NOT LISTED FOR SALE

916 NE Banyan Tree Dr Jensen Beach, FL 34957

Rio Neighborhood

Estimated Value: $842,000 - $1,675,000

2 Beds
2 Baths
2,238 Sq Ft
$608/Sq Ft Est. Value

Sale Details

Date Sold: December 4, 2018

Last sale price $875,000 $391 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,888 / mo

8 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Solar Heated In Ground Pool
  • Felix A. Williams Elementary School Rated A-
  • Intracoastal View
  • Deck

About This Home

As of December 2018

WIDE WATER BRAND NEW HOME (1470 under air 2/2/2) WITH GUEST HOUSE (768 under air 1/1) AND WORKSHOP!! Discover this HIDDEN GEM located in Jensen Beach! This home was just built and has AMAZING views of the wide Saint Lucie River. SOLID CONCRETE block construction with IMPACT GLASS WINDOWS and DOORS! Features include New spray foam insulation in home/garage/shed for super energy efficiency, Hardiboard siding, Gutters, 5 1/2 inch crown molding in every room, Viking 48 gas range 4 burner grill and griddle, GE professional SS appliances, Level 3 granite in kitchen and bathrooms, Kitchen - Touchless faucet, Porch 10x40 w/white wash tongue and grove ceiling and kitchen bar, Wood like tile 6x36, 600 sq ft double car garage with hurricane door, fully air conditioned workshop, Remotes on dock so you you can raise and lower with a key fob (on both 8000lb lift Jetski 12000 lift boat) , approx 5ft deep at dock, Salt water pool/Solar heated, Guest House/Cottage with 1bed/1ba kitchen and living room!

Last Agent to Sell the Property

Joseph Sabato

Keller Williams Realty Of The Treasure Coast License #3142347 Listed on: 10/16/2018

Keller Williams Realty Of The Treasure Coast

Last Buyer's Agent

Blake Miller

Water Pointe Realty Group License #3211582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,080

Year Built

  • Built in 1955

Lot Details

  • 15,524 Sq Ft Lot
  • Lot Dimensions are 108 x 262
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • North Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • River

Home Design

  • Florida Architecture
  • Aluminum Roof

Interior Spaces

  • 2,238 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Florida or Dining Combination
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Solar Heated In Ground Pool
  • Saltwater Pool
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • Seawall
  • Deck
  • Covered Patio or Porch
  • Outdoor Living Area

Schools

  • Felix A. Williams Elementary School
  • Stuart Middle School
  • Jensen Beach High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Banyan Terrace Cottages Subdivision

Listing and Financial Details

  • Assessor Parcel Number 333741001000000104

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,080

Year Built

Built in 1955

Lot Details

0.36 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Dixie Hwy, rt on Banyan to end home on right.
  • Year Built: 1955
  • Architectural Style: Florida
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Family/Dining Room, Main Level Primary, Pantry, Separate Shower, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Entry Level Living Area Y
  • Flooring: Laminate
  • Living Area: 2238.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Intercoastal, River
  • Fencing: Fenced
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: In Ground, Pool Equipment, Solar Heat, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, Ocean Access, River Front, Seawall
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Patio And Porch Features: Covered, Deck, Patio
  • Property Condition: Resale
  • Roof: Aluminum

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Schools

  • Elementary School: Felix A. Williams
  • High School: Jensen Beach
  • Middle Or Junior School: Stuart

Lot Info

  • Parcel #: 333741001000000104
  • Lot Size Acres: 0.36
  • Lot Size: 108 x 262
  • Lot Size Sq Ft: 15681.6
  • Mobile Dim Units: Feet
  • Zoning: SFR

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7080.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2018
Closed on
Nov 4, 2018
Sold by
Dixon George W and Dericco Kathy S
Bought by
Labanowitz Stanley and Labanowitz Caroline C
Seller's Agent
Joseph Sabato
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Blake Miller
Water Pointe Realty Group
List Price
$839,000
Sold Price
$875,000
Premium/Discount to List
$36,000
4.29%
Current Estimated Value
$1,298,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,842
Avg. Annual Appreciation
6.15%
Original Mortgage
$582,187
Outstanding Balance
$507,865
Interest Rate
4.8%
Mortgage Type
VA
Estimated Equity
$851,808

Purchase Details

Listed on
Mar 8, 2017
Closed on
May 31, 2017
Sold by
Munne Rafael and Shaal Munne Barbara
Bought by
Dixon George W and Dericco Kathy S
Seller's Agent
Joel Mulach
INI Realty
Buyer's Agent
Joel Mulach
INI Realty
List Price
$549,000
Sold Price
$450,000
Premium/Discount to List
-$99,000
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.33%

Purchase Details

Closed on
May 23, 2016
Sold by
Hawken Charles A and Hawken Mary Susan
Bought by
Munne Rafael and Schaal Munne Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 1987
Bought by
Munne Rafael and Schaal-Munne Barbara

Purchase Details

Closed on
Jan 1, 1901
Bought by
Munne Rafael and Schaal-Munne Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Labanowitz Stanley $875,000 Attorney
Dixon George W $450,000 First Internatioanl Title In
Munne Rafael $425,000 None Available
Munne Rafael $100 --
Munne Rafael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labanowitz Stanley $582,187
Previous Owner Munne Rafael $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2018 12/04/18 Sold $875,000 +4.3% $391 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
10/16/2018 10/16/18 For Sale $839,000 +86.4% $375 / Sq Ft
05/31/2017 05/31/17 Sold $450,000 -18.0% $326 / Sq Ft View Prior Sale
05/01/2017 05/01/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $549,000 -- $398 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $12,012 $766,793 -- --
2024 $11,809 $745,183 -- --
2023 $11,809 $723,479 $0 $0
2022 $11,421 $702,407 $0 $0
2021 $11,493 $681,949 $0 $0
2020 $11,350 $672,534 $0 $0
2019 $12,938 $713,790 $360,000 $353,790
2018 $5,244 $335,643 $0 $0
2017 $6,771 $400,690 $342,000 $58,690
2016 $3,516 $228,842 $0 $0
2015 $3,339 $227,251 $0 $0
2014 $3,339 $225,448 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Sabato

    Seller's Agent in 2018

    Joseph Sabato

    Keller Williams Realty Of The Treasure Coast

    (772) 486-7600

    2 in this area

    240 Total Sales

    Joseph Sabato
    Section Image
  • Blake Miller

    Buyer's Agent in 2018

    Blake Miller

    Water Pointe Realty Group

    (901) 296-0663

    1 in this area

    77 Total Sales

    Blake Miller
    Section Image

  • J

    Seller's Agent in 2017

    Joel Mulach

    INI Realty

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10473131

BeachesMLS (Greater Fort Lauderdale)

APN: 33-37-41-001-000-00010-4

Florida Martin County Jensen Beach 34957 Rio

916 NE Banyan Tree Dr, Jensen Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) 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.

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