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For sale
    • Price increase: $2M (7/6)
    $31,000,000

    432 S Hibiscus Dr, Miami Beach, FL 33139

    5beds
    6,090sqft
    : 
    $214,266/mo
    Get pre-qualified
    Single Family Residence
    Built in 2001
    0.42 Acres Lot
    $-- Zestimate®
    $5,090/sqft
    $-- HOA

    What's special

    Waterfront estateSweeping skyline viewsTimeless architectureModern luxury
    Set on one of Hibiscus Island’s most coveted parcels, this waterfront estate is more than a home—it’s a statement of lifestyle. Wake to sweeping skyline views and end each day with breathtaking sunsets over the bay. Designed for both grand entertaining and effortless living, the residence offers over 6,000 SF of refined interiors where timeless architecture meets modern luxury. Situated on an oversized 18,463 SF lot with 125 FT of prime waterfront, it features a private dock and boat lift with direct Biscayne Bay access. The 5BD/6.5BA home is within a gated, police-guarded community offering tennis, basketball, and a playground. A rare opportunity to own a slice of Hibiscus Island, where every day feels extraordinary. Some images virtually staged.
    108 days
    |
    2,239
    |
    128
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jill Hertzberg 305-788-5455,

    Coldwell Banker Realty,

    Chaya Mirmelli 305-798-6061,

    Trousdale Realty LLC

    Source: MIAMI,MLS#: A12002176MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Den/Library/Office, Family Room, Great Room, Media Room
      Heating
      • Electric
      Cooling
      • Ceiling Fan(s), Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Other, Gas Range, Refrigerator, Oven, Washer
      • Laundry: Laundry Room
      Features
      • Built-in Features, Entrance Foyer, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
      • Flooring: Marble
      • Windows: Arched Windows
      Interior area
      • Total structure area: 8,542
      • Total interior livable area: 6,090 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Circular Driveway, Covered, Driveway
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Entry location: First Floor Entry,Foyer
      • Patio & porch: Patio
      • Exterior features: Built-in Barbecue, Lighting, Balcony
      • Has private pool: Yes
      • Pool features: In Ground, Heated, Other
      • Has view: Yes
      • View description: Bay, Water
      • Has water view: Yes
      • Water view: Bay,Water
      • Waterfront features: Ocean Access, WF/Pool/Ocean Access, Bay
      • Frontage type: Bay/Harbor
      • Frontage length: 125
      Lot
      • Size: 0.42 Acres
      • Features: 1/4 To Less Than 1/2 Acre Lot
      Details
      • Parcel number: 0232320060230
      • Zoning: 0800
      • Other equipment: Other

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS Construction
      • Roof: Barrel Roof
      Condition
      • Year built: 2001

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Municipal Water

      Community & HOA

      Community
      • Features: Tennis Court(s), Gated, Other, Other Subdiv/Park Info
      • Subdivision: Hibiscus Island
      HOA
      • Has HOA: No
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $5,090/sqft
      • Tax assessed value: $20,235,521
      • Annual tax amount: $362,255
      • Date on market: 4/16/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/24/2026Price change$78,000-8.2%$13/sqft
        Source: MIAMI #A11967769 Report a problem
        7/6/2026Price change$31,000,000+6.9%$5,090/sqft
        Source: MIAMI #A12002176 Report a problem
        4/16/2026Listed for sale$29,000,000-3.3%$4,762/sqft
        Source: MIAMI #A12002176 Report a problem
        2/25/2026Listed for rent$85,000$14/sqft
        Source: MIAMI #A11967769 Report a problem
        2/5/2026Listing removed$85,000$14/sqft
        Source: MIAMI #A11818446 Report a problem
        12/21/2025Price change$85,000-5.6%$14/sqft
        Source: MIAMI #A11818446 Report a problem
        12/17/2025Listed for rent$90,000+5.9%$15/sqft
        Source: MIAMI #A11818446 Report a problem
        12/16/2025Listing removed$85,000$14/sqft
        Source: MIAMI #A11922748 Report a problem
        12/7/2025Listed for rent$85,000-5.6%$14/sqft
        Source: MIAMI #A11922748 Report a problem
        12/7/2025Listing removed$90,000$15/sqft
        Source: MIAMI #A11818446 Report a problem
        12/2/2025Price change$90,000-18.2%$15/sqft
        Source: MIAMI #A11818446 Report a problem
        10/27/2025Price change$110,000+37.5%$18/sqft
        Source: MIAMI #A11818446 Report a problem
        6/17/2025Price change$80,000-20%$13/sqft
        Source: MIAMI #A11818446 Report a problem
        6/13/2025Listed for rent$100,000+25%$16/sqft
        Source: MIAMI #A11818446 Report a problem
        6/6/2025Listing removed$80,000$13/sqft
        Source: MIAMI #A11749638 Report a problem
        4/28/2025Listing removed$30,000,000$4,926/sqft
        Source: MIAMI #A11153141 Report a problem
        4/23/2025Price change$80,000-5.9%$13/sqft
        Source: MIAMI #A11749638 Report a problem
        3/7/2025Price change$85,000-15%$14/sqft
        Source: MIAMI #A11749638 Report a problem
        2/25/2025Listed for rent$100,000+5.3%$16/sqft
        Source: MIAMI #A11749638 Report a problem
        10/11/2024Listing removed$95,000$16/sqft
        Source: MIAMI #A11367902 Report a problem
        5/9/2024Listed for sale$30,000,000$4,926/sqft
        Source: MIAMI #A11079819 Report a problem
        5/7/2024Contingent$30,000,000$4,926/sqft
        Source: MIAMI #A11079819 Report a problem
        5/6/2024Listed for rent$95,000$16/sqft
        Source: MIAMI #A11367902 Report a problem
        4/27/2024Price change$30,000,000+7.1%$4,926/sqft
        Source: MIAMI #A11153141 Report a problem
        10/31/2023Listed for sale$28,000,000+33.3%$4,598/sqft
        Source: MIAMI #A11079819 Report a problem
        7/26/2021Sold$21,000,000+162.5%$3,448/sqft
        Source: MIAMI #A11077554 Report a problem
        7/11/2013Sold$8,000,000+809.1%$1,314/sqft
        Source: Public Record Report a problem
        12/5/1997Sold$880,000$144/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$383,815 -5.8%$20,235,520 -5.2%
        2024$407,255 +5.4%$21,339,696 +10%
        2023$386,305 +15.1%$19,399,724 +10%
        2022$335,503 +73.2%$17,636,112 +87.7%
        2021$193,737 +14.7%$9,394,374 +10%
        2020$168,938 +6.4%$8,540,340 +6.7%
        2019$158,769 +7.6%$8,007,286 +4.5%
        2018$147,528 $7,658,859 +1.2%
        2017$147,528 -7.7%$7,569,084 +10%
        2016$159,869 +17.3%$6,880,986 +10%
        2015$136,246 +15.1%$6,255,442 +10%
        2014$118,374 +89.2%$5,686,766 +85%
        2013$62,570 0%$3,074,496 +1.7%
        2012$62,570 +1.9%$3,023,104 +3%
        2011$61,395 -16.3%$2,935,053 -11.2%
        2010$73,383 +25.5%$3,304,097 +17.3%
        2009$58,477 +4.7%$2,815,656 +4.1%
        2007$55,847 -11.8%$2,705,917
        2006$63,316 --
        2005$63,316 +1.4%--
        2004$62,434 -16.6%--
        2003$74,878 +304.2%--
        2002$18,525 --
        2001$18,525 --
        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

        1 / 100
        Car-Dependent
        46 / 100
        Some Transit
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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