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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
$ 275,000
ROI
22.4
Cash Flow/m
199- 2 Bed
- 2 Bath
- 1194 sft
6858 Toland Dr APT 104, Melbourne, FL, 32940
Listed for sale today
$ 140,000
ROI
34.7Cash Flow/m
582- 1 Bed
- 1 Bath
- 868 sft
6461 Borasco Dr APT 3802, Melbourne, FL, 32940
Listed for sale 5 days ago
$ 475,000
ROI
20.1Cash Flow/m
40- 2 Bed
- 2 Bath
- 1766 sft
2260 Front St APT 204, Melbourne, FL, 32901
Motivated Seller
Listed for sale 7 days ago
$ 214,900
ROI
24.7Cash Flow/m
298- 2 Bed
- 2 Bath
- 1020 sft
1757 Sophias Dr APT 205, 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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