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 240 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
1740 Canal Court Merritt Island, FL Coming Soon! LOWEST PRICED Waterfront Pool home currently available with 2015 seawall/boat...	3 beds \| 2 baths \| 1,652 sq.ft.	$499,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 4.31% Airbnb Rental Income: $1761 Traditional Rental Income: $2812 Airbnb ROI: 1.03% Traditional ROI: 4.31%
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%
4835 Hebron Drive Merritt Island, FL Welcome to Egrets Landing, one of Merritt Island's premier communities. This 4-bed, 3-bath...	4 beds \| 3 baths \| 3,044 sq.ft.	$799,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 1.94% Airbnb Rental Income: $2133 Traditional Rental Income: $3069 Airbnb ROI: -0.05% Traditional ROI: 1.94%
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%
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%
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%
390 Wainai Dr Merritt Island, FL Click virtual tour (or search 390 Wainai Drive on Youtube) to see video! Turnkey Waterfron...	4 beds \| 2 baths \| 2,660 sq.ft.	$1,495,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 0.93% Airbnb Rental Income: $2133 Traditional Rental Income: $3305 Airbnb ROI: -0.31% Traditional ROI: 0.93%
113 Las Palmas Merritt Island, FL Villa De Palmas! Well appointed home fully remodeled Pool home featuring 4 bed/2 bath and ...	4 beds \| 2 baths \| 1,907 sq.ft.	$549,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 4.45% Airbnb Rental Income: $2133 Traditional Rental Income: $3355 Airbnb ROI: 1.01% Traditional ROI: 4.45%
1220 Robin Dr 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%
404 4th St Merritt Island, FL Adorable concrete block home, great location in Central Merritt Island. Updated kitchen an...	2 beds \| 1 baths \| 864 sq.ft.	$250,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 4.59% Airbnb Rental Income: $786 Traditional Rental Income: $1560 Airbnb ROI: 0.04% Traditional ROI: 4.59%
485 Milford Point Dr Merritt Island, FL Check out the 3D walkthrough. Discover an incredible waterfront opportunity-ready for some...	3 beds \| 2 baths \| 2,374 sq.ft.	$850,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 2.46% Airbnb Rental Income: $1761 Traditional Rental Income: $3320 Airbnb ROI: -0.11% Traditional ROI: 2.46%
1545 Cunningham Ave 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.	$224,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 6.62% Airbnb Rental Income: $1761 Traditional Rental Income: $2011 Airbnb ROI: 3.17% Traditional ROI: 6.62%
225 Richland Merritt Island, FL Discover your income producing waterfront sanctuary on Merritt Island with this stunning r...	4 beds \| 2 baths \| 1,900 sq.ft.	$530,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 4.29% Airbnb Rental Income: $2133 Traditional Rental Income: $3188 Airbnb ROI: 1.12% Traditional ROI: 4.29%
322 3rd St Merritt Island, FL This home is in a prime location on a dead end street in Central Merritt Island and is rea...	4 beds \| 2 baths \| 1,368 sq.ft.	$285,000	Airbnb cash on cash: 3.47% Traditional cash on cash: 6.98% Airbnb Rental Income: $2133 Traditional Rental Income: $2543 Airbnb ROI: 3.47% Traditional ROI: 6.98%
2658 Trails At Hidden Hbr Merritt Island, FL Meticulously maintained 4 bed, 2.5 bath pool home resting on a peaceful lake in River Grov...	4 beds \| 2 baths \| 2,316 sq.ft.	$599,999	Airbnb cash on cash: 1.1% Traditional cash on cash: 3.21% Airbnb Rental Income: $2133 Traditional Rental Income: $2767 Airbnb ROI: 1.1% Traditional ROI: 3.21%
4211 Timothy Dr Merritt Island, FL Welcome Home to a Warm & Relaxing FL Lifestyle! This STUNNING Remodeled Home is TURN-KEY R...	3 beds \| 2 baths \| 1,611 sq.ft.	$329,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 2.7% Airbnb Rental Income: $1761 Traditional Rental Income: $2252 Airbnb ROI: -0.45% Traditional ROI: 2.7%
130 Moore Ave 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%
1390 Scorpious Ct Merritt Island, FL Reduced & Motivated! Waterfront pool remodeled home with 4 bedrooms & 3 bathrooms! Primary...	3 beds \| 2 baths \| 1,804 sq.ft.	$750,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 3.22% Airbnb Rental Income: $2133 Traditional Rental Income: $3314 Airbnb ROI: 0.76% Traditional ROI: 3.22%
1685 Savana Dr Merritt Island, FL Exceptional income-producing property offering two fully independent residences on one spa...	5 beds \| 4 baths \| 2,523 sq.ft.	$400,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 10.33% Airbnb Rental Income: $2332 Traditional Rental Income: $4710 Airbnb ROI: 2.45% Traditional ROI: 10.33%
1244 Lynne Dr 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%
255 Birch Ave Merritt Island, FL Welcome to this spacious 4-bedroom, 3-bath Merritt Island home. Perfectly blending comfort...	4 beds \| 3 baths \| 1,849 sq.ft.	$290,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 8.45% Airbnb Rental Income: $2133 Traditional Rental Income: $3024 Airbnb ROI: 3.2% Traditional ROI: 8.45%
