$490,000
540 S Banana River Drive 105, Merritt Island, Fl 32952
Merritt Island, FL 32952
Listing updated: July 21, 2026 at 11:21 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage spaces
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Status: ActiveApr 15, 2026
- Listed$500,000Apr 15, 2026
- Price reduced$490,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Subdivision
- Marina Village Condo Ph I
- County
- Brevard
- Year built
- 2005
- Living area
- 1,743 sq ft
- Price/sq ft
- $281
- Lot size
- 871.2 sq ft
- Garage
- 2 spaces
- Parcel #
- 24-37-31-75-00000.0-0003.06
- MLS #
- 1074681
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
Parking
- Garage spaces
- 2
Exterior & Construction
- Waterfront
- Yes
Listing Details
- Listing date
- 2026-04-15
- On market date
- 2026-04-15
- Original list price
- $500,000
- Status changed
- 2026-04-15
Location
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.
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