2 months on rocket

300 Banyan Way, Melbourne Beach, FL, 32951

$959,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,129 SqFt
$450/SqFt
House
Schools Nearby

Location

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300 Banyan Way, Melbourne Beach$959,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Attached Carport, Circular Driveway, Covered, Garage, Garage Door Opener, Guest
Garage2 spaces
Year Built1975
HeatingCentral, Electric
CoolingCentral Air, Electric
Private PoolYes
MLS #1003952
Lot Size0.42 Acres
StatusActive

About 300 Banyan Way

PRICE REDUCED. Incredible opportunity. 300 Banyan Way,a stunning beachside jewel, built of solid concrete block and featuring an oversized heated pool, has undergone a meticulous full restoration from the slab up. Perfectly positioned on a lushly landscaped .42 acre corner lot. One of the most sought after locations in Melbourne Beach. South of Fifth Ave and just three blocks West of the famous Golden Triangle. Spanning one level of exquisite living space. 3 spacious bedrooms, and a large flex room with adjacent full bath. A total of 3 full baths and one half bath. Every detailed was considered, from full house impact windows and doors, generator, new roof, all new plumbing & drain lines, air ducts, new landscaping, all new interior lighting, inside and outside paint. Effective age of the house is 2022/2023. Extensive use of brick pavers to include additional front parking, & circular driveway w/272 sq.ft carport and garage. Walking distance to public beaches & shops. A rated schools.

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Stories: 1
  • Living Area: 2,129 SqFt

Listing Office:

  • Office Name: RE/MAX Elite
  • Office Phone: (321) 752-5858
  • Listing Agent: Susan C Thorne

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer, Washer/Dryer Stacked
  • Flooring Type: Carpet, Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub, Primary Downstairs, Smart Thermostat, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Courtyard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Additional Parking, Attached Carport, Circular Driveway, Covered, Garage, Garage Door Opener, Guest

Virtual/3D Tour

  • Virtual Tour: 300 Banyan Way

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Many Trees, Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Melbourne High School, Public District Grades 9-12
  • Herbert C. Hoover Middle School, Public District Grades 7-8
  • Gemini Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Highway A1A South of Fifth Ave in Indialantic. Right onto Magnolia. From Magnolia left onto Banyan Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $959,000
  • Price Per SqFt: $450/SqFt

Tax Information:

  • Annual Amount: $3,493
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Melbourne Beach, FL.

Med. Sold Price

$660K

Med. Price/SqFt

$354

Avg. Days On Market

56

# of Sold Homes

14

300 Banyan Way vs Melbourne Beach

67 DAYS ON ROCKET

+11 Days

$959,000

+$299K More

$450/SqFt

+$96 More

KEY TAKEAWAY

This property is $299K more than the Median Sold Price and $96/SqFt more than other homes in Melbourne Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1003952

Listing Office:

  • Office Name: RE/MAX Elite
  • Office Phone: (321) 752-5858
  • Listing Agent: Susan C Thorne

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 7:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 09, 2004Home Sold
$206,500
Dec 09, 2004Home Sold
$206,500

Tax History

YEARPROP. TAXASSESSMENT
2020$3,493$243,920
2019$3,455$238,440
2018$3,409$234,000
2017$3,409$229,190

History based on county public records data.

Payment Calculator

$4,854

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,942

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1559516
10
/10
  • Gemini Elementary School

  • 2100 Oak St

  • 1.61 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1559517
5
/10
  • Herbert C. Hoover Middle School

  • 2000 Hawk Haven Dr

  • 1.89 miles

  • Public District Grades 7-8

High School

school-card-donut-1559518
5
/10
  • Melbourne High School

  • 74 Bulldog Blvd

  • 3.59 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,602. Residents of Melbourne Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 300 Banyan Way

What is the listing price of this property?

The listing price of 300 Banyan Way property is $959,000.

What type of property is this?

The property 300 Banyan Way is a house located in Melbourne Beach, Florida, 32951.

Is this property for sale now?

Active Listing: 300 Banyan Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 300 Banyan Way are:
Gemini Elementary School: GreatSchools Rating 10/10
Herbert C. Hoover Middle School: GreatSchools Rating 5/10
Melbourne High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,493 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 9, 2004 for $206,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 300 Banyan Way has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 300 Banyan Way is 2,129 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 300 Banyan Way is 1975.

Rocket HomesFloridaBrevard CountyMelbourne Beach32951300 Banyan Way

This home is located at 300 Banyan Way in Melbourne Beach, FL and zip code 32951. This 2,129 square foot home, which was built in 1975, sits on a 0.42 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $959,000.

In March 2024, from all listings sold in Melbourne Beach, FL there were more than 2 sold above asking price, over 10 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Melbourne Beach, FL increased by 12.9% between February 2024 and March 2024. Listings spent 56 days on the market in March 2024, and had a median list price of $660,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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