540 S Banana River Drive 105, Merritt Island, Fl 32952, FL540 S Banana River Drive 105, Merritt Island, Fl 32952, FL540 S Banana River Drive 105, Merritt Island, Fl 32952, FL
Stellar MLS
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$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

Active
Listing courtesy of Exp Realty, Llc · Darlene E Quivey · MLS #1074681 · Active · 888-883-8509
3
Beds
3
Baths
1,743
Sq Ft
0.02
Acres
2005
Built
Waterfront$281/sqft
Condominium

Property type

2005

Year built

871.2 sqft

Lot size

$281

Price / sq ft

No HOA

HOA dues

2

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

Principal & interest$2,478
Property taxes$449
Home insurance (est.)$225

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

  1. Status: Active
    Apr 15, 2026
  2. Listed$500,000
    Apr 15, 2026
  3. 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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MLS GRID

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.

Based on information submitted to the MLS GRID as of July 21, 2026 at 11:21 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA