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$1,100,000
40 Days On Site

506 Banyan Way
Melbourne Beach, FL 32951

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
2,463
SqFt
$447
/SqFt
1962
Built
Subdivision:
Island Shores of Melbourne Beach
County:
Brevard

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321-266-3041
506 Banyan Way506 Banyan Way506 Banyan Way506 Banyan Way
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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.

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Listing Snapshot
Price 
$1,100,000
Days On Site 
40 Days
Bedrooms 
4
Inside Area (SqFt) 
2,463 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
0.31 Acres
Year Built 
1962
MLS® Number 
1083910
Status 
Active
Property Tax 
$8,579.61
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Plans
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoStatus changed to Active
a month agoListing first seen on site
General Features
Acres 
0.31
Additional Property Use 
Residential
Attached Garage 
Yes
Direction Faces 
South
Garage 
Yes
Garage Spaces 
2
Green Energy Efficient 
AppliancesDoorsWater HeaterWindows
Land Lease 
No
Levels 
One
Parking 
AttachedGarageGarage Door Opener
Pets 
Yes
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2877
Style 
Ranch
Utilities 
Cable AvailableElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
Residential
Interior Features
Appliances 
DishwasherDisposalDryerElectric RangeENERGY STAR Qualified DishwasherENERGY STAR Qualified RefrigeratorENERGY STAR Qualified Water HeaterIce MakerMicrowaveRefrigeratorWasherWine Cooler
Cooling 
Central AirCeiling Fan(s)ElectricMulti Units
Electric 
200+ Amp Service
Flooring 
TileVinyl
Furnished 
Unfurnished
Heating 
CentralElectricHeat Pump
Interior 
Breakfast BarBuilt-in FeaturesCeiling Fan(s)Kitchen IslandOpen FloorplanPantrySmart ThermostatWalk-In Closet(s)
Laundry Features 
Electric Dryer HookupIn UnitWasher Hookup
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Exterior Features
Construction Details 
BlockStucco
Exterior 
Outdoor Shower
Fencing 
PrivacyWood
Lot Features 
Sprinklers In FrontSprinklers In RearOther
Other Structures 
GazeboShed(s)
Patio And Porch 
CoveredPatioRear Porch
Pool Features 
FencedIn GroundPrivate
Private Pool 
Yes
Road Frontage 
City Street
Roof 
MetalShingle
View 
Pool
Waterview 
Pool
Community Features
MLS Area 
384 - Indialantic/Melbourne Beach
Financing Terms Available 
CashConventionalFHAUSDA LoanVA Loan
Roads 
ConcretePaved
Schools
School District
Unknown
Elementary School
Gemini
Middle School
Hoover
High School
Melbourne
Listing courtesy of ITG Realty

The data relating to real estate shown on this website comes in part from the Internet Data Exchange (IDX) program of Space Coast Association of REALTORS®, Inc. 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. All data is deemed reliable but is not guaranteed accurate.

Neighborhood & Commute
Source: Walkscore
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