For sale Home

Listed Oct 8, 2026

$6,000,000 Est. $39,685/mo

5600 Oakwood Lane

  • 4

    Beds

  • 4

    Baths

  • 5,005

    Sq ft

The story

  • Pool

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.

Facts & features

Home type

Home

Year built

1979

Floors

2

Lot size

1 acres

Price per sq ft

$1,199

Parking

2-car garage

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Air, Ceiling Fans, Electric

  • Heating

    Central, Electric

  • Appliances

    Built In Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer

  • Flooring

    Concrete, Porcelain Tile, Tile

  • Roof

    Flat, Tile

  • Exterior

    Deck, Fence

  • Water Source

    Public

  • Sewer

    Septic Tank

Mortgage calculator

Estimated monthly payment

$39,685 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $31,935
  • Property tax $6,000
  • Insurance $1,750

Includes principal, interest, taxes & insurance.

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Listing Broker

BHHS EWM Realty

Broker Name

BHHS EWM Realty

Agent

Scott Shuffield

Location

Coral Gables FL 33146