Investment Property Update · November 9, 2026

Space Coast Investment Properties: 30 Multifamily Listings from $600K to $3.9M

A 12-unit Banana River property, new Palm Bay duplexes, beach-block multiplexes and the Hidden Woods community, presented by Cathy Greene of Ellingson Properties.

The Space Coast's multifamily market this week ranges from first-time investor duplexes to a 12-unit waterfront property. Three new listings lead the update: six duplexes on the Banana River in Cocoa Beach (12 units, a short walk to the beach), a brand-new contemporary duplex in Palm Bay and a restored historic four-unit building in Melbourne's Eau Gallie Arts District. The rest of the page includes the Hidden Woods townhome community, beach-block properties in Cape Canaveral and Cocoa Beach, and several newly built Palm Bay duplexes.

Here are 30 investment properties for sale right now, grouped by area. Tap any photo or address for full details, or call Cathy Greene at 321-258-4378 to schedule a private showing.

30 investment properties $600,000 to $3,895,000 17 recent price reductions $34.9M combined list value

Melbourne & Palm Shores (6)

The Hidden Woods townhome community, a historic Eau Gallie four-unit and Intracoastal frontage.

168-238 Hidden Woods Pl, Melbourne, FL multifamily property for sale 12 Townhomes
$3,895,000

168-238 Hidden Woods Pl, Melbourne, FL

12 townhomes · 29 bd / 43 baMLS# 1078073
Entire 12-townhome community

Brand-new, individually deeded townhomes sold together, currently leased.

Note: Hidden Woods Place is offered both as the whole 12-townhome community and as three individual quadplexes; confirm which buildings each listing covers. Rent, occupancy and income figures in the listing are seller-reported; verify with the listing agent.

See Photos & Details →

Palm Bay & Grant (8)

New duplexes, a turnkey quadplex, a six-condo package and riverfront in Grant.

Cocoa Beach, Cape Canaveral & Indialantic (10)

A 12-unit Banana River property, beach-block duplexes and triplexes and a shovel-ready site.

211 Arthur Ave, Cocoa Beach, FL multifamily property for sale
$985,000

211 Arthur Ave, Cocoa Beach, FL

TriplexMLS# 1089905
Avon by the Sea · a block to the beach

A triplex with one-bedroom and two-bedroom units.

Note: Rent, occupancy and income figures in the listing are seller-reported; verify with the listing agent.

See Photos & Details →

Cocoa, Rockledge & Titusville (4)

Cocoa Village riverfront, new construction, mixed use and a 10-unit complex.

Beyond Brevard (2)

Two listings from the same search outside the Space Coast.

Growing a Rental Portfolio on the Space Coast?

Whether you are buying a first duplex or a 12-unit property, Cathy Greene of Ellingson Properties can help you find the right fit.

Cathy Greene · Ellingson Properties
Call or text 321-258-4378 · Email cathy@cathygreene.com

Listing information is deemed reliable but not guaranteed and is subject to change, prior sale or withdrawal. Prices, features and status reflect MLS data available on November 9, 2026. Properties shown may be listed by brokerages other than Ellingson Properties. Equal Housing Opportunity.