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394 S Hibiscus Drive, Miami Beach, FL 33139

$15,375,000
Property Type: Land & Docks Lot Size (sq. ft.): 18,375 Status: Closed
Current Price: $15,375,000 List Date: 8/17/2023 Last Modified: 2/12/2026

Description

Build your dream home on a rare waterfront south facing double lot on coveted Hibiscus Island. This 18,375 square foot lot boasts 101’ of waterfrontage with southern exposure on one of Miami Beach’s most prestigious and guard gated island neighborhoods. Perfectly positioned parcel captures breathtaking sunsets over Biscayne Bay and offers captivating panoramic views of the Downtown Miami skyline. This exceptional location is just minutes away from South Beach, Downtown, world class dining, shopping, and beaches.

More Information MLS# A11450680

Contract Information

Comp Sale YN: No LP/Acre: 40303461.36 Listing Date: 2023-08-16 Status: Closed Original List Price: 18000000 Sold Price: $15,375,000 Current Price: $15,375,000

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: 394 Street Direction Prefix: S Street Name: Hibiscus Street Suffix: Drive State Or Province: FL Postal Code: 33139 Postal Code +4: 5134 Subdivision Name: HIBISCUS ISLAND Area: 2320 Parcel Number: 0232320060180 Zoning: 0800

General Property Information

Number Of Lots: 1 Lot Size Dimensions: 18375 Water Frontage Feet: 101 LP/SqFt: 925.17 Property Sub Type: Unimproved Land Lot Size Acres: 0.42 Lot Size Square Feet: 18375 Waterfront YN: 1 Direction Faces: North

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Cash SP/Acre: 36450924.61 Major Change Timestamp: 2024-04-25T03:49:34Z Major Change Type: Status Change Price Change Timestamp: 2023-11-21T23:07:50Z Status Change Date: 2024-04-25 Under Contract Date: 2024-02-06 Close Date: 2024-04-24 Close Price: 15375000

Current Use

Residential: 1 Single Family: 1 Other: 1

Development Status

Other: 1

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Trees

Other: 1

Water Access

Ocean Access: 1 Other: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Other: 1

Water Source

Public: 1

Waterfront Features

Bayfront: 1

Boat and Dock Information

Dock: Yes

Boat and Dock Features

Private Dock: 1

Showing Requirements

Call Listing Agent: 1

Contingencies

Other: 1

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 0180

Acreage Description

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

Financial Information

Tax Year: 2022 Tax Annual Amount: 178119 Tax Legal Description: HIBISCUS ISLAND PB 8-75 LOT 20 & 20FT STR IN BAY ADJ & E 45FT LOT 21 & 20FT STR IN BAY ADJ BLK 1 LOT SIZE 105.000 X 175 OR 11826-449 0683 5

Originating Details

Originating System Key: 386150784 Originating System ID: M00000151

Property Features

Current Use: Residential; Single Family; Other Development Status: Other Possession: Negotiable Sewer: Public Sewer Trees: Other Boat and Dock Features: Private Dock Listing Terms: Cash; Conventional Lot Features: Other Water Access: Ocean Access; Other Water Source: Public Waterfront Features: Bayfront Showing Requirements: Call Listing Agent Contingencies: Other Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: Coldwell Banker Realty
Last Updated: February - 12 - 2026
394 S Hibiscus Drive, Miami Beach, FL 33139- MLS# A11450680
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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