Mar y Sol Properties

507 Banyan Way, Melbourne Beach, FL 32951 (MLS# 733797)


$375,000
507 Banyan Way
Melbourne Beach, FL 32951
MLS# 733797
Status: Closed
4 beds  |  3 baths  |  2691 sqft


Front View of House
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Front View of House Front View Living Room and Patio Area Living Room Area Patio Kitchen Kitchen Kitchen Kitchen Guest Suite Guest Suite Guest Suite Screened Patio Screened Patio Master Bedroom Master bedroom Master Bathroom Additional bedroom Bath 2 Bathroom 2 Bathroom 2 Hallway off of Masterbedroom Backyard Pool Patio Paved Pool Area Bathroom 3 Bathroom 3

Property Description
Located in the heart of Melbourne Beach, walking distance to the beach or the river. This house is charming with a contemporary spin on modern amenities, such as a new chef’s kitchen, updated bathrooms and new windows with high impact glass. The guest suite has its own entrance, bath and ac unit. The living area opens up with bi-fold doors onto the screened patio to expand entertaining options. The property is no wallflower and has stood the test of time with beautiful wood beam and scalloped ceilings, along with terrazzo floors. The Seller loves this property and is sad to part with it and all the money they have spent on the new kitchen, window, doors and much more, but they are relocating due to work.

Details
Maps
Location, Tax, and Legal
Tax Account: 2847020
Parcel Number: 28-38-06-75-00003.0-0005.00
General County Location: South
Elementary School: Gemini
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 3716.53
Tax Year: 2014
Tax Legal Description: LOT 5 BLK 3
Directions: 192 East over causeway to beach. South on A1A to Magnolia. Take right on Magnolia Ave, then right on Banyan Way. House on left.
General Property Information
Bathrooms Half: 0
Living Area: 2187
Living Area Source: Public Records
Building Area Total: 2691
Lot Size Acres: 0.3
Lot Size Dimensions: 113.0 ft x 115.0 ft
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: North
Pool Private YN: Yes
List Price/SqFt: 185.19
Sold Price/SqFt: 171.47
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 1958
Remarks and Miscellaneous
Public Remarks: Located in the heart of Melbourne Beach, walking distance to the beach or the river. This house is charming with a contemporary spin on modern amenities, such as a new chef’s kitchen, updated bathrooms and new windows with high impact glass. The guest suite has its own entrance, bath and ac unit. The living area opens up with bi-fold doors onto the screened patio to expand entertaining options. The property is no wallflower and has stood the test of time with beautiful wood beam and scalloped ceilings, along with terrazzo floors. The Seller loves this property and is sad to part with it and all the money they have spent on the new kitchen, window, doors and much more, but they are relocating due to work.
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Electric Water Heater: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Name: Michelle Denault, Alliance Title Insurance Agency 33-C Suntree Place Melbourne, FL 32940
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Fencing
Fenced: 1
Wood: 1
Flooring
Terrazzo: 1
Heating
Central: 1
Electric: 1
Interior Features
Ceiling Fan(s): 1
Guest Suite: 1
Kitchen Island: 1
Open Floorplan: 1
Split Bedrooms: 1
Vaulted Ceiling(s): 1
Walk-In Closet(s): 1
Laundry Features
In Garage: 1
Legal Details
Plat Book #: 7208
Plat Book Page: 1454
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Few Trees: 1
Sprinklers In Front: 1
Sprinklers In Rear: 1
Parking Features
Attached: 1
Garage Door Opener: 1
Patio And Porch Features
Patio: 1
Porch: 1
Screened: 1
Pets Allowed
Yes: 1
Pool Features
In Ground: 1
Possession
Close Of Escrow: 1
Roof
Membrane: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Water Available: 1
Water Source
Well: 1
Showing Requirements
Appointment Only: 1
Showing Service: 1
Contract Information
Current Price: $375,000
Original List Price: 405000
Sold Price: $375,000
Status: Closed
Listing Contract Date: 2015-08-28
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: 2015-11-06T13:08:33Z
Major Change Type: Status Change
Status Change Timestamp: 2015-11-06
Purchase Contract Date: 2015-09-21
Close Date: 2015-11-05
Close Price: 375000
Property Features
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air; Electric
Fencing: Fenced; Wood
Flooring: Terrazzo
Heating: Central; Electric
Interior Features: Ceiling Fan(s); Guest Suite; Kitchen Island; Open Floorplan; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s)
Laundry Features: In Garage
Levels: One
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Few Trees; Sprinklers In Front; Sprinklers In Rear
Parking Features: Attached; Garage Door Opener
Patio And Porch Features: Patio; Porch; Screened
Pets Allowed: Yes
Pool Features: In Ground
Possession: Close Of Escrow
Roof: Membrane
Sewer: Public Sewer
Showing Requirements: Appointment Only; Showing Service
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Water Available
Water Source: Well

Listing Office: SunCoast Real Estate Group

Last Updated: June - 11 - 2026

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