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 130 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
255 Viscount Avenue Merritt Island, FL Welcome to this beautifully maintained 3-bedroom, 2-bathroom, 2-car garage home, thoughtfu...	3 beds \| 2 baths \| 1,448 sq.ft.	$409,000	Airbnb cash on cash: 6% Traditional cash on cash: 3.75% Airbnb Rental Income: $3901 Traditional Rental Income: $2199 Airbnb ROI: 6% Traditional ROI: 3.75%
2942 Heritage Circle Merritt Island, FL NEW ROOF 2018 â¢ BRAND NEW AC 8/2025 â¢ IMPACT GLASS Discover your peaceful Florida ret...	4 beds \| 2 baths \| 2,574 sq.ft.	$629,900	Airbnb cash on cash: 2.59% Traditional cash on cash: 2.16% Airbnb Rental Income: $3817 Traditional Rental Income: $2738 Airbnb ROI: 2.59% Traditional ROI: 2.16%
105 Richland Avenue Merritt Island, FL Live the ultimate Florida lifestyle in this coastal 3-bedroom, 2-bath split-level home o...	3 beds \| 2 baths \| 1,512 sq.ft.	$515,000	Airbnb cash on cash: 4.56% Traditional cash on cash: 3.76% Airbnb Rental Income: $3901 Traditional Rental Income: $2675 Airbnb ROI: 4.56% Traditional ROI: 3.76%
1740 Fowler Drive Merritt Island, FL PRICE ADJUSTMENT - MOTIVATED SELLER NEEDS TO SELL QUICKLY. WILL ENETERTAIN ALL OFFERS - CU...	4 beds \| 2 baths \| 2,300 sq.ft.	$720,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 2.49% Airbnb Rental Income: $3817 Traditional Rental Income: $2502 Airbnb ROI: 3.22% Traditional ROI: 2.49%
450 Patrick Avenue Merritt Island, FL Desirable 2 bedrooms/ 2 bathrooms single family home in central Merritt Island. This home ...	2 beds \| 2 baths \| 1,341 sq.ft.	$299,500	Airbnb cash on cash: 4.34% Traditional cash on cash: 5.22% Airbnb Rental Income: $2528 Traditional Rental Income: $2167 Airbnb ROI: 4.34% Traditional ROI: 5.22%
2578 Long Sandy Circle Merritt Island, FL Suncastles pool home in the River Grove community of South Merritt Island. This home is lo...	4 beds \| 2 baths \| 2,447 sq.ft.	$660,000	Airbnb cash on cash: 2.98% Traditional cash on cash: 2.3% Airbnb Rental Income: $3817 Traditional Rental Income: $2572 Airbnb ROI: 2.98% Traditional ROI: 2.3%
1150 Old Parsonage Drive Merritt Island, FL Welcome to your dream home in the highly coveted New Georgiana Settlement of Merritt Islan...	4 beds \| 3 baths \| 2,915 sq.ft.	$720,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 2.97% Airbnb Rental Income: $3817 Traditional Rental Income: $3291 Airbnb ROI: 2.53% Traditional ROI: 2.97%
135 Richland Avenue Merritt Island, FL Beautiful Pool Home with Canal Access - Move-In Ready, Fully Furnished & Turnkey. Welco...	3 beds \| 2 baths \| 1,414 sq.ft.	$539,900	Airbnb cash on cash: 3.91% Traditional cash on cash: 2.91% Airbnb Rental Income: $3901 Traditional Rental Income: $2558 Airbnb ROI: 3.91% Traditional ROI: 2.91%
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.	$925,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 1.81% Airbnb Rental Income: $3817 Traditional Rental Income: $3318 Airbnb ROI: 1.43% Traditional ROI: 1.81%
320 Nelson Drive Merritt Island, FL Discover this charming 3-bedroom, 2-bath home in the highly sought-after Rosedale neighbor...	3 beds \| 2 baths \| 1,366 sq.ft.	$309,500	Airbnb cash on cash: 8.23% Traditional cash on cash: 5.75% Airbnb Rental Income: $3901 Traditional Rental Income: $2342 Airbnb ROI: 8.23% Traditional ROI: 5.75%
270 Oahu Drive Merritt Island, FL This charming 3-bedroom, 2-bathroom home is situated on a spacious 0.25-acre lot in the de...	3 beds \| 2 baths \| 1,188 sq.ft.	$325,000	Airbnb cash on cash: 8.02% Traditional cash on cash: 4.63% Airbnb Rental Income: $3901 Traditional Rental Income: $2025 Airbnb ROI: 8.02% Traditional ROI: 4.63%
