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.	$328,200	Airbnb cash on cash: -0.47% Traditional cash on cash: 3.52% Airbnb Rental Income: $1275 Traditional Rental Income: $2106 Airbnb ROI: -0.47% Traditional ROI: 3.52%
9022 Brighton Ct #4a Melbourne, FL Ground floor unit in Beautiful Greenwood Manor! Nice open living area with fireplace and s...	3 beds \| 2 baths \| 1,320 sq.ft.	$217,500	Airbnb cash on cash: 0.81% Traditional cash on cash: 3.23% Airbnb Rental Income: $1709 Traditional Rental Income: $1734 Airbnb ROI: 0.81% Traditional ROI: 3.23%
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: 1.55% Traditional cash on cash: 5.19% Airbnb Rental Income: $1709 Traditional Rental Income: $2466 Airbnb ROI: 1.55% Traditional ROI: 5.19%
3564 Province Dr 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: 0.47% Traditional cash on cash: 1.9% Airbnb Rental Income: $2195 Traditional Rental Income: $2907 Airbnb ROI: 0.47% Traditional ROI: 1.9%
6146 Meghan Dr Melbourne, FL Spacious 4 bedroom, 2 bath home featuring a desirable split floor plan in the Sunrise subd...	4 beds \| 2 baths \| 2,095 sq.ft.	$425,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 4% Airbnb Rental Income: $2195 Traditional Rental Income: $2629 Airbnb ROI: 1.52% Traditional ROI: 4%
3170 Hilliard Ct Melbourne, FL Beneath a canopy of majestic oaks in the serene enclave of Knight Oak, this 3376 sq. ft. e...	4 beds \| 3 baths \| 3,376 sq.ft.	$1,375,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 1.31% Airbnb Rental Income: $2195 Traditional Rental Income: $3611 Airbnb ROI: -0.24% Traditional ROI: 1.31%
1671 Lago Mar Dr Melbourne, FL This beautifully updated, move-in ready home stands out as one of the best opportunities i...	3 beds \| 2 baths \| 1,765 sq.ft.	$424,900	Airbnb cash on cash: 0.59% Traditional cash on cash: 3.19% Airbnb Rental Income: $1709 Traditional Rental Income: $2282 Airbnb ROI: 0.59% Traditional ROI: 3.19%
220 Cinnamon Lake Cir Melbourne, FL EXTERIOR freshly painted 2026!! Welcome to this inviting 4-bedroom, 2-bath split-bedroom h...	4 beds \| 2 baths \| 1,410 sq.ft.	$299,900	Airbnb cash on cash: 3.51% Traditional cash on cash: 5.72% Airbnb Rental Income: $2195 Traditional Rental Income: $2295 Airbnb ROI: 3.51% Traditional ROI: 5.72%
6461 Borasco Dr #3804 Melbourne, FL THE PERFECT HOME & LIFESTYLE...MASTER PLANNED MAGIC...JUST THE RIGHT SIZE...THIS BEAUTIFUL...	1 beds \| 1 baths \| 781 sq.ft.	$199,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 3% Airbnb Rental Income: $1148 Traditional Rental Income: $1462 Airbnb ROI: -0.68% Traditional ROI: 3%
2885 Maderia Cir Melbourne, FL This charming three bedroom, two bathroom home will have a BRAND NEW ROOFI nstalled befo...	3 beds \| 2 baths \| 1,292 sq.ft.	$335,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 4.5% Airbnb Rental Income: $1709 Traditional Rental Income: $2082 Airbnb ROI: 1.81% Traditional ROI: 4.5%
3083 Forest Creek Dr 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.	$409,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 4.47% Airbnb Rental Income: $1709 Traditional Rental Income: $2588 Airbnb ROI: 1.1% Traditional ROI: 4.47%
6470 Borasco Dr #2102 Melbourne, FL Charming 1-Bedroom Condo in Resort-Style Gated Community with Extra Storage space All appl...	1 beds \| 1 baths \| 598 sq.ft.	$139,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 5.55% Airbnb Rental Income: $1148 Traditional Rental Income: $1533 Airbnb ROI: -0.15% Traditional ROI: 5.55%
6838 Toland Drive unit: 307 #307 Melbourne, FL WAIT! Don't miss out on resort-style living in West Viera's most prestigious 55+ community...	2 beds \| 2 baths \| 1,262 sq.ft.	$270,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 3.02% Airbnb Rental Income: $1275 Traditional Rental Income: $1936 Airbnb ROI: -1.15% Traditional ROI: 3.02%
