540 S Banana River Drive 103 Merritt Island, FL $ 464,900
540 S Banana River Drive 103
$ 464,900
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540 S Banana River Drive 103

Merritt Island, FL, 32952
$ 464,900
Bedrooms3 Baths3.0 Sq 1,743

Monthly Estimate*

$ 2,862

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Condo for sale in Merritt Island, FL

for $464,900 with 3 bedrooms and 3 full baths. This 1,743 square foot condo was built in 2005 on a lot size of 0.02.

Just list a direct Banana River front condo. Bring your boat, boat lift included in this sale. This luxury condo is in a gated community with 3 bedrooms, 3 baths. Features 2 car parking places under the building including a private storage closet. Large marina dock along side the community pool. This unit has crown molding, maple kitchen cabinets, Corian tops in great shape, washer and dryer utility closet, 3 master bedrooms, walk-in closets and so much more. A must see.

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Condo Active

Price

$ 464,900

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 1,899

Style

Condominium

Lot Size

0.02

Year Built

2005

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

1074404

Features
General
Living Area 1743
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Available Water Available
Possession Close Of Escrow
Roof Concrete Membrane
Appliances Dishwasher Disposal Electric Oven Electric Range Electric Water Heater Ice Maker Microwave Refrigerator
HOA Fee 934
Garage Spaces 1
Patio/Porch Features Covered Rear Porch
Security Features Closed Circuit Camera(s) Fire Alarm Fire Sprinkler System Firewall(s) Security Fence Security Gate Security Lights Smoke Detector(s) Entry Phone/Intercom Secured Elevator Secured Lobby
Construction Materials Concrete Stucco
Pets Allowed Cats OK Dogs OK Number Limit Yes
Year Built 2005
View Marina
Stories Count 1
Unit Number 103
Property Subtype Condominium
Tax Year 2025
Current Use Residential
Waterfront Features River Front
Additional Parcels Description 2458486
Assoc Fee Paid Per Monthly
County Brevard
New Construction false
Property Type Residential
Association Amenities Boat Dock Cable TV Car Wash Area Elevator(s) Fitness Center Gated Maintenance Grounds Maintenance Structure Management - Off Site Marina Pool Spa/Hot Tub Trash Water
HOA true
Attached Garage false
Subdivision Name Marina Village Condo Ph I
Facing Direction North
Garage Y/N true
Total Rooms 0
Full Baths 3
Status Active
Directions From 520 turn Right onto S. Banana River Dr. to Marina Village Condo.
High School Merritt Island
City Merritt Island
Association Name Marina Village Condominium
Senior Community Y/N false
MLS Area 254 - Newfound Harbor
Lot Size Units Acres
Lot Size Square Feet 871
Carport Y/N false
Spa Features Community Heated In Ground
Elementary School Tropical
Tax Annual Amount 1899.44
Middle/Junior High School Jefferson
MLS Area Minor 254 - Newfound Harbor
Standard Status Active
Legal Description MARINA VILLAGE CONDO PH I UNIT 203 MARINA VILLAGE CONDO PHASE I AS DESC IN ORB 5450 PG 1981 AND ALL AMENDMENTS THERETO
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Interior
Interior Amenities Breakfast Bar Ceiling Fan(s) Entrance Foyer Guest Suite In-Law Floorplan Open Floorplan Pantry Primary Bathroom - Tub with Shower Primary Bathroom -Tub with Separate Shower Split Bedrooms Walk-In Closet(s)
Furnished Y/N Unfurnished
Total Stories 4
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 3
Entry Level 1
Total Baths 3
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Exterior
Exterior Amenities Balcony Dock
Fencing Block Chain Link Full Wrought Iron
Parking Features Additional Parking Assigned Garage Garage Door Opener Gated Guest Secured Underground
Lot Features Few Trees Sprinklers In Front
Water Source Public
Lot Size Area 0.02
Lot Size Acres 0.02
Road Surface Type Asphalt
Waterfront Y/N true
Road Frontage Type County Road
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* Excluded Features
List By
All Real Estate, Inc.

Broker

tdemark@areproperties.com

Email

Affordability Calculator

$3,021
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,862
Monthly Property Taxes
$158
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4812050 Elementary School
4788136 Middle School
Merritt Island High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2026$464,900 Listed Price

Map


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540 S Banana River Drive 103, Merritt Island, FL, 32952 is a Condo for sale at $464,900 with 1,743 sqft and a lot size of 0.02. 540 S Banana River Drive 103 has 3 bedrooms, 3.0 baths, and was built in 2005. The property's zip code is 32952 which is in Merritt Island, FL