111 S Hibiscus Dr

Miami Beach, FL 33139

$4,450,000

$1,280/ft²

4Beds

4.5Baths

3,477Sq ft

1963Year built

Single-family homeType

About this home

Discover an exceptional opportunity on prestigious Hibiscus Island, one of Miami Beach's most exclusive guard-gated communities. Situated on a generous lot, this property presents tremendous potential to renovate, reimagine, or build a custom luxury residence in one of South Florida's most sought-after neighborhoods. The existing home offers a bright, open layout with abundant natural light, multiple skylights, spacious living areas, en-suite bedrooms, and seamless indoor-outdoor connectivity. Lush tropical landscaping, private patios, and a freeform pool create a serene island setting just moments from South Beach, Downtown Miami, world-class dining, shopping, and private aviation access. With numerous newly constructed residences and luxury redevelopment projects achieving record-setting values throughout Hibiscus Island, this property represents a rare opportunity to secure a prime parcel in a neighborhood defined by exceptional long-term value and continued investment. Whether preserving and enhancing the existing residence or creating a new architectural masterpiece, the possibilities are extraordinary.

Property details

Listing

MLS #: A12035428
Status: For sale
Listed on: Jun 18, 2026
Days on market: 52 days
Listing data updated: Jun 28, 2026

Interior

Beds: 4
Baths: 4.5
Living area: 3,477 ft²
Price per ft²: $1,280/ft²

Building & community

Type: Single-family home
Year built: 1963
County: Miami-Dade

Lot & exterior

Lot size: 9,500 ft²

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $22,502
Property taxes (est.): $4,079
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$27,181*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?