4 months on rocket

1191 Banyan Rd, Boca Raton, FL, 33432

$4,995,000

4 Bedrooms
4 Full Baths, 2 Partial
4,469 SqFt
$1,118/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDrive - Circular, Drive - Decorative, Driveway, Garage - Attached
Attached Garage3 spaces
Year Built2002
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceFireplace(s)
Private PoolYes
MLS #RX-11003125
StatusActive

About 1191 Banyan Rd

Experience luxury living within the esteemed enclave of The Estates of Spanish River Land. This stunning 2002 single-level concrete block home stands as a masterpiece, boasting an expansive layout of nearly 6,400 square feet under roof and almost 4,500 square feet under air. Positioned on an oversized corner lot measuring 100' x 160', the property encompasses a total of 16,000 square feet, offering ample space for privacy and relaxation. Designed by Carlos Martin, this Southern European-inspired home features soft vanilla stucco, a barrel-tiled roof, and an oversized pool-side loggia. Inside, natural stone flooring, 15-foot high detailed ceilings, and expansive open areas ensure a seamless flow between indoor and outdoor living spaces, catering to the lifestyle of the well-traveled buyer.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Spanish
  • Year Built: 2002
  • Stories: 1
  • Living Area: 4,469 SqFt

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Megann Lucaj PA

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer, Electric Water Heater
  • Flooring Type: Carpet, Marble
  • Interior: Bar, Closet Cabinets, Decorative Fireplace, Fireplace(s), Foyer, French Door, Kitchen Island, Pantry, Roman Tub, Split Bedroom, Volume Ceiling, Walk-in Closet
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • Exterior: Auto Sprinkler, Built-in Grill, Cabana, Covered Balcony, Covered Patio, Summer Kitchen

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Drive - Circular, Drive - Decorative, Driveway, Garage - Attached

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Federal Hwy, head East on E Camino Real, make a right (South) on Banyan...house will be on the Right at the corner of Banyan Rd. and Desoto Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,995,000
  • Price Per SqFt: $1,118/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $35,755
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Boca Raton, FL.

Med. Sold Price

$631.9K

Med. Price/SqFt

$341

Avg. Days On Market

74

# of Sold Homes

232

1191 Banyan Rd vs Boca Raton

126 DAYS ON ROCKET

+52 Days

$4,995,000

+$4.3M More

$1,118/SqFt

+$777 More

KEY TAKEAWAY

This property is $4.3M more than the Median Sold Price and $777/SqFt more than other homes in Boca Raton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11003125

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Megann Lucaj PA

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 14, 2013Home Sold
$1,375,000
Jun 14, 2007Home Sold
$2,350,000
Jun 30, 2005Home Sold
$2,525,000
Feb 21, 2003Home Sold
$1,480,000
Apr 21, 2000Home Sold
$352,000

Tax History

YEARPROP. TAXASSESSMENT
2020$35,755$1,962,390
2019$42,125$2,184,292
2018$35,567$1,985,720
2017$35,101$1,928,573

History based on county public records data.

Payment Calculator

$24.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-189918
5
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 1.25 miles

  • Public Magnet Grades KG-5

school-card-donut-189919
9
/10
  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 1.44 miles

  • Public Charter Grades KG-5

school-card-donut-189920
5
/10
  • Deerfield Beach Elementary School

  • 650 NE 1st St

  • 1.53 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,333. Residents of Boca Raton, FL typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1191 Banyan Rd

What is the listing price of this property?

The listing price of 1191 Banyan Rd property is $4,995,000.

What type of property is this?

The property 1191 Banyan Rd is a house located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 1191 Banyan Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $35,755 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 14, 2013 for $1,375,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1191 Banyan Rd has 4 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 1191 Banyan Rd is 4,469 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1191 Banyan Rd is 2002.
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Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›1191 Banyan Rd

This home is located at 1191 Banyan Rd in Boca Raton, FL and zip code 33432 in the The Estates neighborhood. This 4,469 square foot home was built in 2002. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $4,995,000.

In October 2024 more than 11 listings in Boca Raton, FL were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 193 were sold below. Between September 2024 and October 2024, Boca Raton, FL real estate market has seen increase in the number of listings by 3.9%. In October 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $631,981.

From Rocket Homes Real Estate and based on county public records data.

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