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Beds/Baths

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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.

38 out of 42 properties for sale in Merritt Island, FL

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Property photo
Active
StellarMLS

$3,495,000

5 bds | 4 ba | 5,611 sqft | built 1925
3775 S Tropical Trl, Merritt Island, FL 32952
$-15,176
Cash flow
-22.7%
Cash-on-Cash Return

1.1%
Cap rate
0.2%
Rent to Value Ratio
Property photo
Active
StellarMLS

$224,900

2 bds | 1 ba | 912 sqft | built 1964
250 N Banana River Dr, Merritt Island, FL 32952
$-367
Cash flow
-8.5%
Cash-on-Cash Return

4.3%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
StellarMLS

$659,900

4 bds | 3 ba | 2,626 sqft | built 1997
2703 Barrow Dr, Merritt Island, FL 32952
$-1,272
Cash flow
-10.1%
Cash-on-Cash Return

4.0%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
StellarMLS

$1,695,000

5 bds | 4 ba | 5,615 sqft | built 1989
397 Milford Point Dr, Merritt Island, FL 32952
$-6,737
Cash flow
-20.7%
Cash-on-Cash Return

1.5%
Cap rate
0.3%
Rent to Value Ratio
Property photo
Active
StellarMLS

$379,000

3 bds | 2 ba | 1,730 sqft | built 1966
285 Hickory Ave, Merritt Island, FL 32953
$-706
Cash flow
-9.7%
Cash-on-Cash Return

4.0%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
StellarMLS

$499,000

4 bds | 3 ba | 2,814 sqft | built 1965
445 Pine Blvd, Merritt Island, FL 32952
$-886
Cash flow
-9.3%
Cash-on-Cash Return

4.2%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
SEF

$245,000

3 bds | 2 ba | 1,100 sqft | built 1968
280 Palm Blvd, Merritt Island, FL 32952
$10
Cash flow
0.2%
Cash-on-Cash Return

6.3%
Cap rate
0.9%
Rent to Value Ratio
Property photo
Active
StellarMLS

$1,510,000

5 bds | 4 ba | 2,802 sqft | built 1978
1325 Newfound Harbor Dr, Merritt Island, FL 32952
$-5,485
Cash flow
-19.0%
Cash-on-Cash Return

1.9%
Cap rate
0.3%
Rent to Value Ratio
Property photo
Active
StellarMLS

$1,025,000

3 bds | 3 ba | 2,236 sqft | built 1987
1585 Sykes Creek Dr, Merritt Island, FL 32953
$-2,765
Cash flow
-14.1%
Cash-on-Cash Return

3.0%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
Beaches

$635,000

4 bds | 2 ba | 1,840 sqft | built 1969
178 Via De La Reina, Merritt Island, FL 32953
$-1,175
Cash flow
-9.7%
Cash-on-Cash Return

4.1%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
StellarMLS

$775,000

6 bds | 5 ba | 4,112 sqft | built 2012
679 Mandalay Grove Ct, Merritt Island, FL 32953
$-2,070
Cash flow
-13.9%
Cash-on-Cash Return

3.1%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
StellarMLS

$330,000

4 bds | 2 ba | 1,512 sqft | built 1957
245 Le Jeune Dr, Merritt Island, FL 32953
$-429
Cash flow
-6.8%
Cash-on-Cash Return

4.7%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
StellarMLS

$189,900

2 bds | 1 ba | 1,081 sqft | built 1986
225 S Tropical Trl, Merritt Island, FL 32952
$-497
Cash flow
-13.7%
Cash-on-Cash Return

3.1%
Cap rate
0.9%
Rent to Value Ratio
Property photo
Active
StellarMLS

$470,000

3 bds | 3 ba | 2,436 sqft | built 1989
4380 N Tropical Trl, Merritt Island, FL 32953
$-257
Cash flow
-2.9%
Cash-on-Cash Return

5.6%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
StellarMLS

$719,000

5 bds | 3 ba | 2,843 sqft | built 2000
440 Mohawk Trl, Merritt Island, FL 32953
$-1,388
Cash flow
-10.1%
Cash-on-Cash Return

4.0%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
StellarMLS

$699,999

3 bds | 3 ba | 1,914 sqft | built 1968
225 Florida Blvd, Merritt Island, FL 32953
$-1,673
Cash flow
-12.5%
Cash-on-Cash Return

3.4%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
StellarMLS

$669,900

3 bds | 2 ba | 2,230 sqft | built 2005
490 Sail Ln, Merritt Island, FL 32953
$-3,666
Cash flow
-28.6%
Cash-on-Cash Return

-0.3%
Cap rate
0.3%
Rent to Value Ratio
Property photo
Active
StellarMLS

$499,900

3 bds | 2 ba | 2,504 sqft | built 2006
134 Starboard Ln, Merritt Island, FL 32953
$-2,508
Cash flow
-26.2%
Cash-on-Cash Return

0.3%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Closed
Beaches

$2,000,000

6 bds | 3 ba | 2,648 sqft | built 1901
1605 N Tropical Trl, Merritt Island, FL 32953
$-9,518
Cash flow
-24.8%
Cash-on-Cash Return

