Banyans of South Miami Co
Homes for Sale in South Miami, FL
All 16 homes for sale in South Miami, FL · median $342,000 · 35 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 October 2026, Banyans of South Miami Co in South Miami, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 8 recorded sales closed at a median of $762,500, $347 per square foot, a median 49 days on market, sellers accepting 87% of original asking. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $13,410 ($12,700 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 Co market snapshot (as of September 20, 2026): the median sale price is about $762K ($347 per sq ft over the trailing 12 months of closed sales), and a median 49 days on market for closed sales.
In ZIP 33143 (South Miami), 265 homes closed in the last 12 months at a median of $762K ($488/sq ft), up 2.7% year over year, with a median 57 days on market. Right now 97 active and 41 pending listings — a balanced market. See the live ZIP 33143 housing market and the Miami-Dade County market.
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.
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.
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
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 ($762K) IS the median in the snapshot above.
Windows contain 0 to 8 sales each (8 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 2018 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.
32% of homes for sale in ZIP 33143 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 (2026-10-20).
Banyans of South Miami Co Market Scorecard
Banyans of South Miami Co is currently a balanced market., a median asking price of $897,000, and homes go under contract in about 212 days.
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 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 2026-10-18, 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 2018 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.
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One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Banyans of South Miami CoHomes for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Banyans of South Miami CoHomes for Sale will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $1,350/month (about $16,200/yr) · median of 16 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $1,350 per month ($16,200 a year) — the median AssociationFee across 16 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
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 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?
Get a no-obligation home value based on real comparable sales in Banyans of South Miami Co, 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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Recently off market in BANYANS OF SOUTH MIAMI CO
Homes in BANYANS OF SOUTH MIAMI CO that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 6671 SW 70th Ter 20 · off market
| Location | South Miami, Miami-Dade County, FL · ZIP 33143 |
|---|---|
| Sale prices, last 12 months | $762,500 median across 8 closed sales · $347 per sq ft |
| Days on market (closed sales) | 49 median |
| For sale right now | 1 active, 0 pending · median asking $897,000 |
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 2018 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Banyans of South Miami Co key facts,” movewithmomentum.com/neighborhoods/banyans-of-south-miami-co, data as of September 20, 2026.
Every Home for Sale in Banyans Of South Miami Co Right Now (1)
All 1 active and pending Banyans Of South Miami Co listings with a detail page, newest first, refreshed twice a day from the MLS.
- 7075 SW 67th Ave 14 · $897,000 · 3 bd / 3 ba · listed Jul 22, 2026 · listed by Citara Realty Group
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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 October 2026.
- 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 - October 2026Development
Casa Bella Residences opens at 1400 Biscayne Boulevard in Downtown Miami
Related Group and Alta Developers completed the 56-story, 650-foot tower with 319 residences, including 10 penthouses. Closings are underway and first residents have moved in, with more than 90 percent of homes reported under contract. Construction began in November 2023.
What it may mean for the marketAdds 319 completed homes to the downtown Biscayne corridor, close to existing transit, offices and dining. The site is about 7 miles northeast of Banyans Of South Miami Co.
Source: Florida YIMBY - October 2026Builder Activity
Swire Properties breaks ground on Residences at Mandarin Oriental, Miami on Brickell Key
Swire Properties started construction at 500 Brickell Key Drive and 750 Claughton Island Drive on two towers, 66 stories (850 feet) and 33 stories (426 feet). The project includes 326 residences and a 121-room hotel, with Moss as general contractor and completion scheduled for 2030.
What it may mean for the marketAdds multi-year construction activity and future hotel and residential supply on Brickell Key, near the Brickell employment core. The site is about 6 miles northeast of Banyans Of South Miami Co.
Source: Florida YIMBY - 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 2026Civic
Miami-Dade commissioners adopt $14.26 billion budget with flat tax rate
County commissioners approved the fiscal year 2026-27 budget after a meeting that ran from Thursday afternoon into Friday morning. The operating property tax rate stays flat at 4.57 mills. The county says the plan prioritizes public safety, parks and transportation amid slowing revenue growth.
What it may mean for the marketA flat operating millage keeps the county's property tax rate steady for owners across Miami-Dade for the coming fiscal year. The site is about 6 miles northeast of Banyans Of South Miami Co.
Source: Local 10 News - 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.
Frequently Asked Questions
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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: October 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 2018 (21 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.
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