5450 Banyan Drive

Coral Gables, FL 33156

$7,500,000
Price
4
Beds
3
Baths
1
1/2 Bath
4,026 Sq. Ft.
$1,863 / Sq. Ft.
4,026
Sq. Ft.
$1,863
per Sq. Ft.

Description

Welcome to this rare lakefront property that sits on an acre plus of land surrounded by mature oaks. The property has an advantageous north-south orientation and is a bird lover's paradise. Nestled in the Banyan Drive Gated Community, it is conveniently located near the best schools. Enjoy tranquil waterfront living in the existing home or build your dream house on an oversized waterfront lot. Give us a call and come see yourself.Welcome to this rare lakefront property that sits on an acre plus of land surrounded by mature oaks. The property has an advantageous north-south orientation and is a bird lover's paradise. Nestled in the Banyan Drive Gated Community, it is conveniently located near the best schools. Enjoy tranquil waterfront living in the existing home or build your dream house on an oversized waterfront lot. Give us a call and come see yourself.

Listing Agent

Property Details for 5450 Banyan Drive

Subdivision
1STAADD HAMMOCK LAKE 2
Style
WF/Ocean Access
Waterfront
Yes
Waterfront Description
Lake Front, Lake Access
View
Garden View, Lake
Area
51
Auction
No
Sq Ft Total
4026

Location

Add your commute
LISTING UPDATED: 04/18/2024 09:24 AM

Property Details for 5450 Banyan Drive

StatusPending
MLS #A11555242
Days on Market24
Taxes$20,578 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single
Year Built1997
Lot Size1.10 AC / 47,916 SF
CountyMiami-Dade County

Location

Add your commute

Building Information for 5450 Banyan Drive

Stories-Year Built1997Building Size-Lot Size1.10 AC / 47,916 SF

Payment Calculator

$42,645 per month

30 year fixed, 7.25% Interest

Principal and Interest

$40,931

Property Taxes

$1,715

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5450 Banyan Drive

Location Information
Location Information
  • Parcel Number Free Text: 03-51-06-004-0110
  • Parcel Number MLX: 0110
  • MLS Area: 51
  • Municipal Code: 3
  • Township Range: 51
  • Section: 10
  • Subdivision Number: 4
  • Subdivision Complex Bldg: 1STAADD HAMMOCK LAKE 2
  • Zoning Information: 0100
General Information
Parking
  • Num Garage Spaces: 3
  • Parking Description: Covered Parking, Driveway
General Information
  • Front Exposure: North
  • Housing Older Persons Act: No HOPA
  • Property Sq Ft: 47916
  • Lot Description: 1 To Less Than 2 Acre Lot
  • Waterfront Frontage: 177
  • Water Access: Other
  • Pool: No
  • Design: Attached
  • Design Description: Split Level
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Metal Roof
  • Flooring: Marble Floors
  • Floor Description: Marble Floors
Room Information
Room Information
  • Rooms Description: Other
  • Bedroom Description: Other
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Water Description: Municipal Water
  • Sewer Description: Septic Tank
Additional Property Information
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: Built-Ins, Closet Cabinetry, Fireplace
  • Equipment Appliances: Trash Compactor, Dishwasher, Electric Water Heater, Fire Alarm, Microwave, Refrigerator, Smoke Detector
  • Exterior Features: Fence, Fruit Trees, Open Porch, Patio
  • Subdivision Information: Gated Community
  • Storm Protection: Partial Other Protection
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: AH,AE,X
  • Tax Year: 2022
  • Tax Information: Tax Reflects City & County Tax
  • Special Information: Flood Zone

Property History for 5450 Banyan Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5450 Banyan Drive

Taxable ValueLand-Additions-Total-
Tax Record2023$20,440 ($1,703 / month)
Home Facts
Beds3Total Finished SqFt4,026 SqFtAbove Grade Finished SqFt4,026 SqFtStories1Lot Size47,916 SqFtStyleSingle Family ResidenceYear Built1956Year Renovated1997Zoning0100:SINGLE FCountyMIAMI-DADEAPN03-5106-004-0110

Schools near 5450 Banyan Drive

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 8 to 12
Rating
School
Distance
Pinecrest Elementary School
PublicPK to 5

Palmetto Middle School
Public6 to 8

Miami Palmetto Senior High School
Public8 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.

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.