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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.

35 out of 51 properties for sale in Merritt Island, FL

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Property photo
StellarMLS

$1,050,000

3 bds | 3 ba | 2,236 sqft | built 1987
1585 Sykes Creek Dr, Merritt Island, FL 32953
$-2,879
Cash flow
-14.3%
Cash-on-Cash Return

3.0%
Cap rate
0.5%
Rent to Value Ratio
Property photo
StellarMLS

$410,000

3 bds | 2 ba | 1,786 sqft | built 1997
1184 Potomac Dr, Merritt Island, FL 32952
$-903
Cash flow
-11.5%
Cash-on-Cash Return

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

$799,000

6 bds | 5 ba | 4,112 sqft | built 2012
679 Mandalay Grove Ct, Merritt Island, FL 32953
$-2,183
Cash flow
-14.3%
Cash-on-Cash Return

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

$699,999

4 bds | 2 ba | 1,840 sqft | built 1969
178 Via De La Reina, Merritt Island, FL 32953
$-1,505
Cash flow
-11.2%
Cash-on-Cash Return

3.7%
Cap rate
0.5%
Rent to Value Ratio
Property photo
StellarMLS

$199,000

2 bds | 1 ba | 1,081 sqft | built 1986
225 S Tropical Trl, Merritt Island, FL 32952
$-542
Cash flow
-14.2%
Cash-on-Cash Return

3.0%
Cap rate
0.9%
Rent to Value Ratio
Property photo
StellarMLS

$499,000

3 bds | 3 ba | 2,436 sqft | built 1989
4380 N Tropical Trl, Merritt Island, FL 32953
$-401
Cash flow
-4.2%
Cash-on-Cash Return

5.3%
Cap rate
0.7%
Rent to Value Ratio
Property photo
StellarMLS

$719,000

5 bds | 3 ba | 2,843 sqft | built 2000
440 Mohawk Trl, Merritt Island, FL 32953
$-1,377
Cash flow
-10.0%
Cash-on-Cash Return

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

$279,000

3 bds | 2 ba | 1,352 sqft | built 1961
275 Alaska Rd, Merritt Island, FL 32953
$-237
Cash flow
-4.4%
Cash-on-Cash Return

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

$699,500

3 bds | 2 ba | 2,136 sqft | built 1963
1665 Seashell Dr, Merritt Island, FL 32952
$-1,726
Cash flow
-12.9%
Cash-on-Cash Return

3.3%
Cap rate
0.5%
Rent to Value Ratio
Property photo
StellarMLS

$770,000

3 bds | 3 ba | 1,914 sqft | built 1968
225 Florida Blvd, Merritt Island, FL 32953
$-2,027
Cash flow
-13.7%
Cash-on-Cash Return

3.1%
Cap rate
0.4%
Rent to Value Ratio
Property photo
StellarMLS

$299,900

4 bds | 2 ba | 1,422 sqft | built 1964
95 Melbourne Ave, Merritt Island, FL 32953
$-130
Cash flow
-2.3%
Cash-on-Cash Return

5.7%
Cap rate
0.7%
Rent to Value Ratio
Property photo
StellarMLS

$669,900

3 bds | 2 ba | 2,230 sqft | built 2005
490 Sail Ln, Merritt Island, FL 32953
$-3,655
Cash flow
-28.5%
Cash-on-Cash Return

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

$579,900

3 bds | 2 ba | 2,504 sqft | built 2006
134 Starboard Ln, Merritt Island, FL 32953
$-2,918
Cash flow
-26.3%
Cash-on-Cash Return

0.2%
Cap rate
0.4%
Rent to Value Ratio
Property photo
StellarMLS

$595,000

4 bds | 2 ba | 1,560 sqft | built 1962
1510 Holly Ave, Merritt Island, FL 32952
$-1,169
Cash flow
-10.3%
Cash-on-Cash Return

3.9%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Beaches

$2,000,000

6 bds | 3 ba | 2,648 sqft | built 1901
1605 N Tropical Trl, Merritt Island, FL 32953
$-9,486
Cash flow
-24.7%
Cash-on-Cash Return

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

$544,900

3 bds | 2 ba | 1,850 sqft | built 1984
405 E Hall Rd, Merritt Island, FL 32953
$-1,103
Cash flow
-10.6%
Cash-on-Cash Return

3.8%
Cap rate
0.5%
Rent to Value Ratio
Property photo
StellarMLS

$879,000

4 bds | 2 ba | 2,466 sqft | built 2000
2145 Porpoise St, Merritt Island, FL 32952
$-2,322
Cash flow
-13.8%
Cash-on-Cash Return

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

$780,000

3 bds | 2 ba | 0 sqft | built 1988
445 Diana Blvd, Merritt Island, FL 32953
$-2,181
Cash flow
-14.6%
Cash-on-Cash Return