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 \| 3 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.	$645,000	Airbnb cash on cash: 3.03% Traditional cash on cash: 2.98% Airbnb Rental Income: $3901 Traditional Rental Income: $3033 Airbnb ROI: 3.03% Traditional ROI: 2.98%
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%
2753 Glenridge Circle Merritt Island, FL Discover serene water views in this charming Merritt Island home featuring a private scree...	3 beds \| 2 baths \| 2,806 sq.ft.	$479,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 3.84% Airbnb Rental Income: $3901 Traditional Rental Income: $2769 Airbnb ROI: 4.49% Traditional ROI: 3.84%
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 \| 5 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.	$549,500	Airbnb cash on cash: 4.06% Traditional cash on cash: 3.62% Airbnb Rental Income: $3817 Traditional Rental Income: $2763 Airbnb ROI: 4.06% Traditional ROI: 3.62%
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.	$1,050,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 2.85% Airbnb Rental Income: $3817 Traditional Rental Income: $4862 Airbnb ROI: 0.94% Traditional ROI: 2.85%
5725 Joseph Court Merritt Island, FL Privacy, style, and serious acreageâthis stunning 2.55-acre retreat is the total package...	4 beds \| 2 baths \| 2,211 sq.ft.	$700,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 2.34% Airbnb Rental Income: $3817 Traditional Rental Income: $2776 Airbnb ROI: 2.67% Traditional ROI: 2.34%
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%
3495 SUNSET RIDGE DRIVE Merritt Island, FL Welcome to this beautifully maintained 3-bedroom, 2-bathroom home nestled in the sought-af...	3 beds \| 2 baths \| 2,202 sq.ft.	$559,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 2.32% Airbnb Rental Income: $3901 Traditional Rental Income: $2508 Airbnb ROI: 3.38% Traditional ROI: 2.32%
1465 Bishop Road Merritt Island, FL 2.5-acre North Merritt Island property. This 4-bedroom home features 3 renovated bathrooms...	4 beds \| 3 baths \| 2,324 sq.ft.	$634,900	Airbnb cash on cash: 2.88% Traditional cash on cash: 2.96% Airbnb Rental Income: $3817 Traditional Rental Income: $3036 Airbnb ROI: 2.88% Traditional ROI: 2.96%
475 S Banana River Drive Merritt Island, FL Welcome to your charming 3-bedroom Banana River cottage! Imagine sipping your morning coff...	3 beds \| 1 baths \| 792 sq.ft.	$299,000	Airbnb cash on cash: 9.28% Traditional cash on cash: 5.47% Airbnb Rental Income: $3901 Traditional Rental Income: $1991 Airbnb ROI: 9.28% Traditional ROI: 5.47%
1460 Cunningham Avenue Merritt Island, FL Opportunity is Knocking! Situated on the E Side of Merritt Island, This Wonderful Home is ...	4 beds \| 2 baths \| 1,530 sq.ft.	$299,000	Airbnb cash on cash: 9.01% Traditional cash on cash: 7.25% Airbnb Rental Income: $3817 Traditional Rental Income: $2496 Airbnb ROI: 9.01% Traditional ROI: 7.25%
1395 Floral Lane Merritt Island, FL Fall in love with this 3-bedroom, 2-bath pool home loaded with upgrades! This place is REA...	3 beds \| 2 baths \| 1,244 sq.ft.	$400,000	Airbnb cash on cash: 6.12% Traditional cash on cash: 4.05% Airbnb Rental Income: $3901 Traditional Rental Income: $2284 Airbnb ROI: 6.12% Traditional ROI: 4.05%
285 Le Jeune Drive Merritt Island, FL Mid-century cool meets modern luxury in this fully remodeled Merritt Island charmer! Built...	3 beds \| 2 baths \| 1,347 sq.ft.	$399,900	Airbnb cash on cash: 6.78% Traditional cash on cash: 4.67% Airbnb Rental Income: $3901 Traditional Rental Income: $2272 Airbnb ROI: 6.78% Traditional ROI: 4.67%
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.	$400,000	Airbnb cash on cash: 6.08% Traditional cash on cash: 4.59% Airbnb Rental Income: $3901 Traditional Rental Income: $2504 Airbnb ROI: 6.08% Traditional ROI: 4.59%
