$18,999,000
$1M PRICE DROP

Estimated payment $109,987/month

Total Views 26,066
6 Beds
6.5 Baths
6,211 Sq Ft
$3,059 Price per Sq Ft

Highlights

  • Ocean Front
  • Private Dock
  • Above Ground Pool
  • South Pointe Elementary School Rated A-
  • Boat Lift
  • Gated Community

About This Home

Welcome to luxury waterfront living at 176 S Hibiscus Drive in the heart of Miami Beach! This stunning 6-bed, 6.5-bath residence offers 60 feet of prime waterfront on one of the most prestigious islands in Miami Beach, with breathtaking views of downtown Miami. Equipped with two boat lifts—one holding 40,000 pounds & the other 20,000 pounds—a private dock,& summer kitchen, this home is a boater’s dream. A generator that powers the entire home. Inside, the high-end finishes & smart home technologies are evident. Mia Cucina kitchen is a chef’s delight, complemented by an elegant bar, & wine cellar. Unparalleled convenience, comfort,& security. Located on the prestigious Hibiscus Island, enjoy the best of Miami Beach living—close to world-class shopping, dining, & entertainment.

Listing Agent

Eduardo Bocanegra

Luxe Properties License #3361572

Luxe Properties

Co-Listing Agent

Lourdes Alatriste

Douglas Elliman License #0693485

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,599

Year Built

  • Built in 2002

Lot Details

  • 10,500 Sq Ft Lot
  • 60 Ft Wide Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Fenced
  • Property is zoned 0800

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,211 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Marble Flooring
  • Ocean Views

Kitchen

  • Built-In Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Clear Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Above Ground Pool
  • Property has ocean access
  • Seawall
  • Boat Lift
  • Private Dock
  • Deck
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 02-32-32-006-0850

Community Details

Overview

  • Hibiscus Island Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,599

Year Built

Built in 2002

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: DEOM19
  • Co List Office Phone: 305-695-6060
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Dock Available,Other,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HIBISCUS ISLAND
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Other Equipment/Appliances, Refrigerator, Self Cleaning Oven, Wall Oven, Washer, Water Softener Owned
  • Interior Amenities: First Floor Entry, Cooking Island, Entrance Foyer, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Other
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Marble, Other
  • Living Area: 6211
  • Other Equipment: Automatic Garage Door Opener
  • Window Features: Clear Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Living Room Features: Other

Exterior Features

  • Roof: Barrel Roof
  • View: Ocean
  • Exterior Features: Barbeque, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: HIBISCUS ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Other
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-32-32-006-0850
  • Lot Size Sq Ft: 10500
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 46599

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $48,499 $8,377,114 $7,035,000 $1,342,114
2023 $48,499 $2,452,935 $0 $0
2022 $46,896 $2,381,491 $0 $0
2021 $46,244 $2,312,128 $0 $0
2020 $45,745 $2,280,206 $0 $0
2019 $44,795 $2,228,941 $0 $0
2018 $42,660 $2,187,381 $0 $0
2017 $42,632 $2,142,391 $0 $0
2016 $42,000 $2,098,327 $0 $0
2015 $42,017 $2,083,741 $0 $0
2014 $42,809 $2,067,204 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Price Changed $18,999,000 -5.0% $3,059 / Sq Ft
10/04/2024 10/04/24 For Sale $19,999,900 0.0% $3,220 / Sq Ft
09/06/2023 09/06/23 Rented $55,000 0.0% --
07/19/2023 07/19/23 For Rent $55,000 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,760,000 --
Warranty Deed $775,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,350,000 New Conventional
Closed $2,340,000 Credit Line Revolving
Closed $2,000,000 New Conventional
Closed $500,000 Credit Line Revolving
Closed $1,500,000 Credit Line Revolving
Closed $500,000 Credit Line Revolving
Closed $999,999 Credit Line Revolving
Closed $600,000 New Conventional
Closed $700,000 New Conventional
Previous Owner $100,000 New Conventional
Source: Public Records

Similar Homes in Miami Beach, FL

  • 310 W Dilido Dr, Miami Beach, FL 33139

    $23,500,000

    • 5 Beds
    • 6 Baths
    • 5,506 Sq Ft
    • 310 W Dilido Dr
    • Miami Beach, FL

    Step Inside With Me! Presenting 310 West Dilido a never before lived in, West-facing modern marvel with captivating Downtown Skyline views. The newest home on the Venetian Islands features 5,506 SF of perfectly placed living and sleeping quarters featuring a grand waterfront salon, an impressive media lounge, and 5 spacious suites. The show kitchen is enhanced by warm oak cabinetry and a

    Dina Goldentayer Douglas Elliman

    Section Image
  • 247 E Rivo Alto Dr, Miami Beach, FL 33139

    $21,000,000

    • 6 Beds
    • 6.5 Baths
    • 5,292 Sq Ft
    • 247 E Rivo Alto Dr
    • Miami Beach, FL

    CONTEMPORARY WATERFRONT RETREAT WITH SWEEPING BAY VIEWS + SEXY ROOFTOP TERRACE ON MIAMI BEACH’S MOST DESIRABLE VENETIAN ISLAND! Completed in 2021, Vertical Gardens lead to 6 Bed + 6.5 Bath Home spanning 5,292 SF. 10,500 SF Lot w/60 FT of Waterfrontage. Statuario Marble Infinity-Edge Pool & Spa + Ipe Wood Dock. Italian Kitchen in Metallic & Mirrored Finishes by La Dolce Vita. Gaggenau & Miele

