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 72 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
1315 Lester Court Merritt Island, FL Here's the 4 bedroom on Merritt Island that you've been looking for! The 4th bedroom does ...	3 beds \| 2 baths \| 1,238 sq.ft.	$358,500	Airbnb cash on cash: 3.37% Traditional cash on cash: 4.37% Airbnb Rental Income: $2463 Traditional Rental Income: $2201 Airbnb ROI: 3.37% Traditional ROI: 4.37%
840 WOODBINE DRIVE Merritt Island, FL Beautiful home in extremely desirable area. This location is perfect for relaxing, comfort...	4 beds \| 3 baths \| 2,423 sq.ft.	$789,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 3.76% Airbnb Rental Income: $3959 Traditional Rental Income: $4105 Airbnb ROI: 2.4% Traditional ROI: 3.76%
525 Orange Avenue Merritt Island, FL GORGEOUS POOL HOME IN MERRITT ISLAND! A picture perfect 3 bed/2 full bath home on an OVERS...	3 beds \| 2 baths \| 1,308 sq.ft.	$360,000	Airbnb cash on cash: 3.66% Traditional cash on cash: 4.95% Airbnb Rental Income: $2463 Traditional Rental Income: $2297 Airbnb ROI: 3.66% Traditional ROI: 4.95%
435 S Courtenay Parkway Merritt Island, FL $5,000 TOWARDS BUYERS CLOSING COSTS! Take advantage of an opportunity and come see this mo...	4 beds \| 2 baths \| 1,360 sq.ft.	$327,500	Airbnb cash on cash: 7.85% Traditional cash on cash: 6.02% Airbnb Rental Income: $3959 Traditional Rental Income: $2545 Airbnb ROI: 7.85% Traditional ROI: 6.02%
680 Sunset Lane Merritt Island, FL Location, location, location! This solid, well-maintained home is located in desirable Sou...	4 beds \| 3 baths \| 2,540 sq.ft.	$539,900	Airbnb cash on cash: 4.02% Traditional cash on cash: 5.81% Airbnb Rental Income: $3959 Traditional Rental Income: $4011 Airbnb ROI: 4.02% Traditional ROI: 5.81%
3083 NEWFOUND HARBOR DRIVE Merritt Island, FL Welcome to 3083 Newfound Harbor Dr, Merritt Island, a rare waterfront opportunity offering...	4 beds \| 3 baths \| 2,445 sq.ft.	$1,100,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.13% Airbnb Rental Income: $3959 Traditional Rental Income: $4194 Airbnb ROI: 1.07% Traditional ROI: 2.13%
135 Richland Avenue Merritt Island, FL Beautiful Pool Home with Canal Access - Move-In Ready, Fully Furnished & Turnkey. Welcome ...	3 beds \| 2 baths \| 1,414 sq.ft.	$489,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 4.52% Airbnb Rental Income: $2463 Traditional Rental Income: $3146 Airbnb ROI: 1.72% Traditional ROI: 4.52%
4341 Timothy Drive Merritt Island, FL Move-in ready home in a lovely gated 55+ community. Perfect for mom or dad with a walk-in ...	3 beds \| 2 baths \| 1,622 sq.ft.	$305,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.09% Airbnb Rental Income: $2463 Traditional Rental Income: $2566 Airbnb ROI: 1.64% Traditional ROI: 4.09%
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: -0.24% Traditional cash on cash: 2.24% Airbnb Rental Income: $3959 Traditional Rental Income: $8861 Airbnb ROI: -0.24% Traditional ROI: 2.24%
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.	$4,950,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 0.96% Airbnb Rental Income: $2161 Traditional Rental Income: $12618 Airbnb ROI: -1.44% Traditional ROI: 0.96%
405 Norwood Street Merritt Island, FL There's No Place Like Home! And, this MCM cottage is simply adorable and move in ready wit...	3 beds \| 2 baths \| 1,282 sq.ft.	$319,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 5.56% Airbnb Rental Income: $2463 Traditional Rental Income: $2290 Airbnb ROI: 4.14% Traditional ROI: 5.56%
140 UTOPIA CIRCLE Merritt Island, FL Under contract-accepting backup offers. Luxury coastal living on 1-acre + a boat slip in M...	4 beds \| 4 baths \| 3,194 sq.ft.	$1,198,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 3.24% Airbnb Rental Income: $3959 Traditional Rental Income: $5733 Airbnb ROI: 0.88% Traditional ROI: 3.24%
