ASSUMABLE 3.75% MORTGAGE! Approx. $335K loan balance available to a qualified buyer. Skip today's rates and step into a low-rate, income-producing duplex in Melbourne. This concrete block duplex offers two well-sized units, each with its own 1-car garage. Unit one is a 3 bed, 2 bath with additional parking, and unit two is a 2 bed, 2 bath. Major updates are already done: impact-rated windows throughout, 2019 roof, a 2021 AC system on one side, and a 2016 air handler on the other. Both units are occupied by long-term tenants paying $1,700 and $1,500 per month ($38,400 per year gross), with leases ending in December. That gives you flexibility to keep the steady income, raise rents, or live in one side and rent the other. City water and sewer. Low-rate financing, solid construction, and proven rental history make this a strong fit for investors and house-hackers.
Investment Opportunity This unique property at 2270 Wood St offers a versatile three-unit configuration, providing excellent potential for investors, multi-generational living, or buyers looking for additional rental income. Conveniently located in West Melbourne area with easy access to shopping, dining, major roadways, schools, and nearby employment centers.
Historic Waterfront Property with Flexible Use Don't miss this rare opportunity to own a one-of-a-kind 7-bedroom, 7-bath historic waterfront property in downtown Melbourne. Enjoy peaceful natural surroundings, frequent wildlife sightings, and beautiful views from the 100-foot boardwalk along Crane Creek, all just moments from downtown restaurants, shops, and entertainment. The property features a heated pool, inviting outdoor spaces, and a versatile layout ideal for a private residence, multigenerational living, retreat space, vacation rental, or owner-occupant income property. Each bedroom offers comfort and privacy, creating exceptional flexibility for guests, extended family, or rental use. With historic charm, proven income history, scenic waterfront views, and a prime downtown location, this is a truly unique Space Coast opportunity.
Brand New Construction- 12-Townhomes individually deeded, in the Heart of Melbourne - FULLY LEASED and CASH FLOWING Don't miss this incredible opportunity to own a brand-new, private townhome community with no rental restrictions--perfect for short-term rentals, annual leases, or student housing. Now Available! Property Highlights: Each unit individually deeded to allow for easier dispositions. TOTAL OF 42 Bedrooms, comprised of the following: 6 End Units: 4 bedrooms, 2.5 baths, loft, and a 1-car garage, featuring a Primary Suite on the first floor with over 1,800 sq. ft. of living space. 6 Interior Units: 3 bedrooms, 2.5 baths, and a 1-car garage with over 1,600 sq. ft. under air. Top-Quality Construction, Beautifully designed concrete construction with functional, desirable floor plans, stone and decorative siding, covered trussed porches, impact windows, and luxurious finishes throughout. Prime Location!
NEW Roof before closing! Highly desirable triplex with long term tenants in the heart of Melbourne! This property consists of a 3 bed, 2 bath unit in the front. 1 bed, 1 bath unit in the middle, and a 1 bed, 1 bath unit in the back. Each unit has its own washer and dryer hookup. Two units have new water heaters. Turn key investment with plenty of growth available! The area is growing with already existing and new companies, business, and infrastructure. Plenty of schools, shopping, restaurant and churches in the area. Centrally located with a quick walk to Downtown Melbourne, four minutes to the river & US1, less than ten minutes to the beach, LESS than four minute to the evergrowing Melbourne International Airport & less than 15 minutes to I-95.
BRAND NEW CONSTRUCTION QUADPLEX WITH NO RENTAL RESTRICTIONS and FULLY LEASED!! Exceptional investment opportunity with strong income potential from long-term leases, furnished rentals, or Airbnb. Ideal for FIT students, travel nurses, or corporate tenants. Two end cap units feature 4 beds, 2.5 baths, loft, 1-car garage, and a first-floor Primary Suite with over 1,800 sq. ft. The other two interior units includes 3 beds, 2.5 baths, 1-car garage, and over 1,600 sq. ft. Quality Construction: Concrete block construction, Impact windows, stone accents, covered porches, and luxury finishes throughout. Each townhome is individually deeded, providing flexibility for future resale or financing options. Whether you're an investor or a multi-generational buyer, this quadplex is a rare find offering both quality and versatility.
Brand New Construction- QUADPLEX WITH NO RENTAL RESTRICTIONS AND FULLY LEASED!! Exceptional investment opportunity with strong income potential from long-term leases, furnished rentals, or Airbnb. Ideal for FIT students, travel nurses, or corporate tenants. Two end cap units feature 4 beds, 2.5 baths, loft, 1-car garage, and a first-floor Primary Suite with over 1,800 sq. ft. The other two interior units includes 3 beds, 2.5 baths, 1-car garage, and over 1,600 sq. ft. Quality Construction: concrete block construction, impact windows, stone accents, covered porches, and luxury finishes throughout. Each townhome is individually deeded, providing flexibility for future resale or financing options. Whether you're an investor or a multi-generational buyer, this quadplex is a rare find offering both quality and versatility.
NOW READY-BRAND NEW CONSTRUCTION- QUADPLEX WITH NO RENTAL RESTRICTIONS! Exceptional investment opportunity with strong income potential from long-term leases, furnished rentals, or Airbnb. Ideal for FIT students, travel nurses, or corporate tenants. Two end cap units feature 4 beds, 2.5 baths, loft, 1-car garage, and a first-floor Primary Suite with over 1,800 sq. ft. The other two interior units includes 3 beds, 2.5 baths, 1-car garage, and over 1,600 sq. ft. Quality Construction: concrete block construction, impact windows, stone accents, covered porches, and luxury finishes throughout. Each townhome is individually deeded, providing flexibility for future resale or financing options. Whether you're an investor or a multi-generational buyer, this quadplex is a rare find offering both quality and versatility.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Space Coast Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than the owner of this site are marked with the Space Coast Association of REALTORS®, Inc. logo and detailed information about them includes the name of the listing brokers. Copyright 2026 Space Coast Association of REALTORS®, Inc. All rights reserved.
Melbourne is located in Florida. Melbourne, Florida has a population of 83,500. Melbourne is more family-centric than the surrounding county with 24.42% of the households containing married families with children. The county average for households married with children is 24.34%.
The median household income in Melbourne, Florida is $55,543. The median household income for the surrounding county is $63,632 compared to the national median of $69,021. The median age of people living in Melbourne is 42.4 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 48.9 degrees. The average rainfall is approximately 53.5 inches per year, with 0 inches of snow per year.