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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Melbourne, FL

Listed for sale today
$ 185,000
ROI
21.4
Cash Flow/m
84- 2 Bed
- 2 Bath
- 1078 sft
7667 N Wickham Rd APT 516, Melbourne, FL, 32940

Listed for sale 1 day ago
$ 179,000
ROI
25.2
Cash Flow/m
273- 2 Bed
- 2 Bath
- 1058 sft
3210 N Harbor City Blvd APT 307, Melbourne, FL, 32935

Listed for sale 5 days ago
$ 210,000
ROI
24.6
Cash Flow/m
286- 3 Bed
- 2 Bath
- 1155 sft
4880 Lake Waterford Way W APT 3-220, Melbourne, FL, 32901

Listed for sale 6 days ago
$ 249,900
ROI
22.1
Cash Flow/m
165- 2 Bed
- 2 Bath
- 1211 sft
153 Eton Cir, Melbourne, FL, 32940
Why Invest in Melbourne, Florida?
Investing in a condo in Melbourne, FL offers a unique opportunity in a growing market. With an annual rental yield around 5% and average rents increasing steadily, this area is attractive to both investors and renters. The local economy is bolstered by major employers like Harris Corporation and Northrop Grumman, contributing to job stability and growth.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for a condo in Melbourne, FL is approximately $1,500 per month. However, prices can vary based on location and amenities.
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