NOT LISTED FOR SALE

160 S Hibiscus Dr Miami Beach, FL 33139

Star, Palm and Hibiscus Islands Neighborhood

Estimated Value: $6,195,000 - $19,030,158

5 Beds
7 Baths
5,437 Sq Ft
$2,112/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $17,500,000 $3,219 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $89,000/month

179 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • South Pointe Elementary School Rated A-
  • Private Dock
  • New Construction

About This Home

As of November 2021

NEW LUXURY WATERFRONT VILLA on one of Miami Beach’s most coveted addresses - HIBISCUS ISLAND. Designed by architect Borges Architecture & Design, this modern masterpiece is the perfect home for anyone looking to enjoy the best Miami has to offer. This beautiful 5 Bedroom, 5.5 Bathroom home features: rooftop deck with 360 degree views of the Miami skyline, infinity edged pool with sunset vistas of Biscayne Bay and outdoor bbq, Ornare custom kitchen, bar, full-length wine cellar, floating staircase, spacious master bed with marble bath, Mia Cucina his/her, floor-to-ceiling sliding doors, 2-car garage, elevator & more. Move-in ready with full furniture package.

Last Agent to Sell the Property

Alessandro Saponaro

AFS Living License #3313733 Listed on: 05/20/2021

Last Buyer's Agent

Sonia Gherardi

One Sotheby's International Realty License #0576401

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,505

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 10,500 Sq Ft Lot
  • 60 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned 0800

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,437 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters

Outdoor Features

  • Concrete Pool
  • Property has ocean access
  • Private Dock
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hibiscus Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-32-006-0830

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,505

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: Yes
  • Structure Type: House
  • Subdivision Name: HIBISCUS ISLAND
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Electric Range
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Walk-In Closet(s), Maid/In-Law Quarters
  • Spa Yn: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Marble, Wood
  • Furnished: Furnished
  • Living Area: 5437
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Secondary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Living Room Features: Maid/In-Law Quarters

Exterior Features

  • Roof: Concrete
  • View: Bay, Ocean, Water
  • Exterior Features: Barbeque
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: Concrete, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: HIBISCUS ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-32-006-0830
  • Lot Size Sq Ft: 10500
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 71505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Nov 8, 2021
Sold by
160 S Hibiscus Fl Llc
Bought by
Top Hibiscus Llc
Seller's Agent
Alessandro Saponaro
AFS Living
Buyer's Agent
Sonia Gherardi
One Sotheby's International Realty
List Price
$18,900,000
Sold Price
$17,500,000
Premium/Discount to List
-$1,400,000
-7.41%
Current Estimated Value
$11,483,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,016,614
Avg. Annual Appreciation
-8.44%

Purchase Details

Listed on
Apr 7, 2020
Closed on
May 6, 2021
Sold by
160 S Hibiscus Llc
Bought by
160 S Hibiscus Fl Llc
Seller's Agent
Julian Johnston
The Corcoran Group
Buyer's Agent
Alessandro Saponaro
AFS Living
List Price
$14,500,000
Sold Price
$15,500,000
Premium/Discount to List
$1,000,000
6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.87%

Purchase Details

Listed on
Nov 7, 2016
Closed on
May 9, 2017
Sold by
Villamanan Manuel and Villamanan Carmen
Bought by
160 S Hibiscus Llc
Seller's Agent
Emilio Palomo
Riteway Properties III, Inc.
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$4,900,000
Sold Price
$4,125,000
Premium/Discount to List
-$775,000
-15.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.34%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Top Hibiscus Llc $17,500,000 Attorney
160 S Hibiscus Fl Llc $15,500,000 Attorney
160 S Hibiscus Llc -- Attorney
160 S Hibiscus Llc $4,125,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Top Hibiscus Llc $10,000,000
Previous Owner 160 S Hibiscus Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $17,500,000 -7.4% $3,219 / Sq Ft
05/13/2021 05/13/21 For Sale $18,900,000 +21.9% $3,476 / Sq Ft
05/06/2021 05/06/21 Sold $15,500,000 -8.8% $2,851 / Sq Ft
03/03/2021 03/03/21 Price Changed $17,000,000 +9.7% $3,127 / Sq Ft
01/12/2021 01/12/21 Price Changed $15,500,000 +6.9% $2,851 / Sq Ft
04/06/2020 04/06/20 For Sale $14,500,000 +251.5% $2,667 / Sq Ft
05/09/2017 05/09/17 Sold $4,125,000 -8.2% $1,775 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
01/19/2017 01/19/17 Price Changed $4,495,000 -8.3% $1,934 / Sq Ft
11/07/2016 11/07/16 For Sale $4,900,000 -- $2,108 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $322,978 $16,930,014 $7,035,000 $9,895,014
2024 $320,395 $17,032,010 $7,035,000 $9,997,010
2023 $320,395 $16,782,529 $0 $0
2022 $289,590 $15,256,845 $4,777,500 $10,479,345
2021 $77,403 $3,885,000 $3,885,000 $0
2020 $71,505 $3,570,000 $3,570,000 $0
2019 $71,572 $3,570,000 $3,570,000 $0
2018 $69,809 $3,590,076 $3,360,000 $230,076
2017 $88,223 $4,495,701 $0 $0
2016 $12,183 $563,312 $0 $0
2015 $11,816 $559,397 $0 $0
2014 $12,084 $554,958 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alessandro Saponaro

    Seller's Agent in 2021

    Alessandro Saponaro

    AFS Living

    (415) 994-8214

    4 in this area

    23 Total Sales

    Alessandro Saponaro
    Section Image
  • Julian Johnston

    Seller's Agent in 2021

    Julian Johnston

    The Corcoran Group

    (305) 332-2346

    15 in this area

    229 Total Sales

    Julian Johnston
    Section Image
  • Sonia Gherardi

    Buyer's Agent in 2021

    Sonia Gherardi

    One Sotheby's International Realty

    (786) 344-7080

    1 in this area

    12 Total Sales

    Sonia Gherardi
    Section Image
  • Emilio Palomo

    Seller's Agent in 2017

    Emilio Palomo

    Riteway Properties III, Inc.

    (305) 598-2300

    48 Total Sales

    Emilio Palomo
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11041600

MIAMI REALTORS® MLS

APN: 02-3232-006-0830

Florida Miami/Dade County Miami Beach 33139 Star, Palm and Hibiscus Islands

160 S Hibiscus Dr, Miami Beach, FL

This home is located at 160 S Hibiscus Dr, Miami Beach, FL 33139 since 20 May 2021 and is currently estimated at $11,483,386, approximately $2,112 per square foot. This property was built in 2021. 160 S Hibiscus Dr is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes