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.	$309,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 5.05% Airbnb Rental Income: $1275 Traditional Rental Income: $2469 Airbnb ROI: -0.44% Traditional ROI: 5.05%
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: 0.47% Traditional cash on cash: 3.5% Airbnb Rental Income: $2195 Traditional Rental Income: $4320 Airbnb ROI: 0.47% Traditional ROI: 3.5%
3170 Hilliard Court Melbourne, FL JUST REDUCED -MOTIVATED SELLERS!!! Beneath a canopy of majestic oaks in the serene enclave...	4 beds \| 3 baths \| 3,376 sq.ft.	$1,285,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 1.89% Airbnb Rental Income: $2195 Traditional Rental Income: $4117 Airbnb ROI: -0.18% Traditional ROI: 1.89%
452 Prestwick Court Melbourne, FL Beautifully updated! This spacious 3-bedroom, 4-bath townhome with garage offers stylish l...	3 beds \| 4 baths \| 1,841 sq.ft.	$404,999	Airbnb cash on cash: -0.18% Traditional cash on cash: 4.39% Airbnb Rental Income: $1709 Traditional Rental Income: $2969 Airbnb ROI: -0.18% Traditional ROI: 4.39%
6470 Borasco Drive unit: 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.	$134,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 6% Airbnb Rental Income: $1148 Traditional Rental Income: $1560 Airbnb ROI: -0.12% Traditional ROI: 6%
1877 THESY DRIVE Melbourne, FL Welcome to 1877 Thesy Dr, a home that exudes charm and sophistication. The interior has be...	3 beds \| 2 baths \| 2,506 sq.ft.	$535,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 4.07% Airbnb Rental Income: $1709 Traditional Rental Income: $3272 Airbnb ROI: -0.01% Traditional ROI: 4.07%
1654 Highland Avenue Melbourne, FL The opportunity you have been waiting for! Few and far between for an historic downtown Ea...	4 beds \| 4 baths \| 1,372 sq.ft.	$825,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.02% Airbnb Rental Income: $2195 Traditional Rental Income: $3486 Airbnb ROI: 0.62% Traditional ROI: 3.02%
1531 Independence Avenue Melbourne, FL 72 HR KICK OUT CLAUSE IN PLACE. Lovely, expanded Denver model, located in a resort-style c...	2 beds \| 2 baths \| 1,642 sq.ft.	$289,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 7.24% Airbnb Rental Income: $1275 Traditional Rental Income: $2527 Airbnb ROI: 1.17% Traditional ROI: 7.24%
6042 Newbury Circle 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.	$599,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 4.72% Airbnb Rental Income: $2195 Traditional Rental Income: $3821 Airbnb ROI: 0.82% Traditional ROI: 4.72%
757 Spring Valley Drive Melbourne, FL Beautiful single story villa in sought after Suntree Country Club community. Very well mai...	2 beds \| 2 baths \| 1,170 sq.ft.	$309,900	Airbnb cash on cash: -0.76% Traditional cash on cash: 3.83% Airbnb Rental Income: $1275 Traditional Rental Income: $2212 Airbnb ROI: -0.76% Traditional ROI: 3.83%
4078 Palladian Way Melbourne, FL MOTIVATED SELLER- ANOTHER MAJOR PRICE REDUCTION - ASSUMABLE VA MORTGAGE. Outside completel...	3 beds \| 2 baths \| 1,822 sq.ft.	$389,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 5.01% Airbnb Rental Income: $1709 Traditional Rental Income: $2875 Airbnb ROI: 0.53% Traditional ROI: 5.01%
6450 Borasco Drive unit: 1708 Melbourne, FL The Avenues in Viera is your neighbor! Shopping and Dining is a short stroll when you arri...	2 beds \| 2 baths \| 1,157 sq.ft.	$165,000	Airbnb cash on cash: -2.44% Traditional cash on cash: 3.81% Airbnb Rental Income: $1275 Traditional Rental Income: $1857 Airbnb ROI: -2.44% Traditional ROI: 3.81%
409 Lynn Avenue 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: 8.78% Airbnb Rental Income: $2195 Traditional Rental Income: $3674 Airbnb ROI: 3.21% Traditional ROI: 8.78%
180 Paradise Boulevard unit: 18023 Melbourne, FL BEST HOA on Beachside! WALK 1/2 block to Paradise Beach Park, rated BEST beach in Melbourn...	2 beds \| 2 baths \| 1,266 sq.ft.	$249,000	Airbnb cash on cash: -1.98% Traditional cash on cash: 3.41% Airbnb Rental Income: $1275 Traditional Rental Income: $2142 Airbnb ROI: -1.98% Traditional ROI: 3.41%
1355 Mayflower Avenue Melbourne, FL Located in a resort-style country club community, this beautifully upgraded Expanded Bango...	3 beds \| 2 baths \| 1,764 sq.ft.	$330,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 6.07% Airbnb Rental Income: $1709 Traditional Rental Income: $2488 Airbnb ROI: 2.03% Traditional ROI: 6.07%
1254 Silver Lake Drive Melbourne, FL Beautifully updated 4-bed, 2-bath, 2,468 sq ft pool home in one of Suntree's most desirabl...	4 beds \| 2 baths \| 2,466 sq.ft.	$664,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 3.42% Airbnb Rental Income: $2195 Traditional Rental Income: $3095 Airbnb ROI: 1.07% Traditional ROI: 3.42%
1441 Royal Fern Drive Melbourne, FL Welcome to 1441 Royal Fern Drive, a stunning home in beautifully maintained Magnolia Point...	3 beds \| 2 baths \| 1,789 sq.ft.	$375,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 3.47% Airbnb Rental Income: $1709 Traditional Rental Income: $2290 Airbnb ROI: 0.48% Traditional ROI: 3.47%
1383 Vestavia Circle Melbourne, FL Welcome to luxury living in the gated Sawgrass Key community of Suntree/Viera. This move-i...	4 beds \| 5 baths \| 3,354 sq.ft.	$825,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.83% Airbnb Rental Income: $2195 Traditional Rental Income: $4261 Airbnb ROI: 0.42% Traditional ROI: 3.83%
