$6,000,000
5600 Oakwood Lane
Coral Gables, FL 33156
Explore the area: Coral Gables homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $6,000,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- N/A
This lot in ZIP 33156 is listed at $6,000,000.
Estimated monthly payment
$31,533 /mo
Principal and interest only, based on $1,200,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $6,000,000
- Days on Site
- 0 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.72 Acres
- Property Type
- Land
- MLS #
- A12102976
- Property Tax
- $58,606 (2025)
- Subdivision
- SNAPPER CREEK OAKS
- County
- Miami Dade
- Status
- Active
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- North
- Lot Size (Acres)
- 0.72
- Sewer
- Septic Tank
- Zoning
- 0100
Exterior Features
- Lot Features
- Corner Lot / Other
Community & HOA
- Financing Terms
- Cash / Conventional
- MLS Area
- 2510
Schools
- Elementary School
- Pinecrest
- Middle School
- Palmetto
- High School
- Miami Palmetto
About the Community
- Homes for Sale
- 2
- Under Contract
- 0
- Median List Price
- $6,000,000
- Median $/Sq Ft
- $1,199
- Avg Days on Market
- 0
Frequently Asked Questions
- How do I schedule a tour of 5600 Oakwood Lane, Coral Gables, FL 33156?
- Use the Tour button on this listing to request a showing of 5600 Oakwood Lane, Coral Gables, FL 33156. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5600 Oakwood Lane, Coral Gables, FL 33156 still available?
- 5600 Oakwood Lane, Coral Gables, FL 33156 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5600 Oakwood Lane, Coral Gables, FL 33156?
- With 20% down ($1,200,000) on the $6,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5600 Oakwood Lane, Coral Gables, FL 33156 is about $31,533/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5600 Oakwood Lane, Coral Gables, FL 33156?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5600 Oakwood Lane, Coral Gables, FL 33156. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 5600 Oakwood Lane, Coral Gables, FL 33156?
- 5600 Oakwood Lane, Coral Gables, FL 33156 is zoned for Pinecrest (elementary), Palmetto (middle), Miami Palmetto (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5600 Oakwood Lane, Coral Gables, FL 33156?
- Often, yes. The right offer on 5600 Oakwood Lane, Coral Gables, FL 33156 depends on how it's priced against comparable land sales in Coral Gables, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of BHHS EWM Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 9, 2026.
$6,000,000
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Listed by Scott Shuffield, BHHS EWM Realty
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Recent Sales
Recently sold homes in ZIP 33156
These are the last 6 recorded closings in ZIP 33156, with the price each home actually sold for rather than what it was listed at. They closed at a median of $502 per square foot. The most recent closed on October 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$3,250,000
Sold · October 15, 2026
10601 SW 72nd Court
5 bed · 5.5 bath · 4,562 sqft · $712/sqft
$100,000 under the asking price
Sold$255,000
Sold · October 15, 2026
8475 SW 94th Street 224E
2 bed · 1 bath · 866 sqft · $294/sqft
$14,900 under the asking price
Sold$275,000
Sold · October 14, 2026
9611 SW 77th Avenue 306A
2 bed · 2 bath · 998 sqft · $276/sqft
$12,900 under the asking price
Sold$56,000,000
Sold · October 14, 2026
11011 Marin Street
6 bed · 4 bath · 5,457 sqft · $10,262/sqft
$50,000,001 over the asking price
Sold$1,875,000
Sold · October 13, 2026
7820 SW 128th Street
0 bed · 0 bath
$120,000 under the asking price
Sold$1,100,000
Sold · October 9, 2026
8385 SW 105th Street
3 bed · 2 bath · 2,192 sqft · $502/sqft
See every recorded sale in ZIP 33156 or find out what your ZIP 33156 home is worth.
