Home » Miami Beach » Island Club of South Beach at 405 Hibiscus Dr Miami Beach » 405 N Hibiscus Dr 101, Miami Beach, FL 33139 | A11440180

405 N Hibiscus Dr 101, Miami Beach, FL 33139 | Sold

$650,000
closed for a price of $655,000

Property Highlights

Listing ID A11440180 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 740 Sqft/68.75 m2 approx. Building Area 740 Sqft/68.75 m2 approx. COMMUNITY POOL Year Built 1960 Waterfront Lease Term Minimum Duration: 180 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 180 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 43 Days
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Hibiscus Island Miami Beach Real Estate

17 Photos of this Property

405 N Hibiscus Dr 101, Miami Beach, FL 33139

Property Description: Elegantly designed and furnished one bedroom two full bathroom ground floor unit in the highly sought after waterfront Island Club on Hibiscus Island is ready for move in! The assigned 30 ' boat slip will transfer to the new owner at sale. Two assigned parking spaces. Brand new AC! Impact glass. All assessments have been paid in full. New roof is currently under construction. HOA fee/maintenance fee is $582/mo for the unit, and $29/mo for the boat slip. Combined $612/mo.

Useful Info

Contingency:Pending Inspections
Original List Price:$650,000
Close Price:$655,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Unknown
Entry Level (floor):1
Entry Level Location:1
Construction Materials:
  • Block
Flooring:
  • Tile
  • Ceramic Tile
Number of stories:2

Property Features

View from the Property:
  • Other
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Bay Front
  • No Fixed Bridges
Swimming Pool Features:
  • Association
Security:
  • Other
Furnished:
  • Furnished
Appliances:
  • Dishwasher
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
  • Main Living Area Entry Level
Exterior Features:
  • Security/high Impact Doors
  • Barbecue
  • Patio
Patio and Porch Features:
  • Patio
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$7,642

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$612
Association Fee Frequency:
  • Monthly

Terms

Disclosures:
  • Foreign Seller
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Vacant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Dogs Ok
Amenities Provided by the Homeowner's Association (HOA):
  • Boat Dock
  • Pool
  • Barbecue
  • Picnic Area
Subdivision Name:ISLAND CLUB OF SOUTH BEAC
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Pool(s)
  • Insurance
Complex Name:ISLAND CLUB OF SOUTH BEAC
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Two Or More Spaces
  • Assigned
  • Guest

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Aventura Waterways
High School:Miami Beach
Middle Or Junior School:Nautilus

More Details

Other Information:
Unit View: Other View
Housing Older Persons Act: Unverified
Water Access: Community Boat Dock,Dock Available,Private Dock
Buy State: Florida
Boat Services: Dock Owned/Included,Up to 30 Ft Boat
Unit Design: Corner Unit
Type of Association: Condo,Homeowners
Minimum Number of Days for Lease: 180
Type of Governing Bodies: Homeowner Association
Tax Information: Tax Reflects No Exemptions
Buyer Country of Residence: USA
Number of times allowed to lease per year: 2
Flood Zone : AE
Homeowner's Association Application Fee: 0
Style: Condo 1-4 Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 15

Zoning and Legal

Tax Legal Description:ISLAND CLUB OF SOUTH BEACH CONDO UNIT 101 UNDIV 4.75% INT IN COMMON ELEMENTS OFF REC 19894-2055 OR 20290-2148 0302 1 COC 24045-1228 12 2005
Real Estate Folio Number (Parcel Number):02-32-32-015-0010
Public Survey Township:2
Public Survey Range:32
Public Survey Section:32

Listing History

Update/EventDate/Days
Published Date:August 22, 2023 1:21 pm
On Market Date:August 22, 2023
Close Date:October 4, 2023
Price Change Date Time:August 22, 2023 11:50 am
Last Important Update Description:Closed
Date and Time of Last Important Update:October 5, 2023 9:18 pm
Status Last Changed:October 5, 2023 9:18 pm
Photos Last Modified:August 22, 2023 5:43 pm
Last Modified:October 9, 2023 11:11 pm
Days on the Market (updated on Last Modified*):12
Cumulative Days on the Market (updated on Last Modified**):303

Additional Information

Unit Location:Corner Unit
Number of Photos Count:17
Area:32
Ref ID:1043787619
Courtesy of:Kaiser & Associates Realty LLC
Universal Property Id:US-12025-N-0232320150010-R-N

Location

Show Property Address:Yes
Street Name:Hibiscus Dr
Street Number:405
Street Direction Prefix:N
Street Address:405 N Hibiscus Dr 101
Unit Number:101
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:405 N Hibiscus Dr 101, Miami Beach, FL 33139
Latitude:N25° 47' 7.4''
Longitude:W81° 50' 9.8''

Neighborhood

Postal City:Miami Beach
City Region:Millionare's Row

Property Map

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