555 Banyan Tree Ln, Unit 5

$199,000
Price
1
Bed
520 Sq. Ft.
$383 / Sq. Ft.
520
Sq. Ft.
$383
per Sq. Ft.

Description

Fantastic Location - Walk to the Beach! Centrally located and just minutes from the ocean, this charming unit offers unbeatable convenience with walkable access to top restaurants, fitness clubs, and popular shops including Fresh Market, Trader Joe's, Whole Foods, Publix, Marshalls, TJ Maxx, and more. Set in a small, quiet community, residents enjoy a beautiful pool, lush green spaces, and a relaxed, well-maintained environment. The HOA covers all exterior maintenance, including the roof, making...Fantastic Location - Walk to the Beach! Centrally located and just minutes from the ocean, this charming unit offers unbeatable convenience with walkable access to top restaurants, fitness clubs, and popular shops including Fresh Market, Trader Joe's, Whole Foods, Publix, Marshalls, TJ Maxx, and more. Set in a small, quiet community, residents enjoy a beautiful pool, lush green spaces, and a relaxed, well-maintained environment. The HOA covers all exterior maintenance, including the roof, making for worry-free living. All ages welcome, and with the beach less than a mile away, this is the perfect spot for year-round living or a seasonal retreat. Investor opportunity. Unit can be rented out immediately and 1x a year.

Property Details for 555 Banyan Tree Lane, Unit 5

Subdivision
BANYAN TREE VILLAGE CONDO
Design
< 4 Floors
Waterfront
No
Waterfront Details
None
Furnished
Unfurnished
Style
No Pool/No Water
Pets Allowed
No
LISTING UPDATED: 12/08/2025 08:16 PM

Property Details for 555 Banyan Tree Lane, Unit 5

StatusActive Under Contract
MLS #RX-11131848
Days on Market53
Taxes$2,894 / year
HOA Fees$350 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo/Coop
Year Built1979
CountyPalm Beach County

Location

Listing Courtesy of Lang Realty/Delray Beach
Add your commute

Building Information for 555 Banyan Tree Lane, Unit 5

Building/ComplexBANYAN TREE VILLAGEFloor-Stories4Residences44Pet PolicyNot AllowedPet Policy DetailsRestrictedYear Built1979

Payment Calculator

$1,574 per month

30 year fixed, 6.28% Interest

Principal and Interest

$983

Property Taxes

$241

HOA Dues

$350

The Payment Calculator is for illustrative purposes only.

Property Information for 555 Banyan Tree Lane, Unit 5

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Just North of Linton on Federal Hwy, turn on to Banyan Tree Lane and stay to the left to enter Banyan Tree Village. Follow the road around, first building on the left.
  • Geo Area: Palm Beach 4220a; 4230b; 4360a; 4370b
  • Street Number: 555
  • Subdivision Complex Bldg: BANYAN TREE VILLAGE CONDO
  • Municipal Code: Delray Beach
  • State: FL
  • City Postal ID: 33483
  • MLS Area: 4230
  • MLS Sub Area: PB06
Parking
  • Garage Spaces: 0
  • Parking: Assigned Parking, Guest Parking
  • Num Parking Spaces: 1
  • Covered Spaces: 0
Taxes and HOA Information
  • Governing Bodies: Condo
  • HOPA: No Hopa
  • Association Deposit: No
  • Tax Year: 2024
  • Application Fee: $150.00
  • Maintenance Fee Incl: Cable, Common Areas, Common R.E. Tax, Insurance-Bldg, Maintenance-Exterior, Parking, Pool Service, Roof Maintenance, Sewer, Trash Removal, Water
  • Capital Contribution: No
  • HOA Dues: $350
  • Type of Governing Bodies: Condo
Property
Lot Information
  • Area: 4230
  • Front Exp: East
  • HOA Amenities: Mandatory
  • Lot Description: East of US-1
  • Parcel ID: 12434621300010050
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 520
  • Square Ft Source: Tax Rolls
  • Zoning: RM(cit
  • Total Floors in Building: 1.0
  • Front Exposure: East
Property and Assessments
  • Legal Desc: BANYAN TREE VILLAGE PHASE I COND UNIT 5
  • Unit Floor #: 1
  • Sq Ft Liv Area: 520.0
  • Legal Description: BANYAN TREE VILLAGE PHASE I COND UNIT 5
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Equip/Appl Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range - Electric, Refrigerator, Smoke Detector, Washer
  • Private Pool: No
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: Clubhouse, Game Room, Pool, Shuffleboard
  • Laundry Appliances: Washer and Dryer
  • Gated Community YN: No
Interior Features
  • W/D Allowed: Yes
  • Cooling: Ceiling Fan, Central
  • Flooring: Tile
  • Heating: Central
  • Interior Features: Built-in Shelves, Walk-in Closet
  • Main Level Bedrooms: 1
  • Main Level Bathrooms: 1
  • Guest Accommodations: No
  • Master Bath Features: None
  • Master Bathroom Description: None
  • Baths Total: 1
Master Bedroom
  • Primary Bedroom/Bath: None
Porch
  • PatioFeatures: Porch
Multi Family
Multi-Family Information
  • Stories: 1.0
Rental
Rental Information
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Pets on Premises: No
  • Other Fees: $150
  • Pets Allowed: Restricted

Property History for 555 Banyan Tree Lane, Unit 5

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Backup Contract

RAPB #RX-11131848

Dec 5, 2025

Pending

RAPB #RX-11131848

Oct 13, 2025

Listed (Active)

RAPB #RX-11131848

$199,000
Feb 29, 2024

Sold (Public Record)

Public Record #1530160332

$180,000
Feb 29, 2024

Sold (Public Record)

Public Record #1530092075

$180,000
Nov 3, 2023

Cancelled

MiamiRE #A11473993

Oct 23, 2023

Listed (Active)

MiamiRE #A11473993

$197,000
DateEvent & SourcePrice
12/08/2025

Backup Contract

RAPB #RX-11131848

12/05/2025

Pending

RAPB #RX-11131848

10/13/2025

Listed (Active)

RAPB #RX-11131848

$199,000
02/29/2024

Sold (Public Record)

Public Record #1530160332

$180,000
02/29/2024

Sold (Public Record)

Public Record #1530092075

$180,000
11/03/2023

Cancelled

MiamiRE #A11473993

10/23/2023

Listed (Active)

MiamiRE #A11473993

$197,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 555 Banyan Tree Lane, Unit 5

Taxable ValueLand-Additions$161,000Total-
Tax Record2025$3,149 ($262 / month)
Home Facts
Beds1Baths1Total Finished SqFt520 SqFtAbove Grade Finished SqFt520 SqFtStyleCondominiumYear Built1961CountyPALM BEACHAPN12-43-46-21-30-001-0050

Schools near 555 Banyan Tree Lane, Unit 5

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Pine Grove Elementary School
PublicPK to 5

Boca Raton Community Middle School
Public6 to 8

Boca Raton Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lang Realty/Delray Beach

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.