$12,250,000
Miami Beach, FL 33139
MLS# A11836923
Status: Closed
6 beds | 5 baths | 5645 sqft
1 / 52
Property Description
A rare opportunity to own a waterfront estate priced under $2,500 per square foot, offering compelling value relative to neighboring properties on Hibiscus, Palm, and the Venetian Islands. Located on coveted Hibiscus Island, this residence sits on 60 feet of prime waterfront with a private dock, this 6-bedroom, 5-bath residence spans 5,645 square feet on a 10,500 lot and is designed for both grand entertaining and everyday living. Features include a 2-car garage, elevator, soaring ceilings, chef’s kitchen, outdoor summer kitchen, and an expansive primary suite with two private balconies. Enjoy sweeping views of Star Island, the Miami skyline, and passing cruise ships.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2025-07-09
Status: Closed
Original List Price: 14000000
Sold Price: $12,250,000
Current Price: $12,250,000
Occupant Type: Call Listing Agent
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 66
Street Direction Prefix: S
Street Name: Hibiscus
Street Suffix: Drive
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 5128
Postal Zip: 33139
Subdivision Name: HIBISCUS ISLAND
Area: 2420
Elementary School: Miami Beach South Pointe
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0232320060710
Subdivision Number: 6
Zoning: 0800
Flood Zone: AE
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 6
Bathrooms Total: 5
Bathrooms Full: 5
Building Area Main: 5645
Living Area Main: 5645
Adjusted Area Main: 5524
Year Built: 2005
Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Lot Size Area: 10500
Lot Size Acres: 0.24
Senior Community YN: No
Waterfront YN: 1
Water Frontage Feet: 60
Outdoor Living Spaces YN: Yes
Stories Total: 2
Direction Faces: South
Pool Private YN: Yes
Financial Information
Association YN: 1
Association Membership: Voluntary
Membership Fee Required YN: No
Tax Annual Amount: 175271
Tax Year: 2024
Tax Legal Description: 32 53 42-4 54 42 HIBISCUS ISLAND PB 8-75 LOT 12 BLK 3 LOT SIZE 60.000 X 175 OR 21250-4181-4182 0503 1
Status Change Information
Major Change Timestamp: 2026-04-02T04:00:00Z
Major Change Type: Status Change
Status Change Date: 2026-04-03
Under Contract Date: 2026-02-28
Close Date: 2026-04-02
Close Price: 12250000
Buyer Financing: Cash
Entry Information
Entry Level: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Boat and Dock Information
Dock: Yes
Buyer Details
Country of Origin: United States
Intended Use: Primary Residence
Buyer State: Florida
Zip Code: 33139
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 160000
Price Calculations
Current Price To SqFt: 2170.06
Section Details
Parcel Number MLX: 0710
Originating Details
Originating System Key: 417698157
Originating System ID: M00000151
Property Features
Association Amenities: Gated
Dining Area: Breakfast Area; Formal Dining
Exterior Features: Awning(s); Built-in Barbecue
Flooring: Marble; Wood
Leasing Permitted Details: Okay To Lease
Parking Features: Driveway; Garage Door Opener
Property Condition: Resale
Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Oven; Refrigerator; Washer
Architectural Style: Mediterranean
Boat and Dock Features: Hoist/Davit; Private Dock
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Interior Features: Bar; Built-in Features; Closet Cabinetry; Elevator; Pantry; Walk-In Closet(s)
Levels: Two
Listing Terms: Cash; Conventional
Pool Features: In Ground
Possession: Close Of Escrow
Roof: Barrel
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: City/County
View: Water
Water Access: Ocean Access
Water Source: Public
Water View: Bay
Waterfront Features: Bayfront; No Fixed Bridges
Window Features: Arched; Blinds
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Outdoor Living Spaces: Porch
Porch Details: Porch - Open
Contingencies: None
Room Types: Family Room
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Room Information
| Room Name |
| Family Room |
Listing Office: Douglas Elliman
Last Updated: June - 08 - 2026
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