0.6%
Cap rate
0.1%
Rent to Value Ratio
Property photo
Active
StellarMLS

$879,000

4 bds | 2 ba | 2,466 sqft | built 2000
2145 Porpoise St, Merritt Island, FL 32952
$-2,336
Cash flow
-13.9%
Cash-on-Cash Return

3.1%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
SEF

$780,000

3 bds | 2 ba | 0 sqft | built 1988
445 Diana Blvd, Merritt Island, FL 32953
$-2,194
Cash flow
-14.7%
Cash-on-Cash Return

2.9%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
StellarMLS

$649,000

4 bds | 2 ba | 2,574 sqft | built 2004
2942 Heritage Cir, Merritt Island, FL 32952
$-1,669
Cash flow
-13.4%
Cash-on-Cash Return

3.2%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
StellarMLS

$1,299,000

4 bds | 2 ba | 2,464 sqft | built 1960
327 S Tropical Trl, Merritt Island, FL 32952
$-4,209
Cash flow
-16.9%
Cash-on-Cash Return

2.4%
Cap rate
0.3%
Rent to Value Ratio
Property photo
Active
StellarMLS

$2,500,000

4 bds | 5 ba | 3,988 sqft | built 1959
106 Victoria St, Merritt Island, FL 32952
$-9,947
Cash flow
-20.8%
Cash-on-Cash Return

1.5%
Cap rate
0.2%
Rent to Value Ratio
Property photo
Active
StellarMLS

$875,000

4 bds | 3 ba | 2,504 sqft | built 2000
465 River Moorings Dr, Merritt Island, FL 32953
$-2,475
Cash flow
-14.8%
Cash-on-Cash Return

2.9%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
StellarMLS

$519,000

3 bds | 2 ba | 2,021 sqft | built 1994
3580 Savannahs Trl, Merritt Island, FL 32953
$-945
Cash flow
-9.5%
Cash-on-Cash Return

4.1%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
StellarMLS

$559,900

3 bds | 2 ba | 2,202 sqft | built 2002
3495 Sunset Ridge Dr, Merritt Island, FL 32953
$-1,265
Cash flow
-11.8%
Cash-on-Cash Return

3.6%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
StellarMLS

$499,900

3 bds | 2 ba | 1,451 sqft | built 2020
202 Ivory Coral Ln, Merritt Island, FL 32953
$-1,541
Cash flow
-16.1%
Cash-on-Cash Return

2.6%
Cap rate
0.8%
Rent to Value Ratio
Property photo
Active under contract
Beaches

$435,000

4 bds | 2 ba | 2,018 sqft | built 1965
290 Eyre Ave, Merritt Island, FL 32953
$-667
Cash flow
-8.0%
Cash-on-Cash Return

4.4%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
StellarMLS

$459,000

3 bds | 3 ba | 1,483 sqft | built 2017
211 Ivory Coral Ln, Merritt Island, FL 32953
$-1,440
Cash flow
-16.4%
Cash-on-Cash Return

2.5%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
SEF

$564,900

4 bds | 2 ba | 2,070 sqft | built 1987
2185 Sykes Creek Dr, Merritt Island, FL 32953
$-743
Cash flow
-6.9%
Cash-on-Cash Return

4.7%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
StellarMLS

$495,000

4 bds | 2 ba | 1,758 sqft | built 1968
265 Inlet Ave, Merritt Island, FL 32953
$-1,082
Cash flow
-11.4%
Cash-on-Cash Return

3.7%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
StellarMLS

$184,900

2 bds | 1 ba | 912 sqft | built 1964
250 N Banana River Dr, Merritt Island, FL 32952
$-179
Cash flow
-5.1%
Cash-on-Cash Return

5.1%
Cap rate
1.0%
Rent to Value Ratio
Property photo
Active
StellarMLS

$288,000

4 bds | 2 ba | 1,600 sqft | built 1965
505 Sawyer Ave, Merritt Island, FL 32953
$-175
Cash flow
-3.2%
Cash-on-Cash Return

5.6%
Cap rate
0.8%
Rent to Value Ratio
Property photo
Active
StellarMLS

$350,000

3 bds | 2 ba | 1,255 sqft | built 1967
2130 Garnet Ct, Merritt Island, FL 32953
$-302
Cash flow
-4.5%
Cash-on-Cash Return

5.2%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
StellarMLS

$555,000

3 bds | 2 ba | 1,169 sqft | built 2022
202 Ivory Coral Ln, Merritt Island, FL 32953
$-927
Cash flow
-8.7%
Cash-on-Cash Return

4.3%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Pending
StellarMLS

$469,900

3 bds | 2 ba | 1,250 sqft | built 1977
1320 Johns Cir, Merritt Island, FL 32952
$-812
Cash flow
-9.0%
Cash-on-Cash Return

4.2%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
SEF

$479,000

4 bds | 3 ba | 0 sqft | built 2022
221 Ivory Coral Ln, Merritt Island, FL 32953
$-1,224
Cash flow
-13.3%
Cash-on-Cash Return

3.2%
Cap rate
0.7%
Rent to Value Ratio