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250 Banana River Dr

Merritt Island, FL 32952

1 bd 1 ba 720 sqft Built 1964 Lot 2,614 sqft condos
Most recent sale
$169,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $169,000 MLS #943331
Aug 11, 2022 Listed $169,900 MLS #943331

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $103,750 $103,750 $1,710
2024 $103,750 $103,750 $2,056
2023 $129,980 $129,980 $1,980
2021 $69,650 $1,323
2020 $63,320 $1,243
2019 $57,570 $1,172
2018 $56,040 $56,040 $1,050
2017 $51,140 $51,140 $1,005
2016 $46,030 $46,030 $963
2015 $39,340 $39,340 $905
2014 $27,830 $743
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
1
Beds
1
Baths
1
Living area
720 sqft
Lot size
2,614 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
$1,332
Gross rental yield
9.46%
Implied cap rate
6.15%
Trend-extrapolated value

Frequently asked questions

When did 250 Banana River Dr last sell?
250 Banana River Dr most recently sold on Oct 19, 2022 for $169,000.
What is the current tax assessment for 250 Banana River Dr?
The most recent total assessment for 250 Banana River Dr (year 2025) is $103,750 with $1,710 in property tax.
How does 250 Banana River Dr's assessment compare to its last sale price?
The current assessment is 38.6% below the last sale price of $169,000.
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, 2,614 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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