When was property at 953 Banyan Drive built and last sold?

The property at 953 Banyan Drive was built in 2006 and last sold on Oct 13, 2023 for $3,250,000.

How much is this home worth?

The estimated value of the home located at 953 Banyan Drive is $4,696,500.

What are some comparable homes to 953 Banyan Drive?

There are currently no comparable homes to 953 Banyan Drive.

Delray Beach

33483

Tropic Isle North

953 Banyan Drive

Sold on Jun 20, 2024

Map

$4,460,000

● House - Off Market

953 Banyan Drive

Delray Beach, FL 33483

5 Beds

5 Baths, 1 Half Bath

5,822 Ft²

$25,517

Est. Monthly

0.68%

Cap Rate

About This Property

Welcome to the exclusive luxury of Tropic Isle! Enjoy waterfront living in the heart of Delray Beach. This estate offers 5 bedrooms, 5.5 baths, plus an office and an entertaining loft space. Enter paradise with vaulted ceilings, expansive windows, and a gorgeous waterfront view from just about every room. The chef's kitchen is complete with a butler's pantry, gas cooktop, new appliances, all overlooking an open style family room. This fabulous home offers a triple split floor plan with the primary suite upstairs, while there are four other ensuite bedrooms all privately located. Bring your dream yacht and enjoy 90 feet of dock space, only four homes in from the main intracoastal waterway. You are evenly situated between the Boca Inlet and the Boynton Beach Inlet. Some pix Virtual Don't miss this opportunity to live in the hottest community in South Florida, walking distance to shops, restaurants, the beach, and the famed Atlantic Avenue where you have paradise at your finger tips!

Unit Size

5,822 Ft²

Days on Market

70 days

Land Size

0.22 acres

Price per sqft

$799

Property Type

House

Property Taxes

$2,685

HOA Dues

Year Built

2006

Payment Calculator

Cap Rate Calculator

Last updated: 7 months ago (Beaches MLS #R10971459)

Price History

Date / Event	Date	Event
Jun 20, 2024	Sold	Premium
Sold
Mar 23, 2024	Listed by Signature Int'l Premier Properties	$4,650,000
Listed by Signature Int'l Premier Properties
Oct 26, 2023	Sold	Premium
Sold
Dec 20, 2006	Sold	Premium
Sold

Property Highlights

Elevator

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2006

Effective Year Built: 2006
Building Count: 1
Bedroom Count: 5
Bathroom Count: 6
Full Bathrooms: 5
Partial Bathrooms: 6
Building Condition: 6
Building Quality: 1
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 0
Roof Shape Type: 6
Roof Cover Type: 4
Floor Count: 200
Living Units: 1
Floor Cover: 7
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 722
Parking Space Count: 3
Patio Type: 55
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 9,718

Total Building Area: 7,833
Gross Building Area: 7,833
Building Area: 5,822
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 5,822
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 LOT 179

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 006402

Zoning

Zoning: R-1-AA-B

Geography

Assessors Map Reference: 358

Parcel: 12-43-46-28-02-000-1790
Lot: 179
Municipality: DELRAY BEACH
Latitude: 26.4342
Longitude: -80.0667

Address

Full Address: 953 Banyan Dr

Address - House Number: 953
Address - Street Name: Banyan
Address - Suffix Type: Dr
State: FL
City Name: Delray Beach
Carrier Code: C049
4-Digit Zip Code: 4915
Zip Code: 33483

Valuation

Tax

Total Area: 6,127

Tax Year: 2022
Tax Amount: $3,203,440
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: 12984

Appraisal Valuation

Standard Deviation: 0.1756

Valuation Date: Mar 20, 2024
Confidence Score: 77
Final Value: 4,429,210
High Value: 5,207,395
Low Value: 3,651,026

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Recording Date:

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Market Valuation

Market Total Value: $3,026,169

Market Land Value: $1,180,000
Market Improvement Value: $1,846,169

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $1,674,348

Sales

Current Sale Contract Date: Oct 13, 2023

Current Sale Recording Date: Oct 26, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 366528
Previous Sale Recording Date: Jan 02, 2008
Previous Sale Contract Date: Dec 04, 2007
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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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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$5,500 /mo

3 Beds
2 Baths
1,824 ft²

671 Lindell Boulevard, Delray Beach, FL, 33444 Listing by Andressa Cavalcanti Abreu LLC

Unit for rent at 118 Se 7th Avenue, Delray Beach, FL, 33483

$5,000 /mo

2 Beds
1 Bath
663 ft²

118 Se 7th Avenue, Delray Beach, FL, 33483 Listing by Lisa Wennick

Unit for rent at 450 Egret Circle, Delray Beach, FL, 33444

$5,000 /mo

2 Beds
2 Baths
1,175 ft²

450 Egret Circle #9207, Delray Beach, FL, 33444 Listing by Kyle Cann

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: David R. Mundt
Signature Int'l Premier Properties
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R10971459

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.