When was property at 948 Banyan Drive built and last sold?

The property at 948 Banyan Drive was built in 1986 and last sold on Sep 21, 2023 for $1,940,000.

How much is this home worth?

The estimated value of the home located at 948 Banyan Drive is $0.

What are some comparable homes to 948 Banyan Drive?

There are currently no comparable homes to 948 Banyan Drive.

Delray Beach

33483

Tropic Isle North

948 Banyan Drive

Sold on Jan 21, 2026

100

Map

$6,500,000

● House - Off Market

948 Banyan Drive

Delray Beach, FL 33483

6 Beds

7 Baths, 1 Half Bath

5,947 Ft²

$38,464

Est. Monthly

0.44%

Cap Rate

About This Property

New Construction - 90' of Water frontage - NO Fixed Bridges - Ocean Access - Approx. 5 minutes From Atlantic Ave. This beautiful 7,679 sq. ft entertains 6 en-suite bedrooms, 7.5 baths, 2 primaries. Smart home features Wolf/Sub-Zero appliances, Taj-Mahal with lather finish counter top, Cristallo lit wine room and bar, smart lighting, elevator, wet bar, and marble staircase. Outdoors boasts a saltwater pool, spa, summer kitchen, 47KW generator, Wi-Fi sprinklers, a new seawall and dock with plumbing and electric, power ready for 2 boat lifts. Metal roof, impact windows, and built-in closets throughout. All pre-wired for sound system, shades, sound and video. Move-in ready with top-tier luxury!

Unit Size

5,947 Ft²

Days on Market

154 days

Land Size

0.22 acres

Price per sqft

$1,227

Property Type

House

Property Taxes

$2,643

HOA Dues

Year Built

1986

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Beaches MLS #F10520718)

Price History

Date / Event	Date	Event
Jan 21, 2026	In contract	-
In contract
Jan 21, 2026	Sold	Premium
Sold
Aug 20, 2025	Listed by Century 21 LUXE HOMES	$7,295,000
Listed by Century 21 LUXE HOMES
Jun 30, 2025	Price Decreased	$7,795,000 ↓ $100K (1.3%)
Price Decreased
Jun 4, 2025	Price Decreased	$7,895,000 ↓ $54K (0.7%)
Price Decreased
May 2, 2025	Price Decreased	$7,949,000 ↓ $46K (0.6%)
Price Decreased
Apr 9, 2025	Relisted	$7,995,000
Relisted
Apr 2, 2025	In contract	-
In contract
Mar 6, 2025	Listed	$7,995,000
Listed

	New Construction - 90' of Water frontage - NO Fixed Bridges - Ocean Access - Approx. 5 minutes From Atlantic Ave. This beautiful 7,679 sq. ft entertains 6 en-suite bedrooms, 7.5 baths, 2 primaries. Smart home features Wolf/Sub-Zero appliances, Taj-Mahal with lather finish counter top, Cristallo lit wine room and bar, smart lighting, elevator, wet bar, and marble staircase. Outdoors boasts a saltwater pool, spa, summer kitchen, 47KW generator, Wi-Fi sprinklers, a new seawall and dock with plumbing and electric, power ready for 2 boat lifts. Metal roof, impact windows, and built-in closets throughout. All pre-wired for sound system, shades, sound and video. Move-in ready with top-tier luxury!
Oct 10, 2023	Sold	Premium
Sold
Aug 21, 2023	Listed by Century 21 LUXE HOMES	$2,200,000
Listed by Century 21 LUXE HOMES

Property Highlights

Elevator

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1986

Effective Year Built: 1990
Building Count: 1
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 506
Parking Space Count: 2
Patio Type: 55
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 9,718

Lot Size Depth Feet: 100
Lot Size Frontage Feet: 900
Total Building Area: 3,023
Gross Building Area: 3,023
Building Area: 2,249
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 2,249
Heating Fuel Type: 2

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 SEC LT 190

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 006402

Zoning

Zoning: R-1-AA-B

Geography

Assessors Map Reference: 358

Parcel: 12-43-46-28-02-000-1900
Lot: 190
Meridian: SEC 28 TWN 46S RNG 43E
Municipality: DELRAY BEACH
Latitude: 26.4338
Longitude: -80.0676

Address

Full Address: 948 Banyan Dr

Address - House Number: 948
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: 2,555

Tax Year: 2022
Tax Amount: $2,068,711
Tax Rate Code Area: 12984

Appraisal Valuation

Standard Deviation: 0.1866

Valuation Date: Jan 03, 2024
Confidence Score: 75
Final Value: 1,913,922
High Value: 2,271,075
Low Value: 1,556,769

Market Valuation

Market Total Value: $1,278,404

Market Land Value: $1,180,000
Market Improvement Value: $98,404

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $934,811

Sales

Current Sale Contract Date: Sep 21, 2023

Current Sale Recording Date: Oct 10, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 346203

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

Request mortgage information redaction

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

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2 Beds
2 Baths
1,010 ft²

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Unit for rent at 900 Jeffery Street, Boca Raton, FL, 33487

$5,900 /mo

3 Beds
2 Baths
1,398 ft²

900 Jeffery Street, Boca Raton, FL, 33487 Listing by Dustin Opalka

Unit for rent at 2255 Lindell Boulevard, Delray Beach, FL, 33444

$5,500 /mo

2 Beds
2 Baths
1,175 ft²

2255 Lindell Boulevard #4103, Delray Beach, FL, 33444 Listing by Maria Tamas

Rentals Near You

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Listed by: Roberta M Lucas
Century 21 LUXE HOMES
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10520718

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.