Real Estate Investments for Sale in Merritt Island, FL With High ROI

Are you looking for a vacation rental in Merritt Island, FL? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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 96 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
1085 Audubon Road Merritt Island, FL Located on Mallard Canal off of Sykes Creek, this property is a waterfront sanctuary offe...	3 beds \| 2 baths \| 2,293 sq.ft.	$810,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 1.97% Airbnb Rental Income: $2068 Traditional Rental Income: $2957 Airbnb ROI: 0.08% Traditional ROI: 1.97%
295 Spruce Avenue Merritt Island, FL Welcome to your own slice of paradise nestled in the heart of Merritt Island! Step into lu...	3 beds \| 2 baths \| 1,514 sq.ft.	$439,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 3.58% Airbnb Rental Income: $2068 Traditional Rental Income: $2361 Airbnb ROI: 1.57% Traditional ROI: 3.58%
490 MILFORD POINT DRIVE Merritt Island, FL Welcome to the Florida lifestyle of your dreams. This riverfront beauty has it's own dock ...	4 beds \| 4 baths \| 3,676 sq.ft.	$1,590,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 0.59% Airbnb Rental Income: $7521 Traditional Rental Income: $3668 Airbnb ROI: 2.22% Traditional ROI: 0.59%
225 Sykes Point Lane Merritt Island, FL Experience luxurious waterfront living in the prestigious Villas de Palmas community in Sy...	3 beds \| 2 baths \| 2,720 sq.ft.	$1,100,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 0.8% Airbnb Rental Income: $2068 Traditional Rental Income: $3041 Airbnb ROI: -0.68% Traditional ROI: 0.8%
1430 Holiday Boulevard Merritt Island, FL This adorable 3 bed, 2 bath Pool home overlooks navigable canal directly off the Banana Ri...	3 beds \| 2 baths \| 1,886 sq.ft.	$619,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.9% Airbnb Rental Income: $2068 Traditional Rental Income: $2712 Airbnb ROI: 0.86% Traditional ROI: 2.9%
1135 AUDUBON ROAD Merritt Island, FL Welcome to your dream waterfront paradise! This exquisitely renovated 4-bedroom, 2-bathroo...	4 beds \| 2 baths \| 1,579 sq.ft.	$729,900	Airbnb cash on cash: 6.43% Traditional cash on cash: 2.2% Airbnb Rental Income: $6852 Traditional Rental Income: $2641 Airbnb ROI: 6.43% Traditional ROI: 2.2%
1772 Bayside Street Merritt Island, FL Premier double waterfront residence in a highly desirable location. Approx.100 feet of Ban...	4 beds \| 3 baths \| 3,140 sq.ft.	$1,500,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 0.62% Airbnb Rental Income: $7521 Traditional Rental Income: $3074 Airbnb ROI: 2.78% Traditional ROI: 0.62%
1420 Hannah Drive Merritt Island, FL Income producing! Had been an Airbnb that was always booked! Incredible waterfront home. ...	3 beds \| 2 baths \| 1,372 sq.ft.	$629,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 2.07% Airbnb Rental Income: $2068 Traditional Rental Income: $2303 Airbnb ROI: 0.76% Traditional ROI: 2.07%
3 Grande Avenue Merritt Island, FL Welcome to 3 Grande Ave! This is a meticulously maintained, one owner lived-in home in the...	4 beds \| 3 baths \| 2,858 sq.ft.	$1,795,000	Airbnb cash on cash: 2.35% Traditional cash on cash: 0.66% Airbnb Rental Income: $7487 Traditional Rental Income: $3227 Airbnb ROI: 2.35% Traditional ROI: 0.66%
3807 Sunbeam Court Merritt Island, FL BRING ALL OFFERS! Welcome to Sunset Lakes and this beautiful property on an oversized corn...	3 beds \| 2 baths \| 1,624 sq.ft.	$469,999	Airbnb cash on cash: 1.6% Traditional cash on cash: 3.73% Airbnb Rental Income: $2068 Traditional Rental Income: $2473 Airbnb ROI: 1.6% Traditional ROI: 3.73%
1485 Martin Boulevard Merritt Island, FL Lovely Merritt Island home with lots of NEW! Walking distance to the Banana River and publ...	3 beds \| 2 baths \| 1,526 sq.ft.	$399,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 4.43% Airbnb Rental Income: $2068 Traditional Rental Income: $2474 Airbnb ROI: 1.92% Traditional ROI: 4.43%
7021 S Tropical Trail Merritt Island, FL Exquisite Gated Riverfront Haven: Timeless Elegance Meets Waterfront Luxury on 5 Acres! St...	5 beds \| 3 baths \| 4,089 sq.ft.	$3,890,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.46% Airbnb Rental Income: $null Traditional Rental Income: $3320 Airbnb ROI: N/A Traditional ROI: -0.46%
425 Captain Blyth Place Merritt Island, FL This exquisite neighborhood and the residence boasts three bedrooms and two bathrooms, nes...	3 beds \| 2 baths \| 2,031 sq.ft.	$470,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 4.49% Airbnb Rental Income: $2068 Traditional Rental Income: $2782 Airbnb ROI: 1.66% Traditional ROI: 4.49%
