When was property at 12904 Banyan Road built and last sold?

The property at 12904 Banyan Road was built in 1961 and last sold on Jul 2, 2015 for $1,275,000.

How much is this home worth?

The estimated value of the home located at 12904 Banyan Road is $5,048,990.

What are some comparable homes to 12904 Banyan Road?

There are currently no comparable homes to 12904 Banyan Road.

North Miami

33181

Keystone

12904 Banyan Rd

Map

$4,999,000

↓ $201K (3.9%)

● House - For Sale

12904 Banyan Rd

North Miami, FL 33181

5 Beds

5 Baths

3,908 Ft²

$30,477

Est. Monthly

0.45%

Cap Rate

About This Property

Bring your super yachts! This rare waterfront estate in Gated Keystone Point sits on a 15,504 SF corner lot with 250 FT on the water. Two docks (136 FT & 114 FT) provide room for two 100+ FT yachts in a deep-water canal w/ direct ocean access & no fixed bridges. This spacious 4BD/5BA home features newer white porcelain floors, large primary suite w/ expansive en-suite bath & French doors in every room opening to the pool for seamless indoor-outdoor living. Move-in ready w/ remodeled baths, built-in closets. Large bright and light open kitchen. Resort-style backyard boasts a pool, large patio decks, & covered outdoor kitchen. Seawall upgraded w/ batter piles & new cap, plus a new dock-a boater's dream! electric gate, 2-car garage, prime location. A True one-of-a-kind waterfront opportunity!

Unit Size

3,908 Ft²

Days on Market

642 days

Land Size

0.36 acres

Price per sqft

$1,279

Property Type

House

Property Taxes

$5,931

HOA Dues

Year Built

1961

Listed By

Richard Feldman

[email protected]

Miami Waterfront Realty

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Miami MLS #A11722549)

Price History

Date / Event	Date	Event
Oct 15, 2025	Price Decreased	$4,999,000 ↓ $201K (3.9%)
Price Decreased
Jul 17, 2025	Price Decreased	$5,200,000 ↓ $50K (1%)
Price Decreased
Apr 4, 2025	Price Decreased	$5,250,000 ↓ $449K (7.9%)
Price Decreased
Mar 1, 2025	Price Decreased	$5,699,000 ↓ $176K (3%)
Price Decreased
Jan 29, 2025	Listed by Miami Waterfront Realty	$5,875,000
Listed by Miami Waterfront Realty
Jul 13, 2015	Sold	Premium
Sold

Property Highlights

Air Conditioning

Parking Details

Has Garage

Has Open Parking

Parking Features: Driveway

Garage Spaces: 2

Interior Details

Full Bathrooms: 5

Interior Features: First Floor Entry, Family Room, Florida Room

Appliances: Dryer, Refrigerator, Washer

Exterior Details

Square Footage: 3908

Architectural Style: Attached, One Story

Year Built: 1961

Waterfront Features: Ocean Access, Canal Front, Canal Width 121 Feet Or More, No Fixed Bridges

Building Name: VENETIAN SEC KEYSTONE POI

Building Area Total: 6457

Building Area Units: Square Feet

Construction Materials: Concrete

Pool Features: In Ground

Lot Features: 1/4 To Less Than 1/2 Acre Lot

Lot Size Area: 15504

Lot Size Units: Square Feet

Lot Size Acres: 0.356

Lot Size Square Feet: 15504

Water Source: Municipal Water

Financial Details

Tax Annual Amount: $71,170

Utilities Details

Cooling Type: Ceiling Fan(s), Central Air

Heating Type: Central

Sewer : Public Sewer

Building Info

Overview

General

Year Built: 1961

Effective Year Built: 1994
Building Count: 1
Bedroom Count: 4
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Building Condition: 0
Building Quality: 0
Construction Type: 4
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Business/Commerical Units Count: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Garage Square Area: 253
Parking Space Count: 0
Patio Type: 8
Porch Type: 36
Pool Type: 8

Dimensions

Lot Size Square Feet: 15,504

Lot Size Depth Feet: 1,360
Lot Size Frontage Feet: 1,140
Total Building Area: 6,457
Gross Building Area: 6,457
Building Area: 3,908
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 3,908
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: VENETIAN SECTION KEYSTONE POINT
Land Acres: 0000000356
Standard Land Use Code: 1001
County Land Use Code: 0101
State Land Use Code: 001
Legal Description 1: 28 52 42 PB 53-91 VENETIAN SECTION KEYSTONE POINT LOT 6 RIP RTS BLK 16 LOT SIZE 114.000 X 136 OR 14880-1141 0191 1

Neighborhood

School District Name: Dade County School District

School Tax School District: NORTH MIAMI
Census Tract: 000120

Zoning

Zoning: 0900

Geography

Assessors Map Reference: 93

District: 06
Parcel: 06-2228-012-0300
Block: 16
Lot: 6
Meridian: SEC 28 TWN 52S RNG 42E
Municipality: NORTH MIAMI
Latitude: 25.8947
Longitude: -80.1586

Address

Full Address: 12904 Banyan Rd

Address - House Number: 12904
Address - Street Name: Banyan
Address - Suffix Type: Rd
State: FL
City Name: North Miami
Carrier Code: C067
4-Digit Zip Code: 2367
Zip Code: 33181

Valuation

Tax

Total Area: 4,598

Tax Year: 2023
Tax Amount: $2,820,692
Tax Rate Code Area: 600

Appraisal Valuation

Standard Deviation: 0.1799

Valuation Date: Apr 03, 2024
Confidence Score: 76
Final Value: 3,604,228
High Value: 4,252,698
Low Value: 2,955,758

Market Valuation

Market Total Value: $3,022,256

Market Land Value: $2,364,798
Market Improvement Value: $657,458

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,266,897

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jul 02, 2015

Current Sale Recording Date: Jul 13, 2015
Current Sale Price:

Premium
Current Sale Document Type: 68
Current Sale Input Document Number: 2015R0447892
Previous Sale Recording Date: Aug 06, 2014
Previous Sale Contract Date: Aug 06, 2014
Previous Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About North Miami

Stats & Trends

Median Asking:

$468,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

Average Home Size

1344 ft²

Average Home Age

49.3 years

Currently For Sale

409 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Listed by: Richard Feldman
Miami Waterfront Realty
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11722549

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.