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$567,900
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Property Description
Seller Saids Sell: Waterfront Beauty. This Tastfully Updated Unit, Offers 3 Bedrooms 3 Baths, The Kitchen. Has Custom Cabinets With Upper Cabinets Lighting To Add Ambience' To The Entire Room. The Waterfall Soap Stone Counter Tops and Stainless Steel Appliances Show Off The Designers Touches Throughout. Custom Doors and Hardwood Floors in All Common Areas Bring Warmth and Elegance To The Space. Large 8 Ft Impact Sliders Flood The Room With Plenty Of Natural Light. All Doors and Window Are Treated With Protective Tinted Flim To Insulate and Create Privacy. Experience The Constant Ocean Breeze From Accross The River From Your Oversize Wrap Around Balcony. Enjoying Stuning Views Of The Marina and River Below. Evenings Offer An Opportunity To Watch Dolphin and Manatee Frolic in The Marina While Enjoying A Glass Of Wine At Days End. This Is A Must See, So Indulge in A Little Piece Of Paradise in This Tranquil Quiet Community.
Full Property Details
Full Property Details for 550 S Banana River Dr #101
General
- Sold For: $567,900
- HOA FEE: $934/month
- Taxes: $0 (2023)
- Status: Closed
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1051282
- Added to Site: 215 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Entrance Foyer, Guest Suite, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Additional Information
- Shared Amenities: Boat Dock, Boat Launch, Cable TV, Car Wash Area, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Maintenance Structure, Management - Off Site, Marina, Pool, Security, Spa/Hot Tub, Storage, 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, Impact Windows
- Porch/Patio/Deck: Covered, Patio, Side Porch, Wrap Around
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Additional Parking, Assigned, Garage, Garage Door Opener, Gated, Secured, Underground
Location
- Area: 253 - S Merritt Island
- County: Brevard
- Subdivision: Marina Village Condo Ph VI
- Driving Directions: FROM US 1 TO 520 GO EAST TURN RIGHT ON SOUTH BANANA RIVER DR CONDO WILL BE ON THE LEFT USE THE NORTH GATE
- Direction Faces: West
School Information
- Elementary School: Tropical
- Middle School: Jefferson
- High School: Merritt Island
Community
- Community Features: Boat Dock, Boat Launch, Cable TV, Car Wash Area, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Maintenance Structure, Management - Off Site, Marina, Pool, Security, Spa/Hot Tub, Storage, Trash, Water
- Association: Yes
- Assoc. Name: BP DAVIS PROPERTY MANAGEMENT
- Assoc. Fees Include: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash, Water
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric, Hot Water
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Concrete, Stucco
- Roof: Concrete, Membrane
- Stories/Levels: 1
- Square Feet: 2,238
- Living Area: 2,238 Sq. Ft.
- Current Bldg. Use: Multi-Family, Residential
- Year Built: 2007
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Marina, River
- Lot Size (Acres): 0.68
- Lot Size (Sq. Ft.): 29,621
- Lot Dimensions: .04
- Frontage: County Road
- Street/Road Desc.: Asphalt
- Lot Features: Few Trees, Sprinklers In Front, Sprinklers In Rear
- Fencing (Description): Block, Chain Link, Fenced
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Banana River
Financial Considerations
- Price Per Sq. Ft.: $254.65
- Association Fee: Yes
- Association Fee: $934
- Assoc Fee Freq.: Monthly
- Tax Amount: $.12
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 24-37-31-75-00000.0-0002.Xa
Listed by Better Homes & Gardens RE Star
Sold by One Sotheby's International
Get Pre-Approved Today
Schools
Schools serving 550 S Banana River Dr #101
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 S Banana River Dr #101
Date
Details
Price
Change
Source
11/24/2025
Sold
$567,900
-0.35%
MLS
10/21/2025
Price Reduced
$569,900
-2.41%
MLS
10/01/2025
Price Reduced
$584,000
-0.93%
MLS
8/15/2025
Price Reduced
$589,500
-0.92%
MLS
7/09/2025
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
550 S Banana River Drive #101, Merritt Island, FL 32952 (MLS# 1051282) is a Condo property that was sold at $567,900 on November 24, 2025. Want to learn more about 550 S Banana River Drive #101? 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.

