407 Banyan Way Melbourne Beach, FL $ 760,000
407 Banyan Way
$ 760,000
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407 Banyan Way

Melbourne Beach, FL, 32951
$ 760,000
Bedrooms5 Baths4.0 Sq 2,565

Monthly Estimate*

$ 4,799

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Single Family Home for sale in Melbourne Beach, FL

for $760,000 with 5 bedrooms and 4 full baths. This 2,565 square foot home was built in 1964 on a lot size of 0.37.

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.

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Single Family Active

Price

$ 760,000

Bedrooms

5

Full Bath

4

Property Type

Single Family

Taxes

$ 3,728

Style

Lot Size

0.37

Year Built

1964

Town/City

Melbourne Beach

County/Region

Brevard

MLS | Web ID

1085880

Features
General
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
Subdivision Name Island Shores of Melbourne Beach
Facing Direction North
Garage Y/N true
Total Rooms 0
Full Baths 4
Status Active
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
Legal Description ISLAND SHORES OF MELBOURNE BEACH LOT 3 BLK 9
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Interior
Interior Amenities Jack and Jill Bath Split Bedrooms
Flooring Terrazzo Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features In Garage
Total Bedrooms 5
Total Baths 4
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Exterior
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
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* Excluded Features
List By
Watson Realty Corp

Broker

stevef@watsonrealtycorp.com

Email

Affordability Calculator

$5,109
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,799
Monthly Property Taxes
$311
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1363012 Elementary School
4810970 Middle School
Melbourne High School High School
Pricing History
DatePricePrice ChangeDescription
8/25/2026$760,000 Listed Price

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407 Banyan Way, Melbourne Beach, FL, 32951 is a Single Family Home for sale at $760,000 with 2,565 sqft and a lot size of 0.37. 407 Banyan Way has 5 bedrooms, 4.0 baths, and was built in 1964. The property's zip code is 32951 which is in Melbourne Beach, FL