
MIAMI REALTORS® MLS↓ Price reduced $55,000 on Sep 23, 2026
405 N Hibiscus Drive 204, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Sqft
- 620
- Home type
- Condominium
- Year built
- 1960
- Lot size
- —
- Price / sqft
- $1,000
- HOA
- $727/mo
- Community
- ISLAND CLUB OF SOUTH BEACH
Property description
Rarely available Hibiscus Island condominium offering boutique waterfront living in one of Miami Beach's most exclusive gated communities. One of only 20 residences in the building, this 1-bedroom, 1-bath home spans 620 square feet and is surrounded by some of the area's most iconic bayfront estates.The residence features an in-unit washer and dryer, a deeded parking space, and access to outstanding waterfront amenities. Enjoy a bayfront swimming pool, BBQ gazebo, and community dock with rentable boat slips available through the association for an additional fee, ideal for boating and water enthusiasts.Flexible and low-maintenance, this property works beautifully as a primary residence, seasonal getaway, investment property, or lock-and-leave pied-à-terre. It can also serve as a guest suite, home office, or additional living space for nearby Hibiscus, Palm, and Star Island homeowners.Residents benefit from the privacy and security of a guard-gated island, plus access to tennis courts, basketball courts, a playground, and scenic walking and biking streets. Located just minutes from South Beach, Brickell, the Design District, Wynwood, Downtown Miami, major airports, marinas, dining, shopping, and entertainment, this Hibiscus Island condo delivers a rare combination of tranquil island living and central Miami Beach convenience at a price point seldom found on the island.
Listing activity
- Days on market
- 85
- Listed
- Jun 30, 2026
- MLS listing updated
- Sep 23, 2026
- Feed last checked
- 10 minutes ago
Listed by Michael Anthony Buttacavoli · The Corcoran Group
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 1
- Bathrooms
- 1
- Bathrooms (decimal)
- 1
- Full bathrooms
- 1
- Half bathrooms
- 0
Rooms & features
- Rooms
- 0
- Flooring
- Tile
- Appliances
- Dryer, Electric Range, Refrigerator, Washer
- Furnished
- Furnished
Heating & cooling
- Heating
- Central
- Cooling
- Central Air
Property
Parking
- Garage spaces
- 0
- Carport spaces
- 0
- Covered spaces
- 0
- Parking features
- Deeded, Guest
- Attached garage
- No
Exterior
- Stories
- 2
- Entry level
- 2
- Exterior features
- Balcony
- View
- Other
- Waterfront
- Bay
- Waterfront property
- Yes
Construction
Type & style
- Home type
- Condominium
- Year built
- 1960
- New construction
- No
Materials
- Construction
- Block
- Property condition
- Resale
Utilities & green energy
Not reported by the listing source.
Community & HOA
Community
- Subdivision
- ISLAND CLUB OF SOUTH BEACH
- MLS area
- 2320
- Security
- Other
- Pets allowed
- Yes
- 55+ community
- No
Association
- Has association
- Yes
- Association fee
- $727 monthly
- Estimated monthly dues
- $727
- Amenities
- Pool, Basketball Court, Picnic Area, Tennis Court(s)
- Services included
- Pool Service, Common Areas, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Roof Repairs, Sewer, Trash, Water
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
- A12044925
- Possession
- Negotiable
- Original list price
- $675,000
- Parcel number
- 0232320150140
- Annual property tax
- $8,824
- Tax year
- 2025
- Tax legal description
- ISLAND CLUB OF SOUTH BEACH CONDO UNIT 204 UNDIV 4.3% INT IN COMMON ELEMENTS OFF REC 19894-2055 OR 19951-1642 0901 1 COC 22548-0308 07 2004 1
Additional MLS details
Reported by the listing source
- Association Amenities
- Pool, Basketball Court, Picnic Area, Tennis Court(s)
- Association Fee Frequency
- Monthly
- Association Fee Includes
- Pool Service, Common Areas, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Roof Repairs, Sewer, Trash, Water
- Association
- Yes
- Bathrooms Total Decimal
- 1
- Bathrooms Total Integer
- 1
- Construction Materials
- Block
- County Or Parish
- Miami-Dade
- Days On Market
- 85
- Elementary School
- Miami Beach South Pointe
- High School
- Miami Beach
- List Price
- 620000
- Listing Contract Date
- 2026-06-30
- Living Area
- 620
- MLSArea Major
- 2320
- Middle Or Junior School
- Miami Beach Nautilus
- Mls Status
- Active
- On Market Date
- 2026-06-30
- Photos Count
- 25
- Postal Code
- 33139
- Price Change Timestamp
- 2026-09-23T18:31:18Z
- Property Sub Type
- Condominium
- Property Type
- Residential
- Rooms Total
- 0
- Security Features
- Other
- Senior Community
- No
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-06-30T04:00:00Z
- Stories Total
- 2
- Subdivision Name
- ISLAND CLUB OF SOUTH BEACH
- Waterfront Features
- Bay
- Tax Annual Amount
- 8824
- Bathrooms Full
- 1
- Bedrooms Total
- 1
- Bathrooms Half
- 0
- Financial Information: Estimated Monthly Assoc Recurring Fee
- 727
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Jun 30, 2026 | ListedMIAMI REALTORS® MLS | $675,000$1,089/sqft |
| Sep 23, 2026 | Price reducedMIAMI REALTORS® MLS | $620,000$1,000/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $8,824 | — |
Payment calculator
- Principal & interest
- $3,217
- Property taxes
- $735
- Insurance
- $310
- Association dues
- $727
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
ISLAND CLUB OF SOUTH BEACHMiami Beach · Miami-Dade County · 33139
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
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Property photos coming from MLS
