$34,900,000
$3M PRICE DROP

Estimated payment $234,135/month

Total Views 36,312
5 Beds
5.5 Baths
10,754 Sq Ft
$3,245 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
  • Home Theater

About This Home

Welcome to this contemporary marvel on prestigious guard-gated Hibiscus Island, designed by architect Reinaldo Borges & famed landscape artist Raymond Jungles! Perfectly positioned on a 1/2 acre double lot w/122' of prime WF & breathtaking skyline views, this estate truly blurs the line of indoor/outdoor living. Soaring ceilings & a masterfully curated floorplan showcase 5 grand bedrooms, 5.5 baths, & exquisite entertaining spaces throughout. The gourmet kitchen, equipped w/high-end appliances, flows seamlessly into the elegant dining area. The lavish primary suite features dual bathrooms & closets, ensuite office, & private terrace w/sweeping views. Unrivaled amenities include Crestron home system, elevator, sauna, Bowers/Wilkins cinema, rooftop terrace, whole home generator & more!

Listing Agent

Liz Hogan

Compass Florida, LLC. License #3045004

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $472,131

Year Built

  • Built in 2016

Lot Details

  • 0.48 Acre Lot
  • 122 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Southeast Facing Home
  • Property is zoned 0800

Parking

  • 4 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 10,754 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Family Room
  • Combination Dining and Living Room
  • Home Theater
  • Den
  • Workshop
  • Sauna
  • Bay Views

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

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

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator

Listing and Financial Details

  • Assessor Parcel Number 02-32-32-006-0160

Community Details

Overview

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Hibiscus Island Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$472,131

Year Built

Built in 2016

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HIBISCUS ISLAND
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Media Room, Sauna, Utility Room/Laundry, Workshop
  • Spa Yn: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Living Area: 10754
  • Other Equipment: Whole House Permanent Generator, Elevator
  • Window Features: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Media Room, Sauna, Utility Room/Laundry, Workshop
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Bay, Water
  • Exterior Features: Built-In Grill
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: HIBISCUS ISLAND
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Additional Amenities, Gated Community, Security Patrol, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-32-006-0160
  • Lot Size Sq Ft: 21000
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 472131

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 $462,269 $26,016,234 $14,070,000 $11,946,234
2023 $462,269 $23,933,908 $0 $0
2022 $411,744 $21,758,099 $9,555,000 $12,203,099
2021 $324,664 $16,001,874 $0 $0
2020 $338,783 $17,375,948 $7,140,000 $10,235,948
2019 $289,093 $17,481,452 $7,140,000 $10,341,452
2018 $262,997 $17,164,841 $6,720,000 $10,444,841
2017 $235,671 $10,929,497 $0 $0
2016 $106,755 $4,520,589 $0 $0
2015 $101,272 $4,109,627 $0 $0
2014 $85,089 $3,736,025 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Price Changed $34,900,000 -6.9% $3,245 / Sq Ft
11/22/2024 11/22/24 For Sale $37,500,000 +41.5% $3,487 / Sq Ft
07/16/2021 07/16/21 Sold $26,500,000 -5.3% $2,464 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
07/08/2020 07/08/20 For Sale $27,990,000 -- $2,603 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $26,500,000 Worldwide Title & Re Svcs
Warranty Deed $2,500,000 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed $1,400,000 --
Deed $641,300 --
Warranty Deed $435,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,325,000 Credit Line Revolving
Open $15,900,000 New Conventional
Closed $15,900,000 New Conventional
Previous Owner $650,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,100,000 New Conventional
Previous Owner $650,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11695377

MIAMI REALTORS® MLS

APN: 02-3232-006-0160