12904 Banyan Rd, North Miami FL 33181, NORTH MIAMI, FL, 33181
Active560 days on marketListed Jan 29, 2025MLS #A11722549
About this home
12904 Banyan Rd, North Miami FL 33181
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!
Facts & features
The home at a glance
5
Bedrooms
5
Bathrooms
3,908
Sqft
2
Garage
1961
Year built
$1,279
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$34,940 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$34,940/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs North Miami actives
$1,279 vs $267
Days on market
560 vs 78 typical
Where $1,279/sqft sits among the 365 North Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Keystone Point
Get to know North Miami. See the full North Miami guide →
Keystone Point — neighborhood snapshot
Population
2,029
Median age
40
Median income
$102,460
Median home value
$1,158,300
Avg household
2
Households w/ children
162
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The North Miami market
$555K → $538K
North Miami median sold, yr/yr
95.4%
Sale-to-list ratio (12 mo)
30 of 365
North Miami actives have cut their price
Median sold price, North Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 2679% above the NORTH MIAMI 33181 median. See the full North Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 12904 Banyan Rd
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$4,600,000
2125 Ixora Rd, North Miami FL 33181 · same community
6 bd · 5.5 ba · 4,147 sqft · $1,109/sqft · 48 DOM
Sold · Feb ’26$2,650,000
12900 Ixora Cir, North Miami FL 33181 · same community
2 bd · 3 ba · 2,472 sqft · $1,072/sqft · 20 DOM
Sold · Oct ’25$940,000
12942 Ixora Rd, North Miami FL 33181 · same community
3 bd · 2 ba · 1,620 sqft · $580/sqft · 32 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 12904 Banyan Rd — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 12904 Banyan Rd — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
12904 Banyan Rd FAQs
What would the monthly payment be for 12904 Banyan Rd, North Miami FL 33181?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $34,940/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 12904 Banyan Rd, North Miami FL 33181?+
The most recent tax bill on record (2023) was $71,170. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in North Miami?+
At $4,999,000, this home is listed about 1595% above the North Miami median of $295,000. The market section on this page shows how the area is trending.
Which schools are assigned to 12904 Banyan Rd, North Miami FL 33181?+
David Lawrence Junior K-8 Center (elementary), North Miami Middle School (middle), Alonzo & Tracy Mourning Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$4,999,000 runs 2679% above the NORTH MIAMI 33181 median — but at 3,908 sqft it's also nearly 4 times the size of the typical North Miami listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
560 days on market against a North Miami median of 78 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $5,875,000, now $4,999,000 — a $876K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Miami Waterfront Realty · Richard Feldman. MLS #A11722549.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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