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ActiveUpdated Jul 27, 2026, 6:53 AM

540 S Banana River Drive 105

Merritt Island, FL, 32952

$490,000

3 bd 3 ba 1,743 sqft

About this home

Boat slips available to rent by owners in this community. Direct waterfront community on the Banana River with miles of stunning views, breathtaking sunrises, and abundant wildlife. Enjoy watching rocket launches and cruise ships from the comfort of home. This spacious 3BR/3BA unit overlooks the river and community pool/spa. Private bath in master as well as bedroom 3. Open Great Room with triple sliders brings in natural light and river breezes. 10 foot ceilings and 8 foot doors. Primary bedroom features private balcony access with water views. Updates include new appliances and a tankless water heater, and AC is only 3 years old. Private marina with boat slips available (unit does not include slip). Conveniently located near the beach, Kennedy Space Center, Orlando International Airport, shopping, dining, and local attractions. No condo approval or right of first refusal. Two pets allowed (35 lb max). 3-month minimum rental.

Features

MarinaPoolRiverWaterIntracoastalBalconyOutdoor ShowerBoat Ramp - PrivateBreakfast BarBuilt-in FeaturesCeiling Fan(s)Open FloorplanPantryPrimary Bathroom - Tub with ShowerPrimary Bathroom -Tub with Separate ShowerSplit BedroomsWalk-In Closet(s)Wet Bar

The details

Type
Residential
Year built
2005
Living area
1,743 sqft
Lot size
0.02 acres
Garage
2 spaces
HOA
$912/yr
Subdivision
Marina Village Condo Ph I
County
Brevard
Waterfront
Yes
Schools
Tropical · Jefferson · Merritt Island
MLS #
1074681

Listing courtesy of Darlene E Quivey, EXP Realty, LLC.

Listing information provided by the Space Coast Association of REALTORS® IDX program (source: Space Coast MLS (Space Coast Association of REALTORS®)). IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS. Last updated Jul 27, 2026, 6:53 AM.