12904 BANYAN ROAD, NORTH MIAMI, FL, 33181
Active110 days on marketListed Apr 22, 2026MLS #TB8500637
About this home
12904 BANYAN ROAD
Bring your super yachts! This rare waterfront estate in Gated Keystone Point sits on a 15,504 SF corner lot with 250 FT on the water. Two docks (136 FT & 114 FT) provide room for two 100+ FT yachts in a deep-water canal w/ direct ocean access & no fixed bridges. This spacious 4BD/5BA home features newer white porcelain floors, large primary suite w/ expansive en-suite bath & French doors in every room opening to the pool for seamless indoor-outdoor living. Move-in ready w/ remodeled baths, built-in closets. Large bright and light open kitchen. Resort-style backyard boasts a pool, large patio decks, & covered outdoor kitchen. Seawall upgraded w/ batter piles & new cap, plus a new dock—a boater’s dream! electric gate, 2-car garage, prime location. A True one-of-a-kind waterfront opportunity!
Facts & features
The home at a glance
5
Bedrooms
5
Bathrooms
3,908
Sqft
0.36 ac
Lot size
2
Garage
1961
Year built
One
Levels
$7
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$348 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$348/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs North Miami actives
$7 vs $268
Days on market
110 vs 78 typical
Where $7/sqft sits among the 366 North Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Keystone Point
Get to know North Miami. See the full North Miami guide →
Keystone Point — neighborhood snapshot
Population
2,029
Median age
40
Median income
$102,460
Median home value
$1,158,300
Avg household
2
Households w/ children
162
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The North Miami market
$555K → $538K
North Miami median sold, yr/yr
95.4%
Sale-to-list ratio (12 mo)
30 of 366
North Miami actives have cut their price
Median sold price, North Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 86% below the NORTH MIAMI 33181 median. See the full North Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 12904 BANYAN ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$3,300,000
2140 Hibiscus Cir, North Miami FL 33181
4 bd · 3 ba · 3,823 sqft · $863/sqft · 186 DOM
Sold · Mar ’26$4,300,000
Nearby listing
5 bd · 6 ba · 3,783 sqft · $1,137/sqft · 1 DOM
Sold · Oct ’25$4,700,000
12605 Cyprus Rd, North Miami FL 33181
5 bd · 5 ba · 4,078 sqft · $1,153/sqft · 111 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Erwin Vazquez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 12904 BANYAN ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 12904 BANYAN ROAD — before you fall in love.
See it in person
Schedule a tour
Live availability from Erwin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
12904 BANYAN ROAD FAQs
What would the monthly payment be for 12904 BANYAN ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $348/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 12904 BANYAN ROAD?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in North Miami?+
At $26,000, this home is listed about 91% below the North Miami median of $295,000. The market section on this page shows how the area is trending.
Which schools are assigned to 12904 BANYAN ROAD?+
David Lawrence Junior K-8 Center (elementary), North Miami Middle School (middle), Alonzo & Tracy Mourning Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of MIAMI WATERFRONT REALTY · Richard Feldman. MLS #TB8500637.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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