$4,750,000
$2M PRICE DROP

12085 Banyan Rd North Palm Beach, FL 33408

Estimated payment $27,850/month

Total Views 16,211
5 Beds
5.5 Baths
6,174 Sq Ft
$769 Price per Sq Ft

Highlights

  • Gated with Attendant
  • Home Theater
  • 23,153 Sq Ft lot
  • William T. Dwyer High School Rated A-
  • Heated Spa
  • Vaulted Ceiling

About This Home

Don't miss this opportunity to live on Banyan Road in Seminole Landing - the most private location within this exclusive, gated oceanfront community. Situated on an expansive homesite, this uniquely designed home is perfect for a full renovation or a new build opportunity. This estate includes 5 bedrooms plus an office, 5 1/2 baths and a separate guest house with a club room, 6.5 car garage and a resort style pool with custom waterfall. Seminole Landing is ideally located in the heart of North Palm Beach. High end boutique shopping, elegant dining, world renowned golf courses and many cultural & sporting venues are located just minutes away! A must see!

Listing Agent

Michele Sousa

K2 Realty, Inc. (NPB) License #0600294 Listed on: 02/19/2024

Co-Listing Agent

Paul Kaneb

K2 Realty, Inc. (NPB) License #3070401

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,387

Year Built

  • Built in 1976

Lot Details

  • 0.53 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned RS

Parking

  • 7 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 6,174 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434134000007040

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Seminole Landing Subdivision
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,387

Year Built

Built in 1976

Lot Details

0

Parking

7

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PGA Blvd East to US 1 North to Seminole Gate.
  • Year Built: 1976
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Fireplace, High Ceilings, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Attic
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: Heated, In Ground
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 6174.0
  • Dining Room Type: Attic, Den, Family Room, In-Law Suite, Laundry, Media Room
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shake, Wood

Garage/Parking

  • Covered Parking Spaces: 7.0
  • Attached Garage: Yes
  • Garage Spaces: 7.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: In Garage, Laundry Tub
  • Security: Security System, Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00434134000007040
  • Lot Size: 1/2 to < 1 Acre,East of
  • Lot Size Sq Ft: 23153.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 19387.0

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 $9,977 $1,222,912 -- --
2023 $19,387 $1,187,293 $0 $0
2022 $19,287 $1,152,712 $0 $0
2021 $19,270 $1,119,138 $0 $0
2020 $19,175 $1,103,686 $0 $0
2019 $18,968 $1,078,872 $0 $0
2018 $18,015 $1,058,756 $0 $0
2017 $17,891 $1,036,979 $0 $0
2016 $9,161 $1,015,650 $0 $0
2015 $18,124 $990,331 $0 $0
2014 $18,182 $982,471 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Price Changed $4,750,000 -4.0% $769 / Sq Ft
02/11/2025 02/11/25 Price Changed $4,950,000 -13.9% $802 / Sq Ft
08/02/2024 08/02/24 Price Changed $5,750,000 -7.3% $931 / Sq Ft
05/16/2024 05/16/24 Price Changed $6,200,000 -7.5% $1,004 / Sq Ft
03/27/2024 03/27/24 Price Changed $6,700,000 -6.9% $1,085 / Sq Ft
02/22/2024 02/22/24 For Sale $7,200,000 -- $1,166 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $500,000 Credit Line Revolving
Closed $350,000 Credit Line Revolving
Closed $1,100,000 Unknown
Closed $200,000 Credit Line Revolving
Source: Public Records

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Source: BeachesMLS

MLS Number: R10962166

BeachesMLS

APN: 00-43-41-34-00-000-7040