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Property
Beds
4
Full Baths
3
1/2 Baths
1
Year Built
1979
Sq.Footage
5,005
Set on a 31,272 SF (0.72-acre) corner lot in the exclusive, gated Banyan Drive neighborhood of Coral Gables, within the Snapper Creek Oaks subdivision and near prestigious Ponce-Davis. An intimate enclave of approximately 50 properties, Banyan Drive is experiencing a significant wave of luxury redevelopment, with 7 newly constructed estates since 2019 and at least 7 additional homes under development. This oversized corner lot, measuring approximately 224' x 141', offers the opportunity to build a custom luxury estate. Conceptual plans by Castillo Architecture & Planning envision a spectacular two-story residence with approximately 11,322 SF A/C and 13,268 SF total area, featuring 6 bedrooms plus staff quarters, home office, gym, home theater, game room, expansive entertaining areas, resort-style pool, and 3-car garage. The existing residence is livable and offers potential rental income while planning future development. Ideally located near South Miami, Coconut Grove, and Pinecrest. Renderings and plans are conceptual only and have not been submitted to or approved by the City of Coral Gables or Miami-Dade County. Buyer must independently verify zoning, development, permitting and approval requirements, as well as the status and transferability of existing permits.
Features & Amenities
Interior
-
Other Interior Features
Entrance Foyer, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Master Downstairs
-
Total Bedrooms
4
-
Bathrooms
3
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
No, Yes
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Block, Wood Siding, Concrete
-
Parking
Attached Carport, Attached, Circular Driveway, Covered, Driveway, Garage, Garage Door Opener
-
Patio and Porch Features
Deck
-
Pool
Yes
-
Pool Features
In Ground, Private
-
Waterfront YN
NO
-
View
Garden, Other
Area & Lot
-
Lot Size(square feet)
31,272
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Detached, TwoStory
Price
-
Sales Price
$6,000,000
-
Tax Amount
$58,606
-
Financing Options
Cash, Conventional
-
Zoning
0100
-
Sq. Footage
5,005
-
Price/SqFt
$1,198
HOA
-
Association
No
School District
-
Elementary School
Pinecrest
-
Middle School
Palmetto
-
High School
Miami Palmetto
Property Features
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Water Source
Public
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Location
County
Miami-Dade
Elementary School
Pinecrest
Middle School
Palmetto
High School
Miami Palmetto
Listing Courtesy of Scott Shuffield, BHHS EWM Realty
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Managing Broker & Founder
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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