Real Estate Investment Properties for Sale in Mary Esther, FL

Looking for investment property in Mary Esther, FL with high ROI ?

Explore a variety of short-term homes & houses in Mary Esther, FL. Invest wisely with VRBO & Mary Esther, FL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Townhouses for Sale in Mary Esther, FL

Search for Townhouses for Sale in Mary Esther, Florida. Browse all of Mashvisor’s Townhouses listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 96 Townhouses 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
466 Sara Avenue Mary Esther, FL REO VA Property. Just minutes from Hurlburt Field and the beaches, this 3-bedroom, 2-bath ...	3 beds \| 2 baths \| 1,004 sq.ft.	$255,000	Airbnb cash on cash: 7.89% Traditional cash on cash: 6.33% Airbnb Rental Income: $3034 Traditional Rental Income: $1965 Airbnb ROI: 7.89% Traditional ROI: 6.33%
228 Lakeside Lane Mary Esther, FL Beautifully renovated home conveniently located just a short commute to Hurlburt Field Air...	3 beds \| 2 baths \| 1,664 sq.ft.	$365,000	Airbnb cash on cash: 4.63% Traditional cash on cash: 4.92% Airbnb Rental Income: $3034 Traditional Rental Income: $2439 Airbnb ROI: 4.63% Traditional ROI: 4.92%
139 Bryn Mawr Blvd Mary Esther, FL Looking for a home in Mary Esther that is move in ready with still the opportunity to make...	4 beds \| 2 baths \| 1,980 sq.ft.	$318,000	Airbnb cash on cash: 8.38% Traditional cash on cash: 5.98% Airbnb Rental Income: $4108 Traditional Rental Income: $2517 Airbnb ROI: 8.38% Traditional ROI: 5.98%
911 Rue De La Savoie Mary Esther, FL Originally $375,000 NOW $315,000! Bring us your offers as we need this sold!! Just 5 miles...	3 beds \| 2 baths \| 1,664 sq.ft.	$315,000	Airbnb cash on cash: 5.61% Traditional cash on cash: 5.42% Airbnb Rental Income: $3034 Traditional Rental Income: $2283 Airbnb ROI: 5.61% Traditional ROI: 5.42%
569 Radiant Cir Mary Esther, FL Waterfront community living at its finest in this stunning 4-bedroom, 3-full-bath home. St...	4 beds \| 3 baths \| 2,290 sq.ft.	$750,000	Airbnb cash on cash: 2.54% Traditional cash on cash: 1.81% Airbnb Rental Income: $4108 Traditional Rental Income: $2729 Airbnb ROI: 2.54% Traditional ROI: 1.81%
242 Terrance Lane Mary Esther, FL *SELLER OFFERING $5,000 ANY WAY CREDIT* This gorgeous brick home is ready for you to c...	3 beds \| 2 baths \| 2,144 sq.ft.	$399,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 4.77% Airbnb Rental Income: $3034 Traditional Rental Income: $2738 Airbnb ROI: 3.7% Traditional ROI: 4.77%
479 Cascabellas St Mary Esther, FL Welcome to this charming 3-bedroom, 2-bath home offering 1,325 square feet of comfortable ...	3 beds \| 2 baths \| 1,325 sq.ft.	$315,000	Airbnb cash on cash: 6.33% Traditional cash on cash: 5.62% Airbnb Rental Income: $3034 Traditional Rental Income: $2131 Airbnb ROI: 6.33% Traditional ROI: 5.62%
346 Morgan Lane Mary Esther, FL Tucked away on a quiet cul-de-sac in Mary Esther, this beautifully maintained one-owner ho...	4 beds \| 2 baths \| 1,818 sq.ft.	$405,000	Airbnb cash on cash: 6.66% Traditional cash on cash: 4.54% Airbnb Rental Income: $4108 Traditional Rental Income: $2433 Airbnb ROI: 6.66% Traditional ROI: 4.54%
433 Forest Glen Place Mary Esther, FL Welcome to this charming 3 bedroom, 2.5 bath brick home tucked away on a peaceful cul de s...	3 beds \| 3 baths \| 1,454 sq.ft.	$327,000	Airbnb cash on cash: 5.78% Traditional cash on cash: 5.45% Airbnb Rental Income: $3034 Traditional Rental Income: $2236 Airbnb ROI: 5.78% Traditional ROI: 5.45%
