Mar y Sol Properties

407 Banyan Way, Melbourne Beach, FL 32951 (MLS# 1085880)


$760,000
407 Banyan Way
Melbourne Beach, FL 32951
MLS# 1085880
5 beds  |  4 baths  |  3580 sqft


Welcome to the neighborhood!!
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Welcome to the neighborhood!! 2_407 banyan way_02 3_407 banyan way_03 4_407 banyan way_04 5_407 banyan way_05 6_407 banyan way_06 Living Room Living Room Dining Room 10_407 banyan way_10 11_407 banyan way_11 12_407 banyan way_12 13_407 banyan way_13 Dinette Guest Bedroom 1 Main Bedroom Ensuite Bath Walk in shower Bedroom 2 attached to Bedroom 3 via Jack n Jill bathroom Bedroom 3 Jack n Jill Bathroom 22_407 banyan way_22 Jack n Jill Bathroom Bathroom 3 Bedroom 4/ Flex room 26_407 banyan way_26 Bathroom 4 Bathroom 4 Bedroom 5 Bedroom 5 31_407 banyan way_31 32_407 banyan way_32 33_407 banyan way_33 34_407 banyan way_34 35_407 banyan way_35 36_407 banyan way_36 37_407 banyan way_37 38_407 banyan way_38 39_407 banyan way_39 40_407 banyan way_40 41_407 banyan way_41 42_407 banyan way_42 43_407 banyan way_43 44_407 banyan way_44 45_407 banyan way_45 Floor Plan illuminated pool illuminated pool illuminated pool 1_p_1735936 33_p_1735906

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.

Details
Maps
Currently Not Used
Homestead YN: Yes
Location, Tax, and Legal
Tax Account: 2847085
Parcel Number: 28-38-06-75-00009.0-0003.00
General County Location: South
Elementary School: Gemini
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 3728.59
Tax Year: 2025
Tax Legal Description: ISLAND SHORES OF MELBOURNE BEACH LOT 3 BLK 9
Zoning Description: Single Family
Flood Zone: X
Directions: Take Riverside Dr. south, left onto S. Palm Ave., Right onto Banyan way, house on the right.
General Property Information
Accessory Dwelling Unit Y/N: No
Bathrooms Half: 0
Living Area: 2565
Living Area Source: Public Records
Building Area Total: 3580
Lot Size Acres: 0.37
Lot Size Square Feet: 16117
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Waterfront YN: No
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 1
Direction Faces: North
Pool Private YN: Yes
List Price/SqFt: 296.3
Bedrooms Total: 5
Bathrooms Total: 4
Bathrooms Full: 4
Year Built: 1964
Remarks and Miscellaneous
Public Remarks: 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.
Appliances
Dishwasher: 1
Electric Oven: 1
Electric Water Heater: 1
Microwave: 1
Architectural Style
Ranch: 1
Construction Materials
Block: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Single Family: 1
Fencing
Back Yard: 1
Fenced: 1
Privacy: 1
Flooring
Terrazzo: 1
Tile: 1
Heating
Central: 1
Interior Features
Jack and Jill Bath: 1
Split Bedrooms: 1
Laundry Features
In Garage: 1
Legal Details
Permission Granted to Advertise: Yes
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: 1
Garage Door Opener: 1
Off Street: 1
Pets Allowed
Cats OK: 1
Dogs OK: 1
Pool Features
In Ground: 1
Salt Water: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Well: 1
Showing Requirements
Showing Service: 1
Contract Information
Current Price: $760,000
Original List Price: 760000
List Price: $760,000
Status: Active
Listing Contract Date: 2026-08-25
Property Sub Type: Single Family Residence
Location Tax and Legal
Street Number: 407
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: 2026-08-25T14:00:50Z
Major Change Type: New Listing
Status Change Timestamp: 2026-08-25
Property Features
Appliances: Dishwasher; Electric Oven; Electric Water Heater; Microwave
Architectural Style: Ranch
Construction Materials: Block; Stucco
Cooling: Central Air
Current Use: Single Family
Fencing: Back Yard; Fenced; Privacy
Flooring: Terrazzo; Tile
Heating: Central
Interior Features: Jack and Jill Bath; Split Bedrooms
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; Garage Door Opener; Off Street
Pets Allowed: Cats OK; Dogs OK
Pool Features: In Ground; Salt Water
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Shingle
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Utilities: Electricity Connected; Sewer Connected; Water Connected
Water Source: Public; Well
Supplements
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.

Listing Office: Watson Realty Corp

Last Updated: August - 25 - 2026

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