Real Estate by Fania — Stefania Riverin
(786) 828-0091

$6,000,000

5600 Oakwood Ln

4 bd · 4 ba · 5,005 sq ft

0 days on marketSingle Family Residence
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Listing courtesy of BHHS EWM Realty. 305-329-7782

From the MLS

Bedrooms
4
Bathrooms
4
Living area
5,005 sq ft
Asking per square foot
$1,199
Year built
1979
ZIP code
33156
MLS number
A12103490

What the listing says

Set on a 31,272 SF (0.72-acre) corner lot in the exclusive, gated Banyan Drive neighborhood of Coral Gables, within the Snapper Creek Oaks subdivision and near prestigious Ponce-Davis. An intimate enclave of approximately 50 properties, Banyan Drive is experiencing a significant wave of luxury redevelopment, with 7 newly constructed estates since 2019 and at least 7 additional homes under development. This oversized corner lot, measuring approximately 224' x 141', offers the opportunity to build a custom luxury estate. Conceptual plans by Castillo Architecture & Planning envision a spectacular two-story residence with approximately 11,322 SF A/C and 13,268 SF total area, featuring 6 bedrooms plus staff quarters, home office, gym, home theater, game room, expansive entertaining areas, resort-style pool, and 3-car garage. The existing residence is livable and offers potential rental income while planning future development. Ideally located near South Miami, Coconut Grove, and Pinecrest. Renderings and plans are conceptual only and have not been submitted to or approved by the City of Coral Gables or Miami-Dade County. Buyer must independently verify zoning, development, permitting and approval requirements, as well as the status and transferability of existing permits.

Description supplied by BHHS EWM Realty.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.

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