Real Estate Investment Properties for Sale in Melrose, FL

Looking for investment property in Melrose, FL with high ROI ?

Explore a variety of short-term homes & houses in Melrose, FL. Invest wisely with VRBO & Melrose, 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 Melrose, FL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
468 SE 18TH Street MELROSE, FL Welcome to this charming 2-bedroom, 2-bath home in the heart of Melrose. Built in 1958 wit...	2 beds \| 2 baths \| 1,156 sq.ft.	$175,000	Airbnb cash on cash: 7.2% Traditional cash on cash: 8.23% Airbnb Rental Income: $2068 Traditional Rental Income: $1706 Airbnb ROI: 7.2% Traditional ROI: 8.23%
303 SE 3RD Avenue MELROSE, FL Old Florida Charm with Modern Comfort welcomes you home to peace and quiet in this charmin...	3 beds \| 2 baths \| 2,425 sq.ft.	$467,900	Airbnb cash on cash: 5.07% Traditional cash on cash: 3.54% Airbnb Rental Income: $3992 Traditional Rental Income: $2468 Airbnb ROI: 5.07% Traditional ROI: 3.54%
25608 DEVONIA STREET MELROSE, FL Welcome to your Lake Retreat on Melrose Bay, Lake Santa Fe! Designed by renowned architec...	3 beds \| 3 baths \| 2,556 sq.ft.	$999,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 0.53% Airbnb Rental Income: $3992 Traditional Rental Income: $2505 Airbnb ROI: 1.21% Traditional ROI: 0.53%
240 SWAN LAKE DRIVE MELROSE, FL Welcome to this charming lakefront pool home featuring a main house with 3 bedrooms and 2 ...	3 beds \| 3 baths \| 2,754 sq.ft.	$465,000	Airbnb cash on cash: 4.69% Traditional cash on cash: 3.9% Airbnb Rental Income: $3992 Traditional Rental Income: $2795 Airbnb ROI: 4.69% Traditional ROI: 3.9%
460 SE 4TH Avenue MELROSE, FL PRICED TO MOVE, this Melrose waterfront retreat is one of the best values on the market. S...	3 beds \| 2 baths \| 2,072 sq.ft.	$599,000	Airbnb cash on cash: 3.98% Traditional cash on cash: 3.27% Airbnb Rental Income: $3992 Traditional Rental Income: $2743 Airbnb ROI: 3.98% Traditional ROI: 3.27%
8290 MELROSE Road MELROSE, FL Charming Two-Story Brick Home on 4.5 Acres with Workshop & Prime Country Location on a pav...	5 beds \| 3 baths \| 2,800 sq.ft.	$575,000	Airbnb cash on cash: 3.72% Traditional cash on cash: 3.86% Airbnb Rental Income: $3965 Traditional Rental Income: $3193 Airbnb ROI: 3.72% Traditional ROI: 3.86%
125 E LEMON STREET #22 MELROSE, FL Charming 1940's Remodeled Historic Bungalow with Modern Touches & Screened Porch Retreat! ...	2 beds \| 1 baths \| 816 sq.ft.	$219,000	Airbnb cash on cash: 5.4% Traditional cash on cash: 5.37% Airbnb Rental Income: $2068 Traditional Rental Income: $1528 Airbnb ROI: 5.4% Traditional ROI: 5.37%
125 LEMON Street unit: 22 #22 MELROSE, FL Charming 1940's Remodeled Historic Bungalow with Modern Touches & Screened Porch Retreat! ...	2 beds \| 1 baths \| 816 sq.ft.	$219,000	Airbnb cash on cash: 5.41% Traditional cash on cash: 4.72% Airbnb Rental Income: $2068 Traditional Rental Income: $1390 Airbnb ROI: 5.41% Traditional ROI: 4.72%
8048 COUNTY LINE Road MELROSE, FL Fantastic home that has been incredibly updated with new kitchen and baths, new flooring, ...	3 beds \| 2 baths \| 2,020 sq.ft.	$510,000	Airbnb cash on cash: 4.91% Traditional cash on cash: 3.99% Airbnb Rental Income: $3992 Traditional Rental Income: $2701 Airbnb ROI: 4.91% Traditional ROI: 3.99%
8160 ALDERMAN Road MELROSE, FL Escape to your own slice of paradise on the serene shores of Lake Geneva! The property has...	2 beds \| 2 baths \| 1,416 sq.ft.	$299,500	Airbnb cash on cash: 3.34% Traditional cash on cash: 6.03% Airbnb Rental Income: $2068 Traditional Rental Income: $2292 Airbnb ROI: 3.34% Traditional ROI: 6.03%
8166 ALDERMAN Road MELROSE, FL Welcome to peaceful lakefront living on Lake Geneva! 3 bed, 4 bath home offers over 2800 s...	3 beds \| 4 baths \| 2,839 sq.ft.	$699,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 5.37% Airbnb Rental Income: $3992 Traditional Rental Income: $4622 Airbnb ROI: 3.09% Traditional ROI: 5.37%