330 Melbourne Avenue Merritt Island, FL NO HOA, centrally located, closed to schools, shopping, dining and local parks. Short driv...	3 beds \| 2 baths \| 1,708 sq.ft.	$259,000	Airbnb cash on cash: 4.84% Traditional cash on cash: 8.14% Airbnb Rental Income: $2463 Traditional Rental Income: $2670 Airbnb ROI: 4.84% Traditional ROI: 8.14%
135 S Kenneth Court Merritt Island, FL Getting to the beach in 9 minutes? Yes, please! Experience the ultimate Florida lifestyle ...	2 beds \| 1 baths \| 961 sq.ft.	$297,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 4.88% Airbnb Rental Income: $995 Traditional Rental Income: $1984 Airbnb ROI: 0.07% Traditional ROI: 4.88%
804 HAMPTON WAY Merritt Island, FL Come see 804 Hampton Way, where the residence features fresh exterior paint for enhanced c...	3 beds \| 2 baths \| 1,400 sq.ft.	$305,000	Airbnb cash on cash: 4.17% Traditional cash on cash: 5.72% Airbnb Rental Income: $2463 Traditional Rental Income: $2309 Airbnb ROI: 4.17% Traditional ROI: 5.72%
904 Westwood Drive Merritt Island, FL PRICE REDUCTION! Affordable and Move-in ready Merritt Island gem! This beautifully maintai...	3 beds \| 2 baths \| 1,008 sq.ft.	$279,000	Airbnb cash on cash: 5.5% Traditional cash on cash: 6.53% Airbnb Rental Income: $2463 Traditional Rental Income: $2134 Airbnb ROI: 5.5% Traditional ROI: 6.53%
227 Norwich Street Merritt Island, FL Welcome home to your waterfront gorgeous 4 bedroom, 3 bath, 3 way split open floor plan in...	4 beds \| 3 baths \| 2,428 sq.ft.	$750,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 3.56% Airbnb Rental Income: $3959 Traditional Rental Income: $4013 Airbnb ROI: 2.27% Traditional ROI: 3.56%
1855 SANDBAR DRIVE Merritt Island, FL Under contract-accepting backup offers. Located in the desirable Waterway Manor community ...	4 beds \| 2 baths \| 1,372 sq.ft.	$485,000	Airbnb cash on cash: 4.78% Traditional cash on cash: 3.41% Airbnb Rental Income: $3959 Traditional Rental Income: $2489 Airbnb ROI: 4.78% Traditional ROI: 3.41%
5595 EAGLE WAY Merritt Island, FL Welcome to this well-maintained 4-bedroom, 2-bath home located in the heart of North Merri...	4 beds \| 2 baths \| 2,226 sq.ft.	$529,900	Airbnb cash on cash: 4.47% Traditional cash on cash: 5.14% Airbnb Rental Income: $3959 Traditional Rental Income: $3442 Airbnb ROI: 4.47% Traditional ROI: 5.14%
470 Sundoro Court Merritt Island, FL Welcome to 470 Sondoro Court, a well-positioned 4 bedroom, 2 bath waterfront home located ...	4 beds \| 2 baths \| 1,629 sq.ft.	$629,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 3.88% Airbnb Rental Income: $3959 Traditional Rental Income: $3547 Airbnb ROI: 3.14% Traditional ROI: 3.88%
115 Carib Drive Merritt Island, FL SHORT SALE Priced lower than appraisal. Bank approved price. Beautiful Merritt Island ...	3 beds \| 2 baths \| 1,548 sq.ft.	$288,000	Airbnb cash on cash: 4.22% Traditional cash on cash: 5.84% Airbnb Rental Income: $2463 Traditional Rental Income: $2301 Airbnb ROI: 4.22% Traditional ROI: 5.84%
135 Artemis Boulevard Merritt Island, FL Gorgeous water frontage! Not only navigable, but a nice long view across the water... not ...	4 beds \| 2 baths \| 2,225 sq.ft.	$550,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 4.93% Airbnb Rental Income: $3959 Traditional Rental Income: $3741 Airbnb ROI: 3.7% Traditional ROI: 4.93%
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.	$219,000	Airbnb cash on cash: 6.08% Traditional cash on cash: 8.06% Airbnb Rental Income: $2463 Traditional Rental Income: $2273 Airbnb ROI: 6.08% Traditional ROI: 8.06%
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.	$585,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 3.95% Airbnb Rental Income: $2463 Traditional Rental Income: $3320 Airbnb ROI: 1.28% Traditional ROI: 3.95%
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: 2.27% Traditional cash on cash: 4.29% Airbnb Rental Income: $2463 Traditional Rental Income: $2713 Airbnb ROI: 2.27% Traditional ROI: 4.29%
2035 Newfound Harbor Drive Merritt Island, FL More pictures to come! Welcome to your island lifestyle retreat! The seller is taking car...	3 beds \| 2 baths \| 1,398 sq.ft.	$325,000	Airbnb cash on cash: 4.06% Traditional cash on cash: 5.02% Airbnb Rental Income: $2463 Traditional Rental Income: $2156 Airbnb ROI: 4.06% Traditional ROI: 5.02%
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.	$1,299,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 2.91% Airbnb Rental Income: $2161 Traditional Rental Income: $5810 Airbnb ROI: -0.57% Traditional ROI: 2.91%
320 Alabama Avenue Merritt Island, FL This executive home truly has it all and will not disappoint. Gorgeous, fully updated 4-be...	4 beds \| 2 baths \| 1,300 sq.ft.	$499,000	Airbnb cash on cash: 5.15% Traditional cash on cash: 4.97% Airbnb Rental Income: $3959 Traditional Rental Income: $3029 Airbnb ROI: 5.15% Traditional ROI: 4.97%
4245 Hillview Circle Merritt Island, FL Welcome to this well-maintained 4-bedroom, 2-bath pool home in highly desirable Hilltop Ma...	4 beds \| 2 baths \| 2,002 sq.ft.	$664,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 3.28% Airbnb Rental Income: $3959 Traditional Rental Income: $3265 Airbnb ROI: 3.03% Traditional ROI: 3.28%
150 UTOPIA CIRCLE Merritt Island, FL PRICE IMPROVEMENT! Discover one of Brevard County's most unique communities with 1-acre lo...	5 beds \| 4 baths \| 5,308 sq.ft.	$1,249,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 3.96% Airbnb Rental Income: $2161 Traditional Rental Income: $6021 Airbnb ROI: 0.17% Traditional ROI: 3.96%
700 Milford Point Drive Merritt Island, FL One-of-a-kind Peninsula Waterfront Estate on Two Premium Lots.Welcome to a rare peninsula-...	5 beds \| 4 baths \| 4,040 sq.ft.	$2,300,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.3% Airbnb Rental Income: $2161 Traditional Rental Income: $5687 Airbnb ROI: -0.61% Traditional ROI: 1.3%
2195 S Courtenay Parkway Merritt Island, FL Huge Price Reduction Below Recent Appraised Value, Discover the epitome of equestrian eleg...	5 beds \| 5 baths \| 7,308 sq.ft.	$1,623,456	Airbnb cash on cash: -0.93% Traditional cash on cash: 3.42% Airbnb Rental Income: $2161 Traditional Rental Income: $8176 Airbnb ROI: -0.93% Traditional ROI: 3.42%
4073 Sand Ridge Drive Merritt Island, FL Golf Course is under new ownership & undergoing many improvements! And dues are low!!! Cul...	3 beds \| 3 baths \| 2,221 sq.ft.	$375,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 6.86% Airbnb Rental Income: $2463 Traditional Rental Income: $3193 Airbnb ROI: 3.09% Traditional ROI: 6.86%
225 RICHLAND Merritt Island, FL Stunning waterfront sanctuary on Merritt Island âwhether youâre seeking an ideal forev...	4 beds \| 2 baths \| 1,900 sq.ft.	$490,000	Airbnb cash on cash: 4.64% Traditional cash on cash: 5.8% Airbnb Rental Income: $3959 Traditional Rental Income: $3641 Airbnb ROI: 4.64% Traditional ROI: 5.8%
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.	$850,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 2.6% Airbnb Rental Income: $2463 Traditional Rental Income: $3253 Airbnb ROI: 0.84% Traditional ROI: 2.6%
327 S Tropical Trail Merritt Island, FL Stunning Indian River estate on coveted South Tropical Trail. Nestled down a long driveway...	4 beds \| 2 baths \| 2,464 sq.ft.	$1,010,800	Airbnb cash on cash: 1.69% Traditional cash on cash: 3.37% Airbnb Rental Income: $3959 Traditional Rental Income: $4692 Airbnb ROI: 1.69% Traditional ROI: 3.37%
1440 Sykes Creek Drive Merritt Island, FL Endless water & nature vistas! Spacious home is perfectly positioned on premium navigable ...	4 beds \| 3 baths \| 2,900 sq.ft.	$1,000,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 3.13% Airbnb Rental Income: $3959 Traditional Rental Income: $4316 Airbnb ROI: 1.83% Traditional ROI: 3.13%
101 Island Grove Drive Merritt Island, FL Welcome to 101 Island Grove Dr, located in the highly sought-after Island Grove community....	4 beds \| 3 baths \| 3,005 sq.ft.	$699,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 4.47% Airbnb Rental Income: $3959 Traditional Rental Income: $4017 Airbnb ROI: 3.08% Traditional ROI: 4.47%

