5600 Oakwood Lane, Coral Gables, FL 33156

$6,000,000
4
BD
4
BA
5,005
SqFt

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List Price
$6,000,000
Days on Market
1
MLS#
A12103490
Year Built
1979
Bedrooms
4
Bathrooms
4
Baths Half
1
Living Area
5,005
Acres
0.72
MLS Area Major
2510

Property Description

Set on a 31,272 SF (0.72-acre) corner lot in the exclusive, gated Banyan Drive neighborhood of Coral Gables, within the Snapper Creek Oaks subdivision and near prestigious Ponce-Davis. An intimate enclave of approximately 50 properties, Banyan Drive is experiencing a significant wave of luxury redevelopment, with 7 newly constructed estates since 2019 and at least 7 additional homes under development. This oversized corner lot, measuring approximately 224' x 141', offers the opportunity to build a custom luxury estate. Conceptual plans by Castillo Architecture & Planning envision a spectacular two-story residence with approximately 11,322 SF A/C and 13,268 SF total area, featuring 6 bedrooms plus staff quarters, home office, gym, home theater, game room, expansive entertaining areas, resort-style pool, and 3-car garage. The existing residence is livable and offers potential rental income while planning future development. Ideally located near South Miami, Coconut Grove, and Pinecrest.Renderings and plans are conceptual only and have not been submitted to or approved by the City of Coral Gables or Miami-Dade County. Buyer must independently verify zoning, development, permitting and approval requirements, as well as the status and transferability of existing permits.

Additional Information

Taxes
$58,606
Zoning
0100
Interior Features
Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Kitchen Island, Main Level Primary, Pantry, Split Bedrooms, Soaking Tub, Separate Shower, Upper Level Primary, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Oven, Refrigerator, Washer
Utilities
Underground Utilities
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s), Electric
Exterior Construction
CBSConcreteBlockStructure, Block, Wood Siding
Roof
Flat, Tile
Garage Spaces
2
Elementary School
Pinecrest
Middle School
Palmetto
High School
Miami Palmetto

Listing courtesy of BHHS EWM Realty.

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