1150 S Banana River Drive S, Merritt Island, FL 32952

$530,000
Property Type: Residential Bedrooms: 6 Baths: 3 Square Footage: 6,718 Status: Closed
Current Price: $530,000 List Date: 7/10/2020 Last Modified: 6/22/2026

Overview

Description

Attention Investors! 100 feet of Prime Banana River location. Current 3 story, 5,000+ square foot home is ready for a complete restoration to take advantage of the amazing water views. Home has been subdivided into 4 units that were previously used for rental income. Bring your imagination to this property that are in need of a face-lift!

Listing Details MLS# 874785

General Property Information

Bedrooms Total
6
Bathrooms Total
3
Accessory Dwelling Unit Y/N
Yes
Bathrooms Full
3
Living Area
5502
Living Area Source
Public Records
Building Area Total
6718
New Construction YN
No
Year Built
1955
Garage YN
Yes
Garage Spaces
Yes
Carport YN
No
Association YN
No
Association Name
BANANA RIVER DRIVE SUBD
Property Use
08 / MULTIPLE LIVING UNITS - 5 TO 9 UNITS (NOT
Water Body Access YN
No
Waterfront YN
Yes
Water Body Name
Banana River
Land Site Description
RIVER FRONT
Furnished
Unfurnished
Direction Faces
East
Senior Community YN
No
Pool Private YN
No
List Price/SqFt
76.34
Sold Price/SqFt
96.33
Bathrooms Half
0
Carport Spaces
0

Property Features

Appliances: Electric Range; Electric Water Heater; Refrigerator Cooling: Central Air; Electric Flooring: Carpet; Laminate; Tile Heating: Central; Electric Interior Features: Breakfast Bar; Ceiling Fan(s); Guest Suite; Open Floorplan; Split Bedrooms Levels: Multi/Split; Three Or More Listing Terms: Cash Parking Features: Additional Parking; Attached; Garage Pool Features: None Possession: Close Of Escrow Property Condition: Fixer Road Surface Type: Asphalt Roof: Membrane; Shingle Sewer: Septic Tank Showing Requirements: Appointment Only; Call Listing Agent; Call Listing Office; Listing Agent Must Accompany Special Listing Conditions: Standard Utilities: Cable Available; Water Available View: River; Water Waterfront Features: Canal Front; River Front Room Types: Florida Room

Contract Information

Original List Price
420000
Listing Contract Date
2020-05-05
Property Sub Type
Single Family Residence

Location Tax and Legal

Street Number
1150
Street Direction Prefix
S
Street Name
Banana River
Street Suffix
Drive
Street Direction Suffix
S
County
Brevard
State
FL
Postal Code
32952
MLS Area Major
254 - Newfound Harbor
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Attention Investors! 100 feet of Prime Banana River location. Current 3 story, 5,000+ square foot home is ready for a complete restoration to take advantage of the amazing water views. Home has been subdivided into 4 units that were previously used for rental income. Bring your imagination to this property that are in need of a face-lift!

Status Change Information

Major Change Timestamp
2021-01-30T00:49:39Z
Major Change Type
Status Change
Status Change Timestamp
2021-01-29
Purchase Contract Date
2020-10-12
Close Date
2021-01-29
Close Price
530000

More Information

Accessory Dwelling Information

Dwelling Type
Apartment
ADU Attached Y/N
Yes

Location, Tax, and Legal

Tax Account
2514559
Parcel Number
25-37-06-Cx-00000.0-0011.01
General County Location
Central
Elementary School
Tropical
Middle School
Jefferson
High School
Merritt Island
Tax Year
2019
Tax Legal Description
BANANA RIVER DRIVE SUBD N 1/2 OF LOT 11 E OF CANAL
Directions
From SR 520, turn South on S Banana River Dr. Property is 1.4 miles down on the left.

Appliances

Electric Range
Yes
Electric Water Heater
Yes
Refrigerator
Yes

Cooling

Central Air
Yes
Electric
Yes

Flooring

Carpet
Yes
Laminate
Yes
Tile
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

Breakfast Bar
Yes
Ceiling Fan(s)
Yes
Guest Suite
Yes
Open Floorplan
Yes
Split Bedrooms
Yes

Levels

Multi/Split
Yes
Three Or More
Yes

Listing Terms

Cash
Yes

Parking Features

Additional Parking
Yes
Attached
Yes
Garage
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Asphalt
Yes

Roof

Membrane
Yes
Shingle
Yes

Sewer

Septic Tank
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Water Available
Yes

View

River
Yes
Water
Yes

Waterfront Features

Canal Front
Yes
River Front
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Call Listing Office
Yes
Listing Agent Must Accompany
Yes

Property Condition

Fixer
Yes

Room Types

Florida Room
Yes
Listing Office: Pastermack Real Estate
Last Updated: June - 22 - 2026
Information is deemed to be reliable, but is not guaranteed.