HAMMOCK LAKE NO 2

5340 Banyan Dr, Coral Gables FL 33156

5 beds · 4.5 baths · 5,690 ft²

For Sale · Active Listing

$8,399,000

Est. Payment $44,703/mo

MLS Sheet Video

5

Bedrooms

4.5

Bathrooms

5,690

Sq. Ft.

1951

Year Built

8

Days on Market

Description

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.

Facts

MLS#
A12015036
Subdivision
HAMMOCK LAKE NO 2
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1951
Lot Size
41,382 ft²
Sq. Ft.
5,690 ft²
Sq. Mt.
529 m²
Price per sq. ft.
$1,476/ft²
Price per sq. mt.
$15,877/m²
Stories
Garage
Pool
Days on Market
8 days
Listed
May 7, 2026
Last Updated
May 15, 2026
Price/Lot Sq.Ft.
$203/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Coral Gables

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

48

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/7/2026Listed for sale$8,399,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5340 Banyan Dr, Coral Gables FL 33156Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$51,852/mo

Principal & Interest

$44,703

Property Tax

$6,999

Insurance

$150

HOA

$0

20% ($1,679,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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