When was property at 300 Banyan Way built and last sold?

The property at 300 Banyan Way was built in 1975 and last sold on Sep 27, 2021 for $650,000.

How much is this home worth?

The estimated value of the home located at 300 Banyan Way is $0.

What are some comparable homes to 300 Banyan Way?

There are currently no comparable homes to 300 Banyan Way.

Melbourne Beach

32951

300 Banyan Way

Sold on Jun 21, 2024

Map

$940,000

● House - Off Market

300 Banyan Way

Melbourne Beach, FL 32951

3 Beds

3 Baths, 1 Half Bath

2,129 Ft²

$4,709

Est. Monthly

About This Property

Incredible value. Appraised well over 1M! 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. SOFA district 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. A rated schools. Make your appointment!

Unit Size

2,129 Ft²

Days on Market

139 days

Land Size

0.42 acres

Price per sqft

$450

Property Type

House

Property Taxes

HOA Dues

Year Built

1975

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Space Coast MLS #1003952)

Price History

Date / Event	Date	Event
Jun 21, 2024	Sold	Premium
Sold
May 30, 2024	In contract	-
In contract
Apr 15, 2024	Price Decreased	$959,000 ↓ $30K (3%)
Price Decreased
Feb 3, 2024	Listed by RE/MAX Elite	$989,000
Listed by RE/MAX Elite
Oct 4, 2021	Sold	Premium
Sold
Dec 9, 2004	Sold	Premium
Sold

Property Highlights

Parking Available

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1975

Effective Year Built: 2000
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 4
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 420
Parking Space Count: 2
Patio Type: 69
Porch Type: 126
Pool Type: 8
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 18,295

Lot Size Depth Feet: 1,730
Lot Size Frontage Feet: 1,070
Total Building Area: 3,350
Gross Building Area: 3,350
Building Area: 1,957
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,957
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ISLAND SHORES OF MELBOURNE BEACH
Land Acres: 0000000420
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: ISLAND SHORES OF MELBOURNE BEACH LOT 11 BLK 9

Neighborhood

School District Name: Brevard County School District

Census Tract: 066101

Zoning

Zoning: 2RS

Geography

Assessors Map Reference: 327

Account Number: 2847093
Parcel: 28-38-06-75-00009.0-0011.00
Block: 9
Lot: 11
Meridian: SEC 06 TWN 28S RNG 38E
Municipality: MELBOURNE BEACH
Latitude: 28.0763
Longitude: -80.5631

Address

Full Address: 300 Banyan Way

Address - House Number: 300
Address - Street Name: Banyan
Address - Suffix Type: Way
State: FL
City Name: Melbourne Beach
Carrier Code: C001
4-Digit Zip Code: 2016
Zip Code: 32951

Valuation

Tax

Total Area: 2,445

Tax Year: 2022
Tax Amount: $854,075
Tax Rate Code Area: 34X0

Appraisal Valuation

Standard Deviation: 0.1969

Valuation Date: Jan 31, 2024
Confidence Score: 73
Final Value: 837,599
High Value: 1,002,530
Low Value: 672,669

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $616,560

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $583,990

Sales

Current Sale Contract Date: Sep 27, 2021

Current Sale Recording Date: Oct 04, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2021258821
Previous Sale Recording Date: Oct 04, 2021
Previous Sale Contract Date: Sep 28, 2021
Previous Sale Amount: $650,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Melbourne Beach

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$412

Below Asking

0.01%

Average Days on Market

Average Home Size

2632 ft²

Average Home Age

49.6 years

Currently For Sale

25 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1706 Atlantic Street, Melbourne Beach, FL, 32951

$2,200 /mo

2 Beds
2 Baths
1,575 ft²

1706 Atlantic Street #3B, Melbourne Beach, FL, 32951 Listing by Eric S Van Dam

Unit for rent at 1700 Atlantic Street, Melbourne Beach, FL, 32951

$2,150 /mo

2 Beds
2 Baths
1,120 ft²

1700 Atlantic Street #1, Melbourne Beach, FL, 32951 Listing by Jody V Donnelly

Unit for rent at 210 6th Avenue, Indialantic, FL, 32903

$2,300 /mo

1 Bed
1 Bath
580 ft²

210 6th Avenue #1, Indialantic, FL, 32903 Listing by Scott M Bouchard

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Susan C Thorne, RE/MAX Elite
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1003952

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.