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Sold for $664,250
  • $664,250

    5397 Solway Dr, Melbourne Beach, FL 32951

    3beds
    1,675sqft
    Single Family Residence
    Built in 2003
    0.26 Acres Lot
    $700,800 Zestimate®
    $397/sqft
    $2,948 Estimated rent

    Home value

    $700,800

    $659,000 - $750,000

    $2,948/mo

    Zestimate® history
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    What's special

    Discover this well-maintained three-bedroom, two-bathroom home with a split floor plan in a beautiful ocean-to-river, gated community. Known for its stunningly designed and landscaped homes and friendly neighbors, this community offers a wonderful lifestyle. The property features a private dock on a tranquil Indian River canal, perfect for paddle boarding, kayaking, and enjoying breathtaking sunsets. It also includes a deeded dry boat storage space for larger watercraft and an oversized garage that provides extra work or storage space. The community amenities include tennis courts, a refreshing pool, yard maintenance, and a private boat ramp to the river. You'll also have access to peaceful beaches, part of the largest sea turtle nesting area in the Western Hemisphere. With A-rated schools nearby, this is an opportunity not to be missed for those seeking the ultimate Florida lifestyle! Plus, a new roof will be installed in September 2024.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gibbs Baum 321-432-2009,

    One Sotheby's International,

    Gregory Zimmerman 321-704-3025,

    One Sotheby's International

    Bought with:

    Leigh Hinton, 3362068

    Blue Marlin Real Estate

    Source: Space Coast AOR,MLS#: 1023646

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 262.6
    • Dimensions: 13.00 x 20.20
    Bedroom 2
    • Level: Main
    • Area: 140.39
    • Dimensions: 10.10 x 13.90
    Bedroom 3
    • Level: Main
    • Area: 169.58
    • Dimensions: 12.20 x 13.90
    Dining room
    • Level: Main
    • Area: 316.26
    • Dimensions: 12.60 x 25.10
    Florida room
    • Level: Main
    • Area: 319.76
    • Dimensions: 35.10 x 9.11
    Kitchen
    • Level: Main
    • Area: 156.09
    • Dimensions: 12.10 x 12.90
    Living room
    • Level: Main
    • Area: 273.6
    • Dimensions: 12.00 x 22.80
    Other
    • Description: covered patio
    • Level: Main
    • Area: 210.6
    • Dimensions: 27.00 x 7.80
    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), Eat-in Kitchen, Entrance Foyer, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower
    • Flooring: Carpet, Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,675 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener, Unassigned
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch, Rear Porch
    • Exterior features: Dock
    • Pool features: None
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Ocean Access, River Access, Deeded Beach Access
    • Body of water: Indian River
    Lot
    • Size: 0.26 Acres
    • Features: Dead End Street, Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional parcels included: 2961431
    • Parcel number: 293810810000i.00022.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Private
    • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Security Gate, Smoke Detector(s)
    • Subdivision: Indian Landing Phase II
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Access, Boat Launch, Gated, Maintenance Grounds, Management - Off Site, RV/Boat Storage, Tennis Court(s)
    • Services included: Maintenance Grounds
    • HOA fee: $441 monthly
    • HOA name: INDIAN LANDING
    Location
    • Region: Melbourne Beach

    Financial & listing details

    • Price per square foot: $397/sqft
    • Tax assessed value: $580,610
    • Annual tax amount: $3,964
    • Date on market: 8/31/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    11/5/2024Pending sale$689,000+3.7%$411/sqft
    Source: Space Coast AOR #1023646 Report a problem
    11/1/2024Sold$664,250-3.6%$397/sqft
    Source: Space Coast AOR #1023646 Report a problem
    9/27/2024Contingent$689,000$411/sqft
    Source: Space Coast AOR #1023646 Report a problem
    8/31/2024Listed for sale$689,000+430%$411/sqft
    Source: Space Coast AOR #1023646 Report a problem
    5/30/2003Sold$130,000$78/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,788 +93.2%$580,610 +78.7%
    2024$4,030 +1.7%$324,820 +3%
    2023$3,965 +5.9%$315,360 +3%
    2022$3,743 -4.2%$306,180 +3%
    2021$3,909 +1.1%$297,270 +1.4%
    2020$3,867 +1%$293,170 +2.3%
    2019$3,827 $286,580 +1.9%
    2018$3,827 -0.6%$281,240 +2.1%
    2017$3,851 -1.3%$275,460 +2.1%
    2016$3,904 -2%$269,800 +0.7%
    2015$3,982 -4.1%$267,930 +0.8%
    2014$4,151 $265,810 -8.8%
    2013-- $291,370 +13.1%
    2012$3,854 -2.3%$257,520 -1.9%
    2011$3,943 -14.4%$262,380 -18.6%
    2010$4,609 -2.2%$322,180 -6.7%
    2009$4,715 -19.4%$345,430 -17.6%
    2008$5,853 -4%$419,000 -1.6%
    2007$6,099 -9.1%$426,000 +6.7%
    2005$6,712 +28.2%$399,430 +24.6%
    2004$5,237 +196%$320,660 +256.3%
    2003$1,769 +500.2%$90,000 +500%
    2002$295 $15,000
    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
    $700,800
    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
    $700,800