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
906 Shiloh Drive Melbourne, FL Exceptional privacy, outdoor living, and flexible space define this beautifully upgraded 4...	4 beds \| 3 baths \| 2,758 sq.ft.	$825,000	Airbnb cash on cash: 3.72% Traditional cash on cash: 2.72% Airbnb Rental Income: $4923 Traditional Rental Income: $3142 Airbnb ROI: 3.72% Traditional ROI: 2.72%
3665 MIAMI Avenue Melbourne, FL Experience 3665 Miami Ave, a recently updated residence featuring a new roof and new HVAC ...	3 beds \| 2 baths \| 1,090 sq.ft.	$221,000	Airbnb cash on cash: 7.01% Traditional cash on cash: 7.21% Airbnb Rental Income: $2620 Traditional Rental Income: $2037 Airbnb ROI: 7.01% Traditional ROI: 7.21%
3079 Constellation Drive Melbourne, FL Come fall in love with the huge lania with panoramic relaxing waterfront views. Multiple l...	3 beds \| 3 baths \| 2,315 sq.ft.	$520,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 2.92% Airbnb Rental Income: $2620 Traditional Rental Income: $2661 Airbnb ROI: 1.55% Traditional ROI: 2.92%
2010 Franklin Street Melbourne, FL 2019 Concrete Block Built Downtown Melbourne Gem - Minutes from FIT & Northrop Grumman! We...	3 beds \| 2 baths \| 1,733 sq.ft.	$549,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 3.15% Airbnb Rental Income: $2620 Traditional Rental Income: $2528 Airbnb ROI: 2.11% Traditional ROI: 3.15%
6461 Borasco Drive #3804 Melbourne, FL MORTGAGE OPTIONS AVAILABLE...PERFECT HOME & LIFESTYLE...MASTER PLANNED MAGIC...THIS BEAUTI...	1 beds \| 1 baths \| 781 sq.ft.	$199,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 4.36% Airbnb Rental Income: $1354 Traditional Rental Income: $1719 Airbnb ROI: 0.23% Traditional ROI: 4.36%
1435 Talon Way Melbourne, FL Beautifully updated, light-filled and designed for the way you live, this lakefront pool h...	3 beds \| 2 baths \| 2,805 sq.ft.	$674,982	Airbnb cash on cash: 1.26% Traditional cash on cash: 2.49% Airbnb Rental Income: $2620 Traditional Rental Income: $2769 Airbnb ROI: 1.26% Traditional ROI: 2.49%
1880 Thesy Drive Melbourne, FL Casual Living Meets Ultimate Entertainer's Paradise! This spacious Florida pool home featu...	3 beds \| 2 baths \| 2,000 sq.ft.	$569,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 3.21% Airbnb Rental Income: $2620 Traditional Rental Income: $2761 Airbnb ROI: 1.77% Traditional ROI: 3.21%
452 Prestwick Court Melbourne, FL 10k credit towards closing!!! Motivated Seller! This spacious 3-bedroom, 4-bath townhome w...	3 beds \| 4 baths \| 1,841 sq.ft.	$375,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 4.42% Airbnb Rental Income: $2620 Traditional Rental Income: $2829 Airbnb ROI: 2.05% Traditional ROI: 4.42%
1380 Isabella Dr #105 Melbourne, FL Step into your peaceful sanctuary in the heart of Riverwalk. This meticulously maintained ...	3 beds \| 2 baths \| 1,752 sq.ft.	$324,900	Airbnb cash on cash: 2.71% Traditional cash on cash: 3.55% Airbnb Rental Income: $2620 Traditional Rental Income: $2252 Airbnb ROI: 2.71% Traditional ROI: 3.55%
1810 Whispering Oaks Cir 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: 2.55% Traditional cash on cash: 3.82% Airbnb Rental Income: $2620 Traditional Rental Income: $2621 Airbnb ROI: 2.55% Traditional ROI: 3.82%
4040 Knight Avenue Melbourne, FL Beautifully updated 3-bedroom, 2-bath home with a 1-car garage in the heart of Melbourne! ...	3 beds \| 2 baths \| 1,350 sq.ft.	$297,500	Airbnb cash on cash: 4.7% Traditional cash on cash: 5.06% Airbnb Rental Income: $2620 Traditional Rental Income: $2096 Airbnb ROI: 4.7% Traditional ROI: 5.06%
2882 Pembroke Road Melbourne, FL Centrally Located Melbourne Gem -- WITHOUT the HOA! Location, convenience, and total prope...	3 beds \| 2 baths \| 1,344 sq.ft.	$265,000	Airbnb cash on cash: 5.05% Traditional cash on cash: 5.59% Airbnb Rental Income: $2620 Traditional Rental Income: $2131 Airbnb ROI: 5.05% Traditional ROI: 5.59%
2148 King Richard Rd Melbourne, FL Welcome Home! This block construction home features a 2025 roof! The split plan has 3 bedr...	3 beds \| 2 baths \| 810 sq.ft.	$219,500	Airbnb cash on cash: 7.32% Traditional cash on cash: 6.58% Airbnb Rental Income: $2620 Traditional Rental Income: $1841 Airbnb ROI: 7.32% Traditional ROI: 6.58%
