309 Banyan Way Melbourne Beach, FL 32951
Melbourne Beach Neighborhood
5
Beds
3
Baths
2,173
Sq Ft
0.28
Acres
Highlights
- Open Floorplan
- Traditional Architecture
- Breakfast Area or Nook
- Gemini Elementary School Rated A-
- No HOA
- In-Law or Guest Suite
About This Home
As of April 2025Welcome to 309 Banyan Way in the charming coastal town of Melbourne Beach! This delightful 5 bedroom / 3 bathroom home, just one block away from the beach, offers the perfect blend of comfort and investment potential.Featuring concrete construction throughout, this gem is situated in a quaint neighborhood where homes are being revitalized, adding even more value to the area.Imagine starting your mornings with a short stroll to the beach, enjoying the tranquil surroundings and fresh ocean air. Whether you're seeking a beachside retreat or an investment opportunity, 309 Banyan Way has it all. Don't miss your chance to own a piece of paradise in one of Melbourne Beach's most desirable locations. Schedule your private tour today and envision the endless possibilities this home has to offer!
Last Agent to Sell the Property
One Sotheby's International License #3273655 Listed on: 07/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,926
Year Built
- Built in 1961
Lot Details
- 0.28 Acre Lot
- West Facing Home
- Back Yard Fenced
Parking
- 2 Car Garage
Home Design
- Traditional Architecture
- Shingle Roof
- Concrete Siding
- Asphalt
- Stucco
Interior Spaces
- 2,173 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wood Burning Fireplace
Kitchen
- Breakfast Area or Nook
- Convection Oven
- Electric Cooktop
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Tile
- Terrazzo
Bedrooms and Bathrooms
- 5 Bedrooms
- In-Law or Guest Suite
- 3 Full Bathrooms
- Shower Only
Outdoor Features
- Side Porch
Schools
- Gemini Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Island Shores Of Melbourne Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-38-06-75-00012.0-0005.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Apr 25, 2025
Sold by
Camarotti Homes Llc
Bought by
Almberg Connor A and Orlando Julia R
Seller's Agent
Lynn Tenniswood-Camarotti
EXP Realty LLC
Buyer's Agent
Salesperson Non Member
Non-MLS Member
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Views
159
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.55%
Original Mortgage
$600,000
Outstanding Balance
$599,475
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$132,354
Purchase Details
Listed on
Jul 16, 2024
Closed on
Aug 19, 2024
Sold by
Boor Wayne O
Bought by
Camarotti Homes Llc
Seller's Agent
Stephanie Dandridge
One Sotheby's International
Buyer's Agent
James Dandridge
One Sotheby's International
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.53%
Original Mortgage
$568,600
Interest Rate
6.89%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 16, 2024
Closed on
Aug 14, 2024
Sold by
Boor Steven A
Bought by
Camarotti Homes Llc
Seller's Agent
Stephanie Dandridge
One Sotheby's International
Buyer's Agent
James Dandridge
One Sotheby's International
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,600
Interest Rate
6.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 2024
Sold by
Jacqueline D Boor Revocable Trust and Boor Wayne D
Bought by
Boor Steven A and Boor Wayne D
Purchase Details
Closed on
Nov 10, 1994
Sold by
Boor Samuel D and Boor Jacqueline D
Bought by
Boor Samuel B
Similar Homes in Melbourne Beach, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | None Listed On Document | |
| Warranty Deed | $500,000 | State Title Partners | |
| Warranty Deed | $500,000 | State Title Partners | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | New Conventional | |
| Previous Owner | $568,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $750,000 | -3.2% | $345 / Sq Ft |
| 03/11/2025 03/11/25 | Price Changed | $775,000 | -0.6% | $357 / Sq Ft |
| 01/20/2025 01/20/25 | Price Changed | $780,000 | -1.3% | $359 / Sq Ft |
| 12/20/2024 12/20/24 | Price Changed | $790,000 | -0.6% | $364 / Sq Ft |
| 11/19/2024 11/19/24 | Price Changed | $795,000 | -0.5% | $366 / Sq Ft |
| 10/25/2024 10/25/24 | For Sale | $799,000 | +59.8% | $368 / Sq Ft |
| 08/19/2024 08/19/24 | Sold | $500,000 | -23.1% | $230 / Sq Ft |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- |
| 07/16/2024 07/16/24 | For Sale | $650,000 | 0.0% | $299 / Sq Ft |
| 07/09/2024 07/09/24 | Pending | -- | -- | -- |
| 07/09/2024 07/09/24 | For Sale | $650,000 | -- | $299 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $1,926 | $159,230 | $0 | $0 |
| 2022 | $1,862 | $154,600 | $0 | $0 |
| 2021 | $1,906 | $150,100 | $0 | $0 |
| 2020 | $1,885 | $148,030 | $0 | $0 |
| 2019 | $1,871 | $144,710 | $0 | $0 |
| 2018 | $1,853 | $142,020 | $0 | $0 |
| 2017 | $1,824 | $139,100 | $0 | $0 |
| 2016 | $1,858 | $150,000 | $150,000 | $0 |
| 2015 | $1,887 | $135,300 | $135,000 | $300 |
| 2014 | $1,889 | $134,230 | $125,000 | $9,230 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Tenniswood-Camarotti
Seller's Agent in 2025
Lynn Tenniswood-Camarotti
EXP Realty LLC
(772) 579-0443
1 in this area
31 Total Sales
-
Salesperson Non Member
S
Buyer's Agent in 2025
Salesperson Non Member
Non-MLS Member
-
Stephanie Dandridge
Seller's Agent in 2024
Stephanie Dandridge
One Sotheby's International
(321) 984-3135
23 in this area
119 Total Sales
-
James Dandridge
J
Seller Co-Listing Agent in 2024
James Dandridge
One Sotheby's International
(321) 984-3135
6 in this area
24 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1019000
APN: 28-38-06-75-00012.0-0005.00
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