432 S Hibiscus Drive, Miami Beach, FL 33139

$31,000,000
Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 8,542 Status: Active
Current Price: $31,000,000 List Date: 4/16/2026 Last Modified: 7/07/2026

Overview

Description

Set on one of Hibiscus Island’s most coveted parcels, this waterfront estate is more than a home—it’s a statement of lifestyle. Wake to sweeping skyline views and end each day with breathtaking sunsets over the bay. Designed for both grand entertaining and effortless living, the residence offers over 6,000 SF of refined interiors where timeless architecture meets modern luxury. Situated on an oversized 18,463 SF lot with 125 FT of prime waterfront, it features a private dock and boat lift with direct Biscayne Bay access. The 5BD/6.5BA home is within a gated, police-guarded community offering tennis, basketball, and a playground. A rare opportunity to own a slice of Hibiscus Island, where every day feels extraordinary. Some images virtually staged.

Listing Details MLS# A12002176

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
7
Bathrooms Full
6
Bathrooms Half
Yes
Building Area Main
8542
Living Area Main
6090
Adjusted Area Main
7069
Year Built
2001
Garage YN
Yes
Garage Spaces
3
Covered Spaces
3
Lot Size Area
18463
Lot Size Acres
0.42
Lot Size Dimensions
18463
Senior Community YN
No
Waterfront YN
Yes
Water Frontage Feet
125
Outdoor Living Spaces YN
Yes
Stories Total
2
Direction Faces
East
Pool Private YN
Yes
Furnished
Unfurnished

Property Features

Association Amenities: Gated Dining Area: Breakfast Area; Eat-In Kitchen; Formal Dining Exterior Features: Built-in Barbecue; Lighting Flooring: Marble Parking Features: Circular Driveway; Covered; Driveway Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Oven; Refrigerator; Washer; Other Boat and Dock Features: Lift; Private Dock Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air; Electric Heating: Electric Interior Features: Built-in Features; Entrance Foyer; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Levels: Two Listing Terms: Cash; Conventional Other Equipment: Other Pool Features: Heated; In Ground; Other Possession: Negotiable Restrictions: Other Restrictions Roof: Barrel Sewer: Public Sewer Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions View: Water Water Access: Ocean Access Water Source: Public Water View: Bay Waterfront Features: Bayfront Window Features: Arched Showing Requirements: 24 Hour Notice Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Open Room Types: Den; Family Room; Great Room; Laundry; Media Room Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
29000000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
432
Street Direction Prefix
S
Street Name
Hibiscus
Street Suffix
Drive
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
5136
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
0232320060230
Subdivision Number
6
Zoning
0800
Flood Zone
AE

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
362255
Tax Year
2025
Tax Legal Description
HIBISCUS ISLAND PB 8-75 LOT 28 & LOT 29 LESS THAT PORT OF LOT 29 DESC AS COMM AT NW COR OF LOT 30 TH SELY AD 70FT FOR POB CONT SELY AD 12FT

Status Change Information

Major Change Timestamp
2026-07-06T20:53:41Z
Major Change Type
Price Change
Price Change Timestamp
2026-07-06T20:53:41Z
Status Change Date
2026-04-16

More Information

Entry Information

Entry Level
Yes

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes

Pool Size Details

Pool Size (WxL)
20x40

Price Calculations

Current Price To SqFt
5090.31

Section Details

Parcel Number MLX
0230

Originating Details

Originating System Key
455371521
Originating System ID
M00000151

Room Information

Room Name
Den
Family Room
Great Room
Media Room
Laundry
IDX
Listing Office: Coldwell Banker Realty
Last Updated: July - 07 - 2026
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