Tour
#1049024, Dawn Capehart, Listing office: Florida Homes Rlty & Mtg. LLC
$595,000 List price
550 S Banana River Dr Unit 101 Merritt Island, FL 32952
3 beds
3 full
2,238 sqft
0.7 acres
$266 / sqft
Condo
Property details
About 550 S Banana River Dr Unit 101
BEAUTIFULLY UPDATED UNIT, OFFERS 3 BED ROOMS 3 BATHS, THE KITCHEN. HAS CUSTOM CABINETS WITH UPPER CABINETS LIGHTING TO ADD AMBIENCE' TO THE ENTIRE ROOM. WATERFALL SOAP STONE COUNTER TOPS AND STAINLESS STEEL APPLIANCES SHOW OFF THE DESIGNERS TOUCHES THROUGHOUT. CUSTOM DOORS AND HARDWOOD FLOORS IN ALL COMMON AREAS BRING WARMTH AND ELEGANCE TO THE SPACE. 8 FT IMPACT GLASS SLIDERS FLOOD THE ROOM WITH PLENTY OF NATURAL LIGHT. ALL GLASS DOORS AND WINDOW ARE TREATED WITH PROTECTIVE TINT FLIM TO INSULATE AND CREATE PRIVACY. EXPERIENCE THE CONSTANT OCEAN BREEZE FROM ACCROSS THE RIVER ON YOUR OVER SIZE WRAP AROUND BALCONY, WHILE ENJOYING STUNING VIEWS OF THE MARINA AND RIVER BELOW. EVENINGS OFFER AN OPPORTUNITY TO WATCH DOLPHIN AND MANATEE FROLIC IN THE MARINA WHILE ENJOYING A GLASS OF WINE AT DAYS END. THIS IS A MUST SEE, SO INDULGE IN A LITTLE PIECE OF PARADISE IN THIS TRANQUIL QUIET COMMUNITY.
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size2,238 sqft
Lot size0.68 Acres
Year built2007
ParkingAdditional Parking,Assigned,Garage,Garage Door Opener,Gated,Secured,Underground
MLS #1051282
Garage2 spaces
ViewMarina, River
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Convection Oven, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
- Flooring Type: Carpet,Wood
- Interior: Breakfast Bar,Ceiling Fan(s),Entrance Foyer,Guest Suite,Open Floorplan,Pantry,Primary Bathroom - Tub with Shower,Primary Bathroom -Tub with Separate Shower,Split Bedrooms,Walk-In Closet(s)
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Additional Parking,Assigned,Garage,Garage Door Opener,Gated,Secured,Underground
- View: Marina, River
- Exterior: Balcony, Boat Dock
- Architectural Style: Traditional
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $595,000
- Price/SqFt: $265
- HOA Amount: $934 Monthly
- Lot: Few Trees, Sprinklers In Front, Sprinklers In Rear
- Directions: FROM US 1 TO 520 GO EAST TURN RIGHT ON SOUTH BANANA RIVER DR CONDO WILL BE ON THE LEFT USE THE NORTH GATE
- Year Built: 2007
- Stories: 1
- Living Area: 2,238 SqFt
- Lot Size: 0.68 Acres
- MLS Number: 1051282
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: Better Homes & Gardens RE Star
- Office Phone: (321) 868-5555
- Office Email: broker@star-agent.com
- Listing Agent: Janis E Shealy
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: 7/20/2025, 8:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
8
Tropical Elementary School
Public District KG-6
2.1 mi
•885 S Courtenay Pkwy
8
Audubon Elementary School
Public District PK-6
2.2 mi
•1201 N Banana River Dr
4
MILA Elementary School
Public District PK-6
2.7 mi
•288 W Merritt Ave
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 $54,556. Residents of Merritt Island, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
34%
<35k
46%
35k-100k
19%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
10%
Single, with Kids
29%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
14%
18-34 yrs old
48%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Figure Skating
Pro Boxing
Where do the neighbors shop?
Nordstrom Rack
Chico's
Family Dollar
Where do the neighbors go to eat?
Chipotle
Bob Evans
White Castle
What do the neighbors drive?
Mazda
Oldsmobile
Chevrolet
What do the neighbors listen to?
Rock
News
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 550 S Banana River Dr Unit 101
The listing price of 550 S Banana River Dr Unit 101 property is $595,000.
The property 550 S Banana River Dr Unit 101 is a condo located in Merritt Island, Florida, 32952.
Active Listing: 550 S Banana River Dr Unit 101 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 550 S Banana River Dr Unit 101 are: Tropical Elementary School (GreatSchools Rating 8/10), Audubon Elementary School (GreatSchools Rating 8/10), MILA Elementary School (GreatSchools Rating 4/10), Jefferson Middle School (GreatSchools Rating 5/10), Ronald McNair Magnet School (GreatSchools Rating 3/10), Emma Jewel Charter Academy (GreatSchools Rating 2/10), Edgewood Jr/Sr High School (GreatSchools Rating 10/10), Cocoa Beach Junior/Senior High School (GreatSchools Rating 6/10), Merritt Island High School (GreatSchools Rating 5/10).
The property at 550 S Banana River Dr Unit 101 has 3 bedrooms and 3 bathrooms.
The property 550 S Banana River Dr Unit 101 is 2,238 SqFt (source: MLS/tax record).
The year of construction for 550 S Banana River Dr Unit 101 is 2007.
This home is located at 550 S Banana River Dr Unit 101 in Merritt Island, FL and zip code 32952. This 2,238 square foot home, which was built in 2007, sits on a 0.68 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $595,000.
In June 2025 more than 3 listings in Merritt Island, FL were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 60 were sold below. The number of homes for sale in Merritt Island, FL increased by 3.1% between May and June 2025. The median list price of listings available in June 2025 was $465,000, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.