$59,500,000

12088 Banyan Rd North Palm Beach, FL 33408

9 beds
12 full, 5 partial
18,852 sqft
$3,156 / sqft
House

Property details

About 12088 Banyan Rd

Nestled on a secluded stretch of Seminole beach and lining the azure waters of the Atlantic Ocean stands one of South Florida's most prestigious double gated oceanfront estates, Bel Viaggio. Boasting 190+/- ft. of ocean frontage and situated on approx. 2.9+/- acres of land this custom 9 bedroom 12 full and 5 half bath estate is tucked away in the North Palm Beach neighborhood of Seminole Landing, one of the only private gated oceanfront communities in the country. Artful thought and design went into every space of this seamless 37,000+/- floorplan of total sq. ft. maximizing the stunning ocean views and immaculate grounds. Curated by architect and Palm Beach preservationist, Gene Pandula, interior designer Ray Clark and master landscape architect, Howard Ostrout Jr.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric, Zoned
StatusActive
CoolingCentral Air, Electric, Zoned
Size18,852 sqft
Year built2008
ParkingGarage - Attached
MLS #RX-11028950
Attached garage9 spaces
WaterfrontOcean Front
FireplaceFireplace(s)
ViewOcean
Private poolYes

Virtual tour

Summary

  • Partial Bathrooms: 5
  • Full Bathrooms: 12
  • Appliances: Central Vacuum, Dishwasher, Dryer, Freezer, Generator Hookup, Microwave, Gas Range, Refrigerator, Washer
  • Flooring Type: Carpet, Marble, Tile, Wood Floor
  • Interior: Elevator, Fireplace(s), French Door, Pantry, Walk-in Closet, Wet Bar
  • Fireplace: Fireplace(s)
  • Total Bedroom Count: 9
  • Garage Space: 9 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Garage - Attached
  • Waterfront: Ocean Front
  • View: Ocean
  • Exterior: Auto Sprinkler
  • Architectural Style: Mediterranean
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Electric, Zoned
  • List Price: $59,500,000
  • Price/SqFt: $3,156
  • HOA Amount: $1,266
  • HOA Frequency: Monthly
  • Annual Tax Amount: $771,897
  • Tax Year: 2023
  • Year Built: 2008
  • Stories: 2
  • Living Area: 18,852 SqFt
  • MLS Number: RX-11028950
  • Office Name: Douglas Elliman
  • Office Phone: (561) 655-8600
  • Listing Agent: Christopher Leavitt
  • Agent Phone: (917) 664-0720

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2025, 7:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$59,500,000

12088 Banyan Rd

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Price information

Property sales

DateEventPrice
Jun 14, 2021
Home Sold
$39,500,000
May 25, 2001
Home Sold
$3,900,000

Tax history

YearAssessmentProperty Tax
2023$50,182,780$771,897
2022$40,528,690$686,207
2021$19,675,563$686,207
2020$23,671,027$343,285
2019$18,967,652$338,357
2018$18,613,986$321,973
2017$18,231,132$320,666

History based on county public records data.

Nearby schools

7

Allamanda Elementary School

Public Magnet PK-5

2.6 mi

10300 Allamanda Dr

8

Palm Beach Gardens Elementary School

Public Magnet PK-5

3.4 mi

10060 Riverside Dr

9

Beacon Cove Intermediate School

Public District 3-5

4.0 mi

150 Schoolhouse Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $177,333. The majority of North Palm Beach, FL residents have income $200k+ annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

0%
<35k
30%
35k-100k
27%
100k-200k
43%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

31%
Single, No Kids
2%
Single, with Kids
53%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
8%
12-17 yrs old
4%
18-34 yrs old
36%
35-64 yrs old
45%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Chico'sChico's
  • BloomingdalesBloomingdales
  • NordstromNordstrom

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • ChipotleChipotle

What do the neighbors drive?

  • CadillacCadillac
  • LexusLexus
  • BMWBMW

What do the neighbors listen to?

  • ClassicalClassical
  • NewsNews
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Frequently asked questions

About 12088 Banyan Rd

The listing price of 12088 Banyan Rd property is $59,500,000.

The property 12088 Banyan Rd is a house located in North Palm Beach, Florida, 33408.

Active Listing: 12088 Banyan Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 12088 Banyan Rd are: Allamanda Elementary School (GreatSchools Rating 7/10), Palm Beach Gardens Elementary School (GreatSchools Rating 8/10), Beacon Cove Intermediate School (GreatSchools Rating 9/10), Dwight D. Eisenhower K-8 School (GreatSchools Rating 6/10), The Conservatory School @ North Palm Beach (GreatSchools Rating 8/10), Howell L. Watkins Middle School (GreatSchools Rating 4/10), Palm Beach Virtual Instruction Program (GreatSchools Rating 4/10), Palm Beach Virtual Franchise (GreatSchools Rating 10/10), Palm Beach Gardens Community High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $771,897 (source: MLS/based on county public records data).

The last sale was on June 14, 2021 for $39,500,000 (source: MLS/tax record).

The property at 12088 Banyan Rd has 9 bedrooms and 12 full and 5 half bathrooms.

The property 12088 Banyan Rd is 18,852 SqFt (source: MLS/tax record).

The year of construction for 12088 Banyan Rd is 2008.

This home is located at 12088 Banyan Rd in North Palm Beach, FL and zip code 33408 in the Seminole Golf Club neighborhood. This 18,852 square foot home was built in 2008. Features: 9 bedrooms, 17 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $59,500,000.

In April 2025, from all listings sold in North Palm Beach, FL there were more than 1 sold above asking price, over 33 sold below and more than 4 were sold right at the asked price. The number of listings in North Palm Beach, FL increased by 3% between March and April 2025. In April 2025 median list price was $542,403 and the average listing age was 81 days.

From Rocket Homes Real Estate and based on county public records data.

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