5600 Oakwood Ln For Sale
Property Details
| Asking Price | $6,000,000 |
|---|---|
| Price per SqFt | — |
| Maintenance Fee | Inquire |
| Property Taxes | $58,606 2025 |
| Interior Space | — |
| Beds/Baths | —/— |
| MLS # | A12102976 |
Location
From the listing
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.
Listed by BHHS EWM Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $58,606 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 5600 Oakwood Ln
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11871894 | $4,400,000 | 4/21/26 |
| A10399103 | $2,100,000 | 4/24/18 |
Listed by BHHS EWM Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Coral Gables and throughout South Florida.
Ask Mark About This Listing
5600 Oakwood Ln, Coral Gables · MLS A12102976 · $6,000,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.