Your search for investment property begins and ends here

Single Family Homes for Sale in Merritt Island, FL

1315 Lester Court

Merritt Island, FL

3 beds | 2 baths | 1,238 sq.ft.

$358,500

Airbnb cash on cash: 3.37%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $2463

Traditional Rental Income: $2201

Airbnb ROI: 3.37%

Traditional ROI: 4.37%

840 WOODBINE DRIVE

Merritt Island, FL

4 beds | 3 baths | 2,423 sq.ft.

$789,000

Airbnb cash on cash: 2.4%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $3959

Traditional Rental Income: $4105

Airbnb ROI: 2.4%

Traditional ROI: 3.76%

525 Orange Avenue

Merritt Island, FL

3 beds | 2 baths | 1,308 sq.ft.

$360,000

Airbnb cash on cash: 3.66%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $2463

Traditional Rental Income: $2297

Airbnb ROI: 3.66%

Traditional ROI: 4.95%

435 S Courtenay Parkway

Merritt Island, FL

4 beds | 2 baths | 1,360 sq.ft.

$327,500

Airbnb cash on cash: 7.85%

Traditional cash on cash: 6.02%

Airbnb Rental Income: $3959

Traditional Rental Income: $2545

Airbnb ROI: 7.85%

Traditional ROI: 6.02%

680 Sunset Lane

Merritt Island, FL

4 beds | 3 baths | 2,540 sq.ft.

$539,900

Airbnb cash on cash: 4.02%

Traditional cash on cash: 5.81%

Airbnb Rental Income: $3959

Traditional Rental Income: $4011

Airbnb ROI: 4.02%

Traditional ROI: 5.81%

3083 NEWFOUND HARBOR DRIVE

Merritt Island, FL

4 beds | 3 baths | 2,445 sq.ft.

$1,100,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: 2.13%

Airbnb Rental Income: $3959

Traditional Rental Income: $4194

Airbnb ROI: 1.07%

Traditional ROI: 2.13%

135 Richland Avenue

Merritt Island, FL

3 beds | 2 baths | 1,414 sq.ft.

$489,900

Airbnb cash on cash: 1.72%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $2463

Traditional Rental Income: $3146

Airbnb ROI: 1.72%

Traditional ROI: 4.52%

4341 Timothy Drive

Merritt Island, FL

3 beds | 2 baths | 1,622 sq.ft.

$305,000

Airbnb cash on cash: 1.64%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $2463

Traditional Rental Income: $2566

Airbnb ROI: 1.64%