Hammock Lakefront opportunity ! Rarely available deep acre property beyond the guard gate in Banyan Estates with 147 foot southeast frontage on Hammock Lake 2. Gorgeous lot offers peace and serenity but near everything for convenience. .95 acre with existing 5 Br/4.5 bath 2-story charming pool home can be lived in, remodeled, or torn down for your dream home. All Pinecrest schools in Coral Gables.
Sold for $7,281,500
$7,281,500
5340 Banyan Dr, Coral Gables, FL 33156
5beds
5,690sqft
Single Family Residence
Built in 1951
0.95 Acres Lot
$7,279,500 Zestimate®
$1,280/sqft
$36,721 Estimated rent
Home value
$7,279,500
$6.41M - $8.30M
$36,721/mo
Zestimate® history
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$36,721/mo
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$36,721/mo
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$51,044/mo
Est. payment
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$51,044/mo
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List your homeWhat's special
Pool homeDeep acre property
Zillow last checked:
Listing updated:
Listed by:
Evan Goldman evan@goldmanresidential.com,
RE/MAX Advance Realty II,
Hazel Goldman 305-665-7383,
RE/MAX Advance Realty II
Bought with:
Evan Goldman, 3122806
RE/MAX Advance Realty II
Source: MIAMI,MLS#: A12015036
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Family Room
Heating
- Central, Electric, Zoned
Cooling
- Ceiling Fan(s), Central Air, Electric, Zoned
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Oven, Washer
- Laundry: Laundry Room
Features
- Built-in Features, Closet Cabinetry, Entrance Foyer, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Tile, Wood
- Doors: French Doors
- Windows: Blinds, Picture Window
Interior area
- Total structure area: 6,644
- Total interior livable area: 5,690 sqft
Property
Parking
- Parking features: Covered, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
- Entry location: Foyer
- Patio & porch: Patio
- Exterior features: Lighting
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Garden, Lake, Pool
- Has water view: Yes
- Water view: Lake
- Waterfront features: WF/Pool/No Ocean Access, Lake
- Frontage length: 147
Lot
- Size: 0.95 Acres
- Features: 3/4 To Less Than 1 Acre Lot, East Of US 1
Details
- Parcel number: 0351060030020
- Zoning: 0100
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- CBS Construction, Frame
- Roof: Flat Tile
Condition
- Year built: 1951
Utilities & green energy
- Sewer: Septic Tank
- Water: Municipal Water
Community & HOA
Community
- Features: Gated
- Subdivision: Hammock Lake No 2
HOA
- Has HOA: No
Location
- Region: Coral Gables
Financial & listing details
- Price per square foot: $1,280/sqft
- Tax assessed value: $5,356,242
- Annual tax amount: $36,750
- Date on market: 5/7/2026
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Sold | $7,281,500-13.3%$1,280/sqft |
Source:  MIAMI #A12015036 Report a problem | ||
| 6/23/2026 | Pending sale | $8,399,000$1,476/sqft |
Source: MIAMI #A12015036 Report a problem | ||
| 6/16/2026 | Listed for sale | $8,399,000$1,476/sqft |
Source: MIAMI #A12015036 Report a problem | ||
| 6/1/2026 | Pending sale | $8,399,000$1,476/sqft |
Source: MIAMI #A12015036 Report a problem | ||
| 5/7/2026 | Listed for sale | $8,399,000+1099.5%$1,476/sqft |
Source: MIAMI #A12015036 Report a problem | ||
| 1/28/2011 | Sold | $700,200$123/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,750 +11.1% | $1,456,990 +2.9% |
| 2024 | $33,089 +10.4% | $1,415,929 +3% |
| 2023 | $29,980 +0.2% | $1,374,689 +3% |
| 2022 | $29,913 +0.2% | $1,334,650 +3% |
| 2021 | $29,859 -8.3% | $1,295,777 +1.4% |
| 2020 | $32,570 +1.5% | $1,277,887 +2.3% |
| 2019 | $32,086 +34.6% | $1,249,157 +1.9% |
| 2018 | $23,846 | $1,225,866 +2.1% |
| 2017 | $23,846 +0.8% | $1,200,653 +2.1% |
| 2016 | $23,662 +2.4% | $1,175,958 +0.7% |
| 2015 | $23,107 -0.5% | $1,167,784 +0.8% |
| 2014 | $23,225 +2.6% | $1,158,516 +1.5% |
| 2013 | $22,642 +1.1% | $1,141,396 +4.8% |
| 2011 | $22,401 -7% | $1,089,629 +1.5% |
| 2010 | $24,099 +10.7% | $1,073,527 +5.2% |
| 2009 | $21,776 +8% | $1,020,089 +5.8% |
| 2007 | $20,167 -7.3% | $964,389 |
| 2006 | $21,755 | -- |
| 2005 | $21,755 +2.6% | -- |
| 2004 | $21,202 +4% | -- |
| 2003 | $20,394 +5.5% | -- |
| 2002 | $19,338 | -- |
| 2001 | $19,338 | -- |
Find assessor info on the county website
Neighborhood: 33156
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Nearby schools
GreatSchools rating
- 9/10Pinecrest Elementary SchoolGrades: PK-5Distance: 1 mi
- 8/10Palmetto Middle SchoolGrades: 6-8Distance: 3.2 mi
- 6/10Miami Palmetto Senior High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Pinecrest
- Middle: Palmetto
- High: Miami Palmetto
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$7,279,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$7,279,500
- Florida
- Miami-Dade County
- Coral Gables
- 33156
- 5340 Banyan Dr
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