$300,000
OPEN SAT 11AM - 1PM

475 S Banana River Dr Merritt Island, FL 32952

Estimated payment $1,738/month

Total Views 3,143
3 Beds
1 Bath
792 Sq Ft
$379 Price per Sq Ft

Highlights

  • River View
  • No HOA
  • Front Porch
  • Open Floorplan
  • Cottage
  • High Impact Windows

About This Home

Welcome to your charming 3-bedroom Banana River cottage! Imagine sipping your morning coffee on the front porch while watching the breathtaking sunrise—a truly priceless experience. This home is filled with natural light, featuring an open floor plan that invites you to make it your own. Whether you're looking for a full-time residence, vacation getaway, or income-producing rental, this property is the perfect fit. Recent upgrades include a newer metal roof, AC, remodeled bathroom, and hurricane-impact windows for added comfort and peace of mind.The fenced-in yard offers privacy, with a majestic oak tree providing shade and a perfect space for outdoor entertaining. Beyond the yard, a scenic path leads to a canal, ideal for fishing, kayaking, or simply enjoying nature.Conveniently located just a short drive to the beach, Cape Canaveral, shopping, dining, and medical facilities, this home truly offers the best of coastal living. Don't miss this incredible opportunity

Listing Agent

Ginger Squires

Real Broker, LLC License #3325630

Real Broker, LLC

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $806

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • East Facing Home
  • Property is Fully Fenced
  • Many Trees

Home Design

  • Cottage
  • Villa
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Tile Flooring
  • River Views
  • High Impact Windows
  • Electric Oven
  • Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Tropical Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 24-37-31-75-00000.0-0035.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$806

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Many Trees
  • Road Frontage Type: City Street
  • Reso View: River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Architectural Style: Cottage, Villa
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Architectural Style Cottage: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: 4097
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan
  • Flooring: Tile
  • Appliances: Dryer, Electric Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Exterior Features: Impact Windows
  • Roof: Metal
  • Fencing: Full
  • Acres: 0.17
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Front Porch, Patio
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Wood Siding: Yes
  • ConstructionSiding:Roof Metal: Yes
  • View:River: Yes
  • Lot Features:Many Trees: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Exterior Features:Fencing - Full: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Information:Garage YN: No
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2439277
  • Parcel #: 24-37-31-75-00000.0-0035.00
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 805.76

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $784 $48,760 $0 $0
2022 $742 $47,340 $0 $0
2021 $736 $45,970 $0 $0
2020 $1,419 $74,340 $42,000 $32,340
2019 $1,352 $72,390 $38,000 $34,390
2018 $1,324 $72,210 $38,000 $34,210
2017 $1,218 $58,120 $30,000 $28,120
2016 $974 $41,700 $20,000 $21,700
2015 $914 $35,450 $16,000 $19,450
2014 $884 $32,980 $16,000 $16,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2025 03/30/25 For Sale $300,000 +62.2% $379 / Sq Ft
12/09/2020 12/09/20 Sold $184,900 -2.6% $233 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $189,900 +217.0% $240 / Sq Ft
06/04/2016 06/04/16 Sold $59,900 0.0% $76 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $59,900 -- $76 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed $184,900 The Closing Agent Title Ins
Warranty Deed $69,000 None Available
Warranty Deed $23,000 --
Warranty Deed $19,800 --
Source: Public Records

Similar Homes in Merritt Island, FL

  • 75 Brandy Ln, Merritt Island, FL 32952

    $289,900

    • 3 Beds
    • 2 Baths
    • 1,323 Sq Ft
    • 75 Brandy Ln
    • Merritt Island, FL

    This charming concrete block home in South Merritt Island offers endless potential! Perfect for first-time buyers or savvy investors, this property is ready for your personal touch. Boasting a spacious backyard with mature trees, a covered carport, and a versatile lockable 200 sf storage room/man cave, it's the ideal space to make your own. With solid bones and room to grow, this hidden gem is

    Shane Burgman Real Broker LLC

    Section Image
  • 245 Cherry Ave, Merritt Island, FL 32953

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,090 Sq Ft
    • 245 Cherry Ave
    • Merritt Island, FL

    Welcome to this beautifully maintained 3-bedroom, 2-bathroom home with a spacious 2-car garage, ideally located in the heart of Merritt Island. With exceptional curb appeal, this home greets you with a brand-new concrete driveway and a convenient circular drive-perfect for guests and extra parking. Step inside to discover a thoughtfully updated interior featuring a seamless blend of tile and

