Home in 5340 Banyan Drive, Coral Gables, FL 33156 with MLS# A12015036

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.

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5340 Banyan Drive, Coral Gables, FL 33156

Price
Price:
$8,399,000.00
Original List Price:
$8,399,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,279.7
Close Price:
$7,281,500.00
Transaction closed on:
July 22, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
July 22, 2026 4:00 am
Other Special Conditions:
Sold As-is, Disclosure
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
5
Full Bath:
4
Half Bath:
1
Room Type:
Laundry, Family Room
Master Bedroom Bath:
Master Bdrm - Upstairs, Separate Shower, Dual Sinks, Separate Tub
Dining Area:
Formal Dining, Eat-in Kitchen
Measures
Living Area:
5,690 Sqft
Built-Up Area:
6,644 Sqft
Lot Size Dimensions and Info:
.95 acre
Lot Size Acres:
0.95
Property Features
View from the Property:
Lake, Pool, Garden
Waterfront:
Yes
Waterfront Features:
Lake Front, Other
Frontage Length:
147
Private Pool
Swimming Pool Features:
In Ground
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Oven
Interior:
Pantry, Walk-In Closet(s), Closet Cabinetry, Vaulted Ceiling(s), Entrance Foyer, Built-in Features
Exterior:
Lighting
Patio and Porch:
Patio
Windows:
Blinds, Other
Doors:
French Doors
Air Conditioning
Air Conditioning System:
Zoned, Central Air, Ceiling Fan(s), Electric
Heating
Heating System:
Central, Electric, Zoned
Property Entrance Faces:
Northwest
Sprinkler Description:
Auto Sprinkler, Well Sprinkler
Construction
Year Built:
1951
Roof:
Flat, Tile
Architectural Style:
Ranch
Levels:
Two
Construction Materials:
Frame, CBS
Flooring:
Tile, Wood
Number of stories:
2
Road Frontage Type:
Public Road, East of US-1
Flood Zone Code:
AH,AE,X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$36,750.00
Tax Year:
2025
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Driveway, Covered
Utilities
Sewer:
Septic Tank
Water Source:
Public
Community
Amenities Provided by the Homeowner's Association (HOA):
Gated
Subdivision Name:
HAMMOCK LAKE NO 2
Senior Community:
No
Restrictions:
Other Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
6 55 41 .95 AC HAMMOCK LAKE NO 2 PB 51-81 LOT 2 LOT SIZE IRREGULAR OR 12560-1480 0785 1 FAU 30-5106-003-0020
Real Estate Folio Number (Parcel Number):
0351060030020
Zoning:
0100
Public Schools Assigned
Elementary School:
Driftwood
High School:
Miami Palmetto
Middle Or Junior School:
Palmetto
Listing History
Active on the market since:
June 16, 2026
Listing Agreement executed on:
May 7, 2026
Purchase Contract Date:
June 23, 2026
Listing Status Last Changed On:
July 22, 2026 4:00 am
Photos updated on:
July 23, 2026 5:23 pm
Last Modified:
July 23, 2026 5:23 pm
Additional Information
Courtesy of:
RE/MAX Advance Realty II
Attribution:
Not provided
Location
Street Name:
Banyan
Street Number:
5340
City:
Coral Gables
State:
Florida
Zip Code:
33156
County:
Miami-Dade
Latitude:
N25° 41' 19.9''
Longitude:
W81° 43' 12.2''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $134,720
Median Home Value $1,063,100
Median Rent $1,936/mo
Median Age 42
Population 32,708
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.