240 Spring Dr
Merritt Island, FL 32953
2 bd 2 ba 1,037 sqft Built 1988 Lot 3,485 sqft condos
Most recent sale
$181,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 1, 2025 | Listing removed | $1,500 | SpaceCoast |
| May 27, 2022 | Sold | $181,000 | MLS #933234 |
| Apr 26, 2022 | Listed | $185,000 | MLS #933234 |
| Aug 3, 2015 | Sold | $70,500 | MLS #726821 |
| Jun 15, 2015 | Price changed | $72,900 | MLS #726821 |
| Jun 3, 2015 | Listed | $78,900 | MLS #726821 |
| Jul 14, 2011 | Listing removed | $850 | SpaceCoast |
| Sep 19, 2008 | Sold | $72,000 | MLS #514018 |
| Aug 5, 2008 | Listed | $72,000 | MLS #514018 |
| Jun 28, 2008 | Listed for rent | $850 | SpaceCoast |
| Aug 31, 2005 | Sold | $175,000 | Public Record |
| Aug 30, 2005 | Sold | $155,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $149,240 | — | $149,240 | $2,248 |
| 2024 | $149,240 | — | $149,240 | $2,215 |
| 2023 | $150,990 | — | $150,990 | $2,230 |
| 2021 | — | — | $66,030 | $780 |
| 2020 | — | — | $65,120 | $748 |
| 2019 | — | — | $63,660 | $710 |
| 2018 | — | — | $62,480 | $711 |
| 2017 | — | — | $61,200 | $713 |
| 2016 | $59,950 | — | $59,950 | $722 |
| 2015 | — | — | $37,210 | $458 |
| 2014 | — | — | $36,920 | $457 |
| 2013 | — | — | $36,380 | $446 |
| 2012 | — | — | $35,780 | $191 |
| 2011 | — | — | $36,510 | $205 |
| 2010 | — | — | $40,910 | $260 |
| 2009 | — | — | $53,830 | $415 |
| 2008 | — | — | $120,000 | $1,852 |
Property facts
Year built
1988
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,037 sqft
Lot size
3,485 sqft
ZIP code
32953
City
Merritt Island
Street
Spring Dr
Coordinates
28.40113, -80.70724
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
$1,918
Gross rental yield
12.72%
Implied cap rate
8.27%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Spring Dr last sell?
240 Spring Dr most recently sold on May 27, 2022 for $181,000.
What is the current tax assessment for 240 Spring Dr?
The most recent total assessment for 240 Spring Dr (year 2025) is $149,240 with $2,248 in property tax.
How does 240 Spring Dr's assessment compare to its last sale price?
The current assessment is 17.5% below the last sale price of $181,000.
When was 240 Spring Dr built?
240 Spring Dr was built in 1988.
How does 240 Spring Dr compare to others on Spring Dr?
We track 8 other properties on Spring Dr. Browse the list under "Other properties on Spring Dr" to compare beds, baths, and sale history.
What are the property facts for 240 Spring Dr?
240 Spring Dr is a 2 bed, 2 bath, 1,037 sqft, 3,485 sqft lot condos.
Is 240 Spring Dr a flip candidate?
No — 240 Spring Dr does not appear in our flips dataset.
Is 240 Spring Dr a tax-appeal candidate?
No — 240 Spring 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 Spring Dr