See Home Value
$5,276,920*
House - Off Market

185 S Hibiscus Dr

Miami Beach, FL 33139
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
2894 Sqft
$4,725,000 - $5,775,000
Reference Base Price*
0.51%
Since Oct 1, 2023
FL-Miami
Primary Model
Sold Sep 14, 2023
$5,100,000
Sold Oct 26, 2020
$1,235,000
$600,000 by Everglades Capital Holdings Ll
Mortgage

About This Property

Step Inside With Me! Presenting this completely renovated modern home nestled in the tropical and highly coveted Hibiscus Island. Situated on a 9,500 SF corner lot, the chic interiors feature an open floorplan with multiple sitting areas. Gorgeous millwork and custom build-ins throughout. A sleek kitchen by Italkraft with an oversized chef's island, European cabinetry, & marble counters by Opustone offer an elevated dining experience. The primary suite is appointed with 2 walk-in closets, steam shower + soaking tub, and its own terrace. The home transitions to an expansive yard with a new heated saltwater swimming pool, sundeck, and privacy landscaping. Residents of this 24/7 guard gated community enjoy tennis and basketball courts, playground & proximity to South of 5th & Downtown Miami.

The manager has listed the unit size as 2894 square feet.
Unit Size
2,894Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,814
Property Type
House
Property Taxes
$2,805
HOA Dues
$975
Year Built
1957

Price History

Date / Event Date Event Price
Sep 14, 2023 Sold $5,100,000
Sold
Sep 9, 2023 No longer available -
No longer available
Aug 9, 2023 In contract -
In contract
Jul 26, 2023 Listed $5,250,000
Listed
Jun 19, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 760
  • Total Building Area: 3,008
  • Gross Building Area: 3,008
  • Building Area: 2,758
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,758
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIBISCUS ISLAND RESUB
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 32 53 42 4-5 54 42 HIBISCUS ISLAND RESUB PB 34-87 LOT 2 BLK L LOT SIZE 76.000 X 125 OR 14221-2169 0889 1

Ownership

  • Current Owner : 185 SOUTH HIBISCUS LLC
  • Previous Owner : FELS ASHLEY
  • Previous Owner 2: FELS JONATHAN
  • Owner Before Previous Owner: PASCOE EDWARD D
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004102

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 182
  • District: 02
  • Parcel: 02-3232-005-0230
  • Block: L
  • Lot: 2
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7826
  • Longitude: -80.16

    Address

  • Full Address: 185 S Hibiscus Dr
  • Address - House Number: 185
  • Street Direction: S
  • Address - Street Name: Hibiscus
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5178
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 2,841
  • Tax Year: 2023
  • Tax Amount: $34,527
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1819
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 3,855,290
  • High Value: 4,556,813
  • Low Value: 3,153,767

    Market Valuation

  • Market Total Value: $2,231,890
  • Market Land Value: $1,976,000
  • Market Improvement Value: $255,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,713,548

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Sep 14, 2023
  • Current Sale Transaction ID: 11913310086
  • Current Sale Price: $5,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 646805
  • Previous Sale Recording Date: Oct 26, 2020
  • Previous Sale Contract Date: Oct 15, 2020
  • Previous Sale Amount: $1,235,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: EVERGLADES CAPITAL HOLDINGS LL
  • Previous Mortgage Transaction Date: Oct 26, 2020
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4.5 Baths
2,741 ft²
$2,005/ft²
$5,495,000 May 11, 2023
-
$4,646/mo
Condo
2 Beds
2.5 Baths
2,282 ft²
$1,862/ft²
$4,250,000 Dec 1, 2022
-
$3,233/mo

About Star, Palm and Hibiscus Islands


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Frequently Asked Questions

When was property at 185 South Hibiscus Drive built and last sold?
The property at 185 South Hibiscus Drive was built in 1957 and last sold on Sep 6, 2023 for $5,100,000.
How much is this home worth?
The estimated value of the home located at 185 South Hibiscus Drive is $5,508,606.
What are some comparable homes to 185 South Hibiscus Drive?
There are currently no comparable homes to 185 South Hibiscus Drive.

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