Condo in 405 N Hibiscus Drive 204, Miami Beach, FL 33139 for sale with MLS# A12044925

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.

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405 N Hibiscus Drive 204, Miami Beach, FL 33139

Price
Price:
$675,000.00
Original List Price:
$675,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,088.7
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
June 30, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Other
Measures
Living Area:
620 Sqft
Property Features
View from the Property:
Other
Waterfront:
Yes
Waterfront Features:
Bayfront
Security:
Other
Furnished:
Furnished
Appliances:
Dryer, Refrigerator, Washer, Electric Range
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Balcony Details:
Balcony - Open
Construction
Year Built:
1960
Levels:
Two
Entry Level (floor):
2
Construction Materials:
Block
Flooring:
Tile
Number of stories:
2
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$8,824.00
Tax Year:
2025
Association Fee:
$727.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Guest, Deeded
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
Association Approval Required
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Pool, Picnic Area, Tennis Court(s), Basketball Court
Subdivision Name:
ISLAND CLUB OF SOUTH BEACH
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Maintenance Structure, Common Areas, Insurance, Hot Water, Roof Repairs, Pool Service
Senior Community:
No
Minimum Days per Lease:
180
Community Dock
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
0232320150140
Public Schools Assigned
Elementary School:
Miami Beach South Pointe
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
June 30, 2026
Listing Agreement executed on:
June 30, 2026
Listing Status Last Changed On:
June 30, 2026 4:00 am
Photos updated on:
August 7, 2026 12:19 am
Last Modified:
August 7, 2026 12:25 am
Additional Information
Courtesy of:
The Corcoran Group
Attribution:
Not provided
Location
Floor Number:
2
Street Name:
Hibiscus
Street Number:
405
Unit Number:
204
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 7.5''
Longitude:
W81° 50' 9.9''
Street Suffix:
Drive
Street Direction Prefix:
N
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.