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.

Convent Station Investment Property for Sale in Merritt Island, FL

Search for Convent Station Investment Property for Sale in Merritt Island, Florida. Browse all of Mashvisor’s Convent Station Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 172 Convent Station Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

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%
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.	$329,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 4.59% Airbnb Rental Income: $1761 Traditional Rental Income: $2218 Airbnb ROI: 1.55% Traditional ROI: 4.59%
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%
735 Pilot Lane unit: 314 #314 Merritt Island, FL Introducing a one-of-a-kind living experience tailored for those who cherish the skies and...	3 beds \| 4 baths \| 1,715 sq.ft.	$745,000	Airbnb cash on cash: -1.96% Traditional cash on cash: 0.31% Airbnb Rental Income: $1761 Traditional Rental Income: $2854 Airbnb ROI: -1.96% Traditional ROI: 0.31%
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.	$850,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 2.05% Airbnb Rental Income: $2133 Traditional Rental Income: $3318 Airbnb ROI: -0.13% Traditional ROI: 2.05%
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%
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%
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%
420 Pine Boulevard Merritt Island, FL Unique 3 bed/3 bath pool home in S. Merritt Island! Lg corner lot w/fenced side yard & poo...	3 beds \| 2 baths \| 2,450 sq.ft.	$470,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.15% Airbnb Rental Income: $1761 Traditional Rental Income: $2411 Airbnb ROI: 0.57% Traditional ROI: 3.15%
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%
202 IVORY CORAL LANE #507 Merritt Island, FL Welcome to Cape Crossing Resort and Marina, ideally situated in North Merritt Island along...	3 beds \| 2 baths \| 1,169 sq.ft.	$555,000	Airbnb cash on cash: -1.79% Traditional cash on cash: -0.08% Airbnb Rental Income: $1761 Traditional Rental Income: $2164 Airbnb ROI: -1.79% Traditional ROI: -0.08%
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%
1685 Savana Drive 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%
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%
735 Pilot Lane unit: 510 #510 Merritt Island, FL Introducing a one-of-a-kind living experience tailored for those who cherish the skies and...	2 beds \| 2 baths \| 1,344 sq.ft.	$560,000	Airbnb cash on cash: -3.83% Traditional cash on cash: -0.13% Airbnb Rental Income: $786 Traditional Rental Income: $2403 Airbnb ROI: -3.83% Traditional ROI: -0.13%
735 Pilot Lane unit: 1004 #1004 Merritt Island, FL Introducing a one-of-a-kind living experience tailored for those who cherish the skies and...	2 beds \| 2 baths \| 1,334 sq.ft.	$863,400	Airbnb cash on cash: -2.84% Traditional cash on cash: -0.43% Airbnb Rental Income: $786 Traditional Rental Income: $2403 Airbnb ROI: -2.84% Traditional ROI: -0.43%
2097 Hidden Grove Lane unit: 209 #209 Merritt Island, FL ENJOY TROPICAL LIVING AND AN OPEN FLOW FLOOR PLAN. High ceilings and crown crown molding t...	3 beds \| 2 baths \| 1,530 sq.ft.	$199,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 5.95% Airbnb Rental Income: $1761 Traditional Rental Income: $2263 Airbnb ROI: 0.73% Traditional ROI: 5.95%
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%
735 Pilot Lane unit: 814 #814 Merritt Island, FL Introducing a one-of-a-kind living experience tailored for those who cherish the skies and...	3 beds \| 4 baths \| 1,632 sq.ft.	$860,000	Airbnb cash on cash: -1.83% Traditional cash on cash: 0.03% Airbnb Rental Income: $1761 Traditional Rental Income: $2768 Airbnb ROI: -1.83% Traditional ROI: 0.03%
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%
320 Raquette Court Merritt Island, FL Welcome to your Merritt Island retreat, where peaceful waterfront living meets modern upda...	3 beds \| 2 baths \| 1,762 sq.ft.	$385,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.23% Airbnb Rental Income: $1761 Traditional Rental Income: $2735 Airbnb ROI: 1.2% Traditional ROI: 5.23%
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%

Your search for investment property begins and ends here

Convent Station Investment Property 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%

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.

$329,000

Airbnb cash on cash: 1.55%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $1761

Traditional Rental Income: $2218

Airbnb ROI: 1.55%

Traditional ROI: 4.59%

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%

Traditional ROI: 4.93%

240 RIVERSIDE AVENUE

Merritt Island, FL

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%