550 S Banana River Drive 203, Merritt Island, FL 32952 (MLS# 1055300)

550 S Banana River Drive 203, Merritt Island, FL 32952

$570,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1055300

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,238 Lot Size (sq. ft.): 1,742 Status: Closed

Current Price: $570,000 List Date: 10/24/2025 Last Modified: 6/09/2026

Overview

Description

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.

Listing Details MLS# 1055300

General Property Information

Bedrooms Total: 3
Bathrooms Total: 3
Accessory Dwelling Unit Y/N: No
Bathrooms Full: 3
Living Area: 2238
Living Area Source: Public Records
Accessibility Features YN: Yes
New Construction YN: No
Year Built: 2007
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Lot Size Acres: 0.04
Lot Size Square Feet: 1742
Association YN: Yes
Association Fee: 934
Association Fee Frequency: Monthly
Association Name: BP DAVIS PROPERTY MANAGEMENT
Association Phone: 321-784-2091
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Water Body Name: Banana River
Furnished: Unfurnished
Stories: Yes
Stories Total: 4
Entry Level: 2
Direction Faces: West
Senior Community YN: No
Pool Private YN: No
List Price/SqFt: 258.49
Sold Price/SqFt: 254.69
Bathrooms Half: 0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Ice Maker; Microwave; Plumbed For Ice Maker; Refrigerator; Washer Architectural Style: Traditional Association Amenities: Boat Dock; Cable TV; Car Wash Area; Elevator(s); Fitness Center; Gated; Management - Off Site; Marina; Pool; Security; Spa/Hot Tub; Trash Association Fee Includes: Cable TV; Insurance; Internet; Maintenance Grounds; Maintenance Structure; Security; Trash; Water Construction Materials: Concrete; Stucco Cooling: Central Air; Electric Current Use: Marina; Multi-Family; Residential Exterior Features: Balcony; Dock; Impact Windows; Storm Shutters Fencing: Block; Chain Link; Full Flooring: Tile Heating: Central; Electric Interior 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) Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Listing Terms: Cash; Conventional Lot Features: Few Trees; Sprinklers In Front; Sprinklers In Rear Parking Features: Additional Parking; Garage; Garage Door Opener; Gated; Underground Patio And Porch Features: Patio Pets Allowed: Cats OK; Dogs OK; Number Limit; Size Limit Possession: Close Of Escrow Rental Restrictions: 3 Months Road Frontage Type: County Road Road Surface Type: Asphalt Roof: Membrane Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Secured Elevator; Secured Lobby; Security Fence; Security Gate; Security Lights; Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Appointment Only; Lockbox; No Sign; Showing Service Spa Features: Community; Heated; In Ground Special Listing Conditions: Standard Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Sewer Available; Sewer Connected; Water Available; Water Connected View: Marina; River Water Source: Public Waterfront Features: River Front Room Types: Bedroom 2; Bedroom 3; Great Room; Kitchen; Primary Bedroom; Other Room Community Features: Gated

Contract Information

Original List Price: 590000
Listing Contract Date: 2025-08-21
Start Showing Date: 2025-10-24
Property Sub Type: Condominium
Property Attached YN: Yes
Unit Type: End Unit
Comp Sale YN: No

Location Tax and Legal

Street Number: 550
Street Direction Prefix: S
Street Name: Banana River
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32952
MLS Area Major: 253 - S Merritt Island
Subdivision Name: Marina Village Condo Ph VI

Remarks and Miscellaneous

Public Remarks: 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.

Status Change Information

Major Change Timestamp: 2025-12-09T20:56:08Z
Major Change Type: Status Change
Price Change Timestamp: 2025-09-18T16:19:18Z
Status Change Timestamp: 2025-12-09
Purchase Contract Date: 2025-11-08
Close Date: 2025-12-01
Close Price: 570000

More Information

Closing Company Details

Closing Company Name: ISLAND TITLE & ESCROW AGENCY, INC.
Closing Company Address: 2245 N COURTENAY PKWY., MERRITT ISLAND, FL. PH: 321-453-6099

DPR Eligible

DPR Eligible: Yes

Legal Details

Permission Granted to Advertise: Yes

Pets Allowed

Total Number Of Pets: 2
Cats OK: Yes
Dogs OK: Yes
Number Limit: Yes
Size Limit: Yes

