205 N Hibiscus Drive, Miami Beach, FL 33139

$14,750,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,488 Status: Closed
Current Price: $14,750,000 List Date: 11/29/2023 Last Modified: 8/09/2026

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# A11493139

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
4
Bathrooms Full
4
Living Area Main
3488
Year Built
1956
Lot Size Area
21000
Lot Size Acres
0.48
Senior Community YN
Yes
Waterfront YN
Yes
Water Frontage Feet
120
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Direction Faces
North
Pool Private YN
Yes
Furnished
Furnished

Property Features

Association Amenities: Security Dining Area: Breakfast Area; Formal Dining Exterior Features: Built-in Barbecue Flooring: Tile Parking Features: Circular Driveway Property Condition: Resale Appliances: Dishwasher; Microwave; Refrigerator Construction Materials: CBS; Concrete Block - No Stucco Cooling: Central Air Association Type: Other Type of Association Heating: Central Interior Features: Bar; Bedroom Layout - Split; French Doors; High Ceilings; Kitchen Island; Pantry; Storage; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Levels: One Listing Terms: Cash; Conventional Other Structures: Outbuilding Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: In Ground Possession: Negotiable; Other Restrictions: Other Restrictions Road Surface Type: Paved Roof: Spanish Tile Security Features: Security Patrol Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available View: Other Water Access: Other Water Source: Public Water View: Ocean Waterfront Features: Other Showing Requirements: Call Listing Agent Outdoor Living Spaces: Deck; Patio Contingencies: None Room Types: Attic; Family Room Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
16500000
Occupant Type
Call Listing Agent

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
Association Fee Frequency
Monthly
Membership Fee Required YN
No
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
2024-05-13T20:43:54Z
Major Change Type
Status Change
Price Change Timestamp
2024-03-27T01:07:09Z
Status Change Date
2024-05-21
Under Contract Date
2024-05-06
Close Date
2024-05-13
Close Price
14750000
Buyer Financing
Cash

More Information

Entry Information

Entry Level
Yes

Storm Protection

Impact Glass
Partial

Buyer Details

Intended Use
Unknown/Withheld

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
4228.78

Section Details

Parcel Number MLX
0480

Originating Details

Originating System Key
389073983
Originating System ID
M00000151

Room Information

Room Name
Attic
Family Room
IDX
Listing Office: One Sotheby's International Realty
Last Updated: August - 09 - 2026
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