1275 N Banana River Dr, photo 1
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Overview

5 bd3 ba3,008 sqftSingle Family
TypeSingle Family
HOANone listed
Built1966
Lot18,731 sqft
Living area3,008 sqft
Price / sqft$147

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)SidewalksDishwasherDryerExhaust FanMicrowaveRefrigeratorWasher

1275 N Banana River Dr is a 1966-built home in Acreage, Merritt Island. Inside you'll find 5 bedrooms, 3 bathrooms, and 3,008 square feet of living space. Listed at $442,000 (about $147/sqft), 324 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

MUST BE SOLD, Price reduced for quick sale...A Free Standing Building sits on 0.43 acres corner lot across elementary school... A 6 Bedroom and 4 Bathroom residential property Can be 4 plex, can be ALF, DAY CARE, OFICES OR airbnb...can be used for many options . There's a canal at the back going to banana river...There's a mobile home included of the purchase price... Can be perfect for second home, to live affordably so close to Coco Beach or rental property or vacation home. Perfect location just a minutes to Cocoa Beach, Port Canaveral, Restaurant and Shops in Merritt Island . Rt 28 is convenient access to the beaches and Orlando Theme Parks. Don't miss this opportunity. Come and check for yourself.

The essentials

Built
1966
Price / sqft
$147
On market
330 days
Annual tax
$3,811
Flood zone
AE
Lot
18,731 sqft
Type
Single Family Residence

At a glance

Single family
Built 1966
Waterfront
Canal - Saltwater
0.43 acres
Lot size
3,008 sqft
Living area

Payment

Est. monthly payment
$2,844/mo
Down payment (20%)
$88,400
Property taxes
$318/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1966
Lot
18,731 sqft
Cooling
Central Air
Heating
Central
Parking
Ground Level
Waterfront
Canal - Saltwater
Days on Market
330
Ceiling Fans(s)
Sidewalks
Dishwasher
Dryer
Exhaust Fan
Microwave
Refrigerator
Washer
Homestead exemption on file Flood Zone AE
Annual Tax (2025)
$3,811
Parcel #
24-37-19-00-00505.0-0000.00

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Acreage
County
Brevard
MLS Area
32952 - Merritt Island
Lot Size
18,731 sqft

Price history

Date
Event
Price
10/9/2026
Price change
Source: Stellar MLS #O6359670
$442,000-0.7%
$147/sqft
-
Price change
Source: Stellar MLS #O6359670
$445,000-10.8%
$148/sqft
11/13/2025
Listed for sale
Source: Stellar MLS #O6359670
$499,000
$166/sqft

Neighborhood

1275 N Banana River Dr
Merritt Island, FL, 32952 · 32952 - Merritt Island

Market insights

Offer Insights

Choose an offer strength

List price: $442,000
$432,500 – $442,000
98% – 100% of listTops out right at the list price
80% of listList price
12 of the last 23 home closings in 32952 landed at this number or higher (52%). The median one sat 36 days before it went under contract, and this one is on day 330 after a $57,000 cut.

Sample: 23 closed home sales in 32952 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,844/mo
Principal & interest$2,305
Property taxes$318
Insurance$221
Down payment20% · $88,400
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$442,000

$147 per sq ft

Beds and baths

5 beds, 3 baths

Size

3,008 sq ft

Time on market

330 days

Year built

1966

Monthly payment

About $2,844/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,811 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byPRIMESTATE REALTY, INC.Listing agent: Hoover YapListing data from Stellar MLS, MLS# O6359670.

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