410 Caracas Drive Merritt Island, FL This remarkable waterfront home on Sykes Creek offers the perfect blend of comfort, style,...	3 beds \| 2 baths \| 1,916 sq.ft.	$600,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 2.51% Airbnb Rental Income: $3901 Traditional Rental Income: $2613 Airbnb ROI: 3.31% Traditional ROI: 2.51%
1425 Lester Court Merritt Island, FL Welcome to this 3/3 pool home in the heart of Merritt Island. This is a custom-built Farmh...	3 beds \| 3 baths \| 1,740 sq.ft.	$499,000	Airbnb cash on cash: 4.78% Traditional cash on cash: 3.32% Airbnb Rental Income: $3901 Traditional Rental Income: $2377 Airbnb ROI: 4.78% Traditional ROI: 3.32%
801 Grandview Drive Merritt Island, FL 72 hr. kick out clause. Incredible waterfront opportunityâ13 feet above sea level with N...	4 beds \| 3 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%
300 Enola Place Merritt Island, FL (( RARE OPPORTUNITY - UNIQUE WATER PROPERTY )) MAGNIFICENT ''ONE OF A KIND'' ''KEY WEST S...	3 beds \| 2 baths \| 1,933 sq.ft.	$665,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 2.61% Airbnb Rental Income: $3901 Traditional Rental Income: $2673 Airbnb ROI: 3.24% Traditional ROI: 2.61%
1675 Vega Avenue Merritt Island, FL SELLER IS WILLING TO OFFER CONCESSIONS FOR COSMETICS! Experience the ideal combination of ...	4 beds \| 2 baths \| 1,616 sq.ft.	$579,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 2.9% Airbnb Rental Income: $3817 Traditional Rental Income: $2733 Airbnb ROI: 3.38% Traditional ROI: 2.9%
350 Brentwood Court Merritt Island, FL MOTIVATED SELLERS! Bring all offers! Welcome home to this beautifully maintained 5-bedroom...	5 beds \| 3 baths \| 2,418 sq.ft.	$465,000	Airbnb cash on cash: 8.42% Traditional cash on cash: 6% Airbnb Rental Income: $5753 Traditional Rental Income: $3553 Airbnb ROI: 8.42% Traditional ROI: 6%
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.	$599,000	Airbnb cash on cash: 3.35% Traditional cash on cash: 4% Airbnb Rental Income: $3817 Traditional Rental Income: $3355 Airbnb ROI: 3.35% Traditional ROI: 4%
833 WOODBINE DRIVE Merritt Island, FL Stunning and fully updated pool home in the highly sought-after Bridgewater subdivision of...	4 beds \| 3 baths \| 2,637 sq.ft.	$719,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 2.67% Airbnb Rental Income: $3817 Traditional Rental Income: $3381 Airbnb ROI: 2.09% Traditional ROI: 2.67%
2230 S Courtenay Parkway Merritt Island, FL Exquisite updated 4 bedrooms, 3 bath pool home nestled in the Marsh Harbor community. Insi...	4 beds \| 3 baths \| 2,364 sq.ft.	$695,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 2.12% Airbnb Rental Income: $3817 Traditional Rental Income: $2827 Airbnb ROI: 2.38% Traditional ROI: 2.12%
4450 Hebron Drive Merritt Island, FL Motivated Seller*This is the very popular Harmony Model. Huge kitchen island with all ...	5 beds \| 3 baths \| 2,470 sq.ft.	$589,900	Airbnb cash on cash: 6.18% Traditional cash on cash: 3.95% Airbnb Rental Income: $5753 Traditional Rental Income: $3379 Airbnb ROI: 6.18% Traditional ROI: 3.95%
2025 Sykes Creek Drive 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.	$890,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 1.6% Airbnb Rental Income: $3817 Traditional Rental Income: $3033 Airbnb ROI: 1.55% Traditional ROI: 1.6%
1730 E Central Avenue Merritt Island, FL Step into luxury at 1730 E Central Ave on Merritt Island - a true gem that combines space,...	5 beds \| 2 baths \| 2,852 sq.ft.	$699,999	Airbnb cash on cash: 5.03% Traditional cash on cash: 2.88% Airbnb Rental Income: $5753 Traditional Rental Income: $3203 Airbnb ROI: 5.03% Traditional ROI: 2.88%

