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 71 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1315 Lester Court Merritt Island, FL Here's the 4 bedroom on Merritt Island that you've been looking for! The 4th bedroom does ...	3 beds \| 2 baths \| 1,238 sq.ft.	$346,500	Airbnb cash on cash: 3.52% Traditional cash on cash: 4.56% Airbnb Rental Income: $2463 Traditional Rental Income: $2201 Airbnb ROI: 3.52% Traditional ROI: 4.56%
435 S Courtenay Parkway Merritt Island, FL This 4-bedroom home with recent updates is move in ready! Enjoy big open living space with...	4 beds \| 2 baths \| 1,360 sq.ft.	$300,000	Airbnb cash on cash: 8.65% Traditional cash on cash: 6.65% Airbnb Rental Income: $3959 Traditional Rental Income: $2545 Airbnb ROI: 8.65% Traditional ROI: 6.65%
680 Sunset Lane Merritt Island, FL Location, location, location! This solid, well-maintained home is located in desirable Sou...	4 beds \| 3 baths \| 2,540 sq.ft.	$539,900	Airbnb cash on cash: 4.02% Traditional cash on cash: 5.81% Airbnb Rental Income: $3959 Traditional Rental Income: $4011 Airbnb ROI: 4.02% Traditional ROI: 5.81%
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: -0.24% Traditional cash on cash: 2.24% Airbnb Rental Income: $3959 Traditional Rental Income: $8861 Airbnb ROI: -0.24% Traditional ROI: 2.24%
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.	$4,950,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 0.96% Airbnb Rental Income: $2161 Traditional Rental Income: $12618 Airbnb ROI: -1.44% Traditional ROI: 0.96%
135 S Kenneth Court Merritt Island, FL Getting to the beach in 9 minutes? Yes, please! Experience the ultimate Florida lifestyle ...	2 beds \| 1 baths \| 961 sq.ft.	$297,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 4.88% Airbnb Rental Income: $995 Traditional Rental Income: $1984 Airbnb ROI: 0.07% Traditional ROI: 4.88%
115 Carib Drive Merritt Island, FL SHORT SALE Priced lower than appraisal. Bank approved price. Beautiful Merritt Island ...	3 beds \| 2 baths \| 1,548 sq.ft.	$288,000	Airbnb cash on cash: 4.22% Traditional cash on cash: 5.84% Airbnb Rental Income: $2463 Traditional Rental Income: $2301 Airbnb ROI: 4.22% Traditional ROI: 5.84%
1545 Cunningham Avenue Merritt Island, FL Here is an opportunity to own a home that is in a good neighborhood and has good bones. It...	3 beds \| 1 baths \| 1,148 sq.ft.	$219,000	Airbnb cash on cash: 6.08% Traditional cash on cash: 8.06% Airbnb Rental Income: $2463 Traditional Rental Income: $2273 Airbnb ROI: 6.08% Traditional ROI: 8.06%
1460 Hannah Drive Merritt Island, FL Price Adjustment on this updated waterfront pool home that is MOVE IN READY. It's a perfec...	3 beds \| 2 baths \| 1,392 sq.ft.	$575,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 4.03% Airbnb Rental Income: $2463 Traditional Rental Income: $3320 Airbnb ROI: 1.32% Traditional ROI: 4.03%
1695 N BANANA RIVER DRIVE Merritt Island, FL Welcome to 1695 N Banana River Dr, a beautifully updated and fully gated home in Merritt I...	3 beds \| 2 baths \| 1,596 sq.ft.	$449,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 4.29% Airbnb Rental Income: $2463 Traditional Rental Income: $2713 Airbnb ROI: 2.27% Traditional ROI: 4.29%
397 Milford Point Drive Merritt Island, FL WELCOME HOME TO EXCLUSIVE MILFORD POINT MERRITT ISLAND! An absolute tropical boater's para...	5 beds \| 4 baths \| 5,615 sq.ft.	$1,299,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 2.91% Airbnb Rental Income: $2161 Traditional Rental Income: $5810 Airbnb ROI: -0.57% Traditional ROI: 2.91%
4245 Hillview Circle Merritt Island, FL Welcome to this well-maintained 4-bedroom, 2-bath pool home in highly desirable Hilltop Ma...	4 beds \| 2 baths \| 2,002 sq.ft.	$664,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 3.28% Airbnb Rental Income: $3959 Traditional Rental Income: $3265 Airbnb ROI: 3.03% Traditional ROI: 3.28%
150 UTOPIA CIRCLE Merritt Island, FL 100K PRICE IMPROVEMENT! You won't find a better deal in BREVARD County!! Discover one of B...	5 beds \| 4 baths \| 5,308 sq.ft.	$1,149,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 4.39% Airbnb Rental Income: $2161 Traditional Rental Income: $6021 Airbnb ROI: 0.27% Traditional ROI: 4.39%
