$620,000
405 N Hibiscus Dr # 204, Miami Beach FL 33139
123 days on marketPrice reduced $55,000 on Sep 23, 2026
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 620 sqft
- Price per sqft
- $1,000
- Type
- Condominium
- Year built
- 1960
- HOA
- $727/mo
- Taxes
- $8,824/yr
- Waterfront
- Yes
- MLS #
- A12044925
About this home
Rarely available Hibiscus Island condominium offering boutique waterfront living in one of Miami Beach's most exclusive gated communities. One of only 20 residences in the building, this 1-bedroom, 1-bath home spans 620 square feet and is surrounded by some of the area's most iconic bayfront estates. The residence features an in-unit washer and dryer, a deeded parking space, and access to outstanding waterfront amenities. Enjoy a bayfront swimming pool, BBQ gazebo, and community dock with rentable boat slips available through the association for an additional fee, ideal for boating and water enthusiasts. Flexible and low-maintenance, this property works beautifully as a primary residence, seasonal getaway, investment property, or lock-and-leave pied-à-terre. It can also serve as a guest suite, home office, or additional living space for nearby Hibiscus, Palm, and Star Island homeowners. Residents benefit from the privacy and security of a guard-gated island, plus access to tennis courts, basketball courts, a playground, and scenic walking and biking streets. Located just minutes from South Beach, Brickell, the Design District, Wynwood, Downtown Miami, major airports, marinas, dining, shopping, and entertainment, this Hibiscus Island condo delivers a rare combination of tranquil island living and central Miami Beach convenience at a price point seldom found on the island.
Estimated subtotal
$1,462/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $735
- HOAMLS association fee, monthly
- $727
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami Beach, 33139
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of The Corcoran Group
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.