Your search for investment property begins and ends here

Single Family Homes for Sale in Merritt Island, FL

255 Viscount Avenue

Merritt Island, FL

3 beds | 2 baths | 1,448 sq.ft.

$409,000

Airbnb cash on cash: 6%

Traditional cash on cash: 3.75%

Airbnb Rental Income: $3901

Traditional Rental Income: $2199

Airbnb ROI: 6%

Traditional ROI: 3.75%

2942 Heritage Circle

Merritt Island, FL

4 beds | 2 baths | 2,574 sq.ft.

$629,900

Airbnb cash on cash: 2.59%

Traditional cash on cash: 2.16%

Airbnb Rental Income: $3817

Traditional Rental Income: $2738

Airbnb ROI: 2.59%

Traditional ROI: 2.16%

105 Richland Avenue

Merritt Island, FL

3 beds | 2 baths | 1,512 sq.ft.

$515,000

Airbnb cash on cash: 4.56%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $3901

Traditional Rental Income: $2675

Airbnb ROI: 4.56%

Traditional ROI: 3.76%

1740 Fowler Drive

Merritt Island, FL

4 beds | 2 baths | 2,300 sq.ft.

$720,000

Airbnb cash on cash: 3.22%

Traditional cash on cash: 2.49%

Airbnb Rental Income: $3817

Traditional Rental Income: $2502

Airbnb ROI: 3.22%

Traditional ROI: 2.49%

450 Patrick Avenue

Merritt Island, FL

2 beds | 2 baths | 1,341 sq.ft.

$299,500

Airbnb cash on cash: 4.34%

Traditional cash on cash: 5.22%

Airbnb Rental Income: $2528

Traditional Rental Income: $2167

Airbnb ROI: 4.34%

Traditional ROI: 5.22%

2578 Long Sandy Circle

Merritt Island, FL

4 beds | 2 baths | 2,447 sq.ft.

$660,000

Airbnb cash on cash: 2.98%

Traditional cash on cash: 2.3%

Airbnb Rental Income: $3817

Traditional Rental Income: $2572

Airbnb ROI: 2.98%

Traditional ROI: 2.3%

1150 Old Parsonage Drive

Merritt Island, FL

4 beds | 3 baths | 2,915 sq.ft.

$720,000

Airbnb cash on cash: 2.53%

Traditional cash on cash: 2.97%

Airbnb Rental Income: $3817

Traditional Rental Income: $3291

Airbnb ROI: 2.53%

Traditional ROI: 2.97%

135 Richland Avenue

Merritt Island, FL

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

$539,900

Airbnb cash on cash: 3.91%

Traditional cash on cash: 2.91%

Airbnb Rental Income: $3901

Traditional Rental Income: $2558

Airbnb ROI: 3.91%