NEW CONSTRUCTION
$500K PRICE DROP
420 N Hibiscus Dr Miami Beach, FL 33139
Star, Palm and Hibiscus Islands NeighborhoodEstimated payment $55,122/month
Total Views
11,615
5
Beds
6.5
Baths
5,642
Sq Ft
$1,452
Price per Sq Ft
Highlights
- Water Views
- New Construction
- Sitting Area In Primary Bedroom
- South Pointe Elementary School Rated A-
- In Ground Pool
- Wood Flooring
About This Home
Best Value per square foot on Hibiscus Island! Brand New Construction - Modern Masterpiece Designed by Ralph Choeff. Spanning over 5,600 SF, this architectural gem offers 5 bedrooms, 6.5 baths. The half-floor primary suite offers Water Views, complete with HIS/HERS bathrooms. Key features include: 20-foot ceilings glass foyer, A chef's kitchen by Mia Cucina with Wolf & Sub-Zero appliances. Smart home integration with Apple controls, motorized window treatments, and recessed lighting. Private rooftop terrace offering 360° views. 3-car garage with elevator access to all levels. Live the Miami Beach lifestyle with amenities that include a custom gym & resort-inspired outdoor area. This home offers the perfect blend of luxury, convenience, and value in Miami’s most sought-after neighborhood.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $112,591
Year Built
- Built in 2019 | New Construction
Lot Details
- 10,387 Sq Ft Lot
- Northeast Facing Home
- Property is zoned 0100
Parking
- 3 Car Attached Garage
- Attached Carport
- Driveway
- Open Parking
Property Views
- Water
- Garden
Home Design
- Concrete Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 5,642 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Electric Shutters
- Sliding Windows
- Wood Flooring
- High Impact Windows
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom Upstairs
- Walk-In Closet
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Patio
- Exterior Lighting
- Outdoor Grill
Additional Features
- Accessible Elevator Installed
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-32-005-0540
Community Details
Overview
- Property has a Home Owners Association
- Hibiscus Island Subdivision
Recreation
- Tennis Courts
Map
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Home Values in the Area
Average Home Value in this Area
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 | $108,698 | $5,771,698 | $2,804,490 | $2,967,208 |
| 2023 | $108,698 | $5,574,627 | $0 | $0 |
| 2022 | $105,051 | $5,412,260 | $1,537,276 | $3,874,984 |
| 2021 | $87,426 | $4,341,499 | $1,038,700 | $3,302,799 |
| 2020 | $88,271 | $4,373,607 | $1,038,700 | $3,334,907 |
| 2019 | $25,540 | $1,132,183 | $1,132,183 | $0 |
| 2018 | $24,651 | $1,124,325 | $1,038,700 | $85,625 |
| 2017 | $27,741 | $1,208,165 | $0 | $0 |
| 2016 | $25,896 | $1,098,332 | $0 | $0 |
| 2015 | $22,525 | $998,484 | $0 | $0 |
| 2014 | $17,308 | $590,830 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Price Changed | $8,195,000 | -5.8% | $1,452 / Sq Ft |
| 11/17/2024 11/17/24 | For Sale | $8,695,000 | +15.9% | $1,541 / Sq Ft |
| 03/15/2023 03/15/23 | Sold | $7,500,000 | -11.2% | $1,329 / Sq Ft |
| 02/10/2023 02/10/23 | Pending | -- | -- | -- |
| 12/12/2022 12/12/22 | Price Changed | $8,450,000 | -2.9% | $1,498 / Sq Ft |
| 09/07/2022 09/07/22 | For Sale | $8,700,000 | +45.0% | $1,542 / Sq Ft |
| 01/13/2022 01/13/22 | Sold | $6,000,000 | -13.0% | $1,063 / Sq Ft |
| 12/06/2021 12/06/21 | Pending | -- | -- | -- |
| 09/08/2021 09/08/21 | For Sale | $6,900,000 | +15.0% | $1,223 / Sq Ft |
| 07/08/2021 07/08/21 | Off Market | $6,000,000 | -- | -- |
| 06/07/2021 06/07/21 | For Sale | $6,900,000 | 0.0% | $1,223 / Sq Ft |
| 08/03/2020 08/03/20 | Rented | $25,000 | -16.7% | -- |
| 04/01/2020 04/01/20 | For Rent | $30,000 | -- | -- |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $7,500,000 | -- | |
| Warranty Deed | $6,000,000 | Klauber Goldman Pa | |
| Warranty Deed | $1,100,000 | Attorney | |
| Warranty Deed | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,995,000 | New Conventional |
Source: Public Records
Similar Homes in Miami Beach, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11695078
APN: 02-3232-005-0540
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