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    Merritt Island, FL Residential Income Properties for Sale

    31 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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    Turnkey Luxury First Floor Unit
    $175,000
    882 SF

    Turnkey Luxury First Floor Unit

    200 Bounty St, Merritt Island, FL 32952

    Fully furnished 3 bed, 2 bath end unit.

    • Turnkey, fully furnished luxury 3 bed, 2 bath end unit.
    • Enjoy maintenance‑free living: monthly fee covers A/C, water heater replacement, water/sewer, trash, and property taxes.
    • Only 4 miles to the beach and surrounded by rivers.
    • Immaculately kept terrazzo flooring throughout (no grout).
    • Remodeled primary bathroom with designer quartz tops and walk‑in closet.
    Updated: Feb 23
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    Updated Co-Op Near Banana River
    $89,900
    550 SF

    Updated Co-Op Near Banana River

    Updated first-floor co-op with community amenities, near Banana River.

    205 Buccaneer Ave, Merritt Island, FL 32952
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    Remodeled Condo Near Beach
    $139,000
    704 SF

    Remodeled Condo Near Beach

    Remodeled condo with open floor plan, near the beach.

    200 Bounty St, Merritt Island, FL 32952
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    Merritt Island Co-op for Sale
    $170,000
    882 SF

    Merritt Island Co-op for Sale

    Three-bedroom, two-bathroom co-op with pool views and resort-style living.

    195 Treasure St, Merritt Island, FL 32952
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    Renovated Merritt Island Apartment
    $135,000
    704 SF

    Renovated Merritt Island Apartment

    Renovated 2-bedroom apartment near Cocoa Beach and Port Canaveral.

    160 Bounty St, 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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    Merritt Island Waterfront Land
    $650,000

    Merritt Island Waterfront Land

    Prime 60,548 sq ft lot, Intracoastal access.

    243719778 Sun Pointe Pl, Merritt Island, FL 32952
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    Riverfront Land, Merritt Island
    $650,000

    Riverfront Land, Merritt Island

    Exclusive gated community, waterfront lot.

    575 River Moorings Dr, Merritt Island, FL 32953
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    Merritt Island Waterfront Land
    $700,000

    Merritt Island Waterfront Land

    Prime Riverfront Land: Build Your Dream

    29xx Newfound Harbor Dr, Merritt Island, FL 32952
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    Merritt Island Mixed-Use Land
    $1,000,000

    Merritt Island Mixed-Use Land

    Prime waterfront land, 16 lots, buildable.

    1615 Stafford Ave, Merritt Island, FL 32952
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    Prime Merritt Island Waterfront Lot
    $735,000

    Prime Merritt Island Waterfront Lot

    Acre lot, Banana River views, dock variance.

    5205 Tropical Trl, Merritt Island, FL 32952
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    Merritt Island Waterfront Land
    $700,000

    Merritt Island Waterfront Land

    Direct riverfront lot; build your dream home.

    29xx Newfound Harbor Dr, Merritt Island, FL 32952
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    Merritt Island Waterfront Land Investment
    $4,250,000

    Merritt Island Waterfront Land Investment

    11.5-Acre Peninsula, Breathtaking Views

    0000 Yount Dr, Merritt Island, FL 32952
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    Merritt Island Commercial Land Parcel
    $449,000

    Merritt Island Commercial Land Parcel

    Riverfront Land: Build Your Dream

    00000 Tropical Tr-S Courtenay Pkwy, Merritt Island, FL 32952
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    Merritt Island Riverfront Land
    $300,000

    Merritt Island Riverfront Land

    5+ Acre Commercial/Residential Lot, Owner Financing

    3450 Courtenay Pkwy, Merritt Island, FL 32952
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    Merritt Island Commercial Land Opportunity
    $339,000

    Merritt Island Commercial Land Opportunity

    Rare Vacant Lot, Dual Zoning, High & Dry

    373 Tropical Trl, Merritt Island, FL 32952
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    Merritt Island Commercial Land
    $359,900

    Merritt Island Commercial Land

    6+ Acre Banana Riverfront Lot

    3190 Courtenay Pkwy, Merritt Island, FL 32953
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    Merritt Island Riverfront Land
    $1,400,000

    Merritt Island Riverfront Land

    1.6-Acre Waterfront Lot, Build Your Dream Home

    5405 Freedom Ln, Merritt Island, FL 32952
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    Merritt Island Waterfront Land
    $1,900,000

    Merritt Island Waterfront Land

    1.47 Acres, Prime Location, Riverfront

    3495 Spartina Ave, Merritt Island, FL 32953
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    Merritt Island Commercial Land - $99,900
    $99,900

    Merritt Island Commercial Land - $99,900

    Prime Acreage, Mixed-Use Potential, Florida

    7515 Patti Dr, Merritt Island, FL 32953
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    Merritt Island Commercial Land
    $205,000

    Merritt Island Commercial Land

    Nearly 5 acres, build your dream!

    475 Pine Island Rd, Merritt Island, FL 32953
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    Merritt Island Canal Front Lot
    $239,900

    Merritt Island Canal Front Lot

    Rare Buildable Canal Lot, Ocean Access

    0000 Plum Ave, Merritt Island, FL 32952
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    Merritt Island Riverfront Estate
    $1,850,000

    Merritt Island Riverfront Estate

    1.5-Acre Waterfront Land, $1.85M

    9405 Tropical Trl, Merritt Island, FL 32952
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    Merritt Island, FL Residential Income Properties Investment Opportunities Market Analysis

    Explore 75 residential income properties for sale in Merritt Island, FL, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 1,702,760 square feet of properties for sale, with an estimated market value of $14,708,900.

    Sale prices for residential income properties in Merritt Island, FL start at $89,900, averaging $1,337,172, and reaching up to $9,980,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Most Searched ZIP Codes in Merritt Island, FL

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    • 32953

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