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$760,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 2,565 Sq. Ft.
  • Updated 2 days ago
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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.

Full Property Details for 407 Banyan Way

General

  • Price: $760,000
  • Taxes: $3,728 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrevardCounty
  • MLS ID: 1085880
  • Updated: 8/25/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Jack and Jill Bath, Split Bedrooms
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Microwave
  • Furnishings: Unfurnished
  • Flooring: Terrazzo, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: In Garage

Additional Information

  • Pool: Yes
  • Pool Description: In Ground, Salt Water

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener, Off Street

Location

  • Area: 384 - Indialantic/Melbourne Beach
  • County: Brevard
  • Subdivision: Island Shores of Melbourne Beach
  • Driving Directions: Take Riverside Dr. south, left onto S. Palm Ave., Right onto Banyan way, house on the right.
  • Direction Faces: North

School Information

  • Elementary School: Gemini
  • Middle School: Hoover
  • High School: Melbourne

Community

  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public, Well
  • Well: Yes
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: Ranch
  • Exterior Const.: Block, Stucco
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 2,565
  • Living Area: 2,565 Sq. Ft.
  • Current Bldg. Use: Single Family
  • Year Built: 1964

Lot Features

  • Lot Size (Acres): 0.37
  • Lot Size (Sq. Ft.): 16,117
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Lot Features: Few Trees, Sprinklers In Front, Sprinklers In Rear
  • Fencing (Description): Back Yard, Fenced, Privacy

Financial Considerations

  • Price Per Sq. Ft.: $296.3
  • Tax Amount: $3,728.59
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 28-38-06-75-00009.0-0003.00

Listed by Watson Realty Corp

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Listing agent

— 407 Banyan Way —

  • Watson Realty Corp

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 407 Banyan Way

School District:Brevard County School District
NameGradesDistance
Gemini Elementary School
2100 Oak Street, Melbourne Beach, FL 32951
K-61.6 mi
Herbert C. Hoover Middle School
2000 Hawk Haven Drive, Indialantic, FL 32903
7-81.8 mi
Melbourne Senior High School
74 Bulldog Boulevard, Melbourne, FL 32901
9-123.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 407 Banyan Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/17/2026
Listed
$760,000
78.82%
MLS
10/19/2004
Sold
$425,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 407 Banyan Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,729
3%
$287,890
3%
2025
$3,620
—
$280,330
3%
2024
$3,619
3%
$272,430
3%
2023
$3,530
-1%
$264,500
6%
2021
$3,558
3%
$249,330
-3%
2022
$3,452
-3%
$256,800
4%
2021
$3,558
2%
$245,890
4%
2018
$3,488
1%
$235,890
2%
2017
$3,441
-2%
$231,040
2%
2016
$3,522
—
$226,320
-6%
2019
$3,513
-2%
$240,370
7%
2015
$3,577
—
$224,750
1%
2014
$3,588
-1%
$222,970
1%
2013
$3,619
—
$219,680
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Watson Realty Corp

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407 Banyan Way, Melbourne Beach, FL 32951 (MLS# 1085880) is a Single Family property with 5 bedrooms and 4 full bathrooms. 407 Banyan Way is currently listed for $760,000 and was received on August 25, 2026. Want to learn more about 407 Banyan Way? Do you have questions about finding other Single Family real estate for sale in Melbourne Beach? You can browse all Melbourne Beach real estate or contact a Coldwell Banker agent to request more information.

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