BreakThru Realty

Hibiscus Island Home Values in Miami Beach

What homes in Hibiscus Island are selling for right now, from the neighborhood's own closings, and a free written valuation of your address.

Reviewed by Tyson E. Sam, Founder and Broker of Record, BreakThru Realty, Florida License 3565210

What a home in Hibiscus Island, Miami Beach is worth today, from the closings and the asking prices in Hibiscus Island itself rather than a Miami Beach-wide average. Guard-gated bayfront homes off the MacArthur Causeway. The figures and recent sales on this page are what a Hibiscus Island valuation is built on.

Hibiscus Island Market at a Glance

Updated September 23, 2026 from BeachesMLS: homes and condos in Hibiscus Island, Miami Beach.

Active listings12
Median list price$16,400,000
Median list price per sq ft$3,343/sq ft
Average days on market164 days
Sold in the last 180 days5
Median sold price (180 days)$12,250,000
Median sold price per sq ft$2,217/sq ft
Average days to sell224 days
Sale price as % of list price86.4%
Months of inventory14.4 months
Median sold price vs. a year ago+23.3%

Source: BeachesMLS via the Spark API, listings whose subdivision or remarks name Hibiscus Island. Sold figures cover closings in the last 180 days, compared with the same 180 days one year earlier. Not an appraisal.

What Homes in Hibiscus Island Are Selling For

5 homes closed in Hibiscus Island in the last 180 days at a median of $12,250,000, or $2,217 per square foot, after 224 days on the market on average, and sellers achieved 86.4% of asking. The median is up 23.3% on the same period a year earlier. With a small number of sales a single large or small home can move a median, which is why a valuation works from the individual closings rather than from this figure.

What Buyers Pay For in Hibiscus Island

Hibiscus Island is a small guard-gated residential island in Biscayne Bay, reached from the MacArthur Causeway between South Beach and downtown Miami. Homes along North and South Hibiscus Drive range from 1930s and 1950s houses to new modern residences by architects such as Kobi Karp and Ralph Choeff, and the Island Club is the island's only condominium building. Waterfront lots look across the bay to the Miami skyline or back to Miami Beach; for any of them, check the seawall, the dock permits, the flood zone and the elevation a rebuild would require. Those are the things a Hibiscus Island buyer compares from one home to the next, and they are what separate a sale at the top of the range from one at the bottom.

Hibiscus Island Against the Miami Beach Average

A Miami Beach-wide figure blends every neighborhood, every property type and every condition. Hibiscus Island has its own buyers and its own price range, so a home here is valued against Hibiscus Island closings first and against the nearest comparable streets only when there are too few. There are 12 homes for sale in Hibiscus Island today at a median asking price of $16,400,000, about 14.4 months of supply: that is the competition a new listing is priced against.

How to Get Your Hibiscus Island Home Value

Enter your address on this page. A BreakThru Realty broker pulls the Hibiscus Island closings that match your home, adjusts them for size, condition, lot and view, and calls you within one business day with a written value range and the sales behind it. It is free and carries no obligation, and it extends into a full comparative market analysis and a net proceeds estimate if you are thinking of listing.

Recently Sold in Hibiscus Island

The newest closings in Hibiscus Island, with the sale price, closing date and days on market for each.

Hibiscus Island recent sales

What Is Your Hibiscus Island Home Worth?

Request a free valuation built on recent Miami Beach sales, or a full comparative market analysis before you list. No fee, no obligation, and a licensed broker answers within one business day.

Hibiscus Island Home Values: Frequently Asked Questions

How much is my house worth in Hibiscus Island?
Homes in Hibiscus Island closed at a median of $12,250,000 in the last 180 days ($2,217 per square foot), but your value comes from the individual Hibiscus Island closings that match your home's size, lot, condition and view. Enter your address on this page and a broker sends you a written range with the sales behind it, free.
What is the price per square foot in Hibiscus Island?
The median sold price per square foot in Hibiscus Island over the last 180 days is $2,217, against $3,343 for the homes currently listed. Price per square foot falls as homes get larger and rises sharply with water, view and renovation, so use it to compare similar homes, not to price one.
How fast do homes sell in Hibiscus Island?
Homes that closed in Hibiscus Island in the last 180 days took 224 days on average to go under contract, and there are about 14.4 months of supply on the market. Correctly priced homes sell faster than the average, because the average includes every listing that needed a price reduction first.
Where can I see what sold recently in Hibiscus Island?
The newest Hibiscus Island closings are on this page with the sale price and days on market for each, and the full six months are on the Hibiscus Island recent sales page linked below. They come straight from BeachesMLS and update daily.

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