NOT LISTED FOR SALE

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

Estimated Value: $512,000 - $593,000

3 Beds
3 Baths
2,300 Sq Ft
$610/mo HOA Fee

Last Sold August 27, 2021

Last sale price $460,000 $200 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,713/month

61 Days on Market

Highlights

  • Boat Ramp
  • Gated with Attendant
  • River View
  • Fitness Center
  • Heated In Ground Pool
  • Open Floorplan

About This Home

As of August 2021

Under contract w/ 72 hr kick-out-clause. Welcome home to spectacular river views from this spacious condo located in central Merritt Island close to the beaches, Port Canaveral, shopping, & dining. The spacious interior flows effortlessly from the open living space to the private balcony where you can admire views of the Banana River, Gorgeous Sunrises, rocket launches, & dolphins in the harbor below. Master Suite with River Views & Sliders to Balcony, Built-out Walk-in Closet, Double Sinks, Glass Enclosed Shower, tray ceilings, & Soaking Tub. There are 12' ceilings, a new AC system (2021), crown molding, & carpet with a neutral palette throughout the unit. The large kitchen features Corian countertops, maple cabinetry w/ crown molding, quality appliances, & a breakfast bar. There is also underground parking w/ 2 deeded spaces & a storage closet. Condo Association includes Sparkling Pool, Gym, Clubhouse, Water, Internet, & MORE! Boat Slips Available with Separate Purchase

Last Agent to Sell the Property

Jonathan Krauser

J. Edwards Real Estate License #3127056 Listed on: 08/11/2021

Last Buyer's Agent

Keith Krodel

Tropical Realty & Inv. of Brev

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,362

Year Built

  • Built in 2006

Lot Details

  • River Front
  • South Facing Home

HOA Fees

  • $610 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,300 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Screened Porch
  • River Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

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

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Boat Ramp
  • 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 24-37-31-75-00000.0-0001.08

Community Details

Overview

  • Association fees include cable TV, insurance
  • Bp Davis Association, Phone Number (321) 784-2091
  • Marina Village Condo Ph II Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Clubhouse
  • Elevator
  • Secure Lobby
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

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

Security

  • Gated with Attendant
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,362

Year Built

Built in 2006

Lot Details

0

HOA Fees

$610 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • Reso View: River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Fire Sprinkler System, Gated with Guard, Smoke Detector(s), Secured Lobby
  • Reso Association Amenities: Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Management - Full Time, Management - Off Site, Storage
  • Reso Association Fee Includes: Cable TV, Insurance
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Marina Village Condo Ph II
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-31-75-00000.0-0001.08
  • 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: 2361.86
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2300.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: 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
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 3
  • General Property Information Association Phone: 321-784-2091
  • Roof Concrete2: Yes
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Lobby: Yes
  • Interior Features Guest Suite: Yes
  • Pool Features Electric Heat: Yes
  • Pets Allowed Dogs OK: Yes
  • Security Features Gated with Guard: Yes
  • Levels MultiSplit: Yes
  • Exterior Features Boat Ramp - Private: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Guest Suite, 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
  • Spa Features: In Ground
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 3
  • 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:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony, Boat Ramp - Private
  • Pool Features: Community, Electric Heat, In Ground
  • Roof: Concrete
  • Acres: 0.01
  • Waterfront Features: River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Balcony: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Covered, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Covered: 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: 610.0
  • Association Fee Frequency: Monthly
  • Association Name: BP Davis
  • Phone: 321-784-2091
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: BP Davis
  • General Property Information:Association Fee: 610.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Storage: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Amenities:Car Wash Area: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 436.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2459542
  • Parcel #: 24-37-31-75-00000.0-0001.08
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2361.86

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Aug 26, 2021
Sold by
Vonderheide Christopher F
Bought by
Dagen Michael and Dagen Kim A
Seller's Agent
Jonathan Krauser
J. Edwards Real Estate
Buyer's Agent
Keith Krodel
Tropical Realty & Inv. of Brev
List Price
$469,900
Sold Price
$460,000
Premium/Discount to List
-$9,900
-2.11%
Current Estimated Value
$537,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,006
Avg. Annual Appreciation
3.77%
Original Mortgage
$300,000
Outstanding Balance
$272,978
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$264,028

Purchase Details

Closed on
Apr 10, 2006
Sold by
Harbor Homes Llc
Bought by
Moultrie Wilma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,410
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
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
Dagen Michael $460,000 Countywide T&E Corp
Dagen Michael $460,000 Countrywide Title & Escrow
Moultrie Wilma R $434,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dagen Michael $300,000
Closed Dagen Michael $300,000
Previous Owner Moultrie Wilma R $391,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $460,000 -2.1% $200 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $469,900 0.0% $204 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/08/2021 08/08/21 Price Changed $469,900 -2.1% $204 / Sq Ft
08/04/2021 08/04/21 Price Changed $479,900 -2.1% $209 / Sq Ft
07/15/2021 07/15/21 Price Changed $490,000 -10.9% $213 / Sq Ft
06/25/2021 06/25/21 For Sale $550,000 -- $239 / 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 $3,337 $270,130 -- --
2024 $3,302 $262,520 -- --
2023 $3,302 $254,880 $0 $0
2022 $3,085 $247,460 $0 $0
2021 $2,436 $180,000 $0 $0
2020 $2,362 $177,520 $0 $0
2019 $2,320 $173,530 $0 $0
2018 $2,321 $170,300 $0 $0
2017 $2,334 $166,800 $0 $0
2016 $2,368 $163,370 $0 $0
2015 $2,436 $162,240 $0 $0
2014 $2,451 $160,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Krauser

    Seller's Agent in 2021

    Jonathan Krauser

    J. Edwards Real Estate

    (321) 626-0015

    3 in this area

    166 Total Sales

    Jonathan Krauser
    Section Image

  • K

    Buyer's Agent in 2021

    Keith Krodel

    Tropical Realty & Inv. of Brev

See All Agents

Map

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

MLS Number: 908167

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-75-00000.0-0001.08

Florida Brevard County Merritt Island 32952

590 S Banana River Dr Unit 203, Merritt Island, FL

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.

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