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1490 S Banana River Drive, Merritt Island, FL 32952
$505,000
1490 S Banana River Drive, Merritt Island, FL 32952View this property at 1490 S Banana River Drive, Merritt Island, FL 32952
1490 S Banana River DriveMerritt IslandFL32952
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Property Description
What a wonderful opportunity to have your own investment property overlooking the Banana River! There are (3) three 1bed/1bath units you can choose from to live in or rent. Enjoy morning sunrises while having coffee in the enclosed patio on the first floor or margaritas on the 2nd floor. Each unit has its own unique layout and charm to offer future renters. 3 separate electric meters, 1 large shared water heater, lower roof 2020, upstairs roof 2016. Central air for unit #3 and wall units for the others. Property is zoned for multiple units and close to shopping, restaurants, bars and only a 5-10 minute drive to the beach. Many rocket launches to be seen as well as boaters, dolphins and manatees. Come see what this property has to offer!
Full Property Details
Full Property Details for 1490 S Banana River Dr
General
- Sold For: $505,000
- Taxes: $3,886 (2020)
- Status: Closed
- Type: Multi-Family
- MLS ID: 910813
- Added to Site: 1, 037 day(s) ago
Rental Information
- Rent Includes: Garbage, Lawn/Land Mntnce, Water
Interior
- Appliances: Electric Range, Laundry-Hookup, Refrigerator
- Flooring: Carpet, Tile
Parking
- Parking Features: 2+ Spaces, Open Parking
Location
- Area: 254 - Newfound Harbor
- County: Brevard
- Subdivision: Banana River Drive Subd
- Driving Directions: Travel west on 520 across the causeway then turn left onto S Banana River Drive. 1490 S Banana River Dr. is on the left.
Heating & Cooling
- Cooling Type: Central Air, Electric, Wall - Window
Utilities
- Utility Description: Cable Available, Common Hot Water, Sep Elect Meter(s), Septic
Structural Information
- # Buildings: 1 Building
- Architectural Style: Two-Story, Triplex
- Construction: Concrete Block
- Exterior Const.: Painted
- Roof: Rolled Composition
- Square Feet: 1,273
- Living Area: 1,381 Sq. Ft.
- Year Built: 1957
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Street/Road Desc.: Paved Street
- Lot Description: East of US1, Paved Street
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access Desc: Dock Private, Riparian Rights
- Water Front Type: Banana River
- Boat Dock Slip: Yes
Financial Considerations
- Price Per Sq. Ft.: $432.05
- Expenses: Insurance, Lawn-Landscape Mnt, Repair/Maintenance, Water-Sewer
- Tax Amount: $3,886.76
- Tax Year: 2020
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: BANANA RIVER DRIVE SUBD N 50 FT OF LOT 21 E OF BANANA RIVER DR
- APN: 25-37-07-Cx-00000.0-0021.01
Listed by Florida Lifestyle Realty LLC
Sold by Florida Lifestyle Realty LLC
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Schools
Schools serving 1490 S Banana River Dr
School District:Brevard Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
885 S Courtenay Pkwy, Merritt Is, FL 32952 | PK-6 | 2.3 mi | |
1275 S Courtenay Pkwy, Merritt Is, FL 32952 | 7-8 | 1.7 mi | |
100 Mustang Way, Merritt Is, FL 32953 | 9-12 | 3.9 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 1490 S Banana River Dr
Date
Details
Price
Change
Source
2/18/2022
Sold
$505,000
-8.18%
MLS
7/19/2021
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1490 S Banana River Drive, Merritt Island, FL 32952 (MLS# 910813) is a Multi-Family property that was sold at $505,000 on February 18, 2022. Want to learn more about 1490 S Banana River Drive? Do you have questions about finding other Multi-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.