$4,000,000
Sold · September 30, 2026
111 S Hibiscus Drive
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $4,000,000
- Vs. list price
- 10.1% under
- Days on market
- 83
- Price per sq ft
- $1,150
This 4-bedroom single-family home in Hibiscus Island sold for $4,000,000 on September 30, 2026. That was 10.1% below its final list price of $4,450,000. It spent 83 days on the market. At $1,150 per square foot, it closed 72% below the $4,101 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $4,000,000
- Sold On
- September 30, 2026
- Days on Site
- 83 Days
- Bedrooms
- 4
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 3,477 sqft
- Lot Size
- 0.22 Acres
- Year Built
- 1963
- Property Type
- Single Family
- MLS #
- A12035428
- Property Tax
- $51,082 (2025)
- Subdivision
- Hibiscus Island
- Development
- Hibiscus Island
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Discover an exceptional opportunity on prestigious Hibiscus Island, one of Miami Beach's most exclusive guard-gated communities. Situated on a generous lot, this property presents tremendous potential to renovate, reimagine, or build a custom luxury residence in one of South Florida's most sought-after neighborhoods. The existing home offers a bright, open layout with abundant natural light, multiple skylights, spacious living areas, en-suite bedrooms, and seamless indoor-outdoor connectivity. Lush tropical landscaping, private patios, and a freeform pool create a serene island setting just moments from South Beach, Downtown Miami, world-class dining, shopping, and private aviation access. With numerous newly constructed residences and luxury redevelopment projects achieving record-setting values throughout Hibiscus Island, this property represents a rare opportunity to secure a prime parcel in a neighborhood defined by exceptional long-term value and continued investment. Whether preserving and enhancing the existing residence or creating a new architectural masterpiece, the possibilities are extraordinary.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1963
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Driveway / Paver Block
- Direction Faces
- South
- Lot Size (Acres)
- 0.22
- Living Sq Ft
- 3,477
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Marble / Other / Wood
- Fireplace
- Yes
- Interior Features
- Built In Features / Bedroom On Main Level / Dual Sinks / Kitchen Island / Kitchen Dining Combo / Living Dining Room / Main Level Primary / Other / Separate Shower / Tub Shower / Walk In Closets
- Windows
- Blinds / Other / Skylights
- Total Rooms
- 5
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Other
- Roof
- Flat / Other
- Exterior Features
- Lighting / Outdoor Living Area / Other
- Private Pool
- Yes
- Pool Features
- In Ground / Other
- Patio & Porch
- Patio
- Lot Features
- Corner Lot
- Waterfront Features
- None
- View
- Garden / Other / Pool
Community & HOA
- Association Amenities
- Gated / Security / Tennis Courts
- Security
- Security Guard
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Limited Number Vehicles / Ok To Lease
- MLS Area
- 2420
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
Hibiscus Island is a luxury waterfront, luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $5,500,000 to $49,500,000. Pure Equity lists homes in Hibiscus Island and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 10
- Under Contract
- 0
- Median List Price
- $18,199,500
- Median Sale Price (September)
- $15,287,500
- Median $/Sq Ft
- $4,264
- Avg Days on Market
- 184
Frequently Asked Questions
- How do I schedule a tour of 111 S Hibiscus Drive, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 111 S Hibiscus Drive, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 111 S Hibiscus Drive, Miami Beach, FL 33139 still available?
- 111 S Hibiscus Drive, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 83 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 111 S Hibiscus Drive, Miami Beach, FL 33139?
- With 20% down ($890,000) on the $4,450,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 111 S Hibiscus Drive, Miami Beach, FL 33139 is about $23,387/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 111 S Hibiscus Drive, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 111 S Hibiscus Drive, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 111 S Hibiscus Drive, Miami Beach, FL 33139?
- 111 S Hibiscus Drive, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 111 S Hibiscus Drive, Miami Beach, FL 33139?
- Often, yes. The right offer on 111 S Hibiscus Drive, Miami Beach, FL 33139 depends on how it's priced against comparable single family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$4,000,000
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Listed by Barbara Montesanto, Douglas Elliman
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Recent Sales
Recently sold homes in Hibiscus Island
These are the last 6 recorded closings in Hibiscus Island, with the price each home actually sold for rather than what it was listed at. They closed at a median of $4,399 per square foot. The most recent closed on September 23, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$22,000,000
Sold · September 23, 2026
205 N Hibiscus Drive
4 bed · 3 bath · 4,097 sqft · $5,370/sqft
$2,000,000 under the asking price
Sold$19,775,000
Sold · September 18, 2026
271 N Hibiscus Drive
6 bed · 7.5 bath · 9,131 sqft · $2,166/sqft
$5,175,000 under the asking price
Sold$10,800,000
Sold · September 18, 2026
170 S Hibiscus Drive
3 bed · 2 bath · 2,455 sqft · $4,399/sqft
$1,700,000 under the asking price
Sold$51,500,000
Sold · August 24, 2026
270 S Hibiscus Drive
7 bed · 7.5 bath · 10,500 sqft · $4,905/sqft
$3,500,000 under the asking price
Sold$18,500,000
Sold · May 29, 2026
94 S Hibiscus Drive
4 bed · 5.5 bath · 4,866 sqft · $3,802/sqft
$3,499,000 under the asking price
Sold$9,500,000
Sold · April 16, 2026
375 S Hibiscus Drive
6 bed · 6.5 bath · 4,286 sqft · $2,217/sqft
$800,000 under the asking price
See every recorded sale in Hibiscus Island or find out what your Hibiscus Island home is worth.
