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250 Banana River Dr

Merritt Island, FL 32952

2 bd 1 ba 912 sqft Built 1964 Lot 2,614 sqft condos
Most recent sale
$260,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 11, 2025 Listing removed $950 SpaceCoast
Apr 8, 2022 Sold $260,000 MLS #924250
Feb 3, 2022 Listed $259,900 MLS #924250
Oct 1, 2015 Listing removed $950 SpaceCoast
Sep 3, 2015 Listed for rent $950 SpaceCoast
Apr 24, 2015 Listing removed $950 SpaceCoast
Mar 19, 2015 Listed for rent $950 SpaceCoast
Feb 20, 2015 Sold $79,000 Public Record
Jul 11, 2011 Listing removed $695 SpaceCoast
Apr 21, 2011 Price changed for rent $695 SpaceCoast
Mar 8, 2011 Listed for rent $750 SpaceCoast
Dec 9, 2010 Sold $53,500 Public Record
Aug 31, 2010 Sold $40,000 MLS #563230
Aug 6, 2010 Relisted $39,900 MLS #563230
Apr 5, 2010 Listing removed $39,900 SpaceCoast
Feb 24, 2010 Listed $39,900 MLS #563230
May 24, 2009 Listing removed $199,000 MiamiMLS
Apr 12, 2009 Listed $199,000 MLS #D1276554
Apr 19, 2007 Sold $200,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $123,830 $123,830 $1,950
2024 $123,830 $123,830 $2,264
2023 $167,430 $167,430 $2,438
2021 $82,830 $82,830 $1,444
2020 $77,460 $77,460 $1,365
2019 $71,460 $1,296
2018 $73,040 $73,040 $1,257
2017 $59,670 $59,670 $1,155
2016 $53,700 $53,700 $1,106
2015 $35,710 $920
2014 $32,470 $822
2013 $29,520 $759
2012 $29,520 $524
2011 $29,520 $524
2010 $29,940 $489
2009 $85,050 $1,310
2008 $170,000 $2,623

Property facts

Year built
1964
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
912 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
$1,687
Gross rental yield
7.79%
Implied cap rate
5.06%
Trend-extrapolated value

Frequently asked questions

When did 250 Banana River Dr last sell?
250 Banana River Dr most recently sold on Apr 8, 2022 for $260,000.
What is the current tax assessment for 250 Banana River Dr?
The most recent total assessment for 250 Banana River Dr (year 2025) is $123,830 with $1,950 in property tax.
How does 250 Banana River Dr's assessment compare to its last sale price?
The current assessment is 52.4% below the last sale price of $260,000.
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, 2,614 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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