$840,000
1000 S Banana River Drive, Merritt Island, Fl 32952
Merritt Island, FL 32952
Listing updated: June 26, 2026 at 4:59 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage space
About this home
Experience elevated waterfront living in this exceptional direct riverfront retreat, thoughtfully updated with impact windows and a newer septic system for peace of mind and modern efficiency. Built high to maximize both elevation and breathtaking panoramic views, the home captures stunning 180° river vistas from nearly every room. Designed for boating enthusiasts, the property offers excellent water depth, a new dock, jet ski lift, and a natural coquina seawall that enhances both ambiance and shoreline security. Inside, crisp coastal elegance blends beautifully with modern European-style cabinetry, quartz countertops, slate appliances, stylish pendant lighting, decorator backsplash, recessed lighting, and durable LVP flooring throughout. Both generously sized bedrooms feature ensuite baths and walk-in closets, while updated bathrooms include spa-inspired finishes such as a rain shower. Expansive three-tier sliders create seamless indoor-outdoor living, opening to an enormous reclaimed wood deck complete with a hot tub, perfect for entertaining or relaxing in the refreshing easterly breezes. A private screened lanai offers a tranquil escape, while abundant storage, oversized detached 1.5-car garage equipped with an EV charger with access via a covered walkway, and room for future expansion complete this extraordinary waterfront home.
Local Insight
At $704/sqft for a 2000-built waterfront home, you're paying a premium for the Merritt Island location and that rare asset of direct launch-viewing access—this price point reflects the dual-income aerospace professional demographic who values the 15–25 minute commute to Kennedy Space Center over finding cheaper waterfront elsewhere in Brevard County. The real scrutiny here should be on condition and lot size: at 0.15 acres, you're getting typical South Florida density, so any deferred maintenance or foundation concerns on a 24-year-old structure could quickly erase the location advantage. If your household works in aerospace and the view is genuine, this makes sense; if you're banking on appreciation or viewing it as a pure waterfront bargain, this market has already priced in those factors.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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: ActiveJun 8, 2026
- Listed$850,000May 12, 2026
- Price reduced$840,000
Documents
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Subdivision
- Banana River Drive Subd
- County
- Brevard
- Year built
- 2000
- Living area
- 1,194 sq ft
- Price/sq ft
- $704
- Building area
- 0 sq ft
- Lot size
- 6,534 sq ft
- Garage
- 1 spaces
- Parcel #
- 25-37-06-Cx-00000.0-0006.01
- MLS #
- 1076931
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
Parking
- Garage spaces
- 1
Exterior & Construction
- Waterfront
- Yes
Listing Details
- Listing date
- 2026-05-09
- On market date
- 2026-05-12
- Original list price
- $850,000
- Status changed
- 2026-06-08
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.
Based on information submitted to the MLS GRID as of June 26, 2026 at 4:59 PM 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.
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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.
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