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Merritt Island, FL Residential Income Properties for Sale

6 results
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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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Merritt Island Co-op
$170,000
882 SF

Merritt Island Co-op

195 Treasure St, Merritt Island, FL 32952

Three-bedroom, two-bathroom co-op with pool views and carport.

  • Low‑cost resort‑style living under $200k with included amenities.
  • Monthly carrying fee covers water, sewer, property taxes, insurance, and exterior maintenance including A/C.
  • Rare first‑floor end unit with pool views from every window.
  • Full‑time on‑site management and maintenance.
  • Newly tiled floors and large walk‑in closet.
Updated: Dec 23, 2025
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Remodeled Duplex in Sea Gate
$649,000
3,104 SF

Remodeled Duplex in Sea Gate

Spacious, remodeled duplex with RV slab in desirable community.

3078 Sea Gate Cir, Merritt Island, FL 32953
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Updated Co-Op Near Banana River
$94,900
550 SF

Updated Co-Op Near Banana River

Updated first-floor co-op unit with deeded carport near Cocoa Beach.

205 Buccaneer Ave, Merritt Island, FL 32952
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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
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Based on your search, we've compiled 54 Potential Opportunities for your consideration. Besides 6 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 44 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
View details
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
Bayshore Court Land Opportunity
$225,000

Bayshore Court Land Opportunity

Prime Rockledge, FL lot, 15,682 sq ft.

60 Bayshore Ct, Rockledge, FL 32955
View details
Rockledge Waterfront Commercial Land
$925,000

Rockledge Waterfront Commercial Land

Prime 70K SF lot, Intracoastal access.

1863 Rockledge Dr, Rockledge, FL 32955
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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 by Request
229 Ligustrum Ln, Merritt Island, FL 32953-5501
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300 Kelly St, Unit 152

300 Kelly St, Unit 152

MOBILE HOME PARK, TRAILER PARK • 612 SF
Value Estimation
$2,935,000
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 by Request
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 by Request
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 by Request
600 Kurek Ct, Merritt Island, FL 32953-4804
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3524 Ashley Ct, Unit 34

3524 Ashley Ct, Unit 34

MOBILE HOME PARK, TRAILER PARK • 300 SF
Value Estimation by Request
3524 Ashley Ct, Merritt Island, FL 32953-8018
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3100 Tropical Trl Lot, Unit 2

3100 Tropical Trl Lot, Unit 2

MOBILE HOME PARK, TRAILER PARK • 276 SF
Value Estimation
$355,000
3100 Tropical Trl Lot, Merritt Island, FL 32952-6006
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485 Tropical Trl

485 Tropical Trl

APARTMENT HOUSE (5+ UNITS) • 9,178 SF
Value Estimation by Request
485 Tropical Trl, Merritt Island, FL 32952-4969
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439 Magnolia Ave

439 Magnolia Ave

APARTMENT HOUSE (5+ UNITS) • 21,666 SF
Value Estimation by Request
439 Magnolia Ave, Merritt Island, FL 32952-4821
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442 Magnolia Ave

442 Magnolia Ave

APARTMENT HOUSE (5+ UNITS) • 18,333 SF
Value Estimation by Request
442 Magnolia Ave, Merritt Island, FL 32952-4869
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1620 Hl Ave

1620 Hl Ave

APARTMENT HOUSE (5+ UNITS) • 6,708 SF
Value Estimation
$170,000
1620 Hl Ave, Merritt Island, FL 32953-4322
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1165 Jordan Rd

1165 Jordan Rd

APARTMENT HOUSE (5+ UNITS) • 7,276 SF
Value Estimation
$9,840,000
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 by Request
1155 Courtenay Pkwy, Merritt Island, FL 32953-4512
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Merritt Island, FL Residential Income Properties Investment Opportunities Market Analysis

Explore 19 residential income properties for sale in Merritt Island, FL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 1,734,994 square feet of properties for sale, with an estimated market value of $15,313,900.

Prices for residential income properties in Merritt Island, FL start at $94,900, averaging $1,531,390, 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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