580 S Banana River Dr Unit 304 Merritt Island, FL 32952
3
Beds
3
Baths
2,279
Sq Ft
$908/mo
HOA Fee
Highlights
- Gated Community
- Clubhouse
- Balcony
- 0.5 Acre Lot
- Community Pool
- 2 Car Attached Garage
About This Home
As of December 2024Fantastic condo community located on pristine waterfront offers exclusive top floor corner w/ wrap-around balcony. An exceptional view
of the Banana River and the largest floor plan that is perfect for entertaining friends or relaxing with family. The expansive living
room combines the dining and lounging areas, which opens up onto the large balcony & east views. The kitchen features granite countertops, oak cabinetry, ample counter space and open concept views to the living room and water. Additionally, the unique built-in area could function as a coffee or wet bar. Thoughtful upgrades including new HVAC system and custom valances in living/dining area. Three spacious bedrooms, each with ensuite baths. The versatile front bedroom can easily be used as an office. The unit comes w/ 2 underground parking, storage spaces and fabulous community amenities including marina/dock, pool and great neighbors. This property is a must-see gem that offers a unique blend of exclusivity, luxury, and functionality.
Last Agent to Sell the Property
SIMPLESHOWING INC Brokerage Phone: 407-719-6579 License #3254207 Listed on: 06/13/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,884
Year Built
- Built in 2006
HOA Fees
- $908 Monthly HOA Fees
Parking
- 2 Parking Garage Spaces
Home Design
- Slab Foundation
- Membrane Roofing
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,279 Sq Ft Home
- 3-Story Property
- Living Room
- Laundry in unit
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- Accessibility Features
- Balcony
- East Facing Home
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 1
- Assessor Parcel Number 24 3731-75-*-1.77
Community Details
Overview
- Association fees include cable TV, pool, maintenance structure, ground maintenance, trash
- J J Coveys Unrec Sub Subdivision
Amenities
- Clubhouse
- Community Mailbox
Recreation
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 26, 2024
Sold by
Frost Michael R and Frost Tracy A
Bought by
Hardy Charles Avery and Jordan Brian Thomas
Total Days on Market
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Outstanding Balance
$358,021
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$153,739
Purchase Details
Listed on
Feb 2, 2018
Closed on
May 23, 2018
Sold by
Stephen Philip
Bought by
Frost Micheal R and Frost Tracy A
Seller's Agent
Toni Pastermack
Pastermack Real Estate
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$265,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 8, 2017
Sold by
Davis Barry B and Davis Mary Lou
Bought by
Davis Barry B and Davis Mary Lou
Purchase Details
Listed on
May 6, 2015
Closed on
Jun 25, 2015
Sold by
Goshen Mortgage Llc Reo
Bought by
Serafini Philip
Seller's Agent
Ryan Poole
RSI Asset Managament LLC
Buyer's Agent
Jo Ann Honeywell
Pastermack Real Estate
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$238,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 30, 2015
Sold by
Bedizel Ahmet J
Bought by
Goshen Mortgage Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 16, 2006
Sold by
Harbor Homes Llc
Bought by
Bedizel Ahmet J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,700
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Merritt Island, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $515,000 | Supreme Title | |
| Warranty Deed | $365,000 | Intl Title & Escrow Co Inc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Special Warranty Deed | $280,000 | Fidelity Natl Title Fl Inc | |
| Special Warranty Deed | -- | Fidelity Natl Title Fl Inc | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $429,900 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,500 | New Conventional | |
| Previous Owner | $265,000 | New Conventional | |
| Previous Owner | $230,150 | New Conventional | |
| Previous Owner | $238,000 | New Conventional | |
| Previous Owner | $396,700 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $515,000 | -1.9% | $226 / Sq Ft |
| 08/01/2024 08/01/24 | Pending | -- | -- | -- |
| 06/14/2024 06/14/24 | For Sale | $525,000 | +43.8% | $230 / Sq Ft |
| 05/25/2018 05/25/18 | Sold | $365,000 | -3.9% | $160 / Sq Ft |
| 04/19/2018 04/19/18 | Pending | -- | -- | -- |
| 02/02/2018 02/02/18 | For Sale | $379,900 | +35.7% | $167 / Sq Ft |
| 07/15/2015 07/15/15 | Sold | $280,000 | -6.4% | $123 / Sq Ft |
| 05/14/2015 05/14/15 | Pending | -- | -- | -- |
| 05/06/2015 05/06/15 | For Sale | $299,000 | -- | $131 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $3,884 | $302,020 | $0 | $0 |
| 2022 | $3,631 | $293,230 | $0 | $0 |
| 2021 | $3,805 | $284,690 | $0 | $0 |
| 2020 | $3,748 | $280,760 | $0 | $0 |
| 2019 | $3,720 | $274,450 | $0 | $0 |
| 2018 | $4,756 | $302,310 | $0 | $302,310 |
| 2017 | $4,685 | $299,820 | $0 | $299,820 |
| 2016 | $4,326 | $249,850 | $0 | $0 |
| 2015 | $4,212 | $217,800 | $0 | $0 |
| 2014 | -- | $198,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Fred McGill
Seller's Agent in 2024
Fred McGill
SIMPLESHOWING INC
(470) 946-6499
1 in this area
60 Total Sales
-
Stellar Non-Member Agent
S
Buyer's Agent in 2024
Stellar Non-Member Agent
FL_MFRMLS
-
Toni Pastermack
Seller's Agent in 2018
Toni Pastermack
Pastermack Real Estate
(321) 537-9800
53 in this area
143 Total Sales
-
N
Buyer's Agent in 2018
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
-
R
Seller's Agent in 2015
Ryan Poole
RSI Asset Managament LLC
-
J
Buyer's Agent in 2015
Jo Ann Honeywell
Pastermack Real Estate
Map
Source: Stellar MLS
MLS Number: O6214647
APN: 24-37-31-75-00000.0-0001.77
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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