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432 S Hibiscus Dr, Miami Beach FL 33139

House For Sale
$29,000,000

BTC: 469.25566343

ETH: 16,609.39289805

49 days
Waterfront
5 bds
6 ba
6,090 sqft

Overview

Set on one of Hibiscus Island’s most coveted parcels, this waterfront estate is more than a home—it’s a statement of lifestyle. Wake to sweeping skyline views and end each day with breathtaking sunsets over the bay. Designed for both grand entertaining and effortless living, the residence offers over 6,000 SF of refined interiors where timeless architecture meets modern luxury. Situated on an oversized 18,463 SF lot with 125 FT of prime waterfront, it features a private dock and boat lift with direct Biscayne Bay access. The 5BD/6.5BA home is within a gated, police-guarded community offering tennis, basketball, and a playground. A rare opportunity to own a slice of Hibiscus Island, where every day feels extraordinary. Some images virtually staged.

Location

Details

Type:
Residential
Parking:
Circular Driveway / Covered / Driveway
Year Built:
2001
Lot:
18463 Square Feet
Heating:
Electric
Price/sqft:
$4,762
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$7,222,500
$3.0M – $23.4M
Confidence Low
List vs. estimate
$21.8M above estimate
List $29,000,000 · +301.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$4,761
+325.7% vs. city median $1,118
Based on
8 MLS comparables
+ 25 public-records sales within 0.5 mi
Median actual sale: $11.5M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$362,255
2025
Pool
In Ground
View
Bay, Water
Waterfront
Ocean Access
Garage
3 car garage
All facts and features
  • Flooring

    • Marble

    Heating

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Other Equipment/Appliances

    • Gas Range

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Entrance Foyer

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Wet Bar

    • Den/Library/Office

    • Family Room

    • Great Room

    • Media Room

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 6

  • Parking

    • Circular Driveway

    • Covered

    • Driveway

    Property

    • Exterior Features: Built-In Grill / Lighting / Open Balcony

    Lot

    • Lot: 18463 Square Feet

    Other Property Information

    • Parcel Number: 02-32-32-006-0230

    • Zoning: 0800

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $362,255

  • Source details

    • MLS ID: A12002176

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Utility Room/Laundry

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features: Open Balcony / Patio

    • Pool Features: In Ground / Heated / Other

    • Window Features: Arched Windows

    • Direction Faces: East

    • Architectural Style: Attached / Two Story

    • Waterfront: Yes

    • Garage Spaces: 3

    • Garage: Yes

    • Living Area: 6090

    • Water Source: Municipal Water

    • Subdivision Name: HIBISCUS ISLAND

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty