394 S Hibiscus Drive, Miami Beach, FL 33139

$15,375,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11450680

Property Type: Land & Docks Lot Size (sq. ft.): 18,375 Status: Closed

Current Price: $15,375,000 List Date: 8/17/2023 Last Modified: 6/10/2026

Overview

Description

Build your dream home on a rare waterfront south facing double lot on coveted Hibiscus Island. This 18,375 square foot lot boasts 101’ of waterfrontage with southern exposure on one of Miami Beach’s most prestigious and guard gated island neighborhoods. Perfectly positioned parcel captures breathtaking sunsets over Biscayne Bay and offers captivating panoramic views of the Downtown Miami skyline. This exceptional location is just minutes away from South Beach, Downtown, world class dining, shopping, and beaches.

Listing Details MLS# A11450680

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: Yes
Lot Size Acres: 0.42
Lot Size Square Feet: 18375
Lot Size Dimensions: 18375
Waterfront YN: Yes
Water Frontage Feet: 101
Direction Faces: North
LP/SqFt: 925.17

Property Features

Current Use: Residential; Single Family; Other Development Status: Other Possession: Negotiable Sewer: Public Sewer Trees: Other Boat and Dock Features: Private Dock Listing Terms: Cash; Conventional Lot Features: Other Water Access: Ocean Access; Other Water Source: Public Waterfront Features: Bayfront Showing Requirements: Call Listing Agent Contingencies: Other Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 18000000
LP/Acre: 40303461.36

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 394
Street Direction Prefix: S
Street Name: Hibiscus
Street Suffix: Drive
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 5134
Postal Zip: 33139
Subdivision Name: HIBISCUS ISLAND
Area: 2320
Parcel Number: 0232320060180
Subdivision Number: 6
Zoning: 0800
Flood Zone: AE

Financial Information

Tax Year: 2022
Tax Annual Amount: 178119
Tax Legal Description: HIBISCUS ISLAND PB 8-75 LOT 20 & 20FT STR IN BAY ADJ & E 45FT LOT 21 & 20FT STR IN BAY ADJ BLK 1 LOT SIZE 105.000 X 175 OR 11826-449 0683 5

Status Change Information

Major Change Timestamp: 2024-04-25T03:49:34Z
Major Change Type: Status Change
Price Change Timestamp: 2023-11-21T23:07:50Z
Status Change Date: 2024-04-25
Under Contract Date: 2024-02-06
Close Date: 2024-04-24
Close Price: 15375000
Buyer Financing: Cash
SP/Acre: 36450924.61

More Information

Boat and Dock Information

Dock: Yes

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 0180

Originating Details

Originating System Key: 386150784
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Current Use

Residential: Yes
Single Family: Yes
Other: Yes

Development Status

Other: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Trees

Other: Yes

Water Access

Ocean Access: Yes
Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Other: Yes

Water Source

Public: Yes

Waterfront Features

Bayfront: Yes

Boat and Dock Features

Private Dock: Yes

Showing Requirements

Call Listing Agent: Yes

Contingencies

Other: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes

Listing Office: Coldwell Banker Realty

Last Updated: June - 10 - 2026

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394 S Hibiscus Drive, Miami Beach, FL 33139 (MLS# A11450680)