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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4901 Spinet Drive Melbourne, FL Motivated Seller! Welcome to 4901 Spinet Drive in the highly desirable Grand Haven communi...	4 beds \| 3 baths \| 2,862 sq.ft.	$499,999	Airbnb cash on cash: 3.95% Traditional cash on cash: 4.97% Airbnb Rental Income: $3633 Traditional Rental Income: $3314 Airbnb ROI: 3.95% Traditional ROI: 4.97%
3480 Harlock Road Melbourne, FL If you've been looking for space, privacy, and a great outdoor setup, this 3-bedroom, 2.5-...	3 beds \| 3 baths \| 2,376 sq.ft.	$525,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 3.54% Airbnb Rental Income: $2548 Traditional Rental Income: $2957 Airbnb ROI: 1.46% Traditional ROI: 3.54%
725 Tennessee Street Melbourne, FL Spacious living meets energy efficiency in this impressive home featuring a whole-home sol...	4 beds \| 3 baths \| 2,894 sq.ft.	$565,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 2.88% Airbnb Rental Income: $3633 Traditional Rental Income: $3015 Airbnb ROI: 2.55% Traditional ROI: 2.88%
2199 Fatzler Road Melbourne, FL Short Sale!!! Bring all reasonable offers!!! This spacious 4 bedroom, 2 bathroom single fa...	4 beds \| 2 baths \| 1,517 sq.ft.	$255,000	Airbnb cash on cash: 9.17% Traditional cash on cash: 7.48% Airbnb Rental Income: $3633 Traditional Rental Income: $2432 Airbnb ROI: 9.17% Traditional ROI: 7.48%
5453 The Willows Drive Melbourne, FL Rare opportunity to own a 5-acre pool home in The Willows, one of Melbourne's most desirab...	4 beds \| 3 baths \| 3,169 sq.ft.	$1,249,900	Airbnb cash on cash: 0.5% Traditional cash on cash: 0.87% Airbnb Rental Income: $3633 Traditional Rental Income: $3268 Airbnb ROI: 0.5% Traditional ROI: 0.87%
7667 N Wickham Road #705 Melbourne, FL OPPORTUNITY IS KNOCKING! If you're looking for an opportunity own in Cypress Cove at Suntr...	1 beds \| 1 baths \| 752 sq.ft.	$139,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 3.94% Airbnb Rental Income: $1266 Traditional Rental Income: $1365 Airbnb ROI: 0.19% Traditional ROI: 3.94%
2726 Majestic Avenue Melbourne, FL This Melbourne home truly has it all! Located in Melbourne's highly sought-after Kingsmill...	4 beds \| 2 baths \| 2,006 sq.ft.	$530,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 3.41% Airbnb Rental Income: $3633 Traditional Rental Income: $2880 Airbnb ROI: 3.32% Traditional ROI: 3.41%
2811 OHIO Street Melbourne, FL Charming 3-bedroom, 3-bathroom one-story home on a spacious 0.85-acre lot in Melbourne. Th...	3 beds \| 3 baths \| 1,824 sq.ft.	$479,900	Airbnb cash on cash: 2.3% Traditional cash on cash: 4.36% Airbnb Rental Income: $2548 Traditional Rental Income: $2857 Airbnb ROI: 2.3% Traditional ROI: 4.36%
1380 Isabella Drive #105 Melbourne, FL Welcome to your ultimate private sanctuary in the highly desirable Riverwalk community of ...	3 beds \| 3 baths \| 1,772 sq.ft.	$319,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 3.63% Airbnb Rental Income: $2548 Traditional Rental Income: $2252 Airbnb ROI: 2.58% Traditional ROI: 3.63%
1405 johnson st Melbourne, FL SELLER WILL PAY ALL CLOSING COSTS AND BUY DOWN THE CURRENT INTEREST RATE AND GIVE MONEY FO...	3 beds \| 2 baths \| 1,328 sq.ft.	$286,000	Airbnb cash on cash: 5.24% Traditional cash on cash: 6.39% Airbnb Rental Income: $2548 Traditional Rental Income: $2243 Airbnb ROI: 5.24% Traditional ROI: 6.39%
1290 Silver Lake Drive Melbourne, FL Welcome Home to Silver Lake in sought after Suntree! Situated on an oversized .38-acre lot...	3 beds \| 3 baths \| 2,299 sq.ft.	$639,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 4.07% Airbnb Rental Income: $2548 Traditional Rental Income: $3593 Airbnb ROI: 1.29% Traditional ROI: 4.07%
