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$16,000,000   Price Analysis
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12423 Banyan Rd
North Palm Beach, FL 33408
5 bed 7 bath 6,414 SqFt ($2494/SqFt)
1.25 acre lot. Built 1999
Listed 2024-06-17, HOA $700, Taxes $111,800		Ⓧ USDA Ineligible
due to price & location
near North Palm Beach

Discover unparalleled luxury in the prestigious enclave of Seminole Landing

Where security and privacy meet seaside elegance. Spanning over 6, 400 square feet of exquisitely crafted living space, this stunning estate offers a rare blend of comfort and sophistication.Upon arrival, a double gated circular driveway and expansive motor court set the stage for grand entertaining, while a fully air-conditioned 5-car garage ensures safekeeping for your prized vehicles. Step inside to find multiple living areas adorned with marble floors and soaring coffered ceilings, complemented by master crafted wood inlays--a testament to meticulous craftsmanship. The gourmet kitchen features double islands with marble countertops, 60'' Subzero refrigerators and a striking free-standing Wolf range. Adjacent, a serene office with a double-sided fireplace offers a peaceful retreat for work or contemplation.

The opulent primary suite boasts white oak floors, designer lighting and double French doors leading to a private terrace. Its ensuite bath is a sanctuary of luxury with bespoke details, while a custom walk-in closet with built-n wine chiller and sitting area adds to the indulgence. Four additional bedrooms, including two lavish guest suites with ensuite baths and thoughtful amenities, provide ample space for family, guests or staff. Outside, a sprawling resort-style pool overlooks a lush zoysia yard with a putting green, leading to a private dock complete with a jet ski liftan idyllic setting for enjoying North Palm Beach's waterfront lifestyle. Surrounding the property, lush landscaping and a fully fenced 1.25-acre lot ensure both privacy and security, with strategically placed security cameras providing peace of mind. Integrated Savant system allows you to enjoy your favorite music throughout the estate, enhancing every moment of relaxation or entertainment.Experience the epitome of luxury living in Seminole Landing. Schedule your private tour today and envision the lifestyle that awaits in this e xceptional Palm Beach estate.


Presented by Joy Kairalla at
The Agency.


Property MLS #RX-10996626 from BeachesMLSFlex

Bedrooms: 5
Bedrooms On Main Level: 3
Primary Bedroom Level: M
Bedroom 2 Level: M

Total Bathrooms: 6 / 1
Full Bathrooms: 6
1/2 Bathrooms: 1
Bathrooms On Main Level: 4
Primary Bathroom Features: 2 Master Suites, Dual Sinks, Mstr Bdrm - Ground, Mstr Bdrm - Sitting, Separate Shower, Separate Tub

Closet Cabinets
Entry Lvl Lvng Area
Fireplace(s)
Foyer
French Door
Kitchen Island
Roman Tub
Split Bedroom
Upstairs Living Area
Volume Ceiling
Walk-in Closet
Furnished Description: Unfurnished
Flooring: Carpet, Marble, Wood Floor
Window Features: Impact Glass

Auto Garage Open
Dishwasher
Dryer
Freezer
Generator Hookup
Microwave
Range - Gas
Refrigerator
Smoke Detector
Washer

Cabana Bath, Den/Office, Great, Laundry-Inside, Maid/In-Law
Den Level: M
Living Room Level: M

Cooling Features: Central
Heating Features: Central

Dining Area Description: Breakfast Area, Dining/Kitchen, Eat-In Kitchen, Formal
Kitchen Level: M

Auto Sprinkler
Built-in Grill
Covered Balcony
Covered Patio
Deck
Patio And Porch Features: Porch Remarks: Balcony, Patio, Porch

Water Features: Private Dock
Interior Canal
Intracoastal

Pool Features: Private Pool: Freeform, Gunite, Heated
Pool Private: Yes
Spa Features: Gunite, Heated, In Ground

Covered Spaces: 5
Garage Spaces: 5
Open Parking Spaces: 7
Parking Features: 2+ Spaces, Drive - Circular, Garage - Attached

Lot Description: 1 to < 2 Acres, East of US-1, Paved Road
Lot Size Acres: 1.2508264
Lot Size Square Feet: 54486

View: Garden, Lagoon, Pool
Security Features: Burglar Alarm, Gate - Manned, Security Patrol, Security Sys-Owned, TV Camera

