507 Banyan Way, Melbourne Beach, FL 32951

$310,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,068 Lot Size (sq. ft.): 13,068 Status: Closed
Current Price: $310,000 List Date: 9/09/2014 Last Modified: 6/11/2026

Overview

Description

This mid century modern home is full of potential with its modern architecture accented with contemporary features. It is in a great location nestled between Melbourne Beach and the inter coastal waterway, close enough to walk to either. This home boasts 4 large bedrooms and 3 baths including an attached studio style in law suite with full kitchen, bath, separate air conditioning system, and indoor entrance as well as a separate outdoor entrance. This could be used as a great master suite. The terrazzo floors and wood beam ceilings are in great condition. There are new stainless steel appliances in the kitchen and sleek bathrooms with modern up to date style.

Listing Details MLS# 691245

General Property Information

Bedrooms Total
4
Bathrooms Total
3
Accessory Dwelling Unit Y/N
Yes
Bathrooms Full
3
Living Area
2104
Living Area Source
Other
Building Area Total
3068
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
113.0 ft x 115.0 ft
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Direction Faces
North
Senior Community YN
No
Pool Private YN
Yes
List Price/SqFt
155.42
Sold Price/SqFt
147.34
Bathrooms Half
0
Carport Spaces
0

Property Features

Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Construction Materials: Block; Concrete; Stucco; Other Cooling: Central Air Fencing: Fenced; Wood Flooring: Terrazzo Heating: Central; Electric Interior Features: Breakfast Bar; Ceiling Fan(s); Guest Suite; His and Hers Closets; Primary Bathroom - Tub with Shower; Vaulted Ceiling(s) Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Parking Features: Attached Patio And Porch Features: Patio; Porch; Screened Pool Features: In Ground Possession: Close Of Escrow Road Surface Type: Asphalt Roof: Shingle Sewer: Septic Tank Showing Requirements: Appointment Only; Call Listing Office Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Water Available View: Pool

Contract Information

Original List Price
349900
Listing Contract Date
2014-03-10
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
This mid century modern home is full of potential with its modern architecture accented with contemporary features. It is in a great location nestled between Melbourne Beach and the inter coastal waterway, close enough to walk to either. This home boasts 4 large bedrooms and 3 baths including an attached studio style in law suite with full kitchen, bath, separate air conditioning system, and indoor entrance as well as a separate outdoor entrance. This could be used as a great master suite. The terrazzo floors and wood beam ceilings are in great condition. There are new stainless steel appliances in the kitchen and sleek bathrooms with modern up to date style.

Status Change Information

Major Change Timestamp
2023-11-10T18:05:06Z
Major Change Type
Price Reduced
Price Change Timestamp
2014-08-12T16:30:21Z
Status Change Timestamp
2014-09-09
Purchase Contract Date
2014-09-05
Close Date
2014-09-08
Close Price
310000

More Information

Accessory Dwelling Information

Dwelling Type
Apartment
ADU Attached Y/N
Yes

Closing Company Details

Closing Company Name
Southeast title professionals 151 Southhall Lane, Suite 230 Maitland FL 32751 407-539-0781

Location, Tax, and Legal

Tax Account
0110
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
3722.36
Tax Year
2013
Tax Legal Description
ISLAND SHORES OF MELBOURNE BEACH LOT 5 BLK 3
Directions
After Rt. 192, heading south on A1A, take a right on Magnolia Ave, then right on Banyan Way. House is on the left.

Appliances

Dishwasher
Yes
Electric Range
Yes
Electric Water Heater
Yes
Microwave
Yes
Refrigerator
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes
Other
Yes

Cooling

Central Air
Yes

Fencing

Fenced
Yes
Wood
Yes

Flooring

Terrazzo
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

Breakfast Bar
Yes
Ceiling Fan(s)
Yes
Guest Suite
Yes
His and Hers Closets
Yes
Primary Bathroom - Tub with Shower
Yes
Vaulted Ceiling(s)
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Parking Features

Attached
Yes

Patio And Porch Features

Patio
Yes
Porch
Yes
Screened
Yes

Pool Features

In Ground
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes

Sewer

Septic Tank
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Water Available
Yes

View

Pool
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Office
Yes

Room Information

Living Room Length: 21.00 Length: 21.00 Width: 13.00 Width: 13.00 Dining Room Length: 13.00 Length: 13.00 Width: 11.00 Width: 11.00 Kitchen Length: 13.00 Length: 13.00 Width: 11.00 Width: 11.00 Primary Bedroom Length: 17.00 Length: 17.00 Width: 11.00 Width: 11.00 Bedroom 2 Length: 14.00 Length: 14.00 Width: 10.00 Width: 10.00 Bedroom 3 Length: 15.00 Length: 15.00 Width: 10.00 Width: 10.00
Listing Office: Weichert REALTORS Hallmark Pro
Last Updated: June - 11 - 2026
Information is deemed to be reliable, but is not guaranteed.