Courtesy: Keller Williams Realty Brevard
321-259-1170
Welcome to 421 Butler Street, a charming duplex located in the heart of Melbourne, Florida! This income-producing property offers a fantastic opportunity for investors, first-time buyers, or those looking for multi-generational living. The duplex features two separate units with a total of 3 bedrooms and 2 full bathrooms. Each unit offers comfortable living spaces, functional layouts, and the convenience of being close to downtown Melbourne, shopping, dining, schools, and major roadways. Enjoy the flexibility of rental income potential or the ability to live in one unit while renting the other. Situated on a desirable lot in an established neighborhood, this property provides both convenience and opportunity in a growing area. Don't miss your chance to own a versatile duplex in a prime Melbourne location!
Courtesy: Arium Real Estate, LLC
321-209-0828
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.
Courtesy: Waterman Real Estate Inc.
321-244-7653
Brand New Construction- 12-Townhomes individually deeded, in the Heart of Melbourne - 50% occupied and working on Leasing remaining units. 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 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!
Courtesy: RE/MAX Aerospace Realty
321-631-5511
Rare opportunity to own a full duplex #1778 & #1780 featuring two spacious units, separately metered, each offering 3 bedrooms, 2 full bathrooms, in-unit laundry rooms & a 1-car garage - totaling 6 bedrooms, 4 bathrooms, 2 garages & 3,234 sq ft. 2026 AC's in both units. Most recent rental income was $1,700 and $1,695 per month. Conveniently located approximately: 5.5 miles to Canova Beach Park and to the nearest airport. 4.5 miles to the nearest hospital. 6.5 miles to Florida Institute of Technology and major employers including Collins Aerospace, Northrop Grumman and L3Harris. This is perfect for an investor looking to rent both units or for an owner-occupant wanting to live in one side while generating income from the other. Viewings by appointments only.
Courtesy: Space Coast Realty & Inv. LLC
321-783-5000
Outstanding investment opportunity in the Eau Gallie Arts District! This restored historic multifamily is an ideal portfolio addition for the astute buyer. All four units are 1BR/1BA with spacious living and dining areas, full kitchens, and a bonus room perfect for an office or creative space. Each unit includes two ductless wall-mounted mini-split systems, and two units feature stackable washer/dryers. Just steps from the Eau Gallie Marina and walking distance to shops, restaurants, and nightlife, with quick access to US-1 and the beach. Upgrades include new plumbing, some new electrical, tankless water heaters, impact windows in most areas, 2022 roof, and remodeled interiors that preserve historic charm. With high rental demand in this district, this turnkey property offers strong income potential and long-term appreciation.
Courtesy: Blue Marlin Real Estate
321-877-2902
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.
Courtesy: Waterman Real Estate Inc.
321-244-7653
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.
Courtesy: Waterman Real Estate Inc.
321-244-7653
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.
Courtesy: Waterman Real Estate Inc.
321-244-7653
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.
