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

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363 S Hibiscus Dr, Miami Beach, FL 33139

Active · SingleFamilyResidence

$5,499,000

363 S Hibiscus Dr, Miami Beach, FL 33139

Beds
5
Baths
4
Living area
2,663 sq ft
$ / sq ft
$2,065/sq ft
Year built
1953
Lot size
9,500 sq ft
HOA fee
—
Annual tax
$19,431

About this property

Located on prestigious South Hibiscus Drive, this exceptional corner-lot residence is one of Hibiscus Island’s most desirable non-waterfront opportunities. This meticulously maintained, move-in ready trophy home offers timeless elegance and charm, along with additional easement yard space that creates one of the most impressive non-waterfront lots across Palm and Hibiscus Islands. Surrounded by some of the most valuable real estate in all of Miami, the property offers a rare combination of privacy, scale, and location. Designed for effortless living and entertaining, the home features five bedrooms, open-concept living spaces, and a flexible media room/office that can also serve as the fifth bedroom. The oversized pool is complemented by a remarkably private backyard with significant green space, lush landscaping, and fruit trees, creating a serene tropical setting rarely found on the islands. A rare opportunity to secure a turnkey trophy residence at exceptional value within one of Miami Beach’s most prestigious gated communities.

Property location

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363 S Hibiscus Dr, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
5
Bathrooms
4
Living area
2,663 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Attic

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1953
Lot size
9,500 sq ft
Architectural style
One Story
Roof
Other
Construction
Block
Exterior features
Porch, Patio
Pool
In Ground, Pool
View
Garden, Pool

Parking

Garage spaces
2
Covered spaces
2
Parking features
Circular Driveway, Garage Door Opener

HOA, Community & Financials

Annual tax
$19,431
Subdivision
HIBISCUS ISLAND
County
Miami-Dade
Days on market
160
MLS listing ID
A12015032
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

-$12,971

Cap rate
2.9%
Net yield
2.9%
Cash-on-cash return
-10.1%
Gross yield
4.3%
Mortgage payment
$26,068/mo
Down payment
$1,374,750
Loan amount
$4,124,250
Annual NOI
$157,169

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