$24,000,000
205 N Hibiscus Drive, Miami Beach, FL 33139
Miami Beach, FL
Hibiscus Island
Beds
4 Beds
Baths
3 Baths
Living Area
4,097 Sq Ft
Lot
0.48 acres
Built
1956
Days Listed
0
Price Per Sq Ft
$5,858/sqft
Listed
Aug 18, 2026
Garage
0 spaces
Property Type
Single Family Residence
About This Property
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.
Property Snapshot
Property Type
Residential
Sub Type
Single Family Residence
Stories
1
Total Baths
3
Building Area
4,097 sq ft
Lot Size
21,000 sq ft
Lot Profile
1/4 To Less Than 1/2 Acre Lot
Condition
MLS #
A12070726
Waterfront, Boating & Outdoor
Waterfront
Yes
Waterfront
None, Ocean Front, Other
Private Pool
Yes
Pool Features
Other
View
Other, Ocean
Interior & Construction
Primary Bedroom
Other
Rooms
Family Room, Other
Appliances
Dishwasher, Refrigerator
Flooring
Tile
Construction
Concrete Block - No Stucco
Heating
Central
Cooling
Central Air
Parking, HOA & Rules
Garage Spaces
0
Parking Features
Circular Driveway
Community / Access
Gated
Taxes, Utilities & MLS
Annual Taxes
$239,661
Tax Year
2025
Parcel Number
0232320060480
Zoning
0800
County
Miami-Dade
MLS Area
2320
Sewer
Public Sewer
Water Source
Public
Photos
3
Listing courtesy of Agentwise Realty
Listing Agent: Olivia Carbe
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