Space Coast Real Estate Search

Space Coast Multi-Family Properties for Sale

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Newest Space Coast Multi-Family Homes for Sale

4 Beds ⋅ 1 Baths ⋅ 1066739 MLS

IMMEDIATE CASH FLOW! 2 Units rented out (BOTH LTR & STR) & seller will lease the warehouse back for $1,000/mo for up to 2 years, creating immediate income. One property. Multiple income streams. Endless possibilities. Offered at $695,000, approx. $65,000 below its July 2025 appraised value, this fully furnished income compound is just minutes from Cocoa Village. Fully fenced, w/ 4 spaces for owner-occupants, investors, Airbnb, business use, or a private family compound. Features 2 furnished 1BR residences, a detached rear cottage, & a climate-controlled warehouse w/ plumbing, electrical, HVAC & future conversion potential. Rear cottage offers potential to be reconfigured into 2 studios. Built in 2018 by a commercial contractor, the property feat. impact-rated windows & doors, 160-mph wind-load engineering, metal roofing, commercial-grade infrastructure & concrete parking. Turnkey opportunity w/ immediate cash flow, exceptional flexibility & long-term upside. The entire property was wind-load engineered as a hurricane-resistant structure rated to 160 mph, featuring impact-rated doors, windows, and roof. Construction highlights include commercial-spec electrical conduit and switch gear, Trane high-efficiency central AC systems with transferable warranties, LED lighting throughout, concrete paving across the parking area, and a city-supplied reuse-water irrigation system. The oversized 1,300+ sq ft RV/garage structure under air includes 50-amp RV and welding circuits, RV sewer tap, interior water hookups, generator transfer switch, dual garage door access, and a 5-ton York AC system making it a standout asset for investors seeking flexible conversion or specialty use. Located moments from Cocoa Village's dining, boutique shopping, live music, art shows, and community events, this property blends modern construction, location appeal, and future upside into one rare offering. UNIT C is rented out on Airbnb for $4000 a month. (Currently rented for the month of August)

222 Rosa L Jones Drive, Cocoa

32 Beds ⋅ 20 Baths ⋅ TB8422362 MLS

Coquina Court Apartments is a 20-unit multifamily community located in Titusville, Florida. The property features a single concrete block building constructed in 1969 and offers a mix of 12 two-bedroom/one-bath units and 8 one-bedroom/one-bath units. Recent ownership improvements include $30,000 in roof work. Tenants pay their own electric, while the owner covers water, resulting in a simplified utility structure for investors. Titusville, in Brevard County, is known as “Space City, USA” due to its strong ties to the aerospace industry. The city is experiencing significant economic growth, with a new aerospace company bringing 1,347 jobs over the next four years, plus an estimated 900 additional jobs in spinoff or related work for former space shuttle program employees. This expansion represents nearly $96 million in payroll and an economic impact of approximately $48 million, fueling continued demand for housing in the area.

955 Knox Mcrae Drive, Titusville

19 Beds ⋅ 1055407 MLS

This well-positioned 10-unit apartment complex offers a strong investment opportunity in the heart of town, just minutes from shopping and everyday conveniences. Property features a mix of four 3-bedroom units and six 2-bedroom units, appealing to a wide range of renters. Each unit is designed as a single level with a combo of ground-level and upstairs units providing variety and accessibility. Open parking ensures convenience for tenants and their guests. While the property offers no on-site amenities, its unbeatable central location keeps occupancy high and attracts long-term tenants seeking proximity to most needs. With strong rental demand and limited comparable inventory in the area, this property represents a stable, income-producing investment with room for future value-add improvements.

2755 Barna Avenue, Titusville

Rare Indialantic Investment Opportunity! Fully permitted and shovel-ready 8-unit townhome project on a cleared .57-acre beachside lot zoned for short-term rentals (Airbnb/VRBO)—a true rarity in Indialantic! Plans approved for two buildings with four 3BR+Loft, 2.5BA, 2-car garage units each, totaling 8 income-producing townhomes. Each unit is over 2,250 sq ft with modern, coastal-inspired design and 10' ceilings. Walk to the beach, shops, and restaurants. Use your own builder or ours and break ground immediately. Pro forma rental income and comps available. Whether you build-to-rent or build-to-sell, this is the cash-flowing beachside project your portfolio needs. Permits + plans included. Zoned STR. Ready to build.

