1401 Banyan Road, Boca Raton, FL 33432
Sources: BeachesMLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes
As of October 12, 2026, 1401 Banyan Road in Spanish River Land, Boca Raton is listed at $12,000,000 (9,482 sq ft, about $1,266 per sq ft). That is 329% above Spanish River Land's median closed sale of $2,800,000 over the last 12 months (3 recorded sales). Per square foot it is above the community's recent $949/sq ft by about 33%. It came to market within the past week. Listing facts: built in 2026, a private pool, no HOA. The parcel maps to FEMA flood zone X, outside the special flood hazard area. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
- No CDD assessment on record
- Built 2026
- 9,482 sq ft of living area
- 3-car garage
- Listed at $12,000,000 — recent neighborhood median sale price ~$2,800,000 (nearby sales; deemed reliable, not an appraisal)
- New to market
- No HOA reported by the listing (confirm)
About this home
Presenting 1401 Banyan Road, Boca Raton—a new architectural masterpiece envisioned by the esteemed Empire Development. Nestled within the prestigious Spanish River Land enclave, this contemporary estate sets a new benchmark for luxury living, seamlessly merging timeless sophistication with practical elegance. Encompassing a generous 9,482 square feet of interior space, every aspect of this home has been thoughtfully designed to deliver an extraordinary lifestyle.
From the moment you arrive, the grandeur of this estate is evident. Framed by impeccably landscaped grounds featuring towering date palms, calusia hedges, and lush zoysia grass, the home welcomes you into a world of sophistication. Two majestic olive trees, strategically positioned on the north and south sides of the property, create enchanting outdoor courtyardsserene spaces that invite reflection and enhance the estate's allure.
This signature feature exemplifies Empire Development's commitment to blending natural beauty with architectural excellence, setting their properties apart as havens of sophistication and thoughtful design. The interiors of this estate are nothing short of spectacular. The heart of the home is the chef's kitchen, a haven for culinary artistry, equipped with quartzite countertops, a Miele suite of appliancesincluding a natural gas range and an additional full prep kitchen for seamless entertaining.
A stunning bar on the main level serves as the perfect gathering space, seamlessly complementing the home's two-level clubroom, which features a theater on the first level and a secondary space on the second. This exceptional multi-level space, a hallmark of Empire Development, exemplifies their commitment to surpassing industry standards. By designing multi-functional, luxury-driven environments that cater to relaxation, entertainment, and wellness, Empire Development continues to redefine the essence of elevated living.
The living spaces are further elevated by white oak hardwood flooring, lending warmth and sophistication throughout. The expansive primary suite is a private sanctuary, featuring a morning bar, dual custom bathrooms with luxurious steam showers, and his-and-her closets, all opening onto a private balcony for ultimate relaxation. Designed to meet every lifestyle need, the estate boasts five bedrooms, each with its own ensuite bathroom, six full bathrooms, two half bathrooms, and two dedicated offices.
A VIP guest suite offers privacy and luxury for visitors, while the property's in-ground heated saltwater pool and spa create a resort-like atmosphere. A full cabana bathroom and a fully appointed summer kitchen ensure effortless outdoor entertaining. This home also offers seamless convenience, with laundry rooms on both floors, a full gym, an elevator with self-opening doors, and a 3.5-car garage.
The outdoor spaces are a true marvel, with balconies and courtyards harmonizing with the lush landscaping, including olive trees that enhance the tranquil ambiance. From its modern metal roof to its flawless craftsmanship, every aspect of 1401 Banyan Road reflects an unwavering commitment to excellence. Located moments from Boca Raton's finest dining, shopping, and beaches, this property isn't just a residenceit's a lifestyle statement.
DISCLAIMER: Builder and/or Seller reserve the right to make changes and/or modifications to plans, specifications, features, colors and prices. All plans, renderings, and videos shown are artists' conceptions. The information herein is believed to accurate but not guaranteed and may be subject to errors, omissions and changes without notice.
All measurements, dimensions, room sizes and lot sizes are approximate. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing.
