1 / 32
+27 photosWaterfront home — 432 S Hibiscus Drive · Hibiscus Island · Miami Beach
South Florida Luxury Living
Property Magazine
Your home in print
A magazine dedicated to 432 S Hibiscus Drive, Miami Beach, FL 33139
Dedicated to you and your family.
A photo-rich, always-current edition with the home’s details, neighborhood lifestyle, assigned and nearby schools, ownership planning, and applicable waterfront guidance. Sign in or create a free account and the same edition is rewritten around your household — the schools your children would attend, the boat you keep, the routes you actually drive.
Open property magazine$31,000,000
432 S Hibiscus Drive, Miami Beach, FL 33139
Boat up to approx. 110' LOA — preliminary estimate, verify
Estimate only, not guaranteed. Verify before you buy or sell. Boat length is a preliminary estimate from the water frontage, not a stated dock length — verify the berth before relying on it. Saved Government Cut route. Charted route depth is not a surveyed private-dock depth or confirmed boat draft; uncovered stretches need verification.
Miami Beach, FL, 33139
5 bd · 7 ba · 6,090 sqft · 125 ft of water
Listed by Coldwell Banker Realty
432 S Hibiscus Drive, Miami Beach, FL 33139
Boat up to approx. 110' LOA — preliminary estimate, verify
Estimate only, not guaranteed. Verify before you buy or sell. Boat length is a preliminary estimate from the water frontage, not a stated dock length — verify the berth before relying on it. Saved Government Cut route. Charted route depth is not a surveyed private-dock depth or confirmed boat draft; uncovered stretches need verification.
Listed by Coldwell Banker Realty
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Estimated monthly payment
$210,812/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 $210,812/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 homesSet 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.
Ask Simon about boat size
Boat length limit: 110 ft est. — verify · Dock: Not provided — Ask Simon
min · est.
2.7 nm
low tide depth
Enter draft
bridges on the route
6.9 ft lowest
Run to the ocean
Map © Esri · saved route, planning only
Water depth on the way out
about 4 ft at low tide (estimate, canal not surveyed)
about 5.9 ft at low tide (estimate, canal not surveyed)
Charted route depths do not confirm private dock depth, current shoaling or safe passage; verify with your captain.
Today’s tide · Eastern time
High: 1.9 ft · 12:00 AM ET
Low: 1.9 ft · 12:00 AM ET
Route bridges & sources
Bridges on the route
Fountain St. · fixed · 6.9 ft
Bridge Road · fixed · clearance not provided
Terminal Island · type unconfirmed · clearance not provided
Depth sources
Army Corps survey · Miami Harbor · surveyed Sep 16, 2026 · shallowest 43 ft on your route
NOAA chart (updated weekly)Tides
Tides: NOAA tide predictions, nearest station
Estimate only, not guaranteed. Verify before you buy or sell.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
210 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.)
≈ $210,812/mo
432 S Hibiscus Drive, Miami Beach, FL 33139 · Miami Beach
Location
432 S Hibiscus Drive, Miami Beach, FL 33139
Dock & Draft Match™
125 ft stated water frontage less the local Miami Beach side-line buffers; canal and inlet length limits not provided — Ask Simon
Boat length ~110 ft · preliminary
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 432 S Hibiscus Drive, Miami Beach, FL 33139?+
Property tax (after sale): $47,396/month est.; homeowners insurance: $2,564/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $49,960/month est. Principal and interest: $160,852/month; PMI: $0/month. Total for the payment scenario shown: $210,812/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 432 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 432 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 432 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 432 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 432 S Hibiscus Drive, Miami Beach, FL 33139?+
This listing has been on the market 210 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 · 1.8 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 · 2.3 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?
$31,000,000 · MLS A12002176
$31,000,000
432 S Hibiscus Drive
3045 N Bay Road, Miami Beach, FL 33140
Listed by Compass Florida, LLC
AMD PLAT OF SUNSET LAKE S
4 bd · 5 ba · 3,761 sq ft
$9,595,000
View details
4727 N Bay Road, Miami Beach, FL 33140
Listed by Compass Florida, LLC
NAUTILUS
4 bd · 6 ba · 3,777 sq ft
$8,895,000
View details
5240 N Bay Road, Miami Beach, FL 33140
Listed by BHHS EWM Realty
LA GORCE GOLF SUB
7 bd · 8 ba · 6,413 sq ft
$25,000,000
View details
524 W 47th Street, Miami Beach, FL 33140
Listed by Compass Florida, LLC
SURPRISE LAKE
4 bd · 3 ba · 2,071 sq ft
$1,995,000
View details
5135 Alton Road, Miami Beach, FL 33140
Listed by One Sotheby's International Realty
LAKE VIEW SUB
4 bd · 4 ba · 2,030 sq ft
$2,850,000
View details
1324 Normandy Drive, Miami Beach, FL 33141
Listed by Julies Realty, LLC
OCEANSIDE SEC ISLE OF NOR
4 bd · 3 ba · 1,538 sq ft
$999,000
View details