Banyans of South Miami Co in South Miami

Banyans of South Miami Co
Homes for Sale in South Miami, FL

Community in South Miami · Miami-Dade County · ZIP 33143
Median sale $762K
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True comps, carrying-cost math, and listings before the portals.

Photo via MIAMI MLS

Built fromLive MIAMI MLS data8 years of closingsUpdated twice daily

As of September 2026, Banyans of South Miami Co in South Miami, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 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).

Live · Banyans of South Miami Co Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$762K
Median sold · 12 mo
$347/sf
Sold $/sqft · 12 mo
peak $347 in 2026
87.1%
Sale vs ask
Miami-Dade median: 94.0%
Tempo
49days
Median DOM · closed
11 days at the 2022 low
0%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
1 · 0
For sale · pending
live counts, refreshed twice daily
8
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 8 years of records
2,200sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

The 60-Second Overview

Banyans of South Miami Co market snapshot (as of September 12, 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.

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.

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

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.

Homes sold per 12-mo window
025820182020202220242026
0 to 8 a year; 8 in the current window.

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.

$3,172/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.

BANYANS OF SOUTH MIAMI CO Market Scorecard

Thin data

BANYANS OF SOUTH MIAMI CO is currently a thin data market. Limited supply, a median asking price of $897,000, and homes go under contract in about 212 days.

n/a
Months supply
$897,000
Median list
n/a
Median sold
$408
Per sqft
212
Days on mkt
1/0/0
Active/Pend/Sold

Typical home value in the 33143 ZIP is $957,553, about 137.1% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. 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 2026-09-12, 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.

If we were buying in Banyans of South Miami Co 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 Banyans of South Miami Co.

Best Buy
Buyers focused on a specific unit or building rather than a set of shared community amenities.
Biggest Risk
With only seven recent closings, the median price and price-per-square-foot can shift quickly as new sales post.
Sweet Spot
Buyers and sellers who price off recent, comparable closings rather than the community median alone.
Avoid If
You are shopping for a defined amenity package, since none is documented in current MLS listings.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers focused on a specific unit or building rather than a set of shared community amenities.
Biggest advantageA moderate 50-day market gives buyers time to evaluate before committing.
Biggest riskWith only seven recent closings, the median price and price-per-square-foot can shift quickly as new sales post.
Sweet spotBuyers and sellers who price off recent, comparable closings rather than the community median alone.
Avoid ifYou are shopping for a defined amenity package, since none is documented in current MLS listings.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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.

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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Real comps, not an automated estimate.

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.

Frequently Asked Questions

What is the median home price in Banyans of South Miami Co?
The median sale price in Banyans of South Miami Co was $762K over the 12 months ending September 12, 2026 (8 closed sales, MIAMI MLS).
How long do homes in Banyans of South Miami Co take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 49 days on market (8 sales, MIAMI MLS).
Who is the best real estate agent for Banyans of South Miami Co?
The best agent for Banyans of South Miami Co is one who actively works South 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 Banyans of South Miami Co.
How do I find a top South Miami real estate agent who knows Banyans of South Miami Co?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Banyans of South Miami Co and the wider South Miami area.
Can Momentum Realty connect me with an agent for Banyans of South Miami Co?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Banyans of South Miami Co purchase or sale - no call center and no pressure.
Buyers targeting a specific home or floor plan rather than a community-wide amenity setExcellent fit
Buyers comfortable pricing off individual comparables in a low-volume marketExcellent fit
Sellers prepared to price based on recent closed comparables rather than an assumed community averageExcellent fit
Buyers who want documented, on-site community amenities as a deciding factorProbably not
Buyers expecting a fast-moving, high-competition sale processProbably not
Anyone relying on a single community-wide price figure to set an offer or listing price without checking recent comparablesProbably not

Nearby Communities

Explore more neighborhoods near Banyans of South Miami Co with Momentum Realty’s local guides.

MPMerion Park Manor 2Nd Add0.1 mi awayDGDavis Gardens0.3 mi awayCTCocoplum Terr0.3 mi awaySHSunset Haven0.3 mi awayNHNelson Homesites0.3 mi awayRPRoyal Palm Villas (Miami Dade)0.3 mi awayLCLindas Casas0.4 mi awayMTMango Terrace (Miami Dade)0.4 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-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.

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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CallFree valuation →
Thinking of selling in BANYANS OF SOUTH MIAMI CO? 8 recorded closings; median 49 days on market (window ending 2026-09-12). 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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