Listing company expressly disclaims any warranty or representation regarding such inform…
Description provided by Douglas Elliman and reproduced from the MLS; not independently verified.
Provided via the BeachesMLS Internet Data Exchange · All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. · deemed reliable but not guaranteedIDX 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 by the MLS to be accurate.Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
Public records & third-party data
Calculated estimates
Buyer should verify Buyer verify
Estimated monthly payment
- Principal & interest $66,468/mo 75%
- Taxes $18,642/mo 21%
- Insurance $3,150/mo 4%
$88,260/mo at 20% down, 30-yr @ 7.4% · edit any field to update.
Editable estimate — not a loan offer. Estimates only; see data & estimate notes.
Property taxes
✓ Certified tax roll · county-average rateProperty taxes in Florida are reassessed after a sale, so a buyer’s first full-year bill can be higher than the seller’s. Budget from this estimate, not the current bill, before you make an offer.
The current owner’s taxable value is below today’s asking price; after a sale the assessment is set from market value, so the estimated bill is higher. Exemptions and portability can reduce it.
Certified 2025 tax roll values for this parcel (Florida DOR). The roll gives values, not the bill; the current owner’s bill above is estimated from the taxable value.
Estimate my property taxes →Adjust for your exemptions, portability, and down payment
Sources: Florida DOR certified tax roll (2025), BeachesMLS; millage: Palm Beach County Property Appraiser tax roll page (rate tables); Florida TaxWatch 2025 county average. County public record, not MLS data — matched to this home by parcel ID. Estimates are not a tax bill; the county property appraiser and tax collector set the actual amount.
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
Palm Beach County is on the Florida coast; wind coverage is a major part of the premium. Premiums and coverage vary by home (roof age, wind mitigation, claims history); obtain a quote from a licensed insurer.
Natural hazard risk
FEMA National Risk Index for Palm Beach County, FL: overall Relatively High. Ratings compare this county with every county in the United States for expected annual loss from each hazard.
Source: FEMA National Risk Index (county level, hazard risk ratings only). Ratings describe the county, not this parcel; the flood zone shown above is parcel-specific. Verify insurance requirements with your lender and agent.
Internet & broadband
Address-level fiber service is not confirmed for this home. Check the FCC National Broadband Map (broadbandmap.fcc.gov) or the provider for this address.
Cable broadband is common in Florida and Georgia towns but not confirmed for this address; verify with the provider.
5G home internet and satellite service depend on the exact location; check coverage for this address.
Pricing & the Spanish River Land market
How this home is priced against recent nearby sales, and where Spanish River Land has been over 25 years. Momentum Research analysis of Beaches MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.
This home’s $/sq ft vs. nearby sales
List $/sq ft against recent nearby closed sales; the community median is marked.
Price vs. size in Spanish River Land
Each dot is a closed sale since 2001 (137 total). This home is the gold marker.
Sale price (y) by living area in sq ft (x). BeachesMLS closed sales.
Median $/sq ft by year
Community sold $/sq ft, 2012–2026. This home lists at $1266/sq ft.
Median sale price by year
12-month median closed price, 2012–2026.
Market Heat by year (0–100)
Momentum Market Heat, 2013–2026. Now 40 (normal).
This home’s history
- 2026BuiltPer public record
- Aug 4, 2026First seen on movewithmomentum.comObserved at $12,000,000
- NowUnder contractCurrently pending
Build year is from public record. The MLS list date is approximate (today minus the cumulative days on market the MLS reports, which can span relistings). Other milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Price & listing history
Building permits
Comparable recent sales
6 closed sales within about 3 miles in the last 18 months — same property type, living area within 30% of this home. Sold prices are MLS closed-sale records, deemed reliable but not guaranteed.
Median of these 6 sales: $2,800,000 ($949/sq ft). Stronger local evidence. Shown for general reference only — not an appraisal or a statement of this home’s value.
The Messtimate
This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.
Stronger local evidence — 6 comparable closed sales within about 3 miles, closed within the last 18 months, same property type, living area within 30% of this home.
Actual list price: $12,000,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.
