Landlord's Agent in 2023
Tere Shelton Bernace
Shelton and Stewart REALTORS
(305) 607-7212
6 in this area
92 Total Sales
5500 Banyan Dr Coral Gables, FL 33156
Gables Estates NeighborhoodEstimated Value: $6,257,000 - $7,623,000
4
Beds
4
Baths
4,384
Sq Ft
$1,636/Sq Ft
Est. Value
Highlights
- Lake Front
- Private Dock
- Garage Apartment
- Pinecrest Elementary School Rated A
- In Ground Pool
- 2-minute walk to Banyan Drive Park
About This Home
As of July 2023Privacy and serenity abound in this lake-front gated acre home in gated Hammock Lakes 2. Large living, dining and family room framed by pool patio and lake views. 3/3 bedroom wing in main home plus 1/1 convertible, plus office and built in bar room. 3 car garage or 1/1 garage apartment plus 2 car garage. Expansive and private grounds from which to enjoy pool and lake. Rental availible for 6 months, until year end 2023.
Last Agent to Rent the Property
Shelton and Stewart REALTORS License #3218871 Listed on: 05/12/2023
Last Renter's Agent
Shelton and Stewart REALTORS License #3218871 Listed on: 05/12/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1957
Lot Details
- 1.02 Acre Lot
- 158 Ft Wide Lot
- Lake Front
- Fenced
- Property is zoned 0100
Parking
- 3 Car Garage
- Garage Apartment
- Guest Parking
- On-Street Parking
- Open Parking
Property Views
- Lake
- Garden
Home Design
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 4,384 Sq Ft Home
- 1-Story Property
- Built-In Features
- Bar
- Fireplace
- Blinds
- Formal Dining Room
- Washer
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Gas Range
- Dishwasher
- Cooking Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Closet Cabinetry
- Maid or Guest Quarters
- In-Law or Guest Suite
- 4 Full Bathrooms
Home Security
- Clear Impact Glass
- High Impact Door
Outdoor Features
- In Ground Pool
- Private Dock
- Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Property Available on 5/15/23
- Short Term Lease Lease Term
- Assessor Parcel Number 03-51-06-004-0100
Community Details
Overview
- No Home Owners Association
- 1Staadd Hammock Lake 2 Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2022
Closed on
Nov 30, 2022
Sold by
Norman Irrevocable Trust
Bought by
5500 Banyan Llc
Seller's Agent
Comp Sale
Comp Only Sales
Buyer's Agent
Tere Shelton Bernace
Shelton and Stewart REALTORS
Sold Price
$6,250,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$922,249
Avg. Annual Appreciation
4.23%
Original Mortgage
$4,000,000
Outstanding Balance
$3,878,884
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$3,293,365
Purchase Details
Closed on
Apr 18, 2008
Sold by
Sanchez Laura Rivero
Bought by
Blanchard Cisneros James and Blanchard Cisneros Roberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,775,000
Interest Rate
6.08%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 10, 2001
Sold by
Armando M Rouco M and Armando Maria E
Bought by
Sanchez Laura R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 5500 Banyan Llc | $6,250,000 | -- | |
| Blanchard Cisneros James | $3,400,000 | Attorney | |
| Sanchez Laura R | $2,500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 5500 Banyan Llc | $4,000,000 | |
| Previous Owner | Blanchard Cisneros James | $1,775,000 | |
| Previous Owner | Sanchez Laura R | $850,000 | |
| Previous Owner | Sanchez Laura R | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/17/2023 07/17/23 | Rented | $10,000 | -32.9% | -- | |
| 07/07/2023 07/07/23 | Under Contract | -- | -- | -- | |
| 05/18/2023 05/18/23 | Price Changed | $14,900 | -16.8% | $3 / Sq Ft | |
| 05/12/2023 05/12/23 | For Rent | $17,900 | 0.0% | -- | |
| 12/01/2022 12/01/22 | Sold | $6,250,000 | -- | $1,426 / Sq Ft | View Prior Sale |
Source: MIAMI REALTORS® MLS
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 | $115,671 | $5,575,810 | -- | -- |
| 2024 | $101,650 | $5,767,949 | -- | -- |
| 2023 | $101,650 | $5,243,590 | $4,220,945 | $1,022,645 |
| 2022 | $59,652 | $2,680,392 | $0 | $0 |
| 2021 | $53,098 | $2,436,720 | $1,866,102 | $570,618 |
| 2020 | $64,449 | $2,870,253 | $2,297,083 | $573,170 |
| 2019 | $62,648 | $2,872,805 | $2,297,083 | $575,722 |
| 2018 | $51,223 | $2,875,357 | $2,297,083 | $578,274 |
| 2017 | $47,857 | $2,246,368 | $0 | $0 |
| 2016 | $48,056 | $2,042,153 | $0 | $0 |
| 2015 | $43,506 | $1,856,503 | $0 | $0 |
| 2014 | $40,447 | $1,889,247 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tere Shelton Bernace
-
Comp Sale
C
Seller's Agent in 2022
Comp Sale
Comp Only Sales
(305) 468-7000
2 in this area
853 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11385372
APN: 03-5106-004-0100
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 5390 Banyan Dr
- 8800 SW 57th Ave
- 5355 Hammock Dr
- 5680 SW 86th St
- 8525 SW 54th Ct
- 5811 SW 88th St
- 5600 Oakwood Ln
- 5700 SW 86th St
- 5845 SW 88th St
- 5771 SW 94th St
- 5400 Kerwood Oaks Dr
- 5850 SW 93rd St
- 9506 SW 57th Ave
- 9205 SW 59th Ave
- 5100 SW 86th St
- 8400 SW 52nd Ave
- 8301 SW 53rd Ave
- 9325 SW 59th Place
- 5865 SW 96th St
- 5002 SW 86th St
- 5520 Banyan Dr
- 5450 Banyan Dr
- 5420 Banyan Dr
- 5690 Banyan Dr
- 5420 Banyan Dr
- 5450 N Kendall Dr
- 5441 Banyan Dr
- 5410 Banyan Dr
- 5505 SW 88th St
- 9055 Banyan Dr
- 9125 Banyan Dr
- 5505 5505 N Kendall Dr
- 5505 N Kendall Dr
- 5455 N Kendall Dr
- 5505 SW 88th St
- 5495 Hammock Dr
- 5495 Hammock Ln
- 5485 Hammock Dr
- 5401 Banyan Dr
- 5435 N Kendall Dr
Your Personal Tour Guide
Ask me questions while you tour the home.