205 N Hibiscus Drive, Miami Beach, FL 33139 (MLS# A12070726)

205 N Hibiscus Drive, Miami Beach, FL 33139

$24,000,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12070726

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 4,097 Status: Pending

Current Price: $24,000,000 List Date: 8/18/2026 Last Modified: 9/09/2026

Overview

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 a ... (Read more)

Listing Details MLS# A12070726

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 4097
Living Area Main: 4097
Adjusted Area Main: 3894
Year Built: 1956
Lot Size Area: 21000
Lot Size Acres: 0.48
Senior Community YN: No
Waterfront YN: Yes
Water Frontage Feet: 120
Stories Total: Yes
Direction Faces: North
Pool Private YN: Yes

Property Features

Association Amenities: Gated Exterior Features: Other Flooring: Tile Leasing Permitted Details: Okay To Lease Parking Features: Circular Driveway Appliances: Dishwasher; Refrigerator Construction Materials: Concrete Block - No Stucco Cooling: Central Air Heating: Central Levels: One Listing Terms: Cash Pool Features: Other Possession: Close Of Escrow Roof: Other Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County View: Other Water Access: None Water Source: Public Water View: Ocean Waterfront Features: Ocean Front; Other Showing Requirements: Appointment Only Contingencies: Other Room Types: Family Room; Other Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 24000000
Occupant Type: Vacant

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
Elementary School: Miami Beach South Pointe
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0232320060480
Subdivision Number: 6
Zoning: 0800
Flood Zone: AE

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 239661
Tax Year: 2025
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: 2026-08-21T19:26:57Z
Major Change Type: Status Change
Status Change Date: 2026-08-21
Under Contract Date: 2026-08-21

More Information

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: Yes

Pool Size Details

Pool Size (WxL): 36

Price Calculations

Current Price To SqFt: 5857.94

Section Details

Parcel Number MLX: 0480

Originating Details

Originating System Key: 549471504
Originating System ID: M00000151

Room Information

Room Name
Family Room
Other

Listing Office: Agentwise Realty

Last Updated: September - 09 - 2026

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