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 125 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.	$398,500	Airbnb cash on cash: 1.41% Traditional cash on cash: 3.87% Airbnb Rental Income: $1761 Traditional Rental Income: $2199 Airbnb ROI: 1.41% Traditional ROI: 3.87%
2049 Sykes Creek Drive Merritt Island, FL **WOW, You Want an Exclusive Waterfront Neighborhood w/a 4 Bedroom/3Bath/3CAR Garage LUXUR...	4 beds \| 3 baths \| 2,388 sq.ft.	$1,099,900	Airbnb cash on cash: -0.23% Traditional cash on cash: 1.82% Airbnb Rental Income: $2133 Traditional Rental Income: $3684 Airbnb ROI: -0.23% Traditional ROI: 1.82%
455 Riverside Avenue Merritt Island, FL Nestled in the heart of Merritt Island, this home effortlessly blends convenience, charm, ...	3 beds \| 3 baths \| 1,932 sq.ft.	$350,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 7.32% Airbnb Rental Income: $1761 Traditional Rental Income: $2920 Airbnb ROI: 2.32% Traditional ROI: 7.32%
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.	$290,500	Airbnb cash on cash: -0.81% Traditional cash on cash: 5.41% Airbnb Rental Income: $786 Traditional Rental Income: $2167 Airbnb ROI: -0.81% Traditional ROI: 5.41%
472 Newfound Harbor Drive Merritt Island, FL Beautifully maintained 3 bed, 2 bath move-in ready home on sought after Newfound Harbor Dr...	3 beds \| 2 baths \| 1,512 sq.ft.	$339,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 4.43% Airbnb Rental Income: $1761 Traditional Rental Income: $2218 Airbnb ROI: 1.48% Traditional ROI: 4.43%
4297 Crooked Mile Road Merritt Island, FL Tucked on 2.86 acres with 118' of deep Intracoastal frontage, this private Merritt Island ...	5 beds \| 5 baths \| 5,535 sq.ft.	$3,100,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 0.98% Airbnb Rental Income: $2332 Traditional Rental Income: $7461 Airbnb ROI: -1.01% Traditional ROI: 0.98%
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.	$845,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 2.16% Airbnb Rental Income: $2133 Traditional Rental Income: $3485 Airbnb ROI: -0.25% Traditional ROI: 2.16%
480 N Banana River Drive Merritt Island, FL Remodeled move-in ready 3 bed, 2 bath home with a 2-car garage and an oversized driveway. ...	3 beds \| 2 baths \| 1,721 sq.ft.	$367,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 4.93% Airbnb Rental Income: $1761 Traditional Rental Income: $2357 Airbnb ROI: 1.8% Traditional ROI: 4.93%
240 RIVERSIDE AVENUE Merritt Island, FL Waterfront Paradise! Located on a deep, navigable canal to Sykes Creek, this immaculate co...	4 beds \| 3 baths \| 1,926 sq.ft.	$518,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 6.36% Airbnb Rental Income: $2133 Traditional Rental Income: $3710 Airbnb ROI: 1.98% Traditional ROI: 6.36%
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.	$524,900	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%
1040 CARRIGAN BOULEVARD Merritt Island, FL LOCATION! LOCATION! LOCATION! Welcome to 1040 Carrigan Blvd where every day feels like you...	4 beds \| 3 baths \| 2,226 sq.ft.	$699,990	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.08% Airbnb Rental Income: $2133 Traditional Rental Income: $3859 Airbnb ROI: 0.6% Traditional ROI: 4.08%
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: -0.18% Traditional cash on cash: 1.89% Airbnb Rental Income: $2133 Traditional Rental Income: $3318 Airbnb ROI: -0.18% Traditional ROI: 1.89%
255 Birch Avenue 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%
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.	$289,900	Airbnb cash on cash: 2.31% Traditional cash on cash: 6.2% Airbnb Rental Income: $1761 Traditional Rental Income: $2342 Airbnb ROI: 2.31% Traditional ROI: 6.2%
270 Oahu Drive Merritt Island, FL Price Adjustment Schedule a showing of this charming 3-bedroom, 2-bathroom home is sit...	3 beds \| 2 baths \| 1,188 sq.ft.	$315,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 4.8% Airbnb Rental Income: $1761 Traditional Rental Income: $2025 Airbnb ROI: 2.29% Traditional ROI: 4.8%
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 \| 4 baths \| 2,634 sq.ft.	$1,449,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 1.4% Airbnb Rental Income: $1761 Traditional Rental Income: $3695 Airbnb ROI: -0.4% Traditional ROI: 1.4%
1665 SEA SHELL DRIVE Merritt Island, FL Under contract-accepting backup offers. One or more photo(s) has been virtually staged. **...	3 beds \| 2 baths \| 2,136 sq.ft.	$595,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 3.31% Airbnb Rental Income: $1761 Traditional Rental Income: $3033 Airbnb ROI: 0.15% Traditional ROI: 3.31%
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.	$319,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 3.63% Airbnb Rental Income: $1761 Traditional Rental Income: $2205 Airbnb ROI: 0.55% Traditional ROI: 3.63%
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.	$2,000,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 0.2% Airbnb Rental Income: $2133 Traditional Rental Income: $3552 Airbnb ROI: -0.86% Traditional ROI: 0.2%
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: -0.89% Traditional cash on cash: 0.72% Airbnb Rental Income: $2133 Traditional Rental Income: $5332 Airbnb ROI: -0.89% 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 \| 6 baths \| 4,906 sq.ft.	$6,495,000	Airbnb cash on cash: -1.31% Traditional cash on cash: -0.42% Airbnb Rental Income: $2332 Traditional Rental Income: $7087 Airbnb ROI: -1.31% Traditional ROI: -0.42%