2 W Casa Loma Drive Mary Esther, FL Welcome to 2 W Casa Loma. Built in 2021, this 4 bedroom, 2-bath,1922 sq ft modern home fea...	4 beds \| 2 baths \| 1,922 sq.ft.	$495,000	Airbnb cash on cash: 4.9% Traditional cash on cash: 3.47% Airbnb Rental Income: $4108 Traditional Rental Income: $2571 Airbnb ROI: 4.9% Traditional ROI: 3.47%
732 Saltair Lane Mary Esther, FL Waterfront Perfection on the Santa Rosa Sound marsh! Welcome to 732 Saltair Lane, a fully ...	4 beds \| 3 baths \| 2,091 sq.ft.	$549,900	Airbnb cash on cash: 4.12% Traditional cash on cash: 3.11% Airbnb Rental Income: $4108 Traditional Rental Income: $2714 Airbnb ROI: 4.12% Traditional ROI: 3.11%
710 E Hollywood Boulevard Mary Esther, FL ASSUMABLE 2.99% MORTGAGE AVAILABLE! Welcome to this spacious Mary Esther home, perfectly s...	4 beds \| 2 baths \| 1,568 sq.ft.	$325,000	Airbnb cash on cash: 8.78% Traditional cash on cash: 5.09% Airbnb Rental Income: $4108 Traditional Rental Income: $2108 Airbnb ROI: 8.78% Traditional ROI: 5.09%
420 Little John Road Mary Esther, FL Location, Location and ASSUMABLE 3.25% VA mortgage. better than new! new carpet throughout...	4 beds \| 2 baths \| 1,914 sq.ft.	$380,000	Airbnb cash on cash: 6.83% Traditional cash on cash: 3.99% Airbnb Rental Income: $4108 Traditional Rental Income: $2225 Airbnb ROI: 6.83% Traditional ROI: 3.99%
492 Aleta Ave Mary Esther, FL Coastal Living Meets Everyday Convenience - Just Minutes from Navarre Beach & Hurlburt Fie...	4 beds \| 2 baths \| 1,877 sq.ft.	$384,900	Airbnb cash on cash: 7.3% Traditional cash on cash: 5.46% Airbnb Rental Income: $4108 Traditional Rental Income: $2570 Airbnb ROI: 7.3% Traditional ROI: 5.46%
209 W MIRACLE STRIP Parkway unit: D201 Mary Esther, FL Remodeled Amazing Location on Santa Rosa Sound! Great for primary residence or investment ...	2 beds \| 1 baths \| 641 sq.ft.	$128,000	Airbnb cash on cash: 7.26% Traditional cash on cash: 4.61% Airbnb Rental Income: $2486 Traditional Rental Income: $1557 Airbnb ROI: 7.26% Traditional ROI: 4.61%
46 Brenda Lane Mary Esther, FL Welcome to this inviting 3-bedroom, 2-bath home in the heart of Mary Esther, just minutes ...	3 beds \| 2 baths \| 1,748 sq.ft.	$315,000	Airbnb cash on cash: 5.93% Traditional cash on cash: 6.71% Airbnb Rental Income: $3034 Traditional Rental Income: $2572 Airbnb ROI: 5.93% Traditional ROI: 6.71%
7 Snook Road Mary Esther, FL South of 98 \| Under 4 Miles to Hurlburt \| Boat/Trailer Parking \| Move-In Ready This beauti...	3 beds \| 2 baths \| 1,545 sq.ft.	$339,900	Airbnb cash on cash: 5.28% Traditional cash on cash: 4.79% Airbnb Rental Income: $3034 Traditional Rental Income: $2183 Airbnb ROI: 5.28% Traditional ROI: 4.79%
36 Lee Lane Mary Esther, FL VA Assumable Mortgage at 4.75% with an approximate payoff balance of $380,000. At 36 Lee L...	4 beds \| 2 baths \| 1,899 sq.ft.	$400,000	Airbnb cash on cash: 6.93% Traditional cash on cash: 4.3% Airbnb Rental Income: $4108 Traditional Rental Income: $2245 Airbnb ROI: 6.93% Traditional ROI: 4.3%
210 Wynnehaven Beach Road Mary Esther, FL Welcome to your coastal haven--a stunning, fully remodeled retreat designed for both relax...	4 beds \| 2 baths \| 2,227 sq.ft.	$569,000	Airbnb cash on cash: 4.55% Traditional cash on cash: 3.48% Airbnb Rental Income: $4108 Traditional Rental Income: $2665 Airbnb ROI: 4.55% Traditional ROI: 3.48%
