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$8,399,000
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Property Description & Video
5340 Banyan Dr, Coral Gables, FLVideo Tour of 5340 Banyan Dr, Coral Gables, FL.
Hammock Lakefront opportunity ! Rarely available deep acre property beyond the guard gate in Banyan Estates with 147 foot southeast frontage on Hammock Lake 2. Gorgeous lot offers peace and serenity but near everything for convenience. .95 acre with existing 5 Br/4.5 bath 2-story charming pool home can be lived in, remodeled, or torn down for your dream home. All Pinecrest schools in Coral Gables.
Full Property Details
Full Property Details for 5340 Banyan Dr
General
- Price: $8,399,000
- Taxes: $36,750 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12015036
- Updated: 5/7/2026
- Added to Site: 11 day(s) ago
Interior
- Interior Features: Built-in Features, Closet Cabinetry, Entrance Foyer, French Doors, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Family Room, Utility Room/Laundry
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Primary Bathroom: Dual Sinks, Separate Tub & Shower
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: Primary Bedroom Upstairs
Other Rooms
- Living Room: Family Room, Utility Room/ Sq. Ft.
- Eat-in kitchen: Yes
- Dining Room: Eat-In Kitchen, Formal Dining
- Laundry: Utility Room/Laundry
Additional Information
- Pool: Yes
- Pool Description: In Ground, 20x40
Exterior
- Exterior Features: Lighting
- Deck/Patio: Patio
Parking
- Parking Features: Covered, Driveway
Location
- Area: Hammock Lake No 2
- County: Miami-Dade County
- Subdivision: HAMMOCK LAKE NO 2
- Building Name: HAMMOCK LAKE NO 2
- Direction Faces: Northwest
School Information
- Elementary School: Pinecrest
- Middle School: Palmetto
- High School: Miami Palmetto
Community
- Community Name: Hammock Lake No 2
- Gated community: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air, Electric, Zoned
- Heating Type: Central, Electric, Zoned
Utilities
- Sewer: Septic Tank
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, Two Story, Ranch
- Structure Type: House
- Detached/Attached: Detached
- Construction: CBS Construction, Frame
- Roof: Flat Tile
- Windows: Blinds, Picture Window
- Doors: French Doors
- Entry Location: Foyer
- Building Size: 6644
- Square Feet: 5,690
- Living Area: 5,690 Sq. Ft.
- Year Built: 1951
Lot Features
- Property View: Garden, Lake, Pool
- Lot Size (Sq. Ft.): 41,382
- Frontage Feet: 147
- Lot Features: 3/4 To Less Than 1 Acre Lot, East Of US 1
- Zoning: 100
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: WF/Pool/No Ocean Access, Lake
Financial Considerations
- Price Per Sq. Ft.: $1,476.1
- Tax Amount: $36,750
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 6 55 41 .95 AC HAMMOCK LAKE NO 2 PB 51-81 LOT 2 LOT SIZE IRREGULAR OR 12560-1480 0785 1 FAU 30-5106-003-0020
- Restrictions: Other Restrictions
- Inclusions: Other, Other Water Access
- Property ID: 03-51-06-003-0020
Listed by RE/MAX Advance Realty II
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Schools
Schools serving 5340 Banyan Dr
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Pinecrest Elementary School, Miami, FL 10250 Southwest 57th Avenue, Miami, FL 33156 | PK-5 | 1 mi |
Miami Palmetto Senior High School 7460 Sw 118th St, Miami, FL 33156 | 9-12 | 3 mi |
Palmetto Middle School 7351 Sw 128th St, Miami, FL 33156 | 6-8 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5340 Banyan Dr
Date
Details
Price
Change
Source
5/07/2026
Listed
$8,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5340 Banyan Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$36,750
11%
$1,456,990
3%
2024
$33,089
10%
$1,415,929
3%
2023
$29,980
—
$1,374,689
6%
2021
$29,859
—
$1,295,777
-3%
2022
$29,913
—
$1,334,650
4%
2021
$29,859
-7%
$1,277,887
2%
2019
$32,086
35%
$1,249,157
2%
2018
$23,846
1%
$1,225,866
2%
2017
$23,662
—
$1,200,653
2%
2016
$23,614
2%
$1,175,958
1%
2015
$23,107
-1%
$1,167,784
1%
2014
$23,225
—
$1,158,516
1%
2013
$23,281
—
$1,141,396
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5340 Banyan Dr
5340 Banyan Dr, Coral Gables, FL 33156 (MLS# A12015036) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 5340 Banyan Dr is currently listed for $8,399,000 and was received on May 07, 2026. Want to learn more about 5340 Banyan Dr? Do you have questions about finding other Single Family real estate for sale in Coral Gables? You can browse all Coral Gables real estate or contact a Coldwell Banker agent to request more information.

