1295 S Banana River Drive, Merritt Island, Fl 32952, FL1295 S Banana River Drive, Merritt Island, Fl 32952, FL1295 S Banana River Drive, Merritt Island, Fl 32952, FL
Stellar MLS
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$2,700,000

1295 S Banana River Drive, Merritt Island, Fl 32952

Merritt Island, FL 32952

Listing updated: July 6, 2026 at 4:35 PM ET

Active
Listing courtesy of Waterman Real Estate, Inc. · Vera L Koon · MLS #1079164 · Active · 321-215-2100
5
Beds
5
Baths
4,860
Sq Ft
0.35
Acres
2026
Built
Private pool3-car garage$556/sqft
Single Family Residence

Property type

2026

Year built

15,246 sqft

Lot size

$556

Price / sq ft

No HOA

HOA dues

3

Garage spaces

About this home

Experience the pinnacle of coastal luxury at Marina Bay Estates, Merritt Island's exclusive marina-front enclave. Perfectly positioned on a premier homesite, this exceptional new construction model residence offers an unparalleled blend of sophisticated design, resort-style amenities, and breathtaking views of the marina, Banana River, and iconic Space Coast rocket launches. Designed for elevated waterview living, this five-bedroom, five-bath estate with a private den showcases soaring 12-foot ceilings, expansive impact-rated windows and doors, and seamless indoor-outdoor entertaining spaces. Three private balconies capture stunning panoramic vistas, while the resort-inspired pool and outdoor kitchen create the ultimate setting for entertaining or unwinding in style. Inside, every detail reflects refined craftsmanship and luxury living, including a temperature-controlled wine cellar, dual primary suites designed for comfort and privacy, and spacious open-concept living areas curated for modern elegance. For boating and adventure enthusiasts, the property includes a designated boat slip, a two-car garage, and an impressive 45-foot RV/boat garage -- a rare offering for waterfront luxury homes. Located just steps from the renowned Marker 24 Riverfront Grille and only minutes from Cocoa Beach and Cape Canaveral, this extraordinary residence offers effortless access to dining, beaches, boating, and the very best of Florida's coastal lifestyle.

Estimated monthly payment

Principal & interest$13,653
Property taxes$2,475
Home insurance (est.)$1,238

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 5, 2026
  2. Listed$2,700,000
    Jun 5, 2026
  3. Price increased$2,700,000

Documents

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Subdivision
Banana River Drive Subd
County
Brevard
Year built
2026
Living area
4,860 sq ft
Price/sq ft
$556
Building area
7,159 sq ft
Lot size
15,246 sq ft
Garage
3 spaces
Pool
Private pool
Parcel #
25-37-06-Cx-00000.0-0015.09
MLS #
1079164

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Interior Details

Bedrooms
5
Full bathrooms
5

Parking

Garage spaces
3

Exterior & Construction

Pool
Private pool

Listing Details

Listing date
2026-05-18
On market date
2026-06-05
Original list price
$2,700,000
Status changed
2026-06-05

Location

Property sale history

Public records

1295 S BANANA RIVER DR, MERRITT ISLAND 32952

  • Aug 2024$375,000

4,860 sq ft · 0.3500 acres

Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.

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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 6, 2026 at 4:35 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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