5 months on rocket

12085 Banyan Rd, North Palm Beach, FL, 33408

$5,750,000

Land

Location

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Property Highlights

ViewGarden
MLS #RX-10991665
StatusActive

About 12085 Banyan Rd

This lushly landscaped property is located in the most private location in all of Seminole Landing, a luxury, gated oceanfront community in the heart of North Palm Beach. Build your own custom dream home on this beautiful estate lot. Don't miss this opportunity!

Property Details

Property Features

Listing Office:

  • Office Name: K2 Realty, Inc. (NPB)
  • Office Phone: (561) 691-1223
  • Listing Agent: Michele Leigh Harden Sousa

Exterior Features

Exterior Information:

  • View: Garden

Virtual/3D Tour

  • Virtual Tour: 12085 Banyan Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Paved

Other

Directions Information:

  • Directions: PGA Blvd East to US 1 North to Seminole's Gated Entrance on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,750,000

Tax Information:

  • Annual Amount: $19,175
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in North Palm Beach, FL.

Med. Sold Price

$571K

Med. Price/SqFt

$379

Avg. Days On Market

86

# of Sold Homes

28

12085 Banyan Rd vs North Palm Beach

168 DAYS ON ROCKET

+82 Days

$5,750,000

+$5.1M More

KEY TAKEAWAY

This property is $5.1M more than the Median Sold Price in North Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10991665

Listing Office:

  • Office Name: K2 Realty, Inc. (NPB)
  • Office Phone: (561) 691-1223
  • Listing Agent: Michele Leigh Harden Sousa

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: 11/15/2024, 1:14:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$19,175$1,103,686
2019$18,967$1,078,872
2018$18,015$1,058,756
2017$17,891$1,036,979

History based on county public records data.

Payment Calculator

$28.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.3K

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NMLS#3030

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-370282
5
/10
  • Allamanda Elementary School

  • 10300 Allamanda Dr

  • 2.51 miles

  • Public Magnet Grades PK-5

school-card-donut-370283
7
/10
  • Palm Beach Gardens Elementary School

  • 10060 Riverside Dr

  • 3.32 miles

  • Public Magnet Grades PK-5

school-card-donut-370284
9
/10
  • Beacon Cove Intermediate School

  • 150 Schoolhouse Rd

  • 3.91 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $177,333. Typical income of North Palm Beach, FL residents is $200k+ annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12085 Banyan Rd

What is the listing price of this property?

The listing price of 12085 Banyan Rd property is $5,750,000.

What type of property is this?

The property 12085 Banyan Rd is land located in North Palm Beach, Florida, 33408.

Is this property for sale now?

Active Listing: 12085 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 $19,175 (source: MLS/based on county public records data).
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Rocket HomesFloridaPalm Beach CountyNorth Palm Beach3340812085 Banyan Rd

This home is located at 12085 Banyan Rd in North Palm Beach, FL and zip code 33408 in the Lost Tree Village neighborhood. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $5,750,000.

While more than 1 listings in North Palm Beach, FL in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 24 were sold below. The number of homes for sale in North Palm Beach, FL increased by 7.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 86 days, the median list price was $571,000.

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

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