For sale

Price cut: $50K (2/10)

$2,950,000

12944 Banyan Rd, North Miami, FL 33181

4beds

2,460sqft

Est.:

Single Family Residence

Built in 1955

9,300 Square Feet Lot

$-- Zestimate^®

$1,199/sqft

$2,500/mo HOA

What's special

Waterfront livingPrivate dockDirect ocean accessFully renovated modern homeSparkling poolExpansive backyardCustom-built barbecue area

Experience waterfront living at its finest in this fully renovated modern home located in the prestigious gated community of Keystone Islands, North Miami Beach. This spacious 4-bedroom, 3-bathroom residence offers 2,484 sq/ft of elegantly designed living space. The expansive backyard is a true entertainer’s dream, featuring a sparkling pool, custom-built barbecue area under a stylish pergola, and a private dock that accommodates up to a 60’ boat. Enjoy direct ocean access with no fixed bridges, making it a boater’s paradise. The property also includes a covered garage plus three additional uncovered parking spots. Whether you're hosting guests or seeking a peaceful waterfront retreat, this move-in ready gem offers the best of South Florida luxury living.

169 days

761

28

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Rooms

Room types: Den/Library/Office

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Oven

Features

Closet Cabinetry, Kitchen Island, Entrance Foyer, Walk-In Closet(s)
Windows: Clear Impact Glass, Blinds, High Impact Windows

Interior area

Total structure area: 2,519
Total interior livable area: 2,460 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3
Parking features: Covered, Electric Vehicle Charging Station(s), Garage Door Opener
Garage spaces: 3

Features

Stories: 1
Entry location: First Floor Entry,Foyer
Patio & porch: Deck
Exterior features: Barbecue, Built-in Barbecue, Lighting
Has private pool: Yes
Pool features: In Ground, Heated
Has view: Yes
View description: Canal, Intracoastal View, Water
Has water view: Yes
Water view: Canal,Intracoastal View,Water
Waterfront features: Ocean Access, Canal Front, Canal, Seawall, WF/Pool/Ocean Access
Frontage length: 30

Lot

Size: 9,300 Square Feet
Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0622280120260
Zoning: 0900

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick
Roof: Concrete

Condition

Updated/Remodeled,Completely Renovated
Year built: 1955

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Green energy

Energy efficient items: HVAC, Thermostat, Water Heater

Community & HOA

Community

Features: Boating, Security Patrol, HOA
Security: Fire Alarm, Smoke Detector
Subdivision: Venetian Sec Keystone Poi

HOA

Has HOA: Yes
HOA fee: $2,500 monthly

Location

Region: North Miami

Financial & listing details

Price per square foot: $1,199/sqft
Tax assessed value: $1,967,722
Annual tax amount: $11,491
Date on market: 10/17/2025
Listing terms: All Cash,Conventional
Road surface type: Paved Road

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
2/10/2026	Price change	$2,950,000-1.7%$1,199/sqft
Source: MIAMI #A11898011 Report a problem
10/17/2025	Listed for sale	$3,000,000+468.2%$1,220/sqft
Source: MIAMI #A11898011 Report a problem
6/15/2011	Sold	$528,000-2%$215/sqft
Source: Public Record Report a problem
12/24/2010	Listing removed	$539,000$219/sqft
Source: Aventura Real Estate, Inc. #M1451264 Report a problem
12/16/2010	Listed for sale	$539,000-58.2%$219/sqft
Source: Aventura Real Estate, Inc. #M1451264 Report a problem
5/16/2008	Listing removed	$1,290,000$524/sqft
Source: Number1Expert #M1224314 Report a problem
4/4/2008	Listed for sale	$1,290,000+49.6%$524/sqft
Source: Number1Expert #M1224314 Report a problem
8/12/2006	Sold	$862,500$351/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$11,491 +2.9%	$516,418 +3%
2023	$11,163 +3.1%	$501,377 +3%
2022	$10,831 +0.3%	$486,774 +3%
2021	$10,796 +1.2%	$472,597 +1.4%
2020	$10,671 +2.1%	$466,072 +2.3%
2019	$10,451 +3.8%	$455,594 +1.9%
2018	$10,070	$447,100 +3%
2017	$10,070 +1.6%	$434,092 +2.1%
2016	$9,908 +0.6%	$425,164 +0.7%
2015	$9,847 -0.7%	$422,209 +0.8%
2014	$9,921 +4.9%	$418,859 +3.3%
2013	$9,458	$405,587 +1.7%
2012	$9,458 -12.6%	$398,808 -1.9%
2011	$10,821 -12.5%	$406,432 -8.9%
2010	$12,363 -20.3%	$446,167 -28.1%
2009	$15,519 -26%	$620,636 -29.6%
2007	$20,971 +34.8%	$882,100
2006	$15,560	--
2005	$15,560 +24.8%	--
2004	$12,471 +42.5%	--
2003	$8,753 +49.4%	--
2002	$5,860	--
2001	$5,860	--