795 Pine Place Merritt Island, FL Seize The Chance To Own This Spacious 4-Bed, 3-Bath Haven Boasting An Expansive Pool & Spa...	4 beds \| 3 baths \| 3,016 sq.ft.	$624,900	Airbnb cash on cash: 8.15% Traditional cash on cash: 3.66% Airbnb Rental Income: $7521 Traditional Rental Income: $3463 Airbnb ROI: 8.15% Traditional ROI: 3.66%
1385 W Central Avenue Merritt Island, FL Reasonable offers will not be refused! The solar system is not a lease, its paid in full....	4 beds \| 2 baths \| 1,820 sq.ft.	$649,990	Airbnb cash on cash: 8.28% Traditional cash on cash: 2.81% Airbnb Rental Income: $7521 Traditional Rental Income: $2758 Airbnb ROI: 8.28% Traditional ROI: 2.81%
502 Kennwood Avenue Merritt Island, FL PRICE REDUCED Explore the allure of this charming 3-bed, 1-bath pool home in sought-after...	3 beds \| 1 baths \| 1,120 sq.ft.	$299,950	Airbnb cash on cash: 3.36% Traditional cash on cash: 5.1% Airbnb Rental Income: $2068 Traditional Rental Income: $2026 Airbnb ROI: 3.36% Traditional ROI: 5.1%
210 Brandy Lane Merritt Island, FL Discover your slice of paradise with this charming 3-bedroom, 2-bathroom home, nestled in ...	3 beds \| 2 baths \| 1,409 sq.ft.	$298,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 5.85% Airbnb Rental Income: $2068 Traditional Rental Income: $2301 Airbnb ROI: 3.12% Traditional ROI: 5.85%
4612 Shannock Avenue Merritt Island, FL Why wait for new when you can move right into this home that has it all! 5 Bedrooms 4 full...	5 beds \| 4 baths \| 3,590 sq.ft.	$680,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.38% Airbnb Rental Income: $null Traditional Rental Income: $4293 Airbnb ROI: N/A Traditional ROI: 5.38%
3063 Nina Court Merritt Island, FL Gorgeous 4 bedroom, 2 bathroom POOL HOME. Inside you will find a wonderfully open floor pl...	4 beds \| 2 baths \| 2,282 sq.ft.	$590,000	Airbnb cash on cash: 7.94% Traditional cash on cash: 3.18% Airbnb Rental Income: $6852 Traditional Rental Income: $2900 Airbnb ROI: 7.94% Traditional ROI: 3.18%
3814 Sunward Drive Merritt Island, FL Enjoy Living the Florida Lifestyle in the Desirable Sunset Lakes GATED Community in North ...	4 beds \| 2 baths \| 1,852 sq.ft.	$535,000	Airbnb cash on cash: 8.71% Traditional cash on cash: 3.63% Airbnb Rental Income: $6852 Traditional Rental Income: $2983 Airbnb ROI: 8.71% Traditional ROI: 3.63%
410 Caracas Drive Merritt Island, FL SELLER OFFERING UP TO $10,0000 TOWARD INTEREST RATE BUYDOWN!!! Welcome to Paradise; Escape...	3 beds \| 2 baths \| 1,916 sq.ft.	$749,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 1.82% Airbnb Rental Income: $2068 Traditional Rental Income: $2614 Airbnb ROI: 0.28% Traditional ROI: 1.82%
5265 Ambrosia Lane Merritt Island, FL Welcome to your dream family retreat at 5265 Ambrosia Ln, nestled in the peaceful gated co...	4 beds \| 3 baths \| 2,495 sq.ft.	$625,000	Airbnb cash on cash: 7.41% Traditional cash on cash: 3.92% Airbnb Rental Income: $6852 Traditional Rental Income: $3487 Airbnb ROI: 7.41% Traditional ROI: 3.92%
2230 S COURTENAY PARKWAY Merritt Island, FL Living in Florida offers an extraordinary experience with year-round sunshine, pristine be...	4 beds \| 3 baths \| 2,364 sq.ft.	$740,000	Airbnb cash on cash: 6.78% Traditional cash on cash: 3.59% Airbnb Rental Income: $7521 Traditional Rental Income: $3878 Airbnb ROI: 6.78% Traditional ROI: 3.59%
1400 Trout Street Merritt Island, FL Beautiful split floor plan POOL home in Surfside Estates. Updated kitchen, Roof 2016, Sola...	3 beds \| 2 baths \| 1,320 sq.ft.	$420,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 3.51% Airbnb Rental Income: $2068 Traditional Rental Income: $2213 Airbnb ROI: 1.78% Traditional ROI: 3.51%
3950 Wild Pine Lane Merritt Island, FL Experience the perfect blend of privacy and elegance in this beautiful South Merritt Islan...	4 beds \| 3 baths \| 2,340 sq.ft.	$599,000	Airbnb cash on cash: 8.99% Traditional cash on cash: 4.48% Airbnb Rental Income: $7521 Traditional Rental Income: $3555 Airbnb ROI: 8.99% Traditional ROI: 4.48%
2563 Glenridge Circle Merritt Island, FL Poured concrete walls and 1 year old roof located in the desired community of Palmetto. O...	3 beds \| 2 baths \| 1,777 sq.ft.	$415,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 5.02% Airbnb Rental Income: $2068 Traditional Rental Income: $2722 Airbnb ROI: 1.96% Traditional ROI: 5.02%
