Back 111 S Hibiscus Dr
Off Market

111 S Hibiscus Dr

Miami Beach FL 33139

4
5
3477 sq. ft.
0.22 ac.
Single-Family
Last sold for $4,000,000
Barbara MontesantoBarbara Montesanto, last sold this property on 30 September 2026 after 103 days on market.

Overview

Discover an exceptional opportunity on prestigious Hibiscus Island, one of Miami Beach's most exclusive guard-gated communities. Situated on a generous lot, this property presents tremendous potential to renovate, reimagine, or build a custom luxury residence in one of South Florida's most sought-after neighborhoods. The existing home offers a bright, open layout with abundant natural light, multiple skylights, spacious living areas, en-suite bedrooms, and seamless indoor-outdoor connectivity. Lush tropical landscaping, private patios, and a freeform pool create a serene island setting just moments from South Beach, Downtown Miami, world-class dining, shopping, and private aviation access. With numerous newly constructed residences and luxury redevelopment projects achieving record-setting values throughout Hibiscus Island, this property represents a rare opportunity to secure a prime parcel in a neighborhood defined by exceptional long-term value and continued investment. Whether preserving and enhancing the existing residence or creating a new architectural masterpiece, the possibilities are extraordinary.

Features

4 bedrooms
5 bathrooms
3477 sq. ft. floor area
0.22 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Miami Beach over the last 12 months, the estimated median property value of 111 S Hibiscus Dr is $5.33m.

Median value
$5.33m
Estimated value range
$1.56m - $23.5m
Median days on market
145
Estimated value trend
45%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Miami Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 111 S Hibiscus Dr

2026
Sold
$4,000,000
30 Sep 2026 by Barbara Montesanto, of DOUGLAS ELLIMAN
2024
Rented
Undisclosed
04 Dec 2024 by COLDWELL BANKER REALTY
2019
Rented
Undisclosed
20 Dec 2019 by OPTIMAR INTERNATIONAL REALTY

Happy sellers in Miami Beach

90%
90% of sellers in Miami Beach reported that their sale price either exceeded or met their price expectations.

Miami Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Miami Beach over the last 12 months.

Local market activity for 4 bedroom single-family properties in Miami Beach

In the last 12 months, 23 four-bedroom single-family properties similar to 111 S Hibiscus Dr, have been sold.

This represents a 187% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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