N Banana River Dr. Homes under $200,000

N Banana River Dr. Homes under $200,000

Welcome to N Banana River Dr., a hidden gem nestled in the heart of Merritt Island, Florida. This charming region offers residents a unique blend of coastal living and suburban tranquility, making it an ideal place for families, retirees, and anyone in between. With the stunning Banana River just a stone's throw away, you can enjoy breathtaking water views and an array of outdoor activities, from fishing and kayaking to leisurely strolls along the shore.

Merritt Island is known for its friendly community atmosphere and excellent schools, making it a perfect choice for families looking to settle down. The area is rich in natural beauty, with lush parks and wildlife refuges nearby, providing ample opportunities for hiking and wildlife observation. Plus, with easy access to the Kennedy Space Center and Cocoa Beach, adventure and exploration are always within reach.

For those seeking affordable housing options, N Banana River Dr. offers an impressive selection of homes priced under $200,000. These properties provide an excellent opportunity for first-time homebuyers or investors looking to tap into the thriving real estate market. You’ll find cozy single-family homes and charming townhouses, all with the potential to create your dream space. With such an attractive price point, you can enjoy the benefits of living in this beautiful region without breaking the bank.

Discover the charm of N Banana River Dr. today and explore the possibilities of calling Merritt Island home. With its stunning surroundings and affordable housing, it truly is a place where dreams can become reality.

Newest N Banana River Dr. Homes under $200,000

120 Mutiny Lane, Merritt Island
$74,500
1 Beds ⋅ 1 Baths ⋅ 1089200 MLS
Hidden Gem Nestled Perfectly In The Heart Of The Banana River, Cocoa Beach and Port Canaveral. Tucked away nicely in a peaceful, serene living with the amenities of the city and beaches at your doorstep. Coveted first floor unit. A Truly Maintenance Free Living with several full time maintenance men on staff daily in a beautifully cared for community. Resort style pool is heated year round and serviced daily. Matching tile throughout main living areas, super spacious walk in closet, windows galore with beautiful green space and mature tree views, deeded carport. Community gazebo for gatherings, covered playground, barbecue, pickle and basketball court. 5 convenient laundries are secured and equipped with smart washer/ dryers. Boat parking available first come for a low fee. Easy access to Orlando via 528 Beachline. Fishing, dining, shopping, golf, music, bus line. No Rental or AirBnB. Cash Only. Buyer must submit Co-op application, credit check & board approval. Hallways are being remodeled.

120 Mutiny Lane, Merritt Island
200 Bounty Street, Merritt Island
$175,000
3 Beds ⋅ 2 Baths ⋅ 1088509 MLS
TURNKEY LUXURY...Fully Furnished To A High Standard. A much coveted 3 Bed, 2 Bath First Floor End Unit. Bring Your Boat...ONLY 4 MILES TO THE BEACH SURROUNDED BY RIVERS! Near SpaceX, the Port, Beaches, Dining with easy access to Orlando. Primary with walk in closet and private bathroom remodeled with designer quartz tops. The immaculately kept terrazzo is a beautiful light color, runs throughout and is in pristine condition=No Grout Joints To Scrub! Upgraded 6 panel doors and baseboards. Endless windows for natural lighting galore. Deeded carport close to entrance with room for a shed. A Truly Maintenance Free Living in a beautifully kept community with full time maintenance. Monthly fee covers maintaining/replacing co-op issued A/C unit & water heater, water/sewer, trash and property taxes. Cash only, Owner Occupants Only. No Rentals, No Air BnB. Buyer must submit Co-op application, credit check & board approval.

200 Bounty Street, Merritt Island
250 N Banana River Drive, Merritt Island
$149,000
2 Beds ⋅ 1 Baths ⋅ 1088402 MLS
OWNER FINANCING AVAILABLE! Don't miss an opportunity to own a TWO BEDROOM unit on the FIRST FLOOR. Unit features tile throughout and some updates to the kitchen and bathroom. The sliders have a view of the courtyard. It's tenant occupied through 8/31/2027 at $1,500/mo. The tenant is wonderful and pays on time. And the HOA covers the water, sewer, trash, ground and exterior building maintenance. And the 2026 taxes are reduced, making this an investor friendly property. Carport 99 is assigned to this unit. The community offers laundry facilities, onsite management, a heated pool, a tiki hut and access to the canal. Live in a perfect location! You're minutes to Cocoa Beach, Ron Jons, Port Canaveral and restaurants and shops in Merritt Island. Rt 528 is convenient to get to the beaches and to Orlando.

