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For SaleSingle Family Home
$840K
1000 S Banana River Drive, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Banana River Drive Subd
2
Bedrooms
2
Bathrooms
1,194
Sq Ft
2000
Year Built
$704 /sqft

About This Property

Description from listing agent

Experience elevated waterfront living in this exceptional direct riverfront retreat, thoughtfully updated with impact windows and a newer septic system for peace of mind and modern efficiency. Built high to maximize both elevation and breathtaking panoramic views, the home captures stunning 180° river vistas from nearly every room. Designed for boating enthusiasts, the property offers excellent water depth, a new dock, jet ski lift, and a natural coquina seawall that enhances both ambiance and shoreline security. Inside, crisp coastal elegance blends beautifully with modern European-style cabinetry, quartz countertops, slate appliances, stylish pendant lighting, decorator backsplash, recessed lighting, and durable LVP flooring throughout. Both generously sized bedrooms feature ensuite baths and walk-in closets, while updated bathrooms include spa-inspired finishes such as a rain shower. Expansive three-tier sliders create seamless indoor-outdoor living, opening to an enormous reclaimed

Space Coast Context

🚀 Launch Viewing — Great Views

16.2 mi from SLC-40

16.2 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
SpaceX11.7 mi~26 min
Blue Origin11.8 mi~26 min
Lockheed11.9 mi~27 min
Boeing/KSC12.4 mi~28 min
KSC12.8 mi~29 min
Northrop14.8 mi~33 min
L3Harris16.7 mi~37 min

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 6/27/26
    Price change
    $840K -0.6%
    $704/sqft
  • 6/14/26
    Price change
    $845K -0.6%
    $708/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
2 reductions
Originally listed at $845,000 · Cut $10,000 total
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.15 acres (6,534 sqft)
Full Baths
2
Garage
1 car
Waterfront
Banana River
Days on Market
65
MLS Area
254 - Newfound Harbor

Schools

Elementary

Tropical

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
May 12, 2026
Parcel #
25-37-06-Cx-00000.0-0006.01
$840K

Listing Agent (for property info)

E
Emily Garry
Real Broker, LLC
321-368-7680
Call Listing Agent

Estimated Monthly Payment

$5,416/mo
Principal & interest
$4,426
Property taxes
$840
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $840K price — down payment shown: $168,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1076931

Interested in this property?

Equal Housing Opportunity

MLS# 1076931 · Listing Broker: Real Broker, LLC · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.