30 Palmetto Drive Mary Esther, FL This beautiful home boasts abundant space and captivating charm, perfect for your Florida ...	3 beds \| 2 baths \| 1,824 sq.ft.	$375,000	Airbnb cash on cash: 4.68% Traditional cash on cash: 4.19% Airbnb Rental Income: $3034 Traditional Rental Income: $2166 Airbnb ROI: 4.68% Traditional ROI: 4.19%
261 Lee Drive Mary Esther, FL BRAND NEW ROOF in 2025. NEW Carpet. Seller is willing to FULLY REWIRE home at list price. ...	3 beds \| 2 baths \| 1,401 sq.ft.	$275,000	Airbnb cash on cash: 6.73% Traditional cash on cash: 5.91% Airbnb Rental Income: $3034 Traditional Rental Income: $2127 Airbnb ROI: 6.73% Traditional ROI: 5.91%
895 Solimar Way Mary Esther, FL Beautiful single level home in peaceful Solimar neighborhood. NEW Roof in 2024, New HVAC, ...	3 beds \| 2 baths \| 1,959 sq.ft.	$410,000	Airbnb cash on cash: 3.65% Traditional cash on cash: 4.07% Airbnb Rental Income: $3034 Traditional Rental Income: $2498 Airbnb ROI: 3.65% Traditional ROI: 4.07%
223 Oxford Court Mary Esther, FL Charming, updated, and move-in ready adorable and affordable 2-bedroom, 1.5-bath townhouse...	2 beds \| 2 baths \| 1,000 sq.ft.	$229,000	Airbnb cash on cash: 5.77% Traditional cash on cash: 4.06% Airbnb Rental Income: $2486 Traditional Rental Income: $1513 Airbnb ROI: 5.77% Traditional ROI: 4.06%
352 Harris Street Mary Esther, FL Showings to begin Saturday, March 21, 2026. Great family three-bedroom, two-bathroom home ...	3 beds \| 2 baths \| 1,198 sq.ft.	$319,950	Airbnb cash on cash: 5.69% Traditional cash on cash: 4.46% Airbnb Rental Income: $3034 Traditional Rental Income: $1969 Airbnb ROI: 5.69% Traditional ROI: 4.46%
16 Plantation Oaks Drive Mary Esther, FL Welcome to coastal living at its finest. Tucked away at the end of a picturesque cul-de-sa...	3 beds \| 3 baths \| 2,531 sq.ft.	$799,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 1.69% Airbnb Rental Income: $3034 Traditional Rental Income: $2710 Airbnb ROI: 1.19% Traditional ROI: 1.69%
487 Keystone Road Mary Esther, FL This beautiful 2-bedroom, 2.5-bath townhouse is ready for immediate move in with no repair...	2 beds \| 3 baths \| 1,330 sq.ft.	$229,900	Airbnb cash on cash: 5.99% Traditional cash on cash: 5.47% Airbnb Rental Income: $2486 Traditional Rental Income: $1770 Airbnb ROI: 5.99% Traditional ROI: 5.47%
1491 W Highway 98 Mary Esther, FL SELLER OFFERING $5000 CREDIT! Exceptional waterfront opportunity with 115 feet of beach sh...	4 beds \| 3 baths \| 2,986 sq.ft.	$1,020,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 2.02% Airbnb Rental Income: $4108 Traditional Rental Income: $3318 Airbnb ROI: 1.93% Traditional ROI: 2.02%
520 Parish Blvd Mary Esther, FL Rare is an understatement. This is a 1.33-acre coastal sanctuary offering the privacy and ...	5 beds \| 3 baths \| 2,655 sq.ft.	$1,295,000	Airbnb cash on cash: 3.58% Traditional cash on cash: 1.85% Airbnb Rental Income: $7363 Traditional Rental Income: $3867 Airbnb ROI: 3.58% Traditional ROI: 1.85%
209 W Miracle Strip Parkway unit: Apt B202 Mary Esther, FL Great deal! Don't miss this beautifully renovated unit in a waterfront complex. Located on...	2 beds \| 1 baths \| 965 sq.ft.	$124,500	Airbnb cash on cash: 4.71% Traditional cash on cash: 4.73% Airbnb Rental Income: $2486 Traditional Rental Income: $1885 Airbnb ROI: 4.71% Traditional ROI: 4.73%
22 E Casa Loma Drive Mary Esther, FL Beautifully remodeled 4-bedroom, 2-bath home offering modern updates and a functional layo...	4 beds \| 2 baths \| 1,673 sq.ft.	$374,000	Airbnb cash on cash: 7.2% Traditional cash on cash: 4.31% Airbnb Rental Income: $4108 Traditional Rental Income: $2221 Airbnb ROI: 7.2% Traditional ROI: 4.31%