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

$669,900

4 bds | 2 ba | 2,574 sqft | built 2004
2942 Heritage Cir, Merritt Island, FL 32952
$-1,767
Cash flow
-13.8%
Cash-on-Cash Return

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

$1,299,000

4 bds | 2 ba | 2,464 sqft | built 1960
327 S Tropical Trl, Merritt Island, FL 32952
$-4,188
Cash flow
-16.8%
Cash-on-Cash Return

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

$2,500,000

4 bds | 5 ba | 3,988 sqft | built 1959
106 Victoria St, Merritt Island, FL 32952
$-9,907
Cash flow
-20.7%
Cash-on-Cash Return

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

$925,000

4 bds | 3 ba | 2,504 sqft | built 2000
465 River Moorings Dr, Merritt Island, FL 32953
$-2,722
Cash flow
-15.4%
Cash-on-Cash Return

2.7%
Cap rate
0.4%
Rent to Value Ratio
Property photo
StellarMLS

$574,900

3 bds | 2 ba | 2,202 sqft | built 2002
3495 Sunset Ridge Dr, Merritt Island, FL 32953
$-1,334
Cash flow
-12.1%
Cash-on-Cash Return

3.5%
Cap rate
0.6%
Rent to Value Ratio
Property photo
StellarMLS

$525,000

3 bds | 2 ba | 2,064 sqft | built 2017
4570 Hebron Dr, Merritt Island, FL 32953
$-739
Cash flow
-7.3%
Cash-on-Cash Return

4.6%
Cap rate
0.7%
Rent to Value Ratio
Property photo
StellarMLS

$950,000

4 bds | 4 ba | 3,327 sqft | built 2002
3982 Tradewinds Trl, Merritt Island, FL 32953
$-2,903
Cash flow
-15.9%
Cash-on-Cash Return

2.6%
Cap rate
0.4%
Rent to Value Ratio
Property photo
StellarMLS

$499,900

3 bds | 2 ba | 1,451 sqft | built 2020
202 Ivory Coral Ln, Merritt Island, FL 32953
$-1,533
Cash flow
-16.0%
Cash-on-Cash Return

2.6%
Cap rate
0.8%
Rent to Value Ratio
Property photo
StellarMLS

$335,000

3 bds | 2 ba | 1,376 sqft | built 1963
220 Catalina Isle Dr, Merritt Island, FL 32953
$-312
Cash flow
-4.9%
Cash-on-Cash Return

5.1%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Beaches

$445,000

4 bds | 2 ba | 2,018 sqft | built 1965
290 Eyre Ave, Merritt Island, FL 32953
$-712
Cash flow
-8.3%
Cash-on-Cash Return

4.3%
Cap rate
0.6%
Rent to Value Ratio
Property photo
SEF

$139,400

2 bds | 1 ba | 775 sqft | built 1964
140 Minna Ln, Merritt Island, FL 32953
$-170
Cash flow
-6.4%
Cash-on-Cash Return

4.8%
Cap rate
0.9%
Rent to Value Ratio
Property photo
StellarMLS

$459,000

3 bds | 3 ba | 1,483 sqft | built 2017
211 Ivory Coral Ln, Merritt Island, FL 32953
$-1,432
Cash flow
-16.3%
Cash-on-Cash Return

2.5%
Cap rate
0.7%
Rent to Value Ratio
Property photo
StellarMLS

$579,900

4 bds | 3 ba | 2,266 sqft | built 2020
4765 Hebron Dr, Merritt Island, FL 32953
$-1,247
Cash flow
-11.2%
Cash-on-Cash Return

3.7%
Cap rate
0.6%
Rent to Value Ratio
Property photo
SEF

$574,900

4 bds | 2 ba | 2,070 sqft | built 1987
2185 Sykes Creek Dr, Merritt Island, FL 32953
$-786
Cash flow
-7.1%
Cash-on-Cash Return

4.6%
Cap rate
0.6%
Rent to Value Ratio
Property photo
StellarMLS

$195,000

2 bds | 1 ba | 912 sqft | built 1964
250 N Banana River Dr, Merritt Island, FL 32952
$-229
Cash flow
-6.1%
Cash-on-Cash Return

4.9%
Cap rate
0.9%
Rent to Value Ratio
Property photo
StellarMLS

$299,995

4 bds | 2 ba | 1,600 sqft | built 1965
505 Sawyer Ave, Merritt Island, FL 32953
$-233
Cash flow
-4.1%
Cash-on-Cash Return

5.3%
Cap rate
0.7%
Rent to Value Ratio
Property photo
StellarMLS

$350,000

3 bds | 2 ba | 1,255 sqft | built 1967
2130 Garnet Ct, Merritt Island, FL 32953
$-296
Cash flow
-4.4%
Cash-on-Cash Return

5.2%
Cap rate
0.7%
Rent to Value Ratio