‹›205 N Hibiscus Dr
205 N Hibiscus Dr
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205 N Hibiscus Dr Sold

$22,000,000
205 N Hibiscus Dr · Star, Palm & Hibiscus Islands · Miami Beach
205 N Hibiscus Dr Sold
$22,000,000
Star, Palm & Hibiscus Islands · Miami Beach
MLS A12070726
205 N Hibiscus Dr, 205 N Hibiscus Dr, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 1 of 3205 N Hibiscus Dr, 205 N Hibiscus Dr, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 2 of 3205 N Hibiscus Dr, 205 N Hibiscus Dr, Star, Palm & Hibiscus Islands, Miami Beach FL 33139, photo 3 of 3
$22,000,000Sold Price
$5,370Per SqFt
4/3Beds/BathsBd/Ba
4,097SqFt · 380.6 m²
MLS A12070726 · 79 days on Zilbert · Listed Aug 18, 2026 · 205 N Hibiscus Dr, Star, Palm & Hibiscus Islands, Miami Beach FL 33139
This property is also available to rent. See the rental listing

Property Details

Sold Price$22,000,000
Last Asking Price$24,000,000
Price per SqFt$5,370
Property Taxes$239,661 2025
Interior Space4,097 SqFt
Beds/Baths4/3
Year Built1956
Garage0 spaces
PoolYes
Lot Size21,000 SqFt
Closed Date9/23/2026
MLS #A12070726

Location

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From the listing

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.

Listed by Agentwise Realty

What It Costs to Own

Monthly, before a mortgage and insurance

Property taxes$19,972
Per month$19,972

Taxes $239,661 for 2025. MLS figures, which may not be accurate.

Sales History for This Home · 205 N Hibiscus Dr

Sales history is unavailable for this property

Mark Zilbert, Global Real Estate Advisor
Mark Zilbert
Global Real Estate Advisor · ONE Sotheby's International Realty · I track every sale in this neighborhood. Ask me about this home or the neighborhood.

Listed by Agentwise Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.

The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.

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