This Riverfront Beauty is Just 5 Minutes from the Beach!
Experience coastal living in this spacious 3-bedroom, 3-bath condo featuring soaring 10-foot tray ceilings and an oversized wraparound balcony overlooking both the marina and the Banana River.
The bright and airy great room is lined with 8-foot sliding glass doors on two sides, filling the space with natural light and framing views of the marina. All windows and doors are hurricane-impact rated for peace of mind, and the elegant window treatments allow you to control the light and privacy with ease.
The chef's kitchen is designed for both style and function, with solid-surface countertops, a separate pantry, and a breakfast bar. The master suite features a spacious bathroom with a soaking tub, walk-in shower, and dual sinks plus a walk-in closet and additional linen closet.
A separate laundry room, balcony storage, ceiling fans, vinyl plank flooring and tile add both durability and charm to every room (Boat Slip Available)
Sold for $555,000
$555,000
540 S Banana River Dr APT 101, Merritt Island, FL 32952
3beds
2,279sqft
Condominium
Built in 2005
-- sqft lot
$548,500 Zestimate®
$244/sqft
$2,945 Estimated rent
Home value
$548,500
$505,000 - $598,000
$2,945/mo
Zestimate® history
Owner options
List your home for rent
$2,945/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,945/mo
Rent Zestimate®
Refinance and save
$4,616/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,616/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Balcony storageBreakfast barSeparate laundry roomCeiling fansSeparate pantrySoaking tubVinyl plank flooring
Zillow last checked:
Listing updated:
Listed by:
Janis E Shealy 954-849-5951,
Better Homes & Gardens RE Star
Bought with:
Mary Gal, 3238154
Seaside Realty of Brevard
Source: Space Coast AOR,MLS#: 1062554
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Electric, Hot Water
Cooling
- Central Air, Electric, Split System
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Induction Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Features
- Breakfast Bar, Built-in Features, Ceiling Fan(s), Entrance Foyer, Guest Suite, In-Law Floorplan, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
- Flooring: Tile, Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 2,279 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Garage, Garage Door Opener, Gated, Guest, Secured, Underground
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Rear Porch, Wrap Around
- Exterior features: Balcony, Dock, Impact Windows
- Has spa: Yes
- Spa features: Community, Heated, In Ground
- Fencing: Block,Chain Link,Full,Wrought Iron
- Has view: Yes
- View description: Marina, River
- Has water view: Yes
- Water view: Marina,River
- Waterfront features: Navigable Water, River Access, River Front
- Body of water: Banana River
Lot
- Size: 871 Square Feet
- Features: Few Trees, Sprinklers In Front, Sprinklers In Rear
Details
- Additional parcels included: 2458484
- Parcel number: 2437317500000.00003.02
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Stucco
- Roof: Concrete,Membrane
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Security: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Firewall(s), Security Fence, Security Gate, Security Lights, Smoke Detector(s), Entry Phone/Intercom, Secured Elevator, Secured Lobby
- Subdivision: Marina Village Condo Ph I
HOA
- Has HOA: Yes
- Amenities included: Boat Dock, Cable TV, Car Wash Area, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Maintenance Structure, Management - Off Site, Marina, Pool, Sauna, Spa/Hot Tub, Trash, Water
- Services included: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash, Water
- HOA fee: $934 monthly
- HOA name: BP DAVIS PROPERTY MANAGEMENT
- HOA phone: 321-784-2091
Location
- Region: Merritt Island
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $401,620
- Annual tax amount: $3,029
- Date on market: 11/20/2025
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Sold | $555,000-2.6%$244/sqft |
