12904 Banyan Rd

North Miami, FL 33181

$4,999,000

$1,279/ft²

5Beds

5Baths

3,908Sq ft

1961Year built

Single-family homeType

About this home

Bring your super yachts! This rare waterfront estate in Gated Keystone Point sits on a 15,504 SF corner lot with 250 FT on the water. Two docks (136 FT & 114 FT) provide room for two 100+ FT yachts in a deep-water canal w/ direct ocean access & no fixed bridges. This spacious 4BD/5BA home features newer white porcelain floors, large primary suite w/ expansive en-suite bath & French doors in every room opening to the pool for seamless indoor-outdoor living. Move-in ready w/ remodeled baths, built-in closets. Large bright and light open kitchen. Resort-style backyard boasts a pool, large patio decks, & covered outdoor kitchen. Seawall upgraded w/ batter piles & new cap, plus a new dock—a boater’s dream! electric gate, 2-car garage, prime location. A True one-of-a-kind waterfront opportunity!

Features

Waterfront

Property details

Listing

MLS #: A11722549
Status: For sale
Listed on: Jan 29, 2025
Days on market: 558 days
Listing data updated: May 18, 2026

Interior

Beds: 5
Baths: 5
Living area: 3,908 ft²
Price per ft²: $1,279/ft²

Building & community

Type: Single-family home
Year built: 1961
County: Miami-Dade

Lot & exterior

Lot size: 15,504 ft²
Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $25,278
Property taxes (est.): $4,583
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$30,461*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?