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205 N Hibiscus Drive, Miami Beach, FL 33139

New Listing
$24,000,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 4,097 Status: Active
Current Price: $24,000,000 List Date: 8/18/2026 Last Modified: 8/18/2026

Description

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.

More Information MLS# A12070726

Contract Information

Comp Sale YN: No Occupant Type: Vacant Listing Date: 2026-08-18 Status: Active Original List Price: 24000000 List Price: $24,000,000 Current Price: $24,000,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Beach Municipal Code: 2 Postal Zip: 33139 Subdivision Number: 6 Flood Zone: AE Country: United States Street Number: 205 Street Direction Prefix: N Street Name: Hibiscus Street Suffix: Drive State Or Province: FL Postal Code: 33139 Postal Code +4: 5121 Subdivision Name: HIBISCUS ISLAND Area: 2320 Elementary School: Miami Beach South Pointe Middle Or Junior School: Miami Beach Nautilus High School: Miami Beach Parcel Number: 0232320060480 Zoning: 0800

General Property Information

Adjusted Area Main: 3894 Living Area Main: 4097 Lot Size Area: 21000 Water Frontage Feet: 120 Senior Community YN: No Stories Total: 1 Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 4 Bathrooms Total: 3 Bathrooms Full: 3 Building Area Main: 4097 Year Built: 1956 Lot Size Acres: 0.48 Waterfront YN: 1 Direction Faces: North

Financial Information

Estimated Monthly Assoc Recurring Fee: 0 Membership Fee Required YN: No Tax Annual Amount: 239661 Tax Year: 2025 Tax Legal Description: HIBISCUS ISLAND PB 8-75 LOT 31 & ALL LOT 32 LESS E40FT BLK 2 LOT SIZE 120.000 X 175 OR 13811-386 0788 1 COC 24708-4581 0606 1 25072-1842

Office/Member Information

DXORIGMLSID: SEF

Association Amenities

Gated: 1

Entry Information

Entry Level: 1

Exterior Features

Other: 1

Flooring

Tile: 1

Leasing Permitted Details

Leasing Permitted YN: Yes Okay To Lease: 1

Parking Features

Circular Driveway: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Special Information

Sold As-Is: 1

View

Other: 1

Heating

Central: 1

Water Access

None: 1

Water View

Ocean: 1

Appliances

Dishwasher: 1 Refrigerator: 1

Construction Materials

Concrete Block - No Stucco: 1

Levels

One: 1

Listing Terms

Cash: 1

Pool Features

Other: 1

Roof

Other: 1

Water Source

Public: 1

Waterfront Features

Ocean Front: 1 Other: 1

Cooling

Central Air: 1

Showing Requirements

Appointment Only: 1

Master Bedroom/Bath

Other: 1

Pool Size Details

Pool Size (WxL): 36

Tax Information

City/County: 1

Room Types

Family Room: 1 Other: 1

Price Calculations

Current Price To SqFt: 5857.94

Section Details

Parcel Number MLX: 0480

Acreage Description

1/4 To Less Than 1/2 Acre Lot: 1

Status Change Information

Major Change Timestamp: 2026-08-18T04:00:00Z Major Change Type: New Listing Status Change Date: 2026-08-18

Originating Details

Originating System Key: 549471504 Originating System ID: M00000151

Property Features

Association Amenities: Gated Exterior Features: Other Flooring: Tile Leasing Permitted Details: Okay To Lease Parking Features: Circular Driveway Appliances: Dishwasher; Refrigerator Construction Materials: Concrete Block - No Stucco Cooling: Central Air Heating: Central Levels: One Listing Terms: Cash Pool Features: Other Possession: Close Of Escrow Roof: Other Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County View: Other Water Access: None Water Source: Public Water View: Ocean Waterfront Features: Ocean Front; Other Showing Requirements: Appointment Only Room Types: Family Room; Other Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Room Information

Family Room Other
Listing Office: Agentwise Realty
Last Updated: August - 18 - 2026
205 N Hibiscus Drive, Miami Beach, FL 33139- MLS# A12070726
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