124 Coral Way Way E, Indialantic

8 Beds ⋅ 7 Baths ⋅ O6318947 MLS

Listed $225,000 below appraised value. 9.56% cap rate, financials available. Owning a short-term rental may offer access to tax strategies such as bonus depreciation and cost segregation. Bonus depreciation, which is currently available at 100% for qualifying property placed in service in 2025, May offer significant tax advantages. Speak with your tax advisor to explore how these options might benefit your investment. Listed below appraised value The Juni is a fully renovated & fully furnished boutique short term rental complex located just steps from the iconic Cocoa Beach. The Juni was fully renovated in 2024, full renovation list available. With 7 beautifully designed units, it’s the perfect blend of modern design and coastal charm. The Juni is located in a prime location, a 500' walk to public access to the shores of Cocoa beach and half a mile from downtown Cocoa Beach shores. Unit Mix: 5 Studio units with kitchenettes, 1 One Bedroom unit with full kitchen, 1 Two Bedroom unit with full kitchen and laundry. Other features include a stock tank plunge pool, outdoor space and bbq area, keyless entry, onsite parking and high speed wi-fi. This property offers great investment potential with its modern updates and prime location in Cocoa Beach. The Juni Motel combines cash flow with branding appeal, making it a standout opportunity! Selling with turn key ability: property management, revenue management, guest experience management, online travel agencies set up, direct booking website, google/apple business maps transferable, accounts/reviews transferable, returning guests, group booking contracts in place, central IT hub, City of Cocoa Beach and State of Florida licenses and qualified. Portfolio available: “The Drift” a 13 unit boutique hotel a block away. 637 S Orlando Ave Cocoa Beach, FL.

402 S Orlando Avenue, Cocoa Beach

5 Beds ⋅ 4 Baths ⋅ 1046554 MLS

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.

1620-1622 Peachtree Street, Melbourne

14 Beds ⋅ 13 Baths ⋅ 1044489 MLS

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.

168-198 Hidden Woods Place, Melbourne

14 Beds ⋅ 12 Baths ⋅ 1044485 MLS

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.

208-238 Hidden Woods Place, Melbourne

14 Beds ⋅ 12 Baths ⋅ 1044479 MLS

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.

207-237 Hidden Woods Place, Melbourne

24 Beds ⋅ 12 Baths ⋅ TB8347938 MLS

Harrison Apartments is a well-located 12-unit multifamily property in Cape Canaveral located just two blocks from the ocean. Each unit features a spacious 2-bedroom, 1-bath layout with central air conditioning, ensuring tenant comfort year-round. The property is adjacent to Sandpiper Park, offering green space and recreational amenities, and is conveniently close to Port Canaveral, making it an attractive option for both long-term renters and those working in the thriving cruise and tourism industry. With tenants covering their own electricity and the owner responsible only for water, Harrison Apartments offers a streamlined investment opportunity with predictable expenses. The property's prime coastal location and strong rental demand in the area contribute to long-term appreciation and stable occupancy. This multifamily investment presents a rare chance to own a well-maintained property in one of Florida’s most sought-after beachside communities.

404 Harrison Avenue, Cape Canaveral

Exciting Investment Opportunity! Formerly a triplex, this property has been converted into a duplex but can effortlessly revert to its original triplex configuration. In its triplex layout, it offers a variety of units: a spacious 2-bedroom, 1-bath unit, a cozy 1-bedroom, 1-bath unit, and a large 1-bedroom, 1-bath unit. Conveniently located less than two miles from all schools and just blocks away from Mila Elementary, it also boasts proximity to shopping and restaurants. Don't overlook this exceptional chance for income generation!

347 W Merritt Avenue, Merritt Island

2 Beds ⋅ 1000112 MLS

LIVE & WORK FROM HOME! Great investment opportunity and EXCELLENT LOCATION!. Part of HISTORIC DOWNTOWN TITUSVILLE w/ Downtown Mixed Use (DMU) Flexible Zoning - OFFICE / MIXED USE / RETAIL. 1203 sf under air, NEW ROOF, NEW AC, NEW IMPACT WINDOWS INSTALLED LAST YEAR! Updated Electrical and Newer Tankless Water Heater too. Lots of Space in Back for a YARD or ADDITIONAL PARKING. Currently partitioned in to 3 Main Rooms, 2 Bedrooms or Private Offices and 1 Full Bath. UP TO $70,000 in Downtown City Funds may be available for Business Start Ups and Building Improvements. (Inquire with City of Titusville for details). SEE IT TODAY!

1007 S Washington Avenue, Titusville

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