250 N Banana River Drive, Merritt Island
195 Treasure Street, Merritt Island
$115,000
2 Beds ⋅ 1 Baths ⋅ 1086742 MLS
Bring Your Boat! A Secret Gem Only 4 Miles To The Beach In the heart of the Banana River, Cocoa Beach and Port Canaveral. Tucked away nicely in a peaceful area but with the amenities of the city and beaches within your reach. A truly maintenance free living in a beautifully kept community with full time maintenance on staff. A carrying charge covers the repair/replacement of co-op issued A/C unit & water heater, water/sewer, trash and property taxes. Endless windows for natural lighting and green space views. Newer baseboard and 6 panel doors. Large walk in closet. Deeded carport with room for a shed. Resort style pool is heated year round and maintained daily. Community gazebo, playground, barbecue, pickleball, basketball. 5 convenient laundries are secured and equipped with smart washer/ dryers. Boat parking is first come for a fee. Easy access to Orlando, SpaceX via 528 Beachline. Groceries, dining, shopping, fishing, bus line. Cash only. Owner occupants only, noccupants only, no

195 Treasure Street, Merritt Island
195 Treasure Street, Merritt Island
$169,999
3 Beds ⋅ 2 Baths ⋅ 1086685 MLS
Resort style living under 200k with this 3 bedroom 2 bathroom co-op. Block unit is a rare one, first floor end unit. Pool views out of every window. Newly tiled floors, large walk in closet/ unit comes with its assigned carport & newer shed for all your beach items. Beach is five miles away. Full time management & maintenance crew make this property a top notch retirement, starter, or vacation home. The carrying fee of $690 per month covers water, sewer, property taxes, insurance, & exterior work on building including A/C. Hugh beautiful heated renovated pool area to enjoy. Electricity, internet, & cable are owner responsibility. Buyer must submit to a co-op application, credit check, & board application. May only be used as a primary home or secondary residence. CANNOT BE RENTED OR USED AS AN AIRBNB. CASH ONLY Private Remarks: This is a CASH ONLY listing, no investors. No rentals only a primary & secondary home. For more information about CO-OP visit michafl.org easy to show

195 Treasure Street, Merritt Island
225 Buccaneer Avenue, Merritt Island
$74,900
1 Beds ⋅ 1 Baths ⋅ 1085031 MLS
Great opportunity to live in the heart of Merritt Island for an affordable price! This FIRST FLOOR unit is light and bright with a triple bank of windows pouring into the spacious living area! White kitchen with newer lower cabinets! Laminate flooring throughout the living area. Bedroom has terrazo floors plus a huge walk-in closet! Full bathroom with a tub/shower combo. Covered carport plus you can add a storage shed! Boat parking is limited and there's a fee. Sparkling community pool and gazebo area! Laundry on site. Close to shopping and a quick ride to the beach! Cash only and buyer must submit a co-op application, credit check and board approval. No rentals or Air BNBs are allowed.

225 Buccaneer Avenue, Merritt Island
100 Mutiny Lane, Merritt Island
$80,000
1 Beds ⋅ 1 Baths ⋅ 1083155 MLS
Only 4 miles (6 minutes) to the beach at this LOW price? Highly Sought After FIRST FLOOR End Unit. A truly maintenance free living in a beautifully kept Banana River community. Carrying charge covers the repair/replacement of co-op issued A/C unit & water heater., water/sewer, trash and property taxes also included. Endless windows for natural lighting and green space views. Brand new quality carpeting and vinyl plank throughout. Walk in closet is oversized. Deeded covered carport. Resort style heated pool runs year round. Gazebo with barbecue, secured laundry rooms, pickleball, basketball, playground, bike parking. Bring Your Boat!! Boat parking is first come for a fee. Easy access to Space Center, Indian River, Port Canaveral, Fishing, Dining. Cash only. Owner occupants only, no rentals allowed. No AirBnB. Buyer must submit Co-op application, credit check & board approval.

100 Mutiny Lane, Merritt Island
165 Treasure Street, Merritt Island
$184,900
3 Beds ⋅ 2 Baths ⋅ 1074928 MLS
Island Living Just 5 Minutes To The Beach. A much sought after First Floor 3 bed/2 bath End Unit. Nestled perfectly between Cocoa Beach, the Indian River and Port Canaveral. Open floorplan renovation with updated drywall, ceilings, A/C ductwork and air handler, electric, stainless steel appliances. Professionally installed custom walk in shower. Primary bedroom has oversized walk in closet and private updated bath. Tile throughout main living area with wood floors in the bedrooms. Windows throughout for natural lighting with lush green grass views. Secured laundry right next door. Heated Pool year round, Basketball/Pickle ball, Playgound, Sidewalks, Deeded Carport with a Shed. Beautifully maintained community with full-time on-site maintenance. A monthly carrying fee covers water, sewer, trash, property taxes, insurance, maintenance, etc. Boat parking is first come for a fee. Easy access to Orlando, Space Center, Indian River, Port Canaveral, CASH ONLY, NO AIRBNB, NO RENT

165 Treasure Street, Merritt Island
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