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    Property profile & analytics

    133 Banana Riv Dr Merritt Island, FL 32952-2546

    • Strip malls
    • 18,703 SF
    • 1.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-5902337
    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

    • Hobbs Pharmacy / Pharmacy
    • US Post Office / Post Office

    Property Details for 133 Banana Riv Dr

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.08 lot acres
    Property size
    18,703 SF
    Zone code
    BU1
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    24-37-31-00-00030.0-0000.00
    APU
    9223372036854775807

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.6652
    Latitude
    28.3586
    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
    $24,779
    $155,020
    $1,350,870
    $1,505,890
    -
    $155,020
    $1,350,870
    $1,505,890

    Comparable in this City

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      661 Courtenay Pkwy

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      400 Magnolia Ave

      SHOPPING CENTER, STRIP CENTER • 6,008 SF
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      2,430 SF

      158 Merritt Is Cswy

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      8,200 SF

      95 Plumosa St

      SHOPPING CENTER, STRIP CENTER • 8,200 SF
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    • Value Estimation by Request
      10,277 SF

      106 Merritt Is Cswy

      SHOPPING CENTER, STRIP CENTER • 10,277 SF
      106 Merritt Is Cswy, Merritt Island, FL 32952-3674
      View Details

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      Inline retail space available in a high-visibility, Publix-anchored center.
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      Retail/Office space with high visibility in Merritt Island, FL.
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    Property Visit Statistics

    • Visits by month
      0
    • Visitors by month
      858
    • Avg Time on site
      8 min
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    133 Banana Riv Dr
    Merritt Island, FL 32952-2546
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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