540 S Banana River Drive 105 Merritt Island FL 32952

Waterfront
Waterfront
Address
540 S Banana River Drive 105, Merritt Island, FL
Price
$ 490,000
Property Attributes
  • MLS#1074681
  • TypeCondos
  • Listing Status Active
  • CountyBrevard
  • CityMerritt Island
  • AreaNewfound Harbor
  • NeighborhoodMarina Village Condo Ph I
  • Zip32952
  • StyleCondominium
  • Year Built2005
  • Taxes$ 2172
  • Price$ 490,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1743
  • Lot Size0.02 Acres
Data Source:
Space Coast AOR
Property Description

Boat slips available to rent by owners in this community. Direct waterfront community on the Banana River with miles of stunning views, breathtaking sunrises, and abundant wildlife. Enjoy watching rocket launches and cruise ships from the comfort of home. This spacious 3BR/3BA unit overlooks the river and community pool/spa. Private bath in master as well as bedroom 3. Open Great Room with triple sliders brings in natural light and river breezes. 10 foot ceilings and 8 foot doors. Primary bedroom features private balcony access with water views. Updates include new appliances and a tankless water heater, and AC is only 3 years old. Private marina with boat slips available (unit does not include slip). Conveniently located near the beach, Kennedy Space Center, Orlando International Airport, shopping, dining, and local attractions. No condo approval or right of first refusal. Two pets allowed (35 lb max). 3-month minimum rental.

Elementary School Middle School High School
Tropical Elementary School Jefferson Middle School Merritt Island High School
Price History
4/15/2026 Listed $500,000
5/5/2026 2$490,000

General Features

Living Area 1743
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air,Electric
Utilities Cable Available,Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Membrane
Appliances Dishwasher,Disposal,Dryer,Electric Range,Microwave,Refrigerator,Tankless Water Heater,Washer
HOA Fee 912
Garage Spaces 2
Association Fee Includes Cable TV,Internet,Pest Control,Sewer,Trash,Water
Patio/Porch Features Patio
Security Features Fire Sprinkler System,Security Gate,Secured Elevator,Secured Lobby
Construction Materials Block,Concrete,Stucco
Pets Allowed Number Limit,Size Limit
Year Built 2005
View Marina,Pool,River,Water,Intracoastal
Stories Count 1
Levels Three Or More
Unit Number 105
Property Subtype Condominium
Tax Year 2025
Current Use Marina,Residential
Waterfront Features Navigable Water,Intracoastal
Additional Parcels Description 2458488
Assoc Fee Paid Per Monthly
County Brevard
New Construction false
Property Type Residential
Association Amenities Boat Dock,Car Wash Area,Clubhouse,Fitness Center,Maintenance Grounds,Maintenance Structure,Management - Full Time,Management - Off Site,Pool,Sauna,Spa/Hot Tub,Storage
HOA true
Attached Garage false
Subdivision Name Marina Village Condo Ph I
Facing Direction South
Garage Y/N true
Other Structures Shed(s)
Total Rooms 14
Full Baths 3
Status Active
Directions From 520 turn South onto S. Banana River Dr. to Marina Village Condo on the left
High School Merritt Island
City Merritt Island
Body of Water Banana River
Association Name Marina Village Condos
Senior Community Y/N false
MLS Area 254 - Newfound Harbor
Lot Size Units Acres
Lot Size Square Feet 871.2
Carport Y/N false
Spa Features Community,Heated,In Ground
Elementary School Tropical
Land Lease Y/N false
Tax Annual Amount 2172.85
Middle/Junior High School Jefferson
Property Condition Updated/Remodeled
MLS Area Minor 254 - Newfound Harbor
Virtual Tour https://www.virtualtourcafe.com/mls/10004738
Standard Status Active
Legal Description MARINA VILLAGE CONDO PH I UNIT 205 MARINA VILLAGE CONDO PHASE I AS DESC IN ORB 5450 PG 1981 AND ALL AMENDMENTS THERETO

Interior Features

Interior Amenities Breakfast Bar,Built-in Features,Ceiling Fan(s),Open Floorplan,Pantry,Primary Bathroom - Tub with Shower,Primary Bathroom -Tub with Separate Shower,Split Bedrooms,Walk-In Closet(s),Wet Bar
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 4
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Electric Dryer Hookup,Washer Hookup
Total Bedrooms 3
Entry Level 2
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Exterior Amenities Balcony,Outdoor Shower,Boat Ramp - Private
Fencing Fenced
Parking Features Assigned,Garage Door Opener,Guest,Underground
Lot Features Other
Water Source Public
Lot Size Area 0.02
Building Area Total 1743
Lot Size Acres 0.02
Road Surface Type Asphalt
Waterfront Y/N true
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 32952

Price
AVG $270K
$490K
Taxes
AVG $2,154
$2,172
Year Built
AVG 1984
2005

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