Banyan Tree Five
Condos for Sale in Miami, FL
All 4,610 homes for sale in Miami, FL · median $518,425 · 4,105 condos for sale in Miami · 155 homes for sale in 33196 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $292,500, $295 per square foot, a median 45 days on market, sellers accepting 98% of original asking. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $5,150 ($4,430 with the full homestead exemption).
| Location | Miami, Miami-Dade County, FL · ZIP 33196 |
|---|---|
| Sale prices, last 12 months | $292,500 median across 4 closed sales · $295 per sq ft |
| Days on market (closed sales) | 45 median |
| For sale right now | 0 active, 1 pending |
Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2020 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “BANYAN TREE FIVE CONDO key facts,” movewithmomentum.com/neighborhoods/banyan-tree-five-condo, data as of September 20, 2026.
Banyan Tree Five Condo in Miami-Dade County is showing very thin resale activity right now — the most recent window tracked just two closings. That is not enough transaction volume to establish a reliable pricing pattern, so anyone quoting a firm number for this building is guessing beyond what the data supports.
With so few closings to reference, pricing here has to be built bottom-up: pull the actual comparable units, look at unit line, floor, and condition, and treat any broader condo-market average as background noise rather than a stand-in for this specific building.
The 60-Second Overview
Banyan Tree Five Condo market snapshot (as of September 20, 2026): the median sale price is about $292K ($295 per sq ft over the trailing 12 months of closed sales), and a median 46 days on market for closed sales.
In ZIP 33196 (Miami), 355 homes closed in the last 12 months at a median of $588K ($329/sq ft), up 0.7% year over year, with a median 53 days on market. Right now 145 active and 42 pending listings — a balanced market. See the live ZIP 33196 housing market and the Miami-Dade County market.
Banyan Tree Five Condo is a Miami-Dade condominium with limited recent closed-sale volume, which means current pricing needs to be built from specific unit comparables rather than a building-wide trend.
Who Banyan Tree Five Condo is best for.
Best for
- A buyer targeting a specific unit and willing to verify condition, assessments, and amenities directly rather than relying on aggregate stats
- An investor comfortable pricing off individual comparables in a low-volume building
- A seller who understands a thin recent sales record means their listing needs to be priced from direct comps, not a market average
Probably not for
- A buyer who wants a clear, data-backed price range before making an offer
- Someone who needs a confirmed amenity list before considering a building
- A buyer relying on recent building-wide sales trends to negotiate
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($292K) IS the median in the snapshot above.
Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2020 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
22% of homes for sale in ZIP 33196 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-21).
Banyan Tree Five Condo Market Scorecard
Banyan Tree Five Condo is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Banyan Tree Five Condo
Live MLS inventory for Banyan Tree Five Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Banyan Tree Five Condo listings as of 2026-08-18, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2020 through 2026. Tap any home to ask about it.
Every Home for Sale in Banyan Tree Five Condo Right Now (1)
All 1 active and pending Banyan Tree Five Condo listings with a detail page, newest first, refreshed twice a day from the MLS.
- 9730 Hammocks Blvd 201-28 · $299,888 · 3 bd / 2 ba · pending · listed Sep 8, 2026 · listed by The Keyes Company
The Banyan Tree Five Condo buying strategy.
If we were buying in Banyan Tree Five Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Banyan Tree Five Condo.
A building without a public track record
Two closings in the most recent tracked window is a small enough sample that it cannot responsibly be turned into an average price, a typical days-on-market figure, or a trend line. Whatever conclusions get drawn about this building right now have to come from looking directly at the units that sold, not from a headline statistic.
Current MLS listings for the building do not identify a defined amenity package. That does not necessarily mean the building lacks amenities — it means the listing data available at this snapshot did not specify them, so amenity details need to be confirmed unit by unit or directly with the association before they factor into a valuation or a decision.
The location and the amenities are priced into every listing in Banyan Tree Five Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a building with only a couple of tracked closings, the difference between a fair offer and an overpay comes down to pulling the right comparables and confirming details — condition, assessments, amenity status — that a thin MLS record will not spell out on its own. That is the work we do before a number ever gets discussed.
Banyan Tree Five Condo in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Banyan Tree Five Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Banyan Tree Five Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Banyan Tree Five Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Banyan Tree Five Condo home worth?
Get a no-obligation home value based on real comparable sales in Banyan Tree Five Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Banyan Tree Five Condo?
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Where is Banyan Tree Five, and what county is it in?
Should you buy in Banyan Tree Five Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: August 18, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2020 (10 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how BANYAN TREE FIVE CONDO fits the bigger picture — live prices, inventory, and Momentum Scores:
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