19 days on rocket

12088 Banyan Rd, North Palm Beach, FL, 33408

$59,500,000

9 Bedrooms
12 Full Baths, 5 Partial
18,852 SqFt
$3,156/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Attached
Attached Garage9 spaces
Year Built2008
HeatingCentral, Electric, Zoned
CoolingCentral Air, Electric, Zoned
WaterfrontOcean Front
FireplaceFireplace(s)
ViewOcean
Private PoolYes
MLS #RX-11028950
StatusActive

About 12088 Banyan Rd

Nestled on a secluded stretch of Seminole beach and lining the azure waters of the Atlantic Ocean stands one of South Florida's most prestigious double gated oceanfront estates, Bel Viaggio. Boasting 190+/- ft. of ocean frontage and situated on approx. 2.9+/- acres of land this custom 9 bedroom 12 full and 5 half bath estate is tucked away in the North Palm Beach neighborhood of Seminole Landing, one of the only private gated oceanfront communities in the country. Artful thought and design went into every space of this seamless 37,000+/- floorplan of total sq. ft. maximizing the stunning ocean views and immaculate grounds. Curated by architect and Palm Beach preservationist, Gene Pandula, interior designer Ray Clark and master landscape architect, Howard Ostrout Jr.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 2008
  • Stories: 2
  • Living Area: 18,852 SqFt

Listing Office:

  • Office Name: Douglas Elliman (Palm Beach)
  • Office Phone: (561) 655-8600
  • Listing Agent: Christopher Leavitt

Interior Features

Interior Information:

  • Appliances: Central Vacuum, Dishwasher, Dryer, Freezer, Generator Hookup, Microwave, Gas Range, Refrigerator, Washer
  • Flooring Type: Carpet, Marble, Tile, Wood Floor
  • Interior: Elevator, Fireplace(s), French Door, Pantry, Walk-in Closet, Wet Bar
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 5
  • Full Bathrooms: 12
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Ocean Front
  • View: Ocean
  • Exterior: Auto Sprinkler

Parking Information:

  • Garage Space: 9 spaces
  • Attached Garage: Yes
  • Parking: Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 12088 Banyan Rd
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Utilities

Utilities Information:

  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Electric, Zoned

School Info

Assigned Schools Information:

  • William T. Dwyer High School, Public Magnet Grades 9-12
  • Howell L. Watkins Middle School, Public Magnet Grades 6-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $59,500,000
  • Price Per SqFt: $3,156/SqFt

HOA Fees:

  • Amount: $1266
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $417,867
  • 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

12088 Banyan Rd vs North Palm Beach

19 DAYS ON ROCKET

-67 Days

$59,500,000

+$58.9M More

$3,156/SqFt

+$2.7K More

KEY TAKEAWAY

This property is $58.9M more than the Median Sold Price and $2.7K/SqFt more than other homes in North Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11028950

Listing Office:

  • Office Name: Douglas Elliman (Palm Beach)
  • Office Phone: (561) 655-8600
  • Listing Agent: Christopher Leavitt

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: 11/5/2024, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 14, 2021Home Sold
$39,500,000
May 25, 2001Home Sold
$3,900,000

Tax History

YEARPROP. TAXASSESSMENT
2020$417,867$23,671,027
2019$338,357$18,967,652
2018$321,973$18,613,986
2017$320,666$18,231,132

History based on county public records data.

Payment Calculator

$298.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$178.4K

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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.

Middle School

school-card-donut-1914800
2
/10
  • Howell L. Watkins Middle School

  • 9480 Macarthur Blvd

  • 3.66 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1914801
5
/10
  • William T. Dwyer High School

  • 13601 N Military Trl

  • 4.04 miles

  • Public Magnet Grades 9-12

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. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12088 Banyan Rd

What is the listing price of this property?

The listing price of 12088 Banyan Rd property is $59,500,000.

What type of property is this?

The property 12088 Banyan Rd is a house located in North Palm Beach, Florida, 33408.

Is this property for sale now?

Active Listing: 12088 Banyan Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 12088 Banyan Rd are:
Howell L. Watkins Middle School: GreatSchools Rating 2/10
William T. Dwyer High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $417,867 (source: MLS/based on county public records data).

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

The last sale was on June 14, 2021 for $39,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12088 Banyan Rd has 9 bedrooms and 12 full and 5 half bathrooms.

What is the square footage of this property?

The property 12088 Banyan Rd is 18,852 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12088 Banyan Rd is 2008.
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Rocket Homes›Florida›Palm Beach County›North Palm Beach›33408›12088 Banyan Rd

This home is located at 12088 Banyan Rd in North Palm Beach, FL and zip code 33408 in the Seminole Golf Club neighborhood. This 18,852 square foot home was built in 2008. Features: 9 bedrooms, 17 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $59,500,000.

Over 1 listings were sold over their listed price in October 2024 in North Palm Beach, FL. In the same period over 24 listings were sold below the listed price and 3 listings were sold for the listed price. Between September 2024 and October 2024, North Palm Beach, FL real estate market has seen increase in the number of listings by 7.4%. In October 2024 median list price was $571,000 and the average listing age was 86 days.

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

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