309 Banyan, Melbourne Beach, FL 32951

$500,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,173 Lot Size (sq. ft.): 12,197 Status: Closed
Current Price: $500,000 List Date: 7/16/2024 Last Modified: 6/11/2026

Overview

Description

Welcome to 309 Banyan Way in the charming coastal town of Melbourne Beach! This delightful 5 bedroom / 3 bathroom home, just one block away from the beach, offers the perfect blend of comfort and investment potential.Featuring concrete construction throughout, this gem is situated in a quaint neighborhood where homes are being revitalized, adding even more value to the area.Imagine starting your mornings with a short stroll to the beach, enjoying the tranquil surroundings and fresh ocean air. Whether you're seeking a beachside retreat or an investment opportunity, 309 Banyan Way has it all. Don't miss your chance to own a piece of paradise in one of Melbourne Beach's most desirable locations. Schedule your private tour today and envision the endless possibilities this home has to offer!

Listing Details MLS# 1019000

General Property Information

Bedrooms Total
5
Bathrooms Total
3
Bathrooms Full
3
Living Area
2173
Living Area Source
Public Records
Accessibility Features YN
No
New Construction YN
No
Year Built
1961
Garage YN
Yes
Garage Spaces
2
Carport YN
No
Lot Size Acres
0.28
Lot Size Square Feet
12197
Association YN
No
CDD Fee YN
No
Community Fee(s) YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Stories
Yes
Direction Faces
West
Senior Community YN
No
Pool Private YN
No
List Price/SqFt
299.13
Sold Price/SqFt
230.1
Bathrooms Half
0

Property Features

Appliances: Convection Oven; Dishwasher; Disposal; Electric Cooktop; Freezer; Microwave; Refrigerator Architectural Style: Traditional Construction Materials: Concrete; Stucco Cooling: Central Air; Electric Current Use: Residential; Single Family Fencing: Back Yard Fireplace Features: Wood Burning Flooring: Carpet; Terrazzo; Tile Heating: Central; Electric Interior Features: Breakfast Nook; Guest Suite; Kitchen Island; Open Floorplan; Primary Bathroom - Shower No Tub Levels: One Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Garage Patio And Porch Features: Side Porch Pool Features: None Possession: Close Of Escrow Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Showing Requirements: Call Listing Agent; Lockbox Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Original List Price
650000
Listing Contract Date
2024-07-09
Property Sub Type
Single Family Residence

Location Tax and Legal

Street Number
309
Street Name
Banyan
County
Brevard
State
FL
Postal Code
32951
MLS Area Major
384-Indialantic/Melbourne Beach
Subdivision Name
Island Shores of Melbourne Beach

Remarks and Miscellaneous

Public Remarks
Welcome to 309 Banyan Way in the charming coastal town of Melbourne Beach! This delightful 5 bedroom / 3 bathroom home, just one block away from the beach, offers the perfect blend of comfort and investment potential.Featuring concrete construction throughout, this gem is situated in a quaint neighborhood where homes are being revitalized, adding even more value to the area.Imagine starting your mornings with a short stroll to the beach, enjoying the tranquil surroundings and fresh ocean air. Whether you're seeking a beachside retreat or an investment opportunity, 309 Banyan Way has it all. Don't miss your chance to own a piece of paradise in one of Melbourne Beach's most desirable locations. Schedule your private tour today and envision the endless possibilities this home has to offer!

Status Change Information

Major Change Timestamp
2024-08-20T15:06:01Z
Major Change Type
Status Change
Status Change Timestamp
2024-08-20
Purchase Contract Date
2024-08-05
Close Date
2024-08-19
Close Price
500000

More Information

Closing Company Details

Closing Company Name
State Title Partners, Jennifer Hodl, JenniferH@statetitlepartners.net;
Closing Company Address
300 W. Fee Avenue, Melbourne

DPR Eligible

DPR Eligible
Yes

Legal Details

Permission Granted to Advertise
No

Location, Tax, and Legal

Tax Account
2847127
Parcel Number
28-38-06-75-00012.0-0005.00
General County Location
South
Elementary School
Gemini
Middle School
Hoover
High School
Melbourne
Tax Annual Amount
1926.05
Tax Year
2023
Tax Legal Description
ISLAND SHORES OF MELBOURNE BEACH LOT 5 BLK 12
Directions
A1A to Magnolia to Banyan Way or Riverside drive to Harland to Poinsettia to Banyan

Appliances

Convection Oven
Yes
Dishwasher
Yes
Disposal
Yes
Electric Cooktop
Yes
Freezer
Yes
Microwave
Yes
Refrigerator
Yes

Architectural Style

Traditional
Yes

Construction Materials

Concrete
Yes
Stucco
Yes

Cooling

Central Air
Yes
Electric
Yes

Current Use

Residential
Yes
Single Family
Yes

Fencing

Back Yard
Yes

Fireplace Features

Wood Burning
Yes

Flooring

Carpet
Yes
Terrazzo
Yes
Tile
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

Breakfast Nook
Yes
Guest Suite
Yes
Kitchen Island
Yes
Open Floorplan
Yes
Primary Bathroom - Shower No Tub
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Other
Yes

Parking Features

Garage
Yes

Patio And Porch Features

Side Porch
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes
Lockbox
Yes

Documents

Listing Office: One Sotheby's International
Last Updated: June - 11 - 2026
Information is deemed to be reliable, but is not guaranteed.
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