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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1620 Yount Drive Merritt Island, FL This beautifully maintained 4-bedroom, 3-bath custom home offers 2,769 square feet of ligh...	4 beds \| 3 baths \| 2,769 sq.ft.	$900,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 1.97% Airbnb Rental Income: $3817 Traditional Rental Income: $3485 Airbnb ROI: 1.38% Traditional ROI: 1.97%
145 CRISPIN STREET Merritt Island, FL Don't miss your chance to own a slice of paradise where every day feels like a getaway. St...	4 beds \| 4 baths \| 2,939 sq.ft.	$899,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 1.89% Airbnb Rental Income: $3817 Traditional Rental Income: $3318 Airbnb ROI: 1.5% Traditional ROI: 1.89%
10910 S Tropical Trail Merritt Island, FL Back on the market with a new and improved price! Seize this opportunity to experience the...	3 beds \| N/A baths \| 2,634 sq.ft.	$1,479,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 1.35% Airbnb Rental Income: $3901 Traditional Rental Income: $3695 Airbnb ROI: 0.89% Traditional ROI: 1.35%
1665 SEA SHELL DRIVE Merritt Island, FL One or more photo(s) has been virtually staged. ** HUGE PRICE ADJUSTMENT + a home warranty...	3 beds \| 2 baths \| 2,136 sq.ft.	$595,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 3.31% Airbnb Rental Income: $3901 Traditional Rental Income: $3033 Airbnb ROI: 3.36% Traditional ROI: 3.31%
4070 S Tropical Trail Merritt Island, FL Welcome to 4070 South Tropical Trail... a rare waterfront sanctuary where the Florida drea...	4 beds \| 3 baths \| 2,986 sq.ft.	$2,150,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 0.12% Airbnb Rental Income: $3817 Traditional Rental Income: $3552 Airbnb ROI: -0.16% Traditional ROI: 0.12%
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: -0.29% Traditional cash on cash: 0.72% Airbnb Rental Income: $3817 Traditional Rental Income: $5332 Airbnb ROI: -0.29% 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 \| N/A baths \| 4,906 sq.ft.	$6,495,000	Airbnb cash on cash: -0.84% Traditional cash on cash: -0.42% Airbnb Rental Income: $5753 Traditional Rental Income: $7087 Airbnb ROI: -0.84% Traditional ROI: -0.42%
1510 Holly Avenue Merritt Island, FL ***Save Big: 1% lender credit (based on loan amount) toward closing costs or rate buy-down...	4 beds \| 2 baths \| 1,560 sq.ft.	$547,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 3.64% Airbnb Rental Income: $3817 Traditional Rental Income: $2763 Airbnb ROI: 4.09% Traditional ROI: 3.64%
4385 Stillwaters Drive Merritt Island, FL Assumable 2.8% VA Mortgage. Tucked away on a full acre in the exclusive Still Water Subdiv...	4 beds \| 4 baths \| 4,526 sq.ft.	$1,000,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 3.05% Airbnb Rental Income: $3817 Traditional Rental Income: $4862 Airbnb ROI: 1.04% Traditional ROI: 3.05%
1215 Old Parsonage Drive Merritt Island, FL Beautifully renovated 4 bedroom pool home in the charming New Georgianna Settlement commun...	4 beds \| 2 baths \| 2,045 sq.ft.	$699,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 3.13% Airbnb Rental Income: $3817 Traditional Rental Income: $2982 Airbnb ROI: 3.14% Traditional ROI: 3.13%
1523 STAFFORD AVENUE Merritt Island, FL SELLERS OFFERING $7,500 BUYER INCENTIVES AND 2-YEAR HOME WARRANTY! PRICE IMPROVEMENT! Brin...	4 beds \| 3 baths \| 2,374 sq.ft.	$545,000	Airbnb cash on cash: 4.08% Traditional cash on cash: 4.36% Airbnb Rental Income: $3817 Traditional Rental Income: $3133 Airbnb ROI: 4.08% Traditional ROI: 4.36%
1395 Floral Lane Merritt Island, FL 3 BEDROOM 2 BATH POOL HOME WITH NO HOA! The fully renovated kitchen with stainless steel a...	3 beds \| 2 baths \| 1,244 sq.ft.	$379,900	Airbnb cash on cash: 6.49% Traditional cash on cash: 4.31% Airbnb Rental Income: $3901 Traditional Rental Income: $2284 Airbnb ROI: 6.49% Traditional ROI: 4.31%
