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Sold for $435,000
    • $435,000

    540 S Banana River Dr APT 305, Merritt Island, FL 32952

    3beds
    1,743sqft
    Condominium
    Built in 2005
    -- sqft lot
    $427,200 Zestimate®
    $250/sqft
    $2,660 Estimated rent

    Home value

    $427,200

    $389,000 - $470,000

    $2,660/mo

    Zestimate® history
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    What's special

    Private balconyAll-new quartz countertopsInterior sprinklersImpact windowsRiverfront retreatPrimary suiteCustom kitchen
    Kick Out Clause- Top-floor riverfront retreat—where luxury and lifestyle come together! Enjoy breathtaking Banana River views from your private balcony as you watch rocket launches, dolphins, and manatees. This freshly painted, open-concept condo features soaring 10 ft ceilings, impact windows, interior sprinklers, and all-new quartz countertops in the kitchen and vanities. The custom kitchen includes a pantry and brand new dishwasher, range, and microwave, opening seamlessly to the living area—perfect for entertaining. All 3 bedrooms offer en-suite baths for ultimate comfort and privacy. The primary suite is a true sanctuary with an oversized tub, walk-in shower, and spacious closet. Enjoy resort-style amenities: pool, hot tub, sauna, fitness center, and clubhouse. With garage parking for 2 cars, 2 storage units, a NEW ROOF, NO ASSESSMENTS, and available boat slips—this is riverfront living at its best. Just minutes to the beach, shopping, dining, & entertainment! Make it yours today

    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn Capehart 954-270-4766,

    Florida Homes Rlty & Mtg. LLC

    Bought with:

    Non-Member Non-Member Out Of Area, nonmls

    Non-MLS or Out of Area

    Source: Space Coast AOR,MLS#: 1049024

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Ceiling Fan(s), Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,743 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Additional Parking, Gated
    • Garage spaces: 2
    Features
    • Stories: 1
    • Exterior features: Balcony
    • Has spa: Yes
    • Spa features: Community, In Ground
    • Has view: Yes
    • View description: Marina, River
    • Has water view: Yes
    • Water view: Marina,River
    • Waterfront features: River Front
    • Body of water: Banana River
    Lot
    • Size: 871 Square Feet
    • Features: Other
    Details
    • Additional parcels included: 2458500
    • Parcel number: 2437317500000.00003.18
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Concrete, Stucco
    • Roof: Other
    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: Security Gate, Smoke Detector(s)
    • Subdivision: Marina Village Condo Ph I
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Pool, Sauna
    • Services included: Cable TV, Maintenance Grounds, 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: $250/sqft
    • Tax assessed value: $343,380
    • Annual tax amount: $5,025
    • Date on market: 6/14/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/11/2025Pending sale$435,000$250/sqft
    Source: Space Coast AOR #1049024 Report a problem
    9/10/2025Sold$435,000$250/sqft
    Source: Space Coast AOR #1049024 Report a problem
    6/14/2025Listed for sale$435,000-0.9%$250/sqft
    Source: Space Coast AOR #1049024 Report a problem
    2/21/2025Listing removed$439,000$252/sqft
    Source: Space Coast AOR #1030357 Report a problem
    11/22/2024Listed for sale$439,000-2.2%$252/sqft
    Source: Space Coast AOR #1030357 Report a problem
    11/13/2024Listing removed$449,000$258/sqft
    Source: Space Coast AOR #1014293 Report a problem
    10/2/2024Price change$449,000-5.3%$258/sqft
    Source: Space Coast AOR #1014293 Report a problem
    8/22/2024Price change$474,000-0.2%$272/sqft
    Source: Space Coast AOR #1014293 Report a problem
    7/25/2024Price change$475,000-1%$273/sqft
    Source: Space Coast AOR #1014293 Report a problem
    6/20/2024Price change$480,000-1%$275/sqft
    Source: Space Coast AOR #1014293 Report a problem
    5/17/2024Listed for sale$485,000+11.5%$278/sqft
    Source: Space Coast AOR #1014293 Report a problem
    4/12/2024Sold$435,000-7.4%$250/sqft
    Source: Space Coast AOR #1007836 Report a problem
    3/28/2024Pending sale$469,900$270/sqft
    Source: Space Coast AOR #1007836 Report a problem
    3/14/2024Listed for sale$469,900+56.6%$270/sqft
    Source: Space Coast AOR #1007836 Report a problem
    2/22/2020Listing removed$1,700$1/sqft
    Source: Florida East Coast Real Estate #857207 Report a problem
    2/12/2020Price change$1,700-5.6%$1/sqft
    Source: Florida East Coast Real Estate #857207 Report a problem
    11/26/2019Price change$1,800-2.7%$1/sqft
    Source: Florida East Coast Real Estate #857207 Report a problem
    10/4/2019Listed for rent$1,850$1/sqft
    Source: Florida East Coast Real Estate #857207 Report a problem
    9/16/2019Listing removed$300,000$172/sqft
    Source: Zonders Realty LLC #839704 Report a problem
    7/30/2019Price change$300,000+0.2%$172/sqft
    Source: Zonders Realty LLC #839704 Report a problem
    4/24/2019Price change$299,500-6.4%$172/sqft
    Source: Zonders Realty LLC #839704 Report a problem
    3/16/2019Listed for sale$320,000+60%$184/sqft
    Source: Zonders Realty LLC #839704 Report a problem
    7/16/2014Sold$200,000-11.1%$115/sqft
    Source: Space Coast AOR #690145 Report a problem
    5/9/2014Price change$224,900-4.3%$129/sqft
    Source: Coldwell Banker Residential Real Estate - Melbourne #690145 Report a problem
    4/15/2014Price change$234,900-7.8%$135/sqft
    Source: Coldwell Banker Residential Real Estate - Melbourne #690145 Report a problem
    3/9/2014Price change$254,900-13.6%$146/sqft
    Source: Coldwell Banker Residential Real Estate - Melbourne #690145 Report a problem
    2/26/2014Listed for sale$294,900-18.1%$169/sqft
    Source: Coldwell Banker Res RE #690145 Report a problem
    6/3/2006Sold$360,000$207/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,741 -2.9%$343,380 -11.9%
    2024$4,880 -2.9%$389,800 -8%
    2023$5,026 +18.5%$423,840 +18.2%
    2022$4,240 +10.9%$358,560 +38.8%
    2021$3,824 +8.2%$258,350 +10.5%
    2020$3,535 +0.6%$233,740 +2.5%
    2019$3,514 $228,040 +4.8%
    2018$3,514 +1.8%$217,630 -8.2%
    2017$3,452 -6.8%$237,060 +20%
    2016$3,702 +8.4%$197,550
    2015$3,416 +7.7%$197,550 +15.7%
    2014$3,171 $170,790 +20%
    2013-- $142,330
    2012$1,842 -6.8%--
    2011$1,977 -12.4%--
    2010$2,256 -19.9%--
    2009$2,816 -23.1%--
    2008$3,663 -3.9%--
    2007$3,812 +978.3%--
    2005$354 --
    Find assessor info on the county website

    Neighborhood: Angel City

    Nearby homes

    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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    Estimated market value
    $427,200
    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
    $427,200

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