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405 N Hibiscus Drive 204, Miami Beach, FL 33139
Active
100 Days on Market
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How this price compares

List price
$620,000
Price per sq ft
$1,000
Original price
$675,000
Days on market
100

This 1-bedroom condo in ZIP 33139 is listed at $620,000, or $1,000 per square foot. The asking price has come down 8.1% from its original $675,000. It has been on the market for 100 days.

1
Bedrooms
1
Bathrooms
620
Living Sq Ft
1960
Year Built

Estimated monthly payment

$3,258 /mo

Principal and interest only, based on $124,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $727/mo HOA are not included.

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Listing Snapshot

Price
$620,000
Days on Site
100 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
620 sqft
Year Built
1960
Property Type
Condo
MLS #
A12044925
Property Tax
$8,824 (2025)
HOA Fees
$727 / Monthly
Subdivision
ISLAND CLUB OF SOUTH BEACH
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Rarely available Hibiscus Island condominium offering boutique waterfront living in one of Miami Beach's most exclusive gated communities. One of only 20 residences in the building, this 1-bedroom, 1-bath home spans 620 square feet and is surrounded by some of the area's most iconic bayfront estates.The residence features an in-unit washer and dryer, a deeded parking space, and access to outstanding waterfront amenities. Enjoy a bayfront swimming pool, BBQ gazebo, and community dock with rentable boat slips available through the association for an additional fee, ideal for boating and water enthusiasts.Flexible and low-maintenance, this property works beautifully as a primary residence, seasonal getaway, investment property, or lock-and-leave pied-à-terre. It can also serve as a guest suite, home office, or additional living space for nearby Hibiscus, Palm, and Star Island homeowners.Residents benefit from the privacy and security of a guard-gated island, plus access to tennis courts, basketball courts, a playground, and scenic walking and biking streets. Located just minutes from South Beach, Brickell, the Design District, Wynwood, Downtown Miami, major airports, marinas, dining, shopping, and entertainment, this Hibiscus Island condo delivers a rare combination of tranquil island living and central Miami Beach convenience at a price point seldom found on the island.

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General Features

Property Type
Condo
Status
Active
Year Built
1960
Property Condition
Resale
Number of Stories
2
Garage Spaces
0
Parking
Deeded / Guest
Living Sq Ft
620

Interior Features

Appliances
Dryer / Electric Range / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Tile
Interior Features
Other
Furnished
Furnished

Exterior Features

Construction
Block
Exterior Features
Balcony / Outdoor Living Area
Pool Features
Association
Patio & Porch
Open / Balcony
Waterfront
Yes
Waterfront Features
Bayfront
View
Other

Community & HOA

HOA Fee
$727 / Monthly
HOA Includes
Common Areas / Hot Water / Insurance / Maintenance Grounds / Maintenance Structure / Pools / Roof / Sewer / Trash / Water
Association Amenities
Basketball Court / Picnic Area / Pool / Tennis Courts
Security
Other
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease
MLS Area
2320

Schools

Elementary School
Miami Beach South Pointe
Middle School
Miami Beach Nautilus
High School
Miami Beach
Homes for Sale
1
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 204, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 405 N Hibiscus Drive 204, 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 204, Miami Beach, FL 33139 still available?
405 N Hibiscus Drive 204, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 100 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 204, Miami Beach, FL 33139?
With 20% down ($124,000) on the $620,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 405 N Hibiscus Drive 204, Miami Beach, FL 33139 is about $3,258/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 204, 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 204, 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 204, Miami Beach, FL 33139 have an HOA fee?
Yes: 405 N Hibiscus Drive 204, 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 204, Miami Beach, FL 33139?
405 N Hibiscus Drive 204, 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 204, Miami Beach, FL 33139?
Often, yes. The right offer on 405 N Hibiscus Drive 204, 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 The Corcoran Group

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 July 19, 2026.

$620,000

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Listed by Michael Anthony Buttacavoli, The Corcoran Group

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