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540 Banana River Drive Merritt Island FL 32952

$500,000
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540 Banana River Drive, Merritt Island, FL 32952 - MLS#1074681 540 Banana River Drive, Merritt Island, FL 32952 - MLS#1074681 540 Banana River Drive, Merritt Island, FL 32952 - MLS#1074681 540 Banana River Drive, Merritt Island, FL 32952 - MLS#1074681

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
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Overview of 540 S Banana River Drive 105, Merritt Island, Fl 32952

3 Bedrooms
3 Bathrooms
2 Car Garage
1,743 Square Feet
1,743SF Living Area
Pool:
No
Water
Year Built 2005
Listed For Days

Don't miss this condo for sale in Marina Village! Direct waterfront community on the banana river with miles of stunning views, breathtaking sunrises, and abundant wildlife. Enjoy watching rocket launches and cruise ships from the comfort of home. This spacious 3br/3ba unit overlooks the river and community pool/spa. Private bath in master as well as bedroom 3. Open great room with triple sliders brings in natural light and river breezes. 10 foot ceilings and 8 foot doors. Primary bedroom features private balcony access with water views. Updates include new appliances and a tankless water heater, and ac is only 3 years old. Private marina with boat slips available (unit does not include slip). Conveniently located near the beach, kennedy space center, orlando international airport, shopping, dining, and local attractions. No condo approval or right of first refusal. Two pets allowed (35 lb max). 3-month minimum rental.

This lovely condo was built in 2005 and features 3 bedrooms, and 3 full bathrooms. This condo for sale is 1,743 square feet, with 1,743 sq ft being air conditioned living space. The condo2 assigned parking garage spots and does not have a private swimming pool, although there is a community pool in the complex for use by residents.

Directions to this property are as follows: From 520 Turn South Onto S. Banana River Dr. To Marina Village Condo On The Left.

Please contact your ZFC agent for more information about MLS# 1074681 or any other condos for sale in Merritt Island or elsewhere in the Brevard County area.

Features & Amenities

Appliances

Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer

Cooling

Central Air, Electric

Heating

Central, Electric

Flooring

Tile

Parking

Assigned, Garage Door Opener, Guest, Underground

Lot Size

871.2 Acres

View

Marina, Pool, River, Water, Intracoastal view

Construction Materials

Block, Concrete, Stucco

Security Features

Fire Sprinkler System, Security Gate, Secured Elevator, Secured Lobby

Interior Features

Breakfast Bar, Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom -Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s), Wet Bar

Furnished

Unfurnished

Exterior Features

Balcony, Outdoor Shower, Boat Ramp -Private

Lot Features

Other

Property Condition

Updated/Remodeled

Patio And Porch Features

Patio

Roof

Membrane

Utilities

Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Waterfront Features

Navigable Water, Intracoastal

Water Body Name

Banana River

Laundry

Electric Dryer Hookup, Washer Hookup

Fencing

Fenced

Spa Features

Community, Heated, In Ground

Number Of Stories

1

Year Built

2005

Pets Allowed

Number Limit, Size Limit

Annual Real Estate Taxes

$2,173 (2025)

Legal Description

Marina Village Condo Ph I Unit 205 Marina Village Condo Phase I As Desc In Orb 5450 Pg 1981 And All Amendments Thereto

Property Type

Condominium

HOA Fees

$912 /Monthly

Association Fee Includes

Cable T V, Internet, Pest Control, Sewer, Trash, Water

Association Amenities

Boat Dock, Car Wash Area, Clubhouse, Fitness Center, Maintenance Grounds, Maintenance Structure, Management -Full Time, Management -Off Site, Pool, Sauna, Spa/Hot Tub, Storage

Other Structures

Shed(s)

Current Use

Marina, Residential

Direction Faces

South

MLS Number

1074681

Community Name

Marina Village Condo Ph I

Property Manager

Marina Village Condos 954-699-7464

540 Banana River Dr Price Calculator

Get Mortgage Quote For This Condo

The payment calculator figures for 540 S Banana River Drive 105, Merritt Island, Fl 32952 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this condo for sale are estimated based on the actual property taxes for this property for the tax year 2025 which are $2,173 but will likely change when this condo sells. These estimations are calculated from a list price of $500,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the condo characteristics and location.

Recent Condo Sales near 540 Banana River Dr

Address Sale Price Bed Bth Size Location Sale Date
540 S Banana River Drive, 305, Merritt Island, FL 32952 $Log in to view 3 3/0 0SF Marina Village Condo Ph I 09/10/2025
540 S BANANA RIVER DR #305 $Log in to view 3 3/0 1,743SF J J Coveys Unrec Sub 09/10/2025
300 S SYKES CREEK PKWY #306 $Log in to view 3 2/0 1,909SF Merritt Towers 06/26/2025
250 N BANANA RIVER DR #A23 $Log in to view 2 1/0 2,178SF Treasure Coast Harbour Villas 06/11/2025

MLS# 1074681 Listing History

04/15/2026 Listed for sale by EXP Realty, LLC with MLS# 1074681 with a list price of $500,000.

Public Transportation

Space Coast Area Transit:

Route 4 520 Connector

Space Coast Area Transit:

Route 4 520 Connector

Space Coast Area Transit:

Route 4 520 Connector

Space Coast Area Transit:

Route 4 520 Connector

Space Coast Area Transit:

Route 4 520 Connector

This listing of 540 Banana River Dr Merritt Island FL 32952 was last updated on 2026-04-15 11:32:04. Listing courtesy of EXP Realty, LLC.
MLS

Map of 540 Banana River Dr Merritt Island FL 32952

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Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Submit Request, you are registering to this website and agreeing that ZFC Real Estate, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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