What is the asking price and what does it include?

The list price for 360 S Hibiscus Drive, Miami Beach FL 33160 is $49,500,000. The property is a Single Family Residence with 7 bedrooms, 7 bathrooms, approximately 8300 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 360 S Hibiscus Drive, Miami Beach FL 33160 in Miami Beach, 33160. Coordinates are approximately , . 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 49,500,000 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 360 S Hibiscus Drive, 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.

360 S Hibiscus Drive, Miami Beach FL 33139 | Miami-Dade County

Residential Active

360 S Hibiscus Drive, Miami Beach FL 33139 | Miami-Dade County | A12030398

$49,500,000

Description

Step into this stunning waterfront masterpiece where luxury meets sophistication on guard gated Hibiscus Island. This new architectural marvel designed by Kobi Karp offers 8,300 SF of meticulously crafted living space curated by Argent Design blending art & architecture. Inspired by iconic sculptures, this estate pushes the boundaries of design, creating a home that’s not just a place to live, but a living work of art. The entrance sets the tone w/ an architectural stone facade, living green wall, Koi pond & outdoor firepit. With soaring 11’6″ ceilings & exquisite finishes throughout, this will impress the most discerning buyer. 7 bedrooms & 8 total bathrooms provide generous accommodations, while wide plank white oak floors, custom millwork & imported stone create an atmosphere of refined elegance. The SW exposure frames downtown Miami’s skyline & delivers breathtaking sunset views. Your 90FT of water frontage becomes your personal paradise, enhanced by lush tropical landscaping by CLAD Landscape Architecture. Amenities include and commercial elevator which services all 3 levels, Savant system, Bon Vivant kitchen & chefs prep kitchen, outdoor kitchen, resort style pool, generator, custom stone bar w/ built in aquarium, 2 car AC garage & air conditioned rooftop entertainment level w/ the best views Miami has to offer. This 24HR guard-gated community offers tennis, basketball, & playground, just minutes from the best shopping & dining in South Beach & Design District.

Address

Open on Google Maps

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

Details

Updated on June 3, 2026 at 8:19 pm

Property ID A12030398
Price $49,500,000
Property Size 8300 Square Feet
Bedrooms 7
Bathrooms 7
Garages 2
Year Built 2026
Type Single Family Residence
Property Status Residential

Additional details

ArchitecturalStyle Detached, Two Story, Modern/Contemporary
BathroomsFull 6
BathroomsHalf 2
BuildingAreaSource Owner
BuildingAreaUnits Square Feet
BuildingName HIBISCUS ISLAND
CommunityFeatures Gated, Tennis Court(s), Maintained Community, Security Patrol, Sidewalks, Street Lights, Voluntary Hoa
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-06-03
Cooling Central Air
CoveredSpaces 2
DaysOnMarket 0
DirectionFaces North
DoorFeatures High Impact Doors
ExpirationDate 2026-06-10
Fencing Fenced
Flooring Other, Wood
FrontageLength 90
FrontageType Bay
Furnished Furnished
Heating Central
Inclusions Private Dock, Unrestricted Salt Water Access
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Utility Room/Laundry
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 301-602-1172
ListingTerms All Cash, Conventional
LotFeatures 1/4 To Less Than 1/2 Acre Lot
LotSizeSquareFeet 16000
MLSAreaMajor Hibiscus Island
MajorChangeTimestamp June 3, 2026 at 08:16pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp June 3, 2026 at 10:53pm
OnMarketDate 2026-06-03
OriginalEntryTimestamp June 3, 2026 at 08:16pm
OriginalListPrice 49500000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherEquipment Automatic Garage Door Opener
OtherExpense 0
ParcelNumber 02-32-32-006-0150
ParkingFeatures Driveway
PatioAndPorchFeatures Patio
PhotosCount 0
PoolFeatures In Ground
Possession Funding
PostalCode 33139
PriceChangeTimestamp June 3, 2026 at 05:50pm
PropertyCondition New Construction
PublicSurveyRange 32
PublicSurveySection 32
PublicSurveyTownship 32
Roof Concrete, Other
RoomsTotal 0
Sewer Public Sewer
ShowingInstructions See Broker Remarks
SourceSystemKey 504206526
StateOrProvince FL
StatusChangeTimestamp June 3, 2026 at 08:16pm
StreetDirPrefix S
StreetName Hibiscus Drive
StreetNumber 360
StreetNumberNumeric 360
StructureType House
SyndicationRemarks Step into this stunning waterfront masterpiece where luxury meets sophistication on guard gated Hibiscus Island. This new architectural marvel designed by Kobi Karp offers 8, 300 SF of meticulously crafted living space curated by Argent Design blending art & architecture. Inspired by iconic sculptures, this estate pushes the boundaries of design, creating a home that's not just a place to live, but a living work of art. The entrance sets the tone w/ an architectural stone facade, living green wall, Koi pond & outdoor firepit. With soaring 11'6" ceilings & exquisite finishes throughout, this will impress the most discerning buyer. 7 bedrooms & 8 total bathrooms provide generous accommodations, while wide plank white oak floors, custom millwork & imported stone create an atmosphere of refined elegance. The SW exposure frames downtown Miami's skyline & delivers breathtaking sunset views. Your 90FT of water frontage becomes your personal paradise, enhanced by lush tropical landscaping by CLAD Landscape Architecture. Amenities include and commercial elevator which services all 3 levels, Savant system, Bon Vivant kitchen & chefs prep kitchen, outdoor kitchen, resort style pool, generator, custom stone bar w/ built in aquarium, 2 car AC garage & air conditioned rooftop entertainment level w/ the best views Miami has to offer. This 24HR guard-gated community offers tennis, basketball, & playground, just minutes from the best shopping & dining in South Beach & Design District.
TaxAnnualAmount 201036
TaxLegalDescription HIBISCUS ISLAND PB 8-75 LOT 17 & W1/2 LOT 16 & 20FT STR IN BAY ADJ BLK 1 LOT SIZE 90.000 X 175 OR 16502-0923 0994 1
TaxYear 2026
View Bay, Water
WaterSource Municipal Water
WaterfrontFeatures Ocean Access
WindowFeatures Complete Impact Glass, Blinds
YearBuiltDetails New Construction
Zoning 0800