1850 Abbeyridge Drive Merritt Island, FL Gorgeous updated home in desirable neighborhood of Copperfield. Close proximity to shoppin...	3 beds \| 2 baths \| 1,792 sq.ft.	$439,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 4.21% Airbnb Rental Income: $2068 Traditional Rental Income: $2537 Airbnb ROI: 1.77% Traditional ROI: 4.21%
1370 EDDY STREET Merritt Island, FL Beautiful Merritt Island with many public docs with access to the river, lovely natural vi...	3 beds \| 2 baths \| 1,536 sq.ft.	$450,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 4.24% Airbnb Rental Income: $2068 Traditional Rental Income: $2435 Airbnb ROI: 2.11% Traditional ROI: 4.24%
2605 S Courtenay Parkway Merritt Island, FL PRICE IMPROVEMENT! Better than new! Step into this luxurious custom built home with 14 ft....	3 beds \| 2 baths \| 1,991 sq.ft.	$595,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 3.13% Airbnb Rental Income: $2068 Traditional Rental Income: $2855 Airbnb ROI: 0.75% Traditional ROI: 3.13%
9400 S Tropical Trail Merritt Island, FL Value is in the LAND. River to River! One of the last Large River-to-River estate proper...	3 beds \| 2 baths \| 2,609 sq.ft.	$1,850,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 0.19% Airbnb Rental Income: $2068 Traditional Rental Income: $2968 Airbnb ROI: -0.65% Traditional ROI: 0.19%
1350 N Tropical Trail Merritt Island, FL Recently zoned to RESIDENTIAL but can be easily converted back to COMMERCIAL (it was a chu...	N/A beds \| 2 baths \| 6,132 sq.ft.	$450,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 1.58% Airbnb Rental Income: $2937 Traditional Rental Income: $1265 Airbnb ROI: 3.94% Traditional ROI: 1.58%
207 N. Plumosa St Merritt Island, FL Location, Location, Location! Central Merritt Island home with so many possibilities. Curr...	3 beds \| 2 baths \| 1,515 sq.ft.	$299,900	Airbnb cash on cash: 3.18% Traditional cash on cash: 6.12% Airbnb Rental Income: $2068 Traditional Rental Income: $2364 Airbnb ROI: 3.18% Traditional ROI: 6.12%
863 Killarney Court Merritt Island, FL This beautiful home is located in Sunset Lakes, a gated community, offering both security ...	3 beds \| 2 baths \| 1,902 sq.ft.	$474,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 3.95% Airbnb Rental Income: $2068 Traditional Rental Income: $2640 Airbnb ROI: 1.46% Traditional ROI: 3.95%
330 Surf Spray Drive Merritt Island, FL Incredible views of Sykes Creek on one of the widest canal home properties in Merritt Isla...	3 beds \| 2 baths \| 1,188 sq.ft.	$690,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 1.58% Airbnb Rental Income: $2068 Traditional Rental Income: $2153 Airbnb ROI: 0.62% Traditional ROI: 1.58%
135 Sea Breeze Circle Merritt Island, FL Welcome home. This tucked-away home is in the much desired neighborhood Villa De Palmas, j...	3 beds \| 2 baths \| 1,435 sq.ft.	$385,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 4.62% Airbnb Rental Income: $2068 Traditional Rental Income: $2268 Airbnb ROI: 2.59% Traditional ROI: 4.62%
10 Stockton Drive Merritt Island, FL Spectacular 5 bed 4.5 bath residence with the view & access to both Indian River & Banana ...	5 beds \| 4 baths \| 5,031 sq.ft.	$1,499,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.16% Airbnb Rental Income: $null Traditional Rental Income: $4256 Airbnb ROI: N/A Traditional ROI: 1.16%
460 Cheyenne Trail Merritt Island, FL Your Dream Lakefront Home Awaits in Indian Bay Estates! Seize the opportunity to own a sli...	3 beds \| 3 baths \| 2,550 sq.ft.	$669,900	Airbnb cash on cash: 0.81% Traditional cash on cash: 3.47% Airbnb Rental Income: $2068 Traditional Rental Income: $3198 Airbnb ROI: 0.81% Traditional ROI: 3.47%
10210 S Tropical Trail Merritt Island, FL Price Improvement! Tranquil Oasis on S Tropical Trail. Nestled along the picturesque S Tro...	5 beds \| 5 baths \| 4,691 sq.ft.	$4,500,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.14% Airbnb Rental Income: $null Traditional Rental Income: $5510 Airbnb ROI: N/A Traditional ROI: -0.14%
780 Sandgate Street Merritt Island, FL INVESTOR ALERT!!!! TENANT OCCUPIED, ON MONTH TO MONTH BASIS! Lots of potential in this 3 b...	3 beds \| 2 baths \| 1,320 sq.ft.	$265,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 6.34% Airbnb Rental Income: $2068 Traditional Rental Income: $2162 Airbnb ROI: 3.83% Traditional ROI: 6.34%
1400 Holiday Boulevard Merritt Island, FL This renovated waterfront pool home is a fantastic property with many updated features and...	4 beds \| 2 baths \| 1,708 sq.ft.	$669,000	Airbnb cash on cash: 7.86% Traditional cash on cash: 2.39% Airbnb Rental Income: $7521 Traditional Rental Income: $2664 Airbnb ROI: 7.86% Traditional ROI: 2.39%

