28 days on rocket

1350 S Banana River Dr, Merritt Island, FL, 32952

$3,650,000

4 Bedrooms
3 Full Baths, 3 Partial
3,715 SqFt
$983/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Garage, Guest
Garage3 spaces
Year Built2020
HeatingCentral, Zoned
CoolingCentral Air, Zoned, Split System
WaterfrontNavigable Water, River Front, Intracoastal
FireplaceElectric, Gas
ViewRiver, Intracoastal
Private PoolYes
MLS #1009410
Lot Size0.55 Acres
StatusActive

About 1350 S Banana River Dr

Experience the epitome of luxury living at this breath taking riverfront property nestled on a private peninsula with 250 feet of waterfront. This resort style home boast impeccable lavish finishes and offers unparalleled views of the watery marine life, space launches and passing cruise ships. Built in 2020 to the newest codes the home features impact glass, smart home technology, full home generator and superb energy efficiency. It has both a downstairs and upstairs master suite with walk in closets and luxury spa style bathrooms. The chefs kitchen is laced the finest appliances and massive eat in island. Other features include a wine room, 3 car garage, gated entrance, and all the finest finishes throughout. The grounds resemble a high end retreat with heated salt water pool and spa, pergola, landscape lighting, dock and multiple gas fire pits. This is an ultimate 2nd home opportunity located just 60 minutes from Orlando airport and has a full marina with restaurant nearby.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2020
  • Stories: 2
  • Living Area: 3,715 SqFt

Listing Office:

  • Office Name: One Sotheby's International
  • Office Phone: (321) 984-3135
  • Listing Agent: Scott M Bouchard

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Gas Range, Gas Water Heater, Instant Hot Water, Microwave, Refrigerator, Tankless Water Heater, Wine Cooler
  • Flooring Type: Tile, Wood
  • Interior: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Guest Suite, His and Hers Closets, Kitchen Island, Primary Bathroom -Tub with Separate Shower, Smart Home, Walk-In Closet(s), Wet Bar, Wine Cellar
  • Fireplace: Electric, Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Navigable Water, River Front, Intracoastal
  • View: River, Intracoastal
  • Exterior: Balcony, Boat Slip, Boat Dock, Fire Pit, Outdoor Shower

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Additional Parking, Garage, Guest

Virtual/3D Tour

  • Virtual Tour: 1350 S Banana River Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Irregular Lot, Many Trees
  • Lot Size: 0.55 Acres

Utilities

Utilities Information:

  • Heating: Central, Zoned
  • Cooling: Central Air, Zoned, Split System

School Info

Assigned Schools Information:

  • Merritt Island High School, Public District Grades PK-12
  • Thomas Jefferson Middle School, Public District Grades 7-8
  • Tropical Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Take SR 520 to New Found Harbor Dr and head south. Turn left on Mili Ave after 1.4 miles. Then turn right on S Banana River Dr. House will be .2 miles on left right before Marker 24 Marina.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,650,000
  • Price Per SqFt: $983/SqFt

Tax Information:

  • Annual Amount: $5,772
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Merritt Island, FL.

Med. Sold Price

$469.3K

Med. Price/SqFt

$248

Avg. Days On Market

62

# of Sold Homes

67

1350 S Banana River Dr vs Merritt Island

28 DAYS ON ROCKET

-34 Days

$3,650,000

+$3.1M More

$983/SqFt

+$734 More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price and $734/SqFt more than other homes in Merritt Island, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1009410

Listing Office:

  • Office Name: One Sotheby's International
  • Office Phone: (321) 984-3135
  • Listing Agent: Scott M Bouchard

IDX Copyright © 2024 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: 4/29/2024, 3:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 05, 2019Home Sold
$550,000
Jun 22, 2018Home Sold
$2,825,000
Mar 12, 2007Home Sold
$500,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,772$412,500
2019$6,473$242,550
2018$6,043$446,890
2017$6,043$389,110

History based on county public records data.

Payment Calculator

$18.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3199041
8
/10
  • Tropical Elementary School

  • 885 S Courtenay Pkwy

  • 2.19 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3199042
4
/10
  • Thomas Jefferson Middle School

  • 1275 S Courtenay Pkwy

  • 1.59 miles

  • Public District Grades 7-8

High School

school-card-donut-3199043
4
/10
  • Merritt Island High School

  • 100 Mustang Way

  • 3.71 miles

  • Public District Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,212. Residents of Merritt Island, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1350 S Banana River Dr

What is the listing price of this property?

The listing price of 1350 S Banana River Dr property is $3,650,000.

What type of property is this?

The property 1350 S Banana River Dr is a house located in Merritt Island, Florida, 32952.

Is this property for sale now?

Active Listing: 1350 S Banana River Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1350 S Banana River Dr are:
Tropical Elementary School: GreatSchools Rating 8/10
Thomas Jefferson Middle School: GreatSchools Rating 4/10
Merritt Island High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,772 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 5, 2019 for $550,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1350 S Banana River Dr has 4 bedrooms and 3 full and 3 half bathrooms.

What is the square footage of this property?

The property 1350 S Banana River Dr is 3,715 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1350 S Banana River Dr is 2020.
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Rocket HomesFloridaBrevard CountyMerritt Island329521350 S Banana River Dr

This home is located at 1350 S Banana River Dr in Merritt Island, FL and zip code 32952 in the Fowlers neighborhood. This 3,715 square foot home, which was built in 2020, sits on a 0.55 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 31, 2024 and is currently priced at $3,650,000.

While more than 4 listings in Merritt Island, FL in March 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 54 were sold below. Between February 2024 and March 2024, Merritt Island, FL real estate market has seen increase in the number of listings by 10.2%. While the average time on the market in March 2024 was 62 days, the median list price was $469,360.

From Rocket Homes Real Estate and based on county public records data.

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