HIBISCUS ISLAND

394 S Hibiscus Dr, Miami Beach FL 33139

Closed

$17,000,000

5.56%

Est. Payment $90,481/mo

MLS Sheet Video

174

Days on Market

Description

Build your dream home on a rare waterfront south facing double lot on coveted Hibiscus Island. This 18,375 square foot lot boasts 101’ of waterfrontage with southern exposure on one of Miami Beach’s most prestigious and guard gated island neighborhoods. Perfectly positioned parcel captures breathtaking sunsets over Biscayne Bay and offers captivating panoramic views of the Downtown Miami skyline. This exceptional location is just minutes away from South Beach, Downtown, world class dining, shopping, and beaches.

Facts

MLS#: A11450680
Subdivision: HIBISCUS ISLAND
Property Type: Land/Boat Docks
Property Sub Type: Residential
Year Built: —
Lot Size: 18,374 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 174 days
Listed: Aug 16, 2023
Last Updated: Apr 25, 2024
Price/Lot Sq.Ft.: $925/ft²

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Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Buyers market

May 2026

0/100

Buyers marketSellers market

Median days to sold

-1.2%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/25/2024	Sold	$17,000,000
11/21/2023	Price change	$17,000,000-5.6%
8/16/2023	Listed for sale	$18,000,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

394 S Hibiscus Dr, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Phyllis R. Miller Elementary School
PK,KG,1,2,3,4,5 · public · 0.2 mi
The French American School of Miami
PK,KG,1,2,3,4,5 · private · 0.3 mi
Children's Village Montessori School & Daycare Center
PK,KG · private · 0.3 mi
Childrens Village Montessori
PK,KG · private · 0.3 mi
Tangerine Learning Center LLC
PK,KG,1,2,5 · private · 0.5 mi
Archdiocese of Miami Virtual Catholic School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.6 mi
Miami Shores Presbyterian Church School
PK,TK,KG,1,2,3,4,5 · private · 0.8 mi
Bola Childcare Learning Center
2,3 · private · 0.8 mi
Yvonne Learning Center
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Miami Shores Community Church School
PK,TK,KG,1,2,3,4,5 · private · 1.0 mi

Estimated Monthly Payment

$104,798/mo

Principal & Interest

$90,481

Property Tax

$14,167

Insurance

$150

HOA

Down Payment20% ($3,400,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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