9002 Wedgewood Pl #5c Melbourne, FL AWESOME 2 BEDROOM 2 BATHROOM FIRST FLOOR CONDO! MOVE IN READY! THIS CONDO HAS A NEWER (201...	2 beds \| 2 baths \| 938 sq.ft.	$178,500	Airbnb cash on cash: -0.36% Traditional cash on cash: 3.05% Airbnb Rental Income: $1275 Traditional Rental Income: $1453 Airbnb ROI: -0.36% Traditional ROI: 3.05%
2899 Pebble Creek Street Melbourne, FL Back on market! Buyer got cold feet! Recently updated and truly move-in ready, this bright...	4 beds \| 2 baths \| 1,923 sq.ft.	$415,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 3.82% Airbnb Rental Income: $2195 Traditional Rental Income: $2197 Airbnb ROI: 2.39% Traditional ROI: 3.82%
3637 Peninsula Circle Melbourne, FL MOVE-IN READY \| DIRECT LAKEFRONT \| 4 BED \| 3 BATH \| POOL HOME \| 3-CAR GARAGE Stunning lake...	4 beds \| 3 baths \| 2,488 sq.ft.	$700,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 3.27% Airbnb Rental Income: $2195 Traditional Rental Income: $3352 Airbnb ROI: 0.65% Traditional ROI: 3.27%
7437 Monterey Ct Melbourne, FL You have to see this one because she is GORGEOUS! Meticulously maintained inside and out t...	3 beds \| 2 baths \| 1,700 sq.ft.	$435,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.36% Airbnb Rental Income: $1709 Traditional Rental Income: $2406 Airbnb ROI: 0.49% Traditional ROI: 3.36%
1531 Independence Ave Melbourne, FL Lovely, expanded Denver model, located in a resort-style country club community, offering ...	2 beds \| 2 baths \| 1,642 sq.ft.	$289,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 6.04% Airbnb Rental Income: $1275 Traditional Rental Income: $2200 Airbnb ROI: 1.17% Traditional ROI: 6.04%
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: 0.85% Traditional cash on cash: 3.64% Airbnb Rental Income: $2195 Traditional Rental Income: $3296 Airbnb ROI: 0.85% Traditional ROI: 3.64%
3150 N Harbor City Blvd #328 Melbourne, FL Enjoy easy Florida living in Shady Dell Riverside South, a well-maintained 55+ riverfront ...	1 beds \| 1 baths \| 828 sq.ft.	$129,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 5.26% Airbnb Rental Income: $1148 Traditional Rental Income: $1415 Airbnb ROI: 0.05% Traditional ROI: 5.26%
3017 Cortona Drive Melbourne, FL Immaculate! One owner, snowbird's 2nd home that shows like new. Located in the Cortona nei...	4 beds \| 3 baths \| 2,408 sq.ft.	$675,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 2.16% Airbnb Rental Income: $2195 Traditional Rental Income: $2985 Airbnb ROI: 0.03% Traditional ROI: 2.16%
6042 Newbury Cir Melbourne, FL This beautiful corner lot, 2,236 sq. ft. open plan home has 4 or 5 bedrooms , 2 baths, and...	4 beds \| 2 baths \| 2,236 sq.ft.	$604,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 2.99% Airbnb Rental Income: $2195 Traditional Rental Income: $2911 Airbnb ROI: 0.77% Traditional ROI: 2.99%
757 Spring Valley Dr Melbourne, FL Beautiful single story villa in sought after Suntree Country Club community. Very well mai...	2 beds \| 2 baths \| 1,170 sq.ft.	$314,900	Airbnb cash on cash: -0.76% Traditional cash on cash: 2.39% Airbnb Rental Income: $1275 Traditional Rental Income: $1808 Airbnb ROI: -0.76% Traditional ROI: 2.39%
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%
283 Murano Dr 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.	$265,000	Airbnb cash on cash: -3.4% Traditional cash on cash: 2.76% Airbnb Rental Income: $785 Traditional Rental Income: $2003 Airbnb ROI: -3.4% Traditional ROI: 2.76%
4078 Palladian Way Melbourne, FL MOTIVATED SELLER- ANOTHER MAJOR PRICE REDUCTION - ASSUMABLE VA MORTGAGE. Outside completel...	3 beds \| 2 baths \| 1,822 sq.ft.	$394,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 3.24% Airbnb Rental Income: $1709 Traditional Rental Income: $2245 Airbnb ROI: 0.51% Traditional ROI: 3.24%
