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MLS ID: A12070726
List Price: $ 24 000 000
Sold Price: $ 22 000 000 (-8%)
Status: Closed
List date: 08/18/2026
Closing Dt: 09/23/2026
Days on Market: 36
Sell $ 5 650 per SqFt
205 N Hibiscus Dr, Miami Beach
#MLS: A12070726
$ 24 000 000
Listing date08/18/2026
CityMiami Beach, FL 33139
Address205 N Hibiscus Dr
Area3894 sqft
Tax/year$ 239 661
Built year1956
Bedrooms4
Bathrooms3
Waterfronttak

A RARE HIBISCUS ISLAND DEVELOPMENT OPPORTUNITY. An extraordinary chance to create a landmark custom estate on one of Miami Beachs 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 Miamis 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 homesiteit is an opportunity to create the next iconic Miami Beach estate.

Bring your architect. Bring your vision. Build something unforgettable.

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