2735 S Courtenay Parkway Merritt Island, FL Gorgeous Merritt Island Pool Home! NO HOA! Step inside to soaring ceilings and abundant na...	4 beds \| N/A baths \| 3,030 sq.ft.	$770,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 1.47% Airbnb Rental Income: $3817 Traditional Rental Income: $2576 Airbnb ROI: 2.05% Traditional ROI: 1.47%
1005 Old Parsonage Drive Merritt Island, FL Nestled in the highly desirable New Georgiana Settlement, this Merritt Island estate combi...	3 beds \| 2 baths \| 2,151 sq.ft.	$699,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 2.27% Airbnb Rental Income: $3901 Traditional Rental Income: $2680 Airbnb ROI: 2.86% Traditional ROI: 2.27%
365 Hula Circle Merritt Island, FL Looking for your beach house getaway so you can feel like you're on vaca all year long? HE...	3 beds \| 2 baths \| 1,682 sq.ft.	$385,000	Airbnb cash on cash: 6.35% Traditional cash on cash: 4.8% Airbnb Rental Income: $3901 Traditional Rental Income: $2504 Airbnb ROI: 6.35% Traditional ROI: 4.8%
1425 Lester Court Merritt Island, FL Welcome to 1425 Lester Ct, Merritt Island, THIS NEW BUILD IN 2020! NEW PLUMBING, NEW ELECT...	3 beds \| 3 baths \| 1,740 sq.ft.	$475,000	Airbnb cash on cash: 5.07% Traditional cash on cash: 3.53% Airbnb Rental Income: $3901 Traditional Rental Income: $2377 Airbnb ROI: 5.07% Traditional ROI: 3.53%
801 Grandview Drive Merritt Island, FL Incredible waterfront opportunity-13 feet above sea level with NO flood insurance required...	4 beds \| N/A baths \| 3,960 sq.ft.	$1,125,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 1.74% Airbnb Rental Income: $3817 Traditional Rental Income: $3867 Airbnb ROI: 0.91% Traditional ROI: 1.74%
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.	$325,000	Airbnb cash on cash: 7.58% Traditional cash on cash: 4.09% Airbnb Rental Income: $3901 Traditional Rental Income: $1995 Airbnb ROI: 7.58% Traditional ROI: 4.09%
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.	$379,900	Airbnb cash on cash: 7.18% Traditional cash on cash: 5.21% Airbnb Rental Income: $3901 Traditional Rental Income: $2360 Airbnb ROI: 7.18% Traditional ROI: 5.21%
4395 Crooked Mile Road Merritt Island, FL Welcome to your personal sanctuaryâthis 4 bedroom 3.5 home is nestled on a lush, park-li...	4 beds \| 3 baths \| 2,936 sq.ft.	$799,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 2.19% Airbnb Rental Income: $3817 Traditional Rental Income: $3394 Airbnb ROI: 1.65% Traditional ROI: 2.19%
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: 5% Traditional cash on cash: 3.42% Airbnb Rental Income: $5753 Traditional Rental Income: $3500 Airbnb ROI: 5% 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 \| N/A baths \| 6,371 sq.ft.	$4,995,000	Airbnb cash on cash: -0.33% Traditional cash on cash: -1.03% Airbnb Rental Income: $5753 Traditional Rental Income: $1362 Airbnb ROI: -0.33% Traditional ROI: -1.03%
535 BARRETT DRIVE Merritt Island, FL See dolphins and manatees right outside your door with this rare waterfront find on Sykes ...	3 beds \| 2 baths \| 1,350 sq.ft.	$464,900	Airbnb cash on cash: 4.64% Traditional cash on cash: 3.24% Airbnb Rental Income: $3901 Traditional Rental Income: $2452 Airbnb ROI: 4.64% Traditional ROI: 3.24%
115 Carib Drive Merritt Island, FL Welcome to Merritt Island living! This home features a private pool, a spacious backyard, ...	3 beds \| 2 baths \| 1,548 sq.ft.	$325,000	Airbnb cash on cash: 7.56% Traditional cash on cash: 5.07% Airbnb Rental Income: $3901 Traditional Rental Income: $2301 Airbnb ROI: 7.56% Traditional ROI: 5.07%
185 Moore Avenue Merritt Island, FL Close to Everything Merritt Island Has to Offer! Love fishing, boating, or beach days? Thi...	4 beds \| 3 baths \| 1,638 sq.ft.	$359,500	Airbnb cash on cash: 7.32% Traditional cash on cash: 7.5% Airbnb Rental Income: $3817 Traditional Rental Income: $3052 Airbnb ROI: 7.32% Traditional ROI: 7.5%
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: 6.8% Traditional cash on cash: 4.53% Airbnb Rental Income: $3817 Traditional Rental Income: $2245 Airbnb ROI: 6.8% Traditional ROI: 4.53%
