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299 N Banana River Drive, Merritt Island, FL 32952

$79,999.00

About Property

Live the good life. Live inexpensively @ the MI co-op beautifully maintained property nestled in several acres off N. Banana Rvr Dr. This highly desired bottom floor end unit is close to everything, your covered parking place, & laundry room. With plenty of natural light from the large windows, which overlook a very private backyard,. Full walk in shower & a sharp looking IKEA kitchen adds to the value. Full time manager & maintenance crew keep the property running smoothly. The community provides 1 of the most affordable retirement or vacation homes on the barrier islands. 5 min. to Cocoa Beach & Ron Jon's. The carrying fee of $500 or less covers water, sewer, property taxes, insurance & exterior maintenance & yr. round heated pool. Electricity, cable, & wi-fi are owner responsibility. Buyer must submit to a co-op application, credit check, & board approval. May only be used as primary or secondary residence. CANNOT BE RENTED OR USED AS AN AIRBNB. CASH ONLY

Essential Property Information
  • Year Built: 1964
  • Price: $79,999
  • Property Type: Residential
  • Area: 550 sqft.
  • Country: USA
  • City: Merritt Island
  • Bedrooms: 1
  • Bathrooms: 1.00

Additional Property Info

  • Assoc/HOA Contact: Merritt Island Cooperative Housing Association
  • Association Fee Included: Maintenance Grounds, Other, Pest Control, Sewer, Trash and Water
  • Community Fees: No
  • Construction: Block and Concrete
  • Cooling: Central Air
  • Equipment/Appliances: Electric Range, Electric Water Heater and Refrigerator
  • Floor: Tile and Vinyl
  • Furnished: Unfurnished
  • Heat: Central
  • Interior Features: Primary Bathroom - Tub with Shower and Walk-In Closet(s)
  • List Price/SqFt: $145.45 / sqft
  • Listing ID: 1053375
  • Listing Status: Active
  • Lot Description: Other
  • Lot SqFt: 2,178 sqft
  • Parking: Carport
  • Pool: No
  • Possession: Close Of Escrow
  • Private Pool: No
  • Property Type: Residential
  • Rental Restrictions: No Rentals Allowed
  • Residential Sub-Type: Stock Cooperative
  • Road Surface: Asphalt
  • Roof: Concrete and Tar/Gravel
  • Sold Terms Code: Cash
  • SqFt - Living: 550 sqft
  • State/Province: FL
  • Status: Active
  • Status Change Date: Friday, August 1st, 2025
  • Street Direction: N
  • Street Name: Banana River
  • Street Number: 299
  • Street Suffix: Drive
  • Subdivision: Merritt Island Co-op Apts Inc
  • Tax Year: 2023
  • Taxes: $300.30
  • Unit Number: D1-101
  • Utilities: Cable Available, Electricity Available and Water Available
  • Virtual Tour: Click Here
  • Waterfront: No
  • Year Built: 1964
  • Zip Code: 32952

Property Details

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