601 SE 4TH Avenue MELROSE, FL Reduced price on this Adorable 3 bedroom 2 bath home in Seminole Ridge with access to Lake...	3 beds \| 2 baths \| 1,371 sq.ft.	$349,000	Airbnb cash on cash: 7.12% Traditional cash on cash: 3.74% Airbnb Rental Income: $3992 Traditional Rental Income: $2029 Airbnb ROI: 7.12% Traditional ROI: 3.74%
111 2ND STREET MELROSE, FL Great New Price!! FULLY RENOVATED HOME ON 1.5 ACRES WITH NEW SYSTEMS + SCREENED POOL, a r...	2 beds \| 2 baths \| 1,020 sq.ft.	$279,900	Airbnb cash on cash: 4.2% Traditional cash on cash: 4.83% Airbnb Rental Income: $2068 Traditional Rental Income: $1699 Airbnb ROI: 4.2% Traditional ROI: 4.83%
8453 NITTANY DRIVE MELROSE, FL Welcome to Nittany Dr in Melrose, FL, where nearly everything inside feels brand new. This...	3 beds \| 3 baths \| 1,924 sq.ft.	$419,900	Airbnb cash on cash: 6.46% Traditional cash on cash: 4.78% Airbnb Rental Income: $3992 Traditional Rental Income: $2476 Airbnb ROI: 6.46% Traditional ROI: 4.78%
5949 SE COUNTY RD 21B MELROSE, FL Be the First to Call This Home! This beautiful new construction home sits in the heart of ...	4 beds \| 2 baths \| 1,951 sq.ft.	$405,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 3.72% Airbnb Rental Income: $2931 Traditional Rental Income: $1913 Airbnb ROI: 4.62% Traditional ROI: 3.72%
8449 LILLY LAKE ROAD MELROSE, FL Come home to Florida lakefront living at its best! Welcome to the cool clear waters of Lak...	3 beds \| 2 baths \| 2,196 sq.ft.	$899,000	Airbnb cash on cash: 2.06% Traditional cash on cash: 1.41% Airbnb Rental Income: $3992 Traditional Rental Income: $2599 Airbnb ROI: 2.06% Traditional ROI: 1.41%
5955 SE COUNTY RD 21B MELROSE, FL Be the First to Call This Home! This beautiful new construction home sits in the heart of ...	4 beds \| 2 baths \| 1,981 sq.ft.	$410,000	Airbnb cash on cash: 4.55% Traditional cash on cash: 3.84% Airbnb Rental Income: $2931 Traditional Rental Income: $1979 Airbnb ROI: 4.55% Traditional ROI: 3.84%
101 Ramsey Dr MELROSE, FL Welcome home to this beautiful pool home on just over 10 acres with fencing, pastures, pon...	4 beds \| 4 baths \| 3,766 sq.ft.	$1,500,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 0.53% Airbnb Rental Income: $2931 Traditional Rental Income: $2603 Airbnb ROI: 0.28% Traditional ROI: 0.53%
2453 SE 30 Street MELROSE, FL Live the lake life on Lake Santa Fe. Built in 2018, this impeccably maintained singlefamil...	3 beds \| 4 baths \| 3,273 sq.ft.	$1,800,000	Airbnb cash on cash: -0.02% Traditional cash on cash: -0.52% Airbnb Rental Income: $3992 Traditional Rental Income: $2303 Airbnb ROI: -0.02% Traditional ROI: -0.52%
4704 NE 255TH Drive MELROSE, FL 7.36 ACRE LOTUPDATEDMETAL ROOF Discover charm and rural living on this property th...	2 beds \| 2 baths \| 2,147 sq.ft.	$475,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 2.81% Airbnb Rental Income: $2068 Traditional Rental Income: $2178 Airbnb ROI: 1.36% Traditional ROI: 2.81%
6904 COUNTY ROAD 214 MELROSE, FL Step into this charming home that's been lovingly cared for over the years- solidly built,...	3 beds \| 2 baths \| 1,517 sq.ft.	$289,900	Airbnb cash on cash: 9.45% Traditional cash on cash: 6.67% Airbnb Rental Income: $3992 Traditional Rental Income: $2380 Airbnb ROI: 9.45% Traditional ROI: 6.67%
128 SERENITY Drive MELROSE, FL Escape to peace and quiet at your private oasis on a quiet dead-end road, perfectly positi...	2 beds \| 2 baths \| 930 sq.ft.	$230,000	Airbnb cash on cash: 4.86% Traditional cash on cash: 6.39% Airbnb Rental Income: $2068 Traditional Rental Income: $1866 Airbnb ROI: 4.86% Traditional ROI: 6.39%
120 ASHLEY LAKE Drive MELROSE, FL A rare find meticulously maintained home on an acre of land nestled in a quiet serene comm...	2 beds \| 2 baths \| 1,727 sq.ft.	$410,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 1.01% Airbnb Rental Income: $2068 Traditional Rental Income: $1023 Airbnb ROI: 2.34% Traditional ROI: 1.01%

