Location & Price! The best of both worlds. This never before listed premier Hibiscus Island property is now available and perfect for someone looking to knock down and create their own style Dream house of waterfront property with the best sticker price. This timeless piece is within 5 minutes driving to Miami's Beaches, Cruise lines and Miami's Downtown area. The island offers private tennis courts and playground for their residents. Property will require the seawall to be repaired. Except for seawall repairs the house is charming with unique characters of the 1950's.
Sold for $8,750,000
$8,750,000
290 S Hibiscus Dr, Miami Beach, FL 33139
3beds
1,792sqft
Single Family Residence
Built in 1954
10,500 Square Feet Lot
$10,297,300 Zestimate®
$4,883/sqft
$7,647 Estimated rent
Home value
$10,297,300
$8.86M - $12.05M
$7,647/mo
Zestimate® history
Owner options
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$7,647/mo
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$7,647/mo
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$61,204/mo
Est. payment
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$61,204/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Margarita Lozano 305-401-2034,
Dream Life Realty
Bought with:
Alexa Iacovelli, 3352544
Luxe Living Realty
Source: MIAMI,MLS#: A11555001
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Florida Room
Heating
- None
Cooling
- None
Appliances
- Included: Electric Range, Refrigerator, Washer
Features
- Flooring: Tile
Interior area
- Total structure area: 2,607
- Total interior livable area: 1,792 sqft
Property
Parking
- Total spaces: 1
- Parking features: Circular Driveway, Driveway
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry
- Patio & porch: Open Porch
- Exterior features: Lighting, Room For Pool
- Fencing: Fenced
- Has view: Yes
- View description: Bay, Water
- Has water view: Yes
- Water view: Bay,Water
- Waterfront features: WF/Ocean Access, Bay
- Frontage type: Bay/Harbor
- Frontage length: 60
Lot
- Size: 10,500 Square Feet
- Features: 1/4 To Less Than 1/2 Acre Lot
- Residential vegetation: Fruit Trees
Details
- Parcel number: 0232320060080
- Zoning: 0800
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS Construction
- Roof: Barrel Roof
Condition
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: Hibiscus Island
HOA
- Has HOA: Yes
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $4,883/sqft
- Tax assessed value: $7,085,891
- Annual tax amount: $15,065
- Date on market: 3/12/2024
- Listing terms: All Cash
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2024 | Sold | $8,750,000-7.9%$4,883/sqft |
Source:  MIAMI #A11555001 Report a problem | ||
| 7/4/2024 | Pending sale | $9,500,000$5,301/sqft |
Source: MIAMI #A11555001 Report a problem | ||
| 4/17/2024 | Contingent | $9,500,000$5,301/sqft |
Source: MIAMI #A11555001 Report a problem | ||
| 3/27/2024 | Listed for sale | $9,500,000$5,301/sqft |
Source: MIAMI #A11555001 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $135,918 +783.7% | $7,085,891 +906.3% |
| 2024 | $15,381 +2.1% | $704,123 +3% |
| 2023 | $15,065 +3% | $683,615 +3% |
| 2022 | $14,620 +4.1% | $663,704 +3% |
| 2021 | $14,043 +1% | $644,373 +1.4% |
| 2020 | $13,904 +1.9% | $635,477 +2.3% |
| 2019 | $13,639 +5% | $621,190 +1.9% |
| 2018 | $12,992 | $609,608 +2.1% |
| 2017 | $12,992 -1.6% | $597,070 +2.1% |
| 2016 | $13,204 +7.9% | $584,790 +0.7% |
| 2015 | $12,239 -2.2% | $580,725 +0.8% |
| 2014 | $12,514 +3.3% | $576,117 +1.5% |
| 2013 | $12,111 0% | $567,603 +1.7% |
| 2012 | $12,111 +2.1% | $558,116 +3% |
| 2011 | $11,858 -3.2% | $541,861 +1.5% |
| 2010 | $12,254 +8.9% | $533,854 +2.7% |
| 2009 | $11,250 +3% | $519,819 +8.5% |
| 2007 | $10,923 -9.7% | $479,175 |
| 2006 | $12,103 | -- |
| 2005 | $12,103 +2.9% | -- |
| 2004 | $11,762 +3% | -- |
| 2003 | $11,423 +1.3% | -- |
| 2002 | $11,274 | -- |
| 2001 | $11,274 | -- |
Find assessor info on the county website
Neighborhood: Hibiscus Island
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10South Pointe Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 2.8 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 2.1 mi
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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Estimated market value
$10,297,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$10,297,300
- Florida
- Miami-Dade County
- Miami Beach
- 33139
- Hibiscus Island
- 290 S Hibiscus Dr
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