$29,900,000list price
5 bd · 5.5 ba House
297 N COCONUT LN, MIAMI BEACH, FL 33139
Listing courtesy of Fortune Christie's International Real Estate. MLS# A11816786.On the MLS · Listed Jun 9
$31,000,000
432 S HIBISCUS DR, MIAMI BEACH, FL 33139
5 beds6.5 baths6,090 sq ftHouseBuilt 2001
Updated today, November 3, 2026This home against Palm & Hibiscus Islands
$5,090 per sq ft, 52% over the Palm & Hibiscus Islands median
203 days on the market
$362,255 in property taxes (2025)
18,295 sq ft lot
Private pool
Waterfront
3 car garage
Palm & Hibiscus Islands today: 16 homes for sale, median list price $18,199,500.
About this home
Set 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.
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 Coldwell Banker Realty. MLS# A12002176.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed April 14, 2026.
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