by Global Lifestyle Properties

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Boca Raton 33432
1401 Banyan Road
$12,000,000
● House - In Contract

1401 Banyan Road

Boca Raton, FL 33432
bedrooms
5 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
9,482 Ft²
$60,034
Est. Monthly
0.77%
Cap Rate

About This Property

Presenting 1401 Banyan Road, Boca Raton-a new architectural masterpiece envisioned by the esteemed Empire Development. Nestled within the prestigious Spanish River Land enclave, this contemporary estate sets a new benchmark for luxury living, seamlessly merging timeless sophistication with practical elegance. Encompassing a generous 9,482 square feet of interior space, every aspect of this home has been thoughtfully designed to deliver an extraordinary lifestyle.

From the moment you arrive, the grandeur of this estate is evident. Framed by impeccably landscaped grounds featuring towering date palms, calusia hedges, and lush zoysia grass, the home welcomes you into a world of sophistication. Two majestic olive trees, strategically positioned on the north and south sides of the property, create enchanting outdoor courtyardsserene spaces that invite reflection and enhance the estate's allure. This signature feature exemplifies Empire Development's commitment to blending natural beauty with architectural excellence, setting their properties apart as havens of sophistication and thoughtful design.

The interiors of this estate are nothing short of spectacular. The heart of the home is the chef's kitchen, a haven for culinary artistry, equipped with quartzite countertops, a Miele suite of appliancesincluding a natural gas range and an additional full prep kitchen for seamless entertaining.

A stunning bar on the main level serves as the perfect gathering space, seamlessly complementing the home's two-level clubroom, which features a theater on the first level and a secondary space on the second. This exceptional multi-level space, a hallmark of Empire Development, exemplifies their commitment to surpassing industry standards. By designing multi-functional, luxury-driven environments that cater to relaxation, entertainment, and wellness, Empire Development continues to redefine the essence of elevated living.

The living spaces are further elevated by white oak hardwood flooring, lending warmth and sophistication throughout. The expansive primary suite is a private sanctuary, featuring a morning bar, dual custom bathrooms with luxurious steam showers, and his-and-her closets, all opening onto a private balcony for ultimate relaxation.  

Designed to meet every lifestyle need, the estate boasts five bedrooms, each with its own ensuite bathroom, six full bathrooms, two half bathrooms, and two dedicated offices. A VIP guest suite offers privacy and luxury for visitors, while the property's in-ground heated saltwater pool and spa create a resort-like atmosphere. A full cabana bathroom and a fully appointed summer kitchen ensure effortless outdoor entertaining.  

This home also offers seamless convenience, with laundry rooms on both floors, a full gym, an elevator with self-opening doors, and a 3.5-car garage. The outdoor spaces are a true marvel, with balconies and courtyards harmonizing with the lush landscaping, including olive trees that enhance the tranquil ambiance.  

From its modern metal roof to its flawless craftsmanship, every aspect of 1401 Banyan Road reflects an unwavering commitment to excellence. Located moments from Boca Raton's finest dining, shopping, and beaches, this property isn't just a residenceit's a lifestyle statement.

DISCLAIMER: Builder and/or Seller reserve the right to make changes and/or modifications to plans, specifications, features, colors and prices. All plans, renderings, and videos shown are artists' conceptions. The information herein is believed to accurate but not guaranteed and may be subject to errors, omissions and changes without notice. All measurements, dimensions, room sizes and lot sizes are approximate. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information.
Unit Size
9,482 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$1,266
Property Type
House
Property Taxes
$1,111
HOA Dues
-
Year Built
1963

Listed By

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Last updated: 7 months ago (Beaches MLS #R11056129)

Price History

Date / Event Date Event Price
Jan 29, 2025 In contract -
In contract
Jan 27, 2025 Listed by Douglas Elliman $12,000,000
Listed by Douglas Elliman
Mar 28, 2013 Sold
Sold
Oct 29, 2012 Listed by Douglas Elliman $750,000
Listed by Douglas Elliman

Property Highlights

Elevator
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Garage Door Opener
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 6
Interior Features: Wet Bar, Entrance Foyer, Eat-in Kitchen, Elevator, High Ceilings, Kitchen Island, Pantry, Soaking Tub, Bar, Walk-In Closet(s), Bathtub, DiningArea, SeparateFormalDiningRoom, DualSinks, SeparateShower, UpperLevelPrimary
Appliances: Dryer, Dishwasher, Electric Water Heater, Free-Standing Freezer, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
Flooring Type: Wood
Laundry Features: Inside
Exterior Details
Square Footage: 9482
Security Features: Security System Owned, Security System, Closed Circuit Camera(s), Fire Alarm, Gated Community, Smoke Detector(s)
Property Condition: To Be Built
Architectural Style: Colonial
Year Built: 2026
Waterfront Features: None
Builder Model: EMPIRE DEVELOPMENT
Building Area Total: 10424
Levels: Multi/Split, Two
Construction Materials: Block, Concrete
Patio and Porch Features: Covered, Patio, Open, Balcony
Pool Features: Heated, In Ground, OutsideBathAccess
Pool is Private
Lot Features: QuarterToHalfAcreLot
Lot Size Area: 16117.2
Lot Size Units: Square Feet
Lot Size Acres: 0.37
Lot Size Square Feet: 16117.2
Water Source: Public
Financial Details
Tax Annual Amount: $13,337
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,139
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,872
  • Gross Building Area: 2,872
  • Building Area: 1,924
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,924
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPANISH RIVER LAND CO SUB
  • Land Acres: 0000000371
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: SPANISH RIVER LAND CO SUB UNIT 2 LOT 1 BLK 16

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007420

Zoning

  • Zoning: R-1-A

Geography

  • Assessors Map Reference: 434
  • Parcel: 06-43-47-32-01-016-0010
  • Block: 16
  • Lot: 1
  • Meridian: SEC 32 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3303
  • Longitude: -80.0763

    Address

  • Full Address: 1401 Banyan Rd
  • Legal Unit: 2
  • Address - House Number: 1401
  • Address - Street Name: Banyan
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C021
  • 4-Digit Zip Code: 8024
  • Zip Code: 33432

Valuation

    Tax

  • Total Area: 2,177
  • Tax Year: 2023
  • Tax Amount: $1,304,356
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.2647
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 1,756,369
  • High Value: 2,221,297
  • Low Value: 1,291,441

    Market Valuation

  • Market Total Value: $2,228,315
  • Market Land Value: $2,129,622
  • Market Improvement Value: $98,693

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,725

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 20, 2013
  • Current Sale Recording Date: Mar 28, 2013
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 20130144330
  • Previous Sale Recording Date: Mar 28, 2013
  • Previous Sale Contract Date: Mar 20, 2013
  • Previous Sale Amount: $690,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 1401 Banyan Road built and last sold?
The property at 1401 Banyan Road was built in 1963 and last sold on Mar 20, 2013 for $0.
How much is this home worth?
The estimated value of the home located at 1401 Banyan Road is $12,120,000.
What are some comparable homes to 1401 Banyan Road?
There are currently no comparable homes to 1401 Banyan Road.