$675,000
SOLD JUN 29, 2018

84 S Banana River Dr Merritt Island, FL 32952

1.5 Acres
$450,000 Price per Acre
65,340 Sq Ft Lot

Recently Sold

7% Below List Price

74 Days on Market

Highlights

  • 240 Feet of Waterfront
  • River View
  • No HOA
  • River Access
  • 1.5 Acre Lot
  • Heating Available

About This Lot

As of June 2018

Waterfront lot just waiting to be developed. Located on S Banana River Drive with 200+ feet of water frontage. The possibilities are endless with this commercial or multi-family zoned acreage. One of a kind location in Merritt Island, just off the causeway and close to the beach. Come take a look today!

Last Agent to Sell the Property

Melissa Stone

LOKATION License #3235369 Listed on: 03/26/2018

LOKATION

Last Buyer's Agent

Melissa Stone

LOKATION License #3235369 Listed on: 03/26/2018

LOKATION

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,200

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 249x225
  • 240 Feet of Waterfront
  • River Front
  • Cleared Lot
  • Property is zoned 0040

Additional Features

  • River Views
  • City Lot
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 35-39 / 01
  • Assessor Parcel Number 24-37-31-01-*-35.01

Community Details

Overview

  • No Home Owners Association
  • Banana River Park Subdivision

Recreation

  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$7,200

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.5
  • Lot Size Sq Ft: 65265
  • Directions to Property: From SR 520 turn North on S Banana River Drive. The lot is on the left just passed the 7-11.
  • Status: Sold
  • Street Direction: S
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.93103
  • Price per Sq Ft: 10.34
  • Close to Original List Price Ratio: 0.93103
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 84

Exterior Features

  • Road Frontage Type: City Street
  • View: Water
  • Water Body Name: Banana River
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: River
  • Water Access: River
  • Water View Y N: Yes
  • Front Footage: 249
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 240
  • Water Frontage Feet River: 240

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: 0040
  • Parcel Number: 24-37-31-01-*-35.01
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Features: Cleared, City Lot
  • Lot Dimensions: 249x225
  • Millage Rate: 14.84
  • Price Per Acre: 450000
  • Flood Zone Code: x
  • Current Adjacent Use: Commercial, Multi-Family
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 7200
  • Tax Block: 01
  • Tax Book Number: 0004/0035
  • Tax Lot: 35-39

Multi Family

  • Waterfront Features: River

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Price Changed $1,350,000 -6.9% --
12/01/2024 12/01/24 For Sale $1,450,000 +114.8% --
06/29/2018 06/29/18 Sold $675,000 -6.9% --
06/09/2018 06/09/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $725,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U7853020

Stellar MLS