Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$2,700,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 5 Full Baths
  • 4,860 Sq. Ft.
  • Updated 10 days ago
See This Home
Save This Home
See This Home
Save This Home
Experience the pinnacle of coastal luxury at Marina Bay Estates, 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, Banana River, and iconic Space Coast rocket launches. Designed for elevated waterview 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.

Full Property Details for 1295 S Banana River Dr

General

  • Price: $2,700,000
  • HOA FEE: $300/month
  • Taxes: $1,621 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrevardCounty
  • MLS ID: 1079164
  • Updated: 6/11/2026
  • Added to Site: 34 day(s) ago

Interior

  • Interior Features: 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
  • Appliances: Convection Oven, Dishwasher, Double Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Wine Cooler
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Electric Dryer Hookup, Lower Level, Upper Level

Additional Information

  • Shared Amenities: Pool
  • Pool: Yes
  • Pool Description: Heated, In Ground, Salt Water
  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Balcony, Outdoor Kitchen, Outdoor Shower, Impact Windows
  • Porch/Patio/Deck: Covered, Patio

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Garage, Garage Door Opener, RV Access/Parking

Location

  • Area: 254 - Newfound Harbor
  • County: Brevard
  • Subdivision: Banana River Drive Subd
  • Driving Directions: Heading east on Merritt Island Causeway. Turn right onto S Banana River Drive. Home will be on your right, approximately 1.5 miles.
  • Direction Faces: East

School Information

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

Community

  • Community Features: Pool
  • Association: Yes
  • Assoc. Name: tbd
  • Pets Allowed: Yes
  • Pet Restrictions: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central
  • Water Heater: Electric

Utilities

  • Sewer: Aerobic Septic
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Water Connected

Structural Information

  • Exterior Const.: Block, Concrete, Stucco
  • Roof: Metal
  • Stories/Levels: 2
  • Square Feet: 4,860
  • Living Area: 4,860 Sq. Ft.
  • Current Bldg. Use: Residential, Single Family
  • Year Built: 2026

Lot Features

  • Property View: Pool, River, Intracoastal
  • Lot Size (Acres): 0.35
  • Lot Size (Sq. Ft.): 15,246
  • Street/Road Desc.: Asphalt
  • Lot Features: Other

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $555.56
  • Association Fee: Yes
  • Association Fee: $300
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $1,621.26
  • Tax Year: 2025
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 25-37-06-Cx-00000.0-0015.09

Listed by Waterman Real Estate, Inc.

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 1295 S Banana River Dr —

  • Waterman Real Estate, Inc.

  • Waterman Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1295 S Banana River Dr

School District:Brevard County School District
NameGradesDistance
Tropical Elementary School, Merritt Island, FL
885 South Courtenay Parkway, Merritt Island, FL 32952
K-62.2 mi
Merritt Island High School
100 Mustang Way, Merritt Island, FL 32953
9-123.8 mi
Thomas Jefferson Middle School, Merritt Island, FL
1275 South Courtenay Parkway, Merritt Island, FL 32952
7-81.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1295 S Banana River Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/18/2026
Listed
$2,700,000
620%
MLS
8/23/2024
Sold
$375,000
—
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 1295 S Banana River Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,621
112%
$135,000
111%
2024
$764
-3%
$63,970
—
2023
$786
-47%
$63,970
-49%
2022
$1,487
-40%
$125,340
-34%
2021
$2,470
-6%
$188,830
—
2019
$2,620
—
$188,830
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1295 S Banana River Dr

$
Down Payment
%
$
%

$
$
$

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Waterman Real Estate, Inc.

Similar Properties near 1295 S Banana River Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2175 S Tropical Trail, Merritt Island, FL 32952 - Photo 1
$2,695,000

2175 S Tropical Trail  Merritt Island, FL 32952

  • Single Family
  • Active
  • Updated 8 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 4,097
    Sq. Ft.
3698 Lake Adelaide Pl, Rockledge, FL 32955 - Photo 1
$2,650,000

3698 Lake Adelaide Pl  Rockledge, FL 32955

  • Single Family
  • Active
  • 5
    Beds
  • 4
    Total Baths
  • 3,647
    Sq. Ft.
700 Milford Point Dr, Merritt Island, FL 32952 - Photo 1
$2,259,000