Association: Yes
Association Amenities: Common Areas, Trash Removal
Association Fee: 700
Association Fee Amenities: Private Beach Pvln, Tennis
Calculated Total Monthly Association Fees: 700
Association Name: Mandatory
Pets Allowed: Yes

Elementary School: The Conservatory School at North Palm Beach

The Conservatory School is a public elementary and middle school located approximately 3.3 miles away.
directions icon Map directions

William T. Dwyer High School is a public high school located approximately 3.7 miles away.
directions icon Map directions

Batt Private School is a private elementary, middle and high school located approximately 0.9 miles away.
directions icon Map directions

Community Features: Gated Community:

Application Fee: 500.00

Annual Tax Amount: 156681.00
Source Listing Status: Active
County: Palm Beach
Directions: 1 mile north of PGA Blvd on US HWY 1. Head east on PGA from I 95 on US 1. Seminole Landing is on right. Gate access.
Tax Year: 2023
Restrictions: Buyer Approval
Source Property Type: Residential
Area: 5220
Source Neighborhood: SEMINOLE LANDING
Subdivision: SEMINOLE LANDING
Zoning: RS
Property Subtype: Single Family Detached
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$unknown + $unknown
$6,053,744		$111,800
2021$3,599,404 + $1,904,000
$5,503,404		$96,525
2020$2,390,535 + $1,700,000
$4,090,535		$72,555
2019$unknown + $unknown
$3,496,634		$62,135
2018$unknown + $unknown
$3,431,437		$59,096
2017$unknown + $unknown
$3,360,859		$58,812
2016$unknown + $unknown
$3,291,733		$59,177
2015$unknown + $unknown
$3,265,535		$60,705
2014$unknown + $unknown
$3,239,618		$60,907
2013$unknown + $unknown
$3,019,304		$57,706
2012$unknown + $unknown
$2,795,923		$54,383
2011$unknown + $unknown
$2,934,549		$58,329
2010$unknown + $unknown
$2,214,637		$43,742
2008$unknown + $unknown
$2,465,003		$46,840
2007$unknown + $unknown
$3,273,876		$55,526

Listed 2024-06-17
$16,000,000
BeachesMLSFlex
Sold 2020-10-23
$6,800,000
BeachesMLSFlex
Listed 2020-07-10
$6,995,000
BeachesMLSFlex
Sold 2019-10-16
$5,556,000
BeachesMLSFlex
Listed 2019-04-21
$5,925,000
BeachesMLSFlex
Sold 2019-02-15
$4,500,000
BeachesMLSFlex
Sold 2013-02-05
$3,610,000
JTHSMLS
Listing removed 2012-12-21
$4,200,000
JTHSMLS
Price Changed 2012-08-14
$4,200,000
JTHSMLS
Listed 2012-01-18
$5,495,000
JTHSMLS
Listed 2012-01-16
$4,200,000
JTHSMLS
Sold 2010-08-03
$4,500,000
Public Record
Listed 2010-08-03
$5,495,000
BeachesMLSFlex
Sold 2010-08-03
$4,500,000
JTHSMLS
Listing removed 2010-06-28
$5,495,000
JTHSMLS
Relisted 2010-06-21
$5,495,000
JTHSMLS
Listing removed 2010-05-31
$5,495,000
JTHSMLS
Price Changed 2010-05-20
$5,495,000
JTHSMLS
Listed 2009-07-17
$5,495
JTHSMLS
Listed 2009-07-17
$5,495,000
JTHSMLS
Sold 2007-02-05
$3,650,000
Public Record
Listed 2007-02-05
$3,850,000
BeachesMLSFlex
Sold 2007-02-05
$3,650,000
JTHSMLS
Listed 2006-10-03
$3,850,000
JTHSMLS
Sold 2000-03-11
$3,450,000
Public Record
Sold 1998-09-11
$375,000
Public Record
Sold 1996-03-26
$377,500
Public Record
Sold 1995-01-10
$320,000
Public Record

Total Square Feet Living: 6414
Year Built: 1999
Construction Materials: Block, CBS, Stucco
Direction Faces: East
Living Area Source: Appraisal
Property Age: 25
Property Condition: Resale
Roof: Concrete Tile
Levels or Stories: 2.00
House Style: Mediterranean
Total Area Sqft: 8675
Year Built Details: Resale

Cable
Electric
Public Water
Septic
Water Source: Public Water
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house_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.