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+84 photosWaterfront home — 360 S Hibiscus Drive · Hibiscus Island · Miami Beach
South Florida Luxury Living
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Open property magazine$49,500,000
360 S Hibiscus Drive, Miami Beach, FL 33139
Miami Beach, FL, 33139
7 bd · 8 ba · 8,300 sqft · 90 ft of water
Listed by Douglas Elliman
360 S Hibiscus Drive, Miami Beach, FL 33139
Listed by Douglas Elliman
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Estimated monthly payment
$334,668/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $334,668/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesStep 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.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
161 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
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Your costs (est.)
≈ $334,668/mo
360 S Hibiscus Drive, Miami Beach, FL 33139 · Miami Beach
Location
360 S Hibiscus Drive, Miami Beach, FL 33139
Dock & Draft Match™
Boat size needs on-site verification
Boat length up to ~583 ft · verify
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 360 S Hibiscus Drive, Miami Beach, FL 33139?+
Property tax (after sale): $75,680/month est.; homeowners insurance: $2,143/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $77,823/month est. Principal and interest: $256,845/month; PMI: $0/month. Total for the payment scenario shown: $334,668/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 360 S Hibiscus Drive, Miami Beach, FL 33139?+
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 360 S Hibiscus Drive, Miami Beach, FL 33139 need flood insurance, and what drives the premium?+
Most of Miami Beach 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 360 S Hibiscus Drive, Miami Beach, FL 33139?+
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.
What extra costs come with the waterfront at 360 S Hibiscus Drive, Miami Beach, FL 33139?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 360 S Hibiscus Drive, Miami Beach, FL 33139?+
This listing has been on the market 161 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 Beach. Beachside neighborhoods with local dining, Lincoln Road shopping and connections across the causeways to Miami.
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
Miami Beach South Pointe Elementary School
Elementary · 1.7 mi from this home · 1050 4Th St, Miami Beach
Miami Beach Nautilus Middle School
Middle school · 2.8 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 2.2 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Ebenezer Christian Academy II
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$49,500,000 · MLS A12030398
$49,500,000
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