Hammock Lakes, 5520 Banyan Dr

$3.4M12.7%
$2,925,000
4
Beds
3
Baths
2,664
SqFt
Status
Sold - Jul 21, 2020
Parking
No info
Size
2,664 SqFt (247 m2)
Price
$1,098/SqFt ($11,819/m2)
Type
House
Built
1958
MLS Number
A10856920
View
Lake,Water
On Site
2318 Days
Updated
17 Days ago
Page Views
0
A priceless canopy of mature palms, oaks and gumbo limbo are abundant at this exclusive lakefront address. The perfect lifestyle awaits you with afternoon sailing on the lake, nearby parks with biking trails, and walking distance to award winning public and private schools. The 50,000 square foot waterfront lot offers a serene and private setting, within a few minutes of quaint dining and boutiques. This is a smart opportunity to push the boundaries of design and build new or recreate the existing home at this rarely available Banyan Drive pocket of Coral Gables. One look at this view is enough to get you dreaming.

Features

Bedrooms
  • Bedrooms: 4
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Other
  • View: Lake,Water
Interior, Heating and Cooling
  • Interior Features: Other
  • Equipment / Appliances: Other
  • Heating Description: Other
  • Cooling Description: Other
Building and Construction
  • Floor Description: Other
  • Year Built: 1958
  • Year Built Description: Resale
  • Style: Detached,Ranch
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: Pinecrest
  • Middle School: Palmetto
  • Senior High School: Miami Palmetto
Other Property Info
  • Garage: No info
  • Listing Date: 2020-05-11T16:44:01.000-00:00
  • Directions: North
Taxes, Fees & More
  • Taxes: 23077
  • Parking Description: CircularDriveway, Driveway

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Price History

Current
$2.9M
High
$3.4M
Low
$2.9M
Total Change
-12.7%
$3.4M$3.1M$2.9MMay 20Jul 20
Date
Event
Price
Change
Price Per
07/20/2020
Sold
$2.9M
-12.69%
$1,098 ft2
$11,819 m2
05/11/2020
Listed
$3.4M
 
$1,258 ft2
$13,536 m2
07/20/2020
$2.9M
Event
Sold
Change
-12.69%
Price Per
$1,098 ft2
$11,819 m2
05/11/2020
$3.4M
Event
Listed
Price Per
$1,258 ft2
$13,536 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Lourdes Abella-LevyOne Sotheby's International Realty • Buyer Agency Compensation .

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Scores

Walk Score®
Car-Dependent. Almost all errands require a car
22

100
Transit Score®
Minimal Transit. It is possible to get on a bus
24

100
Bike Score®
Bikeable. Some bike infrastructure
51

100
Sound Score®
Bearable noise
79

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
27

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
$18.8M – $18.8M
Price Tier
2,664 - 10,778
SqFt Range
1989
Year Build

Subdivision Amenities

Maintenance

Coral Gables
Ultra Luxury
Ultra Luxury Homes & Condos

Hammock Lakes Communities in Coral Gables, FL