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.

San Rafael Hill Investment Property for Sale in Melbourne, FL

Search for San Rafael Hill Investment Property for Sale in Melbourne, Florida. Browse all of Mashvisor’s San Rafael Hill Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 471 San Rafael Hill Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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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.	$328,500	Airbnb cash on cash: -1.07% Traditional cash on cash: 2.92% Airbnb Rental Income: $1275 Traditional Rental Income: $2106 Airbnb ROI: -1.07% Traditional ROI: 2.92%
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: 1.57% Traditional cash on cash: 5.21% Airbnb Rental Income: $1709 Traditional Rental Income: $2466 Airbnb ROI: 1.57% Traditional ROI: 5.21%
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: 1.9% Airbnb Rental Income: $2195 Traditional Rental Income: $2907 Airbnb ROI: 0.47% Traditional ROI: 1.9%
3170 Hilliard Court 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 Drive Melbourne, FL Welcome to Grand Isle, one of the area's most desirable 55+ communities! This stunning hom...	3 beds \| 2 baths \| 1,765 sq.ft.	$439,900	Airbnb cash on cash: 0.71% Traditional cash on cash: 3.25% Airbnb Rental Income: $1709 Traditional Rental Income: $2282 Airbnb ROI: 0.71% Traditional ROI: 3.25%
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: 1.08% Traditional cash on cash: 4.04% Airbnb Rental Income: $1709 Traditional Rental Income: $2371 Airbnb ROI: 1.08% Traditional ROI: 4.04%
220 Cinnamon Lake Circle Melbourne, FL Welcome to this inviting 4-bedroom, 2-bath split-bedroom home with a 2-car garage and plen...	4 beds \| 2 baths \| 1,410 sq.ft.	$315,000	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 Drive unit: 3804 #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%
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.	$1,165,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 0.8% Airbnb Rental Income: $1709 Traditional Rental Income: $3321 Airbnb ROI: -1.13% Traditional ROI: 0.8%
2885 Maderia Circle 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: 1.84% Traditional cash on cash: 4.52% Airbnb Rental Income: $1709 Traditional Rental Income: $2082 Airbnb ROI: 1.84% Traditional ROI: 4.52%
3083 Forest Creek Drive 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.	$429,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 4.5% Airbnb Rental Income: $1709 Traditional Rental Income: $2588 Airbnb ROI: 1.13% Traditional ROI: 4.5%
4365 Negal Circle Melbourne, FL Modern, refined, and packed with upgrades! Located in the prestigious gated community of L...	3 beds \| 4 baths \| 2,188 sq.ft.	$549,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 3.72% Airbnb Rental Income: $1709 Traditional Rental Income: $2735 Airbnb ROI: 0.8% Traditional ROI: 3.72%
1216 Shiloh Drive Melbourne, FL NEW PRICE! SELLER SAYS BRING OFFERS!! Stunning pool home located in one of Viera's sought ...	4 beds \| 4 baths \| 2,583 sq.ft.	$729,999	Airbnb cash on cash: 0.04% Traditional cash on cash: 1.77% Airbnb Rental Income: $2195 Traditional Rental Income: $2820 Airbnb ROI: 0.04% Traditional ROI: 1.77%
6470 Borasco Drive unit: 2102 #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.	$145,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 5.33% Airbnb Rental Income: $1148 Traditional Rental Income: $1533 Airbnb ROI: -0.18% Traditional ROI: 5.33%
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%
425 Baytree Drive Melbourne, FL Welcome to Baytree Golf & Lakefront Paradise Where serenity meets convenience... Quietly n...	4 beds \| 4 baths \| 3,279 sq.ft.	$799,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 2.81% Airbnb Rental Income: $2195 Traditional Rental Income: $3843 Airbnb ROI: -0.15% Traditional ROI: 2.81%
867 Villa Drive Melbourne, FL 72 hr Kickout Clause. Located in the desirable Suntree Forest community, this 4-bedroom, 3...	4 beds \| 3 baths \| 2,192 sq.ft.	$485,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.8% Airbnb Rental Income: $2195 Traditional Rental Income: $3242 Airbnb ROI: 2.27% Traditional ROI: 5.8%
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 Court Melbourne, FL Welcome to Mission Lake Villas, one of Suntree's most desirable communities! This beautifu...	3 beds \| 2 baths \| 1,699 sq.ft.	$449,985	Airbnb cash on cash: 0.66% Traditional cash on cash: 3.44% Airbnb Rental Income: $1709 Traditional Rental Income: $2406 Airbnb ROI: 0.66% Traditional ROI: 3.44%
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.	$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 BOULEVARD #328 Melbourne, FL Welcome to Shady Dell Riverview Condos, a beautiful and well-maintained 55+ community. The...	1 beds \| 2 baths \| 828 sq.ft.	$149,900	Airbnb cash on cash: 2.26% Traditional cash on cash: 6.77% Airbnb Rental Income: $1148 Traditional Rental Income: $1415 Airbnb ROI: 2.26% Traditional ROI: 6.77%