3465 Sunset Ridge Drive Merritt Island, FL This home is located on a beautiful 18-hole course with a friendly clubhouse that serves f...	4 beds \| 2 baths \| 2,258 sq.ft.	$599,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 2.13% Airbnb Rental Income: $2133 Traditional Rental Income: $2470 Airbnb ROI: 0.55% Traditional ROI: 2.13%
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.	$500,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 4.07% Airbnb Rental Income: $2133 Traditional Rental Income: $2763 Airbnb ROI: 1.56% Traditional ROI: 4.07%
280 Andros Drive Merritt Island, FL Back Up Offers Being Accepted. Minutes to the BEACH! NO HOA + pool + boat/RV parking! This...	4 beds \| 2 baths \| 2,376 sq.ft.	$419,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 6.15% Airbnb Rental Income: $2133 Traditional Rental Income: $3236 Airbnb ROI: 1.96% Traditional ROI: 6.15%
4385 Stillwaters Drive Merritt Island, FL Assumable 2.375% VA $750,000 Mortgage . Tucked away on a full acre in the exclusive Still ...	4 beds \| 4 baths \| 4,526 sq.ft.	$1,000,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 3.05% Airbnb Rental Income: $2133 Traditional Rental Income: $4862 Airbnb ROI: -0.47% 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: 0.99% Traditional cash on cash: 3.13% Airbnb Rental Income: $2133 Traditional Rental Income: $2982 Airbnb ROI: 0.99% Traditional ROI: 3.13%
1523 STAFFORD AVENUE Merritt Island, FL WOW - PRICE IMPROVEMENT! Bring your boat and settle right into this well-maintained home i...	4 beds \| 3 baths \| 2,374 sq.ft.	$525,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 4.51% Airbnb Rental Income: $2133 Traditional Rental Income: $3133 Airbnb ROI: 1.37% Traditional ROI: 4.51%
1395 Floral Lane Merritt Island, FL 3 BEDROOM 2 BATH POOL HOME WITH HUGE OUTDOOR ENTERTAINING SPACE AND NO HOA! The fully reno...	3 beds \| 2 baths \| 1,244 sq.ft.	$379,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 4.31% Airbnb Rental Income: $1761 Traditional Rental Income: $2284 Airbnb ROI: 1.49% 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 \| 2 baths \| 3,030 sq.ft.	$760,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 1.5% Airbnb Rental Income: $2133 Traditional Rental Income: $2576 Airbnb ROI: 0.11% Traditional ROI: 1.5%
1005 Old Parsonage Drive Merritt Island, FL Nestled in the desirable New Georgiana Settlement, this Merritt Island estate combines tim...	3 beds \| 2 baths \| 2,151 sq.ft.	$699,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.27% Airbnb Rental Income: $1761 Traditional Rental Income: $2680 Airbnb ROI: 0.12% Traditional ROI: 2.27%
130 Moore Avenue 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.	$295,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 4.41% Airbnb Rental Income: $1761 Traditional Rental Income: $1843 Airbnb ROI: 2.38% Traditional ROI: 4.41%
300 Enola Place Merritt Island, FL (( RARE OPPORTUNITY - UNIQUE WATER PROPERTY )) MAGNIFICENT ''ONE OF A KIND'' ''KEY WEST ST...	3 beds \| 2 baths \| 1,933 sq.ft.	$649,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 2.7% Airbnb Rental Income: $1761 Traditional Rental Income: $2673 Airbnb ROI: 0.4% Traditional ROI: 2.7%
1675 Vega Avenue Merritt Island, FL Currently the LOWEST priced waterfront home in coveted DIana Shores!! GORGEOUS WATER FRONT...	4 beds \| 2 baths \| 1,616 sq.ft.	$569,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 2.97% Airbnb Rental Income: $2133 Traditional Rental Income: $2733 Airbnb ROI: 0.82% Traditional ROI: 2.97%
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.	$315,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 4.25% Airbnb Rental Income: $1761 Traditional Rental Income: $1995 Airbnb ROI: 1.83% Traditional ROI: 4.25%
1220 Robin Drive 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.	$239,900	Airbnb cash on cash: 3.21% Traditional cash on cash: 6.19% Airbnb Rental Income: $1761 Traditional Rental Income: $1953 Airbnb ROI: 3.21% Traditional ROI: 6.19%
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.	$575,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.21% Airbnb Rental Income: $2133 Traditional Rental Income: $3355 Airbnb ROI: 0.92% Traditional ROI: 4.21%
1617 Sun Pointe Place Merritt Island, FL Direct river access. 3 car garage Home located on .35 acre, close to area of new custom ho...	5 beds \| 4 baths \| 2,967 sq.ft.	$1,050,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 2.09% Airbnb Rental Income: $2332 Traditional Rental Income: $3516 Airbnb ROI: 0.28% Traditional ROI: 2.09%
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.	$690,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 2.14% Airbnb Rental Income: $2133 Traditional Rental Income: $2827 Airbnb ROI: 0.22% Traditional ROI: 2.14%
904 Westwood Drive Merritt Island, FL REDUCED! Affordable and Move-in ready Merritt Island gem! This beautifully maintained home...	3 beds \| 2 baths \| 1,008 sq.ft.	$287,500	Airbnb cash on cash: 3.15% Traditional cash on cash: 5.88% Airbnb Rental Income: $1761 Traditional Rental Income: $2016 Airbnb ROI: 3.15% Traditional ROI: 5.88%
322 3rd Street 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.	$302,500	Airbnb cash on cash: 3.26% Traditional cash on cash: 6.61% Airbnb Rental Income: $2133 Traditional Rental Income: $2543 Airbnb ROI: 3.26% Traditional ROI: 6.61%

