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© 2026 DockOnly™. All rights reserved.

DockOnly™ and Dock Score™ are trademarks of Blue Mar Real Estate Group Inc.

Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker

Blue Mar Real Estate Group Inc.

Licensed Florida Real Estate Broker · DBPR License CQ1018554

4000 Ponce De Leon Blvd, Suite 470, Coral Gables, FL 33146

[email protected]

Listing data is provided by participating Multiple Listing Services and is deemed reliable but not guaranteed. Each listing's MLS source and its required disclosures appear with that listing. Dock Score™ is a DockOnly.com rating and is not provided by or affiliated with any MLS or listing broker. NOAA chart data is public domain and for reference only, not for navigation. Full MLS Compliance

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540 S Banana River Drive 105 photo 1
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+20

540 S Banana River Drive 105

Merritt Island, FL, 32952

Active

$490,000

540 S Banana River Drive 105

Merritt Island, FL, 32952

Active

$490,000

3

Bedrooms

3

Bathrooms

1,743 sqft

Living Area

2005

Year Built

$490,000Tour the dockSchedule a Showing
Navigation note: Navigation routes show the shortest mapped path to open water. A vessel taller than the binding bridge clearance may still reach open water via a longer alternate route that we don't currently map. Verify navigability with a local captain or surveyor before relying on it.

$912

HOA / Monthly

Days on Market

Dock Score™

DockOnly
55
Fair

What shaped this score

✓Direct Water
✓Dock with boat lift
✓Bridge-free to bay
✓Premium waterfront location

DockOnly.com rating, not provided by the MLS or listing broker.

Dock & Water AccessMLS

Navigable WaterIntracoastal

AI Aerial Imagery Detection

Dock DetectedBoat Lift DetectedSeawall DetectedDeep Water Indicators

Detected by AI from open-source aerial mapping imagery and may not reflect current conditions. This information was not provided by the MLS or listing broker. Always verify dock infrastructure with the listing agent.

Navigation RouteDockOnly

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

Boat slips available to rent by owners in this community. Direct waterfront community on the Banana River with miles of stunning views, breathtaking sunrises, and abundant wildlife. Enjoy watching rocket launches and cruise ships from the comfort of home. This spacious 3BR/3BA unit overlooks the river and community pool/spa. Private bath in master as well as bedroom 3. Open Great Room with triple sliders brings in natural light and river breezes. 10 foot ceilings and 8 foot doors. Primary bedroom features private balcony access with water views. Updates include new appliances and a tankless water heater, and AC is only 3 years old. Private marina with boat slips available (unit does not include slip). Conveniently located near the beach, Kennedy Space Center, Orlando International Airport, shopping, dining, and local attractions. No condo approval or right of first refusal. Two pets allowed (35 lb max). 3-month minimum rental.

Schedule a Showing

See the property and tour the dock. A licensed waterfront specialist will arrange your private showing.

Select a date

Location

Merritt Island, FL, 32952

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of EXP Realty, LLC via Space Coast MLS

Last updated: 7/8/2026

© 2026 Space Coast Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Space Coast Association of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Dock Score™

DockOnly
55
Fair

What shaped this score

✓Direct Water
✓Dock with boat lift
✓Bridge-free to bay
✓Premium waterfront location

DockOnly.com rating, not provided by the MLS or listing broker.

FEMA Flood Zone X
BFE: -9999ft

Minimal Flood Hazard

View FEMA Flood Map →
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Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$98,000 down

%
Principal & Interest$2,543/mo
Property Tax (est. ~1.2%, varies by county)$490/mo
Home Insurance (est.)$250/mo
HOA Fees$912/mo
Total Monthly Payment$4,195
Loan Amount: $392,000Rate: 6.75%
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Estimated payments only. Actual rates and terms may vary.

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