700 Milford Point Drive Merritt Island, FL One-of-a-kind Peninsula Waterfront Estate on Two Premium Lots.Welcome to a rare peninsula-...	5 beds \| 4 baths \| 4,040 sq.ft.	$2,300,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.3% Airbnb Rental Income: $2161 Traditional Rental Income: $5687 Airbnb ROI: -0.61% Traditional ROI: 1.3%
2885 S Tropical Trail Merritt Island, FL Experience the charm of mid-century design with this iconic 1950s riverfront retreat-a rar...	3 beds \| 2 baths \| 1,639 sq.ft.	$850,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 2.6% Airbnb Rental Income: $2463 Traditional Rental Income: $3253 Airbnb ROI: 0.84% Traditional ROI: 2.6%
327 S Tropical Trail Merritt Island, FL Stunning Indian River estate on coveted South Tropical Trail. Nestled down a long driveway...	4 beds \| 2 baths \| 2,464 sq.ft.	$1,010,800	Airbnb cash on cash: 1.69% Traditional cash on cash: 3.37% Airbnb Rental Income: $3959 Traditional Rental Income: $4692 Airbnb ROI: 1.69% Traditional ROI: 3.37%
101 Island Grove Drive Merritt Island, FL Welcome to 101 Island Grove Dr, located in the highly sought-after Island Grove community....	4 beds \| 3 baths \| 3,005 sq.ft.	$678,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 4.64% Airbnb Rental Income: $3959 Traditional Rental Income: $4017 Airbnb ROI: 3.21% Traditional ROI: 4.64%
10758 S Tropical Trail Merritt Island, FL Breathtaking sunrises and sunsets await in this incredible River to River South Merritt Is...	2 beds \| 2 baths \| 2,244 sq.ft.	$1,895,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 0.39% Airbnb Rental Income: $995 Traditional Rental Income: $3232 Airbnb ROI: -1.08% Traditional ROI: 0.39%
2070 S COURTENAY PARKWAY Merritt Island, FL This 3-bedroom, 2.5-bath concrete block home offers over 2,200 sq ft of living space on ne...	3 beds \| 3 baths \| 2,207 sq.ft.	$385,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 6.99% Airbnb Rental Income: $2463 Traditional Rental Income: $3250 Airbnb ROI: 3.15% Traditional ROI: 6.99%
2245 Chevalier Place Merritt Island, FL Paradise Found! Bring your boat, as this large, updated 3/2 ranch house with a beautiful o...	3 beds \| 2 baths \| 1,700 sq.ft.	$712,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.89% Airbnb Rental Income: $2463 Traditional Rental Income: $3078 Airbnb ROI: 1.07% Traditional ROI: 2.89%
8690 S Tropical Trail Merritt Island, FL Experience exceptional waterfront living just south of Pineda Causeway on Merritt Island. ...	3 beds \| 2 baths \| 1,343 sq.ft.	$1,250,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 0.19% Airbnb Rental Income: $2463 Traditional Rental Income: $2499 Airbnb ROI: -0.36% Traditional ROI: 0.19%
1310 St George Road Merritt Island, FL Set in an established South Merritt Island neighborhood, this beautiful 4 bedroom pool hom...	4 beds \| 2 baths \| 2,073 sq.ft.	$549,000	Airbnb cash on cash: 4.45% Traditional cash on cash: 4.21% Airbnb Rental Income: $3959 Traditional Rental Income: $2991 Airbnb ROI: 4.45% Traditional ROI: 4.21%
650 HIGH POINT CT Merritt Island, FL Tropical executive home on lushly landscaped corner lot on cul de sac street. This is an o...	5 beds \| 4 baths \| 3,452 sq.ft.	$774,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 4.88% Airbnb Rental Income: $2161 Traditional Rental Income: $4782 Airbnb ROI: 0.49% Traditional ROI: 4.88%
735 Jacaranda Street Merritt Island, FL CHARMING WATERFRONT HOME in the heart of Merritt Island offering relaxed coastal living an...	3 beds \| 2 baths \| 1,047 sq.ft.	$458,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 2.49% Airbnb Rental Income: $2463 Traditional Rental Income: $2032 Airbnb ROI: 2.09% Traditional ROI: 2.49%
840 WOODBINE DRIVE Merritt Island, FL Under contract-accepting backup offers. Beautiful home in extremely desirable area. This l...	4 beds \| 3 baths \| 2,423 sq.ft.	$789,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 3.76% Airbnb Rental Income: $3959 Traditional Rental Income: $4105 Airbnb ROI: 2.4% Traditional ROI: 3.76%
