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

111 S Hibiscus Drive,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 Ryne Turner

Features

Bed(s)4
Bath(s) 5 Total
SQ Feet3,477
PoolYes
Story(s)1
Zoning0100
Acreage0.22
Property ViewYes

Exterior

Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo
Parking FeaturesDriveway, Paver Block

Taxes

Tax Annual Amount51082

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2420
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

Market Activity 33139

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2420
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 25, 2026 at 12:19:03 AM PDT