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$447,000 Just Listed

  • For Sale
  • Active
  • Commercial
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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.

Full Property Details for 1275 N Banana River Dr

General

  • Price: $447,000
  • Taxes: $3,811 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6367133
  • Updated: 9/20/2026
  • Added to Site: 1 day(s) ago

Location

  • Area: 32952 - Merritt Island
  • County: Brevard
  • Development Name: 32952 - Merritt Island
  • Driving Directions: From I-95 East on Merrit Island Causeway to North on Banana river Drive. Subject property on Left

Community

  • Community Name: 32952 - Merritt Island
  • Management Type: Owner Manager
  • Mgmt. Company: Owner Manager

Heating & Cooling

  • Cooling Type: Central Air, Other

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block, Other
  • Ceiling Height: 8 to 9 Feet
  • Stories/Levels: One
  • Square Feet: 3,008
  • Sq. Ft. Source: Public Records
  • Year Built: 1966

Lot Features

  • Lot Size (Acres): 0.43
  • Lot Size (Sq. Ft.): 18,731
  • Lot Size: 18731
  • Frontage: City Street
  • Street/Road Desc.: Asphalt

Water Features

  • Water Access: Yes
  • Water Access Desc: Freshwater Canal w/Lift to Saltwater Canal, Gulf/Ocean, Intracoastal Waterway

Financial Considerations

  • Tax Amount: $3,811
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: PART OF GOVT LOT 6 AS DESC IN ORB 814 PG335
  • Flood Zone Info: AE
  • APN: 2437190000505.90000.00
  • Property ID: 2437190000505.90000.00
  • Block/Lot/Section: 505

Listed by Primestate Realty, Inc.

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— 1275 N Banana River Dr —

  • Primestate Realty, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1275 N Banana River Dr

School District:Brevard County School District
NameGradesDistance
Audubon Elementary School
1201 North Banana River Drive, Merritt Island, FL 32952
PK-60.2 mi
Merritt Island High School
100 Mustang Way, Merritt Island, FL 32953
9-121.9 mi
Thomas Jefferson Middle School, Merritt Island, FL
1275 South Courtenay Parkway, Merritt Island, FL 32952
7-83.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1275 N Banana River Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/20/2026
Listed
$447,000
208.28%
MLS
6/06/2014
Sold
$145,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1275 N Banana River Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,969
70%
$194,400
—
2025
$2,328
-36%
$194,400
—
2024
$3,664
-7%
$194,400
-10%
2023
$3,957
8%
$216,000
16%
2021
$3,651
-7%
$185,790
-24%
2022
$3,915
7%
$246,000
43%
2021
$3,651
14%
$172,030
8%
2018
$3,214
—
$160,000
3%
2017
$3,207
-2%
$155,000
-8%
2019
$3,273
9%
$167,830
24%
2016
$2,995
3%
$135,000
8%
2015
$2,918
-1%
$125,000
—
2014
$2,956
1%
$125,000
4%
2013
$2,914
—
$120,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Primestate Realty, Inc.

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Listed by Chris Sheedy

1275 N Banana River Drive, Merritt Island, FL 32952 (MLS# O6367133) is a Commercial property. 1275 N Banana River Drive is currently listed for $447,000 and was received on September 20, 2026. Want to learn more about 1275 N Banana River Drive? Do you have questions about finding other Commercial real estate for sale in Merritt Island? You can browse all Merritt Island real estate or contact a Coldwell Banker agent to request more information.

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