NOT LISTED FOR SALE

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

Estimated Value: $395,813 - $571,000

3 Beds
3 Baths
1,754 Sq Ft
1,742 Sq Ft Lot

Highlights

  • In Ground Pool
  • Open Floorplan
  • Separate Shower in Primary Bathroom
  • River Front
  • Balcony
  • Walk-In Closet

About This Home

As of February 2023

Come see this spacious 3 bedroom 3 bath river front condo, with granite counter tops and stainless steel appliances. This condo is on the top floor in Marina Village a secure gated community directly on the Banana River. This community offers a community pool, sauna, steam room, exercise room. This community is close to the Beaches, Port Canaveral and The Kennedy Space Center. There is a private storage room and enclosed parking in the ground floor garage. This condo will be available on December 1, 2022.

Last Agent to Rent the Property

John Cummings

EXP Realty, LLC License #3073137 Listed on: 01/31/2023

EXP Realty, LLC

Last Renter's Agent

Patricia Weeks

Happy House Real Estate License #3081950

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,905

Year Built

  • Built in 2007

Lot Details

  • River Front
  • West Facing Home

Parking

  • 1 Car Garage

Interior Spaces

  • 1,754 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Ceiling Fan
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony

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

  • Property Available on 12/1/22
  • Court or third-party approval is required for the sale
  • The owner pays for grounds care, pool maintenance, taxes
  • Assessor Parcel Number 24-37-31-75-00000.0-0002.28

Community Details

Overview

  • Property has a Home Owners Association
  • Marina Village Condo Ph VI Association
  • Marina Village Condo Ph VI Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Secure Elevator

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,905

Year Built

Built in 2007

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Grounds Care, Pool Maintenance, Taxes
  • Available Date: 2022-12-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2007
  • Reso Property Sub Type: Condominium
  • Reso View: Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Key Card Entry, Other, Secured Elevator
  • ResoSpecialListingConditions: Third Party Approval
  • Subdivision Name: Marina Village Condo Ph VI
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Location Tax and Legal Parcel Number2: 24-37-31-75-00000.0-0002.28
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Living Area2: 1754.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.4
  • 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
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Security Features Key Card Entry: Yes
  • Room Types Laundry: Yes
  • Security Features Secured Elevator: Yes
  • Utilities Sewer Available: Yes
  • Levels MultiSplit: Yes
  • Pets Allowed No: Yes
  • Utilities Electricity Available: Yes
  • Pool Features Fenced: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Spa Features: Bath
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Fenced, In Ground
  • Acres: 0.04
  • Waterfront: Yes
  • Direction Faces: West
  • Exterior Features:Balcony: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: MARINA VILLAGE CONDO PH VI
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2461580
  • Parcel #: 24-37-31-75-00000.0-0002.28
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2013
Sold by
Harbor Homes Llc
Bought by
One Cat Cube Llc
Current Estimated Value
$469,203
Source: Public Records

Range of Values:

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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
One Cat Cube Llc -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2023 02/01/23 Rented $2,500 -3.8% --
01/31/2023 01/31/23 For Rent $2,600 0.0% --
01/30/2023 01/30/23 Under Contract -- -- --
01/28/2023 01/28/23 Under Contract -- -- --
01/11/2023 01/11/23 Price Changed $2,600 -7.1% $1 / Sq Ft
11/29/2022 11/29/22 For Rent $2,800 +24.4% --
11/16/2020 11/16/20 Rented $2,250 0.0% --
11/07/2020 11/07/20 Under Contract -- -- --
09/23/2020 09/23/20 For Rent $2,250 +21.6% --
05/01/2018 05/01/18 Rented $1,850 -15.9% --
01/26/2018 01/26/18 For Rent $2,200 +15.8% --
02/13/2017 02/13/17 Rented $1,900 +11.8% --
11/23/2016 11/23/16 For Rent $1,700 0.0% --
12/23/2015 12/23/15 Rented $1,700 0.0% --
09/12/2015 09/12/15 Price Changed $1,700 -14.8% $1 / Sq Ft
08/27/2015 08/27/15 Price Changed $1,995 0.0% $1 / Sq Ft
08/27/2015 08/27/15 For Rent $1,995 -0.3% --
08/19/2015 08/19/15 Off Market $2,000 -- --
08/01/2015 08/01/15 For Rent $2,000 +17.6% --
07/29/2014 07/29/14 Rented $1,700 -5.6% --
06/29/2014 06/29/14 Under Contract -- -- --
06/24/2014 06/24/14 For Rent $1,800 -- --
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
2025 $4,905 $344,820 -- --
2024 $5,051 $390,880 -- --
2023 $5,051 $425,030 $0 $0
2022 $4,263 $359,570 $0 $0
2021 $3,852 $259,980 $0 $259,980
2020 $3,561 $235,210 $0 $235,210
2019 $3,540 $229,480 $0 $229,480
2018 $3,478 $219,000 $0 $219,000
2017 $3,807 $244,030 $0 $244,030
2016 $3,513 $203,360 $0 $0
2015 $3,565 $193,400 $0 $0
2014 $3,260 $175,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 951470

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-75-00000.0-0002.28