1810 Whispering Oaks Circle Melbourne, FL Where memories are made and friends always feel welcome! Nestled beneath majestic oak tree...	3 beds \| 2 baths \| 2,047 sq.ft.	$530,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 3.82% Airbnb Rental Income: $2548 Traditional Rental Income: $2621 Airbnb ROI: 2.43% Traditional ROI: 3.82%
800 Kerry Downs Circle Melbourne, FL Looking for spectacular views? This iconic two-story home overlooking the 3rd hole on the ...	4 beds \| 3 baths \| 3,557 sq.ft.	$949,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 2.73% Airbnb Rental Income: $3633 Traditional Rental Income: $4079 Airbnb ROI: 1.33% Traditional ROI: 2.73%
2675 Revolution Street #103 Melbourne, FL Welcome to Lake Washington Townhomes. This beautiful lakefront townhome built in 2013 offe...	2 beds \| 3 baths \| 1,508 sq.ft.	$229,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 5.57% Airbnb Rental Income: $1600 Traditional Rental Income: $2299 Airbnb ROI: 0.24% Traditional ROI: 5.57%
658 Young Street Melbourne, FL Outstanding investment opportunity in the Eau Gallie Arts District! This restored historic...	4 beds \| 4 baths \| 3,144 sq.ft.	$600,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 7.17% Airbnb Rental Income: $1600 Traditional Rental Income: $5326 Airbnb ROI: -0.3% Traditional ROI: 7.17%
1792 Washington Avenue Melbourne, FL Welcome to 1792 Washington Avenue! Situated on a corner lot, this 3-bedroom, 2-bath home o...	3 beds \| 2 baths \| 1,406 sq.ft.	$269,900	Airbnb cash on cash: 5.05% Traditional cash on cash: 5.71% Airbnb Rental Income: $2548 Traditional Rental Income: $2103 Airbnb ROI: 5.05% Traditional ROI: 5.71%
2244 Post Road Melbourne, FL NEW ROOF 10/16/2026! Enjoy RELAXED FLORIDA LIVING in this charming 1957 CONCRETE BLOCK POO...	3 beds \| 1 baths \| 1,080 sq.ft.	$259,000	Airbnb cash on cash: 6.37% Traditional cash on cash: 5.66% Airbnb Rental Income: $2548 Traditional Rental Income: $1760 Airbnb ROI: 6.37% Traditional ROI: 5.66%
1786 Alaqua Way Melbourne, FL OFFERING 20K for RATE BUYDOWN/CONCESSIONS!!! This 4 bed, 2.5 bath, two-car garage home is ...	4 beds \| 3 baths \| 2,472 sq.ft.	$399,000	Airbnb cash on cash: 4.87% Traditional cash on cash: 3.09% Airbnb Rental Income: $3633 Traditional Rental Income: $2175 Airbnb ROI: 4.87% Traditional ROI: 3.09%
688 Charles Drive Melbourne, FL Move right into this beautifully updated 3-bedroom, 2-bath home featuring an open floor pl...	3 beds \| 2 baths \| 1,181 sq.ft.	$310,000	Airbnb cash on cash: 4.04% Traditional cash on cash: 4.49% Airbnb Rental Income: $2548 Traditional Rental Income: $2067 Airbnb ROI: 4.04% Traditional ROI: 4.49%
2500 Pepper Avenue Melbourne, FL Step inside to find tile flooring flowing throughout the main living areas, creating a low...	3 beds \| 2 baths \| 1,185 sq.ft.	$275,000	Airbnb cash on cash: 5.39% Traditional cash on cash: 5.86% Airbnb Rental Income: $2548 Traditional Rental Income: $2056 Airbnb ROI: 5.39% Traditional ROI: 5.86%
227 Augusta Way Melbourne, FL Enjoy views of the 16th & 17th holes of the exclusive Suntree Country Club's Classic Golf ...	2 beds \| 3 baths \| 1,440 sq.ft.	$220,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 4.83% Airbnb Rental Income: $1600 Traditional Rental Income: $2192 Airbnb ROI: -0.2% Traditional ROI: 4.83%
2590 New York Street Melbourne, FL Welcome to 2590 New York St, where 0.85 acres of privacy, space and Florida living come to...	3 beds \| 3 baths \| 2,229 sq.ft.	$510,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 4.46% Airbnb Rental Income: $2548 Traditional Rental Income: $3200 Airbnb ROI: 1.8% Traditional ROI: 4.46%
