See Home Value
$27,617,696*
House - Off Market

224 S Hibiscus Dr

Miami Beach, FL 33139
bedrooms
6 Beds
bathrooms
8 Baths, 1 Half Bath
square feet
7335 Sqft
$18,810,000 - $22,990,000
Reference Base Price*
32.14%
Since Sep 1, 2021
FL-Miami
Primary Model
Sold Sep 15, 2021
$16,750,000
$10,350,000 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2051
Sold Jul 09, 2013
$8,695,900
$5,200,000 by Cynthia A Rodriguez
Mortgage

About This Property

Stunning Modern Home located on the prestigious Hibiscus Island with a 24/7 guard gate and patrol. This 7,700 SF estate sits on a 18,800 SF lot with a breathtaking views to Downtown Miami and Brickell, which provide for an amazing sunset everyday. This home features 6 bedrooms, 7.5 bathrooms, with masterfully designed open living, dining & family areas. Impeccable outdoor areas that features a full summer kitchen, an oversized swimming pool, and private dock for a boat up to 75 feet. A must see!

The manager has listed the unit size as 7335 square feet.
Unit Size
7,335Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$2,849
Property Type
House
Property Taxes
$13,358
HOA Dues
-
Year Built
2012

Price History

Date / Event Date Event Price
Aug 25, 2021 No longer available -
No longer available
May 1, 2021 Price Increased $20,900,000
↑ $2M (10.6%)
Price Increased
Feb 9, 2021 Listed $18,900,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 3
  • Bedroom Count: 6
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 18,814
  • Total Building Area: 7,625
  • Gross Building Area: 7,625
  • Building Area: 7,155
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,155
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIBISCUS ISLAND
  • Land Acres: 0.432
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIBISCUS ISLAND PB 8-75 LOT 1 LESS PORT LYG ON R/W BLK 1 LOT SIZE 18814 SQ FT

Ownership

  • Current Owner : COOPER FLORIDA ESTATES II LLC
  • Previous Owner : 224 HOLDINGS LLC
  • Owner Before Previous Owner: RODRIGUEZ CYNTHIA A
  • 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: 0800

Geography

  • Assessors Map Reference: 182
  • District: 02
  • Parcel: 02-3232-006-0010
  • Block: 1
  • Lot: 1
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7826
  • Longitude: -80.1612

    Address

  • Full Address: 224 S Hibiscus Dr
  • Address - House Number: 224
  • Street Direction: S
  • Address - Street Name: Hibiscus
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5132
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 6,770
  • Tax Year: 2023
  • Tax Amount: $277,830
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 83,907
  • High Value: 91,788
  • Low Value: 76,025

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $10,350,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $10,350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $15,435,526
  • Market Land Value: $10,413,549
  • Market Improvement Value: $5,021,977

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,060,317

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Transaction ID: 11857474600
  • Current Sale Price: $16,750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0681656
  • Previous Sale Recording Date: Jul 09, 2013
  • Previous Sale Contract Date: Jul 01, 2013
  • Previous Sale Amount: $8,695,900
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CYNTHIA A RODRIGUEZ
  • Previous Mortgage Transaction Date: Jul 09, 2013
  • Previous Mortgage Loan Amount: $5,200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
6.5 Baths
4,896 ft²
$4,065/ft²
$19,900,000 Oct 25, 2022
-
$5,787/mo
House
5 Beds
5.5 Baths
7,558 ft²
$2,382/ft²
$18,000,000 Oct 28, 2021
-
$2,013/mo
House
5 Beds
7 Baths
-
$21,900,000 Oct 21, 2021
-
$6,637/mo
House
3 Beds
4 Baths
3,646 ft²
$5,787/ft²
$21,100,000 Nov 9, 2022
-
$2,317/mo
Land
Loft
-
-
$20,999,000 Jun 3, 2022
-
$21,090/mo

About Star, Palm and Hibiscus Islands


Similar Homes for Sale

Unit for sale at 1330 South Venetian Way, Miami, FL 33139

$20,999,000

  • Land
1330 South Venetian Way, Miami, FL 33139 Listing by Dina Goldentayer
Unit for sale at 345 North Hibiscus Drive, Miami  Beach, FL 33139

$21,100,000

  • 3 Beds
  • 4 Baths
  • 3,646 ft²
345 North Hibiscus Drive, Miami Beach, FL 33139 Listing by Jack Coden
Unit for sale at 279 North Hibiscus Drive, Miami  Beach, FL 33139

$18,000,000

  • 5 Beds
  • 5.5 Baths
  • 7,558 ft²
279 North Hibiscus Drive, Miami Beach, FL 33139 Listing by Ilene Eber

Nearby Rentals

Unit for rent at 226 Ocean Drive 7fg, Miami Beach, FL, 33139

$24,000 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,786 ft²
226 Ocean Drive 7fg #Unit 7fg, Miami Beach, FL, 33139 Listing by Manager
Unit for rent at 480 Ne 31st St # Ph5101, Miami, FL, 33137

$22,500 /mo

  • 4 Beds
  • 4.5 Baths
  • 2,379 ft²
480 Ne 31st St # Ph5101, Miami, FL, 33137 Listing by Gran Paraiso Condo
Unit for rent at 1331 Brickell Bay Dr Apt Bl48, Miami, FL, 33131

$22,500 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,700 ft²
1331 Brickell Bay Dr Apt Bl48, Miami, FL, 33131 Listing by Manager


Frequently Asked Questions

When was property at 224 South Hibiscus Drive built and last sold?
The property at 224 South Hibiscus Drive was built in 2012 and last sold on Sep 3, 2021 for $16,750,000.
How much is this home worth?
The estimated value of the home located at 224 South Hibiscus Drive is $21,109,000.
What are some comparable homes to 224 South Hibiscus Drive?
There are currently no comparable homes to 224 South Hibiscus Drive.

Quantcast