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405 N Hibiscus Dr 204, Miami Beach FL 33139
405 N Hibiscus Dr 204, Miami Beach FL 33139
Florida>Miami Beach>Hibiscus Island

405 N Hibiscus Dr 204Miami Beach, FL 33139

For Sale

$620,000

Smart Buyer Rebate $6,200

Rarely available Hibiscus Island condominium offering boutique waterfront living in one of Miami Beach's most exclusive gated communities. One of only 20 residences in the building, this 1-bedroom, 1-bath home spans 620 square feet and is surrounded by some of the area's most iconic bayfront estates.

The residence features an in-unit washer and dryer, a deeded parking space, and access to outstanding waterfront amenities. Enjoy a bayfront swimming pool, BBQ gazebo, and community dock with rentable boat slips available through the association for an additional fee, ideal for boating and water enthusiasts.

Flexible and low-maintenance, this property works beautifully as a primary residence, seasonal getaway, investment property, or lock-and-leave pied-à-terre. It can also serve as a guest suite, home office, or additional living space for nearby Hibiscus, Palm, and Star Island homeowners.

Residents benefit from the privacy and security of a guard-gated island, plus access to tennis courts, basketball courts, a playground, and scenic walking and biking streets. Located just minutes from South Beach, Brickell, the Design District, Wynwood, Downtown Miami, major airports, marinas, dining, shopping, and entertainment, this Hibiscus Island condo delivers a rare combination of tranquil island living and central Miami Beach convenience at a price point seldom found on the island.

Listed by Michael Buttacavoli

·

License #3526928

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The Corcoran Group

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305-308-5690

Last updated October 08, 2026

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Source: SEF #A12044925

Listing Facts

  • TypeCondo
  • NeighborhoodHibiscus Island
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu123
  • HOA/Maint. Fees$727/month
  • Taxes$8,824/year
  • Size620 sqft
  • Price per sqft$1,000

Amenities

  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

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Listing History

09/24/2026
Price Decreased
$620,000
06/30/2026
Listed by The Corcoran Group
$675,000
  1. 09/24/2026$620,000
    Price Decreased
  2. 06/30/2026$675,000
    Listed by The Corcoran Group

Property Details for 405 N Hibiscus Dr 204

Association

Amenities

  • Association Amenities: Boating, Basketball Court, Boat Dock, Barbecue, Picnic Area, Pool, Tennis Court(s), Hot Water
  • Pets Allowed: Yes

Fees

  • Association Fee: $727.00 Monthly
  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1960
  • Year Built Details: Resale
  • Construction Materials: Block
  • Entry Level: 2
  • Entry Location: 2
  • Exterior Features: Balcony

Features

  • Pool Features: Association
  • View: Other
  • Waterfront: Yes

Measurements

  • Lot Features: Waterfront
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-32-015-0140
  • Tax Annual Amount: $8,824.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Flooring: Tile
  • Interior Features: Other

Measurements

  • Living Area: 620

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1

Other

Location

  • Subdivision Name: ISLAND CLUB OF SOUTH BEACH

Parking

Parking

  • Parking Features: Deeded, Guest

Schools

Elementary School

  • Elementary School: South Pointe

High School

  • High School: Miami Beach

Middle or Junior School

  • Middle Or Junior School: Nautilus

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1 bathroom in this condo at 405 N Hibiscus Dr 204.

What schools are nearby to 405 N Hibiscus Dr 204?

Nearby schools include the South Pointe Elementary School, Nautilus Middle School, and Miami Beach High School.

Are pets allowed at 405 N Hibiscus Dr?

Yes, 405 N Hibiscus Dr allows pets.

What are the annual taxes for 405 N Hibiscus Dr 204?

Annual taxes for this condo are estimated at $8,824.

How does 405 N Hibiscus Dr 204 compare to other condos in Hibiscus Island?

This condo is listed 60% below the average price for condos in Hibiscus Island and has been on the market for 119 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 620 sqft.

405 N Hibiscus Dr 204 is a 1-bedroom, 1-bath condo for sale in Miami Beach FL 33139. Listed on Prevu for 123 days at $620,000. This includes a recent price decrease of $55,000. This property features 620 square feet of living space, located in Hibiscus Island. The median listing price for condos in this area is $16,400,000. Nearby schools include South Pointe Elementary School, Nautilus Middle School, and Miami Beach High School. Property amenities include pets allowed, air conditioning, parking, swimming pool, and washer/dryer. Explore more condo listings in Miami Beach.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.