Real Estate Investment Properties for Sale in Merritt Island, FL

Looking for investment property in Merritt Island, FL with high ROI ?

Explore a variety of short-term homes & houses in Merritt Island, FL. Invest wisely with VRBO & Merritt Island, FL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Single Family Homes for Sale in Merritt Island, FL

Search for Single Family Residential for Sale in Merritt Island, Florida. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 111 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4297 Crooked Mile Road Merritt Island, FL Tucked on 2.86 acres with 118' of deep Intracoastal frontage, this private Merritt Island ...	5 beds \| 5 baths \| 5,535 sq.ft.	$3,100,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 0.98% Airbnb Rental Income: $2332 Traditional Rental Income: $7461 Airbnb ROI: -1.01% Traditional ROI: 0.98%
480 N Banana River Drive Merritt Island, FL NEW ROOF with Acceptable offer! Remodeled move-in ready 3 bed, 2 bath home with a 2-car ga...	3 beds \| 2 baths \| 1,721 sq.ft.	$359,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 5.06% Airbnb Rental Income: $1761 Traditional Rental Income: $2357 Airbnb ROI: 1.86% Traditional ROI: 5.06%
1040 CARRIGAN BOULEVARD Merritt Island, FL LOCATION! LOCATION! LOCATION! Welcome to 1040 Carrigan Blvd where every day feels like you...	4 beds \| 3 baths \| 2,226 sq.ft.	$659,990	Airbnb cash on cash: 0.69% Traditional cash on cash: 4.38% Airbnb Rental Income: $2133 Traditional Rental Income: $3859 Airbnb ROI: 0.69% Traditional ROI: 4.38%
106 VICTORIA STREET Merritt Island, FL Discover your dream home at 106 Victoria St, Merritt Island, FL 32952! This exquisite sing...	4 beds \| 5 baths \| 3,988 sq.ft.	$2,500,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 0.72% Airbnb Rental Income: $2133 Traditional Rental Income: $5332 Airbnb ROI: -0.89% Traditional ROI: 0.72%
9490 S Tropical Trail Merritt Island, FL A rare River-to-River estate on nearly 6.2 acres along prestigious S. Tropical Trail offer...	5 beds \| 6 baths \| 4,906 sq.ft.	$6,495,000	Airbnb cash on cash: -1.31% Traditional cash on cash: -0.42% Airbnb Rental Income: $2332 Traditional Rental Income: $7087 Airbnb ROI: -1.31% Traditional ROI: -0.42%
2735 S Courtenay Parkway Merritt Island, FL Gorgeous Merritt Island Pool Home! NO HOA! Step inside to soaring ceilings and abundant na...	4 beds \| 2 baths \| 3,030 sq.ft.	$760,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 1.5% Airbnb Rental Income: $2133 Traditional Rental Income: $2576 Airbnb ROI: 0.11% Traditional ROI: 1.5%
140 UTOPIA CIRCLE Merritt Island, FL Luxury coastal living on 1-acre + a boat slip in Merritt Island. This home has it all: 4 b...	4 beds \| 4 baths \| 3,194 sq.ft.	$1,289,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.43% Airbnb Rental Income: $2133 Traditional Rental Income: $5120 Airbnb ROI: -0.52% Traditional ROI: 2.43%
130 Moore Avenue Merritt Island, FL South Merritt Island home with 3 bedrooms and 2 baths. Washer and dryer included too. Clos...	3 beds \| 2 baths \| 1,000 sq.ft.	$285,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 4.59% Airbnb Rental Income: $1761 Traditional Rental Income: $1843 Airbnb ROI: 2.49% Traditional ROI: 4.59%
1585 Anchor Lane Merritt Island, FL Move-in ready and minutes from the beach, river, and Port Canaveral! This updated Merritt ...	3 beds \| 2 baths \| 1,224 sq.ft.	$305,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 4.42% Airbnb Rental Income: $1761 Traditional Rental Income: $1995 Airbnb ROI: 1.92% Traditional ROI: 4.42%
1220 Robin Drive Merritt Island, FL Settle into this cozy and clean little dollhouse nestled in the peaceful and quiet South M...	3 beds \| 1 baths \| 988 sq.ft.	$237,500	Airbnb cash on cash: 3.26% Traditional cash on cash: 6.26% Airbnb Rental Income: $1761 Traditional Rental Income: $1953 Airbnb ROI: 3.26% Traditional ROI: 6.26%
1500 Dorsal Street Merritt Island, FL Don't miss this beautifully updated home right in the heart of Merritt Island with not one...	4 beds \| 3 baths \| 1,943 sq.ft.	$444,980	Airbnb cash on cash: 1.99% Traditional cash on cash: 5.57% Airbnb Rental Income: $2133 Traditional Rental Income: $3082 Airbnb ROI: 1.99% Traditional ROI: 5.57%
1244 Lynne Drive Merritt Island, FL Tucked away on a quiet street in South Merritt Island, this move-in ready home offers rece...	3 beds \| 2 baths \| 1,385 sq.ft.	$375,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 5.29% Airbnb Rental Income: $1761 Traditional Rental Income: $2360 Airbnb ROI: 2.22% Traditional ROI: 5.29%
