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 Realty 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 Under Contract, 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 Realty 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 Realty will run the comps and help you craft a competitive, well-supported offer.

Under Contract

3 Days on Market

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$24,000,000

205 N Hibiscus Drive

Miami Beach, FL 33139

HIBISCUS ISLAND

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

Bedrooms

Bathrooms

4,097

Living Sq Ft

1956

Year Built

Estimated monthly payment

$126,130 /mo

Principal and interest only, based on $4,800,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price: $24,000,000
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: Under Contract
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.

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General Features

Property Type: Single Family
Status: Under Contract
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
MLS Area: 2320

Schools

Elementary School: Miami Beach South Pointe
Middle School: Miami Beach Nautilus
High School: Miami Beach

About the Community

Hibiscus Island

View Community Details →

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 Realty lists homes in Hibiscus Island for 1% commission and provides free buyer representation.

Homes for Sale: 13
Under Contract: 3
Median List Price: $19,500,000
Median $/Sq Ft: $4,819
Avg Days on Market: 162

View all 13 homes for sale in Hibiscus Island →

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 Realty 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 Under Contract, 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 Realty 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 Realty 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 Realty. 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.

$24,000,000