Short Term Rental
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Merritt Island, FL Short Term Rental Properties for Sale

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Waterfront Residential Income Condo
Updated: Aug 20
Waterfront Residential Income Condo

202 Ivory Coral Ln #302, Merritt Island, FL 32953

$494,900
1,266 sqft
1,266 SF waterfront condominium built in 2020
Fully furnished residence along the Canaveral Barge Canal
Marina access with boat access to the port and ocean
Onsite property management handles marketing and maintenance
Under‑building parking, heated swimming pool, and fitness center
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Merritt Island, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Waterfront Multifamily Compound
Waterfront Multifamily Compound

241 Indian River Drive, Cocoa, FL 32922

$2,300,000
6,073 sqft 0.72 AC lot

Four residences offer refined finishes, river access, and flexible income-producing use in a cohesive waterfront setting.

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Furnished Multifamily Compound with Warehouse
Furnished Multifamily Compound with Warehouse

222 Rosa L Jones Drive, Cocoa, FL 32922

$695,000
3,600 sqft 0.32 AC lot

Furnished residences, a detached cottage, and a conditioned warehouse create a flexible income-producing property.

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Furnished Coastal Triplex
Furnished Coastal Triplex

315 Arthur Avenue, Cocoa Beach, FL 32931

$625,000
1,590 sqft 0.10 AC lot

Three furnished one-bedroom units with private courtyards, rear accessory buildings, and walkable access to the beach and nearby amenities.

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Furnished Triplex Near Beach
Furnished Triplex Near Beach

315 Arthur Ave, Cocoa Beach, FL 32931

$625,000
1,590 sqft

Three furnished rental units with private courtyards, supplemental outbuildings, and walkable access to coastal amenities.

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Merritt Island, FL Short Term Rental Properties Market Trends and Statistics

Explore 1 short term rental properties for sale in Merritt Island, FL on our real estate platform. These investment opportunities span a total of 1,266 square feet of properties for sale, with an estimated market value of $494,900.

Sale prices for short term rental properties in Merritt Island, FL average $494,900 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Mobile home & RV parks 1
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 46K
Population Growth (5Y) +2.9%
Median Household Income $90,907
College Educated 37.7%

High-Yield Neighborhoods for Investment

Identify Merritt Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32953 $494.9K

Taxes & Financing

Tax Rate (average for all types) 1.03%
Property Tax per SF $25.97 per SF
Tax Rate vs County Average 0.32 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Brevard County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Brevard County

Office

Residential Income

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