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HIBISCUS ISLAND · Miami Beach, FL 33139 → · MLS A12070726
Listed by Agentwise Realty
A RARE HIBISCUS ISLAND DEVELOPMENT OPPORTUNITY. An extraordinary chance to create a landmark custom estate on one of Miami Beach’s most coveted private islands. This rare lot presents a premier canvas for a developer, builder, or end user with the vision to deliver a truly exceptional ultra-luxury residence.
Envision a massive, architecturally significant custom home designed around grand-scale indoor-outdoor living, resort-style entertaining, dramatic interiors, and the elevated lifestyle synonymous with Hibiscus Island. Create a private sanctuary featuring expansive living spaces, a showpiece pool and outdoor oasis, lush tropical landscaping, and bespoke amenities worthy of Miami’s most discerning buyer.
Surrounded by prestigious waterfront estates and just minutes from Miami Beach, South Beach, Downtown Miami, Brickell, world-class dining, shopping, marinas, and nightlife, this is more than a homesite—it is an opportunity to create the next iconic Miami Beach estate.
Bring your architect. Bring your vision. Build something unforgettable.
The propertyAs the MLS records it
ASK JULIAN
205 N Hibiscus Dr, Miami Beach, FL 33139 is no longer on the market. Write here, call or send a WhatsApp: Julian Acosta, real estate advisor with Compass, answers within one business day.
No lists, no obligation.
| Year | Median price per SF | Closed sales |
|---|---|---|
| 2020 | $1,093 | 162 |
| 2021 | $1,134 | 348 |
| 2022 | $1,279 | 194 |
| 2023 | $1,254 | 164 |
| 2024 | $1,478 |
Homes of the same kind on the market nearby, the nearest in price first.
LIVE · MLS · AS OF NOV 1, 2026
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1 / 51The information on this page is supplied by the Southeast Florida Multiple Listing Service of the MIAMI Association of REALTORS®. It is deemed reliable but is not guaranteed accurate by the MLS, and it may have changed since the date above. It is provided for your personal, non-commercial use and may not be used for any purpose other than to identify properties you may be interested in purchasing. This listing is held by Agentwise Realty. Julian Acosta is a real estate advisor with Compass.
A listing shown here may be held by a brokerage other than Compass. To report an error in this listing's information, write to julian.acosta@compass.com.
SOLD · MAY 29, 2026
SOLD · OCT 5, 2026
SOLD · JUN 2, 2026
SOLD · MAY 26, 2026
SOLD · DEC 30, 2025
SOLD · SEP 21, 2026| 170 |
| 2025 | $1,423 | 170 |
|---|
| 2026 to date | $1,586 | 177 |
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These figures are the market's closed sales as the MLS records them: this building's for a unit, a gated community's for a home inside one, and otherwise the sales of this kind of property in the home's market — for a home at $2,000,000 or more, only that market's sales from that price up. Which of these it is, is said above the figures. No snapshot is drawn from fewer than 5 sales of the last twelve months, and a median price per SF is stated only from 3 sales that state a living area. They are not sales by Julian Acosta, they are not an appraisal, and they say nothing of this home's price.
These are the public schools whose attendance zone holds this listing's location, as Miami-Dade County publishes the zones. A zone is not a guarantee of enrollment, the district can change it, and a listing's point on the map can sit a few meters from its lot: confirm the school with Miami-Dade County Public Schools before you rely on it. Distances are straight lines. The page states no rating of any school.
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