209 Miracle Strip Parkway unit: G301 Mary Esther, FL Without a doubt, the nicest unit in all of The Cedars. Top floor, corner unit, & direct wa...	2 beds \| 1 baths \| 965 sq.ft.	$239,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 1.7% Airbnb Rental Income: $2486 Traditional Rental Income: $1890 Airbnb ROI: 1.67% Traditional ROI: 1.7%
209 Miracle Strip Parkway unit: C307 Mary Esther, FL Lovely renovated 1/1 in a waterfront complex that offers coastal enjoyment from the fishin...	1 beds \| 1 baths \| 641 sq.ft.	$158,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 3.76% Airbnb Rental Income: $1363 Traditional Rental Income: $1614 Airbnb ROI: -0.63% Traditional ROI: 3.76%
221 Wynnehaven Beach Road Mary Esther, FL PRICE IMPROVEMENT on waterfront estate! This custom Mediterranean-style home with durable ...	5 beds \| 5 baths \| 3,971 sq.ft.	$1,999,999	Airbnb cash on cash: 1.72% Traditional cash on cash: 2.43% Airbnb Rental Income: $7363 Traditional Rental Income: $7271 Airbnb ROI: 1.72% Traditional ROI: 2.43%
209 W Miracle Strip Parkway unit: Apt D103 Mary Esther, FL This one bedroom, one bath condo sits on the Santa Rosa Sound in The Cedars, a charming wa...	1 beds \| 1 baths \| 641 sq.ft.	$118,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 5.03% Airbnb Rental Income: $1363 Traditional Rental Income: $1600 Airbnb ROI: -0.66% Traditional ROI: 5.03%
209 W Miracle Strip Parkway unit: Apt B203 Mary Esther, FL Sweat equity will get you a great 2 bedroom condo. The kitchen cabinets are all wood, cust...	2 beds \| 1 baths \| 965 sq.ft.	$90,000	Airbnb cash on cash: 6.86% Traditional cash on cash: 6.88% Airbnb Rental Income: $2486 Traditional Rental Income: $1885 Airbnb ROI: 6.86% Traditional ROI: 6.88%
159 Shore Line Drive Mary Esther, FL Fully renovated modern-coastal home in Emerald Pointe on sought-after Shoreline Drive. Ove...	4 beds \| 3 baths \| 2,305 sq.ft.	$670,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 2.32% Airbnb Rental Income: $4108 Traditional Rental Income: $2765 Airbnb ROI: 3.07% Traditional ROI: 2.32%
206 Woodland Park Circle Mary Esther, FL VA Assumable loan at 3% with an approximate balance of $221,500. It's a great option to ge...	3 beds \| 2 baths \| 1,623 sq.ft.	$299,000	Airbnb cash on cash: 6.16% Traditional cash on cash: 5.07% Airbnb Rental Income: $3034 Traditional Rental Income: $2031 Airbnb ROI: 6.16% Traditional ROI: 5.07%
406 Rosewood Avenue Mary Esther, FL Updated property Close to Hurlburt Airforce base and a short drive to the beautiful beache...	4 beds \| 2 baths \| 1,608 sq.ft.	$319,900	Airbnb cash on cash: 8.8% Traditional cash on cash: 5.94% Airbnb Rental Income: $4108 Traditional Rental Income: $2375 Airbnb ROI: 8.8% Traditional ROI: 5.94%
1065 Blvd De La Parisienne Mary Esther, FL Charming Brick Home backing up to the Eglin Reservation- Minutes from Navarre Beach and Hu...	3 beds \| 2 baths \| 1,781 sq.ft.	$334,000	Airbnb cash on cash: 5.74% Traditional cash on cash: 5.83% Airbnb Rental Income: $3034 Traditional Rental Income: $2370 Airbnb ROI: 5.74% Traditional ROI: 5.83%
13 Hatten Court Mary Esther, FL Welcome Forest Shores Villas! The thoughtfully designed exterior unit offers 4 bedrooms, 2...	4 beds \| 3 baths \| 1,710 sq.ft.	$349,900	Airbnb cash on cash: 7.55% Traditional cash on cash: 4.54% Airbnb Rental Income: $4108 Traditional Rental Income: $2246 Airbnb ROI: 7.55% Traditional ROI: 4.54%

