12423 Banyan Road, North Palm Beach, FL 33408 (MLS# R11145038)

12423 Banyan Road, North Palm Beach, FL 33408

$9,700,000

Virtual Tour

https://www.propertypanorama.com/12423-Banyan-Road-North-Palm-Beach-FL-33408/unbranded

Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 8,275 Lot Size (sq. ft.): 54,450 Status: Closed

Current Price: $9,700,000 List Date: 12/06/2025 Last Modified: 2/04/2026

Overview

Description

NEW PHOTOS COMING SOON. One of Seminole Landing's jewels, this gated enclave is available for a new family. Situated just steps from the sparkling Atlantic, this compound has it all. Gated and sitting on more than an acre, this amazing home offers every amenity. An air-conditioned five car garage, putting green and water-sports dock, this home is the water lover's dream. Five en-suite bedrooms are strategically placed offering maximum privacy to all. The light and bright kitchen-family room overlooking the pool and gardens is a perfect gathering spot for family and friends. If entertaining is your passion, the formal living and dining rooms bathed in natural light will be your delight.

Supplements: The superior location in Seminole Landing, which is just a short ride to Palm Beach and every local amenity, is the Gold Standard for gated beachfront communities in the area. Close to world class golf, dining and marinas, so many choices, so little time. Seminole Landing also offers easy access to many private schools. This is the one, come enjoy ... (Read more)

Listing Details MLS# R11145038

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 7
Bathrooms Full: 6
Bathrooms Half: Yes
Building Area Main: 8275
Building Area Source: Plans
Living Area Main: 5963
Year Built: 1999
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 5
Covered Spaces: 5
Gated Community YN: Yes
Lot Size Area: 54486
Lot Size Acres: 1.25
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: East
Fireplace YN: Yes
Pool Private YN: Yes
Spa YN: Yes
Furnished: Unfurnished
Year Roof Installed: 2018

Property Features

Association Fee Includes: Security; Trash Dining Area: Breakfast Area; Eat-In Kitchen; Formal Dining; Kitchen Dining Electric: Three Phase Exterior Features: Built-in Barbecue; Custom Lighting Fireplace Features: Decorative Flooring: Carpet; Marble; Wood Parking Features: Circular Driveway; Garage Door Opener; Attached Garage; Garage Property Condition: Resale Spa Features: Above Ground; Gunite; Heated Appliances: Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Refrigerator; Washer; Water Softener Water Softener Details: Water Softener Owned Architectural Style: Traditional Boat and Dock Features: Private Dock Construction Materials: CBS; Stucco Cooling: Ceiling Fan(s); Central Air; Zoned Association Type: Homeowner Association Heating: Central; Zoned Interior Features: Bedroom Layout - Split; Cabana Bath; Cathedral Ceiling(s); Central Vacuum; Closet Cabinetry; Entrance Foyer; French Doors; Kitchen Island; Pantry; Upstairs Living Area; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Laundry Features: Inside; Laundry Tub Listing Terms: Cash; Conventional Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: Number Limit Pool Features: Equipment Included; Gunite; Heated; In Ground Possession: Close Of Escrow Restrictions: Buyer Approval Required Road Frontage Type: East of US-1; Private Road Roof: Barrel Security Features: Gated with Guard; Security System; Security System Owned Sewer: Septic Tank Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Tax Information: County Only; Homestead Exemption Utilities: Cable Available; Water Available View: Garden; Pool Water Access: Fixed Bridge; Ocean Access Water Source: Public Water View: Lagoon Waterfront Features: Navigable Water Window Features: Blinds; Drapes Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany Outdoor Living Spaces: Balcony; Patio; Porch Balcony Details: Balcony - Covered Patio Details: Patio - Open Porch Details: Porch - Screened Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Family Room; Great Room; Kitchen; Laundry; Living Room; Maid/In-Law Quarters; Master Bedroom Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2025-12-03
Original List Price: 9950000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 12423
Street Name: Banyan
Street Suffix: Road
City Name: North Palm Beach
State Or Province: FL
Postal Code: 33408
Postal Zip: 33408
Subdivision Name: Seminole Landing
Area: 5220
Geographic Area: PB28
Special Assessment YN: No
Parcel Number: 00434133120000010
Zoning: RS
Directions: East side of US 1 approximately 1 mile north of PGA Blvd. Head east on PGA from I-95. Turn left (north) on US1. Seminole Landing is on the right. Gate Access.
Multiple Offers Accepted: Yes

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 1156
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 154673
Tax Year: 2025
Tax Legal Description: SEAGRAPE LANDING LT 1

Status Change Information

Major Change Timestamp: 2026-02-04T16:02:48Z
Major Change Type: Status Change
Status Change Date: 2026-02-04
Under Contract Date: 2025-12-13
Close Date: 2026-02-02
Close Price: 9700000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Entry Information