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.

$398,500

Airbnb cash on cash: 1.41%

Traditional cash on cash: 3.87%

Airbnb Rental Income: $1761

Traditional Rental Income: $2199

Airbnb ROI: 1.41%

Traditional ROI: 3.87%

2049 Sykes Creek Drive

Merritt Island, FL

4 beds | 3 baths | 2,388 sq.ft.

$1,099,900

Airbnb cash on cash: -0.23%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $2133

Traditional Rental Income: $3684

Airbnb ROI: -0.23%

Traditional ROI: 1.82%

455 Riverside Avenue

Merritt Island, FL

3 beds | 3 baths | 1,932 sq.ft.

$350,000

Airbnb cash on cash: 2.32%

Traditional cash on cash: 7.32%

Airbnb Rental Income: $1761

Traditional Rental Income: $2920

Airbnb ROI: 2.32%

Traditional ROI: 7.32%

450 Patrick Avenue

Merritt Island, FL

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

$290,500

Airbnb cash on cash: -0.81%

Traditional cash on cash: 5.41%

Airbnb Rental Income: $786

Traditional Rental Income: $2167

Airbnb ROI: -0.81%

Traditional ROI: 5.41%

472 Newfound Harbor Drive

Merritt Island, FL

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

$339,000

Airbnb cash on cash: 1.48%

Traditional cash on cash: 4.43%

Airbnb Rental Income: $1761

Traditional Rental Income: $2218

Airbnb ROI: 1.48%

Traditional ROI: 4.43%

4297 Crooked Mile Road

Merritt Island, FL

5 beds | 5 baths | 5,535 sq.ft.

$3,100,000

Airbnb cash on cash: -1.01%

Traditional cash on cash: 0.98%

Airbnb Rental Income: $2332

Traditional Rental Income: $7461

Airbnb ROI: -1.01%

Traditional ROI: 0.98%

1620 Yount Drive

Merritt Island, FL

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

$845,000

Airbnb cash on cash: -0.25%

Traditional cash on cash: 2.16%

Airbnb Rental Income: $2133

Traditional Rental Income: $3485

Airbnb ROI: -0.25%

Traditional ROI: 2.16%

480 N Banana River Drive

Merritt Island, FL

3 beds | 2 baths | 1,721 sq.ft.

$367,000

Airbnb cash on cash: 1.8%

Traditional cash on cash: 4.93%

Airbnb Rental Income: $1761

Traditional Rental Income: $2357

Airbnb ROI: 1.8%