$595,000

550 S Banana River Dr Unit 101 Merritt Island, FL 32952

Estimated payment $4,439/month

Total Views 3,257
3 Beds
3 Baths
2,238 Sq Ft
$266 Price per Sq Ft

Highlights

  • Marina
  • Marina View
  • River Front
  • Boat Dock
  • Fitness Center
  • Gated Parking

About This Home

WATERFRONT,BEAUTIFULLY UPDATED UNIT, OFFERS 3 BED ROOMS 3 BATHS, THE KITCHEN. HAS CUSTOM CABINETS WITH UPPER CABINETS LIGHTING TO ADD AMBIENCE' TO THE ENTIRE ROOM. 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. 8 FT IMPACT GLASS SLIDERS FLOOD THE ROOM WITH PLENTY OF NATURAL LIGHT. ALL GLASS DOORS AND WINDOW ARE TREATED WITH PROTECTIVE TINT FLIM TO INSULATE AND CREATE PRIVACY. EXPERIENCE THE CONSTANT OCEAN BREEZE FROM ACCROSS THE RIVER ON YOUR OVER SIZE WRAP AROUND BALCONY, WHILE 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.

Listing Agent

Janis Shealy

Better Homes & Gardens RE Star License #3349724 Listed on: 07/09/2025

Better Homes & Gardens RE Star

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,977

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • River Front
  • Property fronts a county road
  • West Facing Home
  • Security Fence
  • Block Wall Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Few Trees

HOA Fees

  • $934 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Secured Garage or Parking
  • Additional Parking

Property Views

  • Marina
  • River

Home Design

  • Traditional Architecture
  • Membrane Roofing
  • Concrete Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 2,238 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Washer

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Home Security

  • Security Lights
  • Security Gate
  • Closed Circuit Camera

Outdoor Features

  • Docks
  • Balcony
  • Wrap Around Porch
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-37-31-75-00000.0-0002.Xa

Community Details

Overview

  • Association fees include cable TV, insurance, internet, ground maintenance, maintenance structure, sewer, trash, water
  • Bp Davis Property Management Association, Phone Number (321) 784-2091
  • Marina Village Condo Ph Vi Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Secure Lobby
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Launch
  • Marina
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

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

Security

  • Phone Entry
  • Secure Elevator
  • Gated Community
  • Building Fire Alarm
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,977

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$934 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Few Trees, Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Reso View: Marina, River
  • Water Body Name: Banana River
  • ResoSecurityFeatures: 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
  • Reso Association Amenities: Boat Dock, Boat Launch, Cable TV, Car Wash Area, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Management - Off Site, Marina, Pool, Spa/Hot Tub, Storage, Trash, Water
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Marina Village Condo Ph VI
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Reso Property Condition: Updated/Remodeled
  • Location Tax and Legal Parcel Number2: 24-37-31-75-00000.0-0002.Xa
  • 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: 0.12
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 2238.0
  • General Property Information Lot Size Acres: 0.68
  • General Property Information Lot Size Square Feet2: 29621.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: No
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric 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
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Fencing Chain Link: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Number Limit: Yes
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 4
  • General Property Information Association Phone: 321-784-2091
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Interior Features Guest Suite: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 0.04
  • Pets Allowed Dogs OK: Yes
  • Security Features Closed Circuit Camera(s): Yes
  • View Marina2: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Security Features Fire Alarm: Yes
  • Security Features Security Fence: Yes
  • Security Features Security Lights: Yes
  • General Property Information Land Lease YN2: No
  • Security Features Firewall(s): Yes
  • Location Tax and Legal Zoning Description2: Condominium
  • General Property Information CDD Fee YN: No
  • Architectural Style Traditional: Yes
  • Association Amenities Cable TV2: Yes
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Stories2: 1
  • Road Frontage Type County Road: Yes
  • Fencing Block: Yes
  • General Property Information:Pool Private YN: No
  • Community Features Gated4: Yes
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Guest Suite, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Wood
  • Spa Features: Community
  • Appliances: Convection Oven, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 4
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: 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
  • Appliances:Electric Oven: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Spa Features:Community2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Community Features:Street Lights: Yes
  • Community Features:Sidewalks: Yes

Exterior Features

  • Exterior Features: Balcony, Dock, Impact Windows
  • Roof: Membrane
  • Fencing: Block, Chain Link, Fenced
  • Acres: 0.68
  • Pool Private: No
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Covered, Patio, Wrap Around
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Lot Features:Few Trees: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Dock: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Covered2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Assigned, Garage, Garage Door Opener, Gated, Secured, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Secured: Yes
  • Parking Features:Gated: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 934.0
  • Association Fee Frequency: Monthly
  • Association Name: BP DAVIS PROPERTY MANAGEMENT
  • Phone: 321-784-2091
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: BP DAVIS PROPERTY MANAGEMENT
  • General Property Information:Association Fee: 934.0
  • General Property Information:Association Fee Frequency: Monthly
  • 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:Fitness Center: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Storage: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Amenities:Boat Launch: Yes
  • Association Amenities:Gated2: Yes
  • Association Amenities:Marina: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Multi-Family, Residential
  • Land Lease: No
  • Lot Dimensions: 0.04
  • Lot Size Sq Ft: 29621.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2461582
  • Parcel #: 24-37-31-75-00000.0-0002.Xa
  • Zoning Description: Condominium

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 0.12

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2023 $2,977 $227,790 $0 $0
2022 $2,781 $221,160 $0 $0
2021 $2,894 $214,720 $0 $0
2020 $2,826 $211,760 $0 $0
2019 $2,789 $207,000 $0 $0
2018 $2,794 $203,150 $0 $0
2017 $4,399 $285,860 $0 $285,860
2016 $4,060 $238,220 $0 $0
2015 $4,036 $207,660 $0 $0
2014 $3,690 $188,790 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $595,000 0.0% $266 / Sq Ft
10/01/2013 10/01/13 For Rent $1,450 0.0% --
10/01/2013 10/01/13 Rented $1,450 0.0% --
06/22/2012 06/22/12 Rented $1,450 0.0% --
06/19/2012 06/19/12 Under Contract -- -- --
06/13/2012 06/13/12 For Rent $1,450 0.0% --
06/08/2012 06/08/12 Sold $165,000 -5.7% $74 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
12/28/2011 12/28/11 For Sale $175,000 -- $78 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 --
Quit Claim Deed -- Island Title & Escrow Co Inc
Warranty Deed $325,000 Island Title & Escrow Agency
Special Warranty Deed $165,000 Attorney
Special Warranty Deed $855,000 Attorney
Source: Public Records

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

MLS Number: 1051282

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-75-00000.0-0002.21

Florida Brevard County Merritt Island 32952

550 S Banana River Dr Unit 101, Merritt Island, FL

This home is located at 550 S Banana River Dr Unit 101, Merritt Island, FL 32952 and is currently priced at $595,000, approximately $265 per square foot. This property was built in 2007. 550 S Banana River Dr Unit 101 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.

Nearby Homes
Janis Shealy
Listing Agent
Janis Shealy
Section Image
Better Homes & Gardens RE Star
(321) 341-3319