1247 Hasley Place Melbourne, FL Beautiful 4 bedroom, 3 bath home in desirable gated community of Capron Ridge. Nestled on ...	4 beds \| 3 baths \| 2,042 sq.ft.	$498,850	Airbnb cash on cash: 1.11% Traditional cash on cash: 2.92% Airbnb Rental Income: $2195 Traditional Rental Income: $2485 Airbnb ROI: 1.11% Traditional ROI: 2.92%
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.	$314,900	Airbnb cash on cash: -0.77% Traditional cash on cash: 2.39% Airbnb Rental Income: $1275 Traditional Rental Income: $1808 Airbnb ROI: -0.77% 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.	$339,900	Airbnb cash on cash: -2.86% Traditional cash on cash: 1.52% Airbnb Rental Income: $1275 Traditional Rental Income: $2273 Airbnb ROI: -2.86% Traditional ROI: 1.52%
4078 Palladian Way Melbourne, FL MOTIVATED SELLER- MAJOR PRICE REDUCTION - ASSUMABLE VA MORTGAGE. Outside completely painte...	3 beds \| 2 baths \| 1,822 sq.ft.	$398,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 3.21% Airbnb Rental Income: $1709 Traditional Rental Income: $2245 Airbnb ROI: 0.51% Traditional ROI: 3.21%
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.	$439,900	Airbnb cash on cash: 0.96% Traditional cash on cash: 3.62% Airbnb Rental Income: $1709 Traditional Rental Income: $2331 Airbnb ROI: 0.96% Traditional ROI: 3.62%
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 E Melbourne Avenue Melbourne, FL Welcome to your completely remodeled split-level pool sanctuary perfectly positioned withi...	4 beds \| 3 baths \| 1,938 sq.ft.	$650,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 3.63% Airbnb Rental Income: $2195 Traditional Rental Income: $3362 Airbnb ROI: 0.79% Traditional ROI: 3.63%
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: -1.29% Traditional cash on cash: 1.34% Airbnb Rental Income: $1709 Traditional Rental Income: $2571 Airbnb ROI: -1.29% Traditional ROI: 1.34%
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.	$160,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 6.89% Airbnb Rental Income: $1275 Traditional Rental Income: $2036 Airbnb ROI: -0.72% Traditional ROI: 6.89%
611 Dundee Circle Melbourne, FL Great 3-bedroom, 2-bath home in a quiet and beautiful West Melbourne neighborhood. This we...	3 beds \| 2 baths \| 1,714 sq.ft.	$355,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 5.15% Airbnb Rental Income: $1709 Traditional Rental Income: $2425 Airbnb ROI: 1.58% Traditional ROI: 5.15%
8582 Strom Park Drive Melbourne, FL Price reduced to $570,000 with up to $10,000 toward buyer closing costs! Beautiful 3-bed +...	4 beds \| 2 baths \| 1,938 sq.ft.	$570,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 2.85% Airbnb Rental Income: $2195 Traditional Rental Income: $2672 Airbnb ROI: 0.91% Traditional ROI: 2.85%
984 Wimbledon Drive Melbourne, FL ''Paradise Living at its Finest'' Welcome to Waterford Pointe in the saought after Suntree...	3 beds \| 2 baths \| 1,896 sq.ft.	$559,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 2.52% Airbnb Rental Income: $1709 Traditional Rental Income: $2539 Airbnb ROI: 0.02% Traditional ROI: 2.52%
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.	$345,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 5.67% Airbnb Rental Income: $1709 Traditional Rental Income: $2455 Airbnb ROI: 1.9% Traditional ROI: 5.67%
4318 Palladian Way Melbourne, FL ((( UPDATED & UPGRADED IN HAMMOCK TRACE PRESERVE! ))) SPECTACULAR 4 BR / 2 BR CBS HOME ON ...	4 beds \| 2 baths \| 1,822 sq.ft.	$399,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 3.9% Airbnb Rental Income: $2195 Traditional Rental Income: $2267 Airbnb ROI: 2.23% Traditional ROI: 3.9%
4356 Davidia Drive Melbourne, FL Experience Florida living at its finest in this custom-built pool home nestled on a privat...	4 beds \| 3 baths \| 3,303 sq.ft.	$895,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 1.51% Airbnb Rental Income: $2195 Traditional Rental Income: $3089 Airbnb ROI: -0.23% Traditional ROI: 1.51%
1813 Cape Palos Drive Melbourne, FL Monaco Estates-known for its location-pairs perfectly w/this clean, freshly painted home. ...	3 beds \| 2 baths \| 1,292 sq.ft.	$329,900	Airbnb cash on cash: 1.78% Traditional cash on cash: 4.37% Airbnb Rental Income: $1709 Traditional Rental Income: $2038 Airbnb ROI: 1.78% Traditional ROI: 4.37%
4811 Decatur Circle Melbourne, FL Nestled along a peaceful community lake, this beautifully maintained 3-bedroom, 2-bath hom...	3 beds \| 2 baths \| 1,593 sq.ft.	$349,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 5.4% Airbnb Rental Income: $1709 Traditional Rental Income: $2484 Airbnb ROI: 1.59% Traditional ROI: 5.4%

