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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: 2/12/2026

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.

More Information MLS# A11493139

Contract Information

Comp Sale YN: No Occupant Type: Call Listing Agent Listing Date: 2023-11-29 Status: Closed Original List Price: 16500000 Sold Price: $14,750,000 Current Price: $14,750,000

Location and Legal

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

General Property Information

Living Area Main: 3488 Lot Size Area: 21000 Water Frontage Feet: 120 Senior Community YN: Yes Outdoor Living Spaces YN: Yes Furnished: Furnished Stories Total: 1 Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 5 Bathrooms Total: 4 Bathrooms Full: 4 Year Built: 1956 Lot Size Acres: 0.48 Waterfront YN: 1 Direction Faces: North

Financial Information

Membership Fee Required YN: No Association YN: 1 Association Fee Frequency: Monthly 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

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Cash 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

Amenities

Boating: 1 Street Lights: 1 Tennis Court(s): 1 Other: 1

Association Amenities

Security: 1

Dining Area

Breakfast Area: 1 Formal Dining: 1

Entry Information

Entry Level: 1

Exterior Features

Built-in Barbecue: 1

Flooring

Tile: 1

Parking Features

Circular Driveway: 1

Property Condition

Resale: 1

Other Structures

Outbuilding: 1

Possession

Negotiable: 1 Other: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1

View

Other: 1

Heating

Central: 1

Water Access

Other: 1

Water View

Ocean: 1

Appliances

Dishwasher: 1 Microwave: 1 Refrigerator: 1

Construction Materials

CBS: 1 Concrete Block - No Stucco: 1

Interior Features

Bar: 1 Bedroom Layout - Split: 1 French Doors: 1 High Ceilings: 1 Kitchen Island: 1 Pantry: 1 Storage: 1 Vaulted Ceiling(s): 1 Walk-In Closet(s): 1 Wet Bar: 1

Levels

One: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

In Ground: 1

Road Surface Type

Paved: 1

Roof

Spanish Tile: 1

Security Features

Security Patrol: 1

Water Source

Public: 1

Waterfront Features

Other: 1

Cooling

Central Air: 1

Association Type

Other Type of Association: 1

Showing Requirements

Call Listing Agent: 1

Master Bedroom/Bath

Master Bdrm - Ground: 1

Pets Allowed YN

Yes: 1

Pets Allowed

No Restrictions: 1

Pool Size Details

Pool Size (WxL): 0

Restrictions

Other Restrictions: 1

Storm Protection

Impact Glass: Partial

Tax Information

City/County: 1

Outdoor Living Spaces

Deck: 1 Patio: 1

Contingencies

None: 1

Room Types

Attic: 1 Family Room: 1

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 4228.78

Section Details

Parcel Number MLX: 0480

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Originating Details

Originating System Key: 389073983 Originating System ID: M00000151

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

Room Information

Attic Family Room
Listing Office: One Sotheby's International Realty
Last Updated: February - 12 - 2026
205 N Hibiscus Drive, Miami Beach, FL 33139- MLS# A11493139
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