Eco Friendly
Address
506 Banyan Way, Melbourne Beach, FL
Price
$ 1,100,000
Property Attributes
  • MLS#1083910
  • TypeSingle Family
  • Listing Status Pending
  • CountyBrevard
  • CityMelbourne Beach
  • AreaIndialantic-Melbourne Beach
  • NeighborhoodIsland Shores of Melbourne Beach
  • Zip32951
  • Style
  • Year Built1962
  • Taxes$ 8579
  • Price$ 1,100,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage2463
  • Lot Size0.31 Acres
Data Source:
Space Coast AOR
Property Description

Experience elevated coastal living where timeless design meets exceptional craftsmanship. Completely renovated from the studs up, every inch of this home has been thoughtfully transformed with premium materials, designer finishes, and impeccable attention to detail. From the custom hardware and statement lighting to the luxury vinyl plank flooring and beautifully appointed tilework, every space reflects quality and sophistication. At the center of the home is a stunning open-concept kitchen designed to impress, featuring upgraded natural quartz countertops, a full-height tile backsplash, premium Z-Line appliances, and a show stopping island. The seamless flow into the main living and dining areas creates an inviting setting for both everyday living and effortless entertaining. The newly created primary suite offers a peaceful retreat with designer walk-in closets with custom shelving and a spa-inspired bath highlighted by a zero-entry shower. A second private primary suite on the opposite side of the home provides ideal accommodations for guests or multigenerational living. Two additional bedrooms are connected by a Jack-and-Jill bath, and the thoughtfully designed split-bedroom layout enhances comfort and privacy for everyone. Outdoor living is just as impressive, featuring a beautifully resurfaced pool with designer tile, an elegant outdoor shower, lush new sod, and vibrant landscaping. The newly constructed pergola and welcoming front porch are accented with rich cedar tongue-and-groove ceilings, while the expanded paver patio and driveway, new fencing, and spacious .31-acre homesite provide the perfect setting for a relaxing beach vibe. Beyond its beautiful finishes, this home offers the confidence of virtually all-new infrastructure, including the shingle roof in 2019 and metal roofs in 2026, main HVAC system (2020) and new primary bedroom HVAC system (2026), 50-gallon water heater (2026), impact-rated windows, doors, and sliders, updated water lines and plumbing (no cast iron), modern electrical, and a dedicated indoor laundry room complete with washer and dryer. Perfectly positioned in one of Melbourne Beach's most desirable neighborhoods, this exceptional property is completely move-in ready. For buyers seeking a turnkey experience, the brand-new designer furnishings are also available for purchase. This is a rare opportunity to own a meticulously reimagined coastal retreat where luxury, comfort, and modern convenience come together.

Elementary School Middle School High School
Gemini Elementary School Hoover Middle School Melbourne High School
Price History
8/7/2026 Listed $1,100,000

General Features

Living Area 2463
Sewer Public Sewer
Heating Central,Electric,Heat Pump
Cooling Central Air,Electric,Multi Units
Utilities Cable Available,Electricity Connected,Sewer Connected,Water Connected
Possession Close Of Escrow,Negotiable
Roof Metal,Shingle
Appliances Dishwasher,Disposal,Dryer,Electric Range,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Water Heater,Ice Maker,Microwave,Refrigerator,Washer,Wine Cooler
Garage Spaces 2
Patio/Porch Features Covered,Patio,Rear Porch
Architectural Style Ranch
Pool Features Fenced,In Ground
Security Features Smoke Detector(s)
Construction Materials Block,Stucco
Pets Allowed Yes
Year Built 1962
Electric 200+ Amp Service
View Pool
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2023
Current Use Residential
Additional Parcels Description 2847012
County Brevard
New Construction false
Property Type Residential
HOA false
Attached Garage true
Energy Efficient Appliances,Doors,Water Heater,Windows
Subdivision Name Island Shores of Melbourne Beach
Facing Direction South
Garage Y/N true
Other Structures Gazebo,Shed(s)
Full Baths 3
Status Pending
Directions Head toward E Strawbridge Ave, follow US-192 E, Pass by Chase Bank (on the right), Turn right onto S Riverside Dr, Turn left onto S Palm Ave, Turn right onto Banyan Way, Destination will be on the left at 506 Banyan Way
High School Melbourne
City Melbourne Beach
Senior Community Y/N false
Zoning Description Residential
MLS Area 384 - Indialantic/Melbourne Beach
Lot Size Units Acres
Lot Size Square Feet 13504
Carport Y/N false
Elementary School Gemini
Land Lease Y/N false
Tax Annual Amount 8579.61
Middle/Junior High School Hoover
Property Condition Updated/Remodeled
MLS Area Minor 384 - Indialantic/Melbourne Beach
Virtual Tour https://www.virtualtourcafe.com/mls/10009498
Standard Status Pending
Legal Description ISLAND SHORES OF MELBOURNE BEACH LOT 13 BLK 2

Interior Features

Interior Amenities Breakfast Bar,Built-in Features,Ceiling Fan(s),Guest Suite,Jack and Jill Bath,Kitchen Island,Open Floorplan,Pantry,Primary Bathroom - Shower No Tub,Smart Thermostat,Split Bedrooms,Walk-In Closet(s)
Flooring Tile,Vinyl
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Laundry Features Electric Dryer Hookup,In Unit,Washer Hookup
Total Bedrooms 4
LivingAreaSource Plans
Total Baths 4

Exterior Features

Exterior Amenities Outdoor Shower,Impact Windows
Fencing Privacy,Wood
Parking Features Attached,Garage,Garage Door Opener
Lot Features Sprinklers In Front,Sprinklers In Rear,Other
Water Source Public
Lot Size Area 0.31
Building Area Total 2877
Lot Dimensions 120 x 113
BuyerOfficeFax 321-868-5566
Lot Size Acres 0.31
Road Surface Type Concrete,Paved
Waterfront Y/N false
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32951

Price
AVG $1.41M
$1.1M
Taxes
AVG $9,105
$8,579
Year Built
AVG 1991
1962

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