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For sale
    • $4,450,000

    111 S Hibiscus Dr, Miami Beach, FL 33139

    4beds
    3,477sqft
    : 
    $30,638/mo
    Get pre-qualified
    Single Family Residence
    Built in 1963
    9,500 Square Feet Lot
    $-- Zestimate®
    $1,280/sqft
    $-- HOA

    What's special

    Freeform poolSerene island settingPrivate patiosEn-suite bedroomsAbundant natural lightMultiple skylightsGenerous lot
    Discover an exceptional opportunity on prestigious Hibiscus Island, one of Miami Beach's most exclusive guard-gated communities. Situated on a generous lot, this property presents tremendous potential to renovate, reimagine, or build a custom luxury residence in one of South Florida's most sought-after neighborhoods. The existing home offers a bright, open layout with abundant natural light, multiple skylights, spacious living areas, en-suite bedrooms, and seamless indoor-outdoor connectivity. Lush tropical landscaping, private patios, and a freeform pool create a serene island setting just moments from South Beach, Downtown Miami, world-class dining, shopping, and private aviation access. With numerous newly constructed residences and luxury redevelopment projects achieving record-setting values throughout Hibiscus Island, this property represents a rare opportunity to secure a prime parcel in a neighborhood defined by exceptional long-term value and continued investment. Whether preserving and enhancing the existing residence or creating a new architectural masterpiece, the possibilities are extraordinary.
    41 days
    |
    953
    |
    55
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Turner 386-209-2231,

    Coldwell Banker Realty

    Source: MIAMI,MLS#: A12035428MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room, Great Room
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Dryer, Electric Range, Microwave, Other, Refrigerator, Oven, Washer
      • Laundry: Laundry Room
      Features
      • Built-in Features, Kitchen Island, Other, Walk-In Closet(s), Maid/In-Law Quarters
      • Flooring: Marble, Other, Wood
      • Windows: Complete Impact Glass, Skylight(s), Blinds, Other Windows
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 3,477 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway, Paver Block, Limited # Of Vehicle
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Entry location: First Floor Entry
      • Patio & porch: Patio
      • Exterior features: Lighting, Other
      • Has private pool: Yes
      • Pool features: In Ground, Other, Pool Only
      • Fencing: Fenced
      • Has view: Yes
      • View description: Garden, Other, Pool
      Lot
      • Size: 9,500 Square Feet
      • Dimensions: 76.000 x 125
      • Features: Less Than 1/4 Acre Lot, Corner Lot
      Details
      • Parcel number: 0232320050120
      • Zoning: 0100
      • Other equipment: Other

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS Construction, Other
      • Roof: Flat Roof With Facade Front,Other
      Condition
      • Year built: 1963

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Municipal Water

      Community & HOA

      Community
      • Features: Tennis Court(s), Gated, Security Patrol
      • Subdivision: Hibiscus Island
      HOA
      • Has HOA: No
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $1,280/sqft
      • Tax assessed value: $3,211,408
      • Annual tax amount: $51,082
      • Date on market: 6/18/2026
      • Listing terms: All Cash,Conventional
      • Road surface type: Paved Road

