NOT LISTED FOR SALE

590 S Banana River Dr Unit 304 Merritt Island, FL 32952

Estimated Value: $488,000 - $571,000

3 Beds
3 Baths
2,310 Sq Ft
$500/mo HOA Fee

Last Sold October 10, 2013

Last sale price $315,000 $136 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,514/month

100 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • In Ground Pool
  • Home fronts a seawall
  • Fitness Center
  • Open Floorplan

About This Home

As of October 2013

Stunning water views from this 3rd floor condo in Merritt Island. Bring your boat home to a private marina and boat slip with lift! This condo boasts a grand master suite as well as a second bedroom with private bath. Staggered tile throughout with wood floors in bedrooms. Granite counters in Kitchen, Baths and 3rd bdrm currently being used as office. High ceilings and crown molding galore draw your attention up. Master suite includes tray ceiling complete with molding. 3 parking spaces and '||chr(10)||'Addendum - 3 storage units included.

Last Agent to Sell the Property

Toni Pastermack

Pastermack Real Estate License #555056 Listed on: 06/25/2013

Last Buyer's Agent

Donna Cox

The Property Place License #463670

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 2006

Lot Details

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

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,310 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Screened Porch
  • Water Views
  • Washer and Gas Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Balcony
  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24373175000000000114

Community Details

Overview

  • Association fees include sewer, trash, water
  • Marina Village Condo Ph II Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Secure Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,116

Year Built

Built in 2006

Lot Details

0

HOA Fees

$500 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Other
  • Reso View: Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Fire Sprinkler System, Secured Elevator, Secured Lobby
  • Reso Association Amenities: Boat Dock, Car Wash Area, Clubhouse, Fitness Center, Maintenance Grounds, Management - Full Time, Sauna, Spa/Hot Tub
  • Reso Association Fee Includes: Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Marina Village Condo Ph II
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split, Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24373175000000000114
  • 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: 3115.8
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 2310.0
  • 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
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • General Property Information Stories Total: 4
  • Levels Three Or More: Yes
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Exterior Features Boat Lift: Yes
  • Levels MultiSplit: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 4
  • Appliances Dishwasher: 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:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony, Boat Lift
  • Pool Features: Community, In Ground
  • Roof: Metal, Other
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Deck, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Other21: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable 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: 500.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 500.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Boat Dock: 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

  • Parcel #: 24373175000000000114

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3115.8

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2025
Sold by
Davis Family Trust and Davis James B
Bought by
Jordan Brian and Hardy Charles A
Current Estimated Value
$520,760

Purchase Details

Listed on
Jun 25, 2013
Closed on
Oct 10, 2013
Sold by
Olseen Eric C and Olseen Sherry
Bought by
Davis Barry B and Davis Mary Lou
Seller's Agent
Toni Pastermack
Pastermack Real Estate
Buyer's Agent
Donna Cox
The Property Place
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Dec 28, 2012
Sold by
Schatzi Lllp
Bought by
Olseen Eric C and Olseen Sherry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
3.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 31, 2007
Sold by
Harbor Homes Llc
Bought by
Olseen Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,400
Interest Rate
6.14%
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
Jordan Brian $25,000 None Listed On Document
Davis Barry B $315,000 Sunbelt Title Agency
Olseen Eric C $650,000 Security First Title & Escro
Olseen Eric C $426,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olseen Eric C $585,000
Previous Owner Olseen Eric C $383,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2013 10/10/13 Sold $315,000 -10.0% $136 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $350,000 -- $152 / 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 $3,301 $272,140 -- --
2024 $3,264 $264,480 -- --
2023 $3,264 $256,780 $0 $0
2022 $3,101 $249,310 $0 $0
2021 $3,237 $242,050 $0 $0
2020 $3,173 $238,710 $0 $0
2019 $3,139 $233,350 $0 $0
2018 $3,148 $229,000 $0 $0
2017 $3,179 $224,290 $0 $0
2016 $3,237 $219,680 $0 $0
2015 $3,339 $218,160 $0 $0
2014 $3,363 $216,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Toni Pastermack

    Seller's Agent in 2013

    Toni Pastermack

    Pastermack Real Estate

    (321) 537-9800

    38 in this area

    116 Total Sales

    Toni Pastermack
    Section Image
  • Donna Cox

    Buyer's Agent in 2013

    Donna Cox

    The Property Place

    (321) 223-7048

    3 in this area

    249 Total Sales

    Donna Cox
    Section Image
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Map

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

MLS Number: 671478

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-75-00000.0-0001.14

Florida Brevard County Merritt Island 32952

590 S Banana River Dr Unit 304, 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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