Banyan Place Amd Extens Homes for Sale

Banyan Place Amd Extens is a residential community in Miami, Florida.

Pure Equity Realty covers Banyan Place Amd Extens and the Miami area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 3 Banyan Place Amd Extens Miami homes for sale as of October 2026. The median asking price is $3.2M.

That is 396% above the Miami median of $645,000. On a per-foot basis, homes here ask about $1,384 per square foot, compared with $509 across Miami. So the median price buys roughly 2,300 square feet of living area.

Listings here have averaged 287 days on the market. That is slower than the Miami average of 144 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Banyan Place Amd Extens date from 1937, so they are about 89 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Rentals in Banyan Place Amd Extens have a median asking rent of $4,000 per month, across 1 active rental listing. For comparison, the Miami median is $3,000, so rents here run 33% higher.

You can browse current Miami rentals or ask us for a rent estimate on a specific Banyan Place Amd Extens home.

Here is what the median Banyan Place Amd Extens price means in Florida closing terms. At $3.2M, a 20% down payment comes to about $640,000, leaving a loan near $2.56M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $8,960. Next, the intangible tax of 0.2% adds about $5,120. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $19,200 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Banyan Place Amd Extens listings show assignments to Phillis Wheatley (elementary), Jose De Diego (middle) and Booker T. Washington (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.