Buyers interested in Banyan House condos for sale have the right to be frustrated. Why? Because they seldom come on to the MLS, and when they do, the pricing is over $1000 per square foot under air. That's a hefty valuation for an 11-story tower built in 1967, notwithstanding it has a direct ocean outlook and private beach. Model sizes range from just over 1000 to a smidgen under 2000 square feet under air (UA) across 65 units. Now here's a big surprise: Banyan House in Delray Beach is an active adult community (AAC) that commands top-dollar prices despite excluding younger than 55-year-old prospects.
The AAC residential category in Delray Beach is massive. In it, you'll find Valencia Falls, Valencia Palms, Four Seasons, Vizcaya, and many others. They all have one thing in common - fantastic amenities and facilities to keep senior citizens engaged to the degree they want it. However, Banyan House is at a completely different level if per-square-foot pricing is relied on as the yardstick. For example:
So, the tower's location - a little north of Linton and touching a nature preserve on the east side of the A1A - creates a lot of asset value in itself. Indeed, it's the neighbor of the modern low-rise 1625 Ocean (built in 2022) and steps away from the latter's sister development Ocean Delray (2021), both selling for $6.4 million and up. However, pricing goes further than next-door communities. Consider the following:
Although a property manager is onsite, there's no activity director, tennis courts, pickleball, bocce platforms, internal clubs, and the like characteristic of other 55+ communities mentioned above. However, it doesn't seem like the condo owners worry about those gaps. Indeed, they find enough benefit from being closer to the ocean and Intracoastal and the unique lifestyle wide water locations deliver. Its closest competitors are Sabal Point and Sabal Ridge, located closer to the Boca Club and Resort (the Resort).
Talking about the Resort - the globally famous hospitality hub Michael Dell owns - residents can enter it as members to participate in golf, court sports, and entertainment at a five-star level. The latter is a stone's throw away from Downtown Boca's 100 eateries, bars, live entertainment, and high-end shopping. Minutes away, going north, are Delray's parks, similar vibrant restaurant action, and citizen services (e.g., banking, clinics, gas stations, etc.). Finally, within a few miles in every direction, condo owners will find good schools (see below) and three airports (one local private jet hub and two international) within half an hour by Uber.
Banyan House, Delray Beach condo buyers generally cover the entire +55 ground before pulling the trigger, starting with the Sabal towers mentioned above and non-age-restricted condo communities. Many alternatives with great coastal outlooks attract senior condo owners with the added benefit of tennis courts, boat docks, and fantastic clubhouse facilities. On top of our list are Toscana and The Sea Ranch Club, but there are at least another six that match their standards. Moreover, numerous pre-2000 complexes have comprehensively reconstructed their concrete structures, replaced roofs, and remodeled common facilities. We can show them all to you, mainly in the same price range but bigger unit sizes for your dollar.
ZFC Real Estate's expert agents are at the cutting edge of South Florida luxury real estate covering country clubs like Addison Reserve, Polo Club, and Delaire (all in Delray Beach) and even boating communities for yachting enthusiasts. Dock your 100' vessel in the family’s new home on a canal with zero HOA fees and no fixed bridges to the sea. Please browse our site to narrow the selection, then contact us to begin your search.
Banyan House is a condominium building located in Delray Beach Florida with a range of options priced between $1,049,000 and $1,050,000. There are currently a total of 2 Condos for sale, the smallest condo currently on the market is a one bedroom one bathroom residence that is 1,066 square feet (1,066SF Under Air) and the largest of the condos currently available is a one bedroom one bathroom, 1,273 square foot (1,066SF Under Air) residence. In addition there are numerous other communities in Delray Beach to choose from, or you may browse all Condos for sale in Delray Beach. Condos in Banyan House are selling quickly, set up a new listing alert and we will notify you immediately when a new listing hits the market. Of course you can always contact your ZFC Real Estate agent who would be happy to assist you further with your search for a Condo in Banyan House Delray Beach.
Where you live in Delray Beach determines which public schools your children may attend, and this in turn effects real estate values. Condos in Banyan House are zoned for the following Palm Beach County school districts: