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Sold for $14,750,000
  • $14,750,000

    205 N Hibiscus Dr, Miami Beach, FL 33139

    --beds
    --baths
    0.48Acres
    Unimproved Land
    Built in ----
    0.48 Acres Lot
    $17,018,300 Zestimate®
    $--/sqft
    $79,032 Estimated rent

    Home value

    $17,018,300

    $14.13M - $20.42M

    $79,032/mo

    Zestimate® history
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    $79,032/mo

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    $103,281/mo

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    $103,281/mo

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    What's special

    Best opportunity on the market for a prime waterfront gated lot on the Estate section of Hibiscus Island in Miami Beach, stunning wide water views, 120' of waterfrontage. Home is rented and generating income on a 21,000 sqft lot, to be used during the planning process. Miami Beach police officer present at gate 24/7. Tennis court, basketball court, and playground on island.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mirce Curkoski 786-395-2139,

    One Sotheby's International Realty,

    Albert Justo 786-326-9613,

    One Sotheby's International Realty

    Bought with:

    Isaac Malagon PA, 3431672

    Compass Florida, LLC

    Source: MIAMI,MLS#: A11493082MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Property

    Features
    • On waterfront: Yes
    • Waterfront features: Waterfront
    • Frontage length: 120
    Lot
    • Size: 0.48 Acres
    • Features: 1/2 To Less Than 3/4 Acre Lot, Other
    • Residential vegetation: Other Trees
    Details
    • Additional structures: None
    • Parcel number: 0232320060480
    • Zoning: 0800

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

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

    Financial & listing details

    • Tax assessed value: $12,537,858
    • Annual tax amount: $239,661
    • Date on market: 11/29/2023
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    5/13/2024Sold$14,750,000-1%
    Source: MIAMI #A11493082 Report a problem
    5/4/2022Sold$14,900,000+6.4%
    Source: MIAMI #A11079165 Report a problem
    5/17/2021Sold$14,000,000+55.6%
    Source: Public Record Report a problem
    3/8/2021Sold$9,000,000+14.7%
    Source: MIAMI #A10915309 Report a problem
    4/7/2019Sold$7,849,000+40.2%
    Source: Agent Provided Report a problem
    7/12/2006Sold$5,600,000+8.2%
    Source: Public Record Report a problem
    9/14/2005Sold$5,175,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$239,661 -10.2%$12,537,858 -8.4%
    2024$266,744 +4.2%$13,687,957 +2.8%
    2023$255,989 +17.2%$13,314,518 +16.9%
    2022$218,372 +226.9%$11,388,599 +245%
    2021$66,810 +1.1%$3,301,489 +1.4%
    2020$66,098 +2.1%$3,255,907 +2.3%
    2019$64,741 +4.9%$3,182,705 +1.9%
    2018$61,725 $3,123,362 +2.1%
    2017$61,725 +0.3%$3,059,121 +2.1%
    2016$61,553 +0.7%$2,996,201 +0.7%
    2015$61,146 -1.8%$2,975,374 +0.8%
    2014$62,244 +5.1%$2,951,760 +1.5%
    2013$59,221 0%$2,908,138 +1.7%
    2012$59,222 +1.9%$2,859,527 +3%
    2011$58,107 -23.5%$2,776,240 -18.8%
    2010$75,919 -20.2%$3,419,015 -25.7%
    2009$95,166 +0.4%$4,599,207 -0.8%
    2007$94,820 +307.1%$4,637,706
    2006$23,292 --
    2005$23,292 +2%--
    2004$22,833 +3%--
    2003$22,174 +1.8%--
    2002$21,789 --
    2001$21,789 --
    Find assessor info on the county website

    Neighborhood: Hibiscus Island

    Nearby schools

    GreatSchools rating