HIBISCUS ISLAND

205 N Hibiscus Dr, Miami Beach FL 33139

Closed

$15,500,000

6.06%

Est. Payment $82,498/mo

MLS Sheet Video

166

Days on Market

Description

Best opportunity on the market for a prime waterfront gated lot on the Estate section of Hibiscus Island in Miami Beach, stunning wide water views, 120' of waterfrontage. Home is rented and generating income on a 21,000 sqft lot, to be used during the planning process. Miami Beach police officer present at gate 24/7. Tennis court, basketball court, and playground on island.

Facts

MLS#
A11493082
Subdivision
HIBISCUS ISLAND
Property Type
Land/Boat Docks
Property Sub Type
Residential
Year Built
Lot Size
0 acres
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
166 days
Listed
Nov 29, 2023
Last Updated
May 21, 2024
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

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

30

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).

5/21/2024Sold$15,500,000
3/27/2024Price change$15,500,000-6.1%
11/29/2023Listed for sale$16,500,000

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

Location

205 N Hibiscus Dr, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

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

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$95,564/mo

Principal & Interest

$82,498

Property Tax

$12,917

Insurance

$150

HOA

$0

20% ($3,100,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Miami Beach around $15,500,000.

Call NowWhatsApp