fraction of the price you woul...	2 beds \| 2 baths \| 1,262 sq.ft.	$273,900	Airbnb cash on cash: 1.82% Traditional cash on cash: 2.96% Airbnb Rental Income: $2196 Traditional Rental Income: $1936 Airbnb ROI: 1.82% Traditional ROI: 2.96%
3128 Constellation Drive Melbourne, FL Looking to relocate, downsize or buy your first home? This immaculate 4 bed/2bath home in...	4 beds \| 2 baths \| 2,009 sq.ft.	$489,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 3.75% Airbnb Rental Income: $3510 Traditional Rental Income: $2906 Airbnb ROI: 3.38% Traditional ROI: 3.75%
2780 Nobility Avenue Melbourne, FL Enjoy the Florida lifestyle in this beautiful Melbourne pool home. Conveniently located in...	3 beds \| 2 baths \| 1,518 sq.ft.	$410,000	Airbnb cash on cash: 4.3% Traditional cash on cash: 4.65% Airbnb Rental Income: $2798 Traditional Rental Income: $2277 Airbnb ROI: 4.3% Traditional ROI: 4.65%
3140 Constellation Drive Melbourne, FL Built in 2013! Remarkable, upgraded, and mint 3 bed, 2.5 bath home in the gated community ...	3 beds \| 2 baths \| 1,959 sq.ft.	$478,500	Airbnb cash on cash: 2.19% Traditional cash on cash: 2.91% Airbnb Rental Income: $2798 Traditional Rental Income: $2465 Airbnb ROI: 2.19% Traditional ROI: 2.91%
425 Baytree Drive Melbourne, FL Welcome to Baytree Golf & Lakefront Paradise Nestled within the exclusive, gated Baytre...	4 beds \| 3 baths \| 3,279 sq.ft.	$824,900	Airbnb cash on cash: 1.36% Traditional cash on cash: 2.8% Airbnb Rental Income: $3510 Traditional Rental Income: $3843 Airbnb ROI: 1.36% Traditional ROI: 2.8%
1649 Tullagee Avenue Melbourne, FL Welcome to your slice of Key West flair right in the heart of it all! This 4-bed, 3-bath s...	4 beds \| 3 baths \| 2,346 sq.ft.	$670,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 2.77% Airbnb Rental Income: $3510 Traditional Rental Income: $2776 Airbnb ROI: 2.71% Traditional ROI: 2.77%
1531 Independence Avenue Melbourne, FL Lovely, expanded Denver model, located in a resort-style country club community, offering ...	2 beds \| 2 baths \| 1,642 sq.ft.	$299,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 5.81% Airbnb Rental Income: $2196 Traditional Rental Income: $2200 Airbnb ROI: 3.82% Traditional ROI: 5.81%
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%
1768 Hudson Circle S Melbourne, FL Step into comfort and Florida charm in this lovely home nestled in a peaceful Melbourne ne...	3 beds \| 2 baths \| 1,475 sq.ft.	$279,000	Airbnb cash on cash: 5.41% Traditional cash on cash: 5.94% Airbnb Rental Income: $2798 Traditional Rental Income: $2282 Airbnb ROI: 5.41% Traditional ROI: 5.94%
997 Osprey Drive Melbourne, FL BACKUP OFFERS WELCOMED! Come see EAGLE'S LANDING AT SUNTREE, a meticulously maintained & p...	3 beds \| 2 baths \| 1,738 sq.ft.	$359,900	Airbnb cash on cash: 2.99% Traditional cash on cash: 3.82% Airbnb Rental Income: $2798 Traditional Rental Income: $2422 Airbnb ROI: 2.99% Traditional ROI: 3.82%
757 Spring Valley Drive Melbourne, FL Beautiful single story villa in sought after Suntree Country Club community. Very well ma...	2 beds \| 2 baths \| 1,170 sq.ft.	$314,900	Airbnb cash on cash: 1.83% Traditional cash on cash: 2.39% Airbnb Rental Income: $2196 Traditional Rental Income: $1808 Airbnb ROI: 1.83% Traditional ROI: 2.39%
3624 Gurrero Drive Melbourne, FL Experience the best of Florida living in this custom-built home, perfectly positioned on a...	3 beds \| 2 baths \| 2,238 sq.ft.	$525,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 2.57% Airbnb Rental Income: $2798 Traditional Rental Income: $2833 Airbnb ROI: 1.17% Traditional ROI: 2.57%
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.	$367,700	Airbnb cash on cash: -0.5% Traditional cash on cash: 1.33% Airbnb Rental Income: $2196 Traditional Rental Income: $2273 Airbnb ROI: -0.5% Traditional ROI: 1.33%
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.	$464,900	Airbnb cash on cash: 2.94% Traditional cash on cash: 3.37% Airbnb Rental Income: $2798 Traditional Rental Income: $2331 Airbnb ROI: 2.94% Traditional ROI: 3.37%
7911 Maplewood Drive #106 Melbourne, FL Don't miss this beautiful condo in one of West Melbourne's most sought-after communities! ...	2 beds \| 2 baths \| 1,216 sq.ft.	$150,000	Airbnb cash on cash: 5.43% Traditional cash on cash: 8.45% Airbnb Rental Income: $2196 Traditional Rental Income: $2074 Airbnb ROI: 5.43% Traditional ROI: 8.45%
904 Hall Street Melbourne, FL Welcome to 904 Hall Street, a charming single-family home on an oversized corner lot in a ...	3 beds \| 2 baths \| 1,368 sq.ft.	$250,000	Airbnb cash on cash: 6.2% Traditional cash on cash: 6.6% Airbnb Rental Income: $2798 Traditional Rental Income: $2238 Airbnb ROI: 6.2% Traditional ROI: 6.6%
3393 Dione Street Melbourne, FL CONVENIENT & COMFORTABLE LAKEFRONT LIVING! 2023 Whole House Solar ($35/month electric bill...	4 beds \| 2 baths \| 2,489 sq.ft.	$439,900	Airbnb cash on cash: 4.49% Traditional cash on cash: 4.58% Airbnb Rental Income: $3510 Traditional Rental Income: $2776 Airbnb ROI: 4.49% Traditional ROI: 4.58%
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: 0.5% Traditional cash on cash: 1.34% Airbnb Rental Income: $2798 Traditional Rental Income: $2571 Airbnb ROI: 0.5% Traditional ROI: 1.34%
1019 Worthington Spring Drive Melbourne, FL BRAND NEW ROOF! Located in the active Suntree lifestyle! Enjoy miles of scenic bike paths,...	3 beds \| 2 baths \| 2,185 sq.ft.	$630,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 2.62% Airbnb Rental Income: $2798 Traditional Rental Income: $2672 Airbnb ROI: 1.72% Traditional ROI: 2.62%

