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$2,390,000   Price Analysis
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5217 Solway Dr
Melbourne Beach, FL 32951
4 bed 5 bath 4,486 SqFt ($532/SqFt)
0.44 acre lot. Built 2005
Listed 2024-03-08, HOA $387, Taxes $12,996		Ⓧ USDA Ineligible
due to price & location
near Melbourne Beach

CONTEMPORARY ROOF BEING INSTALLED Situated in one of Melbourne Beach's most breathtaking riverfront locations.

Offering 172 feet of shoreline, it provides sweeping views across the river to a serene nature reserve enveloped in trees. The home boasts a dramatic living room that seamlessly flows out to a vast pool/spa area with a covered patio and summer kitchenan ideal setup for outdoor entertaining.

The kitchen features an island, ample cabinetry, granite countertops and a wine cooler. Additionally, all bedrooms on the second level have access to covered balconies. On the first level, there is one bedroom as well as a generously sized office. Outside, the property fatures two docks and a boat lift, along with deeded beach access. Every room enjoys a million-dollar view of the river, making this residence a true gem


Presented by Dewayne Carpenter at
COMPASS.
Listing Agent Photo

Property MLS #1005573 from SpaceCoast

Bedrooms: 4

Total Bathrooms: 4.5
Full Bathrooms: 4
1/2 Bathrooms: 1

Built-in Features
Ceiling Fan(s)
Eat-in Kitchen
Guest Suite
Kitchen Island
Open Floorplan
Primary Bathroom -Tub with Separate Shower
Split Bedrooms
Walk-In Closet(s)
Flooring: Tile, Wood

Convection Oven
Dishwasher
Disposal
Dryer
Electric Cooktop
Electric Water Heater
Microwave
Refrigerator
Washer

Cooling Features: Central Air, Electric, Multi Units
Heating Features: Electric, Propane
Heating: Yes

Balcony
Boat Slip
Outdoor Kitchen
Boat Lift
Storm Shutters
Patio And Porch Features: Patio, Porch, Terrace
Road Surface Type: Asphalt

Pool Features: Community, In Ground

Ocean Access
River Access
River Front
Deeded Beach Access
Intracoastal
No Fixed Bridges
Waterfront Community

Corner Lot
Cul-De-Sac
Lot Size Acres: 0.44
Lot Size Square Feet: 19166

Garage Spaces: 3
Parking Features: Garage

View: Pool, River, Water
Security Features: Security Gate

Association: Yes
Association Amenities: Beach Access, Gated, Maintenance Grounds, Management - Off Site, Tennis Court(s), Water
Association Fee: 387
Association Fee Frequency: Monthly
Association Fee Includes: Maintenance Grounds
Calculated Total Monthly Association Fees: 387
Association Name: Vesta Property Managment

Elementary School: Gemini
High School: Melbourne

Gemini Elementary School is a public elementary school located approximately 6 miles away.
directions icon Map directions

Herbert C. Hoover Middle School is a public middle school located approximately 9.5 miles away.
directions icon Map directions

Melbourne Senior High School is a public high school located approximately 10.2 miles away.
directions icon Map directions

Annual Tax Amount: 13337
Source Listing Status: Active
County: Brevard
Current Use: Residential, Single Family
Directions: Head east on US-192, turn right and Head south on Florida A1A, Turn right onto Solway Dr
Tax Year: 2022
Source Property Type: Residential
Area: 385 - South Beaches
MLS Area Minor: 385 - South Beaches
Source Neighborhood: Indian Landing Riverside
Parcel Number: 29-38-10-84-0000i.0-0040.00
Subdivision: Indian Landing Riverside
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$unknown + $unknown
$1,085,360		$12,996
2021$unknown + $unknown
$1,053,750		$13,758
2020$unknown + $unknown
$1,039,210		$13,815
2019$unknown + $unknown
$1,015,850		$13,870
2018$unknown + $unknown
$996,910		$13,987
2017$unknown + $unknown
$976,410		$14,272
2016$unknown + $unknown
$956,330		$14,636
2015$unknown + $unknown
$660,310		$10,530
2014$unknown + $unknown
$655,070		$10,633
2013$unknown + $unknown
$645,390		$10,782
2012$unknown + $unknown
$634,610		$10,489
2011$unknown + $unknown
$630,030		$10,418
2010$unknown + $unknown
$727,490		$11,187
2009$unknown + $unknown
$789,620		$11,515
2008$unknown + $unknown
$926,000		$13,631
2007$unknown + $unknown
$921,000		$13,627

Price Changed 2024-04-23
$2,390,000
SpaceCoast
Listed 2024-03-08
$2,500,000
SpaceCoast
Listing removed 2015-02-28
$1,250,000
IndianRiverCounty
Sold 2015-02-26
$1,225,000
SpaceCoast
Listed 2015-01-08
$1,250,000
IndianRiverCounty
Listed 2014-12-31
$1,250,000
SpaceCoast
Sold 2002-07-23
$300,000
Public Record

Total Square Feet Living: 4486
Year Built: 2005
Construction Materials: Concrete, Stucco
Property Age: 19
Roof: Tile
Architectural Style: Traditional

Electricity Connected
Water Connected
Propane
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.