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250 Banana River Dr

Merritt Island, FL 32952

1 bd 1 ba 720 sqft Built 1964 Lot 2,178 sqft condos
Most recent sale
$109,000
Mar 5, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Price changed $172,500 MLS #941399
Jul 22, 2022 Listed $179,900 MLS #941399
Mar 5, 2021 Sold $109,000 MLS #894562
Aug 24, 2015 Sold $44,189 MLS #729503
Jul 7, 2015 Listed $31,400 MLS #729503
May 5, 2014 Listed $22,000 MLS #695947
Feb 12, 2007 Sold $179,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $65,400 $1,292
2020 $59,460 $1,160
2019 $54,060 $1,091
2018 $49,150 $49,150 $982
2017 $51,140 $51,140 $1,030
2016 $46,030 $46,030 $987
2015 $39,340 $39,340 $905
2014 $30,130 $764
2013 $25,300 $687
2012 $25,300 $449
2011 $25,300 $450
2010 $25,660 $420
2009 $72,900 $1,123
2008 $146,000 $2,253

Property facts

Year built
1964
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
720 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
$654
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 250 Banana River Dr last sell?
250 Banana River Dr most recently sold on Mar 5, 2021 for $109,000.
What is the current tax assessment for 250 Banana River Dr?
The most recent total assessment for 250 Banana River Dr (year 2021) is $65,400 with $1,292 in property tax.
How does 250 Banana River Dr's assessment compare to its last sale price?
The current assessment is 40.0% below the last sale price of $109,000.
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 1 bed, 1 bath, 720 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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