A 28% spread on the same house — and that gap is exactly what an automated guess can't see:
- Condition & updates — a renovated kitchen or new roof vs. dated finishes can swing value six figures; sq ft can't see it.
- The lot & views — a premium golf, water, or preserve lot vs. a road-facing one: same sq ft, very different price.
- Outliers skew it — the band above comes from 6 nearby sales; one flip or distressed sale moves the whole $/sq ft.
- Carrying costs & concessions — CDD, HOA, insurance, and seller-paid buydowns change what a buyer actually pays.
- The pool — a private pool carries cost and value that living area doesn't capture.
And here's what the live market is doing — which the number above ignores entirely:
- This home: 1 days on market vs. a 63-day community median
- 2 active listings competing, 1 under contract
- ≈8.0 months of supply
- 5 closed here in the last 12 months
For reference, this home is listed at $12,000,000 ($1,266/sq ft). The list price is the seller's asking price and is not derived from this range.
Selling your own home? Try the Messtimate on your address →
Methodology: 9,482 sq ft × $1,447–$1,851/sq ft (interquartile band of 6 comparable closed sales within about 3 miles, last 18 months; MLS closed-sale records). Estimate for general information only; not an appraisal, valuation, or offer. Updated October 12, 2026.
Momentum Property Score
51/100 is below average across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Coverage: 7 of 8 indicators had valid data for this home; indicators without data are left out, not scored as zero. Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent comparable sales. They do not measure property condition, quality, or investment suitability, and they are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
The Momentum read
🟢 Buyer-leaning conditions around this listing. 8.0 months of supply in the surrounding market and 1 days on market for this home, against a 63-day area median.Days on market:this home 1Area median: 63 daysWhy it matters: above-median time on market, together with the level of supply, is a clear sign of how much leverage sits with buyers.Momentum Research interpretation of the MLS facts in the snapshot above. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. As of September 20, 2026.
🟡 Asking $1266 per square foot, about 33% above the community’s $949 median. Spanish River Land’s 12-month median sold price per square foot is $949. Median sold price per square foot is down 0.4% year over year. Confidence: Low · 3 closed sales in 12 monthsMLS facts: BeachesMLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.
48% of homes in Spanish River Land are owner-occupied. An estimated 52% are non-owner-occupied, including 23% held in a company or trust and 100% out-of-state owners.Why it matters: a high owner-occupied share typically means fewer rentals nearby and steadier resale demand.Source: Florida Department of Revenue 2025 assessment roll (public records), 205 homes matched. Community-level context.
Recent Spanish River Land sales closed near 86.2% of original asking.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of BeachesMLS records, community-level, 12 months ending September 20, 2026. Aggregates only; deemed reliable but not guaranteed.
What’s unique here: one of only 2 active listings in Spanish River Land, no CDD assessment.
Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ
Updated October 12, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Seen enough photos?
Want to see 1401 Banyan Road?
Tell us when works for you and a local agent will reach out to arrange a showing and answer your questions about this home.
Listed by Douglas Elliman · MLS # R11056129
Request a showing
Similar homes for sale near SPANISH RIVER LAND
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Newest listings in Boca Raton
- 2025 Guildford B, Boca Raton · $249,900 · 2 bd / 1.5 ba · listed October 12, 2026 (courtesy of VantaSure Realty LLC)
- 7080 Lions Head Lane, Boca Raton · $5,700,000 · 5 bd / 5.0 ba · listed October 12, 2026 (courtesy of Douglas Elliman)
- 3051 S Ocean Boulevard #2050, Boca Raton · $649,000 · 2 bd / 2.0 ba · listed October 12, 2026 (courtesy of Shoreast Realty)
- 120 Preston Way, Boca Raton · $82,000 · 1 bd / 1.0 ba · listed October 12, 2026 (courtesy of Capital Trust Florida Realty)
- 17 Royal Palm Way #6010, Boca Raton · $285,000 · 2 bd / 2.0 ba · listed October 12, 2026 (courtesy of Beautiful Homes Realty Inc)
- 1124 NW 13th Street #108A, Boca Raton · $275,000 · 2 bd / 2.0 ba · listed October 11, 2026 (courtesy of EXP Realty)
Recently off market in SPANISH RIVER LAND
- 3097 Banyan Road · last listed $2,995,000 · 2026-09-29
- 2989 Spanish River Road · last listed $24,995,000 · 2026-09-26
Just listed: new homes for sale in Southeast Florida in the last 48 hours · updated hourly · RSS · Southeast Florida market today: new listings, price cuts, pendings
More on SPANISH RIVER LAND
Go deeper on SPANISH RIVER LAND
See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.
