NOT LISTED FOR SALE

580 S Banana River Dr Unit 203 Merritt Island, FL 32952

Estimated Value: $468,297 - $571,000

3 Beds
3 Baths
2,310 Sq Ft
$575/mo HOA Fee

Last Sold July 01, 2019

Last sale price $385,000 $167 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,641/month

105 Days on Market

Highlights

  • Boat Dock
  • Marina View
  • Gated with Attendant
  • Home fronts a seawall
  • Fitness Center
  • In Ground Pool

About This Home

As of July 2019

JUST REDUCED NEARLY $30,000! Owner Financing Available! Got a big boat? Extra-wide 36 ft. deeded wet slip included (#19) with this, 2300 sq. ft. like new riverfront jewel. Fabulous direct Banana River views from this hard to find, spacious 2nd floor, 3 bed, 3 bath unit. Preferred location underground parking with spaces for 2 cars, plus its own lockable storage area. Washer, drier included. Amenities include a heated pool, dry sauna, spa & fitness center. High speed internet & cable included in HOA. Close to everything- 10 minutes to Cocoa Beach, Cape Canaveral Hospital, Merritt Square Mall, Wal Mart, airport, shopping, restaurants, etc. Live the boaters life here with access to the ocean through the locks at Port Canaveral.

Last Agent to Sell the Property

Neil Pogeler

Cape Canaveral Real Estate Listed on: 02/27/2019

Last Buyer's Agent

Vickie Walters

Brevard Premier Prop.& Inv.Inc License #3014301

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,242

Year Built

  • Built in 2006

Lot Details

  • Home fronts a seawall
  • River Front
  • West Facing Home

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener

Property Views

  • Marina
  • River

Home Design

  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,310 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Great Room
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 24-37-31-75-00000.0-0001.72

Community Details

Overview

  • Association fees include cable TV, insurance, internet, pest control, security, sewer, trash, water
  • $40 Other Monthly Fees
  • B.P. Davis Management Co. Association
  • Marina Village Condo Ph III Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Sauna
  • Secure Lobby
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Gated with Attendant
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,242

Year Built

Built in 2006

Lot Details

0

HOA Fees

$575 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • Reso View: Marina, River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Gated with Guard, Security Gate, Secured Elevator, Secured Lobby
  • Reso Association Amenities: Boat Dock, Boat Slip, Car Wash Area, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Sauna, Storage
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Marina Village Condo Ph III
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-31-75-00000.0-0001.72
  • 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: 4241.74
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 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 Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • General Property Information Other Fee(s) Amount: 40.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • 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
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Waterfront Features Waterfront Community: Yes
  • General Property Information Stories Total: 4
  • Levels Three Or More: Yes
  • Roof Concrete2: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Pets Allowed Dogs OK: Yes
  • Security Features Gated with Guard: Yes
  • View Marina2: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, In Ground
  • Roof: Concrete, Other
  • Acres: 0.01
  • Waterfront Features: River Front, Seawall, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Underground, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Other26: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 575.0
  • Association Fee Frequency: Monthly
  • Association Name: B.P. Davis Management Co.
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: B.P. Davis Management Co.
  • General Property Information:Association Fee: 575.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Security: 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 Fee Includes:Pest Control: Yes
  • Association Amenities:Boat Slip: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 436.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-37-31-75-00000.0-0001.72
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4241.74

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Jul 1, 2019
Sold by
Kramer Donald D and Kramer Cynthia L
Bought by
Duncan Jeffrey Alan and Duncan Toni J
Seller's Agent
Neil Pogeler
Cape Canaveral Real Estate
Buyer's Agent
Vickie Walters
Brevard Premier Prop.& Inv.Inc
List Price
$424,900
Sold Price
$385,000
Premium/Discount to List
-$39,900
-9.39%
Current Estimated Value
$518,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,824
Avg. Annual Appreciation
4.83%
Original Mortgage
$135,000
Outstanding Balance
$88,816
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$430,008

Purchase Details

Closed on
Sep 11, 2006
Sold by
Harbor Homes Llc
Bought by
Kramer Donald D and Kramer Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,400
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
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
Duncan Jeffrey Alan -- Fidelity Natl Ttl Of Fl Inc
Duncan Jeffrey Alan $385,000 Fidelity Natl Ttl Of Fl Inc
Kramer Donald D $389,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Jeffrey Alan $135,000
Previous Owner Kramer Donald D $292,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $385,000 -2.5% $167 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
04/12/2019 04/12/19 Price Changed $395,000 -7.0% $171 / Sq Ft
02/27/2019 02/27/19 For Sale $424,900 -- $184 / 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 $4,044 $330,860 -- --
2024 $4,009 $321,540 -- --
2023 $4,009 $312,180 $0 $0
2022 $3,747 $303,090 $0 $0
2021 $3,929 $294,270 $0 $0
2020 $3,874 $290,210 $0 $290,210
2019 $4,378 $283,140 $0 $283,140
2018 $4,242 $270,200 $0 $270,200
2017 $4,206 $271,920 $0 $271,920
2016 $3,883 $226,600 $0 $0
2015 $3,860 $197,530 $0 $0
2014 $3,531 $179,580 $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: 838001

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-75-00000.0-0001.72