When was property at 932 Banyan Drive built and last sold?

The property at 932 Banyan Drive was built in 2008 and last sold on Jan 28, 2009 for $2,400,000.

How much is this home worth?

The estimated value of the home located at 932 Banyan Drive is $4,529,850.

What are some comparable homes to 932 Banyan Drive?

There are currently no comparable homes to 932 Banyan Drive.

Delray Beach

33483

Tropic Isle North

932 Banyan Drive

Sold on Jan 8, 2026

Map

Video Tour

$4,050,000

● House - Off Market

932 Banyan Drive

Delray Beach, FL 33483

7 Beds

7 Baths, 2 Half Baths

6,907 Ft²

$25,165

Est. Monthly

0.51%

Cap Rate

About This Property

Discover exceptional waterfront living in the prestigious Tropic Isle community of Delray Beach. This 7-bedroom, 7.2-bathroom custom estate spans nearly 7,000sf under air & offers the ultimate in luxury and craftsmanship. Each bedroom features its own en-suite bathroom. Built in 2008 the home is constructed with solid concrete pilings and hurricane-impact glass throughout.

Inside, soaring ceilings, marble & granite finishes, and expansive water views create an elegant yet inviting atmosphere. A high-tech movie theater and elevator up to the 3rd floor bonus room adds modern convenience, while the open-concept layout includes a first-floor guest suite, gas fireplace for effortless entertaining.

Outside, enjoy 90 feet of seawall, a 70-foot dock with deep-water access and no fixed bridges A custom-designed pool, and a fully equipped summer kitchen, all perfectly positioned for all-day sun with ideal southern exposure.

Located between the Boca Raton and Boynton Beach inlets and just minutes from Atlantic Avenue, this estate offers an unbeatable blend of size, location, and waterfront lifestyle.

Unit Size

6,907 Ft²

Days on Market

185 days

Land Size

0.22 acres

Price per sqft

$649

Property Type

House

Property Taxes

$3,143

HOA Dues

Year Built

2008

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Beaches MLS #R11105253)

Price History

Date / Event	Date	Event
Jan 8, 2026	Sold	Premium
Sold
Oct 25, 2025	In contract	-
In contract
Oct 19, 2025	Price Decreased	$4,485,000 ↓ $510K (10.2%)
Price Decreased
Aug 14, 2025	Price Decreased	$4,995,000 ↓ $500K (9.1%)
Price Decreased
Jul 7, 2025	Listed by Compass Florida LLC	$5,495,000
Listed by Compass Florida LLC
Jan 30, 2009	Sold	Premium
Sold
Jan 19, 2007	Sold	Premium
Sold

Property Highlights

Elevator

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2008

Effective Year Built: 2008
Building Count: 1
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 1
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 300
Living Units: 1
Floor Cover: 7
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 632
Parking Space Count: 2
Patio Type: 55
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 9,718

Lot Size Depth Feet: 1,080
Lot Size Frontage Feet: 900
Total Building Area: 8,459
Gross Building Area: 8,459
Building Area: 6,907
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 6,907
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: TROPIC ISLE 2ND
Land Acres: 0000000223
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: TROPIC ISLE 2ND SECTION LT 193

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 006402

Zoning

Zoning: R-1-AA-B

Geography

Assessors Map Reference: 358

Parcel: 12-43-46-28-02-000-1930
Lot: 193
Municipality: DELRAY BEACH
Latitude: 26.4338
Longitude: -80.0684

Address

Full Address: 932 Banyan Dr

Address - House Number: 932
Address - Street Name: Banyan
Address - Suffix Type: Dr
State: FL
City Name: Delray Beach
Carrier Code: C049
4-Digit Zip Code: 4916
Zip Code: 33483

Valuation

Tax

Total Area: 7,186

Tax Year: 2022
Tax Amount: $3,780,711
Tax Rate Code Area: 12984

Appraisal Valuation

Standard Deviation: 0.1866

Valuation Date: Jan 27, 2024
Confidence Score: 75
Final Value: 5,855,510
High Value: 6,948,195
Low Value: 4,762,825

Market Valuation

Market Total Value: $3,413,956

Market Land Value: $1,180,000
Market Improvement Value: $2,233,956

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $1,970,866

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jan 28, 2009

Current Sale Recording Date: Jan 30, 2009
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20090033734
Previous Sale Recording Date: Jan 19, 2007
Previous Sale Contract Date: Jan 10, 2007
Previous Sale Amount: $775,000
Previous Sale Document Type: 54

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

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

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Comparables

About Tropic Isle North

Stats & Trends

Median Asking:

$3,700,000

Sale Price/ft²

$1,194

Below Asking

0.01%

Average Days on Market

109

Average Home Size

3949 ft²

Average Home Age

26.1 years

Currently For Sale

14 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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2 Baths
1,315 ft²

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Unit for rent at 876 Jeffery Street, Boca Raton, FL, 33487

$9,000 /mo

3 Beds
2 Baths
1,398 ft²

876 Jeffery Street, Boca Raton, FL, 33487 Listing by Claudia V Palacios

Unit for rent at 855 Berkeley Street, Boca Raton, FL, 33487

$9,900 /mo

4 Beds
2 Baths
1,733 ft²

855 Berkeley Street, Boca Raton, FL, 33487 Listing by Svetlana Puccio

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Alex Platt
Compass Florida LLC
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R11105253

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.