1295 S Banana River Drive Merritt Island, FL $ 2,700,000
1295 S Banana River Drive
$ 2,700,000
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1295 S Banana River Drive

Merritt Island, FL, 32952
$ 2,700,000
Bedrooms5 Baths5.0 Sq 4,860

Monthly Estimate*

$ 16,624

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View a Virtual Tour

Single Family Home for sale in Merritt Island, FL

for $2,700,000 with 5 bedrooms and 5 full baths. This 4,860 square foot home was built in 2026 on a lot size of 0.35.

Experience the pinnacle of coastal luxury at Marker 24, 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, river, and iconic Space Coast rocket launches. Designed for elevated waterfront 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. Experience the pinnacle of coastal luxury at Marker 24, Merritt Island's exclusive marina-front enclave. Perfectly positioned on a premier waterfront homesite, this exceptional new construction model residence offers an unparalleled blend of sophisticated design, resort-style amenities, and breathtaking views of the marina, river, and iconic Space Coast rocket launches. Designed for elevated waterfront 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.

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Single Family Active

Price

$ 2,700,000

Bedrooms

5

Full Bath

5

Property Type

Single Family

Taxes

$ 1,621

Style

Single Family Residence

Lot Size

0.35

Year Built

2026

Town/City

Merritt Island

County/Region

Brevard

MLS | Web ID

1079164

Features
General
Living Area 4860
Sewer Aerobic Septic
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Connected Water Connected
Possession Close Of Escrow
Roof Metal
Appliances Convection Oven Dishwasher Double Oven Electric Range Electric Water Heater Ice Maker Microwave Plumbed For Ice Maker Refrigerator Wine Cooler
HOA Fee 300
Garage Spaces 3
Patio/Porch Features Covered Patio
Pool Features Heated In Ground Salt Water
Security Features Smoke Detector(s)
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 2026
View Pool River Intracoastal
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Current Use Residential Single Family
Additional Parcels Description 3018252
Assoc Fee Paid Per Monthly
County Brevard
New Construction false
Property Type Residential
Association Amenities Pool
HOA true
Attached Garage false
Subdivision Name Banana River Drive Subd
Facing Direction East
Garage Y/N true
Total Rooms 0
Full Baths 5
Status Active
Directions Heading east on Merritt Island Causeway. Turn right onto S Banana River Drive. Home will be on your right approximately 1.5 miles.
High School Merritt Island
City Merritt Island
Association Name tbd
Senior Community Y/N false
Zoning Description Residential
MLS Area 254 - Newfound Harbor
Lot Size Units Acres
Lot Size Square Feet 15246
Carport Y/N false
Elementary School Tropical
Land Lease Y/N false
Tax Annual Amount 1621.26
Middle/Junior High School Jefferson
MLS Area Minor 254 - Newfound Harbor
Virtual Tour https://pinkflamingophoto.hd.pics/1295-S-Banana-River-Dr/idx
Standard Status Active
Legal Description BANANA RIVER DRIVE SUBD PART OF LOT 15 LYING W OF BANANA RIVER DR E & S OF ORB 8217 PG 2464 & N OF ORB 9660 PG 893
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Entrance Foyer Guest Suite His and Hers Closets In-Law Floorplan Kitchen Island Open Floorplan Pantry Primary Bathroom -Tub with Separate Shower Primary Downstairs Split Bedrooms Walk-In Closet(s) Wine Cellar
Flooring Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features Electric Dryer Hookup Lower Level Upper Level
Total Bedrooms 5
Entry Level 1
Total Baths 5
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Exterior
Exterior Amenities Balcony Outdoor Kitchen Outdoor Shower Impact Windows
Parking Features Garage Garage Door Opener RV Access/Parking
Lot Features Other
Water Source Public
Lot Size Area 0.35
Building Area Total 7159
Lot Size Acres 0.35
Road Surface Type Asphalt
Waterfront Y/N false
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* Excluded Features
List By
Waterman Real Estate, Inc.

Broker

bizarrojodie@gmail.com

Email

Affordability Calculator

$16,759
Per Month
99%
1%
0%
Monthly Principal & Interest
$16,624
Monthly Property Taxes
$135
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
6/5/2026$2,700,000 Listed Price

Map


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1295 S Banana River Drive, Merritt Island, FL, 32952 is a Single Family Home for sale at $2,700,000 with 4,860 sqft and a lot size of 0.35. 1295 S Banana River Drive has 5 bedrooms, 5.0 baths, and was built in 2026. The property's zip code is 32952 which is in Merritt Island, FL