1000 S Banana River Drive, Merritt Island, Fl 32952, FL1000 S Banana River Drive, Merritt Island, Fl 32952, FL1000 S Banana River Drive, Merritt Island, Fl 32952, FL
Stellar MLS
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$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

Active
Listing courtesy of Real Broker, Llc · Emily Garry · MLS #1076931 · Active · 855-450-0442
2
Beds
2
Baths
1,194
Sq Ft
0.15
Acres
2000
Built
Waterfront$704/sqft
Single Family Residence

Property type

2000

Year built

6,534 sqft

Lot size

$704

Price / sq ft

No HOA

HOA dues

1

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

Principal & interest$4,247
Property taxes$770
Home insurance (est.)$385

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
    Jun 8, 2026
  2. Listed$850,000
    May 12, 2026
  3. 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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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 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.

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)

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© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.

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