For saleLeased lot
$132,500
1 bed780 sq ft
Banana RiverRiverShared waterfront site
200 S Banana River Drive #H16Merritt Island, FL 32952
Manufactured home · MLS 11985417
Listing courtesy of COZIE HOMES INC · MyStateMLS
For saleLeased lot
$148,900
2 beds864 sq ft
200 S Banana River Drive #B9Merritt Island, FL 32952
Manufactured and mobile homes · MLS 11971823 · Listed 50 days ago (Sep 9, 2026)
Banana River · River · Shared waterfront site · Waterfront details
For sale: Listed and available according to the MyStateMLS feed.
About this property
Enjoy the relaxed Florida lifestyle in this beautifully updated home located in River Palms 55+ Community in Merritt Island, Florida. Set within a waterfront retirement community, this home offers more than a comfortable place to live-it provides the opportunity to embrace a lifestyle centered around the water, sunshine, outdoor living, and a welcoming community atmosphere. Inside, you'll find a bright, fresh, and inviting interior with modern finishes throughout. The spacious living area provides plenty of room for relaxing or entertaining, while the contemporary kitchen features stainless steel appliances, abundant cabinetry, generous counter space, and attractive finishes. Neutral colors and stylish flooring create a clean, coastal-inspired feel that complements the home's Florida setting. The comfortable bedroom offers a peaceful retreat, while the well-appointed bathrooms feature updated fixtures and finishes. Outside, the large covered outdoor living area provides an ideal spot for morning coffee, visiting with friends, enjoying the Florida breeze, or simply relaxing and taking advantage of the beautiful weather. What truly sets this home apart is the lifestyle you'll find at River Palms. This waterfront 55+ community offers the chance to slow down and enjoy retirement surrounded by the natural beauty of Florida's Space Coast. Spend your days near the water, enjoy beautiful sunsets, connect with neighbors, and experience the laid-back atmosphere that makes waterfront retirement living so appealing. Whether you're searching for a full-time Florida residence or your ideal retirement destination, this home at River Palms 55+ Community brings together modern comfort, outdoor living, waterfront surroundings, and the Florida retirement lifestyle you've been looking for. Come discover life at River Palms-where retirement and waterfront living come together. AI Staging Disclaimer: All photos shown are of the actual home. Some images have been virtually staged using AI to add furniture and décor; the home's actual layout and structural features have not been altered. Original, unstaged photos are available upon request.
Description provided by the listing brokerage.
MLS-reported waterfront
Waterfront details
The home is part of a condominium, cooperative or community whose shared site is reported as waterfront. Shoreline and docks are typically common or community property, not owned by the individual unit.
- Relationship to the water
- Shared waterfront site
- Water type
- River
- Water body
- Banana RiverListing names this water body (matched to our registry)
- Frontage length
- Not provided. Ask the listing agent.
- Water access arrangement
- Not provided. Ask the listing agent.
- Docks, slips, lifts, moorings
- Not provided. Ask the listing agent.
- Dock depth
- "6'" as reported
- Shoreline
- Not provided. Ask the listing agent.
- Seasonal or tidal conditions
- Not provided. Ask the listing agent.
- Boating limits (bridges, depth, open-water access)
- Not provided. Ask the listing agent.
A reported dock does not establish private, transferable or boat-specific rights. The source gives no measurement location, date or datum for the depth, so it cannot be compared with a boat’s draft.
Why this is listed as waterfront
WaterfrontYN“Yes”: The listing is marked waterfront.WaterfrontFeatures“River Front”: Includes a "… Front" value describing frontage.PropertyTypeDetail“mob-man”: Property form used to read the frontage relationship.LandLeaseYN“Yes”: The home is on a leased lot in a community; the land is not part of the sale.
Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront
Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Teresa Schenk of COZIE HOMES INC.
Facts
- List price
- $148,900
- Status
- For sale
- Property type
- Manufactured home
- Bedrooms
- 2
- Full baths
- 2
- Interior area
- 864 sq ft
- Year built
- 2024
- County
- Brevard County
- MLS number
- 11971823
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.
Manufactured home details
- Year manufactured
- 2024
- Land
- Leased lot (land not included)
- Land lease amount
- $765 (period not specified by the source)
Lot rent is separate from any HOA fee and is set by the community. Ask the listing agent for the current lease terms and what the rent includes.
Features
Interior
- Master Downstairs
Appliances
- Stainless Steel Appliance(s)
- Range
- Microwave
- Refrigerator
- Dishwasher
Heating
- Other
Parking
- Carport
- Driveway
Construction
- Vinyl Siding
Roof
- Asphalt
Water
- Public (Water Source)
Sewer
- Other
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Merritt Island.
Price and status history
Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.
Estimate a monthly payment
$29,780
Illustrative. Replace with a quote from your lender.
Estimate. Check the county assessor for the actual amount.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.
Estimated monthly payment
$919 per month
Principal and interest$753
Property tax$124
Homeowners insurance$42
Loan amount$119,120
Total interest over the term$151,931
An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.
Similar waterfront listings nearby
Waterfront listings of the same property type and water type in Merritt Island, priced within 25% of this listing ($111,675 to $186,125), newest first. Each one passes the same waterfront rules. See all matches
For saleLeased lot
$169,500
2 beds1,026 sq ft
Banana RiverRiverShared waterfront site
200 S Banana River Drive #E15Merritt Island, FL 32952
Manufactured home · MLS 11950156
Listing courtesy of COZIE HOMES INC · MyStateMLS
For saleLeased lot
$141,500
2 beds960 sq ft
Banana RiverRiverShared waterfront site
200 S Banana River Drive #G18Merritt Island, FL 32952
Manufactured home · MLS 11971888
Listing courtesy of COZIE HOMES INC · MyStateMLS
Questions to ask before you buy
Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.
- Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
- Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
- What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
- How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
- What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
- What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
- How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
- How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
- What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.
Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)
Guides and next steps
Listing courtesy of COZIE HOMES INC. Listing agent: Teresa Schenk. Listings provided by MyStateMLS.
Listing last updated by the brokerage Sep 25, 2026, 12:47 PM UTC. Waterfront Homes last received MyStateMLS data Oct 29, 2026, 9:01 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.