ActiveMLS® A12030398

$49,500,000

360 S Hibiscus Drive, Miami Beach, FL 33139

Beds: 7
Baths: 8
Sqft: 8,300

Est. payment$298,348/mo

Home type: Single Family Residence
Year built: 2026
Lot size: 16,117 sqft
Price / sqft: $5,964
HOA: $0/mo
Community: HIBISCUS ISLAND

Property description

Step into this stunning waterfront masterpiece where luxury meets sophistication on guard gated Hibiscus Island. This new architectural marvel designed by Kobi Karp offers 8,300 SF of meticulously crafted living space curated by Argent Design blending art & architecture. Inspired by iconic sculptures, this estate pushes the boundaries of design, creating a home that's not just a place to live, but a living work of art. The entrance sets the tone w/ an architectural stone facade, living green wall, Koi pond & outdoor firepit. With soaring 11'6" ceilings & exquisite finishes throughout, this will impress the most discerning buyer. 7 bedrooms & 8 total bathrooms provide generous accommodations, while wide plank white oak floors, custom millwork & imported stone create an atmosphere of refined elegance. The SW exposure frames downtown Miami's skyline & delivers breathtaking sunset views. Your 90FT of water frontage becomes your personal paradise, enhanced by lush tropical landscaping by CLAD Landscape Architecture. Amenities include and commercial elevator which services all 3 levels, Savant system, Bon Vivant kitchen & chefs prep kitchen, outdoor kitchen, resort style pool, generator, custom stone bar w/ built in aquarium, 2 car AC garage & air conditioned rooftop entertainment level w/ the best views Miami has to offer. This 24HR guard-gated community offers tennis, basketball, & playground, just minutes from the best shopping & dining in South Beach & Design District.

Listing activity

Days on market: 118
Listed: Jun 3, 2026
MLS listing updated: 8 hours ago
Feed last checked: 4 minutes ago

Listed by Devin Alexander Kay · Douglas Elliman

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 8
Bathrooms (decimal): 7
Full bathrooms: 6
Half bathrooms: 2

Rooms & features

Rooms: 4
Interior features: Bar, Bedroom Layout - Split, Built-in Features, Closet Cabinetry, Elevator, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
Flooring: Wood, Other
Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
Furnished: Furnished
Window features: Blinds

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 2
Garage: Yes
Covered spaces: 2
Parking features: Attached, Attached Garage, Driveway, Garage, Garage Door Opener
Attached garage: Yes

Exterior

Stories: 2
Entry level: 1
Patio & porch: Patio
Exterior features: Built-in Barbecue, Lighting
Fencing: Fenced
Pool: Yes
Pool features: In Ground
View: Bay, Water
Waterfront: No Fixed Bridge, Bay
Waterfront property: Yes

Lot

Lot size: 16,117 sqft
Lot size (acres): 0.37 acres
Zoning: 0800

Construction

Type & style

Home type: Single Family Residence
Architectural style: Contemporary
Year built: 2026
New construction: Yes

Materials

Construction: Block
Roof: Concrete, Other
Property condition: New Construction
Levels: Two
Faces: North

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public
Utilities: Cable Available

Community & HOA

Community

Subdivision: HIBISCUS ISLAND
MLS area: 2320
Security: Security Patrol
Pets allowed: Yes
55+ community: Yes

Association

Has association: Yes
Estimated monthly dues: $0
Amenities: Security, Gated, Maintained Community, Sidewalks, Street Lights, Tennis Court(s)

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33139

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12030398
Possession: Close Of Escrow, Negotiable
Original list price: $49,500,000
Parcel number: 0232320060150
Annual property tax: $201,036
Tax year: 2026
Tax legal description: HIBISCUS ISLAND PB 8-75 LOT 17 & W1/2 LOT 16 & 20FT STR IN BAY ADJ BLK 1 LOT SIZE 90.000 X 175 OR 16502-0923 0994 1

Additional MLS details

Reported by the listing source

Association Amenities: Security, Gated, Maintained Community, Sidewalks, Street Lights, Tennis Court(s)
Association: Yes
Bathrooms Total Decimal: 7
Bathrooms Total Integer: 8
Construction Materials: Block
County Or Parish: Miami-Dade
Days On Market: 118
Direction Faces: North
Elementary School: Miami Beach South Pointe
High School: Miami Beach
List Price: 49500000
Listing Contract Date: 2026-06-03
Living Area: 8300
Lot Size Acres: 0.37
Lot Size Area: 16000
MLSArea Major: 2320
Middle Or Junior School: Miami Beach Nautilus
Mls Status: Active
On Market Date: 2026-08-31
Patio And Porch Features: Patio
Photos Count: 93
Postal Code: 33139
Property Sub Type: Single Family Residence
Property Type: Residential
Rooms Total: 4
Security Features: Security Patrol
Senior Community: Yes
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-08-31T01:00:36Z
Stories Total: 2
Subdivision Name: HIBISCUS ISLAND
Water Source: Public
Waterfront Features: No Fixed Bridge, Bay
Tax Annual Amount: 201036
Bathrooms Full: 6
Pool Private: Yes
Bedrooms Total: 7
Bathrooms Half: 2
General Property Information: Senior Community: Yes

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Jun 3, 2026	ListedMIAMI REALTORS® MLS	$49,500,000$5,964/sqft

Public tax history

Year	Property taxes	Assessment
2026	$201,036	—

Payment calculator

Estimated monthly payment$298,348/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $256,845
Property taxes: $16,753
Insurance: $24,750
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

HIBISCUS ISLAND

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary

—

Miami Beach NautilusMiddle

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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