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5407 Solway Drive, Melbourne Beach, FL 32951

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For Sale
Sale Pending

$729,000

3 beds • 2 baths • 1,998 sqft

Estimated Payment

$ 4,186 /mo. †

6.76% APR for 30 yrs.
$4,791 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $364.86
    Price per square foot

  • 21-30 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Under contract-accepting backup offers. Now offered at a reduced price. This Coastal Home, Just steps away from the beach with a NEW tile roof and your own private dock in the back, withstood hurricanes Milton and Helene with no damage, proving it's strength in such a prime location near the water. Welcome to your waterfront sanctuary in this sought after gated community, where luxury meets convenience in an unparalleled coastal setting. This meticulously maintained abode with NEW interior and exterior paint is a rare find, poised along the canal with a private dock offering front-row seats to stunning sunsets and playful marine life sightings. The backyard offers an amazing opportunity to put in a pool overlooking the water. Just a leisurely 5-minute walk away, the community beach access, community pool, and community fishing pier which can lead to promising days of seaside bliss. For the avid boater, deeded space in the boatyard with a boat launch ensures your vessel is stored with ease, ready for spur-of-the-moment adventures. With hurricane shutters adorning all windows and doors, you're well-prepared for any Florida weather eventuality. Step onto the screened patio and bask in the tranquility of the expansive backyard, complete with your own private dock, ideal for entertaining or simply unwinding amidst the soothing waters. Outside, the exterior boasts a fresh coat of paint in 2023 and a NEW tile roof, complemented by professional landscaping for exquisite curb appeal. Inside, discover a haven of comfort and style, with soaring 12-foot ceilings in the great room and office, freshly painted walls, plantation shutters, and gleaming hardwood floors. The heart of the home, the updated kitchen, features quartz countertops, a tiled backsplash, and all-new stainless appliances installed in 2017. Retreat to the owner's suite, complete with dual walk-in closets, dual vanities, a spacious walk-in shower, and a separate soaking tub, offering a luxurious escape. Modern conveniences abound, including a 2017 HVAC system, electric fireplace, and a washer/dryer for added ease. With a beer fridge in the 2-car garage, updated ceiling fans, newer carpet in guest bedrooms, and a 2018 hot water heater, every detail has been carefully considered for your comfort. Don't miss the chance to make this waterfront oasis your own. Schedule your showing today and embrace the epitome of coastal living.
MLS# T3507109

Courtesy Of Impact Realty Tampa Bay

(813) 321-1200

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Dock, Ceiling Fan, Water Front
  • Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Block
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Wood
  • Heating System
    Central Furnace, Fireplace
  • Lot Size
    0.26 Acres
  • Roof Type
    Tile
  • Rooms
    Dining Room, Kitchen, Living Room

Map and Directions

Directions to 5407 Solway Drive, Melbourne Beach, FL 32951

Home seller CENTURY 21 Circle

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CENTURY 21 Circle

(321) 723-4747
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $3,787
  • Property Taxes
    $399
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,186

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Gemini Elementary School

Grades KG-6 Public School

Melbourne Beach, FL 32951 6.1 miles
2100 oak st

426 total students
14:1 Student teacher ratio

School Rating: A+

School Details

Hoover Middle School

Grades 7-8 Public School

Indialantic, FL 32903 9.6 miles
2000 hawk haven dr

469 total students
16:1 Student teacher ratio

School Rating: C

School Details

Melbourne High School

Grades 9-12 Public School

Melbourne, FL 32901 10.3 miles
74 bulldog blvd

2111 total students
23:1 Student teacher ratio

School Rating: C+

School Details
Other Nearby Schools Distance Type Grades School Rating
Palm Bay Elementary School 6 miles Public PK-6 C

Palm Bay Elementary School

Distance: 6 miles

Type Public

Grades: PK-6

C

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Melbourne Beach, FL 32951

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Melbourne Beach, FL 32951

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are above the national average.

89° July
Hottest Average Month
52° January
Coldest Average Month
5,572 Total Households in Area
3.9% Increase in population since the year 2010
12.5%
of households
have children
22 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Melbourne Beach, FL 32951

Melbourne Beach, FL 32951 has a population of 11,175 people in 5,572 households with a median age of 61.6 years old.

3.9%
Increase in population
since the year 2010
Population is Trending up
5,208
Total households as of 2010
5.8%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 61.6 years old. The smallest percentage group is 65-74 years and the largest percentage is the 18-24 years age range.

Community Population By Ethnicity

White 91%
Hispanic 5%
Asian 1%
Other <1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 91%, followed by Hispanic at 5%, Asian at 1%, and Other at <1%.

Economics
for Melbourne Beach, FL 32951

416 /sq mi
Population Density
$82,498 /yr
Median Household Income
$555,000
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.25% of the households.

Transportation to Work

  • Drive 67%
  • Work from Home 22%
  • Walk or Bike 7%
  • Public Transit 2%

Occupancy by Type

Owned 4,765 68%
Vacant 1,451 21%
Rented 807 11%

White vs Blue Collar Jobs







White Collar 89%
Blue Collar 11%

Family & Education Facts
for Melbourne Beach, FL 32951

61.6 Median Age

Average Household Size

2
persons per
household

61.5%

Married Households

Community Population By Education

Bachelors Degree 33%
Some College 20%
Graduate Degree 19%
High School Graduate 14%
Associates Degree 10%
Some High School 4%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 32.65% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
12.5% of households have children

Weather
for Melbourne Beach, FL 32951

The weather for this area ranges from a high of 89° F in July to a low of 52° F in January

89° July
Hottest Average Month
52° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
52°
71°
Feb
54°
72°
Mar
58°
76°
Apr
62°
80°
May
68°
84°
Jun
72°
87°
Jul
73°
89°
Aug
74°
89°
Sep
73°
87°
Oct
69°
82°
Nov
61°
76°
Dec
54°
72°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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