2570 Revolution Street #103 Melbourne, FL This 2-bedroom, 2.5-bath townhome offers over 1,500 sq. ft. of living space with beautiful...	2 beds \| 3 baths \| 1,508 sq.ft.	$165,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 9.83% Airbnb Rental Income: $1600 Traditional Rental Income: $2365 Airbnb ROI: 2.08% Traditional ROI: 9.83%
2157 Colony Drive Melbourne, FL Quiet and established Melbourne neighborhood. Well maintained 3 bedroom and 2 bath pool ho...	3 beds \| 2 baths \| 1,272 sq.ft.	$319,900	Airbnb cash on cash: 4.84% Traditional cash on cash: 6.92% Airbnb Rental Income: $2548 Traditional Rental Income: $2561 Airbnb ROI: 4.84% Traditional ROI: 6.92%
5080 Sparwood Court Melbourne, FL Ideally located in a Cul De Sac backing to a large lake, this Key West style home is immac...	4 beds \| 3 baths \| 2,528 sq.ft.	$1,050,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 2.1% Airbnb Rental Income: $3633 Traditional Rental Income: $3229 Airbnb ROI: 1.7% Traditional ROI: 2.1%
166 San Juan Circle #166 Melbourne, FL 3 bedroom 2 bathroom condo with fresh flooring throughout and a kitchen that was fully upd...	3 beds \| 2 baths \| 1,174 sq.ft.	$149,500	Airbnb cash on cash: 6.65% Traditional cash on cash: 5.56% Airbnb Rental Income: $2548 Traditional Rental Income: $1778 Airbnb ROI: 6.65% Traditional ROI: 5.56%
3601 Carriage Gate Drive Melbourne, FL Spectacular 4BR/3BA brick pool home with SEPARATE OFFICE on a private half-acre lot in des...	4 beds \| 3 baths \| 3,041 sq.ft.	$924,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 2.44% Airbnb Rental Income: $3633 Traditional Rental Income: $3465 Airbnb ROI: 1.71% Traditional ROI: 2.44%
750 Ashbury Avenue Melbourne, FL Experience the best of indoor and outdoor living at 750 Ashbury Avenue in Melbourne! This ...	3 beds \| 2 baths \| 1,992 sq.ft.	$509,999	Airbnb cash on cash: 2.05% Traditional cash on cash: 3.76% Airbnb Rental Income: $2548 Traditional Rental Income: $2750 Airbnb ROI: 2.05% Traditional ROI: 3.76%
1165 IDA Way Melbourne, FL ABSOLUTELY GORGEOUS LAKEFRONT SINGLE-FAMILY HOME \| PRIME MELBOURNE LOCATION \| OVERSIZED LO...	3 beds \| 2 baths \| 1,808 sq.ft.	$389,500	Airbnb cash on cash: 3.01% Traditional cash on cash: 4.91% Airbnb Rental Income: $2548 Traditional Rental Income: $2627 Airbnb ROI: 3.01% Traditional ROI: 4.91%
2094 Hyde Parkway Melbourne, FL Seller offering concessions. Move-in ready 2020 Newer Home on a Spacious 0.25-Acre Lot wit...	3 beds \| 3 baths \| 2,121 sq.ft.	$549,900	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.56% Airbnb Rental Income: $2548 Traditional Rental Income: $2958 Airbnb ROI: 1.56% Traditional ROI: 3.56%
2093 Greenway Drive Melbourne, FL Custom-built in 2020 with uncompromising attention to detail, this modern luxury residence...	3 beds \| 3 baths \| 2,121 sq.ft.	$549,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 3.02% Airbnb Rental Income: $2548 Traditional Rental Income: $2736 Airbnb ROI: 1.45% Traditional ROI: 3.02%
2655 Leewood Boulevard Melbourne, FL SELLERS WILL PUT ON A NEW ROOF PRIOR TO CLOSING. Tastefully updated and move-in ready, thi...	3 beds \| 2 baths \| 1,509 sq.ft.	$265,000	Airbnb cash on cash: 5.23% Traditional cash on cash: 7.11% Airbnb Rental Income: $2548 Traditional Rental Income: $2405 Airbnb ROI: 5.23% Traditional ROI: 7.11%
1435 S Harbor City Boulevard #1002 Melbourne, FL A RARE RIVERFRONT PENTHOUSE -- NEARLY 4,500 SQ. FT. OF LUXURY Experience Intracoastal livi...	4 beds \| 4 baths \| 4,428 sq.ft.	$1,875,000	Airbnb cash on cash: -1.29% Traditional cash on cash: -0.02% Airbnb Rental Income: $3633 Traditional Rental Income: $5053 Airbnb ROI: -1.29% Traditional ROI: -0.02%