Source: Space Coast AOR #1062554 Report a problem | ||
| 1/26/2026 | Pending sale | $569,900$250/sqft |
Source: Space Coast AOR #1062554 Report a problem | ||
| 12/19/2025 | Price change | $569,900-1.7%$250/sqft |
Source: Space Coast AOR #1062554 Report a problem | ||
| 11/20/2025 | Listed for sale | $579,900+20.8%$254/sqft |
Source: Space Coast AOR #1062554 Report a problem | ||
| 12/23/2021 | Sold | $480,000-1.8%$211/sqft |
Source: Space Coast AOR #912548 Report a problem | ||
| 10/19/2021 | Pending sale | $489,000$215/sqft |
Source: Space Coast AOR #912548 Report a problem | ||
| 8/8/2021 | Listed for sale | $489,000+39.7%$215/sqft |
Source: Space Coast AOR #912548 Report a problem | ||
| 12/2/2015 | Sold | $350,000-2.5%$154/sqft |
Source: Space Coast AOR #735342 Report a problem | ||
| 9/26/2015 | Pending sale | $359,000$158/sqft |
Source: Prudential Star R. E., Inc. #735342 Report a problem | ||
| 9/19/2015 | Listed for sale | $359,000-17.2%$158/sqft |
Source: Prudential Star R. E., Inc. #735342 Report a problem | ||
| 5/22/2015 | Listing removed | $1,400$1/sqft |
Source: Prudential Star R. E., Inc. #725387 Report a problem | ||
| 5/16/2015 | Listed for rent | $1,400+3.7%$1/sqft |
Source: Prudential Star R. E., Inc. #725387 Report a problem | ||
| 7/4/2014 | Listing removed | $1,350$1/sqft |
Source: Realty 2000 One #692446 Report a problem | ||
| 5/29/2014 | Listed for rent | $1,350+8%$1/sqft |
Source: Realty 2000 One #692446 Report a problem | ||
| 5/14/2012 | Listing removed | $1,250$1/sqft |
Source: Prudential Star Real Estate #639363 Report a problem | ||
| 4/27/2012 | Listed for rent | $1,250$1/sqft |
Source: Prudential Star Real Estate #639363 Report a problem | ||
| 11/21/2008 | Sold | $433,700-16.6%$190/sqft |
Source: Public Record Report a problem | ||
| 1/10/2006 | Sold | $520,000+27.1%$228/sqft |
Source: Public Record Report a problem | ||
| 10/11/2005 | Sold | $409,000$179/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,029 +9% | $221,710 +2.9% |
| 2024 | $2,779 +1.3% | $215,470 +3% |
| 2023 | $2,744 +7.1% | $209,200 +3% |
| 2022 | $2,562 +6.3% | $203,110 +14.1% |
| 2021 | $2,410 +3.2% | $177,990 +1.4% |
| 2020 | $2,335 +1.8% | $175,540 +2.3% |
| 2019 | $2,294 | $171,600 +1.9% |
| 2018 | $2,294 0% | $168,410 +2.1% |
| 2017 | $2,294 -0.5% | $164,950 +2.1% |
| 2016 | $2,306 -1.5% | $161,560 -22.2% |
| 2015 | $2,340 -36.5% | $207,610 +10% |
| 2014 | $3,684 | $188,740 +10% |
| 2013 | -- | $171,590 |
| 2012 | $3,048 -5.1% | -- |
| 2011 | $3,211 -7.6% | -- |
| 2010 | $3,475 -15.1% | -- |
| 2009 | $4,092 -20.1% | -- |
| 2008 | $5,123 +1.2% | -- |
| 2007 | $5,063 +1332% | -- |
| 2005 | $354 | -- |
Find assessor info on the county website
Neighborhood: Angel City
Nearby homes
- $382,1003 bd3 ba1.7k sqft540 S Banana River Dr APT 102, Merritt Island, FL 32952Off Market
- $388,5003 bd3 ba1.7k sqft540 S Banana River Dr APT 104, Merritt Island, FL 32952Off Market
- $591,4004 bd3 ba2.9k sqft540 S Banana River Dr APT 106, Merritt Island, FL 32952Off Market
- $571,1003 bd3 ba2.2k sqft540 S Banana River Dr APT 201, Merritt Island, FL 32952Off Market
- $381,4003 bd3 ba1.7k sqft540 S Banana River Dr APT 202, Merritt Island, FL 32952Off Market
- $368,4003 bd3 ba1.7k sqft540 S Banana River Dr APT 203, Merritt Island, FL 32952Off Market
- $378,6003 bd3 ba1.7k sqft540 S Banana River Dr APT 205, Merritt Island, FL 32952Off Market
- $750,0004 bd3 ba2.9k sqft540 S Banana River Dr APT 206, Merritt Island, FL 32952Sold
Nearby schools
GreatSchools rating
- 8/10Tropical Elementary SchoolGrades: PK-6Distance: 2.1 mi
- 7/10Thomas Jefferson Middle SchoolGrades: 7-8Distance: 1.8 mi
- 5/10Merritt Island High SchoolGrades: PK,9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Tropical
- Middle: Jefferson
- High: Merritt Island
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$548,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$548,500
- Florida
- Brevard County
- Merritt Island
- 32952
- Angel City
- 540 S Banana River Dr Apartment 101
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Merritt Island Topics