3083 NEWFOUND HARBOR DRIVE Merritt Island, FL Welcome to 3083 Newfound Harbor Dr, Merritt Island, a rare waterfront opportunity offering...	4 beds \| 3 baths \| 2,445 sq.ft.	$1,100,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.13% Airbnb Rental Income: $3959 Traditional Rental Income: $4194 Airbnb ROI: 1.07% Traditional ROI: 2.13%
2195 S Courtenay Parkway Merritt Island, FL Huge Price Reduction Below Recent Appraised Value, Discover the epitome of equestrian eleg...	5 beds \| 5 baths \| 7,308 sq.ft.	$1,623,456	Airbnb cash on cash: -0.93% Traditional cash on cash: 3.42% Airbnb Rental Income: $2161 Traditional Rental Income: $8176 Airbnb ROI: -0.93% Traditional ROI: 3.42%
1525 Dorsal Street Merritt Island, FL Welcome to this fully updated 3-bedroom, 2-bath home in a highly desirable Merritt Island ...	3 beds \| 2 baths \| 1,800 sq.ft.	$439,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 4.89% Airbnb Rental Income: $2463 Traditional Rental Income: $2585 Airbnb ROI: 3.14% Traditional ROI: 4.89%
1450 Angler Street Merritt Island, FL Welcome to your coastal retreat in the highly sought-after Surfside Estates! This charming...	3 beds \| 2 baths \| 1,296 sq.ft.	$349,000	Airbnb cash on cash: 4.11% Traditional cash on cash: 5.58% Airbnb Rental Income: $2463 Traditional Rental Income: $2346 Airbnb ROI: 4.11% Traditional ROI: 5.58%
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.	$484,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 4.57% Airbnb Rental Income: $2463 Traditional Rental Income: $3146 Airbnb ROI: 1.75% Traditional ROI: 4.57%
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.	$305,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.09% Airbnb Rental Income: $2463 Traditional Rental Income: $2566 Airbnb ROI: 1.64% Traditional ROI: 4.09%
405 Norwood Street Merritt Island, FL There's No Place Like Home! And, this MCM cottage is simply adorable and move in ready wit...	3 beds \| 2 baths \| 1,282 sq.ft.	$319,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 5.56% Airbnb Rental Income: $2463 Traditional Rental Income: $2290 Airbnb ROI: 4.14% Traditional ROI: 5.56%
330 Melbourne Avenue Merritt Island, FL NO HOA, centrally located, closed to schools, shopping, dining and local parks. Short driv...	3 beds \| 2 baths \| 1,708 sq.ft.	$259,000	Airbnb cash on cash: 4.84% Traditional cash on cash: 8.14% Airbnb Rental Income: $2463 Traditional Rental Income: $2670 Airbnb ROI: 4.84% Traditional ROI: 8.14%
804 HAMPTON WAY Merritt Island, FL Come see 804 Hampton Way, where the residence features fresh exterior paint for enhanced c...	3 beds \| 2 baths \| 1,400 sq.ft.	$299,000	Airbnb cash on cash: 4.27% Traditional cash on cash: 5.85% Airbnb Rental Income: $2463 Traditional Rental Income: $2309 Airbnb ROI: 4.27% Traditional ROI: 5.85%
904 Westwood Drive Merritt Island, FL PRICE REDUCTION! Affordable and Move-in ready Merritt Island gem! This beautifully maintai...	3 beds \| 2 baths \| 1,008 sq.ft.	$279,000	Airbnb cash on cash: 5.5% Traditional cash on cash: 6.53% Airbnb Rental Income: $2463 Traditional Rental Income: $2134 Airbnb ROI: 5.5% Traditional ROI: 6.53%
390 WAINAI Drive Merritt Island, FL Fully Furnished Waterfront Living - Boat, Dock, Pool & Furnishings Included Move in and im...	4 beds \| 2 baths \| 2,660 sq.ft.	$1,495,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 1.18% Airbnb Rental Income: $3959 Traditional Rental Income: $3675 Airbnb ROI: 0.78% Traditional ROI: 1.18%
227 Norwich Street Merritt Island, FL Welcome home to your waterfront gorgeous 4 bedroom, 3 bath, 3 way split open floor plan in...	4 beds \| 3 baths \| 2,428 sq.ft.	$750,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 3.56% Airbnb Rental Income: $3959 Traditional Rental Income: $4013 Airbnb ROI: 2.27% Traditional ROI: 3.56%
5595 EAGLE WAY Merritt Island, FL Welcome to this well-maintained 4-bedroom, 2-bath home located in the heart of North Merri...	4 beds \| 2 baths \| 2,226 sq.ft.	$529,900	Airbnb cash on cash: 4.47% Traditional cash on cash: 5.14% Airbnb Rental Income: $3959 Traditional Rental Income: $3442 Airbnb ROI: 4.47% Traditional ROI: 5.14%

