240 Lake Shore Dr
Merritt Island, FL 32953
4 bd 3 ba 2,242 sqft Built 1994 Lot 54,886 sqft single_family
Most recent sale
$540,000
Jul 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 28, 2022 | Sold | $540,000 | MLS #936947 |
| Jun 23, 2022 | Listed | $550,000 | MLS #936947 |
| Oct 31, 2019 | Price changed | $359,800 | MLS #857572 |
| Oct 17, 2019 | Price changed | $359,900 | MLS #857572 |
| Oct 9, 2019 | Listed | $369,900 | MLS #857572 |
| Dec 7, 2010 | Sold | $220,500 | MLS #573993 |
| Oct 5, 2010 | Sold | $220,500 | Public Record |
| Aug 16, 2010 | Price changed | $229,900 | MLS #573993 |
| Jul 10, 2010 | Listed | $239,900 | MLS #573993 |
| Sep 1, 1992 | Sold | $30,500 | Public Record |
| Jan 1, 1991 | Sold | $30,200 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $321,580 | $126,000 | $447,580 | $5,833 |
| 2024 | $321,580 | $126,000 | $447,580 | $5,601 |
| 2021 | — | — | $195,690 | $2,730 |
| 2020 | — | — | $192,990 | $2,657 |
| 2019 | — | — | $188,660 | $2,604 |
| 2018 | — | — | $185,150 | $2,606 |
| 2017 | — | — | $181,350 | $2,623 |
| 2016 | — | — | $177,620 | $2,662 |
| 2015 | — | — | $176,390 | $2,734 |
| 2014 | — | — | $174,990 | $2,751 |
| 2013 | — | — | $172,410 | $2,763 |
| 2012 | — | — | $169,530 | $2,326 |
| 2011 | — | — | $169,080 | $2,320 |
| 2010 | — | — | $168,800 | $2,134 |
| 2009 | — | — | $171,060 | $2,057 |
| 2008 | — | — | $170,890 | $2,057 |
Property facts
Year built
1994
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,242 sqft
Lot size
54,886 sqft
ZIP code
32953
City
Merritt Island
Street
Lake Shore Dr
Coordinates
28.44197, -80.71080
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
$4,148
Gross rental yield
9.22%
Implied cap rate
5.99%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Lake Shore Dr last sell?
240 Lake Shore Dr most recently sold on Jul 28, 2022 for $540,000.
What is the current tax assessment for 240 Lake Shore Dr?
The most recent total assessment for 240 Lake Shore Dr (year 2025) is $447,580 with $5,833 in property tax.
How does 240 Lake Shore Dr's assessment compare to its last sale price?
The current assessment is 17.1% below the last sale price of $540,000.
When was 240 Lake Shore Dr built?
240 Lake Shore Dr was built in 1994.
How does 240 Lake Shore Dr compare to others on Lake Shore Dr?
We track 8 other properties on Lake Shore Dr. Browse the list under "Other properties on Lake Shore Dr" to compare beds, baths, and sale history.
What are the property facts for 240 Lake Shore Dr?
240 Lake Shore Dr is a 4 bed, 3 bath, 2,242 sqft, 54,886 sqft lot single_family.
Is 240 Lake Shore Dr a flip candidate?
No — 240 Lake Shore Dr does not appear in our flips dataset.
Is 240 Lake Shore Dr a tax-appeal candidate?
No — 240 Lake Shore 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
+7.0%
2026 Q3
$581.5K
2026 Q4
$590.6K
ZIP 32953 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Shore Dr