$1,200,000list price
Per sq ft$1,935
1 bd · 1 ba · 620 sq ft Condo or villa
405 N HIBISCUS DR #202, MIAMI BEACH, FL 33139
Listing courtesy of Lifestyle International Realty. MLS# A12073810.On the MLS · Listed Aug 16
$620,000
405 N HIBISCUS DR #204, MIAMI BEACH, FL 33139
1 bed1 bath620 sq ftCondo or villaBuilt 1960
Updated today, November 3, 2026This home against Palm & Hibiscus Islands
$1,000 per sq ft, 70% under the Palm & Hibiscus Islands median
128 days on the market
Price cut $55,000 since it was listed at $675,000
$8,824 in property taxes (2025)
Waterfront
Palm & Hibiscus Islands today: 16 homes for sale, median list price $18,199,500.
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.
Zoned schools
Elementary: Miami Beach South Pointe Elementary School
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Seamans Park, 0.7 mi
Beach: Miami Beach, 2.1 mi
Grocery: Whole Foods Market, 1.4 mi
Distances from the center of Palm & Hibiscus Islands, MIAMI BEACH.
Listing courtesy of The Corcoran Group. MLS# A12044925.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed June 28, 2026.