Home » Miami Beach » 394 S Hibiscus Dr, Miami Beach, FL 33139 | A11450680

394 S Hibiscus Dr, Miami Beach, FL 33139 | Sold

$17,000,000
closed for a price of $15,375,000

Property Highlights

Listing ID A11450680 Status of this Listing: Closed Sold Property Type Land Residential Lot area 18,375 Sqft/1707.09 m2 approx. Waterfront Time of this property from published date until Closing Date 226 Days
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Hibiscus Island Miami Beach Real Estate

30 Photos of this Property

394 S Hibiscus Dr, Miami Beach, FL 33139

Property Description: Build your dream home on a rare waterfront south facing double lot on coveted Hibiscus Island. This 18,375 square foot lot boasts 101’ of waterfrontage with southern exposure on one of Miami Beach’s most prestigious and guard gated island neighborhoods. Perfectly positioned parcel captures breathtaking sunsets over Biscayne Bay and offers captivating panoramic views of the Downtown Miami skyline. This exceptional location is just minutes away from South Beach, Downtown, world class dining, shopping, and beaches.

Useful Info

Contingency:Other
Previous Asking Price:$18,000,000
Original List Price:$18,000,000
Close Price:$15,375,000

Land Lot (Parcel) Details

Number of Lots:1
Lot Size Acres:0.4218
Lot Features:
  • 1/4 To 1/2 Acre Lot
Lot Size Unit:Square Feet

Property Features

Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Bay Front
Frontage Length:101
Property Entrance Faces:
  • North

Taxes and Expenses

Tax Annual Amount:$178,119

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

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:HIBISCUS ISLAND
Senior Community:No
Development Status:
  • Other

Parking

Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Water Access: Other,Private Dock
Flood Zone : AE
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 6
Buyer Country of Residence: Unknown/Withheld
Water Access Description:Other,Private Dock

Zoning and Legal

Tax Legal Description:HIBISCUS ISLAND PB 8-75 LOT 20 & 20FT STR IN BAY ADJ & E 45FT LOT 21 & 20FT STR IN BAY ADJ BLK 1 LOT SIZE 105.000 X 175 OR 11826-449 0683 5
Real Estate Folio Number (Parcel Number):02-32-32-006-0180
Zoning Description:0800
Public Survey Township:2
Public Survey Range:32
Public Survey Section:32

Listing History

Update/EventDate/Days
Published Date:September 11, 2023 3:49 pm
On Market Date:August 16, 2023
Close Date:April 24, 2024
Price Change Date Time:November 21, 2023 5:07 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:April 25, 2024 4:34 pm
Status Last Changed:April 25, 2024 4:34 pm
Photos Last Modified:September 22, 2023 10:08 pm
Last Modified:April 25, 2024 8:34 pm
Days on the Market Reference Date:April 25, 2024
Days on the Market (updated on Last Modified*):174
Cumulative Days on the Market (updated on Last Modified**):174

Additional Information

Lot Size Range:1/4 To Less Than 1/2 Acre Lot
Number of Photos Count:30
Area:32
Ref ID:1044999656
Automated Valuation Display:Yes
Courtesy of:Coldwell Banker Realty
Universal Property Id:US-12025-N-0232320060180-R-N

Location

Show Property Address:Yes
Street Name:Hibiscus Dr
Street Number:394
Street Direction Prefix:S
Street Address:394 S Hibiscus Dr
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:394 S Hibiscus Dr, Miami Beach, FL 33139
Latitude:N25° 47' 2.1''
Longitude:W81° 50' 7.9''

Neighborhood

Postal City:Miami Beach

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