Your search for investment property begins and ends here

San Rafael Hill Investment Property for Sale in Melbourne, FL

3029 Vallejo Way

Melbourne, FL

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

$328,500

Airbnb cash on cash: -1.07%

Traditional cash on cash: 2.92%

Airbnb Rental Income: $1275

Traditional Rental Income: $2106

Airbnb ROI: -1.07%

Traditional ROI: 2.92%

3491 Fan Palm Boulevard

Melbourne, FL

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

$359,900

Airbnb cash on cash: 1.57%

Traditional cash on cash: 5.21%

Airbnb Rental Income: $1709

Traditional Rental Income: $2466

Airbnb ROI: 1.57%

Traditional ROI: 5.21%

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: 1.9%

Airbnb Rental Income: $2195

Traditional Rental Income: $2907

Airbnb ROI: 0.47%

Traditional ROI: 1.9%

3170 Hilliard Court

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 Drive

Melbourne, FL

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

$439,900

Airbnb cash on cash: 0.71%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $1709

Traditional Rental Income: $2282

Airbnb ROI: 0.71%

Traditional ROI: 3.25%

3455 Soft Breeze Circle

Melbourne, FL

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

$409,000

Airbnb cash on cash: 1.08%

Traditional cash on cash: 4.04%

Airbnb Rental Income: $1709

Traditional Rental Income: $2371

Airbnb ROI: 1.08%

Traditional ROI: 4.04%

220 Cinnamon Lake Circle

Melbourne, FL

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

$315,000

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 Drive unit: 3804 #3804

Melbourne, FL

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%