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.
| MLS # | A12103490 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 37 |
| Listing Provided By | BHHS EWM Realty | Scott Shuffield |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 5,005 |
| Garage | 2 |
| Car Port | Yes |
| Pool | Yes |
| Story(s) | 2 |
| Zoning | 0100 |
| Acreage | 0.72 |
| Property View | Yes |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport, Attached, Circular Driveway, Covered, Carport, Driveway, Garage, Garage Door Opener |
| Tax Annual Amount | 58606 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Coral Gables |
| Zip Code | 33156 |
| Area | 2510 |
| Community Name | SNAPPER CREEK OAKS |
| Listing VS Median (in SNAPPER CREEK OAKS) | |
Price: $6,000,000 low | high Med: $7,250,000 sqft: 5,005 low | high Med: 5,563 $ / sqft: $1,199 low | high Med: $1,294 On site: 37 low | high Med: 27.5 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Coral Gables |
| Zip Code | 33156 |
| Area | 2510 |
| Community Name | SNAPPER CREEK OAKS |
| Listing VS Median (in SNAPPER CREEK OAKS) | |
Price: $6,000,000 low | high Med: $7,250,000 sqft: 5,005 low | high Med: 5,563 $ / sqft: $1,199 low | high Med: $1,294 On site: 37 low | high Med: 27.5 | |
![]() | $5,850,0009325 Sw 59th PlacePinecrest, FL 33156 |