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Luxury home — 3090 Hibiscus Street · Carters Addn To C Gr · Miami
$2,495,000
3090 Hibiscus Street, Miami, FL 33133
Miami, FL, 33133
— bd · 0 ba · — sqft
Listed by United Realty Group Inc
3090 Hibiscus Street, Miami, FL 33133
Listed by United Realty Group Inc
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
About this home
Find similar homesRare Coconut Grove development opportunity on a cleared 10,800-square-foot (90' × 120') double lot extending between Hibiscus Street and Shipping Avenue. Offered with approved architectural plans for four contemporary townhomes—two facing each street—totaling approximately 6,410 square feet of living area and 9,945 square feet including garages and terraces. The existing structure has been demolished, and extensive design and entitlement work has been completed, providing a shovel-ready opportunity and substantial head start toward delivering four individually marketable residences.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 17%
The seller has come down from $3,000,000 to $2,495,000 — a $505,000 reduction since it came on the market.
332 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
3090 Hibiscus Street, Miami, FL 33133 · Miami
Location
3090 Hibiscus Street, Miami, FL 33133
What buyers ask about this home
What are the estimated monthly carrying costs at 3090 Hibiscus Street, Miami, FL 33133?+
Property tax (after sale): $3,079/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 3090 Hibiscus Street, Miami, FL 33133?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 3090 Hibiscus Street, Miami, FL 33133 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 3090 Hibiscus Street, Miami, FL 33133?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 3090 Hibiscus Street, Miami, FL 33133?+
This listing has been on the market 332 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Ponce De Leon Middle School
Middle school · 1.8 mi from this home · 5801 Augusto St, Coral Gables
Coral Gables Senior High School
High school · 0.8 mi from this home · 450 Bird Rd, Coral Gables
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
ST. Stephen'S Episcopal Day School
Elementary · Private · Catholic · Grades PK–5 · Coconut Grove
Carrollton School-Sacred Heart
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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$2,495,000 · MLS A11930393
$2,495,000
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