Courtesy: PINEAPPLE PLACE REALTY, LLC
407-497-8563
TURN-KEY vacation rental investment opportunity 2 blocks from Historic Downtown. Operated as a professionally managed STR since 2018, the Lincoln Guest House has broad appeal to vacationers, students and professionals. This Spanish Colonial quadraplex apartment offers four one-bedroom/one-bath apartments metered separately. The units are fully furnished and thoughtfully decorated with a mix of modern aesthetic and old-Florida charm. The quad is within walking distance of restaurants, bars, shops with Indialantic beaches just over the causeway and easy access to US1 and A1A. Established STR operation with high occupancy currently listed on Airbnb, VRBO, direct website and mid-term channels. Professionally managed, property has a long income history, streamlined operations and software stack to optimize occupancy and rates. This is a great passive investment opportunity, turnkey self-managed STR or 1031 exchange. Professional management with Superhost status can continue. Improvements: new roof installed 2023 and 4 high-efficiency ductless AC systems also installed in 2023. Flexible C1 mixed-use zoning. Gross income of $110,000 (3 yr avg) with very high occupancy and steady income.
Courtesy: Barrier Island Properties
321-461-7126
MAJOR PRICE REDUCTION! Freshly painted & turn key! Cozy and bright fully furnished duplex ready for you to move in! Live in one & rent out the other! Each side of the duplex is a 2 Bedroom, 1 Bath. Freshly painted exterior, brand new windows, back doors, water heater, and freshly painted interior! Each unit is 808 sq ft and has its own laundry room. Separate electric and water meters. Plenty of parking. Close to beaches, intercostal and easy access to 95 & the airport. Downtown Eau Gallie is just a short walk with lots of restaurants and shops! Schedule your showing today!
MAJOR PRICE REDUCTION! Freshly painted & turn key! Cozy and bright fully furnished duplex ready for you to move in! Live in one & rent out the other! Each side of the duplex is a 2 Bedroom, 1 Bath. Freshly painted exterior, brand new windows, back doors, water heater, and freshly painted interior! Each unit is 808 sq ft and has its own laundry room. Separate electric and water meters. Plenty of parking. Close to beaches, intercostal and easy access to 95 & the airport. Downtown Eau Gallie is just a short walk with lots of restaurants and shops! Schedule your showing today!
Courtesy: RE/MAX Aerospace Realty
321-631-5511
Multi-Family Opportunity!!! Three unique income producing manufactured homes on two side by side lots. 540 Ann Ave (TAX ID 2718723) is a 3 bedroom, 1.5 bath, manufactured home with an addition with central air. 548 Ann Ave (TAX ID 2718724) has two manufactured homes on the property. Unit A is the 1 bedroom, 1 bath on the back of the lot that has been completely remodeled inside in past couple of years. Unit B is a 3/1 bath with an addition. All units are on their own electric meters and septic systems. Located on the backside of each lot is a shed with well pump and washer/dryer hookups. Also available individually for sale at MLS#1026288 for 540 Ann as well as MLS#1026290 for 548 Ann Ave Unit A & Unit B.
5283-5285 Palmetto Dr. LOCATION LOCATION LOCATION!! Charming tropical DUPLEX within walking distance of beautiful Melbourne Beach on over half an acre.
Courtesy: RE/MAX Aerospace Realty
321-631-5511
Here's your chance to own an income property w/ positive cash flow, which will allow residential financing. This is fully occupied w/ great tenants & PERFECT LOCATION! It's in the heart of Historic Eau Gallie, in the downtown Art district, near different restaurants & bars all within walking distance; 15 min to St Patrick Air Force Station & FIT. Beautiful & peaceful neighborhood. Clean, spacious 4 units total, all identical configuration: 1 BED + BONUS ROOM, 1 bath, kitchen/living area & private laundry room. Appliances included: 4 fridges, 3 stoves, 3 washers, 3 dryers. Separate electric meters. Units are always fully occupied, very high demand. Please DO NOT disturb tenants.
Courtesy: Elevate Realty LLC
561-427-3923
Opportunity awaits! Investor special and no need for a new roof as the seller has already done that for you. 2 separate buildings for under $250k. Schedule a showing today.
Courtesy: Relentless Real Estate Co.
321-302-0763
Welcome to The Eau Gallie Inn !!! This multi-unit family estate / compound is perfect for income-producing short-term rentals. Nestled on a beautifully landscaped property, the compound features a main house, a cozy cottage, and a romantic cottage, all completely remodeled to offer modern comforts. The property boasts amenities including a sparkling pool, pickleball courts, and C-1 commercial zoning, providing ample opportunities for additional ventures. Whether you're looking to host guests or operate a wedding venue, this cash flow-producing property is a rare gem that combines luxury with lucrative investment potential. Don't miss out on this unique opportunity!
