Mar y Sol Properties

540 S Banana River Drive 101, Merritt Island, FL 32952 (MLS# 1062554)


$569,900
540 S Banana River Drive 101
Merritt Island, FL 32952
MLS# 1062554
3 beds  |  3 baths


FRONT DOOR
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FRONT DOOR ARIEL FRONT OF BUILDING ARIEL FRONT OF BUILDING FOYER GREAT ROOM GREAT ROOM GREAT ROOM GREAT ROOM SUNRISE MARINA DINNING AREA DININING AREA BREAKFAST BAR KITCHEN BREAKFAST BAR PASS THROUGH MASTER BEDROOM MASTER BEDROOM MASTER BEDROOM MASTER BATHROOM MASTER TUB AND SHOWER MASTER BAHT GUEST SUITE GUEST SUITE BATHROOM GUEST BEDROOM MAIN BATHROOM LAUNDRY ROOM SUN RISE BALCONY BALCONY POOL WILD LIFE MARINA VIEW MARINA VIEW BOAT SLIP ONLY SUNSETS

Property Description
This Riverfront Beauty is Just 5 Minutes from the Beach! Experience coastal living in this spacious 3-bedroom, 3-bath condo featuring soaring 10-foot tray ceilings and an oversized wraparound balcony overlooking both the marina and the Banana River. The bright and airy great room is lined with 8-foot sliding glass doors on two sides, filling the space with natural light and framing views of the marina. All windows and doors are hurricane-impact rated for peace of mind, and the elegant window treatments allow you to control the light and privacy with ease. The chef's kitchen is designed for both style and function, with solid-surface countertops, a separate pantry, and a breakfast bar. The master suite features a spacious bathroom with a soaking tub, walk-in shower, and dual sinks plus a walk-in closet and additional linen closet. A separate laundry room, balcony storage, ceiling fans, vinyl plank flooring and tile add both durability and charm to every room (Boat Slip Available)

