HIBISCUS ISLAND
205 N Hibiscus Dr, Miami Beach FL 33139
4 beds · 3 baths · 4,097 ft²
$24,000,000
Est. Payment $127,738/mo
4
Bedrooms
3
Bathrooms
4,097
Sq. Ft.
1956
Year Built
0
Days on Market
Description
A RARE HIBISCUS ISLAND DEVELOPMENT OPPORTUNITY. An extraordinary chance to create a landmark custom estate on one of Miami Beach’s most coveted private islands. This rare lot presents a premier canvas for a developer, builder, or end user with the vision to deliver a truly exceptional ultra-luxury residence. Envision a massive, architecturally significant custom home designed around grand-scale indoor-outdoor living, resort-style entertaining, dramatic interiors, and the elevated lifestyle synonymous with Hibiscus Island. Create a private sanctuary featuring expansive living spaces, a showpiece pool and outdoor oasis, lush tropical landscaping, and bespoke amenities worthy of Miami’s most discerning buyer. Surrounded by prestigious waterfront estates and just minutes from Miami Beach, South Beach, Downtown Miami, Brickell, world-class dining, shopping, marinas, and nightlife, this is more than a homesite—it is an opportunity to create the next iconic Miami Beach estate. Bring your architect. Bring your vision. Build something unforgettable.
Facts
- MLS#
- A12070726
- Subdivision
- HIBISCUS ISLAND
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 21,000 ft²
- Sq. Ft.
- 4,097 ft²
- Sq. Mt.
- 381 m²
- Price per sq. ft.
- $5,858/ft²
- Price per sq. mt.
- $62,992/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- —
- Listed
- Aug 18, 2026
- Last Updated
- Aug 19, 2026
- Price/Lot Sq.Ft.
- $1,143/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
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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
38
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).
| 8/18/2026 | Listed for sale | $24,000,000 |
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
$147,888/mo
Principal & Interest
$127,738
Property Tax
$20,000
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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