420 N Hibiscus Dr, Miami Beach FL 33139 | Miami-Dade County | A12024825
- $9,400,000
- $9,400,000
Description
A turnkey modern masterpiece by award-winning architect Ralph Choeff, located on the coveted guard-gated Hibiscus Island. Newly completed, this residence impresses with a dramatic 20-foot glass foyer, floating staircase, and wide-plank white oak floors. Natural light fills the open-concept layout, seamlessly blending indoor and outdoor living. The sleek MiaCucina kitchen is equipped with Wolf and Sub-Zero appliances, while additional highlights include an Apple smart home system, private elevator, gym, sauna, resort-style pool, and expansive entertaining spaces designed for elevated comfort and ease.
The luxurious primary suite features dual ensuite baths and custom walk-in closets, while the rooftop terrace captures breathtaking 360-degree views of the Miami skyline. This fully turnkey residence offers exceptional value on the prestigious Hibiscus, Palm, and Star Islands, where residents enjoy exclusive island amenities including tennis courts, basketball courts, and a children’s playground. Ideally located just five minutes from Brickell, Downtown Miami, Edgewater, and South Beach, this home combines privacy, prestige, and convenience within one of Miami Beach’s most desirable enclaves.
Property Overview
This is a 5-bedroom, 6.5-bath home of about 5642 square feet at 420 N Hibiscus Dr, Miami Beach FL 33139 (Miami Beach 33139), listed at $9,400,000.
Monthly Costs, Stated Plainly
This home has no mandatory HOA (single-family / no association on record).
The tax of record is $115,319 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $188,000/yr (≈ $15,667/mo); with the homestead exemption on a primary residence, about $187,000/yr (≈ $15,583/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The home at 420 N Hibiscus Dr is listed at $9,400,000 and is offered fully furnished — this includes all furniture, fixtures, and built-in appliances, which convey with the sale. The property features a private heated pool with automatic chlorination, while community amenities (available upon request) are separate from the home itself.
For precise details on inclusions or to schedule a private tour, contact Christopher Lazaro, Miami Beach Real Estate Agent, directly to verify current offerings and discuss this exceptional opportunity.
Where exactly is it, and what should I know about the location?
420 N Hibiscus Dr is a premier Miami Beach residence in the 33139 zip code, positioned along the coveted coastal corridor just minutes from the Atlantic Ocean. This exclusive enclave offers proximity to South Beach’s vibrant dining and cultural scene while maintaining a serene, residential ambiance. For precise insights on accessibility, seasonal traffic patterns, or hyperlocal amenities, contact Christopher Lazaro, Miami Beach Real Estate Agent, directly — his expertise ensures you’ll evaluate this $9,400,000 property with confidence.
What are the HOA / association fees, and what do they cover?
420 N Hibiscus Dr is a single-family home with no mandatory HOA or association fees — the owner handles all utilities, landscaping, and upkeep independently. While there’s no shared cost structure, the property remains subject to Miami Beach city ordinances; review regulations like noise or renovation rules in the municipal code. For full clarity on local requirements or comparable homes with HOAs, contact Christopher Lazaro, Miami Beach Real Estate Agent, for verified insights.
What are the property taxes and homestead implications?
The property at 420 N Hibiscus Dr has a 2025 tax of record at $115,319. As an estimate only — Florida reassesses taxes at sale — at the $9,400,000 list price and Miami-Dade’s approximate 2.0% rate: without homestead, expect around $188,000/yr (≈ $15,667/mo); with Florida’s homestead exemption (which reduces taxable value only for primary residences), roughly $187,000/yr (≈ $15,583/mo). These are projections, not guarantees — always confirm with the Miami-Dade Property Appraiser and a tax specialist. For precise figures tailored to your situation, contact Christopher Lazaro, Miami Beach Real Estate Agent.
Is the home in a flood zone, and what does that mean?
420 N Hibiscus Dr is in a FEMA-designated flood zone, which indicates its risk level for potential flooding. Flood zones like AE or VE (common in coastal areas) signal higher risk, often requiring lenders to mandate flood insurance—details are clearly outlined in FEMA's flood zone definitions. To check this property's specific designation, view the FEMA flood map for this address. For personalized guidance on insurance implications or due diligence, consult Christopher Lazaro, Miami Beach Real Estate Agent, who can clarify protections for your investment.
Are pets allowed?
As a single-family home at 420 N Hibiscus Dr, this property has no condo or HOA restrictions—pet allowances are solely at the owner's discretion, guided by Miami-Dade County ordinances and any active lease terms. Documented service animals and emotional support animals (ESAs) are protected under federal law. For precise guidance on this or any other detail, contact Christopher Lazaro, Miami Beach Real Estate Agent, to confirm.
How is the price set and is there room to negotiate?
In Miami-Dade's current market, single-family homes are closing at 95% of original list price, averaging 41 days to contract (MIAMI REALTORS®, May 2026). For 420 N Hibiscus Dr, we anchored the $9,400,000 list to a hyperlocal CMA of Miami Beach's recent waterfront comps—but I’ll prepare a fresh CMA before you draft an offer, as beachfront dynamics shift weekly. Let’s verify your strategy with Christopher Lazaro, Miami Beach Real Estate Agent, who tracks these nuances daily.
What financing step do you recommend before touring?
Before touring 420 N Hibiscus Dr, I strongly recommend securing a pre-approval from a Florida Licensed Mortgage Loan Originator. This not only clarifies your budget for a property like this $9,400,000 home but also positions you as a serious buyer in competitive markets. Reach out to me, Christopher Lazaro, Miami Beach Real Estate Agent, and I’ll connect you with trusted lenders to streamline the process—let’s ensure you’re prepared to move confidently.
Monthly Fees & Carrying Costs
- Membership Required: No
Have a question about this Miami Beach listing?
Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Hibiscus Dr
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City: Miami Beach
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Zip/Postal Code: 33139
Details
Updated on July 3, 2026 at 4:40 pm-
Property ID A12024825
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Price $9,400,000
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Property Size 5642 Sq Ft
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Bedrooms 5
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Room 0
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Bathrooms 6.5
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Year Built 2019
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Property Status Active, Residential
Additional details
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Flooring Other, Wood
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Bedroom Features Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
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Cooling Central Air, Electric
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Association Type None, Voluntary
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Building HIBISCUS ISLAND
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Area Hibiscus Island
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Annual Tax 115319
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Association Yes
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Elementary School South Pointe
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 6
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Subdivision HIBISCUS ISLAND
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Restrictions No Restrictions, Ok To Lease
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Parking Circular Driveway, Covered, Driveway
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Heating Central, Electric
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Structure Type Pool Only, House
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Tax Year 2025
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Construction CBS Construction
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Building Area 6298
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Covered Spaces 3
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Middle School Nautilus
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View Intracoastal View, Water
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Year Built Details Effective Year Built
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High School Miami Beach
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Pets Allowed Yes
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Half Bathrooms 1
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Flood Zone AE
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Patio / Porch Open Balcony, Patio
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New Construction No
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Garage Spaces 3
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Style Pool Only
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Lot Size (Sq Ft) 10387
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Membership Purchase Required No
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