When was property at 975 Banyan Drive built and last sold?

The property at 975 Banyan Drive was built in 2012 and last sold on Apr 29, 2022 for $5,250,000.

How much is this home worth?

The estimated value of the home located at 975 Banyan Drive is $0.

What are some comparable homes to 975 Banyan Drive?

There are currently no comparable homes to 975 Banyan Drive.

Delray Beach

33483

Tropic Isle North

975 Banyan Drive

Sold on May 3, 2022

Map

Video Tour

$5,250,000

● House - Off Market

975 Banyan Drive

Delray Beach, FL 33483

3 Beds

3 Baths, 1 Half Bath

3,481 Ft²

$5,033,888

RealtyHop Estimate

0.78%

Since Jun 1, 2022

National-US

Primary Model

About This Property

OPEN HOUSE SATURDAY APRIL 9, 2022 FROM 11:00 - 2:00 SPECTACULAR CUSTOM BUILT INTRACOASTAL POINT LOT WITH 200 FEET OF SEAWALL AND A 100 FOOT DOCK JUST MINUTES TO THE BEACH AND ATLANTIC AVENUE. THIS 3 BR 3.5 BA W/ DEN WAS BUILT WITH THE FINEST FINISHES AND MATERIALS, MARBLE FLOORS, WOOD FLOORS, CUSTOM MILLWORK THROUGHOUT, GOURMET CHEF'S KITCHEN W/ THERMADOR APPLIANCES, SUB ZERO REFRIGERATOR, WINE COOLER & ICE MAKER, A INFINITI EDGE POOL W/ SUN SHELF AND SPA, W/ FIRE WATER FEATURE, SUMMER KITCHEN. WHOLE HOUSE CRESTRON SURROUND SOUND SYSTEM, COFFERED CEILING IN FAMILY ROOM W/ FIREPLACE, TRAY CEILINGS IN OFFICE AND BEDROOMS, ELECTRONIC SHADES INSIDE AND OUT, TESLA CHARGING STATION IN GARAGE. BRYANT A/C UNITS REPLACED IN 2019 & 2020, NEW POOL HEATER 2021. FURNITURE IS NEGOTIABLE

Unit Size

3,481 Ft²

Days on Market

26 days

Land Size

0.28 acres

Price per sqft

$1,435

Property Type

House

Property Taxes

$4,126

HOA Dues

Year Built

2012

Payment Calculator

Cap Rate Calculator

Last updated: 19 days ago (Beaches MLS #R10785499)

Price History

Date / Event	Date	Event
Oct 15, 2025	Sold	Premium
Sold
Aug 21, 2025	In contract	-
In contract
Dec 23, 2024	Listed by Compass Florida LLC	$7,600,000
Listed by Compass Florida LLC

	SPECTACULAR CUSTOM BUILT INTRACOASTAL POINT LOT WITH 200 FEET OF SEAWALL AND A NEW 2023 - 100 FOOT POURED CONCRETE DOCK W/ 40,000 LBS BOAT LIFT, SEAWALL RAISED 19'' TO NEW CODE. JUST MINUTES TO THE BEACH AND ATLANTIC AVENUE. THIS 3 BR 3.5 BA W/ DEN WAS BUILT WITH THE FINEST FINISHES AND MATERIALS, MARBLE FLOORS, WOOD FLOORS, CUSTOM MILLWORK THROUGHOUT, GOURMET CHEF'S KITCHEN W/ THERMADOR APPLIANCES, SUB ZERO REFRIGERATOR, WINE COOLER & ICE MAKER, A SALT WATER INFINITI EDGE POOL W/ SUN SHELF AND SPA, W/ FIRE WATER FEATURE, ALL POOL EQUIPMENT WAS INSTALLED IN 2023/24 (POOL HEATER, CHILLER, FILTERS), SUMMER KITCHEN. NEW MARBLE PATIO DECK & POOL TILE, BUILT IN PATIO CEILING DROP DOWN 60 INCH TV, WHOLE HOUSE CRESTRON SURROUND SOUND SYSTEM, NEW 2024 GENERATOR, COFFERED CEILING IN FAMILY ROOM W/ FIREPLACE, TRAY CEILINGS IN OFFICE AND BEDROOMS, ELECTRONIC SHADES INSIDE AND OUT, TESLA CHARGING STATION IN GARAGE. BRYANT A/C UNITS REPLACED IN 2019 & 2020. OUTDOOR PRIVATE SHOWER. FURNITURE IS NEGOTIABLE
Sep 9, 2022	Sold	Premium
Sold
May 11, 2022	Sold	Premium
Sold
Mar 21, 2022	Listed by Compass Florida, LLC	$4,995,000
Listed by Compass Florida, LLC
Apr 10, 2019	Sold	Premium
Sold
Nov 28, 2018	Listed by Compass Florida, LLC	$3,590,000
Listed by Compass Florida, LLC
Nov 8, 2013	Sold	Premium
Sold
May 28, 2013	Listed by Compass Florida, LLC	$3,295,000
Listed by Compass Florida, LLC

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2012

Effective Year Built: 2018
Building Count: 1
Bedroom Count: 3
Bathroom Count: 4
Full Bathrooms: 3
Partial Bathrooms: 4
Building Condition: 6
Building Quality: 1
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 16
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 7
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 504
Parking Space Count: 2
Patio Type: 55
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 12,062

Lot Size Depth Feet: 2,680
Lot Size Frontage Feet: 450
Total Building Area: 4,393
Gross Building Area: 4,393
Building Area: 3,481
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 3,481
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: TROPIC ISLE 2ND
Land Acres: 0000000277
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: TROPIC ISLE 2ND SECTION LT 182

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 006402

Zoning

Zoning: R-1-AA-B

Geography

Assessors Map Reference: 358

Parcel: 12-43-46-28-02-000-1820
Lot: 182
Meridian: SEC 28 TWN 46S RNG 43E
Municipality: DELRAY BEACH
Latitude: 26.4343
Longitude: -80.0659

Address

Full Address: 975 Banyan Dr

Address - House Number: 975
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: 3,826

Tax Year: 2022
Tax Amount: $5,784,539
Tax Rate Code Area: 12984

Appraisal Valuation

Standard Deviation: 0.2116

Valuation Date: Jan 03, 2024
Confidence Score: 71
Final Value: 4,918,051
High Value: 5,959,046
Low Value: 3,877,057

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Financing Type:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $3,497,384

Market Land Value: $2,002,000
Market Improvement Value: $1,495,384

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $2,687,227

Sales

Current Sale Contract Date: Apr 29, 2022

Current Sale Recording Date: Sep 09, 2022
Current Sale Price:

Premium
Current Sale Document Type: 61
Current Sale Input Document Number: 374930
Previous Sale Recording Date: May 11, 2022
Previous Sale Contract Date: Apr 29, 2022
Previous Sale Amount: $5,250,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

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Previous Mortgage Financing Type:

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Previous Mortgage Loan Amount:

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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

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1 Bath
1,203 ft²

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$6,900 /mo

3 Beds
2 Baths
1,552 ft²

701 Appleby Street, Boca Raton, FL, 33487 Listing by Shannon Southcomb

Unit for rent at 110 Gleason Street, Delray Beach, FL, 33483

$7,500 /mo

4 Beds
3 Baths
2,443 ft²

110 Gleason Street #203, Delray Beach, FL, 33483 Listing by Jennifer Gallagher

Rentals Near You

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Listed by: Frank Gentile
Compass Florida, LLC
Last Updated: 19 days ago
Data Source: Beaches MLS, MLS# R10785499

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.