432 S Hibiscus Dr, Miami Beach, FL 33139 — MLS photo

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432 S Hibiscus Dr, Miami Beach, FL 33139

Active · SingleFamilyResidence

$31,000,000

432 S Hibiscus Dr, Miami Beach, FL 33139

Beds
5
Baths
7
Living area
6,090 sq ft
$ / sq ft
$5,090/sq ft
Year built
2001
Lot size
18,463 sq ft
HOA fee
—
Annual tax
—

About this property

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.

Property location

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432 S Hibiscus Dr, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
5
Bathrooms
7
Living area
6,090 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2001
Lot size
18,463 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A12002176
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$127,532

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.6%
Gross yield
3.7%
Mortgage payment
$146,956/mo
Down payment
$7,750,000
Loan amount
$23,250,000
Annual NOI
$233,090

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.