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861 Spanish Cay Dr

Merritt Island, FL 32952

4 bd 3 ba 2,994 sqft Built 2003 Lot 15,246 sqft single_family
Most recent sale
$755,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $755,000 MLS #931768
Apr 12, 2022 Listed $695,000 MLS #931768
Jun 11, 2009 Sold $350,000 Public Record
Jul 28, 2006 Sold $670,000 MLS #416096
Apr 4, 2006 Listed $699,900 MLS #416096
Jan 2, 2003 Sold $46,900 Public Record
Jun 20, 2002 Sold $521,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $507,480 $6,616
2024 $507,480 $6,212
2023 $478,820 $6,172
2022 $279,700 $3,535
2021 $271,560 $3,687
2020 $267,820 $3,610
2019 $261,800 $3,563
2018 $256,920 $3,573
2017 $251,640 $3,607
2016 $246,470 $3,671
2015 $244,760 $3,786
2014 $242,820 $3,814
2013 $239,240 $3,848
2012 $235,250 $3,404
2011 $241,920 $3,526
2010 $275,430 $3,796
2009 $328,790 $4,487
2008 $376,000 $5,221
2007 $386,000 $5,504

Property facts

Year built
2003
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,994 sqft
Lot size
15,246 sqft
ZIP code
32952
City
Merritt Island
Street
Spanish Cay Dr
Coordinates
28.30699, -80.68164

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,539
Gross rental yield
8.80%
Implied cap rate
5.72%
Trend-extrapolated value

Frequently asked questions

When did 861 Spanish Cay Dr last sell?
861 Spanish Cay Dr most recently sold on May 2, 2022 for $755,000.
What is the current tax assessment for 861 Spanish Cay Dr?
The most recent total assessment for 861 Spanish Cay Dr (year 2025) is $507,480 with $6,616 in property tax.
How does 861 Spanish Cay Dr's assessment compare to its last sale price?
The current assessment is 32.8% below the last sale price of $755,000.
When was 861 Spanish Cay Dr built?
861 Spanish Cay Dr was built in 2003.
How does 861 Spanish Cay Dr compare to others on Spanish Cay Dr?
We track 6 other properties on Spanish Cay Dr. Browse the list under "Other properties on Spanish Cay Dr" to compare beds, baths, and sale history.
What are the property facts for 861 Spanish Cay Dr?
861 Spanish Cay Dr is a 4 bed, 3 bath, 2,994 sqft, 15,246 sqft lot single_family.
Is 861 Spanish Cay Dr a flip candidate?
No — 861 Spanish Cay Dr does not appear in our flips dataset.
Is 861 Spanish Cay Dr a tax-appeal candidate?
No — 861 Spanish Cay 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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