NOT LISTED FOR SALE

580 S Banana River Dr Unit 202 Merritt Island, FL 32952

Estimated Value: $510,000 - $618,000

3 Beds
3 Baths
2,310 Sq Ft
$780/mo HOA Fee

Last Sold December 01, 2023

Last sale price $575,000 $249 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,071/month

3 Days on Market

Highlights

  • Marina View
  • In Ground Pool
  • Open Floorplan
  • Fitness Center
  • River Front
  • Clubhouse

About This Home

As of December 2023

Immerse yourself in luxury w/ this stunning, fully renovated condo boasting over $100K in upgrades! Every inch of this home has been improved floor-to-ceiling, ensuring a modern living experience. Wake up to breathtaking views of the Banana River, best enjoyed from your expansive outdoor porch. Cook in style the kitchen, featuring new granite counters & quality cabinets. The new laminate flooring throughout enhances the elegance of the space. Indulge in the lavish master bath, complete w/ dual sinks, an enlarged shower, & two walk in closets. Even the smallest details have been attended to, with new interior paint, hinges, & door handles. Two convenient under-building parking spaces, added protection w/ hurricane shutters, & additional storage in the garage. Your riverfront oasis awaits!

Last Agent to Sell the Property

Andrew Barclay

EXP Realty, LLC Listed on: 11/04/2023

Last Buyer's Agent

Jason Bistarkey

Blue Marlin Real Estate License #3427199

Blue Marlin Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,098

Year Built

  • Built in 2006

Lot Details

  • River Front
  • West Facing Home

HOA Fees

  • $780 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Marina
  • River

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,310 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Laminate Flooring
  • Security Gate

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-37-31-75-00000.0-0001.71

Community Details

Overview

  • Association fees include cable TV, insurance, internet, sewer, trash, water
  • Marina Village Condo Ph III Association
  • Marina Village Condo Ph III Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,098

Year Built

Built in 2006

Lot Details

0

HOA Fees

$780 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • Reso View: Marina, River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Security Gate, Secured Lobby
  • Reso Association Amenities: Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Sauna, Spa/Hot Tub
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Marina Village Condo Ph III
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-31-75-00000.0-0001.71
  • 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 Year2: 2023
  • General Property Information Living Area2: 2310.0
  • General Property Information Building Area Total3: 2310.0
  • General Property Information Lot Size Acres: 0.01
  • General Property Information Lot Size Square Feet2: 436.0
  • 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
  • Flooring Laminate: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • General Property Information Stories Total: 4
  • Security Features Secured Lobby: Yes
  • View Marina2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Elevator, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s), Wet Bar
  • Flooring: Laminate
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, In Ground
  • Roof: Membrane
  • Acres: 0.01
  • Waterfront Features: River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Central Air, Electric
  • 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: 780.0
  • Association Fee Frequency: Monthly
  • Association Name: MARINA VILLAGE CONDO PH III
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: MARINA VILLAGE CONDO PH III
  • General Property Information:Association Fee: 780.0
  • 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:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 436.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-37-31-75-00000.0-0001.71
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Dec 1, 2023
Sold by
Roberts Gregory I and Roberts Linda P
Bought by
Forte Michael and Forte Shelley
Seller's Agent
Andrew Barclay
EXP Realty, LLC
Buyer's Agent
Jason Bistarkey
Blue Marlin Real Estate
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Views
43
Current Estimated Value
$544,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,157
Avg. Annual Appreciation
-2.72%

Purchase Details

Listed on
May 11, 2015
Closed on
Jun 23, 2015
Sold by
Evans Catherine M
Bought by
Helm John L and Helm Mary Jo
Seller's Agent
Don MacDonald
Ocean Realty Partners LLC
Buyer's Agent
Jennifer Kalra
Hart To Hart Real Estate, Inc.
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%

Purchase Details

Listed on
Dec 26, 2013
Closed on
Feb 27, 2014
Sold by
Seibert Gerhard E and Seibert Kathryn A
Bought by
Evans Catherine M
Seller's Agent
Lisa Moore
Better Homes & Gardens RE Star
Buyer's Agent
Mary Gal
Seaside Realty of Brevard
List Price
$339,900
Sold Price
$325,000
Premium/Discount to List
-$14,900
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$225,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2012
Sold by
Seibert Gerhard E and Seibert Kathryn A
Bought by
Seibert Gerhard E and Seibert Kathryn A

Purchase Details

Closed on
Aug 31, 2006
Sold by
Harbor Homes Llc
Bought by
Kasper Peter and Kasper Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,920
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Forte Michael $575,000 Prestige Title
Forte Michael $575,000 Prestige Title
Helm John L $335,000 International Title & Escrow
Evans Catherine M $325,000 Island Title & Escrow Agency
Seibert Gerhard E -- Attorney
Seibert Gerhard E -- Attorney
Seibert Gerhard E -- Attorney
Kasper Peter $389,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Catherine M $225,000
Previous Owner Kasper Peter $311,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Sold $575,000 -4.2% $249 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
11/04/2023 11/04/23 For Sale $599,900 +60.0% $260 / Sq Ft
05/02/2018 05/02/18 Sold $375,000 -3.1% $168 / Sq Ft View Prior Sale
03/09/2018 03/09/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $387,000 +15.5% $173 / Sq Ft
06/23/2015 06/23/15 Sold $335,000 -4.3% $145 / Sq Ft View Prior Sale
05/26/2015 05/26/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $349,900 +7.7% $151 / Sq Ft
02/28/2014 02/28/14 Sold $325,000 -4.4% $141 / Sq Ft View Prior Sale
01/29/2014 01/29/14 Pending -- -- --
12/26/2013 12/26/13 For Sale $339,900 -- $147 / 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
2025 $5,098 $392,050 -- --
2024 $3,661 $410,370 -- --
2023 $3,661 $283,710 $0 $0
2022 $3,421 $275,450 $0 $0
2021 $3,580 $267,430 $0 $0
2020 $3,521 $263,740 $0 $0
2019 $3,490 $257,820 $0 $0
2018 $3,088 $223,810 $0 $0
2017 $3,118 $219,210 $0 $0
2016 $3,174 $214,710 $0 $0
2015 $3,490 $226,600 $0 $0
2014 -- $165,700 $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: 979583

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-75-00000.0-0001.71