Unimproved Land in 5600 Oakwood Lane, Coral Gables, FL 33156 for sale with MLS# A12102976

Set on a 31,272 SF (0.72-acre) corner lot in the exclusive, gated Banyan Drive neighborhood of Coral Gables, within the Snapper Creek Oaks subdivision and near prestigious Ponce-Davis. An intimate enclave of approximately 50 properties, Banyan Drive is experiencing a significant wave of luxury redevelopment, with 7 newly constructed estates since 2019 and at least 7 additional homes under development. This oversized corner lot, measuring approximately 224' x 141', offers the opportunity to build a custom luxury estate. Conceptual plans by Castillo Architecture & Planning envision a spectacular two-story residence with approximately 11,322 SF A/C and 13,268 SF total area, featuring 6 bedrooms plus staff quarters, home office, gym, home theater, game room, expansive entertaining areas, resort-style pool, and 3-car garage. The existing residence is livable and offers potential rental income while planning future development. Ideally located near South Miami, Coconut Grove, and Pinecrest.Renderings and plans are conceptual only and have not been submitted to or approved by the City of Coral Gables or Miami-Dade County. Buyer must independently verify zoning, development, permitting and approval requirements, as well as the status and transferability of existing permits.

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5600 Oakwood Lane, Coral Gables, FL 33156

Price
Price:
$6,000,000.00
Original List Price:
$6,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$191.3
List Price per Sq Ft (Calculated, Approx.):
$191.86
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
October 8, 2026 4:00 am
Other Special Conditions:
Subdivision Restrictions
Measures
Lot Size Dimensions and Info:
224x141
Lot Features:
Other, Corner Lot
Lot Size Acres:
0.72
Number of Lots:
1
Property Features
Waterfront:
No
Current Use:
Other, Single Family, Residential
Vegetation and Trees:
Other, Mostly Oaks
Property Entrance Faces:
North
Construction
Road Frontage Type:
Public Road
Possible Use:
Residential
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$58,606.00
Tax Year:
2025
Utilities
Sewer:
Septic Tank
Community
Subdivision Name:
SNAPPER CREEK OAKS
Senior Community:
No
Development Status:
Recorded Plat
Terms
Documents Available:
Survey
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
SNAPPER CREEK OAKS PB 97-37 LOT 1 BLK 1 LOT SIZE .712 AC FAU 30-5106-020-0010 OR 19741-3217 06/2001 1 COC 26537-2150 06 2008 5
Real Estate Folio Number (Parcel Number):
0351060200010
Zoning:
0100
Public Schools Assigned
Elementary School:
Lakewood Park
High School:
Miami Palmetto
Middle Or Junior School:
Palmetto
Listing History
Active on the market since:
October 8, 2026
Listing Agreement executed on:
October 8, 2026
Listing Status Last Changed On:
October 8, 2026 4:00 am
Photos updated on:
October 8, 2026 8:11 pm
Last Modified:
October 9, 2026 1:05 am
Additional Information
Courtesy of:
BHHS EWM Realty
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Oakwood
Street Number:
5600
City:
Coral Gables
State:
Florida
Zip Code:
33156
County:
Miami-Dade
Latitude:
N25° 41' 4.8''
Longitude:
W81° 42' 58.4''
Street Suffix:
Lane
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.