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.	$439,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 3.63% Airbnb Rental Income: $1709 Traditional Rental Income: $2331 Airbnb ROI: 0.96% Traditional ROI: 3.63%
4094 Wilkes Drive Melbourne, FL This charming 4BDRM, 2BA residence offers over1,900sqft of living space with an open layou...	4 beds \| 2 baths \| 1,911 sq.ft.	$387,500	Airbnb cash on cash: 1.84% Traditional cash on cash: 3.72% Airbnb Rental Income: $2195 Traditional Rental Income: $2324 Airbnb ROI: 1.84% Traditional ROI: 3.72%
409 Lynn Ave Melbourne, FL Split-level home with scenic backdrop overlooking Elbow Creek. Entry level features a livi...	4 beds \| 3 baths \| 1,939 sq.ft.	$389,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 5.85% Airbnb Rental Income: $2195 Traditional Rental Income: $2604 Airbnb ROI: 3.21% Traditional ROI: 5.85%
409 E Melbourne Ave Melbourne, FL Welcome to your completely remodeled split-level pool sanctuary perfectly positioned withi...	4 beds \| 3 baths \| 1,938 sq.ft.	$599,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 3.81% Airbnb Rental Income: $2195 Traditional Rental Income: $3362 Airbnb ROI: 0.86% Traditional ROI: 3.81%
2245 Enjoya Ln Melbourne, FL Luxury WATERFRONT TOWNHOME in a GATED Downtown Community! LIKE-NEW, FURNISHED 2424 sq ft M...	3 beds \| 2 baths \| 2,424 sq.ft.	$524,990	Airbnb cash on cash: -1.29% Traditional cash on cash: 2.64% Airbnb Rental Income: $1709 Traditional Rental Income: $3163 Airbnb ROI: -1.29% Traditional ROI: 2.64%
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%
244 Murano Dr Melbourne, FL Beautiful townhouse convenient to shopping, restaurants and the beach. Home includes exte...	2 beds \| 2 baths \| 1,298 sq.ft.	$275,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 4.48% Airbnb Rental Income: $1275 Traditional Rental Income: $2289 Airbnb ROI: -0.98% Traditional ROI: 4.48%
703 Samuel Chase Ln Melbourne, FL This spacious 4 bed 2.5 bath home boasts nearly 2,200 Sq.Ft. in the highly sought after Cl...	4 beds \| 2 baths \| 2,197 sq.ft.	$389,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 4.84% Airbnb Rental Income: $2195 Traditional Rental Income: $2593 Airbnb ROI: 2.23% Traditional ROI: 4.84%
1692 Keys Gate Drive Melbourne, FL Welcome to this stunning 2-bedroom, 2-bath estate home in the premier 55+ community of Gra...	2 beds \| 2 baths \| 1,422 sq.ft.	$329,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 3.95% Airbnb Rental Income: $1275 Traditional Rental Income: $2190 Airbnb ROI: -0.29% Traditional ROI: 3.95%
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%
611 Dundee Circle Melbourne, FL Great 4-bedroom, 2-bath home in a quiet and beautiful West Melbourne neighborhood. This we...	4 beds \| 2 baths \| 1,714 sq.ft.	$355,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 5.15% Airbnb Rental Income: $2195 Traditional Rental Income: $2425 Airbnb ROI: 2.79% Traditional ROI: 5.15%
8582 Strom Park Dr Melbourne, FL Don't miss this one...price reduced to $549,000 with up to $10,000 toward buyer closing co...	4 beds \| 2 baths \| 1,938 sq.ft.	$539,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 2.99% Airbnb Rental Income: $2195 Traditional Rental Income: $2672 Airbnb ROI: 0.98% Traditional ROI: 2.99%
710 Spring Valley Dr Melbourne, FL Now is your chance, Back on Market! Great opportunity for this villa-style 3-bedroom townh...	3 beds \| 2 baths \| 1,410 sq.ft.	$315,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 3.14% Airbnb Rental Income: $1709 Traditional Rental Income: $2093 Airbnb ROI: 0.25% Traditional ROI: 3.14%
4375 Thistleberry Dr Melbourne, FL Roof 2019 - Cast Iron Replaced with PVC 2024. This beautifully maintained 2-bedroom, 1-bat...	2 beds \| 1 baths \| 1,032 sq.ft.	$245,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 5.33% Airbnb Rental Income: $1275 Traditional Rental Income: $1720 Airbnb ROI: 1.67% Traditional ROI: 5.33%

