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House in Miami Beach, FL 33139Hibiscus Island, 205 N Hibiscus Dr
Closed
$22,000,000
$2M4
Beds3
Baths4,097
SqFt$5,370
$/SqFtSold - Sep 23, 2026
Ultra Luxury House
Built in 1956
Ocean,Other View
Waterfront
Detached, One Story
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.
MLS Number: A12070726
On Site: 61 Days
Updated: 25 Days ago
Page Views: 0
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Features
Bedrooms
- Bedrooms: 4
Bathrooms
- Bathrooms: 3
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Other
- View: Ocean,Other
Interior, Heating and Cooling
- Interior Features: FirstFloorEntry, Other
- Equipment / Appliances: Dishwasher, Refrigerator
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile
- Year Built: 1956
- Year Built Description: Effective Year Built
- Style: Detached,OneStory
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
- Elementary School: South Pointe
- Middle School: Nautilus
- Senior High School: Miami Beach
Other Property Info
- Garage: No info
- Listing Date: 2026-08-18T12:59:16.000-00:00
- Directions: North
Taxes, Fees & More
- Taxes: 239661
- Security Information: GatedCommunity
- Parking Description: CircularDriveway
Apples-to-Apples Comparables
Price History
Current
$22M
High
$24M
Low
$22M
Total Change
-8.3%Date
Event
Price
Change
Price Per
09/23/2026
Sold
$22M
0%$5,370 ft2
$57,800 m2
08/13/2026
Price Reduced
$22M
-8.33%$5,370 ft2
$57,800 m2
08/13/2026
Listed
$24M
$5,858 ft2
$63,055 m2
09/23/2026
$22M
Event
Sold
Change
0%Price Per
$5,370 ft2
$57,800 m2
08/13/2026
$22M
Event
Price Reduced
Change
-8.33%Price Per
$5,370 ft2
$57,800 m2
08/13/2026
$24M
Event
Listed
Price Per
$5,858 ft2
$63,055 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Olivia Carbe • Agentwise Realty • Buyer Agency Compensation .
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Community Snapshot
4 – 7 BR
Bedrooms
$5.5M – $49.5M
Price Tier
1,532 - 10,982
SqFt Range
1964
Year Build
147
Total Units
Subdivision Amenities
Guard
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- Lenox On The Beach Condo1
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- Ocean Beach Mixed7
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- Ocean Lakeview Condo1
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- Ocean Towers Co-Op2
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- Oceanside Isle Of Normandy Mixed7
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- The Milfred Condo1
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- The Norma Condo2
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- The Pavilion Condo27
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- The Sterling Condo5
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High-End
High-End85
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- Beach House Multifamily1
- Bel Aire On The Ocean Condo5
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- Central Carillon Beach Condo26
- Club Atlantis Condo18
- Costa Brava Condo4
- D Gems Mixed1
- Del Rio Condo1
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- Golf Course Mixed1
- Holiday Towers Condo1
- Island Club Condo2
- King David Towers Condo2
- La Gorce Palace Condo9
- Laser Condo2
- Le Trianon Condo4
- Lenox Villas Mixed0
- Lincoln Bay Towers Condo3
- Lincoln Terrace Mixed1
- Michigan Place Mixed2
- Nautilus House11
- Nine Island Avenue Condo5
- Nine45 Mixed0
- Normandy Waterway Mixed7
- Ocean 36 South Condo1
- Ocean Spray Hotel Condo0
- Ocean Villas Condo1
- Oceanfront Plaza Condo5
- Orchard House6
- Palm Garden Condo1
- Palm View House5
- Park View Island Townhouse2
- Pine Tree Place Condo1
- Regatta At Indian Creek Condo2
- Riva Mixed0
- Riviera Arms Condo0
- Royal Atlantic Condo7
- Sage On 3rd Condo1
- Sixty 80 Design Hotel Condo4
- South Carillon Beach Condo11
- Southern Star Mixed3
- Spear At Aqua Condo1
- St Tropez Ocean Condo2
- Sunset Harbour North Condo4
- Sunset Harbour South Condo6
- Sunshine Bay Condo5
- Surprise Lake House1
- Ten30 South Beach Condo1
- Terrace Towers Mixed5
- The Ambassadors Condo1
- The Carlyle Deco Hotel Condo1
- The Cosmopolitan Residences On South Beach Condo3
- The Courts At South Beach Condo4
- The Danton Condo0
- The Decoplage Condo38
- The Dorilton Condo1
- The Executive Condo4
- The Floridian Condo14
- The Gramercy Condo0
- The Manhattan Condo1
- The Montclair Condo1
- The Netherland Condo4
- The Nolobi Condo1
- The Palm Residences South Beach Condo0
- The Presidential Condo10
- The Royal Club Condo3
- The Strand On Ocean Drive Condo16
- The Townhomes At Sunset Harbour Townhouse1
- The Vistas Condo2
- The Waverly At South Beach Condo14
- Vendome Place Condo5
- Welworth Condo2
- Yacht Club At Portofino Condo12
- Yuba Condo1
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