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$550,000
1490 S Banana River Dr, Merritt Island, FL 32952
0 Beds
0 Baths
1,273 sqft

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What a wonderful opportunity to have your own investment property overlooking the Banana River! There are (3) three 1bed/1bath units you can choose from to live in or rent. Enjoy morning sunrises while having coffee in the enclosed patio on the first floor or margaritas on the 2nd floor. Each unit has its own unique layout and charm to offer future renters. 3 separate electric meters, 1 large shared water heater, lower roof 2020, upstairs roof 2016. Central air for unit #3 and wall units for the others. Property is zoned for multiple units and close to shopping, restaurants, bars and only a 5-10 minute drive to the beach. Many rocket launches to be seen as well as boaters, dolphins and manatees. Come see what this property has to offer!
  • Price:
  • $550,000
  • Square Footage:
  • 1,273
  • Acreage:
  • 0.17
  • Year Built:
  • 1957
  • Listing ID #:
  • 910813
  • Street Address:
  • 1490 S Banana River Dr
  • City:
  • Merritt Island
  • State:
  • Florida
  • Postal Code:
  • 32952
  • County:
  • Brevard
  • Community:
  • 254 - Newfound Harbor
  • Subdivision:
  • Banana River Drive Subd
  • Listing Status:
  • Active
  • Listing Type:
  • Income
4
out of 5

Tropical Elementary School
Public
School Grade Level K-6
School Students 800 students
School Teachers 15 student/
teacher
3
out of 5

Thomas Jefferson Middle School
Public
School Grade Level 7-8
School Students 670 students
School Teachers 15 student/
teacher
3
out of 5

Merritt Island High School
Public
School Grade Level 9-12
School Students 1510 students
School Teachers 17 student/
teacher
  • Construction Description:
  • Concrete Block
  • Fireplace:
  • 08 / Multiple Living
  • Flooring:
  • Carpet, Tile
  • Number Of Units:
  • 3
  • Rent Includes:
  • Garbage, Lawn/Land Mntnce, Water
  • Siding:
  • Painted
  • Stories:
  • Two Story
  • Total # Of Buildings:
  • 1 Building
  • Total Building Square Footage:
  • 1273
  • Type Of Roof:
  • Rolled Comp
  • Year Built:
  • 1957
  • Lot Description:
  • East Of Us1, Paved Street
  • Lot Square Footage:
  • 7405.00
  • Financing Options:
  • Cash
  • Price Per Square Foot:
  • 432.05
  • Property Taxes:
  • $3,886
  • Tax Year:
  • 2020
  • Parking Description:
  • 2+ Spaces, Open Parking
  • Appliances:
  • Electric Range, Laundry-Hookup, Refrigerator
  • Cooling System:
  • Central Air, Electric, Wall - Window
  • Utilities:
  • Cable Available, Common Hot Water, Sep Elect Meter(s), Septic
  • Water Amenities:
  • Dock Private, Riparian Rights
  • Waterfront:
  • Yes
  • Waterfront Description:
  • Banana River
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Florida Lifestyle Realty LLC
  • COCOA

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