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$439,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,743 Sq. Ft.
  • Updated 5 days ago
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Your island lifestyle awaits in this gated, Key West-inspired community surrounded by lush tropical landscaping. This top-floor, 3-bedroom condo features three full en-suite bathrooms, tile floors, high ceilings, serene river views from the living room and master suite, and a private balcony with extra storage-perfect for spotting dolphins and manatees. Additional storage is also included in the garage. Enjoy the fantastic amenities at Marina Village, including a heated pool, sauna, gym, boat ramp, and social events. Boat slips may be available for purchase or rent. This condo comes with two garage parking spots and is conveniently located near the beach, shopping, dining, and just 50 minutes from Orlando Airport.. Investor-friendly with great rental potential (3-month minimum). New HVAC (2020). HOA covers water, sewer, landscaping, trash, maintenance, and insurance. Don't miss this slice of paradise!

Full Property Details for 540 S Banana River Dr #305

General

  • Price: $439,000
  • HOA FEE: $908/month
  • Status: Active
  • Type: Condo
  • Source: BrevardCounty
  • MLS ID: 1030357
  • Updated: 11/22/2024
  • Added to Site: 6 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Guest Suite, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Unit

Additional Information

  • Shared Amenities: Car Wash Area, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Management - Off Site, Sauna, Storage, Trash, Water
  • Security/Safety: Security Gate, Secured Lobby

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Assigned, Garage, Guest

Location

  • Area: 254 - Newfound Harbor
  • County: Brevard
  • Subdivision: Marina Village Condo Ph I
  • Driving Directions: 520 from US1 going east, take right on S Banana River Dr. 3/4 miles south first gate on left. Top floor unit 305
  • Direction Faces: North

School Information

  • Elementary School: Tropical
  • Middle School: Jefferson
  • High School: Merritt Island

Community

  • Community Features: Car Wash Area, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Management - Off Site, Sauna, Storage, Trash, Water
  • Association: Yes
  • Assoc. Name: Showcase Property Management
  • Assoc. Fees Include: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Block, Concrete, Stucco
  • Roof: Membrane
  • Stories/Levels: 1
  • Square Feet: 1,743
  • Living Area: 1,743 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 2005

Lot Features

  • Property View: Marina, River
  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 871
  • Lot Features: Few Trees

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Name: Banana River

Financial Considerations

  • Price Per Sq. Ft.: $251.86
  • Association Fee: Yes
  • Association Fee: $908
  • Assoc Fee Freq.: Monthly
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: MARINA VILLAGE CONDO PH I UNIT 405 MARINA VILLAGE CONDO PHASE I AS DESC IN ORB 5450 PG 1981 AND ALL AMENDMENTS THERETO
  • Property ID: 24-37-31-75-00000.0-0003.18

Listed by RE/MAX Aerospace Realty

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— 540 S Banana River Dr #305 —

  • RE/MAX Aerospace Realty

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 540 S Banana River Dr #305

School District:Brevard Public Schools
RatingNameGradesDistance
8
Tropical Elementary School, Merritt Is, FL
885 S Courtenay Pkwy, Merritt Is, FL 32952
PK-62.2 mi
4
Thomas Jefferson Middle School, Merritt Is, FL
1275 S Courtenay Pkwy, Merritt Is, FL 32952
7-81.8 mi
4
Merritt Island High School
100 Mustang Way, Merritt Is, FL 32953
9-123.1 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 540 S Banana River Dr #305 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/22/2024
Listed
$439,000
0.92%
MLS
4/12/2024
Sold
$435,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 540 S Banana River Dr #305

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,026
31%
$423,840
64%
2021
$3,824
-10%
$258,350
-28%
2022
$4,240
11%
$358,560
53%
2021
$3,824
11%
$233,740
7%
2018
$3,452
-7%
$217,630
-8%
2017
$3,702
8%
$237,060
20%
2016
$3,416
-3%
$197,550
-13%
2019
$3,514
-1%
$228,040
15%
2015
$3,555
12%
$197,550
16%
2014
$3,171
51%
$170,790
20%
2013
$2,099
—
$142,330
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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540 S Banana River Drive #305, Merritt Island, FL 32952 (MLS# 1030357) is a Condo property with 3 bedrooms and 3 full bathrooms. 540 S Banana River Drive #305 is currently listed for $439,000 and was received on November 22, 2024. Want to learn more about 540 S Banana River Drive #305? Do you have questions about finding other Condo real estate for sale in Merritt Island? You can browse all Merritt Island real estate or contact a Coldwell Banker agent to request more information.

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