1295 S Banana River Dr
Merritt Island, FL
Experience the pinnacle of coastal luxury at Marina Bay Estates, Merritt Island’s exclusive marina-front enclave. Perfectly positioned on a premier waterfront homesite, this exceptional new construction model residence offers an unparalleled blend of sophisticated design, resort-style amenities, and breathtaking views of the marina, river, and iconic Space Coast rocket launches.
Designed for elevated waterfront 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.
This property is also being offered as a unique lease-back investment opportunity as the community’s featured model home, presenting exceptional potential for income generation and long-term value. Contact the listing agents for complete lease-back terms and investment details.
Living square feet: 4917sf / Total square feet under roof 6117sf. Featuring 21 Home-sites with 5 Distinctive Custom Floor-plan Designs from 2800sf living to 4800+- Living
*(Prices & Plans subject to change)