Merritt Island, FL Investment Properties for Sale
Browse homes for sale and investment properties in Merritt Island, FL. Refine your search by price, property type, or more.
Best cash flowing properties in Merritt Island, FL

Active

$245,000
3
bds
|
2
ba
|
1,100
sqft
|
built
1968
280 Palm Blvd, Merritt Island, FL 32952
$38
Cash flow
0.8%
Cash-on-Cash Return
6.3%
Cap rate
0.9%
Rent to Value Ratio

Active

$288,000
4
bds
|
2
ba
|
1,600
sqft
|
built
1965
505 Sawyer Ave, Merritt Island, FL 32953
$-142
Cash flow
-2.6%
Cash-on-Cash Return
5.6%
Cap rate
0.8%
Rent to Value Ratio
38 out of 42 properties for sale in Merritt Island, FL
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Active

$3,495,000
5
bds
|
4
ba
|
5,611
sqft
|
built
1925
3775 S Tropical Trl, Merritt Island, FL 32952
$-14,777
Cash flow
-22.1%
Cash-on-Cash Return
1.1%
Cap rate
0.2%
Rent to Value Ratio

Active

$224,900
2
bds
|
1
ba
|
912
sqft
|
built
1964
250 N Banana River Dr, Merritt Island, FL 32952
$-341
Cash flow
-7.9%
Cash-on-Cash Return
4.3%
Cap rate
0.6%
Rent to Value Ratio

Active

$659,900
4
bds
|
3
ba
|
2,626
sqft
|
built
1997
2703 Barrow Dr, Merritt Island, FL 32952
$-1,196
Cash flow
-9.5%
Cash-on-Cash Return
4.0%
Cap rate
0.5%
Rent to Value Ratio

Active

$1,695,000
5
bds
|
4
ba
|
5,615
sqft
|
built
1989
397 Milford Point Dr, Merritt Island, FL 32952
$-6,544
Cash flow
-20.1%
Cash-on-Cash Return
1.5%
Cap rate
0.3%
Rent to Value Ratio

Active

$379,000
3
bds
|
2
ba
|
1,730
sqft
|
built
1966
285 Hickory Ave, Merritt Island, FL 32953
$-662
Cash flow
-9.1%
Cash-on-Cash Return
4.0%
Cap rate
0.6%
Rent to Value Ratio

Active

$499,000
4
bds
|
3
ba
|
2,814
sqft
|
built
1965
445 Pine Blvd, Merritt Island, FL 32952
$-829
Cash flow
-8.7%
Cash-on-Cash Return
4.2%
Cap rate
0.5%
Rent to Value Ratio

Active

$245,000
3
bds
|
2
ba
|
1,100
sqft
|
built
1968
280 Palm Blvd, Merritt Island, FL 32952
$38
Cash flow
0.8%
Cash-on-Cash Return
6.3%
Cap rate
0.9%
Rent to Value Ratio

Active

$1,510,000
5
bds
|
4
ba
|
2,802
sqft
|
built
1978
1325 Newfound Harbor Dr, Merritt Island, FL 32952
$-5,313
Cash flow
-18.4%
Cash-on-Cash Return
1.9%
Cap rate
0.3%
Rent to Value Ratio

Active

$1,025,000
3
bds
|
3
ba
|
2,236
sqft
|
built
1987
1585 Sykes Creek Dr, Merritt Island, FL 32953
$-2,648
Cash flow
-13.5%
Cash-on-Cash Return
3.0%
Cap rate
0.5%
Rent to Value Ratio

Active

$635,000
4
bds
|
2
ba
|
1,840
sqft
|
built
1969
178 Via De La Reina, Merritt Island, FL 32953
$-1,103
Cash flow
-9.1%
Cash-on-Cash Return
4.1%
Cap rate
0.5%
Rent to Value Ratio

Active

$775,000
6
bds
|
5
ba
|
4,112
sqft
|
built
2012
679 Mandalay Grove Ct, Merritt Island, FL 32953
$-1,982
Cash flow
-13.3%
Cash-on-Cash Return
3.1%
Cap rate
0.5%
Rent to Value Ratio

Active

$330,000
4
bds
|
2
ba
|
1,512
sqft
|
built
1957
245 Le Jeune Dr, Merritt Island, FL 32953
$-391
Cash flow
-6.2%
Cash-on-Cash Return
4.7%
Cap rate
0.7%
Rent to Value Ratio

Active

$189,900
2
bds
|
1
ba
|
1,081
sqft
|
built
1986
225 S Tropical Trl, Merritt Island, FL 32952
$-476
Cash flow
-13.1%
Cash-on-Cash Return
3.1%
Cap rate
0.9%
Rent to Value Ratio

Active

$470,000
3
bds
|
3
ba
|
2,436
sqft
|
built
1989
4380 N Tropical Trl, Merritt Island, FL 32953
$-204
Cash flow
-2.3%
Cash-on-Cash Return
5.6%
Cap rate
0.7%
Rent to Value Ratio

Active

$719,000
5
bds
|
3
ba
|
2,843
sqft
|
built
2000
440 Mohawk Trl, Merritt Island, FL 32953
$-1,306
Cash flow
-9.5%
Cash-on-Cash Return
4.0%
Cap rate
0.5%
Rent to Value Ratio

Active

$699,999
3
bds
|
3
ba
|
1,914
sqft
|
built
1968
225 Florida Blvd, Merritt Island, FL 32953
$-1,593
Cash flow
-11.9%
Cash-on-Cash Return
3.4%
Cap rate
0.5%
Rent to Value Ratio

Active

$669,900
3
bds
|
2
ba
|
2,230
sqft
|
built
2005
490 Sail Ln, Merritt Island, FL 32953
$-3,590
Cash flow
-28.0%
Cash-on-Cash Return
-0.3%
Cap rate
0.3%
Rent to Value Ratio

Active

$499,900
3
bds
|
2
ba
|
2,504
sqft
|
built
2006
134 Starboard Ln, Merritt Island, FL 32953
$-2,451
Cash flow
-25.6%
Cash-on-Cash Return
0.3%
Cap rate
0.5%
Rent to Value Ratio

Closed

$2,000,000
6
bds
|
3
ba
|
2,648
sqft
|
built
1901
1605 N Tropical Trl, Merritt Island, FL 32953
$-9,290
Cash flow
-24.2%
Cash-on-Cash Return
0.6%
Cap rate
0.1%
Rent to Value Ratio

Active

$879,000
4
bds
|
2
ba
|
2,466
sqft
|
built
2000
2145 Porpoise St, Merritt Island, FL 32952
$-2,236
Cash flow
-13.3%
Cash-on-Cash Return
3.1%
Cap rate
0.5%
Rent to Value Ratio

Active

$780,000
3
bds
|
2
ba
|
0
sqft
|
built
1988
445 Diana Blvd, Merritt Island, FL 32953
$-2,105
Cash flow
-14.1%
Cash-on-Cash Return
2.9%
Cap rate
0.5%
Rent to Value Ratio

Active

$649,000
4
bds
|
2
ba
|
2,574
sqft
|
built
2004
2942 Heritage Cir, Merritt Island, FL 32952
$-1,595
Cash flow
-12.8%
Cash-on-Cash Return
3.2%
Cap rate
0.5%
Rent to Value Ratio

Active

$1,299,000
4
bds
|
2
ba
|
2,464
sqft
|
built
1960
327 S Tropical Trl, Merritt Island, FL 32952
$-4,060
Cash flow
-16.3%
Cash-on-Cash Return
2.4%
Cap rate
0.3%
Rent to Value Ratio

Active

$2,500,000
4
bds
|
5
ba
|
3,988
sqft
|
built
1959
106 Victoria St, Merritt Island, FL 32952
$-9,661
Cash flow
-20.2%
Cash-on-Cash Return
1.5%
Cap rate
0.2%
Rent to Value Ratio