Details
Maps
Documents
Contract Information
Start Showing Date: 2025-11-21
Property Attached YN: Yes
Unit Type: End Unit
Comp Sale YN: No
Current Price: $569,900
Original List Price: 579900
List Price: $569,900
Status: Active
Listing Contract Date: 2025-11-19
Property Sub Type: Condominium
Currently Not Used
Homestead YN: Yes
Location, Tax, and Legal
Unit Number: 101
Tax Account: 2458484
Parcel Number: 24-37-31-75-00000.0-0003.02
General County Location: Central
Elementary School: Tropical
Middle School: Jefferson
High School: Merritt Island
Tax Year: 2025
Zoning Description: Residential
Directions: from US 1 East on 520 turn right on S. Banana River Dr. head south, Marina Village will be on the left.
General Property Information
Stories Total: 4
Accessory Dwelling Unit Y/N: No
Bathrooms Half: 0
Living Area: 2279
Living Area Source: Public Records
Lot Size Acres: 0.02
Lot Size Square Feet: 871
Accessibility Features YN: No
Association YN: Yes
Association Fee: 934
New Construction YN: No
Association Fee Frequency: Monthly
Association Name: BP DAVIS PROPERTY MANAGEMENT
Association Phone: 321-784-2091
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: Yes
Water Body Name: Banana River
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: Yes
Furnished: Unfurnished
Stories: 1
Entry Level: 1
Direction Faces: North
Pool Private YN: No
List Price/SqFt: 250.07
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 2005
Remarks and Miscellaneous
Public Remarks: This Riverfront Beauty is Just 5 Minutes from the Beach! Experience coastal living in this spacious 3-bedroom, 3-bath condo featuring soaring 10-foot tray ceilings and an oversized wraparound balcony overlooking both the marina and the Banana River. The bright and airy great room is lined with 8-foot sliding glass doors on two sides, filling the space with natural light and framing views of the marina. All windows and doors are hurricane-impact rated for peace of mind, and the elegant window treatments allow you to control the light and privacy with ease. The chef's kitchen is designed for both style and function, with solid-surface countertops, a separate pantry, and a breakfast bar. The master suite features a spacious bathroom with a soaking tub, walk-in shower, and dual sinks plus a walk-in closet and additional linen closet. A separate laundry room, balcony storage, ceiling fans, vinyl plank flooring and tile add both durability and charm to every room (Boat Slip Available)
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Oven: 1
Electric Range: 1
Electric Water Heater: 1
Ice Maker: 1
Induction Cooktop: 1
Microwave: 1
Plumbed For Ice Maker: 1
Refrigerator: 1
Washer: 1
Architectural Style
Traditional: 1
Association Amenities
Boat Dock: 1
Cable TV: 1
Car Wash Area: 1
Elevator(s): 1
Fitness Center: 1
Gated: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Management - Off Site: 1
Marina: 1
Pool: 1
Sauna: 1
Spa/Hot Tub: 1
Trash: 1
Water: 1
Association Fee Includes
Cable TV: 1
Insurance: 1
Internet: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Security: 1
Sewer: 1
Trash: 1
Water: 1
Closing Company Details
Closing Company Name: ISLAND TITLE & ESCROW AGENCY INC.
Closing Company Address: 2245 N COURTENAY PKWY. MERRITT ISLAND FL. PH 321-453-6099
Construction Materials
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Split System: 1
Current Use
Marina: 1
Residential: 1
DPR Eligible
DPR Eligible: Yes
Exterior Features
Balcony: 1
Dock: 1
Impact Windows: 1
Fencing
Block: 1
Chain Link: 1
Full: 1
Wrought Iron: 1
Flooring
Tile: 1
Vinyl: 1
Heating
Central: 1
Electric: 1
Hot Water: 1
Interior Features
Breakfast Bar: 1
Built-in Features: 1
Ceiling Fan(s): 1
Entrance Foyer: 1
Guest Suite: 1
In-Law Floorplan: 1
Open Floorplan: 1
Pantry: 1
Primary Bathroom - Tub with Shower: 1
Primary Bathroom -Tub with Separate Shower: 1
Split Bedrooms: 1
Walk-In Closet(s): 1
Laundry Features
Electric Dryer Hookup: 1
In Unit: 1
Washer Hookup: 1
Legal Details
Permission Granted to Advertise: Yes
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Few Trees: 1
Sprinklers In Front: 1
Sprinklers In Rear: 1
Parking Features
Assigned: 1
Garage: 1
Garage Door Opener: 1
Gated: 1
Guest: 1
Secured: 1
Underground: 1
Patio And Porch Features
Covered: 1
Rear Porch: 1
Wrap Around: 1
Pets Allowed
Total Number Of Pets: 2
Cats OK: 1
Dogs OK: 1
Number Limit: 1
Weight Limit: 70
Possession
Close Of Escrow: 1
Power Production Type
Ownership: Seller Owned
Water Body Access Type
Community: 1
Navigable: 1
Road Frontage Type
County Road: 1
Road Surface Type
Asphalt: 1
Roof
Concrete: 1
Membrane: 1
Security Features
Closed Circuit Camera(s): 1
Entry Phone/Intercom: 1
Fire Alarm: 1
Fire Sprinkler System: 1
Firewall(s): 1
Secured Elevator: 1
Secured Lobby: 1
Security Fence: 1
Security Gate: 1
Security Lights: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Spa Features
Community: 1
Heated: 1
In Ground: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Cable Connected: 1
Electricity Available: 1
Electricity Connected: 1
Sewer Available: 1
Sewer Connected: 1
Water Available: 1
Water Connected: 1
View
Marina: 1
River: 1
Water Source
Public: 1
Waterfront Features
Navigable Water: 1
River Access: 1
River Front: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Lockbox: 1
Restricted Hours: 1
Showing Service: 1
Video Surveillance: 1
Showing Considerations
Occupied: 1
Pet(s) on Premises: 1
Rental Restrictions
3 Months: 1
Community Features
Gated: 1
Sidewalks: 1
Location Tax and Legal
Street Number: 540
Street Direction Prefix: S
Street Name: Banana River
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32952
MLS Area Major: 253 - S Merritt Island
Subdivision Name: Marina Village Condo Ph I
Status Change Information
Major Change Timestamp: 2025-12-19T11:42:51Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-12-19T11:42:51Z
Status Change Timestamp: 2025-11-19
Property Features
Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Ice Maker; Induction Cooktop; Microwave; Plumbed For Ice Maker; Refrigerator; Washer
Architectural Style: Traditional
Association Amenities: Boat Dock; Cable TV; Car Wash Area; Elevator(s); Fitness Center; Gated; Maintenance Grounds; Maintenance Structure; Management - Off Site; Marina; Pool; Sauna; Spa/Hot Tub; Trash; Water
Association Fee Includes: Cable TV; Insurance; Internet; Maintenance Grounds; Maintenance Structure; Security; Trash; Water
Construction Materials: Concrete; Stucco
Cooling: Central Air; Electric; Split System
Current Use: Marina; Residential
Exterior Features: Balcony; Dock; Impact Windows
Fencing: Block; Chain Link; Full; Wrought Iron
Flooring: Tile; Vinyl
Heating: Central; Electric; Hot Water
Interior Features: Breakfast Bar; Built-in Features; 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)
Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Few Trees; Sprinklers In Front; Sprinklers In Rear
Parking Features: Assigned; Garage; Garage Door Opener; Gated; Guest; Secured; Underground
Patio And Porch Features: Covered; Rear Porch; Wrap Around
Pets Allowed: Cats OK; Dogs OK; Number Limit
Possession: Close Of Escrow
Water Body Access Type: Community; Navigable
Rental Restrictions: 3 Months
Road Frontage Type: County Road
Road Surface Type: Asphalt
Roof: Concrete; Membrane
Security Features: Closed Circuit Camera(s); Entry Phone/Intercom; Fire Alarm; Fire Sprinkler System; Firewall(s); Secured Elevator; Secured Lobby; Security Fence; Security Gate; Security Lights; Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Appointment Only; Lockbox; Restricted Hours; Showing Service; Video Surveillance
Spa Features: Community; Heated; In Ground
Special Listing Conditions: Standard
Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Sewer Available; Sewer Connected; Water Available; Water Connected
View: Marina; River
Water Source: Public
Waterfront Features: Navigable Water; River Access; River Front
Showing Considerations: Occupied; Pet(s) on Premises
Community Features: Gated; Sidewalks

Listing Office: Better Homes & Gardens RE Star

Last Updated: December - 19 - 2025

Information is deemed to be reliable, but is not guaranteed.