1390 Island Drive Merritt Island, FL Fully renovated 3 bed, 2 bath Merritt Island canal-front home with over 1,900 sq ft . Enjo...	3 beds \| 2 baths \| 1,935 sq.ft.	$679,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.54% Airbnb Rental Income: $1761 Traditional Rental Income: $2908 Airbnb ROI: -0.03% Traditional ROI: 2.54%
1635 Sandpiper Street Merritt Island, FL Imagine starting your morning poolside, coffee in hand, as dolphins swim by in the river. ...	5 beds \| 3 baths \| 2,496 sq.ft.	$750,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.42% Airbnb Rental Income: $2332 Traditional Rental Income: $3500 Airbnb ROI: 0.93% Traditional ROI: 3.42%
4760 Honeyridge Lane Merritt Island, FL Nestled atop the serene and sought-after Honeymoon Hill, this extraordinary 5 bedroom, 5.5...	5 beds \| 6 baths \| 6,371 sq.ft.	$4,995,000	Airbnb cash on cash: -0.94% Traditional cash on cash: -1.03% Airbnb Rental Income: $2332 Traditional Rental Income: $1362 Airbnb ROI: -0.94% Traditional ROI: -1.03%
535 BARRETT DRIVE Merritt Island, FL BACK ON MARKET - BUYER FINANCING FELL THROUGH See dolphins and manatees right outside ...	3 beds \| 2 baths \| 1,350 sq.ft.	$459,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 3.28% Airbnb Rental Income: $1761 Traditional Rental Income: $2452 Airbnb ROI: 0.56% Traditional ROI: 3.28%
115 Carib Drive Merritt Island, FL SHORT SALE Beautiful Merritt Island pool home offering the perfect blend of comfort, l...	3 beds \| 2 baths \| 1,548 sq.ft.	$285,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 5.91% Airbnb Rental Income: $1761 Traditional Rental Income: $2301 Airbnb ROI: 2.1% Traditional ROI: 5.91%
140 Brandy Lane Merritt Island, FL Welcome to this rare 4-bedroom, 2-bathroom pool home in the highly sought-after Merritt Is...	4 beds \| 2 baths \| 1,416 sq.ft.	$350,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 4.53% Airbnb Rental Income: $2133 Traditional Rental Income: $2245 Airbnb ROI: 2.53% Traditional ROI: 4.53%
1545 Cunningham Avenue Merritt Island, FL Here is an opportunity to own a home that is in a good neighborhood and has good bones. It...	3 beds \| 1 baths \| 1,148 sq.ft.	$229,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 6.46% Airbnb Rental Income: $1761 Traditional Rental Income: $2011 Airbnb ROI: 3.08% Traditional ROI: 6.46%
445 Pine Boulevard Merritt Island, FL South Merritt Island pool home with 4 bedrooms and 3 full bathrooms. Living and dining are...	4 beds \| 3 baths \| 2,814 sq.ft.	$425,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 7.58% Airbnb Rental Income: $2133 Traditional Rental Income: $3658 Airbnb ROI: 2.38% Traditional ROI: 7.58%
5140 Del Sol Drive Merritt Island, FL West Indies-style estate on 1.61 acres in Merritt Island! This custom home offers a chef's...	4 beds \| 5 baths \| 4,188 sq.ft.	$2,495,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 0.64% Airbnb Rental Income: $2133 Traditional Rental Income: $4130 Airbnb ROI: -0.46% Traditional ROI: 0.64%
4250 Blossom Circle Merritt Island, FL Beautifully updated Spanish Mediterranean residence located in the highly sought after Cro...	4 beds \| 3 baths \| 2,930 sq.ft.	$910,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 2.68% Airbnb Rental Income: $2133 Traditional Rental Income: $3536 Airbnb ROI: 0.38% Traditional ROI: 2.68%
1460 Hannah Drive Merritt Island, FL Welcome to 1460 Hannah Drive! Adorable and updated, this waterfront pool home is MOVE IN R...	3 beds \| 2 baths \| 1,392 sq.ft.	$600,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 1.09% Airbnb Rental Income: $1761 Traditional Rental Income: $1788 Airbnb ROI: 0.18% Traditional ROI: 1.09%
1695 N BANANA RIVER DRIVE Merritt Island, FL Welcome to 1695 N Banana River Dr, a beautifully updated and fully gated home in Merritt I...	3 beds \| 2 baths \| 1,596 sq.ft.	$449,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 3.06% Airbnb Rental Income: $1761 Traditional Rental Income: $2198 Airbnb ROI: 0.88% Traditional ROI: 3.06%
11430 S Tropical Trail Merritt Island, FL This unique property features double river frontage with dock access on both the Banana Ri...	3 beds \| 2 baths \| 1,927 sq.ft.	$1,450,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.59% Airbnb Rental Income: $1761 Traditional Rental Income: $2790 Airbnb ROI: -0.53% Traditional ROI: 0.59%
397 Milford Point Drive Merritt Island, FL WELCOME HOME TO EXCLUSIVE MILFORD POINT MERRITT ISLAND! An absolute tropical boater's para...	5 beds \| 4 baths \| 5,615 sq.ft.	$1,399,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 2.72% Airbnb Rental Income: $2332 Traditional Rental Income: $5924 Airbnb ROI: -0.49% Traditional ROI: 2.72%