Real Estate investment in Melbourne, FL

There are 1,051 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 1,051 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

3029 Vallejo Way

Melbourne, FL

2 beds | 2 baths | 1,532 sq.ft.

$328,200

Airbnb cash on cash: -0.47%

Traditional cash on cash: 3.52%

Airbnb Rental Income: $1275

Traditional Rental Income: $2106

Airbnb ROI: -0.47%

Traditional ROI: 3.52%

9022 Brighton Ct #4a

Melbourne, FL

3 beds | 2 baths | 1,320 sq.ft.

$217,500

Airbnb cash on cash: 0.81%

Traditional cash on cash: 3.23%

Airbnb Rental Income: $1709

Traditional Rental Income: $1734

Airbnb ROI: 0.81%

Traditional ROI: 3.23%

3491 Fan Palm Boulevard

Melbourne, FL

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

$359,900

Airbnb cash on cash: 1.55%

Traditional cash on cash: 5.19%

Airbnb Rental Income: $1709

Traditional Rental Income: $2466

Airbnb ROI: 1.55%

Traditional ROI: 5.19%

3564 Province Dr

Melbourne, FL

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

$949,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 1.9%

Airbnb Rental Income: $2195

Traditional Rental Income: $2907

Airbnb ROI: 0.47%

Traditional ROI: 1.9%

6146 Meghan Dr

Melbourne, FL

4 beds | 2 baths | 2,095 sq.ft.

$425,000

Airbnb cash on cash: 1.52%

Traditional cash on cash: 4%

Airbnb Rental Income: $2195

Traditional Rental Income: $2629

Airbnb ROI: 1.52%

Traditional ROI: 4%

3170 Hilliard Ct

Melbourne, FL

4 beds | 3 baths | 3,376 sq.ft.

$1,375,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 1.31%

Airbnb Rental Income: $2195

Traditional Rental Income: $3611

Airbnb ROI: -0.24%

Traditional ROI: 1.31%

1671 Lago Mar Dr

Melbourne, FL

3 beds | 2 baths | 1,765 sq.ft.

$424,900

Airbnb cash on cash: 0.59%

Traditional cash on cash: 3.19%

Airbnb Rental Income: $1709

Traditional Rental Income: $2282

Airbnb ROI: 0.59%

Traditional ROI: 3.19%

220 Cinnamon Lake Cir

Melbourne, FL

4 beds | 2 baths | 1,410 sq.ft.

$299,900

Airbnb cash on cash: 3.51%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $2195

Traditional Rental Income: $2295

Airbnb ROI: 3.51%