Assigned schools
Schools currently assigned to this address in Palm Beach County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
Assigned schools per the MLS listing — assignments can change; confirm current zoning with the district. Browse school-zone pages →
City, county & community guides
Where this home sits, with links to the matching guides. General reference only.
Buyer research checklist
Items worth confirming for 1401 Banyan Road, chosen from what the record shows. This is general guidance, not advice about this specific property.
- Built in 2026: confirm the roof and HVAC install dates and whether any builder or manufacturer warranty transfers.
- The listing reports no HOA: confirm with the county record that no deed restrictions or mandatory association apply to this parcel.
- FEMA flood zone X: flood insurance is not usually required, but get a quote anyway — FEMA reports roughly one in four flood claims come from outside high-risk zones.
- Get a homeowners insurance quote for this specific address in Palm Beach County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
- Private pool: confirm the barrier or alarm meets the state residential pool safety code and ask for pump, heater, and resurfacing records.
- Listed living area is 9,482 sq ft: verify it against the property appraiser's record and measure before relying on it.
- Order a survey to confirm lot boundaries and easements.
- Review permit history with the county.
- Property taxes: the estimate on this page (about $223,700/yr) assumes reassessment at the list price less the homestead exemption. Estimated buyer taxes are about $181,250 more per year than the current owner’s estimated bill (+427%). Exemptions and portability change the actual bill — confirm with the county property appraiser.
- School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Data sources & freshness
| Listing record | BeachesMLS, checked against the MLS hourly (last: October 12, 2026) |
| Comparable sales | BeachesMLS closed sales within about 3 miles, last 18 months, as of September 20, 2026 |
| Flood zone & elevation | FEMA flood maps + USGS elevation (Zone X shown above) |
| Taxes & monthly cost | Certified county tax roll (parcel-matched) × county millage; an estimate, not a bill |
| Insurance figure | Modeled estimate; obtain a real quote before offering |
| Schools | 2025-26 district assignments; verify with the district |
Momentum Research lines are our own analysis of BeachesMLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Frequently asked questions
How big is 1401 Banyan Road and when was it built?
Per the listing record, 1401 Banyan Road was built in 2026 and has 9,482 sq ft of living area, 5 bedrooms and 7.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 1401 Banyan Road in?
1401 Banyan Road is in Spanish River Land in Boca Raton, Palm Beach County. The comparable-sales section on this page shows recent closed sales nearby from the same MLS data.
Does 1401 Banyan Road have an HOA?
The listing reports no HOA. Confirm with the county record that no deed restrictions or mandatory association apply to the parcel.
Why might property taxes on 1401 Banyan Road differ from the current owner's?
The estimate on this page (about $223,700 per year) assumes reassessment at the list price less the homestead exemption. Estimated buyer taxes are about $181,250 more per year than the current owner’s estimated bill (+427%). Florida reassesses a home after it sells; for a homesteaded seller the Save Our Homes cap on their assessment does not transfer, and a buyer's own exemptions and portability are applied separately, so the two bills usually differ. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 1401 Banyan Road in a flood zone?
The FEMA flood map places this parcel in Zone X, outside the special flood hazard area, so flood insurance is not usually required by a lender. It is still available and worth quoting; confirm the parcel's status with FEMA and your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
See 1401 Banyan Road in person
Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.
Momentum Realty · licensed in FL & GA
Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply county millage to the list price (less the homestead exemption where the parcel is matched to the certified roll) and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.
Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.
Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.
No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.
MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the BeachesMLS Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is 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. Source: BeachesMLS, Inc.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. All rights reserved.
Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.