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$760,000

407 Banyan Way

Melbourne Beach, FL
Active Under Contract
5
Bedrooms
4
Bathrooms
3,580
Square Feet
0.37
Lot Size (acres)
1964
Year Built
55
Days On Market

Discover the best of Melbourne Beach living in this spacious 5-bedroom, 4-bathroom home situated on a generous .37-acre lot in a highly desirable area. Minutes from both our beautiful beaches and river!!! The flexible floor plan offers room for everyone, with the 5th bedroom providing an ideal option for an in-law suite, guest quarters, or private home office. Step outside and enjoy your own backyard retreat featuring a sparkling pool surrounded by a paver deck, perfect for entertaining, relaxing, and enjoying the Florida lifestyle. With its desirable location and close proximity to beautiful Melbourne Beach beaches, this home offers the perfect combination of space, flexibility, and coastal convenience. Don't miss this opportunity to make this exceptional Melbourne Beach property your own!'' For peace of mind the home has hurricane shutters and hurricane rated sliding glass windows. This home has a recent 4-point inspection to alleviate any insurance concerns available upon request. Major Improvements: Roof 2018. New AC Ductwork 2020. Main House AC replaced 2022. Water Lines replaced 2024. Main House Water Heater 2026. Pool resurfaced and pavers 2020. Single garage equipped with 220V electrical outlet.

Listing Information

Listing Updated
20 days ago
Listed By
Steven Scott Fabrizio · Watson Realty Corp, 3217249500
MLS#
1085880
Source
Space Coast MLS (Space Coast Association of REALTORS)
Status
Active Under Contract

Facts & Features

Location

Community Information

Address
407 Banyan Way, Melbourne Beach, FL 32951
City
Melbourne Beach
County
Brevard
Neighborhood
Island Shores of Melbourne Beach
Zip Code
32951

Architecture

Bedrooms
5
Bathrooms
4
Stories
1
Year Built
1964
Style
Ranch
Construction Materials
Stucco, Block
Building Area
3,580 sq. ft.
Roof
Shingle
Levels
One
Garage
Yes
Garage Spaces
3
Parking Features
Attached, Garage Door Opener, Garage, Off Street

Features & Amenities

Appliances
Dishwasher, Electric Water Heater, Microwave, Electric Oven
Flooring
Tile, Terrazzo
Cooling
Central Air
Heating
Central

Property Features

Lot Size
0.37 Acres
Lot Features
Few Trees, Sprinklers In Front, Sprinklers In Rear
Water
Public, Private, Well
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Water Connected
Zoning
Single Family

Square Footage

Total
2,565 sq. ft.

Tax & Financial Information

List Price
$760,000
Annual Taxes
$3,728

Schools

74/100
Melbourne Senior High School
High · Grades 09–12 · 3.5 mi
City
Melbourne
Students
2,302
Parent reviews
5.0★ avg · 2 reviews
Student body
73% White · 11% Hispanic / Latino · 7% Black
Free/reduced lunch
30%
Phone
(321) 952-5880
73/100
Gemini Elementary School
Elementary · Grades PK–06 · 1.6 mi
City
Melbourne Beach
Students
426
Parent reviews
5.0★ avg · 4 reviews
Student body
89% White · 7% Hispanic / Latino · 3% Two or More Races
Free/reduced lunch
20%
Phone
(321) 727-3090
65/100
Palm Bay Elementary School
Elementary · Grades PK–06 · 3.7 mi
City
Palm Bay
Students
586
Parent reviews
4.0★ avg · 2 reviews
Student body
41% White · 34% Black · 17% Hispanic / Latino
Free/reduced lunch
74%
Phone
(321) 723-1055
55/100
Palm Bay Magnet Senior High School
High · Grades 08–12 · 3.8 mi
City
Melbourne
Students
1,543
Student body
40% White · 31% Black · 19% Hispanic / Latino
Free/reduced lunch
67%
Phone
(321) 952-5900
54/100
Indialantic Elementary School
Elementary · Grades PK–06 · 1.7 mi
City
Indialantic
Students
660
Student body
84% White · 8% Hispanic / Latino · 5% Two or More Races
Free/reduced lunch
22%
Phone
(321) 723-2811
53/100
Stone Magnet Middle School
Middle · Grades 07–08 · 2.6 mi
City
Melbourne
Students
769
Student body
40% White · 29% Black · 20% Hispanic / Latino
Free/reduced lunch
72%
Phone
(321) 723-0741
52/100
Herbert C. Hoover Middle School
Middle · Grades 07–08 · 1.8 mi
City
Indialantic
Students
506
Student body
78% White · 11% Hispanic / Latino · 4% Black
Free/reduced lunch
39%
Phone
(321) 727-1611
51/100
Palm Bay High Adult Education
Grades AE–AE · 3.8 mi
City
Melbourne
Phone
(321) 952-5914

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/25/2026Listed for sale$760,000

Listed by Steven Scott Fabrizio · Watson Realty Corp · 3217249500

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright © 2026 Brevard MLS. All Rights Reserved.

Last Updated: September 29, 2026 at 3:12 PM | Source: Brevard MLS | MLS#: 1085880

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