540 South Banana River Drive, Unit 305

Merritt Island, FL 32952

$485,000
Price
3
Beds
3
Baths
1,743 Sq. Ft.
$278 / Sq. Ft.
1,743
Sq. Ft.
$278
per Sq. Ft.

Description

Your island lifestyle awaits you at this fantastic condo in a gated oasis offering lush tropical landscaping with a Key West vibe. Thebright, 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 whiledolphins & manatees visit the marina. You will also have front row seats...Your island lifestyle awaits you at this fantastic condo in a gated oasis offering lush tropical landscaping with a Key West vibe. Thebright, 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 whiledolphins & 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 storageroom 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!
  1. Listed by Chelsea Lauren West • Keller Williams Realty Brevard

Property Details for 540 South Banana River Drive, Unit 305

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 southfirst gate (north) on left
Waterfront
Navigable Water, River Front, Waterfront Community

Location

Listing Courtesy of Keller Williams Realty Brevard, Chelsea Lauren West
Add your commute
LISTING UPDATED: 05/26/2024 10:49 AM

Property Details for 540 South Banana River Drive, Unit 305

StatusActive
MLS #1014293
Days on Market15
Taxes-
HOA Fees$908 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2005
CountyBrevard County

Location

Listing Courtesy of Keller Williams Realty Brevard, Chelsea Lauren West
Add your commute

Building Information for 540 South Banana River Drive, Unit 305

Building/Complex540 S Banana River DrFloor3Stories-Residences-Pet Policy-Year Built2005

Payment Calculator

$3,974 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,647

Property Taxes

$419

HOA Dues

$908

The Payment Calculator is for illustrative purposes only.

Property Information for 540 South Banana River Drive, Unit 305

Summary
Location and General Information
  • Unit #: 305
  • City: Merritt Island
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.34779
  • Geo Lon: -80.661162
  • Absolute Longitude: 80.661162
  • Schools: Elementary School: Tropical
  • Schools: Middle School: Jefferson
  • Schools: High School: Merritt Island
  • General County Loc: North
  • County Sub/Condo Name: Marina Village Condo Ph I
Taxes and HOA Information
  • HOA Info: HOA Amt: $908.00
  • HOA Info: HOA Frequency: Monthly
  • Association Fee Incl: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
  • Home Owners Assoc: Showcase Property Management
  • Tax Acct: 2458500
Parking
  • Parking: Assigned, Garage, Guest
  • Garage: 2.0
Property
Lot Information
  • SqFt - Living: 1743.0
  • Lot SqFt: 871.2
  • Year Built: 2005
  • Picture Count: 37
  • Lot Description: Few Trees
  • Acreage: 0.02
  • Furnishings: Unfurnished
  • Var Comm: No
  • Current Adjacent Use: Single Family
Property and Assessments
  • Construction: Block
  • Docs on File: 0
  • Legal/Misc: 55+ Community: No
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: A
  • Sub Type: Condominium
  • To Be Constructed: No
  • Security: Security Gate
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Roof: Concrete
  • Total Floors in Bldg: 3
  • Exterior Features: Impact Windows
  • Pool Features: Community
  • Common Amenities: Cable TV, Car Wash Area, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Management - Off Site, Marina, Sauna, Trash, Water
  • Flooring: Tile
Interior Features
  • Cooling: Central Air
  • Heat: Central
  • Interior Features: Guest Suite, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
  • Equipment/Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Bedrooms: 3
  • Baths - Total: 3.0
  • Baths - Full: 3
  • Baths - Half: 0
Multi Family
Multi-Family Information
  • Selling Terms Code: Cash, Conventional, FHA, VA Loan
Agent
Sale and Listing
  • Cumulative DOM: 9
  • Days On Market: 9
  • Possession: Close Of Escrow
Showing and Remarks
  • Showing: Appointment Only, Showing Service
  • Appointment Phone: 800-746-9464
Rental
Rent Information
  • Pet Restrictions: Total # of Pets: 2
  • Pet Restrictions: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit

Property History for 540 South Banana River Drive, Unit 305

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 540 South Banana River Drive, Unit 305

Taxable ValueLand-Additions$423,840Total-
Tax Record2023$5,026 ($419 / month)
Home Facts
Beds0Total Finished SqFt1,743 SqFtAbove Grade Finished SqFt1,743 SqFtLot Size871 SqFtStyleCondominiumYear Built2005Year Renovated2023CountyBREVARDAPN24-37-31-75-00000.0-0003.18

Schools near 540 South Banana River Drive, Unit 305

This home is within Brevard.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 12
Public - 7 to 8
Public - 7 to 12
Rating
School
Distance
Tropical Elementary School
PublicPK to 6

Merritt Island High School
PublicPK to 12

Thomas Jefferson Middle School
Public7 to 8

Edgewood Jr/Sr High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

540 South Banana River Drive, Unit 305 is a condo for sale in Merritt Island, FL 32952. This property was listed for sale on May 17, 2024 by Keller Williams Realty Brevard, it's currently listed at $485,000. It has been on the market for a total of 15 days and was last sold on April 12, 2024. This listing's school district is Brevard. Nearby schools include Tropical Elementary School, Merritt Island High School and Thomas Jefferson Middle School. 540 South Banana River Drive, Unit 305 is a 3-bed, 3-bath, 1,743 sqft condo built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty Brevard, Chelsea Lauren West

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/26/2024 10:49 AM