Real Estate investment in Melbourne, FL

There are 298 properties for sale in the city of Melbourne . The median list price in Melbourne is $303,855 and the average price per square foot is $171. In November 2026, the average monthly cash on cash return in Melbourne is 4.00%. The average monthly rental income in Melbourne is $2,057.

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

There are 298 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 $2,057.

Your search for investment property begins and ends here

Investment Property for Sale in Melbourne, FL

4901 Spinet Drive

Melbourne, FL

4 beds | 3 baths | 2,862 sq.ft.

$499,999

Airbnb cash on cash: 3.95%

Traditional cash on cash: 4.97%

Airbnb Rental Income: $3633

Traditional Rental Income: $3314

Airbnb ROI: 3.95%

Traditional ROI: 4.97%

3480 Harlock Road

Melbourne, FL

3 beds | 3 baths | 2,376 sq.ft.

$525,000

Airbnb cash on cash: 1.46%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $2548

Traditional Rental Income: $2957

Airbnb ROI: 1.46%

Traditional ROI: 3.54%

725 Tennessee Street

Melbourne, FL

4 beds | 3 baths | 2,894 sq.ft.

$565,000

Airbnb cash on cash: 2.55%

Traditional cash on cash: 2.88%

Airbnb Rental Income: $3633

Traditional Rental Income: $3015

Airbnb ROI: 2.55%

Traditional ROI: 2.88%

2199 Fatzler Road

Melbourne, FL

4 beds | 2 baths | 1,517 sq.ft.

$255,000

Airbnb cash on cash: 9.17%

Traditional cash on cash: 7.48%

Airbnb Rental Income: $3633

Traditional Rental Income: $2432

Airbnb ROI: 9.17%

Traditional ROI: 7.48%

5453 The Willows Drive

Melbourne, FL

4 beds | 3 baths | 3,169 sq.ft.

$1,249,900

Airbnb cash on cash: 0.5%

Traditional cash on cash: 0.87%

Airbnb Rental Income: $3633

Traditional Rental Income: $3268

Airbnb ROI: 0.5%

Traditional ROI: 0.87%

7667 N Wickham Road #705

Melbourne, FL

1 beds | 1 baths | 752 sq.ft.

$139,000

Airbnb cash on cash: 0.19%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $1266

Traditional Rental Income: $1365

Airbnb ROI: 0.19%

Traditional ROI: 3.94%

2726 Majestic Avenue

Melbourne, FL

4 beds | 2 baths | 2,006 sq.ft.

$530,000

Airbnb cash on cash: 3.32%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $3633

Traditional Rental Income: $2880

Airbnb ROI: 3.32%

Traditional ROI: 3.41%

2811 OHIO Street

Melbourne, FL

3 beds | 3 baths | 1,824 sq.ft.

$479,900

Airbnb cash on cash: 2.3%

Traditional cash on cash: 4.36%

Airbnb Rental Income: $2548

Traditional Rental Income: $2857

Airbnb ROI: 2.3%