ActiveSingle Family Residence
1295 S Banana River Drive, Merritt Island, FL 32952
Merritt Island, FL 32952 · MLS #1079164The residence
About this property
Experience the pinnacle of coastal luxury at Marina Bay Estates, Merritt Island's exclusive marina-front enclave. Perfectly positioned on a premier homesite, this exceptional new construction model residence offers an unparalleled blend of sophisticated design, resort-style amenities, and breathtaking views of the marina, Banana River, and iconic Space Coast rocket launches. Designed for elevated waterview living, this five-bedroom, five-bath estate with a private den showcases soaring 12-foot ceilings, expansive impact-rated windows and doors, and seamless indoor-outdoor entertaining spaces. Three private balconies capture stunning panoramic vistas, while the resort-inspired pool and outdoor kitchen create the ultimate setting for entertaining or unwinding in style. Inside, every detail reflects refined craftsmanship and luxury living, including a temperature-controlled wine cellar, dual primary suites designed for comfort and privacy, and spacious open-concept living areas curated for modern elegance. For boating and adventure enthusiasts, the property includes a designated boat slip, a two-car garage, and an impressive 45-foot RV/boat garage -- a rare offering for waterfront luxury homes. Located just steps from the renowned Marker 24 Riverfront Grille and only minutes from Cocoa Beach and Cape Canaveral, this extraordinary residence offers effortless access to dining, beaches, boating, and the very best of Florida's coastal lifestyle.
At a glance
Property details
- Property type
- Single Family Residence
- Listing type
- For sale
- Status
- Active
- Bedrooms
- 5
- Bathrooms
- 5
- Living area
- 4,860 sq. ft.
- Year built
- 2026
- Lot size
- 15,246 sq. ft.
- Subdivision
- Banana River Drive Subd
- County
- Brevard
- Original list price
- $2,700,000
- Listing date
- June 5, 2026
- Association fee
- $300 monthly
- Annual property tax
- $1,621 (2025)
- Listing agent
- Vera L Koon
- Listing office
- Waterman Real Estate, Inc.
- MLS number
- 1079164
Neighborhood & location
Explore Banana River Drive Subd
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- Elementary school
- Tropical
- Middle school
- Jefferson
- High school
- Merritt Island
- School district
- Brevard Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $13,653
- Property taxes
- $135
- Homeowners insurance
- $1,350
- HOA
- $300
- Estimated total
- $15,438
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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Listing courtesy of Waterman Real Estate, Inc., 321-215-2100.
Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.