6 months on rocket

12423 Banyan Rd, North Palm Beach, FL, 33408

$14,800,000

5 Bedrooms
6 Full Baths, 1 Partial
6,414 SqFt
$2,307/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Drive - Circular, Garage - Attached
Attached Garage5 spaces
Year Built1999
HeatingCentral
CoolingCentral Air
WaterfrontCanal, Intracoastal
FireplaceFireplace(s)
ViewGarden, Lagoon, Pool
Private PoolYes
MLS #RX-10996626
StatusActive

About 12423 Banyan Rd

Discover unparalleled luxury in the prestigious enclave of Seminole Landing, where security and privacy meet seaside elegance. Spanning over 6,400 square feet of exquisitely crafted living space, this stunning estate offers a rare blend of comfort and sophistication.Upon arrival, a double gated circular driveway and expansive motor court set the stage for grand entertaining, while a fully air-conditioned 5-car garage ensures safekeeping for your prized vehicles. Step inside to find multiple living areas adorned with marble floors and soaring coffered ceilings, complemented by master crafted wood inlays--a testament to meticulous craftsmanship. The gourmet kitchen features double islands with marble countertops, 60'' Subzero refrigerators, and a

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1999
  • Stories: 2
  • Living Area: 6,414 SqFt

Listing Office:

  • Office Name: The Agency
  • Office Phone: (561) 465-8500
  • Listing Agent: Joy Kairalla

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Dishwasher, Dryer, Freezer, Generator Hookup, Microwave, Gas Range, Refrigerator, Washer
  • Flooring Type: Carpet, Marble, Wood Floor
  • Interior: Closet Cabinets, Entry Lvl Lvng Area, Fireplace(s), Foyer, French Door, Kitchen Island, Roman Tub, Split Bedroom, Upstairs Living Area, Volume Ceiling, Walk-in Closet
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal, Intracoastal
  • View: Garden, Lagoon, Pool
  • Exterior: Auto Sprinkler, Built-in Grill, Covered Balcony, Covered Patio, Deck

Parking Information:

  • Garage Space: 5 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Drive - Circular, Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 12423 Banyan Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Paved

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 1 mile north of PGA Blvd on US HWY 1. Head east on PGA from I 95 on US 1. Seminole Landing is on right. Gate access.

Price Information

Listing Price Info

Price Summary:

  • List Price: $14,800,000
  • Price Per SqFt: $2,307/SqFt

HOA Fees:

  • Amount: $700
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $72,556
  • 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

$549.9K

Med. Price/SqFt

$371

Avg. Days On Market

119

# of Sold Homes

16

12423 Banyan Rd vs North Palm Beach

191 DAYS ON ROCKET

+72 Days

$14,800,000

+$14.2M More

$2,307/SqFt

+$1.9K More

KEY TAKEAWAY

This property is $14.2M more than the Median Sold Price and $1.9K/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-10996626

Listing Office:

  • Office Name: The Agency
  • Office Phone: (561) 465-8500
  • Listing Agent: Joy Kairalla

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: 12/26/2024, 3:20:51 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

Oct 27, 2020Home Sold
$6,800,000
Oct 17, 2019Home Sold
$5,156,000
Feb 06, 2013Home Sold
$3,610,000
Aug 03, 2010Home Sold
$4,500,000
Feb 05, 2007Home Sold
$3,650,000
Mar 11, 2000Home Sold
$3,450,000
Sep 11, 1998Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2020$72,556$4,090,535
2019$62,135$3,496,634
2018$59,096$3,431,437
2017$58,813$3,360,859

History based on county public records data.

Payment Calculator

$74.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$44.4K

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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.

Nearby Schools

school-card-donut-1592797
5
/10
  • Allamanda Elementary School

  • 10300 Allamanda Dr

  • 2.69 miles

  • Public Magnet Grades PK-5

school-card-donut-1592798
7
/10
  • Palm Beach Gardens Elementary School

  • 10060 Riverside Dr

  • 3.46 miles

  • Public Magnet Grades PK-5

school-card-donut-1592799
9
/10
  • Beacon Cove Intermediate School

  • 150 Schoolhouse Rd

  • 3.65 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. Residents of North Palm Beach, FL typically earn $200k+ each year. Most families are 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 12423 Banyan Rd

What is the listing price of this property?

The listing price of 12423 Banyan Rd property is $14,800,000.

What type of property is this?

The property 12423 Banyan Rd is a house located in North Palm Beach, Florida, 33408.

Is this property for sale now?

Active Listing: 12423 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 $72,556 (source: MLS/based on county public records data).

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

The last sale was on October 27, 2020 for $6,800,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12423 Banyan Rd has 5 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 12423 Banyan Rd is 6,414 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12423 Banyan Rd is 1999.
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Rocket Homes›Florida›Palm Beach County›North Palm Beach›33408›12423 Banyan Rd

This home is located at 12423 Banyan Rd in North Palm Beach, FL and zip code 33408 in the Seminole Golf Club neighborhood. This 6,414 square foot home was built in 1999. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $14,800,000.

In November 2024, from all listings sold in North Palm Beach, FL there were more than 0 sold above asking price, over 13 sold below and more than 3 were sold right at the asked price. The number of homes for sale in North Palm Beach, FL increased by 8% between October 2024 and November 2024. In November 2024, listings were on the market for 119 days. During the same period, the median list price in this real estate market was $549,933.

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

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