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    Merritt Island, FL Multifamily Properties for Sale

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    Merritt Island Multifamily Investment Opportunity
    $395,000
    2,243 SF

    Merritt Island Multifamily Investment Opportunity

    347 W Merritt Ave, Merritt Island, FL 32953

    Duplex with triplex conversion potential near schools, shopping, and restaurants.

    • Potential for immediate income generation as a duplex.
    • Easily convertible back to a triplex for increased rental income potential.
    • Includes a spacious 2‑bedroom, 1‑bath unit, plus two 1‑bedroom, 1‑bath units (in triplex configuration).
    • Conveniently located less than two miles from all schools and blocks from Mila Elementary.
    • Proximity to shopping and restaurants.
    Updated: Dec 31, 2025
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    Remodeled Duplex in Sea Gate
    $649,000
    3,104 SF

    Remodeled Duplex in Sea Gate

    3078 Sea Gate Cir, Merritt Island, FL 32953

    Spacious, remodeled duplex with RV slab in desirable community.

    • Completely remodeled duplex in the desirable Sea Gate Circle community.
    • New septic system (2023) and roof (2017) and newer AC units (2020 & 2024).
    • Impact windows with additional hurricane shutters for enhanced storm protection.
    • Full RV slab with hook‑up adds exceptional versatility and value.
    • Each unit features a large, open eat‑in kitchen and generously sized bedrooms.
    Updated: Dec 15, 2025
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    Income-Producing Duplex on Spacious Lot
    $400,000
    2,523 SF

    Income-Producing Duplex on Spacious Lot

    Two independent residences, well-maintained with rental income potential.

    1685 Savana Dr, Merritt Island, FL 32952
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    Merritt Island Multifamily Unit
    $125,000
    704 SF

    Merritt Island Multifamily Unit

    Well-maintained 2-bedroom end unit with modern upgrades and community amenities.

    215 Buccaneer Ave, Merritt Island, FL 32952
    View details
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 4 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Cocoa Apartment Building
    $1,700,000

    Prime Cocoa Apartment Building

    16-unit complex, near Cocoa Beach

    150 Peachtree St, Cocoa, FL 32922
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    Cocoa Multifamily Apartment Complex
    $1,425,000
    5,450 SF

    Cocoa Multifamily Apartment Complex

    12-unit apartment complex near Cocoa Village and Indian River.

    150 Peachtree St, Cocoa, FL 32922
    View details
    Cape Canaveral Condo Development Opportunity
    $8,750,000
    2.48 Acres

    Cape Canaveral Condo Development Opportunity

    20-acre development with 7 build-ready condo pads near the port.

    8955 Puerto Del Rio Dr, Cape Canaveral, FL 32920
    View details
    Cape Canaveral Beach Multifamily Lot
    $697,700

    Cape Canaveral Beach Multifamily Lot

    Prime Beach Location, Build 4 Units!

    227 Johnson Ave, Cape Canaveral, FL 32920
    View details

    Explore Off-Market Properties in Merritt Island, FL

    Consider similar Off-Market properties in Merritt Island, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    229 Ligustrum Ln

    229 Ligustrum Ln

    APARTMENT HOUSE (5+ UNITS) • 11,520 SF
    Value Estimation
    $855,000
    229 Ligustrum Ln, Merritt Island, FL 32953-5501
    View details
    300 Kelly St, Unit 152

    300 Kelly St, Unit 152

    MOBILE HOME PARK, TRAILER PARK • 612 SF
    Value Estimation
    $2,995,000
    300 Kelly St, Merritt Island, FL 32953-6734
    View details
    88 Skylark Ave, Unit 1000

    88 Skylark Ave, Unit 1000

    APARTMENT HOUSE (5+ UNITS) • 83,600 SF
    Value Estimation
    $850,000
    88 Skylark Ave, Merritt Island, FL 32953-3206
    View details
    1065 Loring Dr

    1065 Loring Dr

    APARTMENT HOUSE (5+ UNITS) • 9,008 SF
    Value Estimation
    $520,000
    1065 Loring Dr, Merritt Island, FL 32953-2506
    View details
    600 Kurek Ct, Unit 118

    600 Kurek Ct, Unit 118

    APARTMENT HOUSE (5+ UNITS) • 46,369 SF
    Value Estimation
    $1,195,000
    600 Kurek Ct, Merritt Island, FL 32953-4804
    View details
    3524 Ashley Ct, Unit 34

    3524 Ashley Ct, Unit 34

    MOBILE HOME PARK, TRAILER PARK • 300 SF
    Value Estimation
    $440,000
    3524 Ashley Ct, Merritt Island, FL 32953-8018
    View details
    3100 Tropical Trl Lot, Unit 2

    3100 Tropical Trl Lot, Unit 2

    MOBILE HOME PARK, TRAILER PARK • 276 SF
    Value Estimation
    $310,000
    3100 Tropical Trl Lot, Merritt Island, FL 32952-6006
    View details
    485 Tropical Trl

    485 Tropical Trl

    APARTMENT HOUSE (5+ UNITS) • 9,178 SF
    Value Estimation
    $315,000
    485 Tropical Trl, Merritt Island, FL 32952-4969
    View details
    439 Magnolia Ave

    439 Magnolia Ave

    APARTMENT HOUSE (5+ UNITS) • 21,666 SF
    Value Estimation
    $650,000
    439 Magnolia Ave, Merritt Island, FL 32952-4821
    View details
    442 Magnolia Ave

    442 Magnolia Ave

    APARTMENT HOUSE (5+ UNITS) • 18,333 SF
    Value Estimation
    $325,000
    442 Magnolia Ave, Merritt Island, FL 32952-4869
    View details
    1620 Hl Ave

    1620 Hl Ave

    APARTMENT HOUSE (5+ UNITS) • 6,708 SF
    Value Estimation
    $195,000
    1620 Hl Ave, Merritt Island, FL 32953-4322
    View details
    1165 Jordan Rd

    1165 Jordan Rd

    APARTMENT HOUSE (5+ UNITS) • 7,276 SF
    Value Estimation
    $9,860,000
    1165 Jordan Rd, Merritt Island, FL 32953-4416
    View details
    1155 Courtenay Pkwy

    1155 Courtenay Pkwy

    APARTMENT HOUSE (5+ UNITS) • 34,494 SF
    Value Estimation
    $555,000
    1155 Courtenay Pkwy, Merritt Island, FL 32953-4512
    View details

    Merritt Island, FL Multifamily Properties Investment Opportunities Market Analysis

    Explore 17 multifamily properties for sale in Merritt Island, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,730,638 square feet of properties for sale, with an estimated market value of $15,049,000.

    Prices for multifamily properties in Merritt Island, FL start at $125,000, averaging $1,881,125, and reaching up to $9,980,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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