




1275 N Banana River Dr, Merritt Island, FL, 32952
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1966
Materials
- Foundation: Slab
- Roof: Built-Up,Membrane
- Construction materials: Block,Concrete
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Exhaust Fan,Freezer,Microwave,Other,Refrigerator,Washer
- Laundry features: Laundry Closet,Laundry Room,Other
Bedroom2
- Features: Built-in Closet
- Level: First
- Area: 56
- Dimensions: 8x7
Bedroom3
- Features: Built-in Closet
- Level: First
- Area: 56
- Dimensions: 8x7
Bedroom4
- Features: Built-in Closet
- Level: First
- Area: 56
- Dimensions: 8x7
Bedroom5
- Features: Built-in Closet
- Level: First
- Area: 120
- Dimensions: 12x10
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Ceiling Fan(s),Other
- Flooring: Carpet,Ceramic Tile,Other,Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 3,008
- Total interior livable area: 3,008 sqft
Kitchen
- Level: First
- Area: 216
- Dimensions: 12x18
Living Room
- Level: First
- Area: 140
- Dimensions: 14x10
Primary Bedroom
- Features: Built-in Closet
- Level: First
- Area: 56
- Dimensions: 8x7
Property
Accessibility
- Accessibility features: Accessible Approach with Ramp,Accessible Bedroom,Accessible Closets,Accessible Common Area,Accessible Doors,Accessible Entrance,Accessible Full Bath,Visitor Bathroom,Accessible Hallway(s),Accessible Kitchen,Accessible Central Living Area,Central Living Area,Customized Wheelchair Accessible,Enhanced Accessible,Grip-Accessible Features
Details
- Parcel number: 2437190000505.00000.00
- Zoning: RP
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Other
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- On waterfront: Yes
- Waterfront features: Canal - Saltwater,Saltwater Canal Access,Gulf/Ocean Access,Intracoastal Waterway Access,Lagoon Access,Seawall
- Waterbody name: BANANA RIVER LAGOON
Lot
- Lot size: 0.43 Acres
- Lot size dimensions: 129 x 145
Parking
- Parking features: Ground Level
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Strong Wind
- Tornado
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,274 | $27,288 |
| Home Insurance * | $529 | $6,348 |
| Property Taxes | $711 | $8,532 |
| Electricity | $302 | $3,632 |
| Total | $3,816 | $45,792 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Price change | $459,900 |
| 2025-12-07 | Price change | $498,900 |
| 2025-11-18 | Listed for sale | $499,000 |
| 2021-12-30 | Listing removed | -- |
| 2021-08-30 | Pending sale | $550,000 |
| 2021-08-30 | Contingent | $550,000 |
| 2021-08-27 | Price change | $550,000 |
| 2021-08-20 | Pending sale | $570,000 |
| 2021-08-20 | Contingent | $570,000 |
| 2021-08-13 | Listed for sale | $570,000 |
| 2014-06-11 | Sold | $145,000 |
| 2011-12-06 | Sold | $145,000 |
| 2002-10-10 | Sold | $128,000 |
| 1998-07-30 | Sold | $130,000 |
