Skip main navigation
For sale
  • $749,000

    309 Banyan Way, Melbourne Beach, FL 32951

    4beds
    2,173sqft
    : 
    $4,819/mo
    Get pre-qualified
    Single Family Residence
    Built in 1961
    0.28 Acres Lot
    $727,900 Zestimate®
    $345/sqft
    $-- HOA

    What's special

    Custom fireplace wallModern finishesTimeless coastal styleThree private en-suitesFour spacious bedroomsFour beautifully updated bathroomsQuartz countertops
    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 !
    3 days
    |
    936
    |
    59
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    David Settgast 321-543-1187,

    One Sotheby's International

    Source: Space Coast AOR,MLS#: 1083159

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Ceiling Fan(s), In-Law Floorplan, Primary Bathroom - Shower No Tub, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Laminate, Tile
      • Number of fireplaces: 1
      • Fireplace features: Electric
      Interior area
      • Total structure area: 2,868
      • Total interior livable area: 2,173 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Circular Driveway, Garage, RV Access/Parking
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Front Porch, Rear Porch, Side Porch
      • Fencing: Back Yard,Fenced,Privacy,Wood
      Lot
      • Size: 0.28 Acres
      • Features: Sprinklers In Front, Sprinklers In Rear, Other
      Details
      • Additional parcels included: 2847127
      • Parcel number: 2838067500012.00005.00
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete, Stucco
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Island Shores of Melbourne Beach
      HOA
      • Has HOA: No
      Location
      • Region: Melbourne Beach

      Financial & listing details

      • Price per square foot: $345/sqft
      • Tax assessed value: $538,080
      • Annual tax amount: $8,211
      • Date on market: 7/23/2026
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Asphalt

        Estimated market value

        $727,900

        $662,000 - $801,000

        $4,467/mo

        Price history

        DateEventPrice
        7/23/2026Listed for sale$749,000-0.1%$345/sqft
        Source: Space Coast AOR #1083159 Report a problem
        4/25/2025Sold$750,000-3.2%$345/sqft
        Source: BeachesMLS #R11031553 Report a problem
        3/31/2025Pending sale$775,000$357/sqft
        Source: Realtor Association of Indian River County #282346 Report a problem
        3/11/2025Price change$775,000-0.6%$357/sqft
        Source: BeachesMLS #RX-11031553 Report a problem
        1/20/2025Price change$780,000-1.3%$359/sqft
        Source: BeachesMLS #RX-11031553 Report a problem
        12/20/2024Price change$790,000-0.6%$364/sqft
        Source: BeachesMLS #RX-11031553 Report a problem
        11/19/2024Price change$795,000-0.5%$366/sqft
        Source: BeachesMLS #RX-11031553 Report a problem
        10/25/2024Listed for sale$799,000+59.8%$368/sqft
        Source: BeachesMLS #RX-11031553 Report a problem
        8/21/2024Sold$500,000-23.1%$230/sqft
        Source: Public Record Report a problem
        8/7/2024Pending sale$650,000$299/sqft
        Source: Space Coast AOR #1019000 Report a problem
        7/16/2024Listed for sale$650,000$299/sqft
        Source: Space Coast AOR #1019000 Report a problem
        7/9/2024Pending sale$650,000$299/sqft
        Source: Space Coast AOR #1019000 Report a problem
        7/9/2024Listed for sale$650,000$299/sqft
        Source: Space Coast AOR #1019000 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,211 +314%$538,080 +228.1%
        2024$1,983 +3%$164,000 +3%
        2023$1,926 +3.4%$159,230 +3%
        2022$1,862 -2.3%$154,600 +3%
        2021$1,906 +1.1%$150,100 +1.4%
        2020$1,885 +0.8%$148,030 +2.3%
        2019$1,871 $144,710 +1.9%
        2018$1,871 +1%$142,020 +2.1%
        2017$1,853 +1.6%$139,100 -7.3%
        2016$1,824 -1.8%$150,000 +10.9%
        2015$1,858 -1.6%$135,300 +0.8%
        2014$1,889 $134,230 -29%
        2013-- $188,940 +9%
        2012$1,846 +5.6%$173,390 -0.9%
        2011$1,747 +11.2%$174,960 -12.3%
        2010$1,571 +10.1%$199,450 -11%
        2009$1,426 +5%$224,150 -14.7%
        2008$1,359 -8.8%$262,700 -13.9%
        2007$1,490 +0.9%$305,000 -2.9%
        2005$1,476 -2.8%$314,070 +54.2%
        2004$1,519 -3.7%$203,710 +33.7%
        2003$1,577 +3%$152,310 +13.6%
        2002$1,530 +2.2%$134,030 +9.1%
        2001$1,498 +4.5%$122,850 +23.7%
        2000$1,432 $99,350
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32951

        Getting around

        28 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gemini
        • Middle: Hoover
        • High: Melbourne

        Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes