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$435,000

  • Sold
  • Closed
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,743 Sq. Ft.
See This Home
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Kick Out Clause- Top-floor riverfront retreat-where luxury and lifestyle come together! Enjoy breathtaking Banana River views from your private balcony as you watch rocket launches, dolphins, and manatees. This freshly painted, open-concept condo features soaring 10 ft ceilings, impact windows, interior sprinklers, and all-new quartz countertops in the kitchen and vanities. The custom kitchen includes a pantry and brand new dishwasher, range, and microwave, opening seamlessly to the living area-perfect for entertaining. All 3 bedrooms offer en-suite baths for ultimate comfort and privacy. The primary suite is a true sanctuary with an oversized tub, walk-in shower, and spacious closet. Enjoy resort-style amenities: pool, hot tub, sauna, fitness center, and clubhouse. With garage parking for 2 cars, 2 storage units, a NEW ROOF, NO ASSESSMENTS, and available boat slips-this is riverfront living at its best. Just minutes to the beach, shopping, dining, & entertainment! Make it yours today

Full Property Details for 540 S Banana River Dr #305

General

  • Sold For: $435,000
  • HOA FEE: $934/month
  • Taxes: $5,025 (2023)
  • Status: Closed
  • Type: Condo
  • Source: BrevardCounty
  • MLS ID: 1049024
  • Added to Site: 218 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Furnishings: Negotiable
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Unit

Additional Information

  • Shared Amenities: Clubhouse, Fitness Center, Pool, Sauna
  • Spa: Yes
  • Spa Description: Community, In Ground
  • Security/Safety: Security Gate, Smoke Detector(s)

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Additional Parking, Gated

Location

  • Area: 253 - S Merritt Island
  • County: Brevard
  • Subdivision: Marina Village Condo Ph I
  • Driving Directions: 520to S. Banana River Dr. and head south, complex is on the left.
  • Direction Faces: North

School Information

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

Community

  • Community Features: Clubhouse, Fitness Center, Pool, Sauna
  • Association: Yes
  • Assoc. Name: BP Davis Property Management
  • Assoc. Fees Include: Cable TV, Maintenance Grounds, Sewer, Trash, Water
  • Pets Allowed: Yes
  • Pet Restrictions: Size Limit, Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

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

Structural Information

  • Exterior Const.: Block, Concrete, Stucco
  • Roof: Other
  • 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, River
  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 871
  • Lot Features: Other

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Name: Banana River

Financial Considerations

  • Price Per Sq. Ft.: $249.57
  • Association Fee: Yes
  • Association Fee: $934
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,025.56
  • Tax Year: 2023
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 24-37-31-75-00000.0-0003.18

Listed by Florida Homes Rlty & Mtg. LLC
Sold by Non-MLS or Out of Area

Listing agent

— 540 S Banana River Dr #305 —

  • Florida Homes Rlty & Mtg. LLC

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 540 S Banana River Dr #305

School District:Brevard County School District
NameGradesDistance
Tropical Elementary School, Merritt Island, FL
885 South Courtenay Parkway, Merritt Island, FL 32952
K-62.1 mi
Merritt Island High School
100 Mustang Way, Merritt Island, FL 32953
9-123.2 mi
Thomas Jefferson Middle School, Merritt Island, FL
1275 South Courtenay Parkway, Merritt Island, FL 32952
7-81.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 540 S Banana River Dr #305

Date
Details
Price
Change
Source
9/10/2025
Sold
$435,000
—
MLS
6/14/2025
Listed
$435,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Florida Homes Rlty & Mtg. LLC
Sold by Non-MLS or Out of Area

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540 S Banana River Drive #305, Merritt Island, FL 32952 (MLS# 1049024) is a Condo property that was sold at $435,000 on September 10, 2025. Want to learn more about 540 S Banana River Drive #305? 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.