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$24,000,000
205 N Hibiscus Drive
Miami Beach, FL 33139
MLS# A12070726
Status: Pending
4 beds  |  3 baths  |  4097 sqft


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Property Description
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.

Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Vacant
Listing Date: 2026-08-18
Status: Pending
Original List Price: 24000000
List Price: $24,000,000
Current Price: $24,000,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Zip: 33139
Subdivision Number: 6
Flood Zone: AE
Country: United States
Street Number: 205
Street Direction Prefix: N
Street Name: Hibiscus
Street Suffix: Drive
State Or Province: FL
Postal Code: 33139
Postal Code +4: 5121
Subdivision Name: HIBISCUS ISLAND
Area: 2320
Elementary School: Miami Beach South Pointe
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0232320060480
Zoning: 0800
General Property Information
Adjusted Area Main: 3894
Living Area Main: 4097
Lot Size Area: 21000
Water Frontage Feet: 120
Senior Community YN: No
Stories Total: 1
Pool Private YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 4097
Year Built: 1956
Lot Size Acres: 0.48
Waterfront YN: 1
Direction Faces: North
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Membership Fee Required YN: No
Tax Annual Amount: 239661
Tax Year: 2025
Tax Legal Description: HIBISCUS ISLAND PB 8-75 LOT 31 & ALL LOT 32 LESS E40FT BLK 2 LOT SIZE 120.000 X 175 OR 13811-386 0788 1 COC 24708-4581 0606 1 25072-1842
Office/Member Information
DXORIGMLSID: SEF
Association Amenities
Gated: 1
Entry Information
Entry Level: 1
Exterior Features
Other: 1
Flooring
Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Parking Features
Circular Driveway: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
View
Other: 1
Heating
Central: 1
Water Access
None: 1
Water View
Ocean: 1
Appliances
Dishwasher: 1
Refrigerator: 1
Construction Materials
Concrete Block - No Stucco: 1
Levels
One: 1
Listing Terms
Cash: 1
Pool Features
Other: 1
Roof
Other: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Other: 1
Cooling
Central Air: 1
Showing Requirements
Appointment Only: 1
Master Bedroom/Bath
Other: 1
Pool Size Details
Pool Size (WxL): 36
Tax Information
City/County: 1
Contingencies
Other: 1
Room Types
Family Room: 1
Other: 1
Price Calculations
Current Price To SqFt: 5857.94
Section Details
Parcel Number MLX: 0480
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-08-21T19:26:57Z
Major Change Type: Status Change
Status Change Date: 2026-08-21
Under Contract Date: 2026-08-21
Originating Details
Originating System Key: 549471504
Originating System ID: M00000151
Property Features
Association Amenities: Gated
Exterior Features: Other
Flooring: Tile
Leasing Permitted Details: Okay To Lease
Parking Features: Circular Driveway
Appliances: Dishwasher; Refrigerator
Construction Materials: Concrete Block - No Stucco
Cooling: Central Air
Heating: Central
Levels: One
Listing Terms: Cash
Pool Features: Other
Possession: Close Of Escrow
Roof: Other
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: City/County
View: Other
Water Access: None
Water Source: Public
Water View: Ocean
Waterfront Features: Ocean Front; Other
Showing Requirements: Appointment Only
Contingencies: Other
Room Types: Family Room; Other
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Room Information
Room Name
Family Room
Other

IDX
Listing Office: Agentwise Realty

Last Updated: September - 09 - 2026

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