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Sold for $2,110,000
  • $2,110,000

    5217 Solway Dr, Melbourne Beach, FL 32951

    4beds
    4,486sqft
    Single Family Residence
    Built in 2005
    0.44 Acres Lot
    $2,236,400 Zestimate®
    $470/sqft
    $7,491 Estimated rent

    Home value

    $2,236,400

    $2.06M - $2.44M

    $7,491/mo

    Zestimate® history
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    What's special

    NEW ROOF BEING INSTALLED Situated in one of Melbourne Beach's most breathtaking riverfront locations. Offering 172 feet of shoreline, it provides sweeping views across the river to a serene nature reserve enveloped in trees. The home boasts a dramatic living room that seamlessly flows out to a spacious pool/spa area with a covered patio and summer kitchen—an ideal setup for outdoor entertaining. The kitchen features an island, ample cabinetry, granite countertops, and a wine cooler. Additionally, all bedrooms on the second level have access to covered balconies. On the first level, there is one bedroom as well as a generously sized office. Outside, the property features two docks and a boat lift, along with deeded beach access. Every room enjoys a million-dollar view of the river, making this residence a true gem

    Zillow last checked:

    Listing updated:

    Listed by:

    DeWayne Carpenter 321-214-8400,

    Compass Florida, LLC

    Bought with:

    DeWayne Carpenter, 644362

    Compass Florida, LLC

    Source: Space Coast AOR,MLS#: 1005573

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Electric, Propane
    Cooling
    • Central Air, Electric, Multi Units
    Appliances
    • Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Lower Level
    Features
    • Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, Kitchen Island, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
    • Flooring: Tile, Wood
    • Has fireplace: Yes
    • Fireplace features: Other
    Interior area
    • Total interior livable area: 4,486 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Porch, Terrace
    • Exterior features: Balcony, Boat Slip, Outdoor Kitchen, Boat Lift, Storm Shutters
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Pool, River, Water
    • Has water view: Yes
    • Water view: River,Water
    • Waterfront features: Ocean Access, River Access, River Front, Deeded Beach Access, Intracoastal, No Fixed Bridges
    • Body of water: Indian River
    Lot
    • Size: 0.44 Acres
    • Features: Corner Lot, Cul-De-Sac
    Details
    • Additional parcels included: 2961996
    • Parcel number: 293810840000i.00040.00
    • Zoning description: Single Family
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Stucco
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public, Other
    • Utilities for property: Electricity Connected, Water Connected, Propane

    Community & HOA

    Community
    • Security: Security Gate
    • Subdivision: Indian Landing Riverside
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Access, Gated, Maintenance Grounds, Management - Off Site, Pool, Tennis Court(s), Water
    • Services included: Maintenance Grounds
    • HOA fee: $387 monthly
    • HOA name: Vesta Property Managment
    Location
    • Region: Melbourne Beach

    Financial & listing details

    • Price per square foot: $470/sqft
    • Tax assessed value: $1,643,500
    • Annual tax amount: $13,337
    • Date on market: 3/8/2024
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/4/2024Sold$2,110,000-11.7%$470/sqft
    Source: Space Coast AOR #1005573 Report a problem
    8/23/2024Pending sale$2,390,000$533/sqft
    Source: Space Coast AOR #1005573 Report a problem
    7/11/2024Contingent$2,390,000$533/sqft
    Source: Space Coast AOR #1005573 Report a problem
    4/23/2024Price change$2,390,000-4.4%$533/sqft
    Source: Space Coast AOR #1005573 Report a problem
    4/16/2024Listed for sale$2,500,000$557/sqft
    Source: Space Coast AOR #1005573 Report a problem
    4/8/2024Contingent$2,500,000$557/sqft
    Source: Space Coast AOR #1005573 Report a problem
    3/8/2024Listed for sale$2,500,000+104.1%$557/sqft
    Source: Space Coast AOR #1005573 Report a problem
    2/25/2015Sold$1,225,000-2%$273/sqft
    Source: Space Coast AOR #714620 Report a problem
    1/21/2015Pending sale$1,250,000$279/sqft
    Source: Indialantic Office Brevard County #714620 Report a problem
    1/16/2015Listed for sale$1,250,000$279/sqft
    Source: Downtown Office #714620 Report a problem
    1/16/2015Pending sale$1,250,000$279/sqft
    Source: Indialantic Office Brevard County #714620 Report a problem
    1/8/2015Listed for sale$1,250,000+316.7%$279/sqft
    Source: Downtown Office #714620 Report a problem
    7/23/2002Sold$300,000$67/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,336 +44.3%$1,643,500 +42.7%
    2024$14,089 +1.1%$1,151,450 +3%
    2023$13,934 +7.2%$1,117,920 +3%
    2022$12,997 -5.5%$1,085,360 +3%
    2021$13,758 -0.4%$1,053,750 +1.4%
    2020$13,815 -0.4%$1,039,210 +2.3%
    2019$13,871 $1,015,850 +1.9%
    2018$13,871 -0.8%$996,910 +2.1%
    2017$13,987 -2%$976,410 +2.1%
    2016$14,272 -2.5%$956,330 +44.8%
    2015$14,636 +37.6%$660,310 +0.8%
    2014$10,634 $655,070 -9.6%
    2013-- $724,470 +14.2%
    2012$10,490 +0.7%$634,610 +0.7%
    2011$10,419 -6.9%$630,030 -13.4%
    2010$11,188 -2.8%$727,490 -7.9%
    2009$11,515 -15.5%$789,620 -14.7%
    2008$13,631 +0%$926,000 +0.5%
    2007$13,627 +137.3%$921,000 +182.9%
    2005$5,742 +22.3%$325,500 +30.2%
    2004$4,696 -4.5%$250,000
    2003$4,915 $250,000
    Find assessor info on the county website

    Neighborhood: 32951

    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.

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    Estimated market value
    $2,236,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,236,400