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.

Memphis Investment Property for Sale in Merritt Island, FL

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

Showing 171 Memphis Investment Property 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: 6.18% Traditional cash on cash: 3.87% Airbnb Rental Income: $3901 Traditional Rental Income: $2199 Airbnb ROI: 6.18% Traditional ROI: 3.87%
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.	$375,000	Airbnb cash on cash: 7.17% Traditional cash on cash: 6.77% Airbnb Rental Income: $3901 Traditional Rental Income: $2920 Airbnb ROI: 7.17% Traditional ROI: 6.77%
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: 4.5% Traditional cash on cash: 5.41% Airbnb Rental Income: $2528 Traditional Rental Income: $2167 Airbnb ROI: 4.5% Traditional ROI: 5.41%
1430 Holiday Boulevard Merritt Island, FL Live the waterfront lifestyle in Holiday Cove. This single story 3 bedroom, 2 bathroom can...	3 beds \| 2 baths \| 1,886 sq.ft.	$597,000	Airbnb cash on cash: 3.92% Traditional cash on cash: 3.3% Airbnb Rental Income: $3901 Traditional Rental Income: $2712 Airbnb ROI: 3.92% Traditional ROI: 3.3%
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: -0.01% Traditional cash on cash: 0.98% Airbnb Rental Income: $5753 Traditional Rental Income: $7461 Airbnb ROI: -0.01% 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.	$875,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 2.05% Airbnb Rental Income: $3817 Traditional Rental Income: $3485 Airbnb ROI: 1.45% Traditional ROI: 2.05%
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.	$519,000	Airbnb cash on cash: 4.87% Traditional cash on cash: 6.35% Airbnb Rental Income: $3817 Traditional Rental Income: $3710 Airbnb ROI: 4.87% Traditional ROI: 6.35%
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.	$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%
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.	$729,990	Airbnb cash on cash: 2.6% Traditional cash on cash: 3.87% Airbnb Rental Income: $3817 Traditional Rental Income: $3859 Airbnb ROI: 2.6% Traditional ROI: 3.87%
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 \| N/A baths \| 1,715 sq.ft.	$745,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 0.31% Airbnb Rental Income: $3901 Traditional Rental Income: $2854 Airbnb ROI: 0.61% 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.	$899,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 1.89% Airbnb Rental Income: $3817 Traditional Rental Income: $3318 Airbnb ROI: 1.5% 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.	$300,000	Airbnb cash on cash: 8.03% Traditional cash on cash: 8.14% Airbnb Rental Income: $3817 Traditional Rental Income: $3024 Airbnb ROI: 8.03% Traditional ROI: 8.14%
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: 8.84% Traditional cash on cash: 6.2% Airbnb Rental Income: $3901 Traditional Rental Income: $2342 Airbnb ROI: 8.84% Traditional ROI: 6.2%
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 \| N/A baths \| 2,634 sq.ft.	$1,449,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 1.4% Airbnb Rental Income: $3901 Traditional Rental Income: $3695 Airbnb ROI: 0.93% Traditional ROI: 1.4%
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.	$595,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 3.31% Airbnb Rental Income: $3901 Traditional Rental Income: $3033 Airbnb ROI: 3.36% 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.	$335,000	Airbnb cash on cash: 6.15% Traditional cash on cash: 3.43% Airbnb Rental Income: $3901 Traditional Rental Income: $2205 Airbnb ROI: 6.15% Traditional ROI: 3.43%
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%
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 \| N/A baths \| 2,450 sq.ft.	$475,000	Airbnb cash on cash: 4.57% Traditional cash on cash: 3.1% Airbnb Rental Income: $3901 Traditional Rental Income: $2411 Airbnb ROI: 4.57% Traditional ROI: 3.1%
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 \| N/A 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.	$500,000	Airbnb cash on cash: 4.56% Traditional cash on cash: 4.07% Airbnb Rental Income: $3817 Traditional Rental Income: $2763 Airbnb ROI: 4.56% 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: 1.65% Traditional cash on cash: -0.08% Airbnb Rental Income: $3901 Traditional Rental Income: $2164 Airbnb ROI: 1.65% Traditional ROI: -0.08%
280 Andros Drive Merritt Island, FL Minutes to the BEACH! NO HOA + pool + boat/RV parking! This 4BR/2BA, 2,376 SF corner-lot h...	4 beds \| 2 baths \| 2,376 sq.ft.	$419,900	Airbnb cash on cash: 5.53% Traditional cash on cash: 6.15% Airbnb Rental Income: $3817 Traditional Rental Income: $3236 Airbnb ROI: 5.53% 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: 1.04% Traditional cash on cash: 3.05% Airbnb Rental Income: $3817 Traditional Rental Income: $4862 Airbnb ROI: 1.04% 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: 3.14% Traditional cash on cash: 3.13% Airbnb Rental Income: $3817 Traditional Rental Income: $2982 Airbnb ROI: 3.14% Traditional ROI: 3.13%
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%
755 Larkview Street Merritt Island, FL Welcome to 755 Larkview Street in Merritt Island. This 4 bedroom, 2 bath home offers peace...	4 beds \| 2 baths \| 1,366 sq.ft.	$319,900	Airbnb cash on cash: 8.46% Traditional cash on cash: 6.38% Airbnb Rental Income: $3817 Traditional Rental Income: $2366 Airbnb ROI: 8.46% Traditional ROI: 6.38%
1395 Floral Lane Merritt Island, FL 3 BEDROOM 2 BATH POOL HOME WITH NO HOA! The fully renovated kitchen with stainless steel a...	3 beds \| 2 baths \| 1,244 sq.ft.	$379,900	Airbnb cash on cash: 6.49% Traditional cash on cash: 4.31% Airbnb Rental Income: $3901 Traditional Rental Income: $2284 Airbnb ROI: 6.49% 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 \| N/A baths \| 3,030 sq.ft.	$765,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 1.49% Airbnb Rental Income: $3817 Traditional Rental Income: $2576 Airbnb ROI: 2.07% Traditional ROI: 1.49%
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: -1.05% Traditional cash on cash: -0.13% Airbnb Rental Income: $2528 Traditional Rental Income: $2403 Airbnb ROI: -1.05% 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: -1.03% Traditional cash on cash: -0.43% Airbnb Rental Income: $2528 Traditional Rental Income: $2403 Airbnb ROI: -1.03% Traditional ROI: -0.43%
1005 Old Parsonage Drive Merritt Island, FL Nestled in the highly desirable New Georgiana Settlement, this Merritt Island estate combi...	3 beds \| 2 baths \| 2,151 sq.ft.	$699,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 2.27% Airbnb Rental Income: $3901 Traditional Rental Income: $2680 Airbnb ROI: 2.86% Traditional ROI: 2.27%
32 Bogart Place Merritt Island, FL This home can be Purchased with NO INCOME VERIFICATION needed!!!! Charming updated and Cen...	2 beds \| N/A baths \| 1,184 sq.ft.	$259,900	Airbnb cash on cash: 4.87% Traditional cash on cash: 3.8% Airbnb Rental Income: $2528 Traditional Rental Income: $1654 Airbnb ROI: 4.87% Traditional ROI: 3.8%
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.	$385,000	Airbnb cash on cash: 6.35% Traditional cash on cash: 4.8% Airbnb Rental Income: $3901 Traditional Rental Income: $2504 Airbnb ROI: 6.35% Traditional ROI: 4.8%
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%
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 \| N/A baths \| 1,632 sq.ft.	$860,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 0.03% Airbnb Rental Income: $3901 Traditional Rental Income: $2768 Airbnb ROI: 0.39% 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: 3.34% Traditional cash on cash: 2.7% Airbnb Rental Income: $3901 Traditional Rental Income: $2673 Airbnb ROI: 3.34% Traditional ROI: 2.7%
1675 Vega Ave Merritt Island, FL SELLER IS WILLING TO OFFER CONCESSIONS TO A BUYER FOR HOME IMPROVEMENTS.: Experience the i...	4 beds \| 2 baths \| 1,616 sq.ft.	$569,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 2.97% Airbnb Rental Income: $3817 Traditional Rental Income: $2733 Airbnb ROI: 3.46% 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: 7.85% Traditional cash on cash: 4.25% Airbnb Rental Income: $3901 Traditional Rental Income: $1995 Airbnb ROI: 7.85% Traditional ROI: 4.25%
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%

