Mar y Sol Properties

540 S Banana River Drive 105, Merritt Island, FL 32952 (MLS# 1074681)


$500,000
540 S Banana River Drive 105
Merritt Island, FL 32952
MLS# 1074681
3 beds  |  3 baths  |  1743 sqft


42 balcony view southwest
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42 balcony view southwest 1 building 540 39 balcony with view of marina 40 balcony 41 balcony view south east 3 entry to building 540 4 front walkway 5 front door 32 dining room & living room 33 dining room & kitchen 34 dining room 35 living room with slider to balcony 36 living room 37 living room with view of marina 38 living room & dining room 6 kitchen & living area 7 kitchen 8 kitchen with pantry closet 9 kitchen with niche 10 kitchen with wine rack 11 primary bedroom with tray ceiling 12 primary bedroom with slider to balcon 13 primary bedroom 14 primary bathroom 15 primary bathroom vanity 16 primary bathroom tub & shower 17 primary bathroom shower 18 primary bathroom tub 19 primary bedroom foyer & closet 20 primary bedroom foyer 21 view from front door 22 foyer 23 bedroom 2 view from door 24 bedroom 2 with ensuite 25 bedroom 2 26 bedroom 2 ensuite 27 bedroom 2 ensuite vanity 28 bedroom 3 view from door 29 bedroom 3 30 bathroom 2 31 laundry closet 43 building 540 south side 44 community pool & clubhouse 45 community pool 46 community fitness center 47 community sauna 48 community marina 49 gated community 2 building_540

Property Description
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.

