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Star, Palm and Hibiscus Islands

Star, Palm and Hibiscus Islands

$6,973,041 Average Value
$3,282 Average Price per Sq Ft
24 Homes For Sale

If you’re looking for “the best of the best in the middle of it all,” look no further than the Star, Palm and Hibiscus Islands, says local Realtor Jennifer Kaiser with Kaiser & Associates Realty LLC, who has lived in this neighborhood of Miami since 1988. “For security and location, you can’t beat it,” she says.

Hibiscus Island is so hard to reach that it can only be accessed by boat or road crossing Palm Island. The front gates of these island communities are staffed by Miami Beach police, too, Kaiser says. Star Island, which has its own security, is closest to Miami Beach, and all the islands are accessible via the MacArthur Causeway. By comparison, the Venetian Islands to the north have no gated security.

This cluster of manmade islands features some of the most luxurious homes in the world, ranging from 6,000 square feet to 15,000 square feet, designed in Mediterranean, Colonial and Modern styles. “Many offer stunning views of Miami,” says broker associate Jill Eber with the Jills Zeder Group. The islands are “a great community for boaters because you’re minutes from the ocean,” Eber says. Most homes have private docks and boat lifts. Nearly all on the waterfront — single-family homes range from $4 million to $50 million. Because of its tropical landscape, Star Island is a part of the Biscayne Bay Aquatic Preserve. Many homes surround the oval-shaped Star Island Drive, which contains the lush, green 5.1-acre Buoy Park, a favorite jogger spot. In addition to its waterfront homes, Palm Island features a public park with tennis and basketball courts that is shared with Hibiscus. Over half a century ago, Palm was a mecca for big-named entertainers, such as Frank Sinatra, Dean Martin and Jerry Lewis, who performed at the world-famous Latin Quarter Nightclub.

Created in the early 1920s, the Star, Palm and Hibiscus Islands are a short drive from everything Miami offers — downtown offices, Wynwood and the Design District, Miami Beach nightlife and Miami International Airport. The islands have been called home by some of the most famous people in the world, including musicians Gloria Estefan and Enrique Iglesias and basketball legend Shaquille O’Neal — even the notorious mobster Al Capone lived on Palm Island. “From the ’80s onward, the islands attracted young entrepreneurs and artists because they’re so close to South Beach,” says real estate broker Sophie Delaplaine with The Jack Coden Group of Keller Williams Eagle Realty. These “newly moneyed stars” were attracted to South Beach and all its glamor — a place to be and be seen — where you could have a boat and parties on the dock. “In such a small community, it’s easy to meet people and make friends,” Delaplaine says.

While no schools are on the islands, Miami-Dade County Public Schools are nearby and include South Pointe Elementary, Nautilus Middle and Miami Beach High. Each received an above-average grade from Niche. In fact, South Pointe Elementary, which scored a B+, is an International Baccalaureate school with the mission to supply its nearly 500 students with personalized learning experiences.

For shopping needs, the Fifth & Alton Mall, which has a Publix, Ross and TJ Maxx, is just across the bridge in Miami Beach, and Trader Joe’s and Whole Foods are only a short drive farther up Alton Road. Residents often walk the 1.9 miles to this shopping area.

If you’ve been dreaming of a neighborhood with island appeal, a prime location and a famous and infamous history, look no further than the Star, Palm and Hibiscus Islands. This trio of islands has it all, including some of the most luxurious real estate in all of Maimi.

Kelly Anderson
Written By
Kelly Anderson
Daniele Giuseppe Del Gaudio
Photography Contributed By
Daniele Giuseppe Del Gaudio
Anne Sheridan
Video By
Anne Sheridan

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Miami International

25 min drive

Bus

Mac Arthur Cy & Japanese Gardens

Bus

Mac Arthur Cy & Terminal Isle

Bus

Mac Arthur Cy & Fountain St

Bus

Mac Arthur Cy & Bridge Rd

Bus

Macarthur Cy & Watson Island

Star, Palm and Hibiscus Islands Demographics and Home Trends

Housing Trends

Median List Price
$17,075,000
Median Sale Price
$9,421,666
Median Single Family Sale Price
$15,000,000
Median Townhouse Sale Price
$24,700,000
Median Change From 1st List Price
27%
Last 12 months Home Sales
8
Median Home Sale Price YoY Change
-8%
Average Price Per Sq Ft
$3,282

Neighborhood Facts

Number of Homes in Neighborhood
236
Number of Homes for Sale
24
Median Year Built
1955
Months of Supply
36.00
Average Single Family Home Size Sq Ft
4,495
Significantly above the national average
1,925
Average Townhouse Size Sq Ft
6,662
Average 2 Bedroom Size Sq Ft
1,275
Average 1 Bedroom Size Sq Ft
625
Median Lot Size Sq Ft
9,583

Open Houses

  • Sunday, Sep 21
    3 - 5pm

    176 S Hibiscus Dr, Miami Beach, FL 33139

    $18,900,000

    • 6 Beds
    • 6.5 Baths
    • 6,211 Sq Ft
    • 176 S Hibiscus Dr

    Welcome to luxury waterfront living at 176 S Hibiscus Drive in the heart of Miami Beach! This stunning 6-bed, 6.5-bath residence offers 60 feet of prime waterfront on one of the most prestigious islands in Miami Beach, withbreathtaking views of downtown Miami. Equipped with two boat lifts—one holding 40,000 pounds & the other20,000 pounds—a private dock,& summer kitchen, this home is

    Eduardo Bocanegra Luxe Properties

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1
Median Age
43
Population Density
1 person/acre
Population under 18
100%
Significantly above the national average
23.8%
Population over 65
100%
Significantly above the national average
19.1%

Finances

Average Household Income
$42

Education and Workforce

College Graduates
-173872.1%
Significantly below the national average
34.1%
Advanced Degrees
-108.7%
Significantly below the national average
13.3%

Weather

Annual Precipitation
68''
Average Winter Low Temperature
62°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

43 / 100

Car-Dependent

Walk Score®

0 / 100

Some Transit

Transit Score®

48 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Star, Palm and Hibiscus Islands