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$450,000
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Property Description
Just listed a direct Banana River front condo. Bring your boat, boat lift included in this sale. This luxury condo is in a gated community with 3 bedrooms, 3 baths. Features 2 car parking places under the building including a private storage closet. Large marina dock along side the community pool. This unit has crown molding, maple kitchen cabinets tile floors and large covered balcony along with Corian tops in great shape, washer and dryer utility closet, 2 master suites, with walk-in closets and so much more. A must see.
Full Property Details
Full Property Details for 540 S Banana River Dr #103
General
- Sold For: $450,000
- HOA FEE: $934/month
- Taxes: $1,899 (2025)
- Status: Closed
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1074404
- Added to Site: 189 day(s) ago
Interior
- Interior Features: Breakfast Bar, 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)
- Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Additional Information
- Shared Amenities: Boat Dock, Cable TV, Car Wash Area, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Maintenance Structure, Management - Off Site, Marina, Pool, Spa/Hot Tub, Trash, Water
- Spa: Yes
- Spa Description: Community, Heated, In Ground
- Security/Safety: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Firewall(s), Security Fence, Security Gate, Security Lights, Smoke Detector(s), Entry Phone/Intercom, Secured Elevator, Secured Lobby
Exterior
- Exterior Features: Balcony, Dock
- Porch/Patio/Deck: Covered, Rear Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Additional Parking, Assigned, Garage, Garage Door Opener, Gated, Guest, Secured, Underground
Location
- Area: 254 - Newfound Harbor
- County: Brevard
- Subdivision: Marina Village Condo Ph I
- Driving Directions: From 520 turn Right onto S. Banana River Dr. to Marina Village Condo.
- Direction Faces: North
School Information
- Elementary School: Tropical
- Middle School: Jefferson
- High School: Merritt Island
Community
- Community Features: Boat Dock, Cable TV, Car Wash Area, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Maintenance Structure, Management - Off Site, Marina, Pool, Spa/Hot Tub, Trash, Water
- Association: Yes
- Assoc. Name: Marina Village Condominium
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Water Available
Structural Information
- Exterior Const.: Concrete, Stucco
- Roof: Concrete, 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
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 871
- Frontage: County Road
- Street/Road Desc.: Asphalt
- Lot Features: Few Trees, Sprinklers In Front
- Fencing (Description): Block, Chain Link, Full, Wrought Iron
Water Features
- Water Front: Yes
- Water Front Name: Banana River
Financial Considerations
- Price Per Sq. Ft.: $263.86
- Association Fee: Yes
- Association Fee: $934
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,899.44
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 24-37-31-75-00000.0-0003.04
Listed and Sold by All Real Estate, Inc.
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Schools
Schools serving 540 S Banana River Dr #103
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Tropical Elementary School, Merritt Island, FL 885 South Courtenay Parkway, Merritt Island, FL 32952 | K-6 | 2.1 mi |
Merritt Island High School 100 Mustang Way, Merritt Island, FL 32953 | 9-12 | 3.2 mi |
Thomas Jefferson Middle School, Merritt Island, FL 1275 South Courtenay Parkway, Merritt Island, FL 32952 | 7-8 | 1.7 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 540 S Banana River Dr #103
Date
Details
Price
Change
Source
8/14/2026
Sold
$450,000
-2.15%
MLS
5/22/2026
Price Reduced
$459,900
-1.08%
MLS
4/11/2026
Listed
$464,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
540 S Banana River Drive #103, Merritt Island, FL 32952 (MLS# 1074404) is a Condo property that was sold at $450,000 on August 14, 2026. Want to learn more about 540 S Banana River Drive #103? 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.

