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1850 Banana River Dr

Merritt Island, FL 32952

3 bd 2 ba 1,312 sqft Built 1978 Lot 9,148 sqft single_family
Most recent sale
$628,000
Oct 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2025 Listed $649,000 SpaceCoast
Dec 14, 2023 Price changed for rent $2,500 Avail
Dec 8, 2023 Listed for rent $2,950 Avail
Dec 4, 2023 Price changed for rent $2,950 Avail
Nov 16, 2023 Listed for rent $3,500 Avail
Oct 25, 2022 Sold $628,000 MLS #938603
Jul 19, 2022 Price changed $629,000 MLS #938603
Jun 23, 2022 Listed $649,900 MLS #938603
Dec 3, 2021 Sold $365,000 Public Record
Oct 8, 2015 Sold $265,000 MLS #717537
Jun 2, 2015 Price changed $265,000 MLS #717537
Apr 30, 2015 Price changed $275,000 MLS #717537
Feb 10, 2015 Listed $285,000 MLS #717537
Sep 3, 1993 Sold $110,000 Public Record
Apr 1, 1981 Sold $89,300 Public Record
Feb 28, 1973 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $169,430 $300,000 $469,430 $6,279
2024 $169,430 $300,000 $469,430 $6,323
2023 $216,750 $275,000 $491,750 $6,562
2022 $138,910 $275,000 $413,910 $5,417
2021 $260,180 $3,399
2020 $256,590 $3,378
2019 $250,830 $3,336
2018 $246,160 $3,350
2017 $241,100 $3,395
2016 $106,150 $130,000 $236,150 $3,457
2015 $149,710 $2,182
2014 $148,530 $2,194
2013 $143,820 $2,153
2012 $141,420 $1,826
2011 $137,310 $1,755
2010 $135,290 $1,586
2009 $131,740 $1,452
2008 $131,610 $1,451

Property facts

Year built
1978
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,312 sqft
Lot size
9,148 sqft
ZIP code
32952
City
Merritt Island
Street
Banana River Dr
Coordinates
28.39053, -80.66810

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,427
Gross rental yield
4.64%
Implied cap rate
3.01%
Trend-extrapolated value

Frequently asked questions

When did 1850 Banana River Dr last sell?
1850 Banana River Dr most recently sold on Oct 25, 2022 for $628,000.
What is the current tax assessment for 1850 Banana River Dr?
The most recent total assessment for 1850 Banana River Dr (year 2025) is $469,430 with $6,279 in property tax.
How does 1850 Banana River Dr's assessment compare to its last sale price?
The current assessment is 25.3% below the last sale price of $628,000.
When was 1850 Banana River Dr built?
1850 Banana River Dr was built in 1978.
How does 1850 Banana River Dr compare to others on Banana River Dr?
We track 8 other properties on Banana River Dr. Browse the list under "Other properties on Banana River Dr" to compare beds, baths, and sale history.
What are the property facts for 1850 Banana River Dr?
1850 Banana River Dr is a 3 bed, 2 bath, 1,312 sqft, 9,148 sqft lot single_family.
Is 1850 Banana River Dr a flip candidate?
Yes — 1850 Banana River Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1850 Banana River Dr a tax-appeal candidate?
No — 1850 Banana River Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.7%
Implied 1-yr
+6.7%
2026 Q3
$809.3K
2026 Q4
$821.5K
ZIP 32952 — Median Price History + Forecast

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