Active

$875,000
4
bds
|
3
ba
|
2,504
sqft
|
built
2000
465 River Moorings Dr, Merritt Island, FL 32953
$-2,375
Cash flow
-14.2%
Cash-on-Cash Return
2.9%
Cap rate
0.5%
Rent to Value Ratio

Active

$519,000
3
bds
|
2
ba
|
2,021
sqft
|
built
1994
3580 Savannahs Trl, Merritt Island, FL 32953
$-886
Cash flow
-8.9%
Cash-on-Cash Return
4.1%
Cap rate
0.6%
Rent to Value Ratio

Active

$559,900
3
bds
|
2
ba
|
2,202
sqft
|
built
2002
3495 Sunset Ridge Dr, Merritt Island, FL 32953
$-1,201
Cash flow
-11.2%
Cash-on-Cash Return
3.6%
Cap rate
0.6%
Rent to Value Ratio

Active

$499,900
3
bds
|
2
ba
|
1,451
sqft
|
built
2020
202 Ivory Coral Ln, Merritt Island, FL 32953
$-1,484
Cash flow
-15.5%
Cash-on-Cash Return
2.6%
Cap rate
0.8%
Rent to Value Ratio

Active under contract

$435,000
4
bds
|
2
ba
|
2,018
sqft
|
built
1965
290 Eyre Ave, Merritt Island, FL 32953
$-617
Cash flow
-7.4%
Cash-on-Cash Return
4.4%
Cap rate
0.6%
Rent to Value Ratio

Active

$459,000
3
bds
|
3
ba
|
1,483
sqft
|
built
2017
211 Ivory Coral Ln, Merritt Island, FL 32953
$-1,387
Cash flow
-15.8%
Cash-on-Cash Return
2.5%
Cap rate
0.7%
Rent to Value Ratio

Active

$564,900
4
bds
|
2
ba
|
2,070
sqft
|
built
1987
2185 Sykes Creek Dr, Merritt Island, FL 32953
$-679
Cash flow
-6.3%
Cash-on-Cash Return
4.7%
Cap rate
0.6%
Rent to Value Ratio

Active

$495,000
4
bds
|
2
ba
|
1,758
sqft
|
built
1968
265 Inlet Ave, Merritt Island, FL 32953
$-1,026
Cash flow
-10.8%
Cash-on-Cash Return
3.7%
Cap rate
0.6%
Rent to Value Ratio

Active

$184,900
2
bds
|
1
ba
|
912
sqft
|
built
1964
250 N Banana River Dr, Merritt Island, FL 32952
$-158
Cash flow
-4.5%
Cash-on-Cash Return
5.1%
Cap rate
1.0%
Rent to Value Ratio

Active

$288,000
4
bds
|
2
ba
|
1,600
sqft
|
built
1965
505 Sawyer Ave, Merritt Island, FL 32953
$-142
Cash flow
-2.6%
Cash-on-Cash Return
5.6%
Cap rate
0.8%
Rent to Value Ratio

Active

$350,000
3
bds
|
2
ba
|
1,255
sqft
|
built
1967
2130 Garnet Ct, Merritt Island, FL 32953
$-262
Cash flow
-3.9%
Cash-on-Cash Return
5.2%
Cap rate
0.7%
Rent to Value Ratio

Active

$555,000
3
bds
|
2
ba
|
1,169
sqft
|
built
2022
202 Ivory Coral Ln, Merritt Island, FL 32953
$-864
Cash flow
-8.1%
Cash-on-Cash Return
4.3%
Cap rate
0.6%
Rent to Value Ratio

Pending

$469,900
3
bds
|
2
ba
|
1,250
sqft
|
built
1977
1320 Johns Cir, Merritt Island, FL 32952
$-758
Cash flow
-8.4%
Cash-on-Cash Return
4.2%
Cap rate
0.6%
Rent to Value Ratio

Active

$479,000
4
bds
|
3
ba
|
0
sqft
|
built
2022
221 Ivory Coral Ln, Merritt Island, FL 32953
$-1,170
Cash flow
-12.7%
Cash-on-Cash Return
3.2%
Cap rate
0.7%
Rent to Value Ratio