$9,300,000
Miami Beach, FL 33139
MLS# A10788035
Status: Closed
8 beds | 5 baths | 7942 sqft
1 / 12
Property Description
Rare Opportunity to build your mansion with your mega yacht on over a half acre (26,250 sq ft) of unrestricted no fixed bridges ocean access on 150 linear feet of direct waterfront on Hibiscus Island, or possibly split the lots and build two homes. This police gated island has undergone major improvements with new streets, sewers, bike paths. Site has a private gate. No houses across the street for extra privacy. The existing structure on the lot is 7050 sq ft living area and most likely teardown. “Compare Your Construction of a new home to 72 Palm Ave that was built 2017 with 14,200 sq ft that sold in 2019 for $24,570,000 “
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Occupant Type: Call Listing Agent
Listing Date: 2019-12-16
Status: Closed
Original List Price: 10750000
Sold Price: $9,300,000
Current Price: $9,300,000
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
Special Assessment YN: No
Flood Zone: AE
Country: United States
Street Number: 225
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: 0232320060471
Zoning: 0800
General Property Information
Adjusted Area Main: 6908
Living Area Main: 7050
Lot Size Dimensions: 26250
Lot Size Area: 26250
Water Frontage Feet: 150
Senior Community YN: No
Furnished: Unfurnished
Stories Total: 2
Pool Private YN: No
Property Sub Type: Single Family Residence
Bedrooms Total: 8
Bathrooms Total: 5
Bathrooms Full: 5
Building Area Main: 7942
Year Built: 1934
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 3
Covered Spaces: 3
Lot Size Acres: 0.6
Waterfront YN: 1
Direction Faces: South
Financial Information
Membership Fee Required YN: No
Association YN: 1
Association Fee Frequency: Monthly
Tax Annual Amount: 30875
Tax Year: 2018
Tax Legal Description: HIBISCUS ISLAND PB 8-75 E1/2 LOT 30 & 20FT STR ADJ SAME ON SEAWARD SD & LOT A & 20FT STR ADJ SAME SEAWARD SD BLK 2 LOT SIZE 150 X 175 OR 112
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Seller Financing
Major Change Timestamp: 2020-03-31T19:45:52Z
Major Change Type: Status Change
Price Change Timestamp: 2020-02-22T01:11:10Z
Status Change Date: 2020-03-31
Under Contract Date: 2020-02-25
Close Date: 2020-03-31
Close Price: 9300000
Association Amenities
Gated: 1
Entry Information
Entry Level: 1
Exterior Features
Other: 1
Flooring
Tile: 1
Wood: 1
Parking Features
Covered: 1
Garage Door Opener: 1
Attached: 1
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
View
Water: 1
Heating
Central: 1
Water Access
No Fixed Bridge: 1
Ocean Access: 1
Water View
Bay: 1
Construction Materials
Block: 1
CBS: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Fruit Tree(s): 1
Room for Pool: 1
Roof
Barrel: 1
Water Source
Public: 1
Waterfront Features
Bayfront: 1
Seawall: 1
Architectural Style
Ranch: 1
Cooling
Central Air: 1
Association Type
Homeowner Association: 1
Showing Requirements
Showing Service: 1
Master Bedroom/Bath
Other: 1
Restrictions
No Restrictions: 1
Contingencies
Inspection: 1
Room Types
Other: 1
Buyer Details
Country of Origin: United States
Intended Use: Investment
Buyer State: Florida
Zip Code: 33139
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 100000
Price Calculations
Current Price To SqFt: 1319.15
Section Details
Parcel Number MLX: 0471
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Originating Details
Originating System Key: 340564407
Originating System ID: M00000151
Property Features
Association Amenities: Gated
Exterior Features: Other
Flooring: Tile; Wood
Parking Features: Covered; Garage Door Opener; Attached; Attached Garage; Garage
Property Condition: Resale
Architectural Style: Ranch
Construction Materials: Block; CBS
Cooling: Central Air
Association Type: Homeowner Association
Heating: Central
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Fruit Tree(s); Room for Pool
Possession: Negotiable
Restrictions: No Restrictions
Roof: Barrel
Sewer: Public Sewer
Special Information: Sold As-Is
View: Water
Water Access: No Fixed Bridge; Ocean Access
Water Source: Public
Water View: Bay
Waterfront Features: Bayfront; Seawall
Showing Requirements: Showing Service
Contingencies: Inspection
Room Types: Other
Acreage Description: 1/2 To Less Than 1 Acre Lot
Room Information
| Room Name |
| Other |
Single Agent Notice/Property Access Waiv 
Listing Office: Keller Williams Dedicated Professionals
Last Updated: August - 08 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
