481 Banana River Dr
Merritt Island, FL 32952
2 bd 1 ba 806 sqft Built 1956 Lot 7,405 sqft single_family
Most recent sale
$320,000
May 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 20, 2022 | Sold | $320,000 | MLS #928722 |
| Mar 5, 2022 | Listed | $349,000 | MLS #928722 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $54,520 | $175,000 | $229,520 | $3,323 |
| 2024 | $54,520 | $175,000 | $229,520 | $3,280 |
| 2023 | $57,660 | $175,000 | $232,660 | $3,336 |
| 2022 | — | — | $78,600 | $947 |
| 2021 | — | — | $76,320 | $945 |
| 2020 | — | — | $42,540 | $401 |
| 2019 | $3,590 | $38,000 | $41,590 | $401 |
| 2018 | $3,740 | $38,000 | $41,740 | $762 |
| 2017 | — | — | $31,760 | $455 |
| 2016 | — | — | $31,110 | $443 |
| 2015 | — | — | $30,900 | $432 |
| 2014 | — | — | $30,660 | $430 |
| 2013 | — | — | $30,210 | $407 |
| 2012 | — | — | $29,710 | $83 |
| 2011 | — | — | $28,850 | $68 |
| 2010 | — | — | $28,430 | $56 |
| 2009 | — | — | $27,690 | $41 |
| 2008 | — | — | $27,670 | $41 |
| 2007 | — | — | $26,870 | $28 |
Property facts
Year built
1956
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
806 sqft
Lot size
7,405 sqft
ZIP code
32952
City
Merritt Island
Street
Banana River Dr
Coordinates
28.34905, -80.66233
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,491
Gross rental yield
5.59%
Implied cap rate
3.63%
Trend-extrapolated value
—
Frequently asked questions
When did 481 Banana River Dr last sell?
481 Banana River Dr most recently sold on May 20, 2022 for $320,000.
What is the current tax assessment for 481 Banana River Dr?
The most recent total assessment for 481 Banana River Dr (year 2025) is $229,520 with $3,323 in property tax.
How does 481 Banana River Dr's assessment compare to its last sale price?
The current assessment is 28.3% below the last sale price of $320,000.
When was 481 Banana River Dr built?
481 Banana River Dr was built in 1956.
How does 481 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 481 Banana River Dr?
481 Banana River Dr is a 2 bed, 1 bath, 806 sqft, 7,405 sqft lot single_family.
Is 481 Banana River Dr a flip candidate?
No — 481 Banana River Dr does not appear in our flips dataset.
Is 481 Banana River Dr a tax-appeal candidate?
No — 481 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 valuationQuarterly 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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Geography
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