PolicyGuy:
There is actually a massive amount of unused IPv4 address space out there, but the people who hold it either don't know that they have it, don't know it has a market value (~$US10 / address last time I looked), or can't be bothered to do anything about it.
I recall two previous employers who obtained "legacy" IPv4 address space - i.e. from Waikato University before APNIC ever existed - which is largely or completely unused. One has three /24's of which they advertise IIRC three actual addresses, so that have 2 & 15/16ths which could be sold, and the other has a /19 as well as a substantial APNIC-issued block, the /19 is completely unused and probably nobody there now has any knowledge of it.
I'm sure that there are many other organisations who obtained legacy IPv4 addresses, then changed over internally to RFC1918 addressing but never relinquished their now-unused IPv4, then merged / got taken over and the institutional knowledge vanished. Since APNIC doesn't know about this allocation, they don't get any bills for it, so have no way to know about it and no incentive to do anything about it.
Just because the space exists does not mean its easy or possible to gain formal "custodianship"* of it. APNIC requires a chain of proof all the way from whoever's name is on it all the way to the current entity. Often, this is not possible.
US$10 per IP address sounds like a bargain. US$19 - $24 (depending on block size) is more in the ballpark.
You can't sell or route part blocks. The minimum globally routable block is a /24 for IPv4 and a /48 for IPv6. We do not (externally) BGP-advertise, nor allow our clients to advertise through us to any of our peers, any IP address blocks smaller than this. Put another way, all BGP route advertisments have to be at the boundary - ie: /24, /23, /22 etc for IPv4 or /48, /47, /46 etc for IPv6.
*The term APNIC uses - basically means leasee.
We offer all our clients static public IPv4 addresses and IPv6 addresses - typically a /56 or /48.