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5390 Banyan Dr, Coral Gables, FL, 33156 | $11,500,000
Welcome to an enchanting lakefront residence nestled within the prestigious gated enclave of Banyan Drive in Coral Gables. Remodeled in 2024, this spectacular contemporary estate offers 6, 239 square feet under air, w/7, 611 total square feet, set on over an acre of lush grounds graced w/majestic oak trees & sweeping water views. Hand-picked by the owner for its expansive lake vistas & the pleasure of continuous prevailing breezes, this elevated architectural masterpiece harmonizes seamlessly w/its natural surroundings & features an exceptionally low carbon footprint. Warm wood floors, brand-new chef’s kitchen, new spa-inspired baths, & multiple entertaining spaces create a refined yet relaxed atmosphere. Each room is thoughtfully designed to capture abundant natural light & frame breathtaking views of the tranquil lake & verdant landscape. The home’s exceptional orientation & generous outdoor areas make it ideal for both intimate gatherings & grand-scale entertaining w/indoor & outdoor surround sound. Experience nature’s beauty w/early morning sails & sunset kayak rides from your own backyard, embracing a lifestyle that blends elegance, comfort, & recreation. Ideally located near Miami’s finest private schools, this Coral Gables address is uniquely served by Pinecrest Elementary, offering an exceptional educational advantage. This remarkable residence embodies a lifetime of elegance, serenity, & distinction in one of the most coveted lakefront settings. A Very Special Home.
Features
- Bedrooms: 5
- Baths: 6 full / 1 half
- Style: Detached,Two Story
- Year Built: 1996
- Garage: 2-car Attached,Driveway,Garage,Paver Block,On Street
- Heating: Central,Electric
- Cooling: Central Air,Ceiling Fan(s),Electric
- Approx Sq. Feet: 6,239
- Est. Taxes: $53,249
- Lot Desc: 1-2 Acres,Sprinklers Automatic,Sprinkler System
- View: Garden,Lake,Pool
- Water Front: Yes
- Elem. School: Pinecrest
- Middle School: Palmetto
- High School: Miami Palmetto
- Pets Allowed: Yes
- Pet Policy: No Pet Restrictions,Yes
- Appliances: Built-In Oven,Dryer,Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer
- MLS#: A11902400
- Days on Market: 182 days
- Website: https://www.raveis.com
/eprop/A11902400/5390banyandr_coralgables_fl?source=qrflyer
Listing courtesy of Compass Florida, LLC. Phone: 305-697-2904
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5390 Banyan Dr, Coral Gables, FL, 33156
$11,500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $9,200,000 | $9,200,000 | $9,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.349% | 6.183% |
| Monthly Tax Payment | $4,437 | $4,437 | $4,437 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $55,159 | $56,646 | $77,635 |
| Total Monthly Payment | $59,721 | $61,208 | $82,197 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388