Hibiscus Island
111 S Hibiscus Dr, Miami Beach FL 33139
4 beds · 4.5 baths · 3,477 ft²
$4,450,000
Est. Payment $23,685/mo
4
Bedrooms
4.5
Bathrooms
3,477
Sq. Ft.
1963
Year Built
59
Days on Market
Description
Discover an exceptional opportunity on prestigious Hibiscus Island, one of Miami Beach's most exclusive guard-gated communities. Situated on a generous lot, this property presents tremendous potential to renovate, reimagine, or build a custom luxury residence in one of South Florida's most sought-after neighborhoods. The existing home offers a bright, open layout with abundant natural light, multiple skylights, spacious living areas, en-suite bedrooms, and seamless indoor-outdoor connectivity. Lush tropical landscaping, private patios, and a freeform pool create a serene island setting just moments from South Beach, Downtown Miami, world-class dining, shopping, and private aviation access. With numerous newly constructed residences and luxury redevelopment projects achieving record-setting values throughout Hibiscus Island, this property represents a rare opportunity to secure a prime parcel in a neighborhood defined by exceptional long-term value and continued investment. Whether preserving and enhancing the existing residence or creating a new architectural masterpiece, the possibilities are extraordinary.
Facts
- MLS#
- A12035428
- Subdivision
- Hibiscus Island
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 9,500 ft²
- Sq. Ft.
- 3,477 ft²
- Sq. Mt.
- 323 m²
- Price per sq. ft.
- $1,280/ft²
- Price per sq. mt.
- $13,777/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 59 days
- Listed
- Jun 18, 2026
- Last Updated
- Aug 16, 2026
- Price/Lot Sq.Ft.
- $468/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.
Sellers market
August 2026
30
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 6/18/2026 | Listed for sale | $4,450,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$27,543/mo
Principal & Interest
$23,685
Property Tax
$3,708
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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
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