Located in the exclusive town of Gulf Stream just a block form the ocean on an oversized lot, this quintessential seaside home has been completely rebuilt retaining the style and character of yesteryear. With a spacious floor plan, this custom residence features 4 bedrooms, 4.1 baths, a gourmet eat in kitchen, dining room with pecky cypress ceilings, living room with fireplace, media room with beverage center, office with custom built-ins, and a sumptuous master bedroom suite which opens to a lovely private veranda. Architectural features include hardwood floors, tongue and groove walls, french doors, pecky cypress ceilings and loads of natural light. Separately, the private pool compound is perfect for entertaining with a large open patio, cabana kitchen, and cabana bath. Only a short stroll to GSS and deeded beach rights combine to make this one of the most compelling offerings in desirable Gulf Stream .
Single-familyProperty Type
1946Year Built
0.36 acresLot Size
$1,939Est. Price/Sq.Ft.
2 car garageParking
Listed by Candace Friis• The Corcoran Group
Bought with Jen Kilpatrick• The Corcoran Group
Source:Beaches MLS #R10056378
Redfin Estimate
$6,149,551
$1.1M since sold in March 2026$19K since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 132.1% higher than the average sale price ($2.65M) of 5 comparable homes.
Located in the exclusive town of Gulf Stream just a block form the ocean on an oversized lot, this quintessential seaside home has been completely rebuilt retaining the style and character of yesteryear. With a spacious floor plan, this custom residence features 4 bedrooms, 4.1 baths, a gourmet eat in kitchen, dining room with pecky cypress ceilings, living room with fireplace, media room with beverage center, office with custom built-ins, and a sumptuous master bedroom suite which opens to a lovely private veranda. Architectural features include hardwood floors, tongue and groove walls, french doors, pecky cypress ceilings and loads of natural light. Separately, the private pool compound is perfect for entertaining with a large open patio, cabana kitchen, and cabana bath. Only a short stroll to GSS and deeded beach rights combine to make this one of the most compelling offerings in desirable Gulf Stream .
Beaches MLS #R9981740
Nov 7, 2013
Sold
$1,309,000
$413/sq ft
Oct 22, 2013
Pending
—
Oct 1, 2013
Listed
$1,495,000
$471/sq ft
+3
Situated on a tree lined lane between the ocean and Intracoastal Waterway within walking distance to a secluded deeded beach, this charming home offers three bedrooms with en suite baths, new gourmet kitchen, newly added family room, living room with fireplace, hardwood floors, pecky cypress ceilings, large pool with lushly landscaped gardens, detached garage with separate guest bedroom and bath. May convert to a two car garage. Large property; over a third of an acre just moments to Gulf Stream School.
Public Records
Sep 3, 1991
Sold
$257,500
$81/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$23,586 (+3.0%)
2024
$22,907 (+2.2%)
2023
$22,420 (+0.6%)
2022
$22,284 (−6.1%)
2021
$23,744
2020
$23,753 (+0.5%)
2019
$23,635 (+3.8%)
2018
$22,760 (−1.2%)
2017
$23,030 (−7.6%)
$1,176,222 + $66,656
$1,242,878
2016
$24,912 (−6.1%)
$1,238,128 + $67,409
$1,305,537
2015
$26,534 (+27.1%)
$967,287 + $348,842
$1,316,129
2014
$20,874 (+133.4%)
2013
$8,943 (+2.9%)
2012
$8,694 (+21.9%)
2011
$7,132
Tax history for 12 Banyan Rd
Year
Property tax
Land + Additions
Assessment*
2025
$23,586 (+3.0%)
2024
$22,907 (+2.2%)
2023
$22,420 (+0.6%)
2022
$22,284 (−6.1%)
2021
$23,744
2020
$23,753 (+0.5%)
2019
$23,635 (+3.8%)
2018
$22,760 (−1.2%)
2017
$23,030 (−7.6%)
$1,176,222 + $66,656
$1,242,878
2016
$24,912 (−6.1%)
$1,238,128 + $67,409
$1,305,537
2015
$26,534 (+27.1%)
$967,287 + $348,842
$1,316,129
2014
$20,874 (+133.4%)
2013
$8,943 (+2.9%)
2012
$8,694 (+21.9%)
2011
$7,132
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Bathroom Information
# of Full Baths: 3
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Electric
Heating Type: Forced Air
Fireplace Information
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Building Construction Quality: Below Average
Exterior Wall: Wood Siding
Roof Covering Type: Asphalt/Composition
Roof Shape Type: Asphalt/Composition
Building Type: Single Family
Pool Information
Pool Type: Inground
Has Pool
Property Information
Subdivision Name: GULFSTREAM PROP 02
Living Sq. Ft: 3,172
Ground Floor Sq. Ft: 3,172
Building Sq. Ft: 3,931
# of Units: 1
# of Stories: 1
Legal Description: PL SHOWING GULF STREAM PROP 2 LT 54 & W 1/2 OF PALM WAY LYG E OF & ADJ THERETO
Parking & Garage Information
Parking Type: Detached Finished Garage
Garage/Parking Sq. Ft: 400
Garage / Carport Type: Detached Finished
Lot Information
# of Buildings: 1
Land Sq. Ft: 15,783
Legal Lot Number: 54
Municipality Name: GULFSTREAM
Acres: 0.3623
Depth Footage: 137
Front Footage: 115
Zoning Code: RS-C
State Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 3.5
Sq. Ft.: 3,172
Stories: 1.0
Lot Size: 0.36 acres
Style: Single Family Residential
Year Built: 1946
Year Renovated: 2000
County: Palm Beach County
APN: 20434603060000540
Home facts updated by county records on Jul 2, 2026
Around this home
Schools
Plumosa School Of The Arts
Public PreK-8 • Assigned • 1.1mi
7/10
Atlantic High School
Public 9-12 • Assigned • 3.6mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 28 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Gulf Stream, FL • 33483
Average low and high temperatures (°F)
73
59
76
63
79
67
81
73
87
77
88
78
89
78
90
80
88
78
83
75
80
69
77
66
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
9.2 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$5.84M – $7.07M
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