NOT LISTED FOR SALE

540 S Banana River Dr Unit 302 Merritt Island, FL 32952

Estimated Value: $393,000 - $533,000

3 Beds
3 Baths
1,743 Sq Ft
$600/mo HOA Fee

Last Sold September 29, 2020

Last sale price $355,000 $204 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,234/month

11 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • Fitness Center
  • Tropical Elementary School Rated 9+
  • Marina View
  • In Ground Spa

About This Home

As of September 2020

Immaculate, Top Floor Riverfront, Luxury Condo with Direct Banana River Frontage Located Off Busy Streets in Merritt Island! Watch Launches from the Front Door & Overlook the Private Marina from the Multiple Impact Sliders Throughout the Living/Dining Area & Master Suite. This Upgraded Home Provides Wood Flooring, Granite Counter Tops, a Breakfast Bar, Ample Cabinetry, Stainless Appliances, Plantation Shutters, Impact Windows, Crown Molding & Plenty of Natural Light Throughout. Watch Dolphins Play or Boaters Prepare for a Day on the Water From Your Large Master Suite! Marina Village is a Gated Community & Includes a Heated Pool, Sauna, Gym, Kayak Launch Area & More. Two Deeded Garage Parking Spaces are Included. A 32' Boat Slip with a 10K lb Lift is For Sale for an Additional $30K!

Last Agent to Sell the Property

Waylon Duff

Keller Williams Space Coast License #3332230 Listed on: 08/04/2020

Keller Williams Space Coast

Last Buyer's Agent

Cindy Manzo

RE/MAX Aerospace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,584

Year Built

  • Built in 2005

Lot Details

  • North Facing Home

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Marina
  • River

Home Design

  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,743 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Security Gate

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • In Ground Spa
  • Balcony
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-37-31-75-00000.0-0003.15

Community Details

Overview

  • Association fees include cable TV, insurance, internet, pest control, sewer, trash, water
  • Marina Village Condo Ph I Association
  • Marina Village Condo Ph I Subdivision
  • Maintained Community

Amenities

  • Sauna
  • Clubhouse
  • Elevator
  • Secure Lobby

Recreation

  • Boat Dock
  • Waterfront Community
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,584

Year Built

Built in 2005

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • Reso View: Marina, River, Water
  • ResoSecurityFeatures: Fire Sprinkler System, Security Gate, Smoke Detector(s), Secured Lobby
  • Reso Association Amenities: Boat Dock, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Sauna, Spa/Hot Tub
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Pest Control, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Marina Village Condo Ph I
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 24-37-31-75-00000.0-0003.15
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 2583.94
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 1743.0
  • General Property Information Lot Size Acres: 0.02
  • General Property Information Lot Size Square Feet2: 871.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Pets Allowed Size Limit: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Pets Allowed Cats OK: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 3
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Lobby: Yes
  • Pets Allowed Dogs OK: Yes
  • View Marina2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Spa Features: In Ground
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 3
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community
  • Roof: Other
  • Acres: 0.02
  • Waterfront Features: Waterfront Community
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • View:River: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 600.0
  • Association Fee Frequency: Monthly
  • Association Name: MARINA VILLAGE CONDO PH I
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: MARINA VILLAGE CONDO PH I
  • General Property Information:Association Fee: 600.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 871.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2458497
  • Parcel #: 24-37-31-75-00000.0-0003.15
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2583.94

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2024
Sold by
Marquart Les
Bought by
Marquart Michael and Marquart Jennifer Davis
Current Estimated Value
$446,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2022
Sold by
Sander Sharon E
Bought by
Leslie G Marquart Revocable Trust

Purchase Details

Closed on
Jan 5, 2022
Sold by
Marquart Les G
Bought by
Marquart Les G

Purchase Details

Listed on
Aug 4, 2020
Closed on
Sep 29, 2020
Sold by
Bryant Timothy and Bryant Marcela
Bought by
Marquart Les G
Seller's Agent
Waylon Duff
Keller Williams Space Coast
Buyer's Agent
Cindy Manzo
RE/MAX Aerospace Realty
List Price
$360,000
Sold Price
$355,000
Premium/Discount to List
-$5,000
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$155,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jun 20, 2014
Sold by
Tardif Ronnie S
Bought by
Bryant Timothy and Bryant Marcela
Seller's Agent
Ellen Rubino
RE/MAX Aerospace Realty
Buyer's Agent
Thomas Donohoe
RE/MAX Alternative Realty
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$210,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jun 2, 2014
Sold by
Tardif Ronnie S
Bought by
Bryant Timothy and Bryant Marcela
Seller's Agent
Ellen Rubino
RE/MAX Aerospace Realty
Buyer's Agent
Thomas Donohoe
RE/MAX Alternative Realty
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2011
Sold by
Davis Robert J and Davis Margaret C
Bought by
Tardif Ronnie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,425
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2005
Sold by
Harbor Homes Llc
Bought by
Pontigo Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marquart Michael $376,000 Tempest Title Agency
Marquart Michael $376,000 Tempest Title Agency
Leslie G Marquart Revocable Trust $165,000 None Listed On Document
Leslie G Marquart Revocable Trust $165,000 None Listed On Document
Marquart Les G -- Cantwell & Goldman Pa
Marquart Les G $355,000 Star Ttl Partners Of Cocoa B
Bryant Timothy -- Landmark Title Agency Inc
Bryant Timothy -- Landmark Title Agency Inc
Bryant Timothy $280,000 Landmark Title Agency Inc
Tardif Ronnie S $157,900 Attorney
Pontigo Luis A $469,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marquart Michael $135,000
Previous Owner Marquart Les G $155,000
Previous Owner Bryant Timothy $210,000
Previous Owner Tardif Ronnie S $118,425
Previous Owner Davis Robert J $250,500
Previous Owner Pontigo Luis A $359,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $355,000 -1.4% $204 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $360,000 +28.6% $207 / Sq Ft
06/20/2014 06/20/14 Sold $280,000 -3.4% $161 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $289,900 -- $166 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $3,341 $282,300 -- --
2023 $3,341 $274,080 $0 $0
2022 $3,168 $266,100 $0 $0
2021 $3,322 $258,350 $0 $258,350
2020 $2,620 $204,220 $0 $0
2019 $2,584 $199,630 $0 $0
2018 $2,590 $195,910 $0 $0
2017 $2,617 $191,890 $0 $0
2016 $2,662 $187,950 $0 $0
2015 $2,922 $197,550 $0 $0
2014 $2,088 $144,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Waylon Duff

    Seller's Agent in 2020

    Waylon Duff

    Keller Williams Space Coast

    (321) 536-5973

    16 in this area

    99 Total Sales

    Waylon Duff
    Section Image

  • C

    Buyer's Agent in 2020

    Cindy Manzo

    RE/MAX

  • Ellen Rubino

    Seller's Agent in 2014

    Ellen Rubino

    RE/MAX

    (321) 508-6077

    19 in this area

    143 Total Sales

    Ellen Rubino
    Section Image

  • T

    Buyer's Agent in 2014

    Thomas Donohoe

    RE/MAX

See All Agents

Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 882029

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-75-00000.0-0003.15

Florida Brevard County Merritt Island 32952

540 S Banana River Dr Unit 302, Merritt Island, FL

This home is located at 540 S Banana River Dr Unit 302, Merritt Island, FL 32952 since 04 August 2020 and is currently estimated at $446,107, approximately $255 per square foot. This property was built in 2005. 540 S Banana River Dr Unit 302 is a home located in Brevard County with nearby schools including Tropical Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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