Melbourne Beach, FL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Melbourne Beach short-term rental market based on reliable data.

Listings

246 / 446

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$62,390

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$615,521

Median Home Sale Price

Top Earners

$126,101

Top-Earners Revenue

Melbourne Beach

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Melbourne Beach.

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B

Generally Investor friendly

Melbourne Beach Regulations

STRs are permitted citywide with a clear registration/inspection framework and modest fees, but investors must complete yearly inspections, post safety equipment, verify zoning compatibility in legacy districts, manage occupancy/parking caps, and maintain extensive records (guest IDs/background checks). The compliance burden is known and manageable rather than prohibitive.

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About Melbourne Beach

Melbourne, Florida, situated along the Space Coast, is a vibrant city known for its blend of natural beauty and technological innovation. With a population of approximately 83,000 residents, Melbourne offers a unique coastal living experience. It is located about 70 miles southeast of Orlando, the closest major city, providing easy access to Orlando's extensive attractions while maintaining a quieter, more relaxed atmosphere.

Melbourne boasts several landmarks and attractions that make it appealing for short term rentals. The city is home to the beautiful Brevard Zoo (https://brevardzoo.org/),,) which offers interactive wildlife experiences and adventure activities. Visitors can also explore the Historic Downtown Melbourne (http://www.downtownmelbourne.com/),,) a charming area filled with shops, restaurants, and cultural events, offering a rich taste of local life.

For those interested in space exploration, the proximity to the Kennedy Space Center (https://www.kennedyspacecenter.com/)) is a significant draw. The center is just a short drive away and provides a fascinating insight into NASA's missions and space history.

The natural coastline, encompassing locations like the Melbourne Beach (https://www.visitspacecoast.com/melbourne-beach),,) provides stunning views and a plethora of water activities, enhancing its attractiveness for vacationers seeking both relaxation and adventure. Additionally, the Indian River Lagoon (https://www.sjrwmd.com/waterways/indian-river-lagoon/),,) one of the most biodiverse estuaries in North America, offers excellent opportunities for kayaking, fishing, and wildlife watching.

Overall, Melbourne's mix of scenic beauty, cultural offerings, and proximity to major attractions make it a compelling destination for short term rentals.

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