by RH Advisors

See Home Value
$5,050,000
House - Off Market

1925 N Hibiscus Dr

North Miami, FL 33181
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
6173 Sqft
$32,580
Estimated Monthly
$0
HOA / Fees
3.12%
Cap Rate

About This Property

EXCEPTIONAL BRAND NEW TWO STORY WATERFRONT CONSTRUCTION HOME IN KEYSTONE ESTATES. Beautiful over-sized 75' wide waterfront lot with new seawall offering direct ocean access with no fixed bridges. This 6,173 sqft new home features 6 bedrooms, media room, and 5 full bathrooms with one half bath. Spacious backyard comes complete with new pool and spa. Situated in guard gated community of Keystone Estates that offers proximity to shopping, restaurants, beaches and airport. Completion in early 2024.

Selling price $5,050,000 plus buyer paid $974,000 in upgrades separately from HUD.
Unit Size
6,173Ft²
Days on Market
138 days
Land Size
0.19 acres
Price per sqft
$1,021
Property Type
House
Property Taxes
$1,646
HOA Dues
-
Year Built
1950
Last updated: 6 days ago (Miami MLS #A11493514)

Price History

Date / Event Date Event Price
Apr 16, 2024 Sold $5,050,000
Sold
Apr 2, 2024 In contract -
In contract
Dec 6, 2023 Listed by Luxe Living Realty $6,300,000
Listed by Luxe Living Realty
EXCEPTIONAL BRAND NEW TWO STORY WATERFRONT CONSTRUCTION HOME IN KEYSTONE ESTATES. Beautiful over-sized 75' wide waterfront lot with new seawall offering direct ocean access with no fixed bridges. This 6,173 sqft new home features 6 bedrooms, media room, and 5 full bathrooms with one half bath. Spacious backyard comes complete with new pool and spa. Situated in guard gated community of Keystone Estates that offers proximity to shopping, restaurants, beaches and airport. Completion in early…
Nov 30, 2023 No longer available -
No longer available
Nov 30, 2022 Listed by Luxe Living Realty $6,252,740
Listed by Luxe Living Realty
EXCEPTIONAL BRAND NEW TWO STORY WATERFRONT CONSTRUCTION HOME IN KEYSTONE ESTATES. Beautiful over-sized 75' wide waterfront lot with new seawall offering direct ocean access with no fixed bridges. This 6,173 sqft new home features 6 bedrooms, media room, and 5 full bathrooms with one half bath. Spacious backyard comes complete with new pool and spa. Situated in guard gated community of Keystone Estates that offers proximity to shopping, restaurants, beaches and airport. Purchase now and…
Show More

Property Highlights

Garage
Elevator
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Rigid frame bar
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 168
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,475
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,077
  • Gross Building Area: 2,077
  • Building Area: 1,825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,825
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: KEYSTONE POINT
  • Land Acres: 0.195
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: KEYSTONE POINT SEC 2 PB 50-62 LOT 11 BLK 11 LOT SIZE 75.000 X 113 COC 22899-3890 12 2004 6

Ownership

  • Current Owner : 1925 N HIBISCUS LLC
  • Previous Owner : LIM FAMILY TRUST
  • Owner Before Previous Owner: WHITE ANDREA D
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Apr 04, 2024

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: NORTH MIAMI
  • Census Tract: 000120

Zoning

  • Zoning: 0900

Geography

  • Assessors Map Reference: 93
  • District: 06
  • Parcel: 06-2228-008-0970
  • Block: 11
  • Lot: 11
  • Meridian: SEC 28 TWN 52S RNG 42E
  • Municipality: NORTH MIAMI
  • Latitude: 25.8941
  • Longitude: -80.1591

    Address

  • Full Address: 1925 N Hibiscus Dr
  • Address - House Number: 1925
  • Street Direction: N
  • Address - Street Name: Hibiscus
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: North Miami
  • Carrier Code: C067
  • 4-Digit Zip Code: 2353
  • Zip Code: 33181

Valuation

    Tax

  • Total Area: 1,742
  • Tax Year: 2023
  • Tax Amount: $36,987
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 3,585,056
  • High Value: 4,230,077
  • Low Value: 2,940,035

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: C BRIDGE INC
  • First Open Lien Mortgage Recording Date: Jan 26, 2023
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,618,761
  • Market Land Value: $1,292,461
  • Market Improvement Value: $326,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,618,761
  • Assessed Land Value: $1,292,461
  • Assessed Improvements Value: $326,300

    Sales

  • Current Sale Contract Date: Sep 11, 2022
  • Current Sale Recording Date: Sep 27, 2022
  • Current Sale Transaction ID: 11896779323
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 755498
  • Previous Sale Recording Date: Sep 01, 2016
  • Previous Sale Contract Date: Sep 01, 2016
  • Previous Sale Amount: $913,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FLORA LIM
  • Previous Mortgage Transaction Date: Sep 01, 2016
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
7 Baths
5,022 ft²
$1,065/ft²
$5,350,000 Aug 2, 2023
$5,350,000 Oct 23, 2023
$4,330/mo
House
5 Beds
5 Baths
3,538 ft²
$1,413/ft²
$5,000,000 Dec 14, 2023
$5,000,000 Mar 27, 2024
$4,836/mo
House
7 Beds
8 Baths
5,046 ft²
$1,377/ft²
$6,950,000 Dec 29, 2023
-
$2,472/mo
House
7 Beds
8 Baths
6,615 ft²
$892/ft²
$5,900,000 Feb 5, 2024
-
-
Land
Loft
-
-
$5,615,000 Dec 4, 2023
-
$2,246/mo

About North Miami


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Frequently Asked Questions

When was property at 1925 North Hibiscus Drive built and last sold?
The property at 1925 North Hibiscus Drive was built in 1950 and last sold on Sep 11, 2022 for $1,900,000.
How much is this home worth?
The estimated value of the home located at 1925 North Hibiscus Drive is $6,363,000.
What are some comparable homes to 1925 North Hibiscus Drive?
Homes that are comparable to 1925 North Hibiscus Drive include a house property at 12710 Maple Road, 1980 Northeast 124th Street, 13000 Coronado Drive.

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