$135,000,000

Estimated payment $789,345/month

Total Views 164,407
13 Beds
18 Baths
11,855 Sq Ft
$11,388 Price per Sq Ft

Highlights

  • Ocean View
  • Property has ocean access
  • Guest House
  • Coconut Grove Elementary School Rated A
  • Deeded Boat Dock
  • Boat Lift

About This Home

Once-in-a-Lifetime Opportunity. Introducing Banyan Ridge Estate in the heart of Coconut Grove. This mesmerizing multi-acre private gated haven tailored over 4.5 decades never before offered to the public. 2 parcels feature direct ocean views boasting 180’ of water-frontage. Banyan Ridge transports you to a transcendent oasis w/ meticulously landscaped grounds. 100-year-old Banyan Tree anchors the estate, flanked by cascading waterfalls, tropical saltwater fishpond, lap infinity pool, terraces overlooking the bay & the finest blend of amenities reminiscent of the most elite world-class resorts. Escape to the tranquility of meditation gardens as every corner of this property is an architectural masterpiece waiting to be experienced. Estate is being sold together with 7 additional parcels.

Listing Agent

Lourdes Alatriste

Douglas Elliman License #0693485

Douglas Elliman

Co-Listing Agent

Holly Parker

Compass Florida, LLC. License #3609281

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $134,696

Year Built

  • Built in 2008

Lot Details

  • 4.09 Acre Lot
  • 180 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Property is zoned 0100

HOA Fees

  • $24,631 Monthly HOA Fees

Parking

  • 6 Car Garage
  • Driveway
  • Open Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Studio

Interior Spaces

  • 11,855 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 13 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Boat Lift
  • Deeded Boat Dock
  • Exterior Lighting

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-28-049-0010

Community Details

Overview

  • Banyan Ridge Condo,Banyan Ridge Subdivision

Recreation

  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$134,696

Year Built

Built in 2008

Lot Details

0

HOA Fees

$24,631 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: COMP11
  • Co List Office Phone: 305-851-2820
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock, Dock Owned/Included,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BANYAN RIDGE CONDO,BANYAN RIDGE
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Entrance Foyer, Split Bedroom, Walk-In Closet(s), Family Room, No Additional Rooms, Studio Apartment, Utility Room/Laundry
  • Full Bathrooms: 15
  • Half Bathrooms: 3
  • Total Bedrooms: 13
  • Entry Location: Foyer
  • Flooring: Other, Terrazzo, Wood
  • Furnished: Unfurnished
  • Living Area: 11855
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining, Other
  • Living Room Features: Family Room, Guest House, No Additional Rooms, Studio Apartment, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • Roof: Other
  • View: Bay, Ocean
  • Exterior Features: Lighting
  • Direction Faces: East
  • Lot Features: 4 To Less Than 5 Acre Lot
  • Other Structures: Guest House
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: BANYAN RIDGE CONDO
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Open Parking: Yes
  • Parking Features: Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 73894
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Exercise Room, Paved Road
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Coconut Grove
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-28-049-0010
  • Lot Size Sq Ft: 178150
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 134696

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $134,696 $6,534,000 -- --
2023 $134,696 $6,534,000 $0 $0
2022 $125,102 $6,050,000 $0 $0
2021 $117,236 $5,500,000 $0 $0
2020 $117,520 $5,500,000 $0 $0
2019 $117,785 $5,500,000 $0 $0
2018 $115,580 $5,500,000 $0 $0
2017 $116,893 $5,500,000 $0 $0
2016 $120,421 $5,500,000 $0 $0
2015 $111,556 $5,000,000 $0 $0
2014 $113,773 $5,000,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 For Sale $135,000,000 -- $11,388 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed $1,760,000 --
Warranty Deed $675,000 --
Warranty Deed $650,000 --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11614931

MIAMI REALTORS® MLS

APN: 01-4128-049-0010