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3093 Banyan Road
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Listed by Tangent Realty Corp | $4,995,000 | |
| Listed by Tangent Realty Corp | |||
| Mar 25, 2025 | Listed by Tangent Realty Corp | $4,850,000 | |
| Listed by Tangent Realty Corp | |||
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Nestled within the highly sought-after Spanish River Land, just one block from the beach and a short stroll to the vibrant heart of Boca Raton, Mizner Development is proud to introduce an extraordinary five-bedroom modern beach house—complete with a private office, loft, and cutting-edge design.
From the moment you step inside, you'll be captivated by the seamless blend of luxury and functionality. The first floor showcases an expansive open-concept living space, featuring soaring ceilings and floor-to-ceiling windows that flood the home with natural light. The gourmet kitchen is a chef's dream, boasting top-of-the-line Wolf and Subzero appliances, an oversized island with waterfall edges, and sleek custom cabinetry. Adjacent to the kitchen, a charming dining nook provides the perfect setting for intimate meals. A spacious ensuite guest bedroom and a private office add to the home's versatility. Additionally, a large walk-in pantry, a well-appointed mudroom, and a built-in elevator enhance convenience and organization.
Ascending to the second floor, you'll find an inviting media loft, a secondary living space ideal for entertainment or relaxation. Three generously sized en-suite bedrooms, each featuring custom walk-in closets, provide luxurious comfort for family and guests. The crown jewel of this level is the primary suite, occupying its own private wing. Designed as a true sanctuary, it boasts a spacious bedroom with a dedicated sitting area, expansive custom closets, and a spa-inspired bath featuring a freestanding soaking tub, a dual-entry glass shower, and two private water closets.
Step outside to your personal oasis, where lush landscaping frames the custom-designed pool and outdoor living areas perfect for entertaining or unwinding in privacy.
This exclusive residence offers a unique opportunity for customization. Buyers still have time to tailor the flooring (with included options such as stunning 48x48-inch tile), cabinetry styles, pool design, landscaping, and more, ensuring that every detail reflects their personal taste.
With its unbeatable location, impeccable craftsmanship, and masterfully designed floor plan, this home is a rare gem in one of Boca Raton's most coveted beachside neighborhoods.
Still time to customize, select finishes, colors, floors, cabinets and more. Completion Mid-2026.
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| Jul 21, 2016 | Sold | ||
| Sold | |||
| Oct 1, 2015 | Listed by Tangent Realty Corp | $590,000 | |
| Listed by Tangent Realty Corp | |||
| Jun 2, 2003 | Sold | ||
| Sold | |||
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About Johnston Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017