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Sold for $570,000
  • $570,000

    550 S Banana River Dr APT 203, Merritt Island, FL 32952

    3beds
    2,238sqft
    Condominium
    Built in 2007
    -- sqft lot
    $562,500 Zestimate®
    $255/sqft
    $2,868 Estimated rent

    Home value

    $562,500

    $518,000 - $613,000

    $2,868/mo

    Zestimate® history
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    What's special

    Private marinaAbundance of natural lightGranite countertopsOpen concept floor planSpectacular viewsTile floorsPlantation shutters
    COME SEE THIS 3 BEDROOM 3 BATH CONDO OVER LOOKING A PRIVATE MARINA AND THE BANANA RIVER. THIS UNIT HAS AN OPEN CONCEPT FLOOR PLAN WITH 10' CEILINGS THROUGHOUT. THE OVER SIZE SLIDER IN MASTER BEDROOM AND LIVING AREA OFFER SPECTACULAR VIEWS AND FLOODS THE UNIT WITH AN ABUNDANCE OF NATURAL LIGHT. THE CONDO IS FRESHLY PAINTED WITH NEUTRAL COLORS AND HAS TILE FLOORS,THROUGH OUT. THE GRANITE COUNTER TOPS, AND STAINLESS STEEL APPLIANCES ENHANCES THE LARGE KITCHEN. THE ALL WINDOWS AND MASTER BEDROOM SLIDERS HAVE PLANTATION SHUTTERS, AS WELL AS HURRICAN IMPACT DOORS AND WINDOWS. IN ADDITION ELECTRIC HURRICAN SHUTTERS ADD TO THE SECURITY AND BEAUTY OF THIS UNIT. MARINA VILLAGE IS A GATED WATERFRONT COMMUNITY THAT OFFERS A HEATED POOL WITH A SPA, A GYM AND PRIVATE MARINA. ONLY MINUTES TO THE BEACH OR DOWNTOWN COCOA VILLAGE. THIS GREAT LOCATION,IS NEAR PORT CANAVERAL, SHOPPING, DINNING, AND MEDICAL SERVICES.

    Zillow last checked:

    Listing updated:

    Listed by:

    Janis E Shealy 954-849-5951,

    Better Homes & Gardens RE Star

    Bought with:

    Non-Member Non-Member Out Of Area, nonmls

    Non-MLS or Out of Area

    Source: Space Coast AOR,MLS#: 1055300

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Area: 302.71
    • Dimensions: 22.16 x 13.66
    Bedroom 2
    • Area: 175.28
    • Dimensions: 15.58 x 11.25
    Bedroom 3
    • Area: 194.49
    • Dimensions: 16.33 x 11.91
    Great room
    • Area: 609.4
    • Dimensions: 27.50 x 22.16
    Kitchen
    • Area: 213.75
    • Dimensions: 16.66 x 12.83
    Other
    • Area: 38.06
    • Dimensions: 7.25 x 5.25
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
    Features
    • Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Guest Suite, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,238 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Additional Parking, Garage, Garage Door Opener, Gated, Underground
    • Garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Balcony, Dock, Impact Windows, Storm Shutters
    • Has spa: Yes
    • Spa features: Community, Heated, In Ground
    • Fencing: Block,Chain Link,Full
    • 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: 1,742 Square Feet
    • Features: Few Trees, Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional parcels included: 2461578
    • Parcel number: 24373175*2.26
    • Zoning description: Condominium
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Stucco
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 2007

    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, Security Fence, Security Gate, Security Lights, Smoke Detector(s), Secured Elevator, Secured Lobby
    • Subdivision: Marina Village Condo Ph VI
    HOA
    • Has HOA: Yes
    • Amenities included: Boat Dock, Cable TV, Car Wash Area, Elevator(s), Fitness Center, Gated, Management - Off Site, Marina, Pool, Security, Spa/Hot Tub, Trash
    • 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: $255/sqft
    • Tax assessed value: $405,140
    • Annual tax amount: $644
    • Date on market: 10/24/2025
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    12/1/2025Sold$570,000-1.5%$255/sqft
    Source: Space Coast AOR #1055300 Report a problem
    11/9/2025Pending sale$578,500$258/sqft
    Source: Space Coast AOR #1055300 Report a problem
    10/24/2025Listed for sale$578,500$258/sqft
    Source: Space Coast AOR #1055300 Report a problem
    10/7/2025Pending sale$578,500$258/sqft
    Source: Space Coast AOR #1055300 Report a problem
    9/18/2025Price change$578,500-1.9%$258/sqft
    Source: Space Coast AOR #1055300 Report a problem
    8/23/2025Listed for sale$590,000+45.7%$264/sqft
    Source: Space Coast AOR #1055300 Report a problem
    10/31/2018Sold$405,000-1.2%$181/sqft
    Source: Space Coast AOR #814525 Report a problem
    7/31/2018Pending sale$410,000$183/sqft
    Source: Florida East Coast Real Estate #814525 Report a problem
    5/24/2018Listed for sale$410,000+7.9%$183/sqft
    Source: Florida East Coast Real Estate #814525 Report a problem
    6/23/2017Sold$380,000-2.3%$170/sqft
    Source: Space Coast AOR #778362 Report a problem
    4/19/2017Pending sale$389,000$174/sqft
    Source: RE/MAX Aerospace Realty #778362 Report a problem
    3/16/2017Listed for sale$389,000+8.4%$174/sqft
    Source: RE/MAX Aerospace Realty #778362 Report a problem
    10/1/2013Listing removed$1,550$1/sqft
    Source: Loggins Realty Inc #671991 Report a problem
    8/27/2013Price change$1,550-3.1%$1/sqft
    Source: Loggins Realty Inc #671991 Report a problem
    7/25/2013Listed for rent$1,600$1/sqft
    Source: Loggins Realty Inc #671991 Report a problem
    10/8/2011Listing removed$359,000$160/sqft
    Source: Community Realty #540726 Report a problem
    2/26/2011Listed for sale$359,000-13.5%$160/sqft
    Source: Community Realty #540726 Report a problem
    11/6/2007Sold$415,000$185/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$825 +24.2%$253,750 +2.9%
    2024$664 +3%$246,600 +3%
    2023$645 +3.1%$239,420 +3%
    2022$625 +3.3%$232,450 +3%
    2021$605 $225,680 +1.4%
    2020-- $222,570 +2.3%
    2019$469 $217,570 -23%
    2018$469 -89.5%$282,730 -5.7%
    2017$4,477 -4.4%$299,820 +20%
    2016$4,685 +8.3%$249,850
    2015$4,326 +53.6%$249,850 +36.8%
    2014$2,817 $182,700 +1.5%
    2013-- $180,000
    2012$2,512 -6.4%--
    2011$2,683 -11.2%--
    2010$3,019 -18.7%--
    2009$3,715 -22.4%--
    2008$4,790 --
    Find assessor info on the county website

    Neighborhood: Angel City

    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
    $562,500
    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
    $562,500