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.
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