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250 Banana River Dr

Merritt Island, FL 32952

2 bd 1 ba 912 sqft Built 1964 Lot 2,178 sqft condos
Most recent sale
$210,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 11, 2025 Listing removed $1,000 SpaceCoast
Feb 1, 2025 Listing removed $1,000 SpaceCoast
Mar 28, 2024 Sold $180,000 SpaceCoast
Jul 8, 2022 Sold $210,000 MLS #931866
May 21, 2022 Price changed $222,900 MLS #931866
Apr 18, 2022 Listed $225,000 MLS #931866
Apr 29, 2017 Listing removed $1,100 SpaceCoast
Apr 19, 2017 Listing removed $1,000 SpaceCoast
Apr 15, 2016 Listing removed $1,000 SpaceCoast
Mar 28, 2016 Sold $69,000 Public Record
Mar 25, 2016 Listed for rent $1,000 SpaceCoast
Oct 30, 2015 Listing removed $55,000 StellarMLS
Sep 11, 2014 Listed $55,000 MLS #O5318887
Mar 30, 2007 Sold $173,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $120,830 $120,830 $1,915
2024 $120,830 $120,830 $1,793
2023 $164,430 $164,430 $1,949
2022 $88,530 $1,693
2021 $80,490 $80,490 $1,414
2020 $75,280 $75,280 $1,336
2019 $68,750 $1,263
2018 $70,980 $70,980 $1,224
2017 $56,820 $56,820 $1,118
2016 $51,140 $51,140 $1,066
2015 $28,750 $325
2014 $28,530 $323
2013 $28,110 $307
2012 $28,110 $55
2011 $28,110 $55
2010 $28,510 $57
2009 $81,000 $1,247
2008 $162,000 $2,499

Property facts

Year built
1964
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
912 sqft
Lot size
2,178 sqft
ZIP code
32952
City
Merritt Island
Street
Banana River Dr
Coordinates
28.36023, -80.66416

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
$1,687
Gross rental yield
9.64%
Implied cap rate
6.27%
Trend-extrapolated value

Frequently asked questions

When did 250 Banana River Dr last sell?
250 Banana River Dr most recently sold on Jul 8, 2022 for $210,000.
What is the current tax assessment for 250 Banana River Dr?
The most recent total assessment for 250 Banana River Dr (year 2025) is $120,830 with $1,915 in property tax.
How does 250 Banana River Dr's assessment compare to its last sale price?
The current assessment is 42.5% below the last sale price of $210,000.
When was 250 Banana River Dr built?
250 Banana River Dr was built in 1964.
How does 250 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 250 Banana River Dr?
250 Banana River Dr is a 2 bed, 1 bath, 912 sqft, 2,178 sqft lot condos.
Is 250 Banana River Dr a flip candidate?
No — 250 Banana River Dr does not appear in our flips dataset.
Is 250 Banana River Dr a tax-appeal candidate?
No — 250 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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