8670 S Tropical Trail Merritt Island, FL Welcome to a once-in-a-lifetime opportunity to own a spectacular waterfront property locat...	2 beds \| 2 baths \| 1,270 sq.ft.	$1,025,000	Airbnb cash on cash: 0% Traditional cash on cash: 0.49% Airbnb Rental Income: $2528 Traditional Rental Income: $2384 Airbnb ROI: 0% Traditional ROI: 0.49%
860 S Banana River Drive Merritt Island, FL NO HOA Easy living on the water! Enjoy front row seats to rocket launches, while dolphin...	3 beds \| 3 baths \| 1,863 sq.ft.	$1,549,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 0.5% Airbnb Rental Income: $3901 Traditional Rental Income: $2998 Airbnb ROI: 0.55% Traditional ROI: 0.5%
66 Moore Avenue Merritt Island, FL A true gem like this rarely hits the market! Fully permitted with the county, all renovati...	4 beds \| 2 baths \| 1,750 sq.ft.	$430,900	Airbnb cash on cash: 5.54% Traditional cash on cash: 4.57% Airbnb Rental Income: $3817 Traditional Rental Income: $2600 Airbnb ROI: 5.54% Traditional ROI: 4.57%
1451 Grand Cayman Drive Merritt Island, FL Check out this beautifully updated 3 bedroom, 2 bath Merritt Island home located in the hi...	3 beds \| 2 baths \| 2,046 sq.ft.	$449,000	Airbnb cash on cash: 4.78% Traditional cash on cash: 3.77% Airbnb Rental Income: $3901 Traditional Rental Income: $2636 Airbnb ROI: 4.78% Traditional ROI: 3.77%
1340 LESTER COURT Merritt Island, FL Completely renovated 3 Bedroom, 2 Bathroom home with plenty of room for family and friends...	3 beds \| 2 baths \| 1,346 sq.ft.	$359,900	Airbnb cash on cash: 7.53% Traditional cash on cash: 4.94% Airbnb Rental Income: $3901 Traditional Rental Income: $2188 Airbnb ROI: 7.53% Traditional ROI: 4.94%
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: 5.91% Traditional cash on cash: 7.58% Airbnb Rental Income: $3817 Traditional Rental Income: $3658 Airbnb ROI: 5.91% 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: 0.15% Traditional cash on cash: 0.64% Airbnb Rental Income: $3817 Traditional Rental Income: $4130 Airbnb ROI: 0.15% Traditional ROI: 0.64%
4137 Crooked Mile Road Merritt Island, FL Welcome to 4137 Crooked Mile Road, featuring entry privacy that only a decades old mature ...	5 beds \| N/A baths \| 3,645 sq.ft.	$1,899,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 0.9% Airbnb Rental Income: $5753 Traditional Rental Income: $4011 Airbnb ROI: 1.24% Traditional ROI: 0.9%
245 Stewart Drive Merritt Island, FL Tucked within the prestigious Hacienda Del Sol Estates on historic Bagger's Point, this 3-...	5 beds \| N/A baths \| 6,758 sq.ft.	$3,300,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 0.95% Airbnb Rental Income: $5753 Traditional Rental Income: $7766 Airbnb ROI: -0.08% Traditional ROI: 0.95%
2703 Barrow Drive Merritt Island, FL South Merritt Island Tropical Paradise! Immaculate and spacious 4 bed, 3 bath, split plan....	4 beds \| 3 baths \| 2,626 sq.ft.	$649,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 3.93% Airbnb Rental Income: $3817 Traditional Rental Income: $3407 Airbnb ROI: 3.24% Traditional ROI: 3.93%
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: 0.79% Traditional cash on cash: 0.59% Airbnb Rental Income: $3901 Traditional Rental Income: $2790 Airbnb ROI: 0.79% 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: 2.06% Traditional cash on cash: 3.07% Airbnb Rental Income: $5753 Traditional Rental Income: $5924 Airbnb ROI: 2.06% Traditional ROI: 3.07%
290 Utopia Circle Merritt Island, FL Enjoy spectacular rocket launches and serene Banana River views from this beautifully land...	4 beds \| 3 baths \| 2,955 sq.ft.	$1,200,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 1.58% Airbnb Rental Income: $3817 Traditional Rental Income: $3474 Airbnb ROI: 1.14% Traditional ROI: 1.58%
10100 S Tropical Trail Merritt Island, FL PRICED TO SELL! Direct Indian River/Intracoastal!! 100 ft of sparkling shoreline with priv...	3 beds \| 3 baths \| 1,759 sq.ft.	$895,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 2.82% Airbnb Rental Income: $3901 Traditional Rental Income: $3671 Airbnb ROI: 2.09% Traditional ROI: 2.82%

