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Melbourne, FL

Investment Properties in Melbourne

Income-producing properties and rental investments in Melbourne, Florida. Browse active MLS listings and communities with List & Sell FL.

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Melbourne
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Active Listings

17 active listings

3 bedroom home for sale at 1405 Johnson, Melbourne, FL 32935 — $286,000
$286,000
Active
$286,000
1405 Johnson
Melbourne, FL 32935
3 bd2 ba1,328 sqft
Leewood Forest Sec 5
4 bedroom home for sale at 4160 NEGAL, Melbourne, FL 32901 — $709,000
$709,000
Active
$709,000
4160 NEGAL
Melbourne, FL 32901
4 bd3 ba2,319 sqft
Laguna Village Phase Two
4 bedroom home for sale at 2669 ANDREWS, Melbourne, FL 32935 — $315,000
$315,000
Active
9d
$315,000
2669 ANDREWS
Melbourne, FL 32935
4 bd2 ba1,504 sqft
Pic Estates Sec 1
4 bedroom home for sale at 467 Alice, Melbourne, FL 32935 — $330,000
$330,000
Active
9d
$330,000
467 Alice
Melbourne, FL 32935
4 bd2 ba1,448 sqft
Almar Subd Sec A
3 bedroom home for sale at 1165 IDA, Melbourne, FL 32940 — $389,500
$389,500
Active
$389,500
1165 IDA
Melbourne, FL 32940
3 bd2 ba1,808 sqft
Holiday Springs At Suntree
3 bedroom home for sale at 500 Wisteria, Melbourne, FL 32901 — $300,000
$300,000
Active
$300,000
500 Wisteria
Melbourne, FL 32901
3 bd2 ba1,470 sqft
Tradewinds Homes Subd
4 bedroom home for sale at 1108 Holland, Melbourne, FL 32935 — $330,000
$330,000
Active
22d
$330,000
1108 Holland
Melbourne, FL 32935
4 bd2 ba0 sqft
Pic Estates Sec 1
3 bedroom home for sale at 115 Avenue B, Melbourne, FL 32901 — $380,000
$380,000
Active
37d
$380,000
115 Avenue B
Melbourne, FL 32901
3 bd2 ba0 sqft
Indian River Bluff
4 bedroom home for sale at 2434 SARNO, Melbourne, FL 32935 — $210,000
$210,000
Active
30d
$210,000
2434 SARNO
Melbourne, FL 32935
4 bd2 ba1,498 sqft
Bowe Gardens Sec J 2
3 bedroom home for sale at 1511 HEDRICK, Melbourne, FL 32901 — $325,000
$325,000
Active
42d
$325,000
1511 HEDRICK
Melbourne, FL 32901
3 bd2 ba1,380 sqft
Magnolia Manor
4 bedroom home for sale at 2919 Trasona, Melbourne, FL 32940 — $939,900
$939,900
Active
70d
$939,900
2919 Trasona
Melbourne, FL 32940
4 bd3.5 ba2,745 sqft
Trasona East
2 bedroom home for sale at 441 Harbor City, Melbourne, FL 32935 — $240,999
$240,999
Active
53d
$240,999
441 Harbor City #A3
Melbourne, FL 32935
2 bd2.5 ba1,184 sqft
River Bluff Condo Ph Ii
5 bedroom home for sale at 2930 Brandywine, Melbourne, FL 32904 — $650,000
$650,000
Active
68d
$650,000
2930 Brandywine
Melbourne, FL 32904
5 bd4 ba3,761 sqft
Metes & Bounds
3 bedroom home for sale at 1800 Kole, Melbourne, FL 32935 — $294,500
$294,500
Active
50d
$294,500
1800 Kole #103
Melbourne, FL 32935
3 bd3.5 ba1,752 sqft
Riverwalk Of Melbourne
4 bedroom home for sale at 7356 Millbrook, Melbourne, FL 32940 — $774,000
$774,000
Active
144d
$774,000
7356 Millbrook
Melbourne, FL 32940
4 bd4.5 ba0 sqft
Trasona At Addison Village
3 bedroom home for sale at 2964 Blazing Star, Melbourne, FL 32940 — $520,000
$520,000
Active
171d
$520,000
2964 Blazing Star
Melbourne, FL 32940
3 bd2 ba1,581 sqft
Sierra Cove At Addison Village
3 bedroom home for sale at 3454 Pheasant, Melbourne, FL 32935 — $227,000
$227,000
Active
180d
$227,000
3454 Pheasant
Melbourne, FL 32935
3 bd2.5 ba1,945 sqft
Quail Ridge Patio Homes

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data deemed reliable but not guaranteed. © 2026 Beaches MLS, Inc.

About Investment Properties in Melbourne

Investment Properties in Melbourne, FL

Investment Properties are a distinct slice of the Melbourne, County market. Investment and multi-family properties in Melbourne range from single-family rentals to two-, three-, and four-unit buildings across County. A two-to-four-unit property can be owner-occupied with one unit while the others help cover the payment, a strategy often called house-hacking.

Financing options go beyond a standard mortgage: FHA covers owner-occupied 2-to-4-unit buildings with a low down payment, and DSCR loans qualify on the property's rental income rather than your tax returns. Run the numbers on rent versus price, budget for insurance and maintenance, and understand Florida landlord basics before you buy.

Frequently Asked Questions

Investment Properties in Melbourne FAQ

How do I finance an investment property in Melbourne?+
Options include conventional investor loans, FHA for owner-occupied 2-to-4-unit buildings at a low down payment, and DSCR loans that qualify on rental income with no tax returns. The right one depends on whether you will live in a unit.
What is house-hacking a duplex or triplex in Melbourne?+
You live in one unit and rent the others, using the rental income to offset your mortgage. FHA financing at a low down payment makes owner-occupied 2-to-4-unit buildings a common path.
How do I evaluate a Melbourne rental's return?+
Compare the expected rent to the purchase price and operating costs to estimate the cap rate and cash flow. We can share rent comparables and recent sales for the specific building type.
Do I need a property manager for a County rental?+
Not necessarily, but many out-of-area owners use one. Factor management cost into your return if you will not self-manage.
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