Your search for investment property begins and ends here

Memphis 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: 6.18%

Traditional cash on cash: 3.87%

Airbnb Rental Income: $3901

Traditional Rental Income: $2199

Airbnb ROI: 6.18%

Traditional ROI: 3.87%

455 Riverside Avenue

Merritt Island, FL

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

$375,000

Airbnb cash on cash: 7.17%

Traditional cash on cash: 6.77%

Airbnb Rental Income: $3901

Traditional Rental Income: $2920

Airbnb ROI: 7.17%

Traditional ROI: 6.77%

450 Patrick Avenue

Merritt Island, FL

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

$290,500

Airbnb cash on cash: 4.5%

Traditional cash on cash: 5.41%

Airbnb Rental Income: $2528

Traditional Rental Income: $2167

Airbnb ROI: 4.5%

Traditional ROI: 5.41%

1430 Holiday Boulevard

Merritt Island, FL

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

$597,000

Airbnb cash on cash: 3.92%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $3901

Traditional Rental Income: $2712

Airbnb ROI: 3.92%

Traditional ROI: 3.3%

4297 Crooked Mile Road

Merritt Island, FL

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

$3,100,000

Airbnb cash on cash: -0.01%

Traditional cash on cash: 0.98%

Airbnb Rental Income: $5753

Traditional Rental Income: $7461

Airbnb ROI: -0.01%

Traditional ROI: 0.98%

1620 Yount Drive

Merritt Island, FL

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

$875,000

Airbnb cash on cash: 1.45%

Traditional cash on cash: 2.05%

Airbnb Rental Income: $3817

Traditional Rental Income: $3485

Airbnb ROI: 1.45%

Traditional ROI: 2.05%

240 RIVERSIDE AVENUE

Merritt Island, FL

4 beds | 3 baths | 1,926 sq.ft.

$519,000

Airbnb cash on cash: 4.87%

Traditional cash on cash: 6.35%

Airbnb Rental Income: $3817

Traditional Rental Income: $3710

Airbnb ROI: 4.87%

Traditional ROI: 6.35%

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%