Entry Location: Entry Level Living Area Y

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock: Yes
Dock Details: Yes

Capital Contributions

Capital Contributions YN: Yes
Capital Contributions Amount: 6936

Main Level Rooms

Main Level Bathrooms: 4
Main Level Bedrooms: 3

Storm Protection

Impact Glass: Complete
Roll-Down Shutters: Partial

Showing Details

Pet(s) on Premises: Yes

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Second
Bedroom 5 Level: Second
Den Level: Main
Great Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Bedroom 2: Yes
Bedroom 3: Yes
Bedroom 4: Yes
Bedroom 5: Yes
Den: Yes
Family Room: Yes
Great Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Maid/In-Law Quarters: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 1626.69
Original List Price To Close Price: 1.02

Originating Details

Originating System Key: 20251125210930513691000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Jogging Path: Yes
Tennis Court(s): Yes

Association Fee Includes

Security: Yes
Trash: Yes

Dining Area

Breakfast Area: Yes
Eat-In Kitchen: Yes
Formal Dining: Yes
Kitchen Dining: Yes

Electric

Three Phase: Yes

Exterior Features

Built-in Barbecue: Yes
Custom Lighting: Yes

Fireplace Features

Decorative: Yes

Flooring

Carpet: Yes
Marble: Yes
Wood: Yes

Parking Features

Circular Driveway: Yes
Garage Door Opener: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Spa Features

Above Ground: Yes
Gunite: Yes
Heated: Yes

Possession

Close Of Escrow: Yes

Sewer

Septic Tank: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Available: Yes
Water Available: Yes

View

Garden: Yes
Pool: Yes

Heating

Central: Yes
Zoned: Yes

Sprinkler Description

Auto Sprinkler: Yes
Zoned Sprinkler: Yes

Water Access

Fixed Bridge: Yes
Ocean Access: Yes

Water View

Lagoon: Yes

Window Features

Blinds: Yes
Drapes: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Softener: Yes

Construction Materials

CBS: Yes
Stucco: Yes

Interior Features

Bedroom Layout - Split: Yes
Cabana Bath: Yes
Cathedral Ceiling(s): Yes
Central Vacuum: Yes
Closet Cabinetry: Yes
Entrance Foyer: Yes
French Doors: Yes
Kitchen Island: Yes
Pantry: Yes
Upstairs Living Area: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet(s): Yes
Wet Bar: Yes

Laundry Features

Inside: Yes
Laundry Tub: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Equipment Included: Yes
Gunite: Yes
Heated: Yes
In Ground: Yes

Road Frontage Type

East of US-1: Yes
Private Road: Yes

Roof

Barrel: Yes

Security Features

Gated with Guard: Yes
Security System: Yes
Security System Owned: Yes

Water Source

Public: Yes

Waterfront Features

Navigable Water: Yes

Water Softener Details

Water Softener Owned: Yes

Architectural Style

Traditional: Yes

Boat and Dock Features

Private Dock: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Zoned: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes

Master Bedroom/Bath

Dual Sinks: Yes
Master Bdrm - Ground: Yes
Master Bdrm - Sitting: Yes
Separate Shower: Yes
Separate Tub: Yes

Membership

No Membership Available: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Number Limit: Yes

Restrictions

Buyer Approval Required: Yes

Tax Information

County Only: Yes
Homestead Exemption: Yes

Outdoor Living Spaces

Balcony: Yes
Patio: Yes
Porch: Yes

Balcony Details

Balcony - Covered: Yes

Patio Details

Patio - Open: Yes

Porch Details

Porch - Screened: Yes

Contingencies

None: Yes

Acreage Description

1 To Less Than 2 Acre Lot: Yes

Room Information

Living Room Length: 21.00 Length: 21.00 Width: 17.00 Width: 17.00 Level: Main Kitchen Length: 22.00 Length: 22.00 Width: 16.00 Width: 16.00 Level: Main Master Bedroom Length: 18.00 Length: 18.00 Width: 19.00 Width: 19.00 Level: Main Bedroom 2 Length: 15.00 Length: 15.00 Width: 14.00 Width: 14.00 Level: Main Bedroom 3 Length: 14.00 Length: 14.00 Width: 13.00 Width: 13.00 Level: Main Bedroom 4 Length: 13.00 Length: 13.00 Width: 14.00 Width: 14.00 Level: Second Bedroom 5 Length: 15.00 Length: 15.00 Width: 12.00 Width: 12.00 Level: Second Den Length: 17.00 Length: 17.00 Width: 14.00 Width: 14.00 Level: Main Great Room Length: 22.00 Length: 22.00 Width: 19.00 Width: 19.00 Level: Main Family Room Laundry Maid/In-Law Quarters

Listing Office: Lost Tree Realty

Last Updated: February - 04 - 2026

Broker Attribution: 561-662-8344

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.