658 Young St 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: 1.13% Traditional cash on cash: 6.84% Airbnb Rental Income: $2620 Traditional Rental Income: $5326 Airbnb ROI: 1.13% Traditional ROI: 6.84%
1792 Washington Ave 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.	$278,900	Airbnb cash on cash: 5.09% Traditional cash on cash: 5.5% Airbnb Rental Income: $2620 Traditional Rental Income: $2103 Airbnb ROI: 5.09% Traditional ROI: 5.5%
2244 Post Road Melbourne, FL Located in an established Melbourne neighborhood, this charming 1957 single-story pool hom...	3 beds \| 1 baths \| 1,080 sq.ft.	$264,000	Airbnb cash on cash: 6.48% Traditional cash on cash: 5.54% Airbnb Rental Income: $2620 Traditional Rental Income: $1760 Airbnb ROI: 6.48% Traditional ROI: 5.54%
2642 MAJESTIC Avenue Melbourne, FL Impeccably maintained & extensively updated, this move-in-ready 3-bed, 2-bath, pool home o...	3 beds \| 2 baths \| 1,399 sq.ft.	$428,900	Airbnb cash on cash: 3.01% Traditional cash on cash: 3.43% Airbnb Rental Income: $2620 Traditional Rental Income: $2163 Airbnb ROI: 3.01% Traditional ROI: 3.43%
4057 Four Lakes Drive Melbourne, FL MOTIVATED SELLERS! Welcome home to this beautifully maintained single-family residence in ...	3 beds \| 2 baths \| 1,865 sq.ft.	$415,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 3.39% Airbnb Rental Income: $2620 Traditional Rental Income: $2160 Airbnb ROI: 2.97% Traditional ROI: 3.39%
2885 Regency Dr Melbourne, FL Welcome to this 2-bedroom, 2-bath condo in the conveniently located Coral Gardens communit...	2 beds \| 2 baths \| 996 sq.ft.	$158,000	Airbnb cash on cash: 5.12% Traditional cash on cash: 6.09% Airbnb Rental Income: $1965 Traditional Rental Income: $1594 Airbnb ROI: 5.12% Traditional ROI: 6.09%
688 Charles Dr 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.	$325,000	Airbnb cash on cash: 4.01% Traditional cash on cash: 4.24% Airbnb Rental Income: $2620 Traditional Rental Income: $2067 Airbnb ROI: 4.01% Traditional ROI: 4.24%
2500 Pepper Ave 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: 5.62% Traditional cash on cash: 5.86% Airbnb Rental Income: $2620 Traditional Rental Income: $2056 Airbnb ROI: 5.62% 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 \| 2 baths \| 1,440 sq.ft.	$220,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 4.58% Airbnb Rental Income: $1965 Traditional Rental Income: $2192 Airbnb ROI: 1.16% Traditional ROI: 4.58%
1850 Charlesmont Dr #119 Melbourne, FL Rare opportunity just 1/2 mile from the beach! This updated 1 bedroom, 1 bath second-floor...	1 beds \| 1 baths \| 700 sq.ft.	$232,500	Airbnb cash on cash: 5.08% Traditional cash on cash: 3.12% Airbnb Rental Income: $2785 Traditional Rental Income: $1701 Airbnb ROI: 5.08% Traditional ROI: 3.12%
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.	$195,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 8.21% Airbnb Rental Income: $1965 Traditional Rental Income: $2365 Airbnb ROI: 3.26% Traditional ROI: 8.21%
5080 Sparwood Ct 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.	$1,120,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 1.9% Airbnb Rental Income: $4923 Traditional Rental Income: $3229 Airbnb ROI: 2.55% Traditional ROI: 1.9%
951 Fostoria Drive Melbourne, FL Tucked away in a serene pocket of privacy, this beautifully maintained single family home ...	4 beds \| 3 baths \| 2,221 sq.ft.	$660,000	Airbnb cash on cash: 4.13% Traditional cash on cash: 3.05% Airbnb Rental Income: $4923 Traditional Rental Income: $3248 Airbnb ROI: 4.13% Traditional ROI: 3.05%
3255 Hield Road Melbourne, FL PRICED BELOW RECENT APPRAISAL!! COUNTRY LIVING just minutes away from all the every day co...	3 beds \| 2 baths \| 1,341 sq.ft.	$429,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 2.69% Airbnb Rental Income: $2620 Traditional Rental Income: $1989 Airbnb ROI: 2.7% Traditional ROI: 2.69%
1102 Egret Lake Way Melbourne, FL Motivated Seller!! The epitome of luxury, comfort & Florida living! This ADA-accessible ho...	3 beds \| 2 baths \| 1,862 sq.ft.	$599,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 3.95% Airbnb Rental Income: $2620 Traditional Rental Income: $2983 Airbnb ROI: 2.18% Traditional ROI: 3.95%