Details
Maps
Contract Information
Unit Type: Exterior Unit
Comp Sale YN: No
Current Price: $500,000
Original List Price: 500000
List Price: $500,000
Status: Active
Listing Contract Date: 2026-04-15
Property Sub Type: Condominium
Currently Not Used
Homestead YN: Yes
Location, Tax, and Legal
Unit Number: 105
Tax Account: 2458488
Parcel Number: 24-37-31-75-00000.0-0003.06
General County Location: Central
Elementary School: Tropical
Middle School: Jefferson
High School: Merritt Island
Tax Annual Amount: 2172.85
Tax Year: 2025
Tax 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
Directions: From 520 turn South onto S. Banana River Dr. to Marina Village Condo on the left
General Property Information
Stories Total: 4
Accessory Dwelling Unit Y/N: No
Bathrooms Half: 0
Living Area: 1743
Living Area Source: Assessor
Building Area Total: 1743
Lot Size Acres: 0.02
Lot Size Square Feet: 871.2
Accessibility Features YN: No
Association YN: Yes
Association Fee: 912
New Construction YN: No
Association Fee Frequency: Monthly
Association Name: Marina Village Condos
Association Phone: 954-699-7464
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: 2
Direction Faces: South
Pool Private YN: No
List Price/SqFt: 286.86
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 2005
Remarks and Miscellaneous
Public Remarks: 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.
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Tankless Water Heater: 1
Washer: 1
Association Amenities
Boat Dock: 1
Car Wash Area: 1
Clubhouse: 1
Fitness Center: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Management - Full Time: 1
Management - Off Site: 1
Pool: 1
Sauna: 1
Spa/Hot Tub: 1
Storage: 1
Association Fee Includes
Cable TV: 1
Internet: 1
Pest Control: 1
Sewer: 1
Trash: 1
Water: 1
Closing Company Details
Closing Company Name: Island Title & Escrow, Sarah Thomas
Closing Company Address: 2245 N. Courtenay Pkwy, Merritt Island, FL 32953
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Marina: 1
Residential: 1
Exterior Features
Balcony: 1
Boat Ramp - Private: 1
Outdoor Shower: 1
Fencing
Fenced: 1
Flooring
Tile: 1
Heating
Central: 1
Electric: 1
Interior Features
Breakfast Bar: 1
Built-in Features: 1
Ceiling Fan(s): 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
Wet Bar: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Legal Details
Permission Granted to Advertise: Yes
Levels
Three Or More: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Other Structures
Shed(s): 1
Parking Features
Assigned: 1
Garage Door Opener: 1
Guest: 1
Underground: 1
Patio And Porch Features
Patio: 1
Pets Allowed
Total Number Of Pets: 2
Number Limit: 1
Size Limit: 1
Weight Limit: 35
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Roof
Membrane: 1
Security Features
Fire Sprinkler System: 1
Secured Elevator: 1
Secured Lobby: 1
Security Gate: 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 Connected: 1
Sewer Connected: 1
Water Connected: 1
View
Intracoastal: 1
Marina: 1
Pool: 1
River: 1
Water: 1
Water Source
Public: 1
Waterfront Features
Intracoastal: 1
Navigable Water: 1
Showing Requirements
Appointment Only: 1
Gated: Community
No Sign: 1
Showing Considerations
Occupied: 1
Property Condition
Updated/Remodeled: 1
Rental Restrictions
3 Months: 1
Room Types
Bedroom 2: 1
Bedroom 3: 1
Great Room: 1
Kitchen: 1
Laundry: 1
Primary Bathroom: 1
Utility Room: 1
Other Room: 1
Community Features
Gated: 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: 254 - Newfound Harbor
Subdivision Name: Marina Village Condo Ph I
Status Change Information
Major Change Timestamp: 2026-04-15T14:53:52Z
Major Change Type: New Listing
Status Change Timestamp: 2026-04-15
Property Features
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Tankless Water Heater; Washer
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
Association Fee Includes: Cable TV; Internet; Pest Control; Trash; Water
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air; Electric
Current Use: Marina; Residential
Exterior Features: Balcony; Boat Ramp - Private; Outdoor Shower
Fencing: Fenced
Flooring: Tile
Heating: Central; Electric
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
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Three Or More
Listing Terms: Cash; Conventional
Lot Features: Other
Other Structures: Shed(s)
Parking Features: Assigned; Garage Door Opener; Guest; Underground
Patio And Porch Features: Patio
Pets Allowed: Number Limit; Size Limit
Possession: Close Of Escrow
Property Condition: Updated/Remodeled
Rental Restrictions: 3 Months
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Membrane
Security Features: Fire Sprinkler System; Secured Elevator; Secured Lobby; Security Gate
Sewer: Public Sewer
Showing Requirements: Appointment Only; No Sign
Spa Features: Community; Heated; In Ground
Special Listing Conditions: Standard
Utilities: Cable Available; Cable Connected; Electricity Connected; Sewer Connected; Water Connected
View: Intracoastal; Marina; Pool; River; Water
Water Source: Public
Waterfront Features: Intracoastal; Navigable Water
Showing Considerations: Occupied
Room Types: Bedroom 2; Bedroom 3; Great Room; Kitchen; Laundry; Primary Bathroom; Utility Room; Other Room
Community Features: Gated
Room Information
Room Name Length Length Width Width Remarks
Kitchen10.8310.837.837.83Soft close & slide out drawers
Primary Bathroom17.5817.5813.3313.33Slider to Balcony & Banana River view
Bedroom 214.0814.0811.2511.25North View of Banana River
Bedroom 312.7512.7511.2511.25En-Suite W North View of Banana River
Other17.5817.5813.3313.33Master Bath, Glass Shower, Soaking Tub
Other7.587.585.255.25Bath #2, Tub-Shower, 18' Tile floor
Other9.339.335.505.50Bath #3, Ensuite, Tub-Shower
Great Room24.0024.0013.2513.25Triple Sliders, Wood Floor
Other8.838.834.834.83Master Custom Walk-in Closet
Laundry5.255.253.663.66
Other7.757.752.162.16Wet Bar Area with Upper and Lower Cabinets
Utility Room6.916.915.085.08
Other4.084.083.503.50Patio Storage
Other22.0022.009.589.58Un-Screened Balcony Banana River View, Patio

Listing Office: EXP Realty, LLC

Last Updated: April - 15 - 2026

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