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540 Banana River Dr

Merritt Island, FL 32952

3 bd 3 ba 1,743 sqft Built 2005 Lot 871 sqft condo
Most recent sale
$200,000
Sep 15, 2014

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 14, 2024 Listed $469,900 SpaceCoast
Dec 20, 2023 Listing removed $1,700 SpaceCoast
Sep 16, 2019 Listing removed SpaceCoast
Jul 30, 2019 Price changed $300,000 SpaceCoast
Apr 24, 2019 Price changed $299,500 SpaceCoast
Mar 15, 2019 Listed $320,000 SpaceCoast
Sep 15, 2014 Sold $200,000 SpaceCoast
Aug 8, 2014 Sold $200,000 Public Record
May 7, 2014 Price changed $224,900 SpaceCoast
Apr 29, 2014 Price changed $234,900 SpaceCoast
Mar 24, 2014 Price changed $254,900 SpaceCoast
Feb 23, 2014 Listed $294,900 SpaceCoast
Feb 21, 2014 Listing removed $294,900 SpaceCoast
Feb 5, 2014 Listed $294,900 SpaceCoast
Dec 31, 2012 Listing removed $1,250 SpaceCoast
Dec 1, 2012 Listed for rent $1,250 SpaceCoast
Jul 31, 2009 Listing removed $299,900 SpaceCoast
Sep 16, 2008 Listed $299,900 SpaceCoast
May 22, 2006 Sold $360,000 StellarMLS
Oct 4, 2005 Sold $284,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $343,380 $343,380 $4,740
2024 $343,380 $343,380 $4,880
2022 $282,820 $4,239
2021 $257,110 $3,823
2020 $233,740 $233,740 $3,534
2019 $228,040 $228,040 $3,514
2018 $217,630 $217,630 $3,451
2017 $237,060 $237,060 $3,701
2016 $197,550 $197,550 $3,416
2015 $197,550 $197,550 $3,554
2014 $170,790 $3,171
2013 $142,330 $2,098
2012 $142,330 $1,842
2011 $149,820 $1,977
2010 $176,260 $2,256
2009 $220,320 $2,816
2008 $275,000 $3,663
2007 $275,000 $3,812

Property facts

Year built
2005
Property type
condo
Stories
Beds
3
Baths
3
Living area
1,743 sqft
Lot size
871 sqft
ZIP code
32952
City
Merritt Island
Street
Banana River Dr
Coordinates
28.34780, -80.66120

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 540 Banana River Dr last sell?
540 Banana River Dr most recently sold on Sep 15, 2014 for $200,000.
What is the current tax assessment for 540 Banana River Dr?
The most recent total assessment for 540 Banana River Dr (year 2025) is $343,380 with $4,740 in property tax.
How does 540 Banana River Dr's assessment compare to its last sale price?
The current assessment is 71.7% above the last sale price of $200,000.
When was 540 Banana River Dr built?
540 Banana River Dr was built in 2005.
How does 540 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 540 Banana River Dr?
540 Banana River Dr is a 3 bed, 3 bath, 1,743 sqft, 871 sqft lot condo.
Is 540 Banana River Dr a flip candidate?
No — 540 Banana River Dr does not appear in our flips dataset.
Is 540 Banana River Dr a tax-appeal candidate?
No — 540 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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