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For sale
  • $675,000

    405 N Hibiscus Dr APT 204, Miami Beach, FL 33139

    1beds
    620sqft
    : 
    $5,338/mo
    Get pre-qualified
    Condominium
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $1,089/sqft
    $727/mo HOA

    What's special

    Tennis courtsBasketball courtsCommunity dockBayfront swimming poolIn-unit washer and dryerBbq gazebo
    Rarely available Hibiscus Island condominium offering boutique waterfront living in one of Miami Beach's most exclusive gated communities. One of only 20 residences in the building, this 1-bedroom, 1-bath home spans 620 square feet and is surrounded by some of the area's most iconic bayfront estates. The residence features an in-unit washer and dryer, a deeded parking space, and access to outstanding waterfront amenities. Enjoy a bayfront swimming pool, BBQ gazebo, and community dock with rentable boat slips available through the association for an additional fee, ideal for boating and water enthusiasts. Flexible and low-maintenance, this property works beautifully as a primary residence, seasonal getaway, investment property, or lock-and-leave pied-à-terre. It can also serve as a guest suite, home office, or additional living space for nearby Hibiscus, Palm, and Star Island homeowners. Residents benefit from the privacy and security of a guard-gated island, plus access to tennis courts, basketball courts, a playground, and scenic walking and biking streets. Located just minutes from South Beach, Brickell, the Design District, Wynwood, Downtown Miami, major airports, marinas, dining, shopping, and entertainment, this Hibiscus Island condo delivers a rare combination of tranquil island living and central Miami Beach convenience at a price point seldom found on the island.
    28 days
    |
    825
    |
    27
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Buttacavoli 305-308-5690,

    The Corcoran Group

    Source: MIAMI,MLS#: A12044925MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Electric Range, Refrigerator, Washer
      Features
      • Flooring: Tile
      Interior area
      • Total interior livable area: 620 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: 1 Space, Deeded, Guest
      Features
      • Entry location: Second Floor Entry
      • Exterior features: None, Balcony
      • Pool features: Association
      • Has view: Yes
      • View description: Other
      • Waterfront features: Bay
      • Frontage type: Bay/Harbor
      Details
      • Parcel number: 0232320150140

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete Block Construction
      Condition
      • Year built: 1960

      Community & HOA

      Community
      • Security: Other
      • Application fee: $150
      • Subdivision: Island Club Of South Beach
      HOA
      • Has HOA: Yes
      • Amenities included: Basketball Court, Barbecue, Boat Dock, Pool, Tennis Court(s)
      • HOA fee: $727 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $1,089/sqft
      • Tax assessed value: $597,195
      • Annual tax amount: $8,824
      • Date on market: 6/30/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/2/2026Listed for sale$675,000+255.3%$1,089/sqft
        Source: MIAMI #A12044925 Report a problem
        6/17/2020Listing removed$1,900$3/sqft
        Source: Insignia International Properties #A10851690 Report a problem
        5/27/2020Price change$1,900-1.3%$3/sqft
        Source: Insignia International Properties #A10851690 Report a problem
        4/30/2020Listed for rent$1,925-1.3%$3/sqft
        Source: Insignia International Properties #A10851690 Report a problem
        8/23/2018Listing removed$1,950$3/sqft
        Source: Owner Report a problem
        8/20/2018Listed for rent$1,950+18.2%$3/sqft
        Source: Owner Report a problem
        1/24/2012Sold$190,000+18.8%$306/sqft
        Source: Public Record Report a problem
        1/20/2012Listing removed$1,650$3/sqft
        Source: RECOM, LLC #A1552235 Report a problem
        12/29/2011Listed for rent$1,650-5.7%$3/sqft
        Source: RECOM, LLC #A1552235 Report a problem
        11/21/2011Listing removed$1,750$3/sqft
        Source: RECOM, LLC #A1552235 Report a problem
        11/15/2011Price change$1,750-5.4%$3/sqft
        Source: RECOM, LLC #A1552235 Report a problem
        10/4/2011Price change$1,850-5.1%$3/sqft
        Source: RECOM, LLC #A1552235 Report a problem
        9/23/2011Listed for rent$1,950$3/sqft
        Source: RECOM, LLC #A1552235 Report a problem
        7/20/2011Sold$160,000-31.6%$258/sqft
        Source: Public Record Report a problem
        8/5/2004Sold$234,000+33.6%$377/sqft
        Source: Public Record Report a problem
        2/12/2004Sold$175,100-0.2%$282/sqft
        Source: Public Record Report a problem
        10/11/2001Sold$175,500$283/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,983 +15.7%$389,450 +10%
        2024$7,762 +17.8%$354,046 +10%
        2023$6,589 +10%$321,860 +10%
        2022$5,992 +11.5%$292,600 +10%
        2021$5,375 -6.3%$266,000 -6.4%
        2020$5,739 +3.1%$284,100 +8.9%
        2019$5,567 +11.7%$260,876 +10%
        2018$4,986 $237,160 +10%
        2017$4,986 +9.2%$215,600 +9.3%
        2016$4,567 +6.3%$197,226 +10%
        2015$4,295 +17.6%$179,297 +10%
        2014$3,651 +9.1%$162,998 -5.5%
        2013$3,346 $172,480 +10%
        2012$3,346 +1.6%$156,800 +4.5%
        2011$3,292 +5.1%$149,985 +10%
        2010$3,132 -8.5%$136,350 -15%
        2009$3,424 -32.7%$160,410 -35%
        2007$5,092 +13.4%$246,780
        2006$4,490 --
        2005$4,490 +8.2%--
        2004$4,149 +3.5%--
        2003$4,006 --
        2002-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Hibiscus Island

        Getting around

        1 / 100
        Car-Dependent
        46 / 100
        Some Transit
        37 / 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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