$577,000 - $925,000
RENTED FEB 3, 2025

405 N Hibiscus Dr Unit 101 Miami Beach, FL 33139

Star, Palm and Hibiscus Islands Neighborhood
1 Bed
2 Baths
740 Sq Ft
$1,035 Price per Sq Ft

Last Sold October 04, 2023

Last sale price $655,000 $885 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,974/month

About This Home

As of October 2023

Unique opportunity to live in a boutique condo on Hibiscus Island. Located between downtown Miami and South Beach, the unit is fully furnished with one bedroom, two bathrooms, impact windows/door, in-unit washer/dryer, dishwasher, and one parking space. Hibiscus Island is a private waterfront community secured 24/7 by the Miami Beach Police. Palm Island Park is near the property and features a playground, basketball court and tennis courts for residents to enjoy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Oct 4, 2023
Sold by
Jonsson Stefan
Bought by
Joya Alejandro P and Joya Maggie
Seller's Agent
Jennifer Kaiser
Kaiser & Associates Realty LLC
Buyer's Agent
Maggie Joya
BHHS EWM Realty
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%
Views
86
Current Estimated Value
$765,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,578
Avg. Annual Appreciation
4.51%
Original Mortgage
$300,000
Outstanding Balance
$296,028
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$405,641

Purchase Details

Closed on
May 11, 2011
Sold by
405 Island Club Llc
Bought by
Jonsson Stefan and Jonsson Elisabeth

Purchase Details

Closed on
Dec 5, 2005
Sold by
Dela O Miguel
Bought by
405 Island Club Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2005
Sold by
Jiggins Marilyn
Bought by
Delao Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 2002
Sold by
Denis L Nazareth I
Bought by
Jiggins Marilyn

Purchase Details

Closed on
Oct 11, 2001
Sold by
Residences Corsica I
Bought by
Nazareth Denis

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Joya Alejandro P $655,000 Esq.Title
Jonsson Stefan $230,000 Attorney
405 Island Club Llc $134,000 --
Delao Miguel $259,000 --
Jiggins Marilyn $215,000 --
Nazareth Denis $175,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joya Alejandro P $300,000
Previous Owner 405 Island Club Llc $201,000
Previous Owner Delao Miguel $207,200
Closed Delao Miguel $25,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Rented $4,500 0.0% --
01/22/2025 01/22/25 Under Contract -- -- --
01/08/2025 01/08/25 For Rent $4,500 0.0% --
10/04/2023 10/04/23 Sold $655,000 +0.8% $885 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $650,000 0.0% $878 / Sq Ft
05/14/2021 05/14/21 Rented $2,100 -4.5% --
05/04/2021 05/04/21 For Rent $2,200 +15.8% --
07/01/2020 07/01/20 Rented $1,900 -13.6% --
12/31/2018 12/31/18 For Rent $2,200 -- --

Tax History Compared to Growth

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 $8,412 $570,420 -- --
2023 $8,412 $415,030 $0 $0
2022 $7,642 $377,300 $0 $0
2021 $6,862 $343,000 $0 $0
2020 $6,879 $343,000 $0 $0
2019 $6,919 $361,000 $0 $0
2018 $6,221 $343,431 $0 $0
2017 $6,001 $277,033 $0 $0
2016 $5,765 $251,849 $0 $0
2015 $5,323 $228,954 $0 $0
2014 $4,391 $208,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Maggie Joya

    BHHS EWM Realty

    (305) 338-3535

    1 in this area

    8 Total Sales

    Maggie Joya
    Section Image
  • Jennifer Kaiser

    Seller's Agent in 2023

    Jennifer Kaiser

    Kaiser & Associates Realty LLC

    (786) 252-4031

    3 in this area

    14 Total Sales

    Jennifer Kaiser
    Section Image

  • S

    Seller's Agent in 2021

    Suszanne Kaiser

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Florida Miami/Dade County Miami Beach 33139 Star, Palm and Hibiscus Islands

405 N Hibiscus Dr Unit 101, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 405 N Hibiscus Dr Unit 101, Miami Beach, FL 33139 and is currently estimated at $765,578, approximately $1,034 per square foot. 405 N Hibiscus Dr Unit 101 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.