250 Diana Blvd Merritt Island, FL Motivated Seller! Prime location sitting at the end of the canal offering unrestricted vie...	4 beds \| 2 baths \| 1,702 sq.ft.	$759,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 2.66% Airbnb Rental Income: $2133 Traditional Rental Income: $2819 Airbnb ROI: 0.92% Traditional ROI: 2.66%
2710 S Courtenay Pkwy 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.	$665,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 2.9% Airbnb Rental Income: $1761 Traditional Rental Income: $2770 Airbnb ROI: 0.5% Traditional ROI: 2.9%
1430 James Ave Merritt Island, FL	3 beds \| 2 baths \| 1,442 sq.ft.	$345,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 3.99% Airbnb Rental Income: $1761 Traditional Rental Income: $1883 Airbnb ROI: 1.91% Traditional ROI: 3.99%
535 Robinhood Dr Merritt Island, FL	3 beds \| 2 baths \| 2,168 sq.ft.	$1,025,000	Airbnb cash on cash: -0.89% Traditional cash on cash: -0.52% Airbnb Rental Income: $1026 Traditional Rental Income: $881 Airbnb ROI: -0.89% Traditional ROI: -0.52%
135 Richland Ave Merritt Island, FL Beautiful Pool Home with Canal Access - Move-In Ready, Fully Furnished & Turnkey. Welcome ...	3 beds \| 2 baths \| 1,414 sq.ft.	$514,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 3.02% Airbnb Rental Income: $1761 Traditional Rental Income: $2558 Airbnb ROI: 0.41% Traditional ROI: 3.02%
2025 Sykes Creek Dr Merritt Island, FL Are you ready to start living on island time? This spacious 4BR / 2.5BA home has a split f...	4 beds \| 2 baths \| 2,416 sq.ft.	$839,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 1.76% Airbnb Rental Income: $2133 Traditional Rental Income: $3033 Airbnb ROI: -0.09% Traditional ROI: 1.76%
214 Via De La Reina Merritt Island, FL How do I love thee? Count all the ways you will LOVE this home. Impact windows and doors t...	3 beds \| 2 baths \| 1,752 sq.ft.	$650,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 2.86% Airbnb Rental Income: $1761 Traditional Rental Income: $2708 Airbnb ROI: 0.51% Traditional ROI: 2.86%
680 Sunset Ln 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: 1.01% Traditional cash on cash: 4.88% Airbnb Rental Income: $2133 Traditional Rental Income: $3544 Airbnb ROI: 1.01% Traditional ROI: 4.88%
4245 Hillview Cir Merritt Island, FL Welcome to this unique deiscovery in South Merritt Island's Hilltop Manor! This well-maint...	4 beds \| 2 baths \| 2,002 sq.ft.	$684,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.13% Airbnb Rental Income: $2133 Traditional Rental Income: $2682 Airbnb ROI: 0.48% Traditional ROI: 2.13%
135 Artemis Blvd Merritt Island, FL Stunning waterfront pool home with breathtaking river views in sought-after Diana Shores! ...	4 beds \| 2 baths \| 2,225 sq.ft.	$929,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.7% Airbnb Rental Income: $2133 Traditional Rental Income: $3131 Airbnb ROI: -0.01% Traditional ROI: 1.7%
3083 Newfound Harbor Dr 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: -0.47% Traditional cash on cash: 1.59% Airbnb Rental Income: $2133 Traditional Rental Income: $3880 Airbnb ROI: -0.47% Traditional ROI: 1.59%
290 Utopia Cir Merritt Island, FL Enjoy spectacular rocket launches and serene Banana River views from this beautifully land...	4 beds \| 3 baths \| 2,997 sq.ft.	$1,150,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 1.64% Airbnb Rental Income: $2133 Traditional Rental Income: $3474 Airbnb ROI: -0.12% Traditional ROI: 1.64%
700 Milford Point Dr 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: -0.54% Traditional cash on cash: 1.21% Airbnb Rental Income: $2332 Traditional Rental Income: $5495 Airbnb ROI: -0.54% Traditional ROI: 1.21%
1220 Rebecca Dr Merritt Island, FL **Gorgeous, Elegant & Spacious best describe this Luxuriously-Appointed 4 Bedrm S Merritt ...	4 beds \| 2 baths \| 3,341 sq.ft.	$770,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 2.84% Airbnb Rental Income: $2133 Traditional Rental Income: $3370 Airbnb ROI: 0.36% Traditional ROI: 2.84%
1505 Eddy St Merritt Island, FL Discover the perfect blend of comfort and convenience in this charming single-family home,...	3 beds \| 2 baths \| 1,425 sq.ft.	$369,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 4.52% Airbnb Rental Income: $1761 Traditional Rental Income: $2238 Airbnb ROI: 1.74% Traditional ROI: 4.52%
4774 Navaho Trl Merritt Island, FL Indian Bay is arguably one of Merritt Island's best neighborhoods, and 4774 Navaho Trl. wi...	3 beds \| 2 baths \| 2,871 sq.ft.	$625,000	Airbnb cash on cash: 0% Traditional cash on cash: 3% Airbnb Rental Income: $1761 Traditional Rental Income: $3098 Airbnb ROI: 0% Traditional ROI: 3%
1710 Westport Rd Merritt Island, FL Enjoy breathtaking sunrises and long-range water views! Navigable deep water direct to the...	5 beds \| 3 baths \| 2,850 sq.ft.	$888,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 2.84% Airbnb Rental Income: $2332 Traditional Rental Income: $3964 Airbnb ROI: 0.33% Traditional ROI: 2.84%
340 Schoolhouse Ln Merritt Island, FL Merritt Island opportunity with location curb appeal and strong potential. This two bedroo...	2 beds \| 1 baths \| 1,088 sq.ft.	$153,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 10.15% Airbnb Rental Income: $786 Traditional Rental Income: $1808 Airbnb ROI: 0.98% Traditional ROI: 10.15%

