Mar y Sol Properties

507 Banyan Way, Melbourne Beach, FL 32951 (MLS# 667179)


$165,200
507 Banyan Way
Melbourne Beach, FL 32951
MLS# 667179
Status: Closed
3 beds  |  3 baths


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Property Description
Oh the possibilities! Fantastic beachside community, close to beach, awesome street. This home has sooo much potential. 3 bedroom, could be 4th bedroom or even an in-law suite. Tropical backyard with soon to be sparkling pool. This one is definitely worth checking out. This is a Fannie Mae Homepath property. Purchase this property with as little as 5% down. This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.

Details
Maps
Location, Tax, and Legal
Tax Account: 2847020
Parcel Number: 28380675000030000500
General County Location: South
Elementary School: Gemini
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 3484.87
Tax Year: 2012
Tax Legal Description: LOT 5 BLK 3
Directions: South on A1A from I 92 to west on Banyan.
General Property Information
Bathrooms Half: 0
Living Area: 2104
Living Area Source: Public Records
Building Area Total: 0
Lot Size Acres: 0.3
Lot Size Dimensions: 115 x 113
Lot Size Square Feet: 13068
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Senior Community YN: No
Water Body Access YN: No
Furnished: Unfurnished
Direction Faces: South
Pool Private YN: Yes
List Price/SqFt: 111.64
Sold Price/SqFt: 78.52
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 1958
Remarks and Miscellaneous
Public Remarks: Oh the possibilities! Fantastic beachside community, close to beach, awesome street. This home has sooo much potential. 3 bedroom, could be 4th bedroom or even an in-law suite. Tropical backyard with soon to be sparkling pool. This one is definitely worth checking out. This is a Fannie Mae Homepath property. Purchase this property with as little as 5% down. This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.
Appliances
Other: 1
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Flooring
Terrazzo: 1
Tile: 1
Heating
Central: 1
Interior Features
Primary Bathroom - Tub with Shower: 1
Primary Downstairs: 1
Legal Details
Plat Book #: 10
Plat Book Page: 52
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
Attached: 1
Patio And Porch Features
Deck: 1
Porch: 1
Screened: 1
Pool Features
In Ground: 1
Possession
Close Of Escrow: 1
Roof
Tar/Gravel: 1
Security Features
Other: 1
Special Listing Conditions
Real Estate Owned: 1
Utilities
Other: 1
View
Pool: 1
Showing Requirements
Lockbox: 1
Showing Service: 1
Contingency Reason
Waiting for Signatures: 1
Other: 1
Contract Information
Current Price: $165,200
Original List Price: 274900
Sold Price: $165,200
Status: Closed
Listing Contract Date: 2013-05-03
Property Sub Type: Single Family Residence
Location Tax and Legal
Street Number: 507
Street Name: Banyan
Street Suffix: Way
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 384-Indialantic/Melbourne Beach
Subdivision Name: Island Shores of Melbourne Beach
Status Change Information
Major Change Timestamp: 2023-11-20T08:33:14Z
Major Change Type: Price Reduced
Price Change Timestamp: 2013-11-01T13:34:42Z
Status Change Timestamp: 2014-01-07
Contingency: Active Under Contract
Purchase Contract Date: 2013-12-16
Close Date: 2014-01-03
Close Price: 165200
Property Features
Appliances: Other
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air
Flooring: Terrazzo; Tile
Heating: Central
Interior Features: Primary Bathroom - Tub with Shower; Primary Downstairs
Levels: One
Listing Terms: Cash; Conventional
Parking Features: Attached
Patio And Porch Features: Deck; Porch; Screened
Pool Features: In Ground
Possession: Close Of Escrow
Roof: Tar/Gravel
Security Features: Other
Showing Requirements: Lockbox; Showing Service
Special Listing Conditions: Real Estate Owned
Utilities: Other
View: Pool
Contingency Reason: Waiting for Signatures; Other

Listing Office: Atlantic Real Estate Brokerage

Last Updated: June - 11 - 2026

Information is deemed to be reliable, but is not guaranteed.