$10,000 Closing Credit¹
#O6304889, Ting Li, Listing Office: KYLIN REALTY LLC
$2,700,000 List price
1295 S Banana River Dr Merritt Island, FL 32952
5 beds
5 full
4,860 sqft
0.3 acres
$556 / sqft
House
Property details
About 1295 S Banana River Dr
Coming Soon! Luxury Waterfront Living at Marker 24 - New Construction in Merritt Island Welcome to the model home on a premier marina-front lot in Marker 24. This brand-new 5 bed, 5 bath + den residence offers luxury coastal living with rocket launch views, a private pool, and three balconies overlooking the river and marina. Enjoy a designated boat slip, outdoor kitchen, wine cellar, dual primary suites, 12' ceilings, impact-rated windows/doors, and a 2-car garage plus a 45' RV/boat garage. Steps from Marker 24 Restaurant and just minutes from Cocoa Beach and Cape Canaveral, this home delivers the best of Florida waterfront living. Whether you're looking for a dream home or an investment, this is a rare opportunity you don't want to miss.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size4,860 sqft
Lot size0.35 Acres
Year builtNew Const., 2025
ParkingGarage,Garage Door Opener,RV Access/Parking
MLS #1043382
Garage3 spaces
ViewMarina, River
Virtual tour
Summary
- Full Bathrooms: 5
- Appliances: Convection Oven, Double Oven, Electric Cooktop, Microwave, Refrigerator
- Flooring Type: Other
- Interior: Ceiling Fan(s),Eat-in Kitchen,Guest Suite,In-Law Floorplan,Kitchen Island,Pantry,Primary Bathroom -Tub with Separate Shower,Split Bedrooms,Walk-In Closet(s),Wine Cellar
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- Attached Garage: No
- Parking: Garage,Garage Door Opener,RV Access/Parking
- View: Marina, River
- Exterior: Balcony, Boat Slip, Outdoor Kitchen
- Heating: Central
- Cooling: Central Air
- List Price: $2,700,000
- Price/SqFt: $555
- Annual Tax Amount: $786
- Tax Year: 2023
- Lot: Cleared
- Directions: Head east on Merritt Island Cswy. Turn right onto S Banana River Drive. On your right side. It is 1.6 miles from 520 Cswy
- Year Built: 2025
- Stories: 2
- Living Area: 4,860 SqFt
- Lot Size: 0.35 Acres
- MLS Number: 1043382
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: Blue Marlin Real Estate
- Office Phone: (321) 877-2902
- Office Email: chad@bluemarlinre.com
- Listing Agent: Dennis Rainer Quolke, Michael DeVivo
Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/13/2025, 12:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,700,000
1295 S Banana River Dr
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 26, 2024 | Home Sold | $375,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $63,970 | $786 |
History based on county public records data.
Nearby schools
8
Tropical Elementary School
Public District KG-6
2.2 mi
•885 S Courtenay Pkwy
9
Theodore Roosevelt Elementary School
Public District KG-6
2.3 mi
•1400 Minutemen Cswy
8
Audubon Elementary School
Public District PK-6
3.0 mi
•1201 N Banana River Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,212. Typical income of Merritt Island, FL residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
31%
<35k
39%
35k-100k
18%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
6%
Single, with Kids
37%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
52%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Figure Skating
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Bob Evans
What do the neighbors drive?
Mazda
Lincoln
Oldsmobile
What do the neighbors listen to?
Rock
Classical
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1295 S Banana River Dr
The listing price of 1295 S Banana River Dr property is $2,700,000.
The property 1295 S Banana River Dr is a house located in Merritt Island, Florida, 32952.
Active Listing: 1295 S Banana River Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1295 S Banana River Dr are: Tropical Elementary School (GreatSchools Rating 8/10), Theodore Roosevelt Elementary School (GreatSchools Rating 9/10), Audubon Elementary School (GreatSchools Rating 8/10), Jefferson Middle School (GreatSchools Rating 5/10), Ronald McNair Magnet School (GreatSchools Rating 3/10), Emma Jewel Charter Academy (GreatSchools Rating 2/10), Cocoa Beach Junior/Senior High School (GreatSchools Rating 6/10), Edgewood Jr/Sr High School (GreatSchools Rating 10/10), Merritt Island High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $786 (source: MLS/based on county public records data).
The last sale was on August 26, 2024 for $375,000 (source: MLS/tax record).
The property at 1295 S Banana River Dr has 5 bedrooms and 5 bathrooms.
The property 1295 S Banana River Dr is 4,860 SqFt (source: MLS/tax record).
The year of construction for 1295 S Banana River Dr is 2025.
This home is located at 1295 S Banana River Dr in Merritt Island, FL and zip code 32952 in the Fowlers neighborhood. This 4,860 square foot home, which was built in 2025, sits on a 0.35 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $2,700,000.
In April 2025, from all listings sold in Merritt Island, FL there were more than 5 sold above asking price, over 54 sold below and more than 11 were sold right at the asked price. The inventory of homes for sale in Merritt Island, FL between March and April 2025 increased by 12.2%. In April 2025, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $471,727.
From Rocket Homes Real Estate and based on county public records data.