Waterfront
Listed By:
This listing is courtesy of Agentwise Realty
Address
205 N Hibiscus Dr, Miami Beach, FL
Price
$ 24,000,000
Property Attributes
  • MLS#A12070726
  • TypeSingle Family
  • Listing Status Pending
  • CountyMiami-Dade
  • CityMiami Beach
  • Area32
  • NeighborhoodHIBISCUS ISLAND
  • Zip33139
  • Style
  • Year Built1956
  • Taxes$ 239661
  • Price$ 24,000,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage4097
Data Source:
Southeast Florida MLS (SEFMLS)
Property 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 architect. Bring your vision. Build something unforgettable.

Elementary School Middle School High School
South Pointe Elementary School Nautilus Middle School Miami Beach High School
Price History
8/18/2026 Listed $24,000,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Possession Close Of Escrow
Roof Other
Appliances Dishwasher,Refrigerator
Architectural Style Detached,One Story
Pool Features Other,Pool
Security Features Gated Community
Restrictions OK To Lease
Construction Materials Brick,Block
Year Built 1956
View Ocean,Other
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Ocean Front,Other
Community Features Gated
County Miami-Dade
Property Type Residential
Contingency Other
Subdivision Name HIBISCUS ISLAND
Facing Direction North
Garage Y/N false
Full Baths 3
Special Listing Conditions Listed As-Is
Status Pending
High School Miami Beach
City Miami Beach
Senior Community Y/N false
Zoning Description 0800
MLS Area 32
Lot Size Units Square Feet
Lot Size Square Feet 21000
Carport Y/N false
Listing Terms Cash
Elementary School South Pointe
Year Built Details Effective Year Built
Tax Annual Amount 239661
Middle/Junior High School Nautilus
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12070726
Standard Status Pending
Occupancy Type Vacant
Property Sub Type Additional Single Family Residence
PostalCity Miami Beach
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

Interior Features

Interior Amenities First Floor Entry,Other
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 4
Total Baths 3

Exterior Features

Exterior Amenities Other
Parking Features Circular Driveway
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Lot Size Area 21000
Building Area Total 4097
Frontage Length 120
Private Pool true
Waterfront Y/N true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33139

Price
AVG $4.55M
$24M
Taxes
AVG $99,195
$239,661
Year Built
AVG 1973
1956

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