Your search for investment property begins and ends here

Single Family Homes for Sale in Merritt Island, FL

1620 Yount Drive

Merritt Island, FL

4 beds | 3 baths | 2,769 sq.ft.

$900,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 1.97%

Airbnb Rental Income: $3817

Traditional Rental Income: $3485

Airbnb ROI: 1.38%

Traditional ROI: 1.97%

145 CRISPIN STREET

Merritt Island, FL

4 beds | 4 baths | 2,939 sq.ft.

$899,000

Airbnb cash on cash: 1.5%

Traditional cash on cash: 1.89%

Airbnb Rental Income: $3817

Traditional Rental Income: $3318

Airbnb ROI: 1.5%

Traditional ROI: 1.89%

10910 S Tropical Trail

Merritt Island, FL

3 beds | N/A baths | 2,634 sq.ft.

$1,479,000

Airbnb cash on cash: 0.89%

Traditional cash on cash: 1.35%

Airbnb Rental Income: $3901

Traditional Rental Income: $3695

Airbnb ROI: 0.89%

Traditional ROI: 1.35%

1665 SEA SHELL DRIVE

Merritt Island, FL

3 beds | 2 baths | 2,136 sq.ft.

$595,000

Airbnb cash on cash: 3.36%

Traditional cash on cash: 3.31%

Airbnb Rental Income: $3901

Traditional Rental Income: $3033

Airbnb ROI: 3.36%

Traditional ROI: 3.31%

4070 S Tropical Trail

Merritt Island, FL

4 beds | 3 baths | 2,986 sq.ft.

$2,150,000

Airbnb cash on cash: -0.16%

Traditional cash on cash: 0.12%

Airbnb Rental Income: $3817

Traditional Rental Income: $3552

Airbnb ROI: -0.16%

Traditional ROI: 0.12%

106 VICTORIA STREET

Merritt Island, FL

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

$2,500,000

Airbnb cash on cash: -0.29%

Traditional cash on cash: 0.72%

Airbnb Rental Income: $3817

Traditional Rental Income: $5332

Airbnb ROI: -0.29%

Traditional ROI: 0.72%

9490 S Tropical Trail

Merritt Island, FL

5 beds | N/A baths | 4,906 sq.ft.

$6,495,000

Airbnb cash on cash: -0.84%

Traditional cash on cash: -0.42%

Airbnb Rental Income: $5753

Traditional Rental Income: $7087

Airbnb ROI: -0.84%

Traditional ROI: -0.42%

1510 Holly Avenue

Merritt Island, FL

4 beds | 2 baths | 1,560 sq.ft.

$547,000

Airbnb cash on cash: 4.09%

Traditional cash on cash: 3.64%

Airbnb Rental Income: $3817

Traditional Rental Income: $2763

Airbnb ROI: 4.09%