BreakThru Realty

205 N Hibiscus Drive, Miami Beach, FL 33139

Sold $22,000,000 · Sep 23, 2026

Last asking price $24,000,000 · 91.7% of asking · 3 days on market

Similar Homes for Sale Nearby

  • 4 beds
  • 3 baths
  • 4,097 sq ft
  • Single Family Residence
  • Built 1956
  • Lot 20,908.8 sq ft
  • Miami-Dade County
  • 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 · liburdi582@aol.com · Listing agent: Olivia Carbe

BeachesMLS logo 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.

Thinking of Selling Nearby?

205 N Hibiscus Drive sold on Sep 23, 2026. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home in Hibiscus Island with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in Miami Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 205 N Hibiscus Drive

What did 205 N Hibiscus Drive sell for?
205 N Hibiscus Drive sold for $22,000,000 on Sep 23, 2026, about 91.7% of its last asking price of $24,000,000 and about $5,370 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 205 N Hibiscus Drive?
The listing reported annual property taxes of $239,661 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 205 N Hibiscus Drive built?
205 N Hibiscus Drive was built in 1956. 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 205 N Hibiscus Drive on the market?
205 N Hibiscus Drive was on the market for 3 days before it sold.
Is 205 N Hibiscus Drive waterfront?
Yes. The listing described the water as none ocean front other.
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.
Is 205 N Hibiscus Drive still for sale?
No. 205 N Hibiscus Drive sold on Sep 23, 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, 34 W Dilido Drive, Miami Beach, FL 33139, sold for $23,500,000 in November 2026. Other Miami Beach neighborhoods include South Beach and Mid-Beach. Nearby ZIP codes include 33109 and 33140. This property also neighbors Fisher Island, Miami, and Brickell. Compare it with the Miami Beach housing market report.