Real Estate investment in Melrose, FL

There are 23 properties for sale in the city of Melrose . The median list price in Melrose is $410,000 and the average price per square foot is $217. In December 2025, the average monthly cash on cash return in Melrose is 4.00%. The average monthly rental income in Melrose is $2,029.

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

There are 23 investment properties available for sale in Melrose.

In 2025, the best neighborhood to buy investment property is MELROSE.

The ROI for Short-Term is higher than the Long-Term in Melrose with average rental income of $2,931.

Your search for investment property begins and ends here

Investment Property for Sale in Melrose, FL

468 SE 18TH Street

MELROSE, FL

2 beds | 2 baths | 1,156 sq.ft.

$175,000

Airbnb cash on cash: 7.2%

Traditional cash on cash: 8.23%

Airbnb Rental Income: $2068

Traditional Rental Income: $1706

Airbnb ROI: 7.2%

Traditional ROI: 8.23%

303 SE 3RD Avenue

MELROSE, FL

3 beds | 2 baths | 2,425 sq.ft.

$467,900

Airbnb cash on cash: 5.07%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $3992

Traditional Rental Income: $2468

Airbnb ROI: 5.07%

Traditional ROI: 3.54%

25608 DEVONIA STREET

MELROSE, FL

3 beds | 3 baths | 2,556 sq.ft.

$999,000

Airbnb cash on cash: 1.21%

Traditional cash on cash: 0.53%

Airbnb Rental Income: $3992

Traditional Rental Income: $2505

Airbnb ROI: 1.21%

Traditional ROI: 0.53%

240 SWAN LAKE DRIVE

MELROSE, FL

3 beds | 3 baths | 2,754 sq.ft.

$465,000

Airbnb cash on cash: 4.69%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $3992

Traditional Rental Income: $2795

Airbnb ROI: 4.69%

Traditional ROI: 3.9%

460 SE 4TH Avenue

MELROSE, FL

3 beds | 2 baths | 2,072 sq.ft.

$599,000

Airbnb cash on cash: 3.98%

Traditional cash on cash: 3.27%

Airbnb Rental Income: $3992

Traditional Rental Income: $2743

Airbnb ROI: 3.98%

Traditional ROI: 3.27%

8290 MELROSE Road

MELROSE, FL

5 beds | 3 baths | 2,800 sq.ft.

$575,000

Airbnb cash on cash: 3.72%

Traditional cash on cash: 3.86%

Airbnb Rental Income: $3965

Traditional Rental Income: $3193

Airbnb ROI: 3.72%

Traditional ROI: 3.86%

125 E LEMON STREET #22

MELROSE, FL

2 beds | 1 baths | 816 sq.ft.

$219,000

Airbnb cash on cash: 5.4%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $2068

Traditional Rental Income: $1528

Airbnb ROI: 5.4%

Traditional ROI: 5.37%

125 LEMON Street unit: 22 #22

MELROSE, FL

2 beds | 1 baths | 816 sq.ft.

$219,000

Airbnb cash on cash: 5.41%

Traditional cash on cash: 4.72%

Airbnb Rental Income: $2068

Traditional Rental Income: $1390

Airbnb ROI: 5.41%