1 month on rocket

5407 Solway Dr, Melbourne Beach, FL, 32951

$829,000

Home List Price

$9,844*

Closing Credit

3 Bedrooms
2 Full Baths
1,998 SqFt
$415/SqFt
House
Schools Nearby

Location

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5407 Solway Dr, Melbourne Beach$829,000

Buyer Closing Credits

$9,844*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
Year Built2002
HeatingCentral
CoolingCentral Air
WaterfrontCanal
FireplaceElectric
ViewCanal
MLS #1006258
Lot Size0.26 Acres
StatusActive

About 5407 Solway Dr

Welcome to your waterfront sanctuary! This meticulously maintained abode offers luxury and convenience in a stunning coastal setting. Enjoy front-row seats to sunsets and marine life from your private dock along the canal. Just a 5-minute walk away, find the beach, community pool, and fishing pier for seaside bliss. Boaters will appreciate deeded space in the boatyard. NEW tile roof and hurricane shutters ensure Florida weather preparedness. Relax on the screened patio overlooking the expansive backyard. Inside, discover soaring ceilings, hardwood floors, and an updated kitchen. The owner's suite features dual walk-in closets and a luxurious bathroom. Modern amenities include HVAC, electric fireplace, and washer/dryer. With a 2-car garage, updated fans, new exterior paint, newer carpet, and hot water heater, every comfort is considered. Schedule your showing today and embrace coastal living!

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Stories: 1
  • Living Area: 1,998 SqFt

Listing Office:

  • Office Name: Align Right Realty Clearwater
  • Office Phone: (727) 286-8789
  • Listing Agent: Alejandro Caballero

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring Type: Carpet, Wood
  • Interior: Ceiling Fan(s), Pantry, Walk-In Closet(s)
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Canal
  • View: Canal
  • Exterior: Boat Slip, Boat Dock

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage

Virtual/3D Tour

  • Virtual Tour: 5407 Solway Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: From 192, go A1A South to Indian Landing, which will be on the right. Enter the gate and bear right on Solway Drive. Home is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $829,000
  • Price Per SqFt: $415/SqFt

HOA Fees:

  • Amount: $441
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,699
  • Tax Year: 2020
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Housing Market Comparison

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

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Melbourne Beach, FL

City

Med. Sold Price

$660K

Med. Price/SqFt

$354

Avg. Days On Market

56

# of Sold Homes

14

5407 Solway Dr vs Melbourne Beach

58 DAYS ON ROCKET

+2 Days

$829,000

+$169K More

$415/SqFt

+$61 More

KEY TAKEAWAY

This property is $169K more than the Median Sold Price and $61/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: #1006258

Listing Office:

  • Office Name: Align Right Realty Clearwater
  • Office Phone: (727) 286-8789
  • Listing Agent: Alejandro Caballero

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, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 06, 2006Home Sold
$475,000
Oct 16, 2002Home Sold
$283,900

Tax History

YEARPROP. TAXASSESSMENT
2020$4,699$356,230
2019$4,693$348,230
2018$4,737$341,740
2017$4,737$332,810

History based on county public records data.

Payment Calculator

$4,646

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,552

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-1022654
10
/10

  • Gemini Elementary School

  • 2100 Oak St

  • 6.10 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1022655
5
/10

  • Herbert C. Hoover Middle School

  • 2000 Hawk Haven Dr

  • 9.59 miles

  • Public District Grades 7-8

High School

school-card-donut-1022656
5
/10

  • Melbourne High School

  • 74 Bulldog Blvd

  • 10.30 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,749. Typical income of Melbourne Beach, FL residents is between $35k-100k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5407 Solway Dr

What is the listing price of this property?

The listing price of 5407 Solway Dr property is $829,000.

What type of property is this?

The property 5407 Solway Dr is a house located in Melbourne Beach, Florida, 32951.

Is this property for sale now?

Active Listing: 5407 Solway Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5407 Solway Dr 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 $4,699 (source: MLS/based on county public records data).

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

The last sale was on February 6, 2006 for $475,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5407 Solway Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5407 Solway Dr is 1,998 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5407 Solway Dr is 2002.

Rocket Homes›Florida›Brevard County›Melbourne Beach›32951›5407 Solway Dr

This home is located at 5407 Solway Dr in Melbourne Beach, FL and zip code 32951 in the Indian Landing neighborhood. This 1,998 square foot home, which was built in 2002, sits on a 0.26 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $829,000.

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 inventory of homes for sale in Melbourne Beach, FL between February 2024 and March 2024 increased by 12.9%. The median list price of listings available in March 2024 was $660,000, while the average time on the real estate market was 56 days.

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

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