540 S Banana River Drive # 305 Merritt Island, FL $ 485,000
540 S Banana River Drive # 305
$ 485,000
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540 S Banana River Drive # 305

Merritt Island, FL, 32952
$ 485,000
Bedrooms3 Baths3.0 Sq 1,743

Monthly Estimate*

$ 3,223

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Condo for sale in Merritt Island, FL

for $485,000 with 3 bedrooms and 3 full baths. This 1,743 square foot condo was built in 2005 on a lot size of 0.02.

Your island lifestyle awaits you at this fantastic condo in a gated oasis offering lush tropical landscaping with a Key West vibe. The bright, spacious living area & tile flooring throughout seamlessly harmonize with its breathtaking backdrop. Through sliders from the living room & master suite, unveils serene views of the river, framed by swaying palm trees, providing the perfect place to immerse yourself in the ambiance while dolphins & manatees visit the marina. You will also have front row seats to watch the rockets launch over the river from your front balcony. This is an established community with poolside social events & activities that will make you feel right at home. Amenities also include spa, sauna & gym. Boat slips may be available for purchase/rent. Two garage parking spots, extra storage room in the garage and on patio. Investors take note that this unit has great rental income opportunities w/ only a 3-month minimum. New HVAC in 2020!

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Condo Active

Price

$ 485,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 0

Style

Condominium

Lot Size

0.02

Year Built

2005

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

1014293

Features
General
Interior Features Guest Suite Pantry Primary Bathroom -Tub with Separate Shower Split Bedrooms
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Concrete
Appliances Dishwasher Dryer Electric Range Microwave Refrigerator Washer
Exterior Features Impact Windows
HOA 908.0
Garage Spaces 2.0
Association Fee Includes Cable TV Insurance Internet Maintenance Grounds Maintenance Structure Sewer Trash Water
Pool Features Community
Security Features Security Gate
Construction Materials Block
Pets Allowed Breed Restrictions Cats OK Dogs OK Number Limit Size Limit
Year Built 2005
View Marina River
Stories 1
Unit Number 305
Property SubType Condominium
Current Use Single Family
Waterfront Features Navigable Water River Front Waterfront Community
Accessibility Accessible Bedroom Accessible Central Living Area Accessible Hallway(s) Accessible Kitchen
Additional Parcels Description 2458500
Assoc Fee Paid Per Monthly
County Brevard
New Construction N
Property Type Residential
Association Amenities Cable TV Car Wash Area Elevator(s) Fitness Center Gated Maintenance Grounds Management - Off Site Marina Sauna Trash Water
HOA / Comm Assn Y
Attached Garage N
Subdivision Name Marina Village Condo Ph I
Facing Direction North
Garage Y/N Y
Total Rooms 0
Status Active
Directions Use SR 520 from US1 going east just before the Merritt Island/Cocoa Beach Causeway take right on S Banana River Dr. 3/4 mile south first gate (north) on left
High School Merritt Island
City Merritt Island
Body of Water Banana River
Association Name Showcase Property Management
View Y/N N
Senior Community Y/N N
MLS Area 254 - Newfound Harbor
Lot Size Units Acres
Lot Size Square Feet 871.2
Waterfront Y/N Y
Carport Y/N N
Street Name Banana River
Elementary School Tropical
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Jefferson
Lease Renewal Y/N N
MLS Area Minor 254 - Newfound Harbor
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1014293
Standard Status Active
Legal Description MARINA VILLAGE CONDO PH I UNIT 405 MARINA VILLAGE CONDO PHASE I AS DESC IN ORB 5450 PG 1981 AND ALL AMENDMENTS
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Interior
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 3
Half Baths 0
Street Suffix Drive
Laundry Features In Unit
Total Bedrooms 3
Entry Level 3
Electric On Property Y/N N
Total Baths 3
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Exterior
Parking Features Assigned Garage Guest
Lot Features Few Trees
Water Source Public
Lot Size Area 0.02
Spa N
Lot Size Acres 0.02
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 540
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* Excluded Features
List By
Keller Williams Realty Brevard

Broker

chelsea@321home.com

Email

Affordability Calculator

$3,223
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,223
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1362919 Elementary School
1362970 Middle School
Merritt Island High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$485,000 Listed Price

Map


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540 S Banana River Drive # 305, Merritt Island, FL, 32952 is a Condo for sale at $485,000 with 1,743 sqft and a lot size of 0.02. 540 S Banana River Drive # 305 has 3 bedrooms, 3.0 baths, and was built in 2005. The property's zip code is 32952 which is in Merritt Island, FL