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 231 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
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%
4297 Crooked Mile Rd Merritt Island, FL Tucked on 2.86 acres with 118' of deep Intracoastal frontage, this private Merritt Island ...	5 beds \| 3 baths \| 5,535 sq.ft.	$2,900,000	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%
240 Riverside Ave Merritt Island, FL Price Improved! Waterfront living at its finest on Riverside Avenue in Merritt Island. Thi...	4 beds \| 3 baths \| 1,926 sq.ft.	$499,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 6.62% Airbnb Rental Income: $2133 Traditional Rental Income: $3710 Airbnb ROI: 2.09% Traditional ROI: 6.62%
680 Sunset Ln 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: 1.01% Traditional cash on cash: 4.88% Airbnb Rental Income: $2133 Traditional Rental Income: $3544 Airbnb ROI: 1.01% Traditional ROI: 4.88%
3083 Newfound Harbor Dr Merritt Island, FL Welcome to 3083 Newfound Harbor Dr, Merritt Island, a rare waterfront opportunity offering...	4 beds \| 3 baths \| 2,445 sq.ft.	$1,200,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 1.59% Airbnb Rental Income: $2133 Traditional Rental Income: $3880 Airbnb ROI: -0.47% Traditional ROI: 1.59%
135 Richland Ave 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 Under contract-accepting backup offers. LOCATION! LOCATION! LOCATION! Welcome to 1040 Carr...	4 beds \| 3 baths \| 2,226 sq.ft.	$659,990	Airbnb cash on cash: 0.69% Traditional cash on cash: 4.38% Airbnb Rental Income: $2133 Traditional Rental Income: $3859 Airbnb ROI: 0.69% Traditional ROI: 4.38%
404 4th St Merritt Island, FL Adorable concrete block home, great location in Central Merritt Island. Updated kitchen an...	2 beds \| 1 baths \| 864 sq.ft.	$250,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 4.59% Airbnb Rental Income: $786 Traditional Rental Income: $1560 Airbnb ROI: 0.04% Traditional ROI: 4.59%
145 CRISPIN STREET Merritt Island, FL Under contract-accepting backup offers. Don't miss your chance to own a slice of paradise ...	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%
4341 Timothy Dr 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: -0.43% Traditional cash on cash: 2.65% Airbnb Rental Income: $1761 Traditional Rental Income: $2205 Airbnb ROI: -0.43% Traditional ROI: 2.65%
1505 Eddy St Merritt Island, FL Discover the perfect blend of comfort and convenience in this charming single-family home,...	3 beds \| 2 baths \| 1,425 sq.ft.	$369,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 4.52% Airbnb Rental Income: $1761 Traditional Rental Income: $2238 Airbnb ROI: 1.74% Traditional ROI: 4.52%
106 Victoria St Merritt Island, FL Discover your dream home at 106 Victoria St, Merritt Island, FL 32952! This exquisite sing...	4 beds \| 4 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 Trl Merritt Island, FL A rare River-to-River estate on nearly 6.2 acres along prestigious S. Tropical Trail offer...	5 beds \| 5 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 Dr 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.	$559,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.07% Airbnb Rental Income: $2133 Traditional Rental Income: $2470 Airbnb ROI: 0.41% Traditional ROI: 2.07%
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%
405 Norwood St 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.	$329,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 4.68% Airbnb Rental Income: $1761 Traditional Rental Income: $2076 Airbnb ROI: 2.1% Traditional ROI: 4.68%
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%
1685 Savana Dr 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%
2735 S Courtenay Pkwy 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%
790 Buttonwood Dr Merritt Island, FL Beautifully updated Merritt Island home with major renovations already complete! This 3-be...	3 beds \| 2 baths \| 1,679 sq.ft.	$375,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 4.63% Airbnb Rental Income: $1761 Traditional Rental Income: $2282 Airbnb ROI: 1.78% Traditional ROI: 4.63%
140 Utopia Cir Merritt Island, FL Luxury coastal living on 1-acre + a boat slip in Merritt Island. This home has it all: 4 b...	4 beds \| 4 baths \| 3,194 sq.ft.	$1,250,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 2.53% Airbnb Rental Income: $2133 Traditional Rental Income: $5120 Airbnb ROI: -0.51% Traditional ROI: 2.53%
130 Moore Ave 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.	$285,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 4.59% Airbnb Rental Income: $1761 Traditional Rental Income: $1843 Airbnb ROI: 2.49% Traditional ROI: 4.59%
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.	$305,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 4.42% Airbnb Rental Income: $1761 Traditional Rental Income: $1995 Airbnb ROI: 1.92% Traditional ROI: 4.42%
320 Raquette Ct Merritt Island, FL Welcome to your Merritt Island retreat, where peaceful waterfront living meets modern upda...	3 beds \| 2 baths \| 1,762 sq.ft.	$377,500	Airbnb cash on cash: 1.22% Traditional cash on cash: 5.31% Airbnb Rental Income: $1761 Traditional Rental Income: $2735 Airbnb ROI: 1.22% Traditional ROI: 5.31%
1220 Robin Dr 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.	$237,500	Airbnb cash on cash: 3.26% Traditional cash on cash: 6.26% Airbnb Rental Income: $1761 Traditional Rental Income: $1953 Airbnb ROI: 3.26% Traditional ROI: 6.26%
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.	$549,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 4.45% Airbnb Rental Income: $2133 Traditional Rental Income: $3355 Airbnb ROI: 1.01% Traditional ROI: 4.45%
904 Westwood Dr 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%
390 Wainai Dr Merritt Island, FL Click virtual tour (or search 390 Wainai Drive on Youtube) to see video! Turnkey Waterfron...	4 beds \| 2 baths \| 2,660 sq.ft.	$1,495,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 0.93% Airbnb Rental Income: $2133 Traditional Rental Income: $3305 Airbnb ROI: -0.31% Traditional ROI: 0.93%
227 Norwich St 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.	$760,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.8% Airbnb Rental Income: $2133 Traditional Rental Income: $3521 Airbnb ROI: 0.08% Traditional ROI: 2.8%
322 3rd St 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.	$285,000	Airbnb cash on cash: 3.47% Traditional cash on cash: 6.98% Airbnb Rental Income: $2133 Traditional Rental Income: $2543 Airbnb ROI: 3.47% Traditional ROI: 6.98%
2025 Sykes Creek Dr Merritt Island, FL Are you ready to start living on island time? This spacious 4BR / 2.5BA home has a split f...	4 beds \| 2 baths \| 2,416 sq.ft.	$839,999	Airbnb cash on cash: -0.09% Traditional cash on cash: 1.76% Airbnb Rental Income: $2133 Traditional Rental Income: $3033 Airbnb ROI: -0.09% Traditional ROI: 1.76%
1500 Dorsal St Merritt Island, FL Close to the port, the beach and the Space Center this home is in a prime location with ve...	4 beds \| 3 baths \| 1,943 sq.ft.	$439,999	Airbnb cash on cash: 2.02% Traditional cash on cash: 5.64% Airbnb Rental Income: $2133 Traditional Rental Income: $3082 Airbnb ROI: 2.02% Traditional ROI: 5.64%
1244 Lynne Dr Merritt Island, FL Tucked away on a quiet street in South Merritt Island, this move-in ready home offers rece...	3 beds \| 2 baths \| 1,385 sq.ft.	$375,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 5.29% Airbnb Rental Income: $1761 Traditional Rental Income: $2360 Airbnb ROI: 2.22% Traditional ROI: 5.29%
5595 Eagle Way Merritt Island, FL Welcome to this beautifully-maintained 4-bedroom, 2-bath home located in the heart of Nort...	4 beds \| 2 baths \| 2,226 sq.ft.	$549,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 4.31% Airbnb Rental Income: $2133 Traditional Rental Income: $3139 Airbnb ROI: 1.29% Traditional ROI: 4.31%
1390 Island Drive Merritt Island, FL Fully renovated 3 bed, 2 bath Merritt Island canal-front home with over 1,900 sq ft . Enjo...	3 beds \| 2 baths \| 1,935 sq.ft.	$679,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.54% Airbnb Rental Income: $1761 Traditional Rental Income: $2908 Airbnb ROI: -0.03% Traditional ROI: 2.54%
1635 Sandpiper St Merritt Island, FL Imagine starting your morning poolside, coffee in hand, as dolphins swim by in the river. ...	5 beds \| 3 baths \| 2,496 sq.ft.	$750,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.42% Airbnb Rental Income: $2332 Traditional Rental Income: $3500 Airbnb ROI: 0.93% Traditional ROI: 3.42%