Real Estate investment in Melbourne, FL

There are 620 properties for sale in the city of Melbourne . The median list price in Melbourne is $309,815 and the average price per square foot is $175. In September 2026, the average monthly cash on cash return in Melbourne is 4.00%. The average monthly rental income in Melbourne is $2,098.

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

There are 620 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 $2,098.

Your search for investment property begins and ends here

Investment Property for Sale in Melbourne, FL

906 Shiloh Drive

Melbourne, FL

4 beds | 3 baths | 2,758 sq.ft.

$825,000

Airbnb cash on cash: 3.72%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $4923

Traditional Rental Income: $3142

Airbnb ROI: 3.72%

Traditional ROI: 2.72%

3665 MIAMI Avenue

Melbourne, FL

3 beds | 2 baths | 1,090 sq.ft.

$221,000

Airbnb cash on cash: 7.01%

Traditional cash on cash: 7.21%

Airbnb Rental Income: $2620

Traditional Rental Income: $2037

Airbnb ROI: 7.01%

Traditional ROI: 7.21%

3079 Constellation Drive

Melbourne, FL

3 beds | 3 baths | 2,315 sq.ft.

$520,000

Airbnb cash on cash: 1.55%

Traditional cash on cash: 2.92%

Airbnb Rental Income: $2620

Traditional Rental Income: $2661

Airbnb ROI: 1.55%

Traditional ROI: 2.92%

2010 Franklin Street

Melbourne, FL

3 beds | 2 baths | 1,733 sq.ft.

$549,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $2620

Traditional Rental Income: $2528

Airbnb ROI: 2.11%

Traditional ROI: 3.15%

6461 Borasco Drive #3804

Melbourne, FL

1 beds | 1 baths | 781 sq.ft.

$199,000

Airbnb cash on cash: 0.23%

Traditional cash on cash: 4.36%

Airbnb Rental Income: $1354

Traditional Rental Income: $1719

Airbnb ROI: 0.23%

Traditional ROI: 4.36%

1435 Talon Way

Melbourne, FL

3 beds | 2 baths | 2,805 sq.ft.

$674,982

Airbnb cash on cash: 1.26%

Traditional cash on cash: 2.49%

Airbnb Rental Income: $2620

Traditional Rental Income: $2769

Airbnb ROI: 1.26%

Traditional ROI: 2.49%

1880 Thesy Drive

Melbourne, FL

3 beds | 2 baths | 2,000 sq.ft.

$569,900

Airbnb cash on cash: 1.77%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $2620

Traditional Rental Income: $2761

Airbnb ROI: 1.77%

Traditional ROI: 3.21%

452 Prestwick Court

Melbourne, FL

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

$375,000

Airbnb cash on cash: 2.05%

Traditional cash on cash: 4.42%

Airbnb Rental Income: $2620

Traditional Rental Income: $2829

Airbnb ROI: 2.05%