Single Family Residence

420 N Hibiscus Dr

420 N Hibiscus Dr, Miami Beach FL 33139 Get directions

$8,900,000

For Sale
Price cut: $500,000 (−5.3%)

5 Beds · 6 Baths · 5,642 SqFt

See estimated monthly cost

This listing is courtesy of Douglas Elliman. Monika Kamardinov

Overview

A turnkey modern masterpiece by award-winning architect Ralph Choeff, located on the coveted guard-gated Hibiscus Island. Newly completed, this residence impresses with a dramatic 20-foot glass foyer, floating staircase, and wide-plank white oak floors. Natural light fills the open-concept layout, seamlessly blending indoor and outdoor living. The sleek MiaCucina kitchen is equipped with Wolf and Sub-Zero appliances, while additional highlights include an Apple smart home system, private elevator, gym, sauna, resort-style pool, and expansive entertaining spaces designed for elevated comfort and ease. The luxurious primary suite features dual ensuite baths and custom walk-in closets, while the rooftop terrace captures breathtaking 360-degree views of the Miami skyline. This fully turnkey residence offers exceptional value on the prestigious Hibiscus, Palm, and Star Islands, where residents enjoy exclusive island amenities including tennis courts, basketball courts, and a children’s playground. Ideally located just five minutes from Brickell, Downtown Miami, Edgewater, and South Beach, this home combines privacy, prestige, and convenience within one of Miami Beach’s most desirable enclaves.

Facts & features

Interior

Living area (sq ft)
5,642
Full bathrooms
6
Half bathrooms
1
Furnished
Furnished
  • First Floor Entry
  • Second Floor Entry
  • Third Floor Entry
  • Elevator
  • Entrance Foyer
  • Split Bedroom
  • Walk-In Closet(s)
  • Sauna
  • Utility Room/Laundry

Building & exterior

Year built
2019
Lot size (sq ft)
10,387
Garage spaces
3
Covered spaces
3
  • Intracoastal View
  • Water
  • Barbeque
  • Lighting
  • Open Balcony
  • Circular Driveway
  • Covered
  • Driveway

HOA (homeowners association)

Pets allowed
Yes
  • No Restrictions
  • Ok To Lease
  • More Than 20 Lbs

Taxes

Annual tax
$115,319
Tax year
2025
Parcel number
02-32-32-005-0540

Assigned schools

Elementary
South Pointe
Middle
Nautilus
High
Miami Beach

Listing

MLS number
A12024825
Property type
Single Family Residence
Price per SqFt
$1,577
Subdivision
HIBISCUS ISLAND
On market since
Jun 5, 2026
Days on market
122

Price history

Date Event Price Change
Jun 5, 2026 Listed $9,400,000 —
Sep 10, 2026 Price change $8,900,000 −$500,000 (−5.3%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$61,288 per month

Principal & interest (30 yr)
$45,003
Property tax
$9,610
Insurance (estimated)
$6,675

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

  • Miami Children''s Museum Charter School Charter · K-5 · 0.74 mi

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