What did 111 S Hibiscus Drive sell for?

111 S Hibiscus Drive sold for $4,000,000 on Sep 30, 2026, about 89.9% of its last asking price of $4,450,000 and about $1,150 per square foot. Recent sales like this one are what buyers and sellers nearby price against.

What are the property taxes on 111 S Hibiscus Drive?

The listing reported annual property taxes of $51,082 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.

When was 111 S Hibiscus Drive built?

111 S Hibiscus Drive was built in 1963 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long was 111 S Hibiscus Drive on the market?

111 S Hibiscus Drive was on the market for 83 days before it sold.

Which schools serve 111 S Hibiscus Drive?

The MLS lists Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

Is 111 S Hibiscus Drive still for sale?

No. 111 S Hibiscus Drive sold on Sep 30, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

111 S Hibiscus Drive, Miami Beach, FL 33139

Sold $4,000,000 · Sep 30, 2026

Last asking price $4,450,000 · 89.9% of asking · 83 days on market

4 beds
5 baths
3,477 sq ft
Single Family Residence
Built 1963
Lot 9,583.2 sq ft
Miami-Dade County
MLS# A12035428
Hibiscus Island

Photo 1 at 111 S Hibiscus Drive, Miami Beach

About this home

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.

Features

Built-in Features
Kitchen Island
Other
Walk-In Closet(s)
Lighting
Other
In Ground
Other

Schools

Elementary: Miami Beach South Pointe
Middle: Miami Beach Nautilus
High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Douglas Elliman · ingrid.carlos@elliman.com · Listing agent: Barbara Montesanto

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX 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. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

What is your home worth?

111 S Hibiscus Drive sold on Sep 30, 2026. If you own nearby, get a free home valuation or see homes for sale in Miami Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 111 S Hibiscus Drive

What did 111 S Hibiscus Drive sell for?: 111 S Hibiscus Drive sold for $4,000,000 on Sep 30, 2026, about 89.9% of its last asking price of $4,450,000 and about $1,150 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 111 S Hibiscus Drive?: The listing reported annual property taxes of $51,082 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 111 S Hibiscus Drive built?: 111 S Hibiscus Drive was built in 1963 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 111 S Hibiscus Drive on the market?: 111 S Hibiscus Drive was on the market for 83 days before it sold.
Which schools serve 111 S Hibiscus Drive?: The MLS lists Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
Is 111 S Hibiscus Drive still for sale?: No. 111 S Hibiscus Drive sold on Sep 30, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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A comparable home, 2974 Old Alton Road, Miami Beach, FL 33140, sold for $2,700,000 in October 2026. Other Miami Beach neighborhoods include Palm Island and Belle Isle. Nearby ZIP codes include 33109 and 33140. This property also neighbors Miami, Brickell, and Key Biscayne. Compare it with the Miami Beach housing market report.