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$675,000 Coming Soon
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Property Description
Coming Soon! 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-á-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.
Full Property Details
Full Property Details for 405 N Hibiscus Dr #204
General
- Price: $675,000
- HOA FEE: $727/month
- Taxes: $8,824 (2025)
- Status: Coming Soon
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12044925
- Updated: 7/2/2026
- Added to Site: 11 day(s) ago
- Expected Market Date: 6/30/2026
Interior
- Interior Features: Second Floor Entry
- Appliances: Dryer, Electric Range, Refrigerator, Washer
- Furnishings: Furnished, Turn Key Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Other
Additional Information
- Shared Amenities: Basketball Court, Barbecue, Boat Dock, Pool, Tennis Court(s)
- Maint. Includes: Building Exterior, Common Area, Hot Water, Insurance, Landscaping/Lawn Maintenance, Pool Service, Roof Repairs, Sewer, Trash Removal, Water
- Security/Safety: Other
Exterior
- Exterior Features: None, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Parking Features: 1 Space, Deeded, Guest
Location
- Area: Island Club Of South Beach
- County: Miami-Dade County
- Subdivision: ISLAND CLUB OF SOUTH BEACH
- Building Name: ISLAND CLUB OF SOUTH BEAC
School Information
- Elementary School: South Pointe
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: Island Club Of South Beach
- 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: Concrete Block Construction
- Entry Floor Number: 2
- Square Feet: 620
- Living Area: 620 Sq. Ft.
- Year Built: 1960
Lot Features
- Property View: Other View
- Frontage: Bay
Water Features
- Water Front: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,088.71
- Association Fee: $727
- Assoc Fee Freq.: Monthly
- Tax Amount: $8,824
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: ISLAND CLUB OF SOUTH BEACH CONDO UNIT 204 UNDIV 4.3% INT IN COMMON ELEMENTS OFF REC 19894-2055 OR 19951-1642 0901 1 COC 22548-0308 07 2004 1
- Restrictions: Ok To Lease
- Inclusions: Community Boat Dock, Common Dock
- Property ID: 02-32-32-015-0140
Listed by The Corcoran Group
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Schools
Schools serving 405 N Hibiscus Dr #204
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 #204
Date
Details
Price
Change
Source
6/30/2026
Listed
$675,000
255.26%
MLS
1/18/2012
Sold
$190,000
—
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 #204
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
-7%
$266,000
-18%
2022
$5,803
8%
$323,190
14%
2021
$5,375
-3%
$284,100
9%
2019
$5,567
12%
$260,876
10%
2018
$4,986
3%
$237,160
-17%
2017
$4,823
4%
$284,592
44%
2016
$4,653
8%
$197,226
10%
2015
$4,295
18%
$179,297
4%
2014
$3,651
—
$172,480
—
2013
$3,654
—
$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 #204
405 N Hibiscus Dr #204, Miami Beach, FL 33139 (MLS# A12044925) is a Condo property with 1 bedroom and 1 full bathroom. 405 N Hibiscus Dr #204 is currently listed for $675,000 and was received on June 30, 2026. Want to learn more about 405 N Hibiscus Dr #204? 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.