    Eugene Crockett EXP Realty LLC

    Section Image
  • 1725 N Merrimac Dr, Merritt Island, FL 32952

    $325,000

    • 3 Beds
    • 2 Baths
    • 1,297 Sq Ft
    • 1725 N Merrimac Dr
    • Merritt Island, FL

    Welcome home to this updated charmer on a corner lot in a lovely neighborhood just minutes from popular beaches. This 3 bed, 2 bath home located in desirable Newfound Harbor features ceramic tile in common areas and luxury vinyl plank in the bedrooms - style, durability, and easy cleaning all at once! Lush lawn watered by automated irrigation system using private well water. Close to A rated

    Kate Mitchell Tropical Realty & Inv. of Brev

    Section Image
  • 1775 Randall Ave, Merritt Island, FL 32952

    $265,000

    • 3 Beds
    • 2 Baths
    • 1,110 Sq Ft
    • 1775 Randall Ave
    • Merritt Island, FL

    This charming single family home is situated on a spacious corner lot in a quiet neighborhood, off New Found Harbor Drive. This home offers the freedom to bring your RV, boats, extra vehicles or etc. with no HOA. The convenience of two separate driveways provides plenty of parking. The low-maintenance yard features an irrigation system, making upkeep effortless. Centrally located, this home is

    Samantha Weston Coldwell Banker Realty

    Section Image
  • 1240 Colby Ln, Merritt Island, FL 32952

    $359,000

    • 4 Beds
    • 2 Baths
    • 1,562 Sq Ft
    • 1240 Colby Ln
    • Merritt Island, FL

    Come check out this nicely updated home in Merritt Island featuring a great backyard that overlooks a non navigational canal teeming with wildlife. Home features and updated kitchen with SS appliances, tile flooring throughout, roof 2022, AC 2022 (Trane), hot water heater 2022. Great location and neighborhood, centrally located with several shops, restaurants, places of business only a few mins

    Eric Krall Blue Marlin Real Estate

    Section Image
  • 1610 Glen Haven Dr, Merritt Island, FL 32952

    $335,000

    • 3 Beds
    • 2 Baths
    • 1,348 Sq Ft
    • 1610 Glen Haven Dr
    • Merritt Island, FL

    Welcome to this beautifully remodeled home located in the highly desirable Glen Haven community. With 3 spacious bedrooms and 2 modern bathrooms, this 1,350 sq. ft. home is perfect for families or anyone seeking comfort and style. The heart of the home is the brand-new kitchen, featuring sleek white shaker cabinets, stainless steel appliances, and luxurious granite countertops—ideal for both

    Justin Poritzky EXP Realty, LLC

    Section Image
  • 1450 Quince Ave, Merritt Island, FL 32952

    $315,000

    • 3 Beds
    • 2 Baths
    • 1,084 Sq Ft
    • 1450 Quince Ave
    • Merritt Island, FL

    Nestled at the end of a quiet cul-de-sac, this cozy 3 bed/2 bath home comes with a long list of 2025 updates including a new roof with a 10 yr transferable warranty, new paint inside & out, new electrical, new exterior doors with locks & deadbolts, new cabinets, new quartz countertops, new microwave & dishwasher, new vinyl flooring & plumbing! Updates added in 2018 include the primary bath, a/c &

    Laura DePauw Reef Realty Florida LLC

    Section Image
  • 1460 Cunningham Ave, Merritt Island, FL 32952

    $307,000

    • 4 Beds
    • 2 Baths
    • 1,530 Sq Ft
    • 1460 Cunningham Ave
    • Merritt Island, FL

    Enjoy the Island Lifestyle in This Beautiful Home Boasting Wonderful Features You Will Truly Appreciate! Four Bedrooms, Two Baths, Laundry Rm., Over-sized Garage, And a Shed for Storage or to Create a Workshop. * Roof 2021 * New Electrical Panel 2021 * HVAC 2021 * Fenced Yard with Concrete Pads on Both Sides of Home - Great for A Boat/Camper/Trailer! Fantastic Location Off Of N Banana River Dr.

    Anne Humphreys Keller Williams Space Coast

    Section Image
  • 1445 Lester Ct, Merritt Island, FL 32952

    $348,000

    • 3 Beds
    • 2 Baths
    • 1,496 Sq Ft
    • 1445 Lester Ct
    • Merritt Island, FL

    Peace of mind and Island living come together in this well-maintained Merritt Island home featuring impact windows, a metal roof, PVC sewer lines, and a newer HVAC system.Inside, the beautifully updated primary bathroom delivers spa-like comfort, while the guest bath features a modern step-in shower and tasteful finishes. The layout offers flexibility with a spacious living area, formal

    Eric Larkin Real Broker LLC

    Section Image

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1041655

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-75-00000.0-0035.00