432 S Hibiscus Dr Miami Beach, FL 33139
Star, Palm and Hibiscus Islands NeighborhoodEstimated payment $183,587/month
Total Views
48,872
0.42
Acre
$70,771,408
Price per Acre
18,465
Sq Ft Lot
Highlights
- Property has ocean access
- Private Dock
- Gated Community
- South Pointe Elementary School Rated A-
- Boat Lift
- Waterfront
About This Lot
This one-of-a-kind Mediterranean estate is located on one of the most sought after plots on Hibiscus Island. The residence offers stunning panoramic views of ocean sunsets and the Miami skyline. The custom estate comes with everything expected from a luxury home such as superior construction, open spaces, top of the line finishes and spectacular views. The private dock w/ boat lift shares more than 125 feet of water frontage. The island is Police guarded and offers a basketball court, tennis court and children's playground.
Property Details
Property Type
- Land
Est. Annual Taxes
- $193,738
Year Built
- 2001
Lot Details
- 0.42 Acre Lot
- 125 Ft Wide Lot
- Waterfront
- East Facing Home
- Landscaped with Trees
- Property is zoned 0800
Listing and Financial Details
- Assessor Parcel Number 02-32-32-006-0230
Community Details
Overview
- No Home Owners Association
- Hibiscus Island Condos
- Hibiscus Island Subdivision
Security
- Gated Community
Recreation
- Property has ocean access
- Boat Lift
- Private Dock
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 | $386,305 | $19,086,230 | $16,616,700 | $2,469,530 |
| 2023 | $386,305 | $19,399,724 | $0 | $0 |
| 2022 | $335,503 | $17,636,113 | $12,462,525 | $5,173,588 |
| 2021 | $193,737 | $9,394,374 | $0 | $0 |
| 2020 | $168,938 | $8,540,340 | $6,831,310 | $1,709,030 |
| 2019 | $158,769 | $8,007,286 | $6,277,420 | $1,729,866 |
| 2018 | $147,528 | $7,658,859 | $5,908,160 | $1,750,699 |
| 2017 | $159,869 | $7,569,084 | $0 | $0 |
| 2016 | $143,573 | $6,880,986 | $0 | $0 |
| 2015 | $136,246 | $6,255,442 | $0 | $0 |
| 2014 | $118,374 | $5,686,766 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Price Changed | $80,000 | -5.9% | $13 / Sq Ft |
| 03/07/2025 03/07/25 | Price Changed | $85,000 | -15.0% | $14 / Sq Ft |
| 02/21/2025 02/21/25 | For Rent | $100,000 | +5.3% | -- |
| 10/24/2024 10/24/24 | Rented | $95,000 | 0.0% | -- |
| 05/06/2024 05/06/24 | Price Changed | $95,000 | 0.0% | $16 / Sq Ft |
| 04/27/2024 04/27/24 | Price Changed | $30,000,000 | +7.1% | -- |
| 10/31/2023 10/31/23 | Price Changed | $28,000,000 | 0.0% | -- |
| 10/31/2023 10/31/23 | For Sale | $28,000,000 | -6.7% | -- |
| 10/06/2023 10/06/23 | Off Market | $30,000,000 | -- | -- |
| 08/31/2023 08/31/23 | Price Changed | $110,000 | +46.7% | $18 / Sq Ft |
| 05/18/2023 05/18/23 | Price Changed | $75,000 | -6.3% | $12 / Sq Ft |
| 05/03/2023 05/03/23 | Price Changed | $80,000 | -20.0% | $13 / Sq Ft |
| 04/05/2023 04/05/23 | For Rent | $100,000 | 0.0% | -- |
| 12/15/2022 12/15/22 | For Sale | $30,000,000 | 0.0% | -- |
| 12/13/2022 12/13/22 | Off Market | $30,000,000 | -- | -- |
| 10/31/2022 10/31/22 | For Sale | $33,000,000 | 0.0% | -- |
| 09/13/2022 09/13/22 | Rented | $110,000 | +15.8% | -- |
| 06/14/2022 06/14/22 | Price Changed | $95,000 | -5.0% | $16 / Sq Ft |
| 04/23/2022 04/23/22 | Price Changed | $100,000 | +11.1% | $16 / Sq Ft |
| 04/16/2022 04/16/22 | Price Changed | $90,000 | 0.0% | $15 / Sq Ft |
| 04/12/2022 04/12/22 | Off Market | $33,000,000 | -- | -- |
| 03/24/2022 03/24/22 | Price Changed | $100,000 | 0.0% | $16 / Sq Ft |
| 01/28/2022 01/28/22 | For Sale | $33,000,000 | 0.0% | -- |
| 08/07/2021 08/07/21 | Price Changed | $130,000 | +30.0% | $21 / Sq Ft |
| 07/27/2021 07/27/21 | For Rent | $100,000 | 0.0% | -- |
| 07/26/2021 07/26/21 | Sold | $21,000,000 | 0.0% | $3,448 / Sq Ft |
| 07/23/2021 07/23/21 | Pending | -- | -- | -- |
| 07/23/2021 07/23/21 | For Sale | $21,000,000 | +162.5% | $3,448 / Sq Ft |
| 05/28/2013 05/28/13 | Sold | $8,000,000 | -5.8% | $1,101 / Sq Ft |
| 03/15/2013 03/15/13 | Pending | -- | -- | -- |
| 03/28/2012 03/28/12 | For Sale | $8,490,000 | -- | $1,168 / Sq Ft |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $21,000,000 | Attorney | |
| Warranty Deed | $8,000,000 | Security Title Llc | |
| Deed | -- | -- | |
| Warranty Deed | $880,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $12,600,000 | New Conventional | |
| Previous Owner | $4,800,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $616,000 | New Conventional |
Source: Public Records
Similar Property in Miami Beach, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11153141
APN: 02-3232-006-0230
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