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Waterfront Community · Miami Beach, FL
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.
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Market Overview
There are 11 active listings for sale in Hibiscus Island right now. The median list price is $19,500,000, or about $4819 per square foot. Listings span $4,450,000 to $49,500,000, so there is inventory across most budgets. Homes are averaging 150 days on market. These figures update from the MLS as the market moves.
Hibiscus Island Market Stats
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About Hibiscus Island
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 & Architecture
Homes for sale in Hibiscus Island offer 4 to 7 bedrooms and 4 to 7.5 baths. Floor plans span roughly 2,663 to 8,300 square feet. The mix here includes single family homes. Current prices run from $4,450,000 to $49,500,000. The homes on the market were built between 1934 and 2026.
Amenities & Lifestyle
Waterfront homes here offer canal, lake, or Intracoastal frontage, and some sites include private dockage.
Location
Hibiscus Island is located in Miami Beach, part of Miami-Dade County, Florida. The Miami Beach area's shopping, dining, schools, and parks are all nearby, and the region's job centers, beaches, and airports are within driving distance.
Buying in Hibiscus Island
The buying process in Hibiscus Island is the one used across Miami-Dade County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Miami-Dade County is about $3,516. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Miami Beach means you see new listings in Hibiscus Island the day they reach the market.
Selling in Hibiscus Island
Selling a home in Hibiscus Island starts with pricing it correctly for current conditions. List prices in Hibiscus Island currently center around $19,500,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Hibiscus Island owners in Miami Beach, so you can see what your property could sell for before you commit to listing.
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