Property photo 1
Property photo 2
4 Beds
3 Baths
4,097 sqft

$24,000,000

205 N Hibiscus Drive, Miami Beach FL, 33139

Price per sqft$5,857.94
Built in1956
Property size4,097 sqft
Property typeResidential

Overview

Pending

Listed Aug 18, 2026

Updated 11 days ago

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.

$159,673/mo

Est. mortgage payment based on a $24,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A12070726

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.48 Acres

Other Property Details

Taxes
$239,661
Tax Frequency
Annually
View
Yes
Pool
Yes
55+/Senior Community
No

Also listed on RAMB

Listed with Agentwise Realty

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Data last updated 4:09 AM UTC, 9/11/2026

 

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