Property profile & analytics
120 Banana Riv Dr Merritt Island, FL 32952-3016
- Commercial land
- 2,630 SF
- 0.69 lot acres
OFF-MARKET
Value Estimations
$645,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US19-0174926
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Pirates Cove Apartments / Apartment Building
Property Details for 120 Banana Riv Dr
- Year built
- 1957
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.69 lot acres
- Property size
- 2,630 SF
- Zone code
- BU2
- Property type
- Commercial land
- APN
- 24-37-31-01-00000.0-0040.00
- APU
- 9223372036854775807
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $510,000
- 6.5%
- $470,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $812,000
Market price range: $293k - $813k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $625,000 Current use
- AUTO REPAIR, GARAGE
- $550,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Merritt Island
- County
- Brevard
- State
- Florida
- Longitude
- -80.6618
- Latitude
- 28.3556
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,166
$276,140
$61,000
$337,140
-
$276,140
$61,000
$337,140