Your search for investment property begins and ends here

Single Family Homes for Sale in Merritt Island, FL

1315 Lester Court

Merritt Island, FL

3 beds | 2 baths | 1,238 sq.ft.

$346,500

Airbnb cash on cash: 3.52%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $2463

Traditional Rental Income: $2201

Airbnb ROI: 3.52%

Traditional ROI: 4.56%

435 S Courtenay Parkway

Merritt Island, FL

4 beds | 2 baths | 1,360 sq.ft.

$300,000

Airbnb cash on cash: 8.65%

Traditional cash on cash: 6.65%

Airbnb Rental Income: $3959

Traditional Rental Income: $2545

Airbnb ROI: 8.65%

Traditional ROI: 6.65%

680 Sunset Lane

Merritt Island, FL

4 beds | 3 baths | 2,540 sq.ft.

$539,900

Airbnb cash on cash: 4.02%

Traditional cash on cash: 5.81%

Airbnb Rental Income: $3959

Traditional Rental Income: $4011

Airbnb ROI: 4.02%

Traditional ROI: 5.81%

106 VICTORIA STREET

Merritt Island, FL

4 beds | 5 baths | 3,988 sq.ft.

$2,500,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $3959

Traditional Rental Income: $8861

Airbnb ROI: -0.24%

Traditional ROI: 2.24%

9490 S Tropical Trail

Merritt Island, FL

5 beds | 6 baths | 4,906 sq.ft.

$4,950,000

Airbnb cash on cash: -1.44%

Traditional cash on cash: 0.96%

Airbnb Rental Income: $2161

Traditional Rental Income: $12618

Airbnb ROI: -1.44%

Traditional ROI: 0.96%

135 S Kenneth Court

Merritt Island, FL

2 beds | 1 baths | 961 sq.ft.

$297,000

Airbnb cash on cash: 0.07%

Traditional cash on cash: 4.88%

Airbnb Rental Income: $995

Traditional Rental Income: $1984

Airbnb ROI: 0.07%

Traditional ROI: 4.88%

115 Carib Drive

Merritt Island, FL

3 beds | 2 baths | 1,548 sq.ft.

$288,000

Airbnb cash on cash: 4.22%

Traditional cash on cash: 5.84%

Airbnb Rental Income: $2463

Traditional Rental Income: $2301

Airbnb ROI: 4.22%

Traditional ROI: 5.84%

1545 Cunningham Avenue

Merritt Island, FL

3 beds | 1 baths | 1,148 sq.ft.

$219,000

Airbnb cash on cash: 6.08%

Traditional cash on cash: 8.06%

Airbnb Rental Income: $2463

Traditional Rental Income: $2273

Airbnb ROI: 6.08%