205 N Hibiscus Dr Miami Beach, FL 33139
Star, Palm and Hibiscus Islands NeighborhoodEstimated payment $152,393/month
Highlights
- 120 Feet of Waterfront
- Ocean View
- Gated Community
- South Pointe Elementary School Rated 9+
- Private Pool
- 0.48 Acre Lot
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $239,661
Year Built
- Built in 1956
Lot Details
- 21,000 Sq Ft Lot
- 120 Feet of Waterfront
- Ocean Front
- North Facing Home
- Gated Home
- Property is zoned 0800
Parking
- Circular Driveway
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,097 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Ocean Views
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Schools
- Miami Beach South Pointe Elementary School
- Miami Beach Nautilus Middle School
- Miami Beach High School
Additional Features
- Private Pool
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 0232320060480
Community Details
Overview
- No Home Owners Association
- Hibiscus Island Subdivision
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $239,661 | $14,209,669 | $14,070,000 | $139,669 |
| 2024 | $255,989 | $12,537,500 | $12,140,825 | $396,675 |
| 2023 | $255,989 | $12,443,598 | $12,350,000 | $93,598 |
| 2022 | $218,372 | $11,388,599 | $9,555,000 | $1,833,599 |
| 2021 | $66,810 | $3,301,489 | $0 | $0 |
| 2020 | $66,098 | $3,255,907 | $0 | $0 |
| 2019 | $64,741 | $3,182,705 | $0 | $0 |
| 2018 | $61,725 | $3,123,362 | $0 | $0 |
| 2017 | $61,553 | $3,059,121 | $0 | $0 |
| 2016 | $60,904 | $2,996,201 | $0 | $0 |
| 2015 | $61,146 | $2,975,374 | $0 | $0 |
| 2014 | $62,244 | $2,951,760 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/21/2026 08/21/26 | Pending | -- | -- | -- | |
| 08/18/2026 08/18/26 | For Sale | $24,000,000 | 0.0% | $5,858 / Sq Ft | |
| 08/10/2025 08/10/25 | Rented | $29,000 | +141.7% | -- | |
| 07/03/2025 07/03/25 | For Rent | $12,000 | 0.0% | -- | |
| 05/13/2024 05/13/24 | Sold | $14,750,000 | 0.0% | $4,229 / Sq Ft | View Prior Sale |
| 05/13/2024 05/13/24 | Sold | $14,750,000 | -4.8% | $2,950 / Sq Ft | View Prior Sale |
| 05/06/2024 05/06/24 | Pending | -- | -- | -- | |
| 03/27/2024 03/27/24 | Price Changed | $15,500,000 | -6.1% | $3,100 / Sq Ft | |
| 11/29/2023 11/29/23 | For Sale | $16,500,000 | 0.0% | $3,300 / Sq Ft | |
| 11/29/2023 11/29/23 | For Sale | $16,500,000 | 0.0% | $4,731 / Sq Ft | |
| 09/01/2023 09/01/23 | Rented | $25,000 | -21.9% | -- | |
| 08/30/2023 08/30/23 | Under Contract | -- | -- | -- | |
| 08/09/2023 08/09/23 | For Rent | $32,000 | -1.5% | -- | |
| 11/15/2022 11/15/22 | Rented | $32,500 | -27.8% | -- | |
| 11/07/2022 11/07/22 | Under Contract | -- | -- | -- | |
| 05/24/2022 05/24/22 | For Rent | $45,000 | 0.0% | -- | |
| 05/04/2022 05/04/22 | Sold | $14,900,000 | 0.0% | $2,980 / Sq Ft | View Prior Sale |
| 01/25/2022 01/25/22 | Pending | -- | -- | -- | |
| 08/02/2021 08/02/21 | For Sale | $14,900,000 | +65.6% | $2,980 / Sq Ft | |
| 03/08/2021 03/08/21 | Sold | $9,000,000 | 0.0% | $2,580 / Sq Ft | View Prior Sale |
| 01/14/2021 01/14/21 | Pending | -- | -- | -- | |
| 01/05/2021 01/05/21 | Off Market | $9,000,000 | -- | -- | |
| 08/21/2020 08/21/20 | For Sale | $9,995,000 | -- | $2,866 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $14,750,000 | None Listed On Document | |
| Warranty Deed | $14,527,500 | Union Title | |
| Warranty Deed | $14,000,000 | Attorney | |
| Warranty Deed | $9,000,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $4,228,000 | Attorney | |
| Warranty Deed | $5,600,000 | None Available | |
| Warranty Deed | $5,175,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $1,125,000 | Credit Line Revolving | |
| Previous Owner | $3,250,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $3,000,000 | Unknown | |
| Previous Owner | $3,250,000 | New Conventional | |
| Previous Owner | $4,200,000 | Unknown | |
| Previous Owner | $3,900,000 | Unknown |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A12070726
APN: 02-3232-006-0480
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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