When was property at 309 Banyan Way built and last sold?

The property at 309 Banyan Way was built in 1961 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 309 Banyan Way is $767,093.

What are some comparable homes to 309 Banyan Way?

There are currently no comparable homes to 309 Banyan Way.

Melbourne Beach

32951

309 Banyan Way

Map

$749,000

● House - In Contract

309 Banyan Way

Melbourne Beach, FL 32951

4 Beds

4 Baths

2,173 Ft²

$4,363

Est. Monthly

About This Property

Completely reimagined from top to bottom, this beautifully renovated Melbourne Beach residence pairs timeless coastal style with modern finishes in one of the area's most desirable neighborhoods. Just a short walk to the pristine Atlantic shoreline, the home features new flooring, interior doors & hardware, a stunning designer kitchen, and four beautifully updated bathrooms. The chef-inspired kitchen showcases quartz countertops, Quaker soft-close cabinetry, stainless steel appliances, and a clean, contemporary aesthetic. The flexible floor plan offers four spacious bedrooms, including three private en-suites, providing exceptional comfort for family and guests alike. The main living room is highlighted by a dramatic tongue-n-groove vaulted ceiling and custom fireplace wall. Outside, a circular driveway, oversized garage, new irrigation system and dedicated boat / RV parking provide ample room for all your cars and toys. Call today !

Unit Size

2,173 Ft²

Days on Market

Land Size

0.28 acres

Price per sqft

$345

Property Type

House

Property Taxes

$684

HOA Dues

Year Built

1961

Listed By

David Settgast

[email protected]

One Sotheby's International

Payment Calculator

Cap Rate Calculator

Last updated: 20 days ago (Space Coast MLS #1083159)

Price History

Date / Event	Date	Event
Sep 13, 2026	In contract	-
In contract
Jul 22, 2026	Listed by One Sotheby's International	$749,000
Listed by One Sotheby's International
Apr 25, 2025	Sold	Premium
Sold
Oct 25, 2024	Listed by EXP Realty LLC	$775,000
Listed by EXP Realty LLC

	Charming Coastal Retreat on Banyan Way in Melbourne Beach. Welcome to your dream home nestled in the heart of Melbourne Beach! This newly renovated property is just a short stroll from the pristine beaches of the Atlantic. This home offers a perfect blend of modern elegance and coastal charm. It shows like HGTV Remodel - with all new hardware, doors, flooring, kitchen, bathrooms, etc. The kitchen features stainless steel appliances, Shaker Soft close cabinets, Calcutta quartz countertops. The home offers three on suite bedrooms, and one more bedroom and bath for a total of 4 bedrooms and four bathrooms all elegantly remodeled. Possible Mother-in-law suite. Step outside to your private backyard and circular drive with additional space on the side, for a boat or RV since there is no H
Aug 19, 2024	Sold	Premium
Sold
Aug 7, 2024	In contract	-
In contract
Jul 9, 2024	Listed by One Sotheby's International	$650,000
Listed by One Sotheby's International

	Welcome to 309 Banyan Way in the charming coastal town of Melbourne Beach! This delightful 5 bedroom / 3 bathroom home, just one block away from the beach, offers the perfect blend of comfort and investment potential.Featuring concrete construction throughout, this gem is situated in a quaint neighborhood where homes are being revitalized, adding even more value to the area.Imagine starting your mornings with a short stroll to the beach, enjoying the tranquil surroundings and fresh ocean air. Whether you're seeking a beachside retreat or an investment opportunity, 309 Banyan Way has it all. Don't miss your chance to own a piece of paradise in one of Melbourne Beach's most desirable locations. Schedule your private tour today and envision the endless possibilities this home has to offer!

Property Highlights

Garage

Air Conditioning

Fireplace

Parking Details

Has Garage

Attached Garage

Has Open Parking

Parking Features: Attached, Circular Driveway, Garage, RV Access/Parking

Garage Spaces: 2

Interior Details

Full Bathrooms: 4

Interior Features: Ceiling Fan(s), In-Law Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom - Shower No Tub, Primary Downstairs

Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator

Flooring Type: Laminate, Tile

Laundry Features: Electric Dryer Hookup, Washer Hookup

Has Fireplace

Fireplace Features: Electric

Fireplaces: 1

Exterior Details

Square Footage: 2173

Square Footage Source: $0

Property Condition: Updated/Remodeled

Architectural Style: Ranch

Year Built: 1961

Building Area Total: 2868

Levels: One

Construction Materials: Block, Concrete, Stucco

Patio and Porch Features: Covered, Front Porch, Rear Porch, Side Porch

Lot Features: Sprinklers In Front, Sprinklers In Rear, Other

Lot Size Area: 0.28

Lot Size Units: Acres

Lot Size Acres: 0.28

Lot Size Square Feet: 12197

Water Source: Public

Financial Details

Tax Annual Amount: $8,211

Utilities Details

Cooling Type: Central Air, Electric

Heating Type: Central, Electric

Sewer : Public Sewer

Building Info

Overview

General

Year Built: 1961

Effective Year Built: 1991
Building Count: 1
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 10
Building Condition: 0
Building Quality: 7
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: 441
Parking Space Count: 2
Patio Type: 5
Porch Type: 35
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 12,197

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 1,000
Total Building Area: 2,868
Gross Building Area: 2,868
Building Area: 2,173
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,173
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: 0000000280
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: ISLAND SHORES OF MELBOURNE BEACH LOT 5 BLK 12

Neighborhood

School District Name: Brevard County School District

Census Tract: 066101

Zoning

Zoning: 2RS

Geography

Assessors Map Reference: 327

Account Number: 2847127
Parcel: 28-38-06-75-00012.0-0005.00
Block: 12
Lot: 5
Meridian: SEC 06 TWN 28S RNG 38E
Municipality: MELBOURNE BEACH
Latitude: 28.0753
Longitude: -80.5625

Address

Full Address: 309 Banyan Way

Address - House Number: 309
Address - Street Name: Banyan
Address - Suffix Type: Way
State: FL
City Name: Melbourne Beach
Carrier Code: C001
4-Digit Zip Code: 2015
Zip Code: 32951

Valuation

Tax

Total Area: 2,516

Tax Year: 2022
Tax Amount: $186,238
Tax Rate Code Area: 34X0

Appraisal Valuation

Standard Deviation: 0.1809

Valuation Date: Jan 03, 2024
Confidence Score: 76
Final Value: 744,897
High Value: 879,678
Low Value: 610,117

Market Valuation

Market Total Value: $515,680

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $154,600

Exemptions

Homeowner Exemption: Yes

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

Request mortgage information redaction

Comparables

About Melbourne Beach

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$413

Below Asking

0.02%

Average Days on Market

Average Home Size

2532 ft²

Average Home Age

51.2 years

Currently For Sale

26 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

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Rentals Near You

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Listed by: David Settgast, One Sotheby's International
Last Updated: 20 days ago
Data Source: Space Coast MLS, MLS# 1083159

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.