Apartment complex sells for $5.4 million in Melbourne, Florida

Private investor buys 42-unit Jasmine Cove multifamily property

Jasmine Cove is a 42-unit apartment complex located along University Boulevard in Melbourne, Florida. (CoStar)

By Sidona Walker with

CoStar Research

September 11, 2026 | 3:43 P.M.

A private investor has acquired Jasmine Cove, a 42-unit apartment complex in Melbourne, Florida, for $5.38 million, or $128,119 per unit.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Already A Subscriber? Sign In