Back 205 North Hibiscus Drive
Off Market

205 North Hibiscus Drive

Miami Beach FL 33139

4
3
4097 sq. ft.
0.48 ac.
Single-Family
Last sold for $22,000,000
Olivia CarbeOlivia Carbe, last sold this property on 23 September 2026 after 35 days on market.

Overview

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.

Features

4 bedrooms
3 bathrooms
4097 sq. ft. floor area
0.48 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 205 North Hibiscus Drive is $5.2m.

Median value
$5.2m
Estimated value range
$1.56m - $22.75m
Median days on market
145
Estimated value trend
41%
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 205 North Hibiscus Drive

2026
Sold
$22,000,000
23 Sep 2026 by Olivia Carbe, of AGENTWISE REALTY
2024
Sold
$14,750,000
13 May 2024 by Mirce Curkoski, of One Sotheby's International Realty
2023
Rented
Undisclosed
01 Sep 2023 by One Sotheby's 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, 20 four-bedroom single-family properties similar to 205 North Hibiscus Drive, have been sold.

This represents a 150% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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