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505 Banyan Way, Melbourne Beach, FL 32951
$565,000
505 Banyan Way, Melbourne Beach, FL 32951View this property at 505 Banyan Way, Melbourne Beach, FL 32951
505 Banyan WayMelbourne BeachFL32951
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Property Description
Spectacular 4/3 ranch style home nestled in the heart of Melbourne Beach. This desirable property features open living spaces, large 2 car garage, gigantic fenced in backyard with old growth trees, perfect to create your own tropical landscaped oasis. Within walking distance to the local beach access. Imagine hoping into your golf cart and being minutes away from local amenities. A+ public school district Two year old roof and A/C. Tiled and Terrazzo flooring throughout the home. Ready for your own personal touches to create your paradise lifestyle on this Barrier Island.
Full Property Details
Full Property Details for 505 Banyan Way
General
- Sold For: $565,000
- Taxes: $5,464 (2021)
- Status: Closed
- Type: Single Family
- MLS ID: 940962
- Added to Site: 684 day(s) ago
Interior
- Rooms/Areas: Florida Room, Formal Living Room, Storage
- Interior Features: Laundry in Garage, Living and Dining Room Combination, Open Floor Plan, Pantry
- Appliances: Dishwasher, Disposal, Electric Range, Laundry-Hookup, Refrigerator
- Flooring: Ceramic Tile, Terrazzo
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Fence - Wood, Well - Private
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: 2 Car Attchd Garage
Location
- Area: 384-Indialantic/Melbourne Beach
- County: Brevard
- Subdivision: None
- Driving Directions: Head east on US-192 E/5th Ave toward Riverside Pl S 0.6 miles, Turn right onto Shannon Ave 1.0 mile, Turn right onto Banyan Way 420 ft, Property on the lefthand side.
- Direction Faces: E
- Location Details: Other
Community
- Community Features: Ocean Access, Park, Playground, Tennis Courts
- Pet Restrictions: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
- Water Heater: Electric
Utilities
- Utility Description: Cable Available, City Water Available, Electricity Connected
Structural Information
- Architectural Style: Single Story
- Description/Design: 1 Story
- Split Bedroom Plan: Yes
- Construction: Concrete Poured
- Exterior Const.: Painted, Stucco
- Roof: Shingle - Asphalt
- Square Feet: 1,640
- Living Area: 1,640 Sq. Ft.
- Finished Total: 2,476 Sq. Ft.
- Year Built: 1957
Lot Features
- Property View: Yard
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Lot Description: Other
Financial Considerations
- Price Per Sq. Ft.: $365.85
- Tax Amount: $5,464.01
- Tax Year: 2021
- Terms: Cash
Disclosures and Reports
- Legal Description: ISLAND SHORES OF MELBOURNE BEACH LOT 4 BLK 3
- APN: 28-38-06-75-00003.0-0004.00
Listed by One Sotheby's International
Sold by Creegan Group
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Schools
Schools serving 505 Banyan Way
School District:Brevard Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2100 Oak St, Melbourne Bch, FL 32951 | PK-6 | 1.7 mi | |
2000 Hawk Haven Dr, Indialantic, FL 32903 | 7-8 | 1.8 mi | |
74 Bulldog Blvd, Melbourne, FL 32901 | 9-12 | 3.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Banyan Way
Date
Details
Price
Change
Source
7/12/2023
Sold
$565,000
-5.83%
MLS
4/17/2023
Price Reduced
$599,999
-4%
MLS
2/09/2023
Price Reduced
$625,000
-0.79%
MLS
12/14/2022
Price Reduced
$630,000
-7.35%
MLS
10/13/2022
Price Reduced
$680,000
-8.05%
MLS
9/26/2022
Price Reduced
$739,500
-2.7%
MLS
8/04/2022
Listed
$760,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 Banyan Way, Melbourne Beach, FL 32951 (MLS# 940962) is a Single Family property that was sold at $565,000 on July 12, 2023. Want to learn more about 505 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.