212 Banyan Ln
About This Property
Enjoy spacious living, a dedicated laundry room, a sparkling pool, and a beautiful gazebo designed for relaxing and entertaining under the gorgeous Florida Keys weather. The outdoor space alone creates the perfect tropical escape your guests, or your family will never want to leave. Income producer$
Ideally located just minutes from Harry Harris Park, where area residents enjoy access to the boat ramp, dock, beach, and full amenities. Even better, an additional boat ramp is just steps from the property, making this a dream for boating and water sport enthusiasts.
Surrounded by top attractions, renowned Tavernier restaurants, jet ski and kayak rentals, fishing charters, and vibrant nightlife, yet still offering incredible peace and tranquility, this location truly offers the best of the Keys lifestyle.
Inventory in this area is extremely limited, and properties already set up for short-term rental like this are rare. Use it as your private Florida Keys paradise, a high-performing vacation rental, or both, opportunities like this do not last.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2026 | Listed by Dalton Wade Inc | $1,800,000 | |
| Listed by Dalton Wade Inc | |||
| Aug 7, 2022 | No longer available | - | |
| No longer available | |||
| Mar 21, 2022 | Listed by Deconova International Realty | $1,500,000 | |
| Listed by Deconova International Realty | |||
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Relaxing Beautiful Home with 5 spacious bedrooms and 4 full bathrooms, cozy pool deck with refreshing pool, nicely design for fantastic views from the balcony all around second floor, New roof, 2 Air Conditioners, New appliances and lots of space for your water toys, close proximity to points of interest like Harry Harris Beach and Park, Hammer Point, Great Restaurants and Tiki Bars, watersports places. Definitely a must see. Can be use as vacation home or even rented AIRBNB & VRBO . MM 92.5 Best neighborhood. The manager has listed the unit size as 1467 square feet.
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| Dec 20, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by Dalton Wade Inc | $749,000 | |
| Listed by Dalton Wade Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017