Your search for investment property begins and ends here

Single Family Homes for Sale in Merritt Island, FL

1740 Canal Court

Merritt Island, FL

3 beds | 2 baths | 1,652 sq.ft.

$499,000

Airbnb cash on cash: 1.03%

Traditional cash on cash: 4.31%

Airbnb Rental Income: $1761

Traditional Rental Income: $2812

Airbnb ROI: 1.03%

Traditional ROI: 4.31%

140 Brandy Lane

Merritt Island, FL

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%

4835 Hebron Drive

Merritt Island, FL

4 beds | 3 baths | 3,044 sq.ft.

$799,000

Airbnb cash on cash: -0.05%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $2133

Traditional Rental Income: $3069

Airbnb ROI: -0.05%

Traditional ROI: 1.94%

1585 Anchor Lane

Merritt Island, FL

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%

1445 Sunrise Drive

Merritt Island, FL

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%

1390 Island Drive

Merritt Island, FL

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%

390 Wainai Dr

Merritt Island, FL

4 beds | 2 baths | 2,660 sq.ft.

$1,495,000

Airbnb cash on cash: -0.31%

Traditional cash on cash: 0.93%

Airbnb Rental Income: $2133

Traditional Rental Income: $3305

Airbnb ROI: -0.31%

Traditional ROI: 0.93%

113 Las Palmas

Merritt Island, FL

4 beds | 2 baths | 1,907 sq.ft.

$549,000

Airbnb cash on cash: 1.01%

Traditional cash on cash: 4.45%

Airbnb Rental Income: $2133

Traditional Rental Income: $3355

Airbnb ROI: 1.01%