305-609-4190
360 S Hibiscus Drive, Miami Beach FL 33139
Active Single Family Residence Waterfront

360 S Hibiscus Drive, Miami Beach FL 33139

Miami Beach, FL, 33139

$49,500,000

Est. $250,299/mo (20% down)

7
Beds
7
Baths
8,300
Sq Ft
2026
Year Built
—
Lot Sq Ft
2
Garage

Photo Gallery (93 photos)

About This Property

Step into this stunning waterfront masterpiece where luxury meets sophistication on guard gated Hibiscus Island. This new architectural marvel designed by Kobi Karp offers 8,300 SF of meticulously crafted living space curated by Argent Design blending art & architecture. Inspired by iconic sculptures, this estate pushes the boundaries of design, creating a home that's not just a place to live, but a living work of art. The entrance sets the tone w/ an architectural stone facade, living green wall, Koi pond & outdoor firepit. With soaring 11'6" ceilings & exquisite finishes throughout, this will impress the most discerning buyer. 7 bedrooms & 8 total bathrooms provide generous accommodations, while wide plank white oak floors, custom millwork & imported stone create an atmosphere of refined elegance. The SW exposure frames downtown Miami's skyline & delivers breathtaking sunset views. Your 90FT of water frontage becomes your personal paradise, enhanced by lush tropical landscaping by CLAD Landscape Architecture. Amenities include and commercial elevator which services all 3 levels, Savant system, Bon Vivant kitchen & chefs prep kitchen, outdoor kitchen, resort style pool, generator, custom stone bar w/ built in aquarium, 2 car AC garage & air conditioned rooftop entertainment level w/ the best views Miami has to offer. This 24HR guard-gated community offers tennis, basketball, & playground, just minutes from the best shopping & dining in South Beach & Design District.

Property Details

MLS #

A12030398

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

2026

Days on Market

132

Pool

No

Waterfront

Yes

Price / Sq Ft

$5,964

HOA Fee

None

Est. Insurance

$16,500/mo

Tax Year

2026

Tax Amount

$201,036

Garage

2 Car

Lot Size

—

MLS Area

Hibiscus Island

Subdivision

HIBISCUS ISLAND

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$321,750
Est. Monthly Rent
0.5%
Cap Rate
2.6%
Cash-on-Cash
$257,341
Net Operating Income

ROI Projections (4% Annual Appreciation)

121%
5-Year ROI
Value: $60,224,319
266%
10-Year ROI
Value: $73,272,092
439%
15-Year ROI
Value: $89,146,704

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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