BANYAN TREE FIVE CONDO in Miami

BANYAN TREE FIVE CONDO
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33196
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Built fromLive miami data6 years of closingsUpdated twice daily
Live · BANYAN TREE FIVE CONDO Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
33%
Cash buyers · BANYAN TREE FIVE CONDO
1 of 3 sales, 12 mo ending July 2023
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

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

The market around BANYAN TREE FIVE CONDO

BANYAN TREE FIVE CONDO is too small for its own price trend, so here is the market around it.

In ZIP 33196, 1 homes are on the market and 100% are under contract — a fast-moving corner of Miami.

Across Miami-Dade County, 60 homes are active and 15 pending (20% under contract).

Homes here are condominium.

ZIP and county figures describe the wider market, not BANYAN TREE FIVE CONDO specifically. Momentum Research analysis of MLS records.

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 2026-08-05, 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 2025. Tap any home to ask about it.

If we were buying in BANYAN TREE FIVE CONDO today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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.

Best Buy
A buyer or seller who wants a specific unit evaluated on its own record, not a building-wide average.
Biggest Risk
With only two recent closings, there is not enough data to price confidently without direct comparables.
Sweet Spot
Works best for someone comfortable doing unit-level diligence rather than relying on market averages.
Avoid If
Skip it if you need a quick, data-backed comp set to make a fast decision.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forA buyer or seller who wants a specific unit evaluated on its own record, not a building-wide average.
Biggest advantageLow transaction volume can mean less competition for a buyer willing to do the legwork.
Biggest riskWith only two recent closings, there is not enough data to price confidently without direct comparables.
Sweet spotWorks best for someone comfortable doing unit-level diligence rather than relying on market averages.
Avoid ifSkip it if you need a quick, data-backed comp set to make a fast decision.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

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.

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.

See homes for sale in BANYAN TREE FIVE CONDO on the map →

Real comps, not an automated estimate.

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.

$3,099/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

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.

How much local inventory is already under contract

23% 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 (2026-08-18).

Frequently Asked Questions

Do cash buyers compete in BANYAN TREE FIVE CONDO?
Cash buyers took 33% of BANYAN TREE FIVE CONDO sales in the 12 months ending July 2023 (1 of 3 closings, miami).
Who is the best real estate agent for BANYAN TREE FIVE CONDO?
The best agent for BANYAN TREE FIVE CONDO is one who actively works Miami and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for BANYAN TREE FIVE CONDO.
How do I find a top Miami real estate agent who knows BANYAN TREE FIVE CONDO?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows BANYAN TREE FIVE CONDO and the wider Miami area.
Can Momentum Realty connect me with an agent for BANYAN TREE FIVE CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your BANYAN TREE FIVE CONDO purchase or sale - no call center and no pressure.
A buyer targeting a specific unit and willing to verify condition, assessments, and amenities directly rather than relying on aggregate statsExcellent fit
An investor comfortable pricing off individual comparables in a low-volume buildingExcellent fit
A seller who understands a thin recent sales record means their listing needs to be priced from direct comps, not a market averageExcellent fit
A buyer who wants a clear, data-backed price range before making an offerProbably not
Someone who needs a confirmed amenity list before considering a buildingProbably not
A buyer relying on recent building-wide sales trends to negotiateProbably not

Data sources & freshness

Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2020 (8 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 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 member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in BANYAN TREE FIVE CONDO? 2 recorded closings (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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