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$405,000 Just Listed
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Property Description
Free-standing medical office in the heart of Merritt Island featuring built-in plumbing for 10 individual dental/medical suites. Ideally suited for medical professionals looking to establish or expand their practice in a high-demand, high-visibility location just one mile from the new Health First hospital currently under development. This property also presents a strong professional office investment opportunity with excellent tenant upside. With strong population growth, this high-traffic location is ideal for professional office users, including dentists, physicians, specialists, and healthcare providers seeking proximity to a major healthcare hub.
Full Property Details
Full Property Details for 150 N Banana River Dr
General
- Price: $405,000
- Taxes: $4,562 (2024)
- Status: Active
- Type: Office
- Source: BrevardCounty
- MLS ID: 1070244
- Updated: Today (2/25/2026)
- Added to Site: Today
Rental Information
- Complex Features: Medical, Office
Interior
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
Parking
- Attached garage: Yes
- Parking Features: Additional Parking, Attached
Location
- Area: 251 - Central Merritt Island
- County: Brevard
- Driving Directions: Right off of 520 Pkwy
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Square Feet: 2,658
- Living Area: 2,658 Sq. Ft.
- Current Bldg. Use: Medical/Dental, Office
- Year Built: 1966
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454.4
- Frontage: City Street
- Lot Features: Other
- Fencing (Description): Back Yard
Financial Considerations
- Price Per Sq. Ft.: $152.37
- Tax Amount: $4,562.05
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 24-37-31-00-36
Listed by Blue Marlin Real Estate
Get Pre-Approved Today
Schools
Schools serving 150 N Banana River Dr
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Audubon Elementary School 1201 North Banana River Drive, Merritt Island, FL 32952 | PK-6 | 1.4 mi |
Merritt Island High School 100 Mustang Way, Merritt Island, FL 32953 | 9-12 | 2.5 mi |
Thomas Jefferson Middle School, Merritt Island, FL 1275 South Courtenay Parkway, Merritt Island, FL 32952 | 7-8 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 150 N Banana River Dr
Date
Details
Price
Change
Source
2/25/2026
Listed
$405,000
—
MLS
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
Tax History for 150 N Banana River Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,756
-18%
$313,630
2%
2024
$4,562
1%
$308,260
4%
2023
$4,502
-1%
$296,480
3%
2021
$4,559
6%
$287,350
-2%
2022
$4,292
-6%
$291,780
2%
2021
$4,559
4%
$287,440
7%
2019
$4,396
5%
$267,710
8%
2018
$4,206
5%
$247,370
9%
2017
$4,024
-1%
$226,000
4%
2016
$4,047
3%
$217,000
7%
2015
$3,931
1%
$202,000
3%
2014
$3,893
1%
$196,000
3%
2013
$3,871
—
$191,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 150 N Banana River Dr
150 N Banana River Drive, Merritt Island, FL 32952 (MLS# 1070244) is a Office property. 150 N Banana River Drive is currently listed for $405,000 and was received on February 25, 2026. Want to learn more about 150 N Banana River Drive? Do you have questions about finding other Office 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.

