205 N Hibiscus Drive, Miami Beach, FL 33139 (MLS# A11493082)

205 N Hibiscus Drive, Miami Beach, FL 33139

$14,750,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11493082

Property Type: Land & Docks Lot Size (sq. ft.): 21,000 Status: Closed

Current Price: $14,750,000 List Date: 11/30/2023 Last Modified: 6/07/2026

Overview

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.

Listing Details MLS# A11493082

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 0.48
Lot Size Square Feet: 21000
Lot Size Dimensions: 21000
Waterfront YN: Yes
Water Frontage Feet: 120
Direction Faces: North
LP/SqFt: 738.1

Property Features

Association Amenities: Tennis Court(s) Current Use: Residential; Single Family; Other Development Status: Other Other Structures: None Possession: Negotiable; Other Sewer: Public Sewer Trees: Other Listing Terms: Cash; Conventional Lot Features: Other Water Access: Other Water Source: Public Waterfront Features: Other Showing Requirements: Call Listing Agent Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 16500000
LP/Acre: 32151006.02

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 205
Street Direction Prefix: N
Street Name: Hibiscus
Street Suffix: Drive
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 5121
Postal Zip: 33139
Subdivision Name: HIBISCUS ISLAND
Area: 2320
Parcel Number: 0232320060480
Subdivision Number: 6
Zoning: 0800
Flood Zone: AE

Financial Information

Association YN: Yes
Tax Year: 2023
Tax Legal Description: HIBISCUS ISLAND PB 8-75 LOT 31 & ALL LOT 32 LESS E40FT BLK 2 LOT SIZE 120.000 X 175 OR 13811-386 0788 1 COC 24708-4581 0606 1 25072-1842

Status Change Information

Major Change Timestamp: 2024-05-14T00:57:19Z
Major Change Type: Status Change
Price Change Timestamp: 2024-03-27T01:06:26Z
Status Change Date: 2024-05-21
Under Contract Date: 2024-05-13
Close Date: 2024-05-13
Close Price: 14750000
Buyer Financing: Cash
SP/Acre: 30595312.18

More Information

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 0480

Originating Details

Originating System Key: 389070694
Originating System ID: M00000151

Listing Office: One Sotheby's International Realty

Last Updated: June - 07 - 2026

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