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/18/2026Listed for sale$4,450,000+229.6%$1,280/sqft
        Source: MIAMI #A12035428 Report a problem
        4/15/2026Listing removed$12,000$3/sqft
        Source: MIAMI #A11919679 Report a problem
        3/19/2026Listed for rent$12,000$3/sqft
        Source: MIAMI #A11919679 Report a problem
        2/17/2026Listing removed$12,000$3/sqft
        Source: MIAMI #A11919679 Report a problem
        2/3/2026Listed for rent$12,000$3/sqft
        Source: MIAMI #A11919679 Report a problem
        12/8/2025Listing removed$12,000$3/sqft
        Source: MIAMI #A11919679 Report a problem
        11/26/2025Listed for rent$12,000-17.2%$3/sqft
        Source: MIAMI #A11919679 Report a problem
        12/2/2024Listing removed$14,500$4/sqft
        Source: MIAMI #A11676748 Report a problem
        11/13/2024Listed for rent$14,500+81.3%$4/sqft
        Source: MIAMI #A11676748 Report a problem
        11/14/2019Listing removed$8,000$2/sqft
        Source: Coldwell Banker Residential Real Estate - Miami Beach Lincoln Building #A10764553 Report a problem
        10/30/2019Listed for rent$8,000-11.1%$2/sqft
        Source: Coldwell Banker Residential Real Estate #A10764553 Report a problem
        8/16/2019Listing removed$9,000$3/sqft
        Source: Zillow Rental Manager Report a problem
        2/8/2019Price change$9,000+12.5%$3/sqft
        Source: Zillow Rental Manager Report a problem
        12/4/2018Price change$8,000-10.1%$2/sqft
        Source: Coldwell Banker Residential Real Estate #A10554007 Report a problem
        10/12/2018Price change$8,900-1.1%$3/sqft
        Source: Coldwell Banker Residential Real Estate #A10554007 Report a problem
        3/22/2018Price change$9,000+12.5%$3/sqft
        Source: Zillow Rental Manager Report a problem
        1/14/2018Listed for rent$8,000$2/sqft
        Source: Zillow Rental Manager Report a problem
        9/29/2017Listing removed$8,000$2/sqft
        Source: Zillow Rental Manager Report a problem
        8/23/2017Price change$8,000-20%$2/sqft
        Source: Zillow Rental Manager Report a problem
        7/25/2017Price change$10,000+5.3%$3/sqft
        Source: Zillow Rental Manager Report a problem
        5/1/2017Price change$9,500-17.4%$3/sqft
        Source: Charles Rutenberg Realty LLC #RX-10316370 Report a problem
        3/15/2017Price change$11,500-4.2%$3/sqft
        Source: Charles Rutenberg Realty LLC #RX-10316370 Report a problem
        3/2/2017Price change$12,000-14.3%$3/sqft
        Source: Zillow Rental Manager Report a problem
        2/15/2017Listed for rent$14,000+33.3%$4/sqft
        Source: Zillow Rental Manager Report a problem
        10/26/2015Listing removed$10,500$3/sqft
        Source: TDI Real Estate and Acquisitions, Inc. Report a problem
        5/23/2011Sold$1,350,000+12.5%$388/sqft
        Source: Public Record Report a problem
        8/3/2004Sold$1,200,000+72.7%$345/sqft
        Source: Public Record Report a problem
        3/22/1999Sold$695,000+98.6%$200/sqft
        Source: Public Record Report a problem
        7/24/1998Sold$350,000$101/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$51,082 +5.1%$2,109,808 +10.2%
        2024$48,618 +13.2%$1,913,687 +10%
        2023$42,937 +16%$1,739,716 +10%
        2022$37,027 +18.1%$1,581,560 +10%
        2021$31,361 -0.6%$1,437,782 -0.5%
        2020$31,562 -5.4%$1,444,357 -6%
        2019$33,381 +8%$1,536,812 +5.4%
        2018$30,917 $1,457,508 -9.8%
        2017$30,917 -11.5%$1,616,506 +10%
        2016$34,919 +18.9%$1,469,551 +10%
        2015$29,364 +6.7%$1,335,956 +10%
        2014$27,509 +19.2%$1,214,506 +4.8%
        2013$23,085 0%$1,159,381 +10%
        2012$23,085 +14.3%$1,053,983 +16.5%
        2011$20,205 -5.6%$904,784 -0.3%
        2010$21,398 -12.7%$907,585 -19.3%
        2009$24,519 -20.9%$1,124,567 -23.7%
        2007$30,988 +17.3%$1,473,730
        2006$26,425 --
        2005$26,425 +60.7%--
        2004$16,443 +3%--
        2003$15,969 +1.6%--
        2002$15,720 --
        2001$15,720 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Hibiscus Island

        Getting around

        2 / 100
        Car-Dependent
        46 / 100
        Some Transit
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: South Pointe
        • Middle: Nautilus
        • High: Miami Beach

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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