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.
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