    Dora Puig Luxe Living Realty

    Section Image
  • 327 E Rivo Alto Dr, Miami Beach, FL 33139

    $24,000,000

    • 6 Beds
    • 6.5 Baths
    • 7,447 Sq Ft
    • 327 E Rivo Alto Dr
    • Miami Beach, FL

    This Magnificent waterfront property on E Rivo Alto Dr. on the Venetian Islands, Miami Beach, offers 90 feet of pristine water frontage, providing breathtaking views & direct access to the beautiful waterways of Miami. The home is filled with natural light making it an amazing space for the Art Collector. Enjoy true indoor/outdoor living with an open floor plan that seamlessly connects your

    Morgan Blittner Brown Harris Stevens

    Section Image
  • 401 E Rivo Alto Dr, Miami Beach, FL 33139

    $18,950,000

    • 8 Beds
    • 7.5 Baths
    • 5,804 Sq Ft
    • 401 E Rivo Alto Dr
    • Miami Beach, FL

    Lush tropical landscaping envelops this exquisite contemporary waterfront residence with mesmerizing vistas of Miami Beach from its expansive floor-to-ceiling telescopic sliding glass doors. Featuring 7 bedrooms, 7.5 bathrooms, an elegant Italian kitchen, Miele/SubZero appliances, luxurious Dornbracht bath fixtures, and a cutting-edge Lutron lighting/Savant automated Smart system. Immerse

    Julian Johnston The Corcoran Group

    Section Image
  • 1277 N Venetian Way, Miami Beach, FL 33139

    $16,900,000

    • 5 Beds
    • 7 Baths
    • 5,659 Sq Ft
    • 1277 N Venetian Way
    • Miami Beach, FL

    Elegant tropical contemporary waterfront residence on the wide-open waters of Venetian Islands offering dramatic sunsets and sought-after skyline views! Enter through a soaring double-ceiling foyer to open layout living areas with luxurious finishes, surrounding an expansive and inviting interior courtyard. The five bedroom seven bathroom modern design home perfectly blends the interiors and

    Dan Blakeman Quadra Real Estate + Advisory, LLC

    Section Image
  • 1045 N Venetian Dr, Miami Beach, FL 33139

    $19,995,000

    • 6 Beds
    • 7.5 Baths
    • 6,370 Sq Ft
    • 1045 N Venetian Dr
    • Miami Beach, FL

    Experience luxury living in this extraordinary waterfront mansion in the Venetian Islands. This 6,370 sqft A/C, 9,785 sqft total space architectural gem features 6 bedrooms and 7.5 bathrooms, blending modern style with timeless elegance. Enjoy panoramic bay and skyline views that flood each room with natural light. A custom Italian kitchen offers premium Wolf & Sub-Zero appliances, wine cellar,

    Maurice Boschetti Compass Florida, LLC

    Section Image
  • 1425 W 27th St, Miami Beach, FL 33140

    $24,500,000

    • 5 Beds
    • 6.5 Baths
    • 5,848 Sq Ft
    • 1425 W 27th St
    • Miami Beach, FL

    This stunning Miami Beach estate provides ultimate privacy on gated Sunset Island II. It showcases 5 beds, 6.5 baths and 8,312 Sq. Ft. of total area on a 20,000 SF lot with 100’ of waterfront. A picturesque courtyard with a majestic oak tree, fountain, & summer kitchen sets the stage upon arrival. Features include a private library/office, family & gaming room, & fireplace accented living room.

    Jason Zarco BHHS EWM Realty

    Section Image
  • 528 Lakeview Ct, Miami Beach, FL 33140

    $15,900,000

    • 5 Beds
    • 6.5 Baths
    • 5,406 Sq Ft
    • 528 Lakeview Ct
    • Miami Beach, FL

    Step Inside With Me! This modern mansion is situated on a desirable cul-de-sac in Miami Beach's coveted Lakeview neighborhood. Soaring ceilings, a floating staircase, and waterfront lounges define the social areas. A contemporary chef's kitchen features an impressive aquarium. The primary suite is complete with grand dressing room, sleek bath, and expansive terrace with hot tub + tranquil views

    Dina Goldentayer Douglas Elliman

    Section Image
  • 5785 Pine Tree Dr, Miami Beach, FL 33140

    $22,500,000

    • 8 Beds
    • 8 Baths
    • 10,955 Sq Ft
    • 5785 Pine Tree Dr
    • Miami Beach, FL

    New Neo-Classic, one of a kind, 3 Story waterfront home. Fully Furnished, equipped, and adorned by Argent Design. Open Atrium entry with water features and glass. Stunning Circular glass 30 ft tall center piece staircase with curved hand rail. 15,000sf living area, 8 bdrm/6 full bthrm/2 Half. Large kitchen touch sensor cabinets. Wolf, Gaggenau and Sub-Zero appliances, 2 full pantry’s and Wine

    Albert Justo One Sotheby's International Re

    Section Image

Source: MIAMI REALTORS® MLS

MLS Number: A11670963

MIAMI REALTORS® MLS

APN: 02-3232-006-0850