How much is 205 N Hibiscus Drive?

205 N Hibiscus Drive is listed at $24,000,000, which is about $5,858 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 205 N Hibiscus Drive?

The listing reports annual property taxes of $239,661 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 205 N Hibiscus Drive built?

205 N Hibiscus Drive was built in 1956 and the listing describes its condition as . 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 has 205 N Hibiscus Drive been on the market?

205 N Hibiscus Drive has been listed for 3 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 205 N Hibiscus Drive waterfront?

Yes. The listing describes the water as none ocean front other. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 205 N 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.

How do I see 205 N Hibiscus Drive?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

205 N Hibiscus Drive, Miami Beach, FL 33139

$24,000,000 · Closed

4 beds
3 baths
4,097 sq ft
Single Family Residence
Built 1956
Lot 20,908.8 sq ft
MLS# A12070726
Hibiscus Island

Photo 1 at 205 N Hibiscus Drive, Miami Beach

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.

Features

Other
Ocean Front
Other
Other

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Agentwise Realty · Listing agent: Olivia Carbe

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 205 N Hibiscus Drive.

Questions About 205 N Hibiscus Drive

How much is 205 N Hibiscus Drive?: 205 N Hibiscus Drive is listed at $24,000,000, which is about $5,858 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 205 N Hibiscus Drive?: The listing reports annual property taxes of $239,661 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 205 N Hibiscus Drive built?: 205 N Hibiscus Drive was built in 1956 and the listing describes its condition as . 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 has 205 N Hibiscus Drive been on the market?: 205 N Hibiscus Drive has been listed for 3 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 205 N Hibiscus Drive waterfront?: Yes. The listing describes the water as none ocean front other. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 205 N 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.
How do I see 205 N Hibiscus Drive?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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Recently Sold Nearby

271 N Hibiscus Drive, Miami Beach, FL 33139 · Sold $19,775,000 · 6 bd · 8 ba · 9,131 sq ft
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The 6 bedroom home at 80 S Hibiscus Drive, Miami Beach, FL 33139 is comparable and listed for sale at $32,500,000. Another comparable home, 271 N Hibiscus Drive, Miami Beach, FL 33139, sold for $19,775,000 in September 2026. Other Miami Beach neighborhoods include South of Fifth and Flamingo Park. 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.