Coming soon
$4,156 Closing Credit¹
#1045594, Laura Lee Hanson, Cheryld Hanson, Listing Office: Lokation Real Estate
$300,000 List price
475 S Banana River Dr Merritt Island, FL 32952
$3,563
Closing credit¹
3 beds
1 full
792 sqft
0.2 acres
$379 / sqft
House
Property details
About 475 S Banana River Dr
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
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size792 sqft
Lot size0.17 Acres
Year built1950
ParkingOther
MLS #1041655
ViewRiver
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Dryer, Electric Oven, Refrigerator
- Flooring Type: Tile
- Interior: Open Floorplan
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Other
- View: River
- Architectural Style: Cottage,Villa
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $300,000
- Price/SqFt: $378
- Annual Tax Amount: $783
- Tax Year: 2023
- Lot: Many Trees
- Directions: 520 to South Banana River Dr. Home is on the right.
- Year Built: 1950
- Stories: 1
- Living Area: 792 SqFt
- Lot Size: 0.17 Acres
- MLS Number: 1041655
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: Real Broker, LLC
- Office Phone: (855) 450-0442
- Office Email: flbroker@therealbrokerage.com
- Listing Agent: Ginger Squires
Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2025, 7:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$300,000
475 S Banana River Dr
$3,563
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 09, 2020 | Home Sold | $184,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $48,760 | $783 |
| 2022 | $47,340 | $742 |
| 2021 | $45,970 | $742 |
| 2020 | $74,340 | $1,418 |
| 2019 | $70,320 | $1,324 |
| 2018 | $72,210 | $1,217 |
| 2017 | $58,120 | $1,217 |
History based on county public records data.
Nearby schools
8
Audubon Elementary School
Public District PK-6
2.0 mi
•1201 N Banana River Dr
8
Tropical Elementary School
Public District KG-6
2.1 mi
•885 S Courtenay Pkwy
4
MILA Elementary School
Public District PK-6
2.6 mi
•288 W Merritt Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,556. Most Merritt Island, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
34%
<35k
46%
35k-100k
19%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
10%
Single, with Kids
29%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
14%
18-34 yrs old
48%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Figure Skating
Pro Boxing
Where do the neighbors shop?
Nordstrom Rack
Chico's
Family Dollar
Where do the neighbors go to eat?
Chipotle
Bob Evans
White Castle
What do the neighbors drive?
Mazda
Oldsmobile
Chevrolet
What do the neighbors listen to?
Rock
News
Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
Tour
$3,147 Closing Credit¹
#1036316, Samantha Ann Weston, Listing Office: Coldwell Banker Realty
Tour
$3,859 Closing Credit¹
#1035694, Nicole D Grammer, Listing Office: aReal Estate Service Team
Backup offersTour
$4,263 Closing Credit¹
#1043269, Eric Krall, Listing Office: Blue Marlin Real Estate
Coming soon
$4,382 Closing Credit¹
#1045774, Julie Meyer, Listing Office: RE/MAX Solutions
Tour
$4,275 Closing Credit¹
#1040392, Valeria Vega Cabral, Listing Office: Blue Marlin Real Estate
Tour
$4,738 Closing Credit¹
#1045170, Anna-May Smith, Listing Office: Florida East Coast Real Estate
$10,000 Closing Credit¹
#1044197, Jon Scott Santy, Listing Office: Atlantic Group Real Estate
Tour
$4,928 Closing Credit¹
#1037445, Linda Juanell Brabo, Listing Office: Coldwell Banker Realty
Tour
#1043382, Dennis Rainer Quolke, Michael DeVivo, Listing Office: Blue Marlin Real Estate
Frequently asked questions
About 475 S Banana River Dr
The listing price of 475 S Banana River Dr property is $300,000.
The property 475 S Banana River Dr is a house located in Merritt Island, Florida, 32952.
Active Listing: 475 S Banana River Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 475 S Banana River Dr are: Audubon Elementary School (GreatSchools Rating 8/10), Tropical Elementary School (GreatSchools Rating 8/10), MILA Elementary School (GreatSchools Rating 4/10), Jefferson Middle School (GreatSchools Rating 5/10), Ronald McNair Magnet School (GreatSchools Rating 3/10), Emma Jewel Charter Academy (GreatSchools Rating 2/10), Edgewood Jr/Sr High School (GreatSchools Rating 10/10), Cocoa Beach Junior/Senior High School (GreatSchools Rating 6/10), Merritt Island High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $783 (source: MLS/based on county public records data).
The last sale was on December 9, 2020 for $184,900 (source: MLS/tax record).
The property at 475 S Banana River Dr has 3 bedrooms and 1 bathroom.
The property 475 S Banana River Dr is 792 SqFt (source: MLS/tax record).
The year of construction for 475 S Banana River Dr is 1950.
This home is located at 475 S Banana River Dr in Merritt Island, FL and zip code 32952. This 792 square foot home, which was built in 1950, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 30, 2025 and is currently priced at $300,000.
In April 2025 more than 5 listings in Merritt Island, FL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 54 were sold below. In April 2025 in Merritt Island, FL there were 12.2% more homes for sale than in March. In April 2025 median list price was $471,727 and the average listing age was 66 days.
From Rocket Homes Real Estate and based on county public records data.