2195 S Courtenay Parkway Merritt Island, FL Priced Below Recent Appraised Value, Discover the epitome of equestrian elegance and coast...	5 beds \| 5 baths \| 7,308 sq.ft.	$1,759,868	Airbnb cash on cash: -0.85% Traditional cash on cash: 2.71% Airbnb Rental Income: $2332 Traditional Rental Income: $7570 Airbnb ROI: -0.85% Traditional ROI: 2.71%
335 Newfound Harbor Drive Merritt Island, FL Single Family, Screened-In-Pool Home, with 1.99 ACRES and NEWFOUND HARBOR/RIVERFRONT Direc...	3 beds \| 2 baths \| 1,379 sq.ft.	$495,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 3.87% Airbnb Rental Income: $1761 Traditional Rental Income: $2669 Airbnb ROI: 0.86% Traditional ROI: 3.87%
90 S Tropical Way Merritt Island, FL Welcome home! This charming, move-in ready home situated on a quiet street is fully renova...	3 beds \| 2 baths \| 1,315 sq.ft.	$321,500	Airbnb cash on cash: 2.04% Traditional cash on cash: 5.03% Airbnb Rental Income: $1761 Traditional Rental Income: $2181 Airbnb ROI: 2.04% Traditional ROI: 5.03%
1085 Old Parsonage Drive Merritt Island, FL South Merritt Island Paradise in New Georgiana Settlement Nestled on a spacious .34-acre l...	3 beds \| 2 baths \| 2,355 sq.ft.	$625,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 2.56% Airbnb Rental Income: $1761 Traditional Rental Income: $2438 Airbnb ROI: 0.58% Traditional ROI: 2.56%
2885 S Tropical Trail Merritt Island, FL Experience the charm of mid-century design with this iconic 1950s riverfront retreat-a rar...	3 beds \| 2 baths \| 1,639 sq.ft.	$925,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.71% Airbnb Rental Income: $1761 Traditional Rental Income: $2739 Airbnb ROI: 0.01% Traditional ROI: 1.71%
1784 N Merrimac Drive Merritt Island, FL Welcome to this well-maintained 3-bedroom, 2-bathroom concrete block home located in the h...	3 beds \| 2 baths \| 1,348 sq.ft.	$375,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 4.9% Airbnb Rental Income: $1761 Traditional Rental Income: $2399 Airbnb ROI: 1.71% Traditional ROI: 4.9%
1445 Sunrise Drive Merritt Island, FL Attention Boaters, Fishermen, and Space Engineers! You'll appreciate all that this Concret...	4 beds \| 2 baths \| 2,142 sq.ft.	$599,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 3.92% Airbnb Rental Income: $2133 Traditional Rental Income: $3053 Airbnb ROI: 1.3% Traditional ROI: 3.92%
1645 Westport Road Merritt Island, FL This waterfront pool home on Merritt Island boasts approximately 176 feet of frontage alon...	4 beds \| 2 baths \| 2,138 sq.ft.	$699,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.64% Airbnb Rental Income: $2133 Traditional Rental Income: $3353 Airbnb ROI: 0.93% Traditional ROI: 3.64%
2345 Marsh Harbor Avenue Merritt Island, FL Huge Price Improvement! Seller says SELL! Executive Pool Home in Gated Community on South ...	3 beds \| 3 baths \| 2,398 sq.ft.	$649,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 3.32% Airbnb Rental Income: $1761 Traditional Rental Income: $3078 Airbnb ROI: 0.35% Traditional ROI: 3.32%
101 Island Grove Drive Merritt Island, FL Welcome to 101 Island Grove Dr, located in the highly sought-after Island Grove community....	3 beds \| 3 baths \| 3,005 sq.ft.	$728,880	Airbnb cash on cash: 0.28% Traditional cash on cash: 3.29% Airbnb Rental Income: $1761 Traditional Rental Income: $3325 Airbnb ROI: 0.28% Traditional ROI: 3.29%
2710 S Courtenay Parkway Merritt Island, FL Looking for a home that balances everyday comfort with thoughtful updates? This Merritt Is...	3 beds \| 2 baths \| 1,933 sq.ft.	$680,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 2.82% Airbnb Rental Income: $1761 Traditional Rental Income: $2770 Airbnb ROI: 0.47% Traditional ROI: 2.82%
410 Nora Avenue Merritt Island, FL Outstanding location in South Merritt Island! 1/2 mile walk to Rotary Park. All A rated sc...	3 beds \| 2 baths \| 1,310 sq.ft.	$235,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 6.38% Airbnb Rental Income: $1761 Traditional Rental Income: $1987 Airbnb ROI: 3.19% Traditional ROI: 6.38%
438 Monitor Court Merritt Island, FL Move In Ready! Updated Family Pool Home in Beautiful Newfound Harbor, Merritt Island! This...	3 beds \| 2 baths \| 1,487 sq.ft.	$412,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 4.74% Airbnb Rental Income: $1761 Traditional Rental Income: $2459 Airbnb ROI: 1.68% Traditional ROI: 4.74%
1820 Via Roma Merritt Island, FL Welcome to 1820 Via Roma in Merritt Island-updated, coastal living on the iconic Space Coa...	3 beds \| 2 baths \| 1,297 sq.ft.	$399,999	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.96% Airbnb Rental Income: $1761 Traditional Rental Income: $2182 Airbnb ROI: 1.55% Traditional ROI: 3.96%