700 Milford Point Dr  Merritt Island, FL 32952

  • Single Family
  • Active
  • Updated 10 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 4,040
    Sq. Ft.
106 Victoria St, Merritt Island, FL 32952 - Photo 1
$2,500,000

106 Victoria St  Merritt Island, FL 32952

  • Single Family
  • Active
  • 4
    Beds
  • 5
    Total Baths
  • 3,988
    Sq. Ft.
Listed by Florida Realty Investments

Just Listed near 1295 S Banana River Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4895 Bentley Ct, Rockledge, FL 32955 - Photo 1 Just Listed
$435,000

4895 Bentley Ct  Rockledge, FL 32955

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,631
    Sq. Ft.
894 Jamestown Dr, Rockledge, FL 32955 - Photo 1 Just Listed
$390,000

894 Jamestown Dr  Rockledge, FL 32955

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,700
    Sq. Ft.
889 Levitt Pkwy, Rockledge, FL 32955 - Photo 1 Just Listed
$325,000

889 Levitt Pkwy  Rockledge, FL 32955

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,386
    Sq. Ft.
36 Patrick Ln, Rockledge, FL 32955 - Photo 1 Just Listed
$359,990

36 Patrick Ln  Rockledge, FL 32955

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,084
    Sq. Ft.
Listed by Evron & McCarthy Realty Llc

Price Reduced near 1295 S Banana River Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

916 Ocaso Ln, Rockledge, FL 32955 - Photo 1 Price Reduced
-$15,000 (-5.09%)
$279,900

916 Ocaso Ln  #206  Rockledge, FL 32955

  • Townhouse
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,855
    Sq. Ft.
Listed by Nick Farinella (321) 543-1685
1371 Gleneagles Way, Rockledge, FL 32955 - Photo 1 Price Reduced
-$20,100 (-4.79%)
$399,900

1371 Gleneagles Way  Rockledge, FL 32955

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,182
    Sq. Ft.
1156 Valley View Ave, Rockledge, FL 32955 - Photo 1 Price Reduced
-$15,100 (-3.64%)
$399,900

1156 Valley View Ave  Rockledge, FL 32955

  • Single Family
  • Active
  • Updated 6 days ago
  • 5
    Beds
  • 3
    Total Baths
  • 2,466
    Sq. Ft.
1515 Huntington Ln, Rockledge, FL 32955 - Photo 1 Price Reduced
-$200 (-0.09%)
$222,300

1515 Huntington Ln  #128  Rockledge, FL 32955

  • Condo
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,000
    Sq. Ft.

Recent Sales near 1295 S Banana River Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4297 Crooked Mile Rd, Merritt Island, FL 32952 - Photo 1 Sold
$2,650,000

4297 Crooked Mile Rd  Merritt Island, FL 32952

  • Single Family
  • Closed
  • 5
    Beds
  • 5
    Total Baths
  • 5,535
    Sq. Ft.
449 S Atlantic Ave, Cocoa Beach, FL 32931 - Photo 1 Sold
$2,400,000

449 S Atlantic Ave  Cocoa Beach, FL 32931

  • Single Family
  • Closed
  • 5
    Beds
  • 5
    Total Baths
  • 3,583
    Sq. Ft.
401 Holman Rd, Cape Canaveral, FL 32920 - Photo 1 Sold
$2,700,000

401 Holman Rd  Cape Canaveral, FL 32920

  • Single Family
  • Closed
  • 5
    Beds
  • 5
    Total Baths
  • 5,352
    Sq. Ft.
2050 S Atlantic Ave, Cocoa Beach, FL 32931 - Photo 1 Sold
$3,000,000

2050 S Atlantic Ave  Cocoa Beach, FL 32931

  • Single Family
  • Closed
  • 5
    Beds
  • 4
    Total Baths
  • 3,526
    Sq. Ft.

1295 S Banana River Drive, Merritt Island, FL 32952 (MLS# 1079164) is a Single Family property with 5 bedrooms and 5 full bathrooms. 1295 S Banana River Drive is currently listed for $2,700,000 and was received on May 18, 2026. Want to learn more about 1295 S Banana River Drive? Do you have questions about finding other Single Family 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.

Tour this property