1327 S Banana River Drive Merritt Island, FL $ 499,000
1327 S Banana River Drive
$ 499,000
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1327 S Banana River Drive

Merritt Island, FL, 32952
$ 499,000
Baths0.0

Monthly Estimate*

$ 3,113

1327 S Banana River Drive, Merritt Island, FL 32952 - Image 1
1327 S Banana River Drive, Merritt Island, FL 32952 - Image 2
1327 S Banana River Drive, Merritt Island, FL 32952 - Image 3
1327 S Banana River Drive, Merritt Island, FL 32952 - Image 4
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Studio

Lots and Land for sale in Merritt Island, FL

for $499,000. The lot size is 0.33.

DIRECT 115' of Marina Front. Cleared .35 Acre Lot. Beautiful setting with river views across the street and the marina basin in the rear. Situated by Marker 24 Marina in an area of luxury homes. House across the street recently sold for $3.45 Million. See attached survey for lot details. Ideal location to build your dream home or to hold for investment as this property will be surrounded by luxury homes. Waterfrontage backs up to the marina basin and has a boardwalk that accesses the marina slips. Come see this beautiful Merritt Island lot today!

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Lots and Land Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 703

Style

Unimproved Land

Lot Size

0.33

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

1048655

Features
General
Sewer Public Sewer
Utilities Cable Available Sewer Available
Possession Close Of Escrow
View Marina River
Property Subtype Unimproved Land
Tax Year 2024
Current Use Residential
Waterfront Features Canal Front
County Brevard
Property Type Land
HOA N
Subdivision Name Marker 24
Status Active
Directions Merritt Island Causeway (Hwy 520). South on South Banana River Drive. Just before the drawbridge/marina on the right with marina frontage at 1327 S Banana River Drive.
High School Merritt Island
City Merritt Island
Body of Water Canal Non-Navigation
Senior Community Y/N N
Zoning Description Commercial
MLS Area 254 - Newfound Harbor
Lot Size Units Acres
Lot Size Square Feet 14375.0
Elementary School Tropical
Land Lease Y/N N
Tax Annual Amount 703.0
Home Warranty Y/N N
Middle/Junior High School Jefferson
Lease Renewal Y/N N
MLS Area Minor 254 - Newfound Harbor
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1048655
Standard Status Active
Legal Description BANANA RIVER DRIVE SUBD PART OF LOTS 15 16 LYING W OF BANANA RIVER DR AS DESC IN ORB 9660 PG 893
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Exterior
Lot Features Few Trees
Water Source Public
Lot Size Area 0.33
Spa N
Lot Size Acres 0.33
Road Surface Type Asphalt
Waterfront Y/N Y
Road Frontage Type County Road
Number of Lots 1
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Total Baths 0
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Internal Only
Street Number 1 1327
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* Excluded Features
List By
Re/Max Aerospace Realty

Broker

Affordability Calculator

$3,172
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
$59
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1362919 Elementary School
1362970 Middle School
Merritt Island High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2025$499,000 Listed Price

Map


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1327 S Banana River Drive, Merritt Island, FL, 32952 is a Lots and Land for sale at $499,000 with a lot size of 0.33. 1327 S Banana River Drive is a studio with 0.0 baths. The property's zip code is 32952 which is in Merritt Island, FL