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 25.7837674, -80.1638461. 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.

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Home
Single Family Residence
360 S Hibiscus Drive, Miami Beach FL 33139 | Miami-Dade County | A12030398

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

360 S Hibiscus Drive, Miami Beach FL 33139

Active Residential Active

$49,500,000

77 More

Type
Single Family Residence

7
Bedrooms

7
Bathrooms

2
Garages

8300 Sq Ft
Area Size

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Active Residential Active

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

360 S Hibiscus Drive, Miami Beach FL 33139

$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.

Property Overview

This single-family home in Miami Beach is located at 360 S Hibiscus Drive, in the guard-gated Hibiscus Island neighborhood. The property is part of the Hibiscus Island subdivision and is offered for sale at a price of $49,500,000. The home was built in 2026 and features 7 bedrooms and 8 total bathrooms, including 6 full bathrooms and 2 half bathrooms. The total living area is 8,300 square feet, offering ample space for both private and common areas. Designed by Kobi Karp and curated by Argent Design, the home features an architectural stone facade, a living green wall, a koi pond, and an outdoor firepit near the entrance. The interior includes 11-foot-6-inch ceilings, wide plank white oak floors, custom millwork, and imported stone throughout. The design draws inspiration from iconic sculptures and is intended to function as a living work of art. The home is oriented for a southwest exposure, offering views of downtown Miami's skyline and beautiful sunset views. The outdoor area enhances the home’s connection to the natural setting. All information and details are available for review, and for specific details not included here, potential buyers are encouraged to call 305-859-4733.

Monthly Fees & Carrying Costs

Membership Required: No

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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 July 18, 2026 at 9:41 pm

Property ID A12030398
Price $49,500,000
Property Size 8300 Sq Ft
Bedrooms 7
Room 0
Bathrooms 7
Garages 2
Year Built 2026
Type Single Family Residence
Property Status Active, Residential

Additional details

Flooring Other, Wood
Waterfront Features Ocean Access
Bedroom Features At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
Cooling Central Air
Association Type Voluntary
Building HIBISCUS ISLAND
Area Hibiscus Island
Annual Tax 201036
Association Yes
Private Pool No
Listing Terms All Cash, Conventional
Waterfront Yes
Full Bathrooms 6
Subdivision HIBISCUS ISLAND
Restrictions Ok To Lease
Parking Driveway
Heating Central
Structure Type House
Tax Year 2026
Construction Concrete Block Construction
Covered Spaces 2
Frontage Bay
View Bay, Water
Year Built Details New Construction
Pets Allowed Yes
Inclusions Private Dock,Unrestricted Salt Water Access
Half Bathrooms 2
Patio / Porch Patio
New Construction Yes
Garage Spaces 2
Style WF/Pool/Ocean Access
Lot Size (Sq Ft) 16000
Membership Purchase Required No