Courtesy: RE/MAX Alternative Realty
321-777-4111
Income producing property. Live in one side and rent the other. Furnished studio apartment with updated kitchen and bathroom. 2 bedroom and one bath home with luxury vinyl plank flooring, new roof (July 2024), plumbing drains relined 2022, new septic tank/pump 2023, water filter and aerator 2019, bathrooms 2022, LVP floors 2022, HVAC main home 2021/ apartment 2019, water heater 2022. No HOA so it feels like country living in the heart of the bustling tech area of Melbourne.
Courtesy: RE/MAX Alternative Realty
321-777-4111
AMAZING OPPORTUNITY TO OWN A REDONE DUPLEX IN DOWNTOWN MELBOURNE ON THE AVENUE!! This FULLY FURNISHED stylish duplex comes completely furnished with all artwork, linens and more. With the modern industrial design makes for the perfect Downtown retreat. This is a high income producing investments $46,800 gross and NET appx $36,000 a YEAR. PLUS, SO MUCH REDVELOP POTINEIAL, ZONING ALLOWS UP TO UNITS 14 UNITS ON THIS LOT!! BEST ZONING IN BREVARD COUNTY. OWNER FINANCING AVALIBLE WITH 50% DOWN.. DO NOT DISTURB TENANTS!! DO NOT PULL INTO PROPERTY WITHOUT TALKING TO AGENT. DO NOT GO ONTO PROPERTY! DRIVE BY ONLY!!
Courtesy: Dale Sorensen Real Estate Inc.
321-421-7550
Owner will consider all reasonable offers. INVESTMENT OPPORTUNITY. 3/2 2nd floor condo in highly desirable Cypress Cove at Suntree in Melbourne. 1 of 2 3/2 for sale in same complex. Purchase both and add to your investment portfolio. Owner will consider all offers on one or both properties. Stainless steel appliances, tile and carpet throughout. Lovely balcony. Community offers pool, spa, clubhouse with gym, tennis courts, etc. Walking distance to shopping and restaurants. Beaches are 15 minutes away. Zoo is 5 minutes away. Currently has tenant under a year lease that expires April 30th 2025.
Courtesy: David Curri Real Estate Group
321-604-3403
This is a rare opportunity to own 11 units in the sought-after Eau Gallie Arts District at the Libbyan Apartments.Built in 1925/1964, this historic property has been completely renovated, preserving its old-world charm while modernizing its amenities.Six of the 11 units have been fully updated, offering an excellent opportunity for a new owner to renovate the remaining five units and increase rents. The property requires minimal maintenance, featuring artificial grass throughout the grounds.The unit mix is highly attractive, consisting of six one-bedroom, one-bath units,two studios, and three two-bedroom, one-bath units.Currently, the property generates a gross income of $170,460, with one unit vacant. Significant upgrades have already been completed to the property (see list). This is your chance to capitalize on a unique investment in a vibrant, up-and-coming area. Don't miss out on owning a fantastic asset with both historical significance and modern comforts.
Courtesy: Dale Sorensen Real Estate Inc.
321-421-7550
Owner will consider all reasonable offers. INVESTMENT OPPORTUNITY. 3/2 2nd floor condo in highly desirable Cypress Cove at Suntree in Melbourne. 1 of 2 3/2 for sale in same complex. Purchase both and add to your investment portfolio. Owner will consider all offers on one or both properties. Stainless steel appliances, tile and carpet throughout. Lovely balcony. Community offers pool, spa, clubhouse with gym, tennis courts, etc. Walking distance to shopping and restaurants. Beaches are 15 minutes away. Zoo is 5 minutes away. Currently has tenant under a year lease that expires April 30th 2025.
Courtesy: Florida Elite Real Estate
321-266-1798
RARE DUPLEX / MULTIFAMILY OPPORTUNITY with two separate homes on one lot in the heart of Eau Gallie's vibrant Arts District (EGAD). The front dwelling includes 2 bedrooms and 2 bathrooms, while the charming rear cottage offers 1 bedroom and 1 bathroom. Situated on a quiet street just blocks from the area's lively attractions, this property offers the advantage of a prime location along with a steady income stream, as both units are currently rented on a long-term basis, with current leases expiring 12/31/24 and 3/31/25, respectively. EGAD, Eau Gallie's dynamic downtown area, is a short stroll away, offering a diverse mix of shops, fantastic restaurants, art galleries, and family-friendly spots like the Intracoastal Brewery. Enjoy nearby bakeries, the post office, civic center, and Eau Gallie Pier—all contributing to the district's lively, creative atmosphere. Newer roofs installed in June 2019.
Courtesy: Coldwell Banker Paradise
321-222-9449
FULL DUPLEX - BOTH SIDES - 1569- Right Side - 1 story, 2 bedroom , 1 bath, 1 car garage . Updated/remodeled 2023, New A/C 2022, New bath, Luxury vinyl flooring, tile in bath and kitchen, new appliances. Potential Monthly Rent $1450 + 1563-Left Side - 2 story, 1 bed, 1 bath upstairs, 1 car garage. Replumbed 2023, tile flooring throughout kitchen and living area. Monthly Rent $1250+ Leased until April on a 7 month lease. Both sides - New Roof 2013, Newer water heaters 2020 , exterior paint '18-'19, Replumbed, Interior Paint and Carpet 2024. New gutters, garage door openers, fence.
