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225 N Hibiscus Drive, Miami Beach, FL 33139

$9,300,000
Property Type: Residential Bedrooms: 8 Baths: 5 Square Footage: 7,942 Status: Closed
Current Price: $9,300,000 List Date: 12/16/2019 Last Modified: 2/26/2026

Description

Rare Opportunity to build your mansion with your mega yacht on over a half acre (26,250 sq ft) of unrestricted no fixed bridges ocean access on 150 linear feet of direct waterfront on Hibiscus Island, or possibly split the lots and build two homes. This police gated island has undergone major improvements with new streets, sewers, bike paths. Site has a private gate. No houses across the street for extra privacy. The existing structure on the lot is 7050 sq ft living area and most likely teardown. “Compare Your Construction of a new home to 72 Palm Ave that was built 2017 with 14,200 sq ft that sold in 2019 for $24,570,000 “

More Information MLS# A10788035

Contract Information

Comp Sale YN: No Occupant Type: Call Listing Agent Listing Date: 2019-12-16 Status: Closed Original List Price: 10750000 Sold Price: $9,300,000 Current Price: $9,300,000

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 Special Assessment YN: No Flood Zone: AE Country: United States Street Number: 225 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 Elementary School: Miami Beach South Pointe Middle Or Junior School: Miami Beach Nautilus High School: Miami Beach Parcel Number: 0232320060471 Zoning: 0800

General Property Information

Adjusted Area Main: 6908 Living Area Main: 7050 Lot Size Dimensions: 26250 Lot Size Area: 26250 Water Frontage Feet: 150 Senior Community YN: No Furnished: Unfurnished Stories Total: 2 Pool Private YN: No Property Sub Type: Single Family Residence Bedrooms Total: 8 Bathrooms Total: 5 Bathrooms Full: 5 Building Area Main: 7942 Year Built: 1934 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 3 Covered Spaces: 3 Lot Size Acres: 0.6 Waterfront YN: 1 Direction Faces: South

Financial Information

Membership Fee Required YN: No Association YN: 1 Association Fee Frequency: Monthly Tax Annual Amount: 30875 Tax Year: 2018 Tax Legal Description: HIBISCUS ISLAND PB 8-75 E1/2 LOT 30 & 20FT STR ADJ SAME ON SEAWARD SD & LOT A & 20FT STR ADJ SAME SEAWARD SD BLK 2 LOT SIZE 150 X 175 OR 112

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Seller Financing Major Change Timestamp: 2020-03-31T19:45:52Z Major Change Type: Status Change Price Change Timestamp: 2020-02-22T01:11:10Z Status Change Date: 2020-03-31 Under Contract Date: 2020-02-25 Close Date: 2020-03-31 Close Price: 9300000

Association Amenities

Gated: 1

Entry Information

Entry Level: 1

Exterior Features

Other: 1

Flooring

Tile: 1 Wood: 1

Parking Features

Covered: 1 Garage Door Opener: 1 Attached: 1 Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Special Information

Sold As-Is: 1

View

Water: 1

Heating

Central: 1

Water Access

No Fixed Bridge: 1 Ocean Access: 1

Water View

Bay: 1

Construction Materials

Block: 1 CBS: 1

Levels

Two: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Fruit Tree(s): 1 Room for Pool: 1

Roof

Barrel: 1

Water Source

Public: 1

Waterfront Features

Bayfront: 1 Seawall: 1

Architectural Style

Ranch: 1

Cooling

Central Air: 1

Association Type

Homeowner Association: 1

Showing Requirements

Showing Service: 1

Master Bedroom/Bath

Other: 1

Restrictions

No Restrictions: 1

Contingencies

Inspection: 1

Room Types

Other: 1

Buyer Details

Country of Origin: United States Intended Use: Investment Buyer State: Florida Zip Code: 33139

Concessions

Seller Concessions: Yes Seller Concessions Amount: 100000

Price Calculations

Current Price To SqFt: 1319.15

Section Details

Parcel Number MLX: 0471

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Originating Details

Originating System Key: 340564407 Originating System ID: M00000151

Property Features

Association Amenities: Gated Exterior Features: Other Flooring: Tile; Wood Parking Features: Covered; Garage Door Opener; Attached; Attached Garage; Garage Property Condition: Resale Architectural Style: Ranch Construction Materials: Block; CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central Levels: Two Listing Terms: Cash; Conventional Lot Features: Fruit Tree(s); Room for Pool Possession: Negotiable Restrictions: No Restrictions Roof: Barrel Sewer: Public Sewer Special Information: Sold As-Is View: Water Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Bay Waterfront Features: Bayfront; Seawall Showing Requirements: Showing Service Contingencies: Inspection Room Types: Other Acreage Description: 1/2 To Less Than 1 Acre Lot

Room Information

Other
Listing Office: Keller Williams Dedicated Professionals
Last Updated: February - 26 - 2026
225 N Hibiscus Drive, Miami Beach, FL 33139- MLS# A10788035
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