Your search for investment property begins and ends here

Townhouses for Sale in Mary Esther, FL

466 Sara Avenue

Mary Esther, FL

3 beds | 2 baths | 1,004 sq.ft.

$255,000

Airbnb cash on cash: 7.89%

Traditional cash on cash: 6.33%

Airbnb Rental Income: $3034

Traditional Rental Income: $1965

Airbnb ROI: 7.89%

Traditional ROI: 6.33%

228 Lakeside Lane

Mary Esther, FL

3 beds | 2 baths | 1,664 sq.ft.

$365,000

Airbnb cash on cash: 4.63%

Traditional cash on cash: 4.92%

Airbnb Rental Income: $3034

Traditional Rental Income: $2439

Airbnb ROI: 4.63%

Traditional ROI: 4.92%

139 Bryn Mawr Blvd

Mary Esther, FL

4 beds | 2 baths | 1,980 sq.ft.

$318,000

Airbnb cash on cash: 8.38%

Traditional cash on cash: 5.98%

Airbnb Rental Income: $4108

Traditional Rental Income: $2517

Airbnb ROI: 8.38%

Traditional ROI: 5.98%

911 Rue De La Savoie

Mary Esther, FL

3 beds | 2 baths | 1,664 sq.ft.

$315,000

Airbnb cash on cash: 5.61%

Traditional cash on cash: 5.42%

Airbnb Rental Income: $3034

Traditional Rental Income: $2283

Airbnb ROI: 5.61%

Traditional ROI: 5.42%

569 Radiant Cir

Mary Esther, FL

4 beds | 3 baths | 2,290 sq.ft.

$750,000

Airbnb cash on cash: 2.54%

Traditional cash on cash: 1.81%

Airbnb Rental Income: $4108

Traditional Rental Income: $2729

Airbnb ROI: 2.54%

Traditional ROI: 1.81%

242 Terrance Lane

Mary Esther, FL

3 beds | 2 baths | 2,144 sq.ft.

$399,000

Airbnb cash on cash: 3.7%

Traditional cash on cash: 4.77%

Airbnb Rental Income: $3034

Traditional Rental Income: $2738

Airbnb ROI: 3.7%

Traditional ROI: 4.77%

479 Cascabellas St

Mary Esther, FL

3 beds | 2 baths | 1,325 sq.ft.

$315,000

Airbnb cash on cash: 6.33%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $3034

Traditional Rental Income: $2131

Airbnb ROI: 6.33%

Traditional ROI: 5.62%

346 Morgan Lane

Mary Esther, FL

4 beds | 2 baths | 1,818 sq.ft.

$405,000

Airbnb cash on cash: 6.66%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $4108

Traditional Rental Income: $2433

Airbnb ROI: 6.66%