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For SaleCondominium
$85K
250 N Banana River Drive #F20, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Treasure Coast Harbour Villas Condo
0
Bedrooms
1
Bathrooms
631
Sq Ft
1964
Year Built
$135 /sqft

About This Property

Description from listing agent

Opportunity knocks with this perfect investment opportunity! This 2nd floor end efficiency with view of Sykes Creek. Perfect rental investment unit with 6-month rental restriction. Newer Frigidaire stainless range, large storage closet, multiple closets adjacent to bath. Sliders to balcony, HOA includes water, laundry room, pool and fitness center on property. Day dock. Boat storage on first come/first served basis check with association. Close to Cocoa Beach and easy access to 528 to Orlando, Disney and attractions. Professional photos coming on January 4th.

Space Coast Context

🚀 Launch Viewing — Great Views

14.9 mi from SLC-40

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

Aerospace Commute Guide
SpaceX10.5 mi~23 min
Lockheed10.8 mi~24 min
Boeing/KSC11 mi~25 min
Blue Origin11 mi~25 min
KSC11.4 mi~25 min
Northrop16.2 mi~36 min
L3Harris18.1 mi~40 min

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

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

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.05 acres (2,178 sqft)
Full Baths
1
HOA Fee
$310/mo
Days on Market
239
MLS Area
252 - N Banana River Dr.

Community & HOA

HOA

  • Name: Treasure Coast Harbour Villas Condo
  • Fee: $310 / monthly

Schools

Elementary

Audubon

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Jan 2, 2026
Parcel #
24-37-31-00-00024.G-0000.00
$85K

Listing Agent (for property info)

J
Jon Scott Santy
Atlantic Group Real Estate
321-255-2550
Call Listing Agent

Estimated Monthly Payment

$993/mo
Principal & interest
$448
Property taxes
$85
Insurance & HOA
$460

Based on a 6.90% rate, 30-year loan, and $85K price — down payment shown: $17,000.

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# 1065362

What's Nearby

shopping
Banana River Market
0.1 mi away
restaurants
Bagel World and Deli
0.1 mi away
grocery
Walmart Supercenter
0.3 mi away
fire stations
North Banana River Fire / Rescue Station 42
0.8 mi away
pharmacies
Walgreens
1.2 mi away
restaurants
Steak 'n Shake
1.2 mi away
grocery
ALDI
1.3 mi away
schools
Audubon Elementary School
1.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1065362 · Listing Broker: Atlantic Group Real Estate · 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.