$24,950,000
$10M PRICE DROP

Estimated payment $158,988/month

Total Views 24,438
6 Beds
7.5 Baths
9,131 Sq Ft
$2,732 Price per Sq Ft

Highlights

  • Property has ocean access
  • Private Dock
  • Property Fronts a Bay or Harbor
  • South Pointe Elementary School Rated A-
  • Boat Lift
  • In Ground Pool

About This Home

Discover this spectacular contemporary masterpiece on the exclusive guard-gated Hibiscus Island, just minutes from South Beach and Downtown Miami. Offered fully furnished, this gated waterfront home boasts professional decor and meticulous finishes throughout. Step inside to find dramatic double-volume ceilings and expansive floor-to-ceiling glass, offering breathtaking panoramic water views. The open, light-filled spaces are designed for modern living, featuring advanced surround sound and custom lighting systems. With an 80-foot dockage for your boat, you can easily access the beautiful waters of Miami. Enjoy a stunning wine cellar, an elevator for convenience, and a rooftop terrace perfect for entertaining.

Listing Agent

Alina De la Vega

One Sotheby's International Realty License #3221613

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $239,974

Year Built

  • Built in 2007

Lot Details

  • 0.32 Acre Lot
  • 80 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Property is zoned 0800

Parking

  • 3 Car Attached Garage
  • Driveway
  • Paver Block
  • On-Street Parking
  • Open Parking

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,131 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Bay Views
  • Impact Glass

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Private Dock
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-32-006-0440

Community Details

Overview

  • No Home Owners Association
  • Hibiscus Island Subdivision

Recreation

  • Tennis Courts

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$239,974

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Dock Available,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, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Bar, Cooking Island, Elevator, Volume Ceilings, Walk-In Closet(s), Family Room
  • Spa Yn: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 9131
  • Other Equipment: Elevator
  • Window Features: Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Bay, Water
  • Exterior Features: Barbeque
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: HIBISCUS ISLAND
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Tennis Court(s), Gated Community, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-32-006-0440
  • Lot Size Sq Ft: 14000
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 239974

Map

Range of Values:

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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 $239,974 $13,322,061 -- --
2023 $239,974 $12,110,965 $0 $0
2022 $210,694 $11,009,969 $0 $0
2021 $195,647 $10,009,063 $5,180,000 $4,829,063
2020 $189,049 $9,641,615 $4,760,000 $4,881,615
2019 $190,250 $9,694,167 $4,760,000 $4,934,167
2018 $180,315 $9,466,719 $4,480,000 $4,986,719
2017 $197,974 $10,200,693 $0 $0
2016 $182,158 $9,273,358 $0 $0
2015 $174,459 $8,507,023 $0 $0
2014 $158,752 $7,733,658 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Price Changed $24,950,000 -16.7% $2,732 / Sq Ft
02/11/2025 02/11/25 Price Changed $29,950,000 -14.3% $3,280 / Sq Ft
11/29/2024 11/29/24 For Sale $34,950,000 -- $3,828 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $9,000,000 Attorney
Warranty Deed $1,700,000 Expert Title Company
Special Warranty Deed $1,650,000 --
Warranty Deed $1,525,000 --
Warranty Deed $1,000,000 --
Deed $1,425,000 --
Deed $1,508,600 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,034,195 New Conventional
Closed $6,750,000 New Conventional
Previous Owner $8,100,000 Unknown
Previous Owner $750,000 Unknown
Previous Owner $850,000 Unknown
Previous Owner $100,000 No Value Available
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11685221

MIAMI REALTORS® MLS

APN: 02-3232-006-0440