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For SaleSingle Family Home
$550K
1660 N Banana River Drive, Merritt Island, FL 32952
Viera neighborhood
Subdivision: Riviera Isles Unit 1
4
Bedrooms
2
Bathrooms
2,072
Sq Ft
1968
Year Built
$265 /sqft

About This Property

Description from listing agent

Owner is a licesend real estate agent. Here's your chance to get on the water without paying the premium typically associated with deep-water waterfront living. Situated on a deep-water canal with no bridge restrictions to open water, this home offers the kind of boating access that is increasingly difficult to find--along with a private swimming pool featuring a recently renewed surface and a waterfront setting ready to be enjoyed. What makes this property especially compelling is the opportunity it presents. Rather than paying for someone else's renovations and design choices, the next owner can update and improve the home to suit their own style while taking advantage of a price that has been positioned with those improvements in mind. The home does have items a buyer should plan for, including bathroom updates, attention to the sliding glass doors, an older air-conditioning system, existing cast-iron drain lines, and seawall repairs.

Space Coast Context

🚀 Launch Viewing — Great Views

13.3 mi from SLC-40

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

Aerospace Commute Guide
SpaceX9.1 mi~20 min
Boeing/KSC9.2 mi~21 min
Lockheed9.4 mi~21 min
KSC9.5 mi~21 min
Blue Origin9.9 mi~22 min
Northrop18.1 mi~40 min
L3Harris20 mi~45 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / 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
  • 9/21/26
    Listed
    $550K
    $265/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
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
0.22 acres (9,583 sqft)
Full Baths
2
Garage
2 car
Waterfront
Canal Navigational to Banana River
Pool
Yes
Days on Market
19
MLS Area
251 - Central Merritt Island

Schools

Elementary

Audubon

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Sep 22, 2026
Parcel #
24-37-19-06-0000a.0-0024.00
$550K

Listing Agent (for property info)

R
Robert Napier
Coldwell Banker Realty
321-506-8000
Call Listing Agent

Estimated Monthly Payment

$3,598/mo
Principal & interest
$2,898
Property taxes
$550
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $550K price — down payment shown: $110,000.

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# 1088225

What's Nearby

schools
Audubon Elementary School
0.7 mi away
schools
Robert Louis Stevenson Elementary School of the Arts
0.8 mi away
fire stations
North Banana River Fire / Rescue Station 42
1.1 mi away
shopping
Banana River Market
1.9 mi away
grocery
Walmart Supercenter
1.9 mi away
schools
Lewis Carroll Elementary School
2.0 mi away
restaurants
Bagel World and Deli
2.0 mi away
grocery
Publix
2.1 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1088225 · Listing Broker: Coldwell Banker Realty · 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.