1295 S Banana River Dr Merritt Island, FL 32952
Estimated payment $15,061/month
Highlights
- Very Popular Property
- Wine Cellar
- RV Access or Parking
- Intracoastal View
- Heated In Ground Pool
- Open Floorplan
About 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,621
Year Built
- Built in 2026
Lot Details
- 15,246 Sq Ft Lot
- East Facing Home
HOA Fees
- $300 Monthly HOA Fees
Parking
- 3 Car Garage
- Garage Door Opener
- RV Access or Parking
Property Views
- Intracoastal
- River
- Pool
Home Design
- Metal Roof
- Concrete Siding
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 4,860 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Entrance Foyer
- Wine Cellar
- Tile Flooring
Kitchen
- Double Convection Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Dual Closets
- Walk-In Closet
- In-Law or Guest Suite
- 5 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Laundry on lower level
- Electric Dryer Hookup
Home Security
- High Impact Windows
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- Saltwater Pool
- Outdoor Shower
Outdoor Features
- Balcony
- Covered Patio or Porch
- Outdoor Kitchen
Schools
- Tropical Elementary School
- Jefferson Middle School
- Merritt Island High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Aerobic Septic System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 25-37-06-Cx-00000.0-0015.09
Community Details
Overview
- Banana River Drive Subd Subdivision
Recreation
- Community Pool
3D Interior and Exterior Tours
Floorplans
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $764 | $135,000 | -- | -- |
| 2024 | $787 | $63,970 | -- | -- |
| 2023 | $787 | $63,970 | $63,970 | $0 |
| 2022 | $1,487 | $125,340 | $0 | $0 |
| 2021 | $2,470 | $188,830 | $188,830 | $0 |
| 2020 | $2,537 | $188,830 | $188,830 | $0 |
| 2019 | $2,620 | $188,830 | $188,830 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2026 06/05/26 | For Sale | $2,700,000 | -- | $556 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Dockside Title | |
| Warranty Deed | $375,000 | Peninsula Title | |
| Warranty Deed | $500,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | New Conventional | |
| Previous Owner | $1,050,000 | Construction |
About the Listing Agent
My goal as a Realtor is to reduce the stress and fears associated with making such a large investment or sale. It’s absolutely crucial to have the right agent on your side during a decision like this and it is my pleasure to provide clients with the reassurance they need when searching for a Realtor. I make it one of my highest priorities to communicate with my clients so they fully understand each step of the process.
As my client, you will know what’s happening at each turn so you’re able
Jodie's Other Listings
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1079164
APN: 25-37-06-CX-00000.0-0015.09
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Ask me questions while you tour the home.