ActiveMLS® A12002176

$31,000,000

432 S Hibiscus Drive, Miami Beach, FL 33139

Beds: 5
Baths: 7
Sqft: 6,090

Est. payment$206,540/mo

Home type: Single Family Residence
Year built: 2001
Lot size: 18,295 sqft
Price / sqft: $5,090
HOA: $0/mo
Community: HIBISCUS ISLAND

Property description

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.

Listing activity

Days on market: 190
Listed: Apr 16, 2026
MLS listing updated: Jul 7, 2026
Feed last checked: 12 minutes ago

Listed by Jill C Hertzberg · Coldwell Banker Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 7
Bathrooms (decimal): 6.5
Full bathrooms: 6
Half bathrooms: 1

Rooms & features

Rooms: 5
Interior features: Built-in Features, Entrance Foyer, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Flooring: Marble
Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Oven, Refrigerator, Washer, Other
Furnished: Unfurnished
Window features: Arched
Other equipment: Other

Heating & cooling

Heating: Electric
Cooling: Ceiling Fan(s), Central Air, Electric

Property

Parking

Garage spaces: 3
Garage: Yes
Covered spaces: 3
Parking features: Circular Driveway, Covered, Driveway
Attached garage: No

Exterior

Stories: 2
Building area: 8,542 sqft
Entry level: 1
Patio & porch: Patio
Exterior features: Balcony, Built-in Barbecue, Lighting
Pool: Yes
Pool features: Heated, In Ground, Other
View: Bay, Water
Waterfront: Ocean Access, Bay
Waterfront property: Yes

Lot

Lot size: 18,295 sqft
Lot size (acres): 0.42 acres
Lot dimensions: 18463
Zoning: 0800

Construction

Type & style

Home type: Single Family Residence
Year built: 2001
New construction: No

Materials

Construction: CBS
Roof: Barrel
Property condition: Resale
Levels: Two
Faces: East

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: HIBISCUS ISLAND
MLS area: 2320
55+ community: No

Association

Has association: No
Estimated monthly dues: $0
Amenities: Gated, Tennis Court(s), Other

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33139

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12002176
Possession: Negotiable
Original list price: $29,000,000
Parcel number: 0232320060230
Annual property tax: $362,255
Tax year: 2025
Tax legal description: HIBISCUS ISLAND PB 8-75 LOT 28 & LOT 29 LESS THAT PORT OF LOT 29 DESC AS COMM AT NW COR OF LOT 30 TH SELY AD 70FT FOR POB CONT SELY AD 12FT

Additional MLS details

Reported by the listing source

Association Amenities: Gated, Tennis Court(s), Other
Association: No
Bathrooms Total Decimal: 6.5
Bathrooms Total Integer: 7
Building Area Total: 8542
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 190
Direction Faces: East
Elementary School: Miami Beach South Pointe
High School: Miami Beach
List Price: 31000000
Listing Contract Date: 2026-04-16
Living Area: 6090
Lot Size Acres: 0.42
Lot Size Area: 18463
Lot Size Dimensions: 18463
MLSArea Major: 2320
Middle Or Junior School: Miami Beach Nautilus
Mls Status: Active
On Market Date: 2026-04-16
Patio And Porch Features: Patio
Photos Count: 32
Postal Code: 33139
Price Change Timestamp: 2026-07-06T20:53:41Z
Property Sub Type: Single Family Residence
Property Type: Residential
Rooms Total: 5
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-04-16T04:00:00Z
Stories Total: 2
Subdivision Name: HIBISCUS ISLAND
Water Source: Public
Waterfront Features: Ocean Access, Bay
Tax Annual Amount: 362255
Bathrooms Full: 6
Pool Private: Yes
Bedrooms Total: 5
Bathrooms Half: 1

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Apr 16, 2026	ListedMIAMI REALTORS® MLS	$29,000,000$4,762/sqft
Jul 7, 2026	Price updatedMIAMI REALTORS® MLS	$31,000,000$5,090/sqft

Public tax history

Year	Property taxes	Assessment
2025	$362,255	—

Payment calculator

Estimated monthly payment$206,540/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $160,852
Property taxes: $30,188
Insurance: $15,500
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

HIBISCUS ISLAND

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary

—

Miami Beach NautilusMiddle

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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