Home in 432 S Hibiscus Drive, Miami Beach, FL 33139 for sale with MLS# A12002176

Set on one of Hibiscus Island's most coveted parcels, this waterfront estate is more than a home-it's a statement of lifestyle. Wake to sweeping skyline views and end each day with breathtaking sunsets over the bay. Designed for both grand entertaining and effortless living, the residence offers over 6,000 SF of refined interiors where timeless architecture meets modern luxury. Situated on an oversized 18,463 SF lot with 125 FT of prime waterfront, it features a private dock and boat lift with direct Biscayne Bay access. The 5BD/6.5BA home is within a gated, police-guarded community offering tennis, basketball, and a playground. A rare opportunity to own a slice of Hibiscus Island, where every day feels extraordinary. Some images virtually staged.

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432 S Hibiscus Drive, Miami Beach, FL 33139

Price
Price:
$31,000,000.00
Original List Price:
$29,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$5,090.31
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Price Change
Last Major Update on:
July 6, 2026 8:53 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
7
Full Bath:
6
Half Bath:
1
Room Type:
Laundry, Family Room, Den, Great Room, Media Room
Master Bedroom Bath:
Separate Shower, Dual Sinks, Separate Tub, Bedroom On Entry Level
Dining Area:
Formal Dining, Eat-in Kitchen, Breakfast Area
Measures
Living Area:
6,090 Sqft
Built-Up Area:
8,542 Sqft
Lot Size Dimensions and Info:
18463
Lot Size Acres:
0.42
Property Features
View from the Property:
Water, Bay
Waterfront:
Yes
Waterfront Features:
Ocean Access, Bayfront
Frontage Length:
125
Private Pool
Swimming Pool Features:
Heated, Other, In Ground
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Other, Gas Range, Oven
Interior:
Walk-In Closet(s), Vaulted Ceiling(s), Entrance Foyer, Built-in Features, Wet Bar
Exterior:
Balcony, Lighting, Built-in Barbecue
Patio and Porch:
Patio
Windows:
Arched
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s), Electric
Heating
Heating System:
Electric
Boat and Dock Features:
Private Dock, Lift
Property Entrance Faces:
East
Other Equipment:
Other
Balcony Details:
Balcony - Open
Construction
Year Built:
2001
Roof:
Barrel
Levels:
Two
Entry Level (floor):
1
Construction Materials:
CBS
Flooring:
Marble
Number of stories:
2
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$362,255.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
3
Covered Spaces:
3
Parking Features:
Driveway, Covered, Circular Driveway
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Amenities Provided by the Homeowner's Association (HOA):
Other, Tennis Court(s), Gated
Subdivision Name:
HIBISCUS ISLAND
Senior Community:
No
Restrictions:
Other Restrictions
Community Dock
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
HIBISCUS ISLAND PB 8-75 LOT 28 & LOT 29 LESS THAT PORT OF LOT 29 DESC AS COMM AT NW COR OF LOT 30 TH SELY AD 70FT FOR POB CONT SELY AD 12FT
Real Estate Folio Number (Parcel Number):
0232320060230
Zoning:
0800
Public Schools Assigned
Elementary School:
Champion Elementary School
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
April 16, 2026
Listing Agreement executed on:
April 16, 2026
Price change occurred on:
July 6, 2026 8:53 pm
Listing Status Last Changed On:
April 16, 2026 4:00 am
Photos updated on:
July 6, 2026 7:57 pm
Last Modified:
July 7, 2026 7:27 pm
Additional Information
Courtesy of:
Coldwell Banker Realty
Attribution:
Not provided
Location
Street Name:
Hibiscus
Street Number:
432
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 5.6''
Longitude:
W81° 50' 4.6''
Street Suffix:
Drive
Street Direction Prefix:
S
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.