Banyans of South Miami Co
Homes for Sale in South Miami, FL
All 16 homes for sale in South Miami, FL · median $354,500 · 41 homes for sale in 33143 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of November 2026, Banyans of South Miami Co in South Miami, FL has 1 home for sale. As of November 2026, the MLS records 1 closed sale in Banyans of South Miami Co in South Miami, FL, the most recent in August 2026. Across South Miami as a whole, 16 homes closed in the last 12 months at a median of $376,000, 61 median days on market, with 15 homes for sale today. At that median and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $6,620 ($5,900 with the full homestead exemption).
With only seven closings feeding this snapshot, Banyans of South Miami trades in small numbers, and that matters more than any single figure below. A median price of $760,000 against a median price per square foot of $345.45 tells you unit size and finish level are doing most of the work here, not a uniform community pricing tier.
A median of 50 days on market is a moderate, unhurried pace, not a sign of stalled demand. In a thin-volume community like this, one or two unusual listings can shift the median in either direction, so pricing a home here well means leaning on comparable condition and layout rather than the community average alone.
Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Banyans of South Miami is a lower-volume Miami-Dade community where recent activity is thin enough that each closing carries real weight in the numbers, and MLS listings do not document a defined set of community amenities.
MIAMI REALTORS sales records identify 5 homes in BANYANS OF SOUTH MIAMI CO that have changed hands since 2015, built between 1977 and 1977 (median 1977), with a median living area of about 2,200 sq ft and a typical 3-bedroom, 2.5-bath layout; 60% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Banyans of South Miami Co is best for.
Best for
- Buyers targeting a specific home or floor plan rather than a community-wide amenity set
- Buyers comfortable pricing off individual comparables in a low-volume market
- Sellers prepared to price based on recent closed comparables rather than an assumed community average
Probably not for
- Buyers who want documented, on-site community amenities as a deciding factor
- Buyers expecting a fast-moving, high-competition sale process
- Anyone relying on a single community-wide price figure to set an offer or listing price without checking recent comparables
The market around Banyans of South Miami Co
Banyans of South Miami Co is too small for its own price trend, so here is the market around it.
In ZIP 33143, 147 homes are on the market and 20% are under contract — a steady corner of South Miami.
Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).
In ZIP 33143 (South Miami), 37 homes closed in the last 12 months at a median of $376K ($376/sq ft), with a median 61 days on market. Right now 38 active and 7 pending listings put supply at about 12.3 months — a soft market. See the live ZIP 33143 housing market and the Miami-Dade County market.
ZIP and county figures describe the wider market, not Banyans of South Miami Co specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Banyans of South Miami Co
Live MLS inventory for Banyans of South Miami Co. 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 Banyans of South Miami Co listings as of 2026-11-11, 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 2026 through 2026. Tap any home to ask about it.
The Banyans of South Miami Co buying strategy.
If we were buying in Banyans of South Miami Co 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 Banyans of South Miami Co.
What the Numbers Actually Say
The $345.45 median price per square foot next to a $760,000 median price points to a market where finish, unit size, and updates likely explain more of the spread than location within the community. Buyers should treat any single listing's price as a data point to be checked against recent comparable closings, not assumed to sit at the community median.
Fifty days median on market suggests homes here are not sitting stagnant, but they are not moving at a pace that suggests bidding pressure either. That gives buyers room to inspect and negotiate, and it gives sellers a reason to price accurately from day one rather than testing the market with an aspirational number.
The location and the amenities are priced into every listing in Banyans of South Miami Co. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A community with only seven recent closings rewards agents who dig into the specific comparables rather than quoting a community-wide average. We pull the actual closed sales behind these numbers, not just the headline median, so you know what you are really pricing against or bidding into.
Banyans of South Miami Co in 15 seconds.
Tools for a Banyans of South Miami Co 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 Banyans of South Miami Co sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Banyans of South Miami Co, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Banyans of South Miami Co home worth?
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Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: November 11, 2026) |
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
| Historical depth | Closed-sale records back to 2026 (1 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.
Recent Developments in Banyans Of South Miami Co
Development, infrastructure, retail, and school activity affecting Banyans Of South Miami Co, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Parks & Amenities
Coral Gables extends Art Cinema lease and moves toward Aragon Avenue expansion
The commission extended the cinema operators' lease by five years, to September 2035, and directed staff to pursue West Construction at about $1.24M for the expansion. The project converts a storefront at 240 Aragon Ave. into a 92-seat theater with a lobby and cafe. The city had earlier provided $450,000.
What it may mean for the marketThe expansion adds a cultural and cafe destination to the Miracle Mile and Aragon Avenue area downtown. The site is about 2 miles northeast of Banyans Of South Miami Co.
Source: Miami Today - October 2026Market
Miami-Dade retail construction pipeline reaches 1.3M SF, highest since early 2023
Colliers data for Q3 2026 show 1.3M SF under construction across 17 developments, double the year-earlier level. Direct vacancy was 3% and triple-net asking rents hit a record $44.34 per SF. Projects include Palm Springs Square in Miami Gardens (Publix signed) and Doral Atrium, which is 95% leased with a Walmart Neighborhood Market.
What it may mean for the marketMore grocery-anchored and neighborhood retail is coming to Miami Gardens and Doral, while tight vacancy and record rents point to limited available storefront space. The site is about 6 miles northeast of Banyans Of South Miami Co.
Source: Bisnow - October 2026Infrastructure
Ross and Soffer drop plans for Miami International Airport hotel after FAA rejection
The developers abandoned a 451-room Westin-branded hotel on a 1.8-acre airport site after the FAA said the design created a radar blind spot, and a shorter redesign was also rejected. The county plans to end the 50-year ground lease within about a month and speed up a new request for proposals.
What it may mean for the marketA new proposal round could still bring the airport's first new hotel in over 60 years, but the timing of on-site lodging and jobs is now uncertain. The site is about 5 miles north of Banyans Of South Miami Co.
Source: Bisnow - October 2026Retail & Dining
Shops at Sunset Place nears demolition for mixed-use redevelopment
The plan calls for 1,513 residences in seven towers of 12 to 33 stories, a 287-room hotel, a 1,300-seat theater, 202,462 square feet of retail and 65,892 square feet of office. Demolition is now targeted for early 2027 and a first phase around 2029. Plans estimate about $149 million in infrastructure improvements.
What it may mean for the marketReplaces a largely vacant mall with housing, hotel and street-level retail near Dadeland and the South Dade Metrorail line. The site is about 1 mile south of Banyans Of South Miami Co.
Source: Miami Today - September 2026Development
University of Miami agreement with Coral Gables would add a hospital of up to 100 beds
A development agreement would allow construction of a hospital with up to 100 beds on the university's Coral Gables campus, offering inpatient, outpatient and emergency care. The agreement would also reshape the campus, which includes the Gables Village residential complex of 1,458 beds slated for mid-2029. Cost, size and timeline for the hospital were not stated.
What it may mean for the marketA campus hospital would add inpatient and emergency care capacity and healthcare employment in the Coral Gables area. The site is less than a mile south of Banyans Of South Miami Co.
Source: Miami Today - September 2026Infrastructure
County committee reviews $101 million contract for MIA North Terminal baggage screening machines
A county committee is reviewing a $101 million contract to replace 25 explosives detection machines in the North Terminal's baggage-handling system at Miami International Airport. The work would take about four and two-thirds years and be phased to limit disruption.
What it may mean for the marketBaggage system upgrades at the airport support passenger throughput and airport-related operations over several years. The site is about 5 miles north of Banyans Of South Miami Co.
Source: Miami Today
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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