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405 N Hibiscus Drive 202, Miami Beach, FL 33139
Sold
72 Days on Market
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$550,000

Sold · March 26, 2026

405 N Hibiscus Drive 202

Miami Beach, FL 33139

ISLAND CLUB OF SOUTH BEACH

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

What this home sold for

Sold price
$550,000
Vs. list price
19.1% under
Days on market
72
Price per sq ft
$887

This 1-bedroom condo in ZIP 33139 sold for $550,000 on March 26, 2026. That was 19.1% below its final list price of $680,000. It first came on the market at $699,000, so the price was adjusted before it sold. It spent 72 days on the market. At $887 per square foot, it closed 5.6% above the $840 median of the 4 other condo sales in the recent closings shown below.

1
Bedrooms
1
Bathrooms
620
Living Sq Ft
1960
Year Built

Listing Snapshot

Sold Price
$550,000
Sold On
March 26, 2026
Days on Site
72 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Living Area
620 sqft
Total Sq Ft
620 sqft
Year Built
1960
Property Type
Condo
MLS #
A11939552
Property Tax
$8,983 (2026)
HOA Fees
$727 / Monthly
Subdivision
ISLAND CLUB OF SOUTH BEACH
County
Miami Dade
Status
Sold

About This Property

Incredible opportunity to own your Island Property on Hibiscus Island, Miami Beach.Discover this charming one-bedroom, one-bathroom residence located in the only condominium building on Hibiscus Island surrounded by multi million dollar homes. Offering access to a private boat slip for a monthly fee and can accommodate vessels up to 32 feet, jet skis with direct ocean access—perfect for boating and recreational water activities.The property features a waterfront pool, BBQ gazebo, one assigned parking space, and additional guest parking. This residence offers an ideal living environment for those seeking the privacy, security, tranquility, and exclusivity that Hibiscus Island is known for.The island community provides tennis courts, basketball courts, a playground, and bike lanes, creating a balanced lifestyle of relaxation and recreation. Security is enhanced by and gated entrance monitored by the Miami Beach Police Department

MLS media link

General Features

Property Type
Condo
Status
Sold
Year Built
1960
Property Condition
Resale / Updated Remodeled
Number of Stories
2
Garage Spaces
1
Attached Garage
Yes
Parking
Assigned / Attached / Garage
Living Sq Ft
620
Total Sq Ft
620

Interior Features

Appliances
Dishwasher / Disposal / Microwave
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile
Interior Features
Upper Level Primary / Walk In Closets
Laundry
Washer Hookup / Dryer Hookup
Total Rooms
1

Exterior Features

Construction
Block
Exterior Features
Balcony / Barbecue / Outdoor Living Area / Tennis Courts
Private Pool
Yes
Pool Features
Private / Association
Patio & Porch
Deck / Open / Balcony
Waterfront
Yes
Waterfront Features
Bayfront / Canal Front / Intracoastal Access / Ocean Front / Other
View
Bay / Canal / Intercoastal / Ocean / Water

Community & HOA

HOA Fee
$727 / Monthly
HOA Includes
Legal Accounting / Maintenance Grounds / Pest Control / Pools / Recreation Facilities / Security / Trash / Water
Association Amenities
Basketball Court / Picnic Area / Pool / Parking / Tennis Courts
Community Features
Home Owners Association
Security
Security Guard
Pets Allowed
Yes
Financing Terms
Cash / Conventional
MLS Area
2320

Schools

Elementary School
Miami Beach South Pointe
Middle School
Miami Beach Nautilus
High School
Miami Beach
Homes for Sale
1
Under Contract
0
Median List Price
$620,000
Median $/Sq Ft
$1,000
Avg Days on Market
100
View all 1 homes for sale in Island Club of South Beach →
How do I schedule a tour of 405 N Hibiscus Drive 202, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 405 N Hibiscus Drive 202, 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 405 N Hibiscus Drive 202, Miami Beach, FL 33139 still available?
405 N Hibiscus Drive 202, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 72 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 405 N Hibiscus Drive 202, Miami Beach, FL 33139?
With 20% down ($136,000) on the $680,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 405 N Hibiscus Drive 202, Miami Beach, FL 33139 is about $3,574/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 405 N Hibiscus Drive 202, Miami Beach, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 405 N Hibiscus Drive 202, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 405 N Hibiscus Drive 202, Miami Beach, FL 33139 have an HOA fee?
Yes: 405 N Hibiscus Drive 202, Miami Beach, FL 33139 carries an HOA fee of about $727 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 405 N Hibiscus Drive 202, Miami Beach, FL 33139?
405 N Hibiscus Drive 202, 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 405 N Hibiscus Drive 202, Miami Beach, FL 33139?
Often, yes. The right offer on 405 N Hibiscus Drive 202, Miami Beach, FL 33139 depends on how it's priced against comparable condo 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 Brickell Brokers LLC

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.

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Listed by Monica Fabiola Gasser, Brickell Brokers LLC

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