Is Melbourne Beach, FL a good place to invest in rental property?

Melbourne Beach, FL has a median modeled monthly cash flow of $-2,054 and a median cap rate of 2.8%, on a median sold price of $597,500. Prices changed -4.7% year over year.

What is the average cap rate in Melbourne Beach, FL?

The median cap rate across recently sold homes in Melbourne Beach, FL is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Melbourne Beach, FL?

The median sold price in Melbourne Beach, FL is $597,500 (about $343 per square foot).

Investing in Melbourne Beach, FL Real Estate

A data-driven snapshot of the Melbourne Beach, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$597,500Median sold price

$343Median $/sqft

2.8%Median cap rate

$-2,054Modeled cash flow / mo

-4.7%Appreciation YoY

33.3Months of supply

266Active listings

96Sold (last 12 mo)

What the Melbourne Beach numbers say

In Melbourne Beach, FL, the median home sold for $597,500 (about $343 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-2,054 of monthly cash flow. Sold prices moved -4.7% over the past year. Inventory sits at about 33.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Melbourne Beach cash-flowing listings

CashFlowRE ranks every for-sale home in Melbourne Beach, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Melbourne Beach deals, or browse the national market data.