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Pinnacle Real Estate Group – FL

225 N Hibiscus Drive, Miami Beach, FL 33139 (MLS# A10788035)

225 N Hibiscus Drive, Miami Beach, FL 33139

$9,300,000
Property Type: Residential Bedrooms: 8 Baths: 5 Square Footage: 7,942 Status: Closed
Current Price: $9,300,000 List Date: 12/16/2019 Last Modified: 8/08/2026

Overview

Description

Rare Opportunity to build your mansion with your mega yacht on over a half acre (26,250 sq ft) of unrestricted no fixed bridges ocean access on 150 linear feet of direct waterfront on Hibiscus Island, or possibly split the lots and build two homes. This police gated island has undergone major improvements with new streets, sewers, bike paths. Site has a private gate. No houses across the street for extra privacy. The existing structure on the lot is 7050 sq ft living area and most likely teardown. “Compare Your Construction of a new home to 72 Palm Ave that was built 2017 with 14,200 sq ft that sold in 2019 for $24,570,000 “

Listing Details MLS# A10788035

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
8
Bathrooms Total
5
Bathrooms Full
5
Building Area Main
7942
Living Area Main
7050
Adjusted Area Main
6908
Year Built
1934
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
3
Covered Spaces
3
Lot Size Area
26250
Lot Size Acres
0.6
Lot Size Dimensions
26250
Senior Community YN
No
Waterfront YN
Yes
Water Frontage Feet
150
Stories Total
2
Direction Faces
South
Pool Private YN
No
Furnished
Unfurnished

Property Features

Association Amenities: Gated Exterior Features: Other Flooring: Tile; Wood Parking Features: Covered; Garage Door Opener; Attached; Attached Garage; Garage Property Condition: Resale Architectural Style: Ranch Construction Materials: Block; CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central Levels: Two Listing Terms: Cash; Conventional Lot Features: Fruit Tree(s); Room for Pool Possession: Negotiable Restrictions: No Restrictions Roof: Barrel Sewer: Public Sewer Special Information: Sold As-Is View: Water Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Bay Waterfront Features: Bayfront; Seawall Showing Requirements: Showing Service Contingencies: Inspection Room Types: Other Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
10750000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
225
Street Direction Prefix
N
Street Name
Hibiscus
Street Suffix
Drive
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
5121
Postal Zip
33139
Subdivision Name
HIBISCUS ISLAND
Area
2320
Elementary School
Miami Beach South Pointe
Middle Or Junior School
Miami Beach Nautilus
High School
Miami Beach
Special Assessment YN
No
Parcel Number
0232320060471
Subdivision Number
6
Zoning
0800
Flood Zone
AE

Financial Information

Association YN
Yes
Association Fee Frequency
Monthly
Membership Fee Required YN
No
Tax Annual Amount
30875
Tax Year
2018
Tax Legal Description
HIBISCUS ISLAND PB 8-75 E1/2 LOT 30 & 20FT STR ADJ SAME ON SEAWARD SD & LOT A & 20FT STR ADJ SAME SEAWARD SD BLK 2 LOT SIZE 150 X 175 OR 112

Status Change Information

Major Change Timestamp
2020-03-31T19:45:52Z
Major Change Type
Status Change
Price Change Timestamp
2020-02-22T01:11:10Z
Status Change Date
2020-03-31
Under Contract Date
2020-02-25
Close Date
2020-03-31
Close Price
9300000
Buyer Financing
Seller Financing

More Information

Entry Information

Entry Level
Yes

Short Sale Details

Short Sale Addendum
No

Buyer Details

Country of Origin
United States
Intended Use
Investment
Buyer State
Florida
Zip Code
33139

Concessions

Seller Concessions
Yes
Seller Concessions Amount
100000

Price Calculations

Current Price To SqFt
1319.15

Section Details

Parcel Number MLX
0471

Originating Details

Originating System Key
340564407
Originating System ID
M00000151

Room Information

Room Name
Other
IDX
Listing Office: Keller Williams Dedicated Professionals
Source MLS Verified
Last Updated: August - 08 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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