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Under contract
  • Price cut: $5K (5/22)
    $459,900

    540 S Banana River Dr APT 103, Merritt Island, FL 32952

    3beds
    1,743sqft
    : 
    $3,892/mo
    Get pre-qualified
    Condominium
    Built in 2005
    -- sqft lot
    $440,900 Zestimate®
    $264/sqft
    $934/mo HOA

    What's special

    Gated communityPrivate storage closetTile floorsCrown moldingBoat lift includedMaple kitchen cabinetsWalk-in closets
    Just listed a direct Banana River front condo. Bring your boat, boat lift included in this sale. This luxury condo is in a gated community with 3 bedrooms, 3 baths. Features 2 car parking places under the building including a private storage closet. Large marina dock along side the community pool. This unit has crown molding, maple kitchen cabinets tile floors and large covered balcony along with Corian tops in great shape, washer and dryer utility closet, 2 master suites, with walk-in closets and so much more. A must see.
    125 days
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    54
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Teresa DeMark 321-799-4141,

    All Real Estate, Inc.

    Source: Space Coast AOR,MLS#: 1074404

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Breakfast Bar, 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)
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,743 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Additional Parking, Assigned, Garage, Garage Door Opener, Gated, Guest, Secured, Underground
      • Garage spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Covered, Rear Porch
      • Exterior features: Balcony, Dock
      • Has spa: Yes
      • Spa features: Community, Heated, In Ground
      • Fencing: Block,Chain Link,Full,Wrought Iron
      • Has view: Yes
      • View description: Marina
      • Has water view: Yes
      • Water view: Marina
      • Waterfront features: River Front
      • Body of water: Banana River
      Lot
      • Size: 871 Square Feet
      • Features: Few Trees, Sprinklers In Front
      Details
      • Additional parcels included: 2458486
      • Parcel number: 2437317500000.00003.04
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      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, Electricity Available, Water Available

      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, Spa/Hot Tub, Trash, Water
      • HOA fee: $934 monthly
      • HOA name: Marina Village Condominium
      Location
      • Region: Merritt Island

      Financial & listing details

      • Price per square foot: $264/sqft
      • Tax assessed value: $320,880
      • Annual tax amount: $1,899
      • Date on market: 4/11/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Asphalt

        Estimated market value

        $440,900

        $419,000 - $463,000

        $2,529/mo

        Price history

        DateEventPrice
        6/17/2026Contingent$459,900$264/sqft
        Source: Space Coast AOR #1074404 Report a problem
        5/22/2026Price change$459,900-1.1%$264/sqft
        Source: Space Coast AOR #1074404 Report a problem
        4/11/2026Listed for sale$464,900+173.5%$267/sqft
        Source: Space Coast AOR #1074404 Report a problem
        9/9/2025Listing removed$2,300$1/sqft
        Source: Zillow Rentals Report a problem
        8/12/2025Listed for rent$2,300-4.2%$1/sqft
        Source: Zillow Rentals Report a problem
        11/21/2024Listing removed$2,400$1/sqft
        Source: Space Coast AOR #1020416 Report a problem
        9/18/2024Price change$2,400-7.7%$1/sqft
        Source: Space Coast AOR #1020416 Report a problem
        7/31/2024Price change$2,600-7.1%$1/sqft
        Source: Space Coast AOR #1020416 Report a problem
        7/24/2024Listed for rent$2,800$2/sqft
        Source: Space Coast AOR #1020416 Report a problem
        3/30/2012Sold$170,000-5.5%$98/sqft
        Source: Space Coast AOR #631805 Report a problem
        1/15/2012Listed for sale$179,900-0.1%$103/sqft
        Source: All Real Estate, Inc. #631805 Report a problem
        1/20/2011Sold$180,000-4.4%$103/sqft
        Source: Public Record Report a problem
        1/3/2011Listed for sale$188,332$108/sqft
        Source: ERA Showcase Properties And Inv. #586602 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,899 +10%$160,240 +2.9%
        2024$1,726 +2.3%$155,730 +3%
        2023$1,687 +5.5%$151,200 +3%
        2022$1,598 -2.4%$146,800 +3%
        2021$1,637 +3.7%$142,530 +1.4%
        2020$1,578 +3.4%$140,570 +2.3%
        2019$1,527 $137,410 +1.9%
        2018$1,527 +0.6%$134,850 +2.1%
        2017$1,519 +0.3%$132,080 +2.1%
        2016$1,514 -13.1%$129,370 +0.7%
        2015$1,743 -3.1%$128,480 +0.8%
        2014$1,798 $127,460 +1.5%
        2013-- $125,580
        2012$2,231 -5.1%--
        2011$2,350 -7.6%--
        2010$2,544 -15.1%--
        2009$2,995 -20.1%--
        2008$3,750 +1.2%--
        2007$3,706 +948.1%--
        2005$354 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Angel City

        Getting around

        10 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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