540 S Banana River Drive 105
Merritt Island, FL, 32952
$490,000
49 photos— tap any to expand
About this home
Boat slips available to rent by owners in this community. Check out this 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
The details
- Type
- Residential
- Year built
- 2005
- Living area
- 1,743 sqft
- Lot size
- 0.02 acres
- Garage
- 2 spaces
- HOA
- $912/mo
- 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 Sep 2, 2026, 9:43 AM.
More homes in Merritt Island
Priced $375,000–$625,000, newest first.
Active$375,000
55 photos
540 Barrett Drive
Merritt Island, FL 32952 · Floral Park Sec 1
Updated Sep 13, 2026
Active$598,000
23 photos
3452 Tipperary Drive
Merritt Island, FL 32953 · Sunset Lakes PUD Phase X
Updated Sep 13, 2026
Active$565,000
69 photos
3685 Starlight Avenue
Merritt Island, FL 32953 · Sunset Lakes PUD Phase 1-A
Updated Sep 13, 2026
Active$429,000
3 photos
340 Riverside Avenue
Merritt Island, FL 32953 · Hampton Homes Unit 7
Updated Sep 9, 2026
Active$595,000
39 photos
2345 Marsh Harbor Avenue
Merritt Island, FL 32952 · Marsh Harbor
Updated Sep 9, 2026
Active$585,000
39 photos
1085 Old Parsonage Drive
Merritt Island, FL 32952 · New Georgiana Settlement The
Updated Sep 9, 2026
Listing information provided by the Space Coast Association of REALTORS® IDX program. 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.

