507 Banyan Way, Melbourne Beach, FL 32951
$165,200
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
2,104
Lot Size (sq. ft.):
13,068
Status:
Closed
Current Price:
$165,200
List Date:
10/30/2013
Last Modified:
6/11/2026
Overview
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.
Listing Details MLS# 667179
General Property Information
- Bedrooms Total
- 3
- Bathrooms Total
- 3
- Bathrooms Full
- 3
- Living Area
- 2104
- Living Area Source
- Public Records
- New Construction YN
- No
- Year Built
- 1958
- Garage YN
- Yes
- Garage Spaces
- 2
- Carport YN
- No
- Lot Size Acres
- 0.3
- Lot Size Square Feet
- 13068
- Lot Size Dimensions
- 115 x 113
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Furnished
- Unfurnished
- Direction Faces
- South
- Senior Community YN
- No
- Pool Private YN
- Yes
- List Price/SqFt
- 111.64
- Sold Price/SqFt
- 78.52
- Bathrooms Half
- 0
- Building Area Total
- 0
- Carport Spaces
- 0
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
Contract Information
- Original List Price
- 274900
- 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
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.
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
More Information
Legal Details
- Plat Book #
- 10
- Plat Book Page
- 52
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.
Appliances
- Other
- Yes
Construction Materials
- Block
- Yes
- Concrete
- Yes
- Stucco
- Yes
Cooling
- Central Air
- Yes
Flooring
- Terrazzo
- Yes
- Tile
- Yes
Heating
- Central
- Yes
Interior Features
- Primary Bathroom - Tub with Shower
- Yes
- Primary Downstairs
- Yes
Levels
- One
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Attached
- Yes
Patio And Porch Features
- Deck
- Yes
- Porch
- Yes
- Screened
- Yes
Pool Features
- In Ground
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Tar/Gravel
- Yes
Security Features
- Other
- Yes
Special Listing Conditions
- Real Estate Owned
- Yes
Utilities
- Other
- Yes
View
- Pool
- Yes
Showing Requirements
- Lockbox
- Yes
- Showing Service
- Yes
Contingency Reason
- Waiting for Signatures
- Yes
- Other
- Yes
Listing Office:
Atlantic Real Estate Brokerage
Last Updated: June - 11 - 2026
Information is deemed to be reliable, but is not guaranteed.