
Overview
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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.
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.
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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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.
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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.
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