Condominium for sale

$620,000

405 N Hibiscus Dr #204Miami Beach, FL 33139

  • 1 Beds
  • 1 Baths
  • 620 Sq ft
  • 1960 Built

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.

Details

MLS #
A12044925
Property type
Condominium
Status
Active
Days on market
83
Neighborhood
ISLAND CLUB OF SOUTH BEACH
County
Miami-Dade County
HOA / association fee
$727 monthly
Property taxes
$8,824 (2025)
Waterfront
Yes
Private pool
No
View
Other View
Cooling
Central Air
Interior features
Second Floor Entry
Exterior features
None, Open Balcony
Appliances
Dryer, Electric Range, Refrigerator, Washer

Location

Estimated payment

$4,597/mo with 20% down at 6.5% for 30 years, including taxes and HOA, before insurance.

Adjust in the mortgage calculator

Listing courtesy of The Corcoran Group · Michael Buttacavoli. Listing last updated October 8, 2026 10:13 AM.

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The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated November 2, 2026 11:49 PM.

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