Real Estate investment in Melbourne, FL

There are 638 properties for sale in the city of Melbourne . The median list price in Melbourne is $399,000 and the average price per square foot is $214. In September 2025, the average monthly cash on cash return in Melbourne is 4.00%. The average monthly rental income in Melbourne is $2,282.

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

There are 638 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 $2,282.

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.

$332,000

Airbnb cash on cash: 1.39%

Traditional cash on cash: 2.88%

Airbnb Rental Income: $2196

Traditional Rental Income: $2106

Airbnb ROI: 1.39%

Traditional ROI: 2.88%

460 Martello Way

Melbourne, FL

3 beds | 2 baths | 1,874 sq.ft.

$355,000

Airbnb cash on cash: 2.7%

Traditional cash on cash: 3.24%

Airbnb Rental Income: $2798

Traditional Rental Income: $2324

Airbnb ROI: 2.7%

Traditional ROI: 3.24%

3153 Appaloosa Boulevard

Melbourne, FL

4 beds | 2 baths | 2,173 sq.ft.

$685,000

Airbnb cash on cash: 2.5%

Traditional cash on cash: 2.18%

Airbnb Rental Income: $3510

Traditional Rental Income: $2530

Airbnb ROI: 2.5%

Traditional ROI: 2.18%

3564 Province Drive

Melbourne, FL

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

$949,000

Airbnb cash on cash: 1.71%

Traditional cash on cash: 1.9%

Airbnb Rental Income: $3510

Traditional Rental Income: $2907

Airbnb ROI: 1.71%

Traditional ROI: 1.9%

1001 W Eau Gallie Boulevard #211

Melbourne, FL

1 beds | 1 baths | 828 sq.ft.

$144,000

Airbnb cash on cash: 4.14%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $1956

Traditional Rental Income: $1572

Airbnb ROI: 4.14%

Traditional ROI: 5.09%

1911 Fabien Circle

Melbourne, FL

4 beds | 2 baths | 2,780 sq.ft.

$585,000

Airbnb cash on cash: 2.73%

Traditional cash on cash: 3.64%

Airbnb Rental Income: $3510

Traditional Rental Income: $3236

Airbnb ROI: 2.73%

Traditional ROI: 3.64%

3455 Soft Breeze Circle

Melbourne, FL

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

$409,000

Airbnb cash on cash: 3.45%

Traditional cash on cash: 4.04%

Airbnb Rental Income: $2798

Traditional Rental Income: $2371

Airbnb ROI: 3.45%

Traditional ROI: 4.04%

695 Brockton Way

Melbourne, FL

3 beds | 2 baths | 1,624 sq.ft.

$334,900

Airbnb cash on cash: 3.96%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $2798

Traditional Rental Income: $2225

Airbnb ROI: 3.96%