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%

4297 Crooked Mile Rd

Merritt Island, FL

5 beds | 3 baths | 5,535 sq.ft.

$2,900,000

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%

240 Riverside Ave

Merritt Island, FL

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

$499,900

Airbnb cash on cash: 2.09%

Traditional cash on cash: 6.62%

Airbnb Rental Income: $2133

Traditional Rental Income: $3710

Airbnb ROI: 2.09%

Traditional ROI: 6.62%

680 Sunset Ln

Merritt Island, FL

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

$539,900

Airbnb cash on cash: 1.01%

Traditional cash on cash: 4.88%

Airbnb Rental Income: $2133

Traditional Rental Income: $3544

Airbnb ROI: 1.01%

Traditional ROI: 4.88%

3083 Newfound Harbor Dr

Merritt Island, FL

4 beds | 3 baths | 2,445 sq.ft.

$1,200,000

Airbnb cash on cash: -0.47%

Traditional cash on cash: 1.59%

Airbnb Rental Income: $2133

Traditional Rental Income: $3880

Airbnb ROI: -0.47%

Traditional ROI: 1.59%

135 Richland Ave

Merritt Island, FL

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

4 beds | 3 baths | 2,226 sq.ft.

$659,990

Airbnb cash on cash: 0.69%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $2133

Traditional Rental Income: $3859

Airbnb ROI: 0.69%