$22,000,000
Sold · September 23, 2026
205 N 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
- $22,000,000
- Vs. list price
- 8.3% under
- Days on market
- 3
- Price per sq ft
- $5,370
This 4-bedroom single-family home in Hibiscus Island sold for $22,000,000 on September 23, 2026. That was 8.3% below its final list price of $24,000,000. It spent 3 days on the market. At $5,370 per square foot, it closed 78.4% above the $3,010 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $22,000,000
- Sold On
- September 23, 2026
- Days on Site
- 3 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 4,097 sqft
- Total Sq Ft
- 4,097 sqft
- Lot Size
- 0.48 Acres
- Year Built
- 1956
- Property Type
- Single Family
- MLS #
- A12070726
- Property Tax
- $239,661 (2025)
- Subdivision
- HIBISCUS ISLAND
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1956
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Circular Driveway
- Direction Faces
- North
- Lot Size (Acres)
- 0.48
- Living Sq Ft
- 4,097
- Total Sq Ft
- 4,097
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0800
Interior Features
- Appliances
- Dishwasher / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Other
- Total Rooms
- 2
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Other
- Private Pool
- Yes
- Pool Features
- Other
- Lot Features
- Quarter To Half Acre Lot
- Waterfront Features
- None / Ocean Front / Other
- Frontage
- Waterfront
- Frontage Length
- 120.00 ft
- View
- Ocean / Other
Community & HOA
- Association Amenities
- Gated
- Financing Terms
- Cash
- Restrictions
- Ok To Lease
- MLS Area
- 2320
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 205 N Hibiscus Drive, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 205 N 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 205 N Hibiscus Drive, Miami Beach, FL 33139 still available?
- 205 N Hibiscus Drive, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 3 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 205 N Hibiscus Drive, Miami Beach, FL 33139?
- With 20% down ($4,800,000) on the $24,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 205 N Hibiscus Drive, Miami Beach, FL 33139 is about $126,130/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 205 N 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 205 N 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 205 N Hibiscus Drive, Miami Beach, FL 33139?
- 205 N 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 205 N Hibiscus Drive, Miami Beach, FL 33139?
- Often, yes. The right offer on 205 N 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 Agentwise Realty
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 August 30, 2026.
$22,000,000
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Listed by Olivia Carbe, Agentwise Realty
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Property Types
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 $3,802 per square foot. The most recent closed on September 30, 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$4,000,000
Sold · September 30, 2026
111 S Hibiscus Drive
4 bed · 4.5 bath · 3,477 sqft · $1,150/sqft
$450,000 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.