Courtesy: The Ullian Realty Corporation
321-729-9900
Excellent opportunity to purchase a 5-unit mixed-use building in the heart of Downtown Melbourne! 911-919 New Haven has 2 commercial units + 2 residential units. 1st Floor = 1,548 SF Ice Cream Store + 2,169 SF Gift Shop. 2nd Floor = one 3/1 apartment + one 3/2 apartment. 2016 Melbourne Court is an 864 SF coffee shop. Est. proforma NOI is $142,200 (6.5% CAP). High foot traffic area with exposure to est. 15,000 VPD on New Haven Avenue. C3 Zoning allows Office, Retail, Short Term Rentals, Restaurants & more! Close proximity to Hotel Melby, Highline Apartments, and all of the other beaches, restaurants, and shopping that the area has to offer. Melbourne International Airport is less than a 10-minute drive away which is significant as TUI Airlines flies est. 156,000 tourists to Melbourne annually. Call today for a tour!
Courtesy: RE/MAX Solutions
321-766-5674
Price Reduced $100k! Imagine living on the water, sipping coffee while the sun rises and manatees swim by. This property offers that possibility! Come see your multifamily 8-unit, RIVERFRONT property located in Eau Gallie, Florida on the Indian River Lagoon. Separated into 4 buildings, the property consists of (6) studios, (1) 1 bed/bath, and a 3/2.5 bath main house. The main house has incredible river views with a large deck and sitting area, great for relaxing or entertaining. From your private dock, you and your guests can enjoy fishing or launching kayaks from the tranquil Indian River Lagoon. Want more? Your property is just a short distance from the Historic Eau Gallie Art District where you can enjoy shopping, dining, and entertainment. House has new Roof and new 2 HVACs!! New Sewer! Seller Financing!
Courtesy: The Ullian Realty Corporation
321-729-9900
Excellent opportunity to purchase a concrete block duplex within walking distance to the Downtown Eau Gallie Arts District (EGAD). Property has two units of 624 SF = 1,248 SF total. Originally constructed as a duplex, then converted to a law office, current use is Air B&B. There are two electric meters, two HVAC units and one water meter. One side is a 1/1 and the other side is a 2/1. Zoning is City of Melbourne Central Business District (C-3) which allows Air B&B, Office, Retail, Medical, Restaurant, Wholesaling & more! Property is easily accessible via nearby Eau Gallie Boulevard which is a direct connector to Interstate 95, Wickham Road, US1 and the beaches! Surrounding businesses include Intracoastal Brewing, Tomahawk Robotics, Sorensen Moving & Squid Lips to name a few.
Discover an incredible opportunity with this prime property! Located at 1912 Glendon Drive, this spacious lot not only boasts a fantastic residential location but also holds the potential for a variety of businesses. Potential Zoning: R-P, C-1A, and C-2. This property is your gateway to financial opportunities. With its unique zoning, it offers the flexibility to serve as a lucrative rental income producer, or as a versatile commercial. Don't miss out on this exceptional opportunity to turn this property into a successful venture. Contact us today!
Courtesy: Real Estate Solutions Brevard
321-610-1550
This property is over 1/2 an acre, just 2 blocks from the Indian River Lagoon, and is located between the Historic Downtown Eau Gallie & Downtown Melbourne. This property is zoned for 6 units. The frontage is currently a historic Quadplex building with an attached apartment and additional apartment. Additionally, a 6-car detached garage. There are 5 kitchens, 4 fireplaces and 6-carports.All units need to be refurbished. New roof 2024 on the front quadplex and apartment. The large lot recently cleared of all trees & shrubs. 6 units with additional income possibilities from 6 garage units. This home is grandfathered in with multiple benefits (i.e. multiple living,city water/sewer,well). This historic home could be turned into a beautiful Airbnb or Bed & Breakfast with large apartments. A Jimmy Buffett- themed riverfront hotel-marina resort & a 55-acre Lagoona Beach Lagoon & shopping center coming soon.Estimate of $300K for complete refurbish for move-in ready units Great ROI opportunity
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Melbourne is located in Florida. Melbourne, Florida has a population of 79,640. Melbourne is less family-centric than the surrounding county with 22.83% of the households containing married families with children. The county average for households married with children is 23.28%.
The median household income in Melbourne, Florida is $43,159. The median household income for the surrounding county is $51,536 compared to the national median of $57,652. The median age of people living in Melbourne is 45.5 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 49.2 degrees. The average rainfall is approximately 53.1 inches per year, with 0 inches of snow per year.