Showing Requirements

Gated: Community
Appointment Only: Yes
Lockbox: Yes
No Sign: Yes
Showing Service: Yes

Non Member Info

Non-Member Brokerage: REMAX Masterpiece
Non-Member Name: Nathan Berlin

Currently Not Used

Homestead YN: Yes

Location, Tax, and Legal

Unit Number: 203
Tax Account: 2461578
Parcel Number: 24-37-31-75-*-2.26
General County Location: Central
Elementary School: Tropical
Middle School: Jefferson
High School: Merritt Island
Tax Annual Amount: 644.78
Tax Year: 2023
Zoning Description: Condominium
Directions: Head East on 520 to South Banana River Dr to Marina Village on your left Use 1st entrance gate..

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Oven: Yes
Electric Range: Yes
Electric Water Heater: Yes
Ice Maker: Yes
Microwave: Yes
Plumbed For Ice Maker: Yes
Refrigerator: Yes
Washer: Yes

Architectural Style

Traditional: Yes

Association Amenities

Boat Dock: Yes
Cable TV: Yes
Car Wash Area: Yes
Elevator(s): Yes
Fitness Center: Yes
Gated: Yes
Management - Off Site: Yes
Marina: Yes
Pool: Yes
Security: Yes
Spa/Hot Tub: Yes
Trash: Yes

Association Fee Includes

Cable TV: Yes
Insurance: Yes
Internet: Yes
Maintenance Grounds: Yes
Maintenance Structure: Yes
Security: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Construction Materials

Concrete: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Marina: Yes
Multi-Family: Yes
Residential: Yes

Exterior Features

Balcony: Yes
Dock: Yes
Impact Windows: Yes
Storm Shutters: Yes

Fencing

Block: Yes
Chain Link: Yes
Full: Yes

Flooring

Tile: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Breakfast Bar: Yes
Ceiling Fan(s): Yes
Entrance Foyer: Yes
Guest Suite: Yes
Open Floorplan: Yes
Pantry: Yes
Primary Bathroom -Tub with Separate Shower: Yes
Split Bedrooms: Yes
Walk-In Closet(s): Yes

Laundry Features

Electric Dryer Hookup: Yes
In Unit: Yes
Washer Hookup: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Few Trees: Yes
Sprinklers In Front: Yes
Sprinklers In Rear: Yes

Parking Features

Additional Parking: Yes
Garage: Yes
Garage Door Opener: Yes
Gated: Yes
Underground: Yes

Patio And Porch Features

Patio: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

County Road: Yes

Road Surface Type

Asphalt: Yes

Roof

Membrane: Yes

Security Features

Closed Circuit Camera(s): Yes
Fire Alarm: Yes
Fire Sprinkler System: Yes
Secured Elevator: Yes
Secured Lobby: Yes
Security Fence: Yes
Security Gate: Yes
Security Lights: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Spa Features

Community: Yes
Heated: Yes
In Ground: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Available: Yes
Cable Connected: Yes
Electricity Available: Yes
Electricity Connected: Yes
Sewer Available: Yes
Sewer Connected: Yes
Water Available: Yes
Water Connected: Yes

View

Marina: Yes
River: Yes

Water Source

Public: Yes

Waterfront Features

River Front: Yes

Rental Restrictions

3 Months: Yes

Room Types

Bedroom 2: Yes
Bedroom 3: Yes
Great Room: Yes
Kitchen: Yes
Primary Bedroom: Yes
Other Room: Yes

Community Features

Gated: Yes

Room Information

Great Room Length: 27.50 Length: 27.50 Width: 22.16 Width: 22.16 Kitchen Length: 16.66 Length: 16.66 Width: 12.83 Width: 12.83 Primary Bedroom Length: 22.16 Length: 22.16 Width: 13.66 Width: 13.66 Bedroom 2 Length: 15.58 Length: 15.58 Width: 11.25 Width: 11.25 Bedroom 3 Length: 16.33 Length: 16.33 Width: 11.91 Width: 11.91 Other Length: 7.25 Length: 7.25 Width: 5.25 Width: 5.25