What is the asking price and what does it include?

The list price for 363 S Hibiscus Dr, Miami Beach FL 33160 is $5,499,000. The property is a Single Family Residence with 5 bedrooms, 4 bathrooms, approximately 2663 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 363 S Hibiscus Dr, Miami Beach FL 33160 in Miami Beach, 33160. Coordinates are approximately 25.7842373, -80.1636386. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami Beach — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 5,499,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 363 S Hibiscus Dr, Miami Beach FL 33160.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

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Home
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Selling
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Contact

Get Pre-Approved !

Home
Buying
Selling
Property Search
Contact

Get Pre-Approved !

Home
Single Family Residence
363 S Hibiscus Dr, Miami Beach FL 33139 | Miami-Dade County | A12015032

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363 S Hibiscus Dr, Miami Beach FL 33139 | Miami-Dade County | A12015032

363 S Hibiscus Dr, Miami Beach FL 33139

Residential Active

$5,499,000

29 More

Type
Single Family Residence

5
Bedrooms

4
Bathrooms

2
Garages

2663 Square Feet
Area Size

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Residential Active

363 S Hibiscus Dr, Miami Beach FL 33139 | Miami-Dade County | A12015032

363 S Hibiscus Dr, Miami Beach FL 33139

$5,499,000

Description

Located on prestigious South Hibiscus Drive, this exceptional corner-lot residence is one of Hibiscus Island’s most desirable non-waterfront opportunities. This meticulously maintained, move-in ready trophy home offers timeless elegance and charm, along with additional easement yard space that creates one of the most impressive non-waterfront lots across Palm and Hibiscus Islands. Surrounded by some of the most valuable real estate in all of Miami, the property offers a rare combination of privacy, scale, and location.

Designed for effortless living and entertaining, the home features five bedrooms, open-concept living spaces, and a flexible media room/office that can also serve as the fifth bedroom. The oversized pool is complemented by a remarkably private backyard with significant green space, lush landscaping, and fruit trees, creating a serene tropical setting rarely found on the islands.

A rare opportunity to secure a turnkey trophy residence at exceptional value within one of Miami Beach’s most prestigious gated communities.

Address

Open on Google Maps

Address: Hibiscus Dr
City: Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33139
Area: HIBISCUS ISLAND

Details

Updated on May 28, 2026 at 4:13 am

Property ID A12015032
Price $5,499,000
Property Size 2663 Square Feet
Bedrooms 5
Bathrooms 4
Garages 2
Year Built 1953
Type Single Family Residence
Property Status Residential

Additional details

ArchitecturalStyle Attached, One Story
BathroomsFull 4
BathroomsHalf 0
BuildingAreaTotal 3544
BuildingAreaUnits Square Feet
BuildingName HIBISCUS ISLAND
CommunityFeatures Tennis Court(s)
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-05-11
Cooling Central Air
CoveredSpaces 2
DaysOnMarket 16
DirectionFaces East
ElementarySchool South Pointe
ExpirationDate 2026-12-31
Flooring Tile
Heating Central
HighSchool Miami Beach
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Utility Room/Laundry
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-926-5322
ListingTerms All Cash, Conventional
LotFeatures 1/4 To Less Than 1/2 Acre Lot
LotSizeSquareFeet 9500
MLSAreaMajor Hibiscus Island
MajorChangeTimestamp May 11, 2026 at 02:51pm
MajorChangeType New
MiddleOrJuniorSchool Nautilus
MlsStatus Active
ModificationTimestamp May 28, 2026 at 01:43am
OnMarketDate 2026-05-11
OriginalEntryTimestamp May 11, 2026 at 02:51pm
OriginalListPrice 5499000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherEquipment Automatic Garage Door Opener
OtherExpense 0
ParcelNumber 02-32-32-005-0470
ParkingFeatures Circular Driveway
PatioAndPorchFeatures Open Porch, Patio
PhotosChangeTimestamp May 28, 2026 at 01:46am
PhotosCount 34
PoolFeatures In Ground
PostalCode 33139
PostalCodePlus4 5177
PriceChangeTimestamp May 7, 2026 at 06:01pm
PublicSurveyRange 32
PublicSurveySection 32
PublicSurveyTownship 32
Roof Other
RoomsTotal 0
Sewer Public Sewer
ShowingInstructions See Broker Remarks
SourceSystemKey 462875826
StateOrProvince FL
StatusChangeTimestamp May 11, 2026 at 02:51pm
StreetDirPrefix S
StreetName Hibiscus Dr
StreetNumber 363
StreetNumberNumeric 363
StructureType Pool Only, House
SyndicationRemarks Located on prestigious South Hibiscus Drive, this exceptional corner-lot residence is one of Hibiscus Island’s most desirable non-waterfront opportunities. This meticulously maintained, move-in ready trophy home offers timeless elegance and charm, along with additional easement yard space that creates one of the most impressive non-waterfront lots across Palm and Hibiscus Islands. Surrounded by some of the most valuable real estate in all of Miami, the property offers a rare combination of privacy, scale, and location. Designed for effortless living and entertaining, the home features five bedrooms, open-concept living spaces, and a flexible media room/office that can also serve as the fifth bedroom. The oversized pool is complemented by a remarkably private backyard with significant green space, lush landscaping, and fruit trees, creating a serene tropical setting rarely found on the islands. A rare opportunity to secure a turnkey trophy residence at exceptional value within one of Miami Beach’s most prestigious gated communities.
TaxAnnualAmount 19431
TaxLegalDescription HIBISCUS ISLAND RESUB PB 34-87 LOT 2 BLK S LOT SIZE 76.000 X 125 OR 20464-0216 06 2002 1
TaxYear 2025
View Garden, Pool
WaterSource Municipal Water
YearBuiltDetails Resale
Zoning 0100