420 N Hibiscus Dr Miami Beach, FL 33139
Star, Palm and Hibiscus Islands NeighborhoodEstimated payment $55,709/month
Highlights
- Water Views
- Heated In Ground Pool
- Sitting Area In Primary Bedroom
- South Pointe Elementary School Rated A-
- Sauna
- Gated Community
About This Home
A modern masterpiece by award-winning architect Ralph Choeff, located on the coveted, guard-gated Hibiscus Island. Newly completed, this residence impresses with a dramatic 20-ft glass foyer, floating staircase, and wide-plank white oak floors. Natural light fills the open layout, blending indoor and outdoor living. The sleek Mia Cucina kitchen features Wolf & Sub-Zero appliances. Additional highlights include an Apple smart home system, private elevator, gym, and sauna—offering elevated comfort and ease. The expansive primary suite includes dual en suite baths and custom walk-in closets, while the rooftop terrace captures 360 views of the Miami skyline. Priced at the lowest price per square foot on the islands—exceptional value in one of Miami Beach’s most exclusive enclaves.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $112,591
Year Built
- Built in 2019
Lot Details
- 10,387 Sq Ft Lot
- Northeast Facing Home
- Fenced
- Property is zoned 0100
Parking
- 3 Car Attached Garage
- Automatic Garage Door Opener
- Circular Driveway
- Open Parking
Property Views
- Water
- Garden
Home Design
- Flat Tile Roof
- Concrete Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 5,642 Sq Ft Home
- Thermal Windows
- Electric Shutters
- Drapes & Rods
- Blinds
- Sliding Windows
- Entrance Foyer
- Formal Dining Room
- Sauna
- Wood Flooring
Kitchen
- Built-In Self-Cleaning Oven
- Gas Range
- Ice Maker
- Dishwasher
- Wolf Appliances
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- Walk-In Closet
- Two Primary Bathrooms
- Bathtub
- Shower Only in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Outdoor Features
- Heated In Ground Pool
- Balcony
- Patio
- Exterior Lighting
- Outdoor Grill
Schools
- South Pointe Elementary School
- Nautilus Middle School
- Miami Beach High School
Additional Features
- Accessible Elevator Installed
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-32-005-0540
Community Details
Overview
- Property has a Home Owners Association
- Hibiscus Island Subdivision
Recreation
- Tennis Courts
Security
- Security Service
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $112,591 | $5,740,816 | $2,804,490 | $2,936,326 |
| 2024 | $108,698 | $5,771,698 | $2,804,490 | $2,967,208 |
| 2023 | $108,698 | $5,574,627 | $0 | $0 |
| 2022 | $105,051 | $5,412,260 | $1,537,276 | $3,874,984 |
| 2021 | $87,426 | $4,341,499 | $1,038,700 | $3,302,799 |
| 2020 | $88,271 | $4,373,607 | $1,038,700 | $3,334,907 |
| 2019 | $25,540 | $1,132,183 | $1,132,183 | $0 |
| 2018 | $24,651 | $1,124,325 | $1,038,700 | $85,625 |
| 2017 | $27,741 | $1,208,165 | $0 | $0 |
| 2016 | $25,896 | $1,098,332 | $0 | $0 |
| 2015 | $22,525 | $998,484 | $0 | $0 |
| 2014 | $17,308 | $590,830 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | For Sale | $8,695,000 | +15.9% | $1,541 / Sq Ft |
| 03/15/2023 03/15/23 | Sold | $7,500,000 | -11.2% | $1,329 / Sq Ft |
| 02/10/2023 02/10/23 | Pending | -- | -- | -- |
| 12/12/2022 12/12/22 | Price Changed | $8,450,000 | -2.9% | $1,498 / Sq Ft |
| 09/07/2022 09/07/22 | For Sale | $8,700,000 | +45.0% | $1,542 / Sq Ft |
| 01/13/2022 01/13/22 | Sold | $6,000,000 | -13.0% | $1,063 / Sq Ft |
| 12/06/2021 12/06/21 | Pending | -- | -- | -- |
| 09/08/2021 09/08/21 | For Sale | $6,900,000 | +15.0% | $1,223 / Sq Ft |
| 07/08/2021 07/08/21 | Off Market | $6,000,000 | -- | -- |
| 06/07/2021 06/07/21 | For Sale | $6,900,000 | 0.0% | $1,223 / Sq Ft |
| 08/03/2020 08/03/20 | Rented | $25,000 | -16.7% | -- |
| 04/01/2020 04/01/20 | For Rent | $30,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $7,500,000 | -- | |
| Warranty Deed | $6,000,000 | Klauber Goldman Pa | |
| Warranty Deed | $1,100,000 | Attorney | |
| Warranty Deed | $250,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,995,000 | New Conventional |
Source: MIAMI REALTORS® MLS
MLS Number: A11814200
APN: 02-3232-005-0540
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.
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.
- 441 N Hibiscus Dr
- 405 N Hibiscus Dr Unit 110
- 405 N Hibiscus Dr Unit 202
- 375 N Hibiscus Dr
- 297 N Coconut Ln
- 306 S Hibiscus Dr
- 291 Palm Ave
- 116 W 1st Ct
- 271 N Hibiscus Dr
- 288 S Coconut Ln
- 112 W Palm Midway
- 185 Palm Ave
- 198 Palm Ave
- 190 Palm Ave
- 126 W San Marino Dr
- 1386 S Venetian Way
- 1350 S Venetian Way
- 176 S Hibiscus Dr
- 1234 S Venetian Way
- 145 Palm Ave
- 432 S Hibiscus Dr
- 405 N Hibiscus Dr Unit 203
- 405 N Hibiscus Dr Unit 101
- 116 W 1st Ct
- 257 N Coconut Ln
- 287 Palm Ave
- 14 W San Marino Dr
- 259 S Coconut Ln
- 200 N Hibiscus Dr
- 112 E 1st Ct
- 112 E 1st Ct
- 198 Palm Ave
- 176 S Hibiscus Dr
- 114 Venetian Way
- 122 E 2nd Ct
- 50 E Dilido Dr
- 100 E Dilido Dr
- 110 3rd San Marino Terrace
- 1369 N Venetian Way
- 94 S Hibiscus Dr