Your search for investment property begins and ends here

Single Family Homes for Sale in Merritt Island, FL

4297 Crooked Mile Road

Merritt Island, FL

5 beds | 5 baths | 5,535 sq.ft.

$3,100,000

Airbnb cash on cash: -1.01%

Traditional cash on cash: 0.98%

Airbnb Rental Income: $2332

Traditional Rental Income: $7461

Airbnb ROI: -1.01%

Traditional ROI: 0.98%

480 N Banana River Drive

Merritt Island, FL

3 beds | 2 baths | 1,721 sq.ft.

$359,000

Airbnb cash on cash: 1.86%

Traditional cash on cash: 5.06%

Airbnb Rental Income: $1761

Traditional Rental Income: $2357

Airbnb ROI: 1.86%

Traditional ROI: 5.06%

1040 CARRIGAN BOULEVARD

Merritt Island, FL

4 beds | 3 baths | 2,226 sq.ft.

$659,990

Airbnb cash on cash: 0.69%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $2133

Traditional Rental Income: $3859

Airbnb ROI: 0.69%

Traditional ROI: 4.38%

106 VICTORIA STREET

Merritt Island, FL

4 beds | 5 baths | 3,988 sq.ft.

$2,500,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: 0.72%

Airbnb Rental Income: $2133

Traditional Rental Income: $5332

Airbnb ROI: -0.89%

Traditional ROI: 0.72%

9490 S Tropical Trail

Merritt Island, FL

5 beds | 6 baths | 4,906 sq.ft.

$6,495,000

Airbnb cash on cash: -1.31%

Traditional cash on cash: -0.42%

Airbnb Rental Income: $2332

Traditional Rental Income: $7087

Airbnb ROI: -1.31%

Traditional ROI: -0.42%

2735 S Courtenay Parkway

Merritt Island, FL

4 beds | 2 baths | 3,030 sq.ft.

$760,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 1.5%

Airbnb Rental Income: $2133

Traditional Rental Income: $2576

Airbnb ROI: 0.11%

Traditional ROI: 1.5%

140 UTOPIA CIRCLE

Merritt Island, FL

4 beds | 4 baths | 3,194 sq.ft.

$1,289,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 2.43%

Airbnb Rental Income: $2133

Traditional Rental Income: $5120

Airbnb ROI: -0.52%

Traditional ROI: 2.43%

130 Moore Avenue

Merritt Island, FL

3 beds | 2 baths | 1,000 sq.ft.

$285,000

Airbnb cash on cash: 2.49%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $1761

Traditional Rental Income: $1843

Airbnb ROI: 2.49%