1275 N Banana River Dr, photo 1
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Overview

0 ba3,008 sqftMixed Use
TypeMixed Use
HOANone listed
Built1966
Lot18,731 sqft
Living area3,008 sqft
Price / sqft$149

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

About this home

1275 N Banana River Dr is a 1966-built home Merritt Island. Listed at $447,000 (about $149/sqft), 311 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Reduced!! Must be sold... Property can be used for many purposes for Commercial and Residential besides it was used as ALF facility. If buyers wishes to do other purposes like VACATION DUPLEX,CAN BE FOUR PLEX, VRBO, AIR BNB, OFFICE DUPLEX, COMMERCIAL OFFICE OR EVEN MULTI FAMILY POTENTIAL WITH ITS UNIQUE ZONING. Property has been a Real Estate Office , school and a Senior Care ALF Home was licensed for 6 Resident with an additional 1 bedroom , 1 bathroom Living Quarter. The 5th Wheeler Camper in the back convey with the subject property. The property is Canal Frontage leading to the banana river Lagoon and the Atlantic Ocean. It's situated near many landmarks and recreation the Space Coast offers. Seeing is Believing!! Come and see for possible opportunities.

The essentials

Built
1966
Price / sqft
$149
On market
311 days
Annual tax
$3,811
Flood zone
AE
Lot
18,731 sqft
Type
Mixed Use

At a glance

Single family
Built 1966
0.43 acres
Lot size
3,008 sqft
Living area

Payment

Est. monthly payment
$2,872/mo
Down payment (20%)
$89,400
Property taxes
$318/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Mixed Use
Year Built
1966
Lot
18,731 sqft
Cooling
Central Air, Other
Heating
-
Parking
-
Days on Market
311
Flood Zone AE
Annual Tax (2025)
$3,811
Parcel #
24-37-19-00-00505.9-0000.00

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

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

Price history

Date
Event
Price
12/5/2025
Listed for sale
Source: Stellar MLS #O6367133
$447,000
$149/sqft

Neighborhood

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

Market insights

Offer Insights

Choose an offer strength

List price: $447,000
$437,500 – $447,000
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 311.

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
$2,872/mo
Principal & interest$2,331
Property taxes$318
Insurance$224
Down payment20% · $89,400
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

$447,000

$149 per sq ft

Size

3,008 sq ft

Time on market

311 days

Year built

1966

Monthly payment

About $2,872/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# O6367133.

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