Your search for investment property begins and ends here

Single Family Homes for Sale in Merritt Island, FL

1085 Audubon Road

Merritt Island, FL

3 beds | 2 baths | 2,293 sq.ft.

$810,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: 1.97%

Airbnb Rental Income: $2068

Traditional Rental Income: $2957

Airbnb ROI: 0.08%

Traditional ROI: 1.97%

295 Spruce Avenue

Merritt Island, FL

3 beds | 2 baths | 1,514 sq.ft.

$439,000

Airbnb cash on cash: 1.57%

Traditional cash on cash: 3.58%

Airbnb Rental Income: $2068

Traditional Rental Income: $2361

Airbnb ROI: 1.57%

Traditional ROI: 3.58%

490 MILFORD POINT DRIVE

Merritt Island, FL

4 beds | 4 baths | 3,676 sq.ft.

$1,590,000

Airbnb cash on cash: 2.22%

Traditional cash on cash: 0.59%

Airbnb Rental Income: $7521

Traditional Rental Income: $3668

Airbnb ROI: 2.22%

Traditional ROI: 0.59%

225 Sykes Point Lane

Merritt Island, FL

3 beds | 2 baths | 2,720 sq.ft.

$1,100,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: 0.8%

Airbnb Rental Income: $2068

Traditional Rental Income: $3041

Airbnb ROI: -0.68%

Traditional ROI: 0.8%

1430 Holiday Boulevard

Merritt Island, FL

3 beds | 2 baths | 1,886 sq.ft.

$619,000

Airbnb cash on cash: 0.86%

Traditional cash on cash: 2.9%

Airbnb Rental Income: $2068

Traditional Rental Income: $2712

Airbnb ROI: 0.86%

Traditional ROI: 2.9%

1135 AUDUBON ROAD

Merritt Island, FL

4 beds | 2 baths | 1,579 sq.ft.

$729,900

Airbnb cash on cash: 6.43%

Traditional cash on cash: 2.2%

Airbnb Rental Income: $6852

Traditional Rental Income: $2641

Airbnb ROI: 6.43%

Traditional ROI: 2.2%

1772 Bayside Street

Merritt Island, FL

4 beds | 3 baths | 3,140 sq.ft.

$1,500,000

Airbnb cash on cash: 2.78%

Traditional cash on cash: 0.62%

Airbnb Rental Income: $7521

Traditional Rental Income: $3074

Airbnb ROI: 2.78%

Traditional ROI: 0.62%

1420 Hannah Drive

Merritt Island, FL

3 beds | 2 baths | 1,372 sq.ft.

$629,900

Airbnb cash on cash: 0.76%

Traditional cash on cash: 2.07%

Airbnb Rental Income: $2068

Traditional Rental Income: $2303

Airbnb ROI: 0.76%