PARK YOUR YACHT HERE, YACHTSMEN'S PARADISE, PROTECTIVE COVE, TRIPLE POINT LOT. ONE OF GULF STREAM'S FINEST WATERFRONT LOTS. WATER ON THREE SIDES, TOTAL OF 530 FT.+/- WATERFRONTAGE. SUPER DOCKAGE. HOME USES PRIVATE SEWER SYSTEM. ***SEE SUPPLEMENT*** Surrounded by water on three sides, this rare double-point estate features a grand total of 530� feet of shoreline which fronts the Intracoastal Waterway and famous Polo Cove, giving unobstructed panoramic water views stretching from the west to the south and east. A winding drive leads to a circular motor court in front of the residence on expansive lawns with lush, established tropical trees and plantings. By the sun-splashed pool, the lounge terrace takes in the sweeping water view of the island-like setting. The cove frontage is equipped with boat dockage. Disclaimer: The information provided herein including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all enclosed information. Prospects' use of any information herein is acknowledgement of this disclaimer and that Prospect shall perform their own due diligence. Prospects shall not rely on this information when entering into a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please do not consider this a solicitation. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Buyer pays title insurance, Florida documentary stamps, and all other closing costs for New Construction and land use. Copyright 2016 Listing Company. All Rights Reserved.
Single-familyProperty Type
0.65 acresLot Size
$2,617Est. Price/Sq.Ft.
2 car garageParking
Listed by William Koch• Premier Estate Properties, Inc
Listed by Pascal Liguori• Premier Estate Properties, Inc
Bought with Candace Friis• The Corcoran Group
Source:Beaches MLS #R10249114
Redfin Estimate
$10,658,902
$10.3M since sold in October 2018$1.1M since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 122.7% higher than the average sale price ($4.79M) of 6 comparable homes.
PARK YOUR YACHT HERE, YACHTSMEN'S PARADISE, PROTECTIVE COVE, TRIPLE POINT LOT. ONE OF GULF STREAM'S FINEST WATERFRONT LOTS. WATER ON THREE SIDES, TOTAL OF 530 FT.+/- WATERFRONTAGE. SUPER DOCKAGE. HOME USES PRIVATE SEWER SYSTEM. ***SEE SUPPLEMENT*** Surrounded by water on three sides, this rare double-point estate features a grand total of 530� feet of shoreline which fronts the Intracoastal Waterway and famous Polo Cove, giving unobstructed panoramic water views stretching from the west to the south and east. A winding drive leads to a circular motor court in front of the residence on expansive lawns with lush, established tropical trees and plantings. By the sun-splashed pool, the lounge terrace takes in the sweeping water view of the island-like setting. The cove frontage is equipped with boat dockage. Disclaimer: The information provided herein including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all enclosed information. Prospects' use of any information herein is acknowledgement of this disclaimer and that Prospect shall perform their own due diligence. Prospects shall not rely on this information when entering into a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please do not consider this a solicitation. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Buyer pays title insurance, Florida documentary stamps, and all other closing costs for New Construction and land use. Copyright 2016 Listing Company. All Rights Reserved.
Public Records
Nov 1, 1986
Sold
$895,000
$220/sq ft
Public Records
Dec 1, 1982
Sold
$537,000
$132/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$161,325 (+148.3%)
2024
$64,968 (+4.5%)
2023
$62,176 (−3.1%)
2022
$64,153 (−0.2%)
2021
$64,253 (−5.1%)
$3,570,000 + $238,791
$3,808,791
2020
$67,725
$3,808,000 + $146,358
$3,954,358
2019
$67,759 (+1.3%)
$3,808,000 + $146,358
$3,954,358
2018
$66,879 (+6.4%)
2017
$62,861 (+129.2%)
$3,395,700 + $123,551
$3,519,251
2016
$27,427 (−5.0%)
2015
$28,874 (+5.6%)
2014
$27,349 (+2.3%)
2013
$26,735 (+3.5%)
2012
$25,841 (+1.6%)
2011
$25,434
Tax history for 588 Banyan Rd
Year
Property tax
Land + Additions
Assessment*
2025
$161,325 (+148.3%)
2024
$64,968 (+4.5%)
2023
$62,176 (−3.1%)
2022
$64,153 (−0.2%)
2021
$64,253 (−5.1%)
$3,570,000 + $238,791
$3,808,791
2020
$67,725
$3,808,000 + $146,358
$3,954,358
2019
$67,759 (+1.3%)
$3,808,000 + $146,358
$3,954,358
2018
$66,879 (+6.4%)
2017
$62,861 (+129.2%)
$3,395,700 + $123,551
$3,519,251
2016
$27,427 (−5.0%)
2015
$28,874 (+5.6%)
2014
$27,349 (+2.3%)
2013
$26,735 (+3.5%)
2012
$25,841 (+1.6%)
2011
$25,434
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Jul 31, 2024 • Final
Imported record
Install a new pool and spa.
Pool and hot tub
Jul 26, 2024 • Final
Imported record
Install electrical service for a pool and spa.
Electrical
Pool and hot tub
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Heating & Cooling
Heating Fuel Type: Electric
Fireplace Information
Has Fireplace
Exterior
Exterior Information
Building Construction Quality: Luxury
Exterior Wall: Concrete Block/Stucco
Roof Covering Type: Concrete Tile
Roof Shape Type: Concrete Tile
Pool Information
Pool Type: Inground
Has Pool
View Information
View: Intercoastal Waterway
Property Information
Subdivision Name: POLO COVE
Adjusted Gross Sq. Ft: 4,073
# of Units: 1
# of Stories: 2
Legal Description: PLAT OF POLO COVE LT 1, S 50 FT OF LT 2 & S 50 FT OF LT 2A
Lot Information
# of Buildings: 2
Land Sq. Ft: 28,100
Legal Lot Number: 2A
Municipality Name: GULFSTREAM
Acres: 0.6451
Depth Footage: 53
Front Footage: 530
Zoning Code: RS-C
State Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,073
Stories: 2.0
Lot Size: 0.65 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Palm Beach County
APN: 20434603020000010
Home facts updated by county records on Sep 28, 2026
Around this home
Schools
Plumosa School Of The Arts
Public PreK-8 • Assigned • 0.9mi
7/10
Atlantic High School
Public 9-12 • Assigned • 3.4mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
9/10 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
9/10 Heat Factor
7 days above 105° expected this year, 26 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
90
79
90
79
87
76
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
$10.13M – $12.26M
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