Address
407 Banyan Way, Melbourne Beach, FL
Price
$ 760,000
Property Attributes
  • MLS#1085880
  • TypeSingle Family
  • Listing Status Active Under Contract
  • CountyBrevard
  • CityMelbourne Beach
  • AreaIndialantic-Melbourne Beach
  • NeighborhoodIsland Shores of Melbourne Beach
  • Zip32951
  • Style
  • Year Built1964
  • Taxes$ 3728
  • Price$ 760,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2565
  • Lot Size0.37 Acres
Data Source:
Space Coast AOR
Property Description

Discover the best of Melbourne Beach living in this spacious 5-bedroom, 4-bathroom home situated on a generous .37-acre lot in a highly desirable area. Minutes from both our beautiful beaches and river!!! The flexible floor plan offers room for everyone, with the 5th bedroom providing an ideal option for an in-law suite, guest quarters, or private home office. Step outside and enjoy your own backyard retreat featuring a sparkling pool surrounded by a paver deck, perfect for entertaining, relaxing, and enjoying the Florida lifestyle. With its desirable location and close proximity to beautiful Melbourne Beach beaches, this home offers the perfect combination of space, flexibility, and coastal convenience. Don't miss this opportunity to make this exceptional Melbourne Beach property your own!'' For peace of mind the home has hurricane shutters and hurricane rated sliding glass windows. This home has a recent 4-point inspection to alleviate any insurance concerns available upon request. Major Improvements: Roof 2018. New AC Ductwork 2020. Main House AC replaced 2022. Water Lines replaced 2024. Main House Water Heater 2026. Pool resurfaced and pavers 2020. Single garage equipped with 220V electrical outlet.

Elementary School Middle School High School
Gemini Elementary School Hoover Middle School Melbourne High School
Price History
8/25/2026 Listed $760,000

General Features

Living Area 2565
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Electric Oven,Electric Water Heater,Microwave
Garage Spaces 3
Architectural Style Ranch
Pool Features In Ground,Salt Water
Construction Materials Block,Stucco
Pets Allowed Cats OK,Dogs OK
Year Built 1964
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Current Use Single Family
Additional Parcels Description 2847085
County Brevard
New Construction false
Property Type Residential
HOA false
Attached Garage true
Contingency Inspection
Subdivision Name Island Shores of Melbourne Beach
Facing Direction North
Garage Y/N true
Full Baths 4
Status Active Under Contract
Directions Take Riverside Dr. south, left onto S. Palm Ave., Right onto Banyan way, house on the right.
High School Melbourne
City Melbourne Beach
Senior Community Y/N false
Zoning Description Single Family
MLS Area 384 - Indialantic/Melbourne Beach
Lot Size Units Acres
Lot Size Square Feet 16117
Carport Y/N false
Elementary School Gemini
Tax Annual Amount 3728.59
Middle/Junior High School Hoover
MLS Area Minor 384 - Indialantic/Melbourne Beach
Standard Status Active Under Contract
Legal Description ISLAND SHORES OF MELBOURNE BEACH LOT 3 BLK 9

Interior Features

Interior Amenities Jack and Jill Bath,Split Bedrooms
Flooring Terrazzo,Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Laundry Features In Garage
Total Bedrooms 5
LivingAreaSource Public Records
Total Baths 4

Exterior Features

Fencing Back Yard,Fenced,Privacy
Parking Features Attached,Garage,Garage Door Opener,Off Street
Lot Features Few Trees,Sprinklers In Front,Sprinklers In Rear
Water Source Public,Well
Lot Size Area 0.37
Building Area Total 3580
Lot Size Acres 0.37
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32951

Price
AVG $1.41M
$760K
Taxes
AVG $9,105
$3,728
Year Built
AVG 1991
1964

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