$530,000
Merritt Island, FL 32952
MLS# 874785
Status: Closed
6 beds | 3 baths | 6718 sqft
1 / 4
Property Description
Attention Investors! 100 feet of Prime Banana River location. Current 3 story, 5,000+ square foot home is ready for a complete restoration to take advantage of the amazing water views. Home has been subdivided into 4 units that were previously used for rental income. Bring your imagination to this property that are in need of a face-lift!
Details
Maps
Location, Tax, and Legal
Tax Account: 2514559
Parcel Number: 25-37-06-Cx-00000.0-0011.01
General County Location: Central
Elementary School: Tropical
Middle School: Jefferson
High School: Merritt Island
Tax Year: 2019
Tax Legal Description: BANANA RIVER DRIVE SUBD N 1/2 OF LOT 11 E OF CANAL
Directions: From SR 520, turn South on S Banana River Dr. Property is 1.4 miles down on the left.
General Property Information
Accessory Dwelling Unit Y/N: Yes
Bathrooms Half: 0
Living Area: 5502
Living Area Source: Public Records
Building Area Total: 6718
Association YN: No
New Construction YN: No
Association Name: BANANA RIVER DRIVE SUBD
Garage YN: Yes
Property Use: 08 / MULTIPLE LIVING UNITS - 5 TO 9 UNITS (NOT
Garage Spaces: 1
Carport YN: No
Carport Spaces: 0
Waterfront YN: Yes
Water Body Name: Banana River
Land Site Description: RIVER FRONT
Senior Community YN: No
Water Body Access YN: No
Furnished: Unfurnished
Direction Faces: East
Pool Private YN: No
List Price/SqFt: 76.34
Sold Price/SqFt: 96.33
Bedrooms Total: 6
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 1955
Remarks and Miscellaneous
Public Remarks: Attention Investors! 100 feet of Prime Banana River location. Current 3 story, 5,000+ square foot home is ready for a complete restoration to take advantage of the amazing water views. Home has been subdivided into 4 units that were previously used for rental income. Bring your imagination to this property that are in need of a face-lift!
Accessory Dwelling Information
Dwelling Type: Apartment
ADU Attached Y/N: Yes
Appliances
Electric Range: 1
Electric Water Heater: 1
Refrigerator: 1
Cooling
Central Air: 1
Electric: 1
Flooring
Carpet: 1
Laminate: 1
Tile: 1
Heating
Central: 1
Electric: 1
Interior Features
Breakfast Bar: 1
Ceiling Fan(s): 1
Guest Suite: 1
Open Floorplan: 1
Split Bedrooms: 1
Levels
Multi/Split: 1
Three Or More: 1
Listing Terms
Cash: 1
Parking Features
Additional Parking: 1
Attached: 1
Garage: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Road Surface Type
Asphalt: 1
Roof
Membrane: 1
Shingle: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Water Available: 1
View
River: 1
Water: 1
Waterfront Features
Canal Front: 1
River Front: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Call Listing Office: 1
Listing Agent Must Accompany: 1
Property Condition
Fixer: 1
Room Types
Florida Room: 1
Contract Information
Current Price: $530,000
Original List Price: 420000
Sold Price: $530,000
Status: Closed
Listing Contract Date: 2020-05-05
Property Sub Type: Single Family Residence
Location Tax and Legal
Street Number: 1150
Street Direction Prefix: S
Street Name: Banana River
Street Suffix: Drive
Street Direction Suffix: S
County: Brevard
State: FL
Postal Code: 32952
MLS Area Major: 254 - Newfound Harbor
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2021-01-30T00:49:39Z
Major Change Type: Status Change
Status Change Timestamp: 2021-01-29
Purchase Contract Date: 2020-10-12
Close Date: 2021-01-29
Close Price: 530000
Property Features
Appliances: Electric Range; Electric Water Heater; Refrigerator
Cooling: Central Air; Electric
Flooring: Carpet; Laminate; Tile
Heating: Central; Electric
Interior Features: Breakfast Bar; Ceiling Fan(s); Guest Suite; Open Floorplan; Split Bedrooms
Levels: Multi/Split; Three Or More
Listing Terms: Cash
Parking Features: Additional Parking; Attached; Garage
Pool Features: None
Possession: Close Of Escrow
Property Condition: Fixer
Road Surface Type: Asphalt
Roof: Membrane; Shingle
Sewer: Septic Tank
Showing Requirements: Appointment Only; Call Listing Agent; Call Listing Office; Listing Agent Must Accompany
Special Listing Conditions: Standard
Utilities: Cable Available; Water Available
View: River; Water
Waterfront Features: Canal Front; River Front
Room Types: Florida Room
Listing Office: Pastermack Real Estate
Last Updated: June - 22 - 2026
Information is deemed to be reliable, but is not guaranteed.