$4,450,000
 $23,889 est/mo Sourced by Back At You

111 S Hibiscus Dr,Miami Beach, FL 33139

Miami Beach, FL 33139

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Description

Discover an exceptional opportunity on prestigious Hibiscus Island, one of Miami Beach's most exclusive guard-gated communities. Situated on a generous lot, this property presents tremendous potential to renovate, reimagine, or build a custom luxury residence in one of South Florida's most sought-after neighborhoods. The existing home offers a bright, open layout with abundant natural light, multiple skylights, spacious living areas, en-suite bedrooms, and seamless indoor-outdoor connectivity. Lush tropical landscaping, private patios, and a freeform pool create a serene island setting just moments from South Beach, Downtown Miami, world-class dining, shopping, and private aviation access. With numerous newly constructed residences and luxury redevelopment projects achieving record-setting values throughout Hibiscus Island, this property represents a rare opportunity to secure a prime parcel in a neighborhood defined by exceptional long-term value and continued investment. Whether preserving and enhancing the existing residence or creating a new architectural masterpiece, the possibilities are extraordinary.

Details

MLS #A12035428
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1963
Days On Site74
Listing Provided ByColdwell Banker Realty | Jason Turner

Features

Bed(s)4
Bath(s) 5 Total
SQ Feet3,477
PoolYes
Story(s)1
Zoning0100
Acreage9500.00
Property ViewGarden, Other, Pool

Exterior

Lot FeaturesCorner Lot, Less Than Quarter Acre

Parking

Garage Yes / NoNo
Parking FeaturesDriveway, Paver Block

Taxes

Tax Annual Amount51082

Location

Community FeaturesGated, Tennis Courts

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area32
Community NameHibiscus Island
Listing VS Median (in Hibiscus Island)
Price:
$4,450,000
low | high
Med:
$5,499,000
26.426966292135% of Average
sqft:
3,477
low | high
Med:
2,663
73.4109864826% of Average
$ / sqft:
$1,280
low | high
Med:
$2,065
11.345639580266% of Average
On site:
74
low | high
Med:
112
66.071428571429% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area32
Community NameHibiscus Island
Listing VS Median (in Hibiscus Island)
Price:
$4,450,000
low | high
Med:
$5,499,000
26.426966292135% of Average
sqft:
3,477
low | high
Med:
2,663
73.4109864826% of Average
$ / sqft:
$1,280
low | high
Med:
$2,065
11.345639580266% of Average
On site:
74
low | high
Med:
112
66.071428571429% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.337M - $5.562M
sqft: 2,500 - 4,000
Listing Updated: August 26, 2026 at 9:24:07 AM PDT