4429 Country Road Melbourne, FL BRAND NEW ROOF! ''Almost heaven,'' tucked away just minutes from the heart of Wickham Road...	3 beds \| 3 baths \| 2,492 sq.ft.	$825,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 2.79% Airbnb Rental Income: $1709 Traditional Rental Income: $3399 Airbnb ROI: -0.02% Traditional ROI: 2.79%
1531 Vista Lake Circle Melbourne, FL This captivating 2-story residence offers 4 bedrooms (plus flex), 2.5 baths, and desirable...	4 beds \| 2 baths \| 2,142 sq.ft.	$390,000	Airbnb cash on cash: 2.9% Traditional cash on cash: 7.19% Airbnb Rental Income: $2195 Traditional Rental Income: $3208 Airbnb ROI: 2.9% Traditional ROI: 7.19%
3111 Le Conte Street Melbourne, FL Tucked into one of the most desirable areas of Melbourne, 3111 LeConte Street offers more ...	3 beds \| 2 baths \| 1,407 sq.ft.	$275,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 4.49% Airbnb Rental Income: $1709 Traditional Rental Income: $2491 Airbnb ROI: -0.35% Traditional ROI: 4.49%
584 N Wickham Road unit: 82 Melbourne, FL Seller Motivated Discover this charming 2-bedroom, 1-bathroom condo offering comfort and...	2 beds \| 1 baths \| 904 sq.ft.	$163,500	Airbnb cash on cash: 0.69% Traditional cash on cash: 6.93% Airbnb Rental Income: $1275 Traditional Rental Income: $1847 Airbnb ROI: 0.69% Traditional ROI: 6.93%
1423 Independence Avenue Melbourne, FL Just Reduced! Motivated Seller -- best value in sought after community in Indian River Col...	3 beds \| 2 baths \| 1,832 sq.ft.	$295,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 7.17% Airbnb Rental Income: $1709 Traditional Rental Income: $2708 Airbnb ROI: 1.87% Traditional ROI: 7.17%
1409 California Drive Melbourne, FL Enjoy peaceful water view at 1409 California Drive in the desirable Hidden Springs communi...	3 beds \| 2 baths \| 1,563 sq.ft.	$420,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 5.09% Airbnb Rental Income: $1709 Traditional Rental Income: $2814 Airbnb ROI: 1.08% Traditional ROI: 5.09%
3352 Russ Place Melbourne, FL Conveniently located in the beautiful 55+ community of Heritage Isle/Viera. So close to Vi...	4 beds \| 3 baths \| 2,381 sq.ft.	$499,900	Airbnb cash on cash: -0.07% Traditional cash on cash: 4.44% Airbnb Rental Income: $2195 Traditional Rental Income: $3749 Airbnb ROI: -0.07% Traditional ROI: 4.44%
1444 Boca Rio Drive Melbourne, FL Rare opportunity to own one of the most private and beautifully updated homes in this high...	3 beds \| 2 baths \| 2,011 sq.ft.	$499,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 4.76% Airbnb Rental Income: $1709 Traditional Rental Income: $3487 Airbnb ROI: -0.06% Traditional ROI: 4.76%
9045 YORK LANE #15A Melbourne, FL DO YOU WANT A SIMPLER LIFE? WE HAVE LEISURE TIME FOR SALEâ¦SAY GOODBYE TO YOUR LANDLORD A...	3 beds \| 2 baths \| 1,320 sq.ft.	$209,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 5.76% Airbnb Rental Income: $1709 Traditional Rental Income: $2134 Airbnb ROI: 1.24% Traditional ROI: 5.76%
3375 Hield Road Melbourne, FL Enjoy the best of privacy, security, and convenience on this 2.5-acre property, located ne...	3 beds \| 2 baths \| 1,951 sq.ft.	$789,500	Airbnb cash on cash: 0.19% Traditional cash on cash: 2.42% Airbnb Rental Income: $1709 Traditional Rental Income: $2881 Airbnb ROI: 0.19% Traditional ROI: 2.42%
1311 Independence Avenue Melbourne, FL Located in a resort-style country club community offering top-notch amenities for an excep...	4 beds \| 2 baths \| 1,859 sq.ft.	$399,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 6.22% Airbnb Rental Income: $2195 Traditional Rental Income: $3019 Airbnb ROI: 2.53% Traditional ROI: 6.22%
1584 Gardner Dr Melbourne, FL Welcome to 1584 Gardner Drive, a charming single-story home nestled in an established Melb...	3 beds \| 2 baths \| 1,257 sq.ft.	$299,000	Airbnb cash on cash: 2% Traditional cash on cash: 5.78% Airbnb Rental Income: $1709 Traditional Rental Income: $2300 Airbnb ROI: 2% Traditional ROI: 5.78%
2264 Bayhill Drive Melbourne, FL THIS PROPERTY IS ELIGIBLE FOR UP TO 100% FINANCING WITH PARTICIPATING LENDER! Now for sale...	4 beds \| 2 baths \| 1,902 sq.ft.	$434,900	Airbnb cash on cash: 2.16% Traditional cash on cash: 5.16% Airbnb Rental Income: $2195 Traditional Rental Income: $2863 Airbnb ROI: 2.16% Traditional ROI: 5.16%
1372 Independence Avenue Melbourne, FL Beautifully maintained, charming expanded Bangor model in a resort-style country club comm...	2 beds \| 2 baths \| 1,616 sq.ft.	$319,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 6.32% Airbnb Rental Income: $1275 Traditional Rental Income: $2454 Airbnb ROI: 1.05% Traditional ROI: 6.32%
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.	$428,500	Airbnb cash on cash: 1.59% Traditional cash on cash: 4.58% Airbnb Rental Income: $2195 Traditional Rental Income: $2837 Airbnb ROI: 1.59% Traditional ROI: 4.58%
883 Spring Oak Drive Melbourne, FL SELLER MOTIVATED! Built by Schwab Custom Homes featuring 4 bedrooms, 3 full bathrooms, dee...	4 beds \| 3 baths \| 2,288 sq.ft.	$499,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.7% Airbnb Rental Income: $2195 Traditional Rental Income: $3773 Airbnb ROI: 1.14% Traditional ROI: 5.7%
1636 GRANDVIEW WAY Melbourne, FL Charming home with historic character & modern updates offering comfort & convenience! Thi...	3 beds \| 2 baths \| 1,436 sq.ft.	$339,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 5.6% Airbnb Rental Income: $1709 Traditional Rental Income: $2429 Airbnb ROI: 1.85% Traditional ROI: 5.6%

Real Estate investment in Melbourne, FL

There are 390 properties for sale in the city of Melbourne . The median list price in Melbourne is $375,000 and the average price per square foot is $210. In March 2026, the average monthly cash on cash return in Melbourne is 4.00%. The average monthly rental income in Melbourne is $2,199.

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

There are 390 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 $2,199.

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.

$309,000

Airbnb cash on cash: -0.44%

Traditional cash on cash: 5.05%

Airbnb Rental Income: $1275

Traditional Rental Income: $2469

Airbnb ROI: -0.44%

Traditional ROI: 5.05%

3564 Province Drive

Melbourne, FL

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

$949,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 3.5%

Airbnb Rental Income: $2195

Traditional Rental Income: $4320

Airbnb ROI: 0.47%

Traditional ROI: 3.5%

3170 Hilliard Court

Melbourne, FL

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

$1,285,000

Airbnb cash on cash: -0.18%

Traditional cash on cash: 1.89%

Airbnb Rental Income: $2195

Traditional Rental Income: $4117

Airbnb ROI: -0.18%

Traditional ROI: 1.89%

452 Prestwick Court

Melbourne, FL

3 beds | 4 baths | 1,841 sq.ft.

$404,999

Airbnb cash on cash: -0.18%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $1709

Traditional Rental Income: $2969

Airbnb ROI: -0.18%

Traditional ROI: 4.39%

6470 Borasco Drive unit: 2102

Melbourne, FL

1 beds | 1 baths | 598 sq.ft.

$134,900

Airbnb cash on cash: -0.12%

Traditional cash on cash: 6%

Airbnb Rental Income: $1148

Traditional Rental Income: $1560

Airbnb ROI: -0.12%

Traditional ROI: 6%

1877 THESY DRIVE

Melbourne, FL

3 beds | 2 baths | 2,506 sq.ft.

$535,000

Airbnb cash on cash: -0.01%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $1709

Traditional Rental Income: $3272

Airbnb ROI: -0.01%

Traditional ROI: 4.07%

1654 Highland Avenue

Melbourne, FL

4 beds | 4 baths | 1,372 sq.ft.

$825,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 3.02%

Airbnb Rental Income: $2195

Traditional Rental Income: $3486

Airbnb ROI: 0.62%

Traditional ROI: 3.02%

1531 Independence Avenue

Melbourne, FL

2 beds | 2 baths | 1,642 sq.ft.

$289,000

Airbnb cash on cash: 1.17%

Traditional cash on cash: 7.24%

Airbnb Rental Income: $1275

Traditional Rental Income: $2527

Airbnb ROI: 1.17%