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$1,200,000
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Property Description
Incredible opportunity to own a private island residence on prestigious Hibiscus Island in Miami Beach. This charming one-bedroom, one-bathroom residence is located in the island's only condominium building, surrounded by impressive multimillion-dollar homes and offering a rare combination of privacy, tranquility, and exclusivity. The property features a waterfront swimming pool, BBQ gazebo, one assigned parking space, and additional guest parking. Hibiscus Island offers an exceptional lifestyle with tennis and basketball courts, a playground, and dedicated bike lanes-perfect for enjoying an active yet relaxed island lifestyle. A gated entrance, monitored by the Miami Beach Police Department, provides an added level of security and peace of mind. A rare opportunity to experience the best of Miami Beach island living in a private, secure, and highly sought-after community.
Full Property Details
Full Property Details for 405 N Hibiscus Dr #202
General
- Price: $1,200,000
- HOA FEE: $727/month
- Taxes: $8,983 (2026)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12073810
- Updated: 8/19/2026
- Added to Site: 48 day(s) ago
Interior
- Interior Features: Second Floor Entry, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Microwave
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Primary Bedroom Upstairs
Other Rooms
- Laundry: Washer/Dryer Hook-Up
Additional Information
- Shared Amenities: Basketball Court, Barbecue, Boat Dock, Marina, Pool, Private Pool, Tennis Court(s)
- Maint. Includes: Landscaping/Lawn Maintenance, Legal/Accounting, Parking, Pest Control Interior, Pool Service, Recreation Facilities, Security, Trash Removal, Water
- Security/Safety: Guard At Site, Private Guards, Security Patrol
Exterior
- Exterior Features: Barbecue, Open Balcony, Tennis Court(s)
- Deck/Patio: Deck, Open Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Additional Spaces Available, Assigned
Location
- Area: Island Club Of South Beac
- County: Miami-Dade County
- Subdivision: ISLAND CLUB OF SOUTH BEAC
- Building Name: ISLAND CLUB OF SOUTH BEAT
School Information
- Elementary School: South Pointe
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: Island Club Of South Beac
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Doors: High Impact Doors
- Entry Floor Number: 2
- Building Size: 620
- Square Feet: 620
- Living Area: 620 Sq. Ft.
- Year Built: 1960
- Property Condition: Updated/Remodeled, Completely Renovated
Lot Features
- Property View: Bay, Canal, Intracoastal View, Ocean View, Direct Ocean, Water View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front, Intracoastal Front, Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $1,935.48
- Association Fee: $727
- Assoc Fee Freq.: Monthly
- Tax Amount: $8,983
- Tax Year: 2026
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: ISLAND CLUB OF SOUTH BEACH CONDO UNIT 202 UNDIV 4.3% INT IN COMMON ELEMENTS OFF REC 19894-2055 OR 20948-2170 1202 1 COC 24957-1836 08 2006 1
- Restrictions: Ok To Lease
- Inclusions: Dock Available, Private Dock
- Property ID: 02-32-32-015-0120
Listed by Lifestyle International Realty
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Schools
Schools serving 405 N Hibiscus Dr #202
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 1.8 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.7 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 405 N Hibiscus Dr #202
Date
Details
Price
Change
Source
8/18/2026
Listed
$1,200,000
118.18%
MLS
4/10/2026
Sold
$550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 405 N Hibiscus Dr #202
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,983
16%
$389,450
-18%
2024
$7,762
18%
$477,756
35%
2023
$6,589
23%
$353,893
33%
2021
$5,375
-10%
$266,000
-18%
2022
$5,992
11%
$323,190
14%
2021
$5,375
-11%
$284,100
-5%
2019
$6,033
9%
$299,000
5%
2018
$5,559
-2%
$284,592
—
2017
$5,655
-1%
$284,592
—
2016
$5,711
8%
$284,592
10%
2015
$5,264
44%
$258,720
50%
2014
$3,651
-25%
$172,480
—
2013
$4,863
—
$172,480
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 405 N Hibiscus Dr #202
405 N Hibiscus Dr #202, Miami Beach, FL 33139 (MLS# A12073810) is a Condo property with 1 bedroom and 1 full bathroom. 405 N Hibiscus Dr #202 is currently listed for $1,200,000 and was received on August 18, 2026. Want to learn more about 405 N Hibiscus Dr #202? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

