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PendingMLS listing sourceMIAMI REALTORS® MLS
PendingMLS® A12035428
$4,450,000

111 S Hibiscus Drive, Miami Beach, FL 33139

Beds
4
Baths
5
Sqft
3,477
Est. payment$29,572/mo
Home type
Single Family Residence
Year built
1963
Lot size
9,583 sqft
Price / sqft
$1,280
HOA
$0/mo
Community
Hibiscus Island

Property description

Discover an exceptional opportunity on prestigious Hibiscus Island, one of Miami Beach's most exclusive guard-gated communities. Situated on a generous lot, this property presents tremendous potential to renovate, reimagine, or build a custom luxury residence in one of South Florida's most sought-after neighborhoods. The existing home offers a bright, open layout with abundant natural light, multiple skylights, spacious living areas, en-suite bedrooms, and seamless indoor-outdoor connectivity. Lush tropical landscaping, private patios, and a freeform pool create a serene island setting just moments from South Beach, Downtown Miami, world-class dining, shopping, and private aviation access. With numerous newly constructed residences and luxury redevelopment projects achieving record-setting values throughout Hibiscus Island, this property represents a rare opportunity to secure a prime parcel in a neighborhood defined by exceptional long-term value and continued investment. Whether preserving and enhancing the existing residence or creating a new architectural masterpiece, the possibilities are extraordinary.

Listing activity

Days on market
83
Listed
Jun 18, 2026
MLS listing updated
Sep 18, 2026
Feed last checked
8 minutes ago

Listed by Jason Ryne Turner · Coldwell Banker Realty

Map

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

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
4
Bathrooms
5
Bathrooms (decimal)
4.5
Full bathrooms
4
Half bathrooms
1

Rooms & features

Rooms
5
Interior features
Built-in Features, Kitchen Island, Walk-In Closet(s), Other
Flooring
Marble, Wood, Other
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer, Other
Fireplace
Yes
Furnished
Unfurnished
Window features
Blinds, Skylight(s), Other
Other equipment
Other

Heating & cooling

Heating
Central, Electric
Cooling
Central Air, Electric
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
Driveway, Paver Block
Attached garage
No

Exterior

Stories
1
Entry level
1
Patio & porch
Patio
Exterior features
Lighting, Other
Fencing
Fenced
Pool
Yes
Pool features
In Ground, Other
View
Garden, Pool, Other
Waterfront
None
Waterfront property
No

Lot

Lot size
9,583 sqft
Lot size (acres)
0.22 acres
Lot dimensions
76.000 X 125
Lot features
Corner Lot
Zoning
0100
Road surface
Paved
Construction

Type & style

Home type
Single Family Residence
Year built
1963
New construction
No

Materials

Construction
CBS, Other
Roof
Flat, Other
Property condition
Resale
Levels
One
Faces
South
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Community & HOA

Community

Subdivision
Hibiscus Island
MLS area
2420
Security
Security Patrol
Pets allowed
Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Amenities
Security, Gated, 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
A12035428
Possession
Negotiable
Original list price
$4,450,000
Parcel number
0232320050120
Annual property tax
$51,082
Tax year
2025
Tax legal description
HIBISCUS ISLAND RESUB PB 34-87 LOT 2 BLK I 73R26486 LOT SIZE 76.000 X 125 OR 20006-4363 22023-3203 1001 4
Additional MLS details

Reported by the listing source

Association Amenities
Security, Gated, Tennis Court(s)
Association
No
Bathrooms Total Decimal
4.5
Bathrooms Total Integer
5
Construction Materials
CBS, Other
County Or Parish
Miami-Dade
Days On Market
83
Direction Faces
South
Elementary School
Miami Beach South Pointe
High School
Miami Beach
List Price
4450000
Listing Contract Date
2026-06-18
Living Area
3477
Lot Size Acres
0.22
Lot Size Area
9500
Lot Size Dimensions
76.000 X 125
MLSArea Major
2420
Middle Or Junior School
Miami Beach Nautilus
Mls Status
Pending
On Market Date
2026-06-18
Patio And Porch Features
Patio
Photos Count
27
Postal Code
33139
Property Sub Type
Single Family Residence
Property Type
Residential
Road Surface Type
Paved
Rooms Total
5
Security Features
Security Patrol
Senior Community
No
Standard Status
Pending
State Or Province
FL
Status Change Timestamp
2026-09-17T20:15:46Z
Stories Total
1
Subdivision Name
Hibiscus Island
Water Source
Public
Waterfront Features
None
Tax Annual Amount
51082
Bathrooms Full
4
Pool Private
Yes
Bedrooms Total
4
Bathrooms Half
1

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

DateEventPrice
Jun 18, 2026ListedMIAMI REALTORS® MLS$4,450,000$1,280/sqft

Public tax history

YearProperty taxesAssessment
2025$51,082—

Payment calculator

Estimated monthly payment$29,572/moIllustrative estimate, not a loan offer.
Principal & interest
$23,090
Property taxes
$4,257
Insurance
$2,225
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.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Coldwell Banker Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.