360 S Hibiscus Drive, Miami Beach, FL 33139 — MLS photo

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360 S Hibiscus Drive, Miami Beach, FL 33139

Active · SingleFamilyResidence

$49,500,000

360 S Hibiscus Drive, Miami Beach, FL 33139

Beds
7
Baths
8
Living area
8,300 sq ft
$ / sq ft
$5,964/sq ft
Year built
2026
Lot size
16,000 sq ft
HOA fee
—
Annual tax
—

About this property

Step into this stunning waterfront masterpiece where luxury meets sophistication on guard gated Hibiscus Island. This new architectural marvel designed by Kobi Karp offers 8,300 SF of meticulously crafted living space curated by Argent Design blending art & architecture. Inspired by iconic sculptures, this estate pushes the boundaries of design, creating a home that's not just a place to live, but a living work of art. The entrance sets the tone w/ an architectural stone facade, living green wall, Koi pond & outdoor firepit. With soaring 11'6" ceilings & exquisite finishes throughout, this will impress the most discerning buyer. 7 bedrooms & 8 total bathrooms provide generous accommodations, while wide plank white oak floors, custom millwork & imported stone create an atmosphere of refined elegance. The SW exposure frames downtown Miami's skyline & delivers breathtaking sunset views. Your 90FT of water frontage becomes your personal paradise, enhanced by lush tropical landscaping by CLAD Landscape Architecture. Amenities include and commercial elevator which services all 3 levels, Savant system, Bon Vivant kitchen & chefs prep kitchen, outdoor kitchen, resort style pool, generator, custom stone bar w/ built in aquarium, 2 car AC garage & air conditioned rooftop entertainment level w/ the best views Miami has to offer. This 24HR guard-gated community offers tennis, basketball, & playground, just minutes from the best shopping & dining in South Beach & Design District.

Property location

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360 S Hibiscus Drive, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
7
Bathrooms
8
Living area
8,300 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2026
Lot size
16,000 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A12030398
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

-$205,947

Cap rate
0.7%
Net yield
0.7%
Cash-on-cash return
-17.8%
Gross yield
3.7%
Mortgage payment
$234,655/mo
Down payment
$12,375,000
Loan amount
$37,125,000
Annual NOI
$344,502

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