See Home Value
$14,423,339*
House - Off Market

240 S Hibiscus Dr

Miami Beach, FL 33139
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
6245 Sqft
$11,610,000 - $14,190,000
Reference Base Price*
11.81%
Since Apr 1, 2022
FL-Miami
Primary Model
Sold Jun 24, 2019
$146,000
$1,533,000 by Banesco Usa
Mortgage

About This Property

The manager has listed the unit size as 6245 square feet.
Unit Size
6,245Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$2,066
Property Type
House
Property Taxes
$7,654
HOA Dues
$500
Year Built
2012

Price History

Date / Event Date Event Price
Mar 19, 2022 No longer available -
No longer available
Aug 27, 2021 Listed $12,900,000
Listed
Jun 28, 2021 No longer available -
No longer available
May 13, 2021 Listed $11,950,000
Listed
The manager has listed the unit size as 6245 square feet.
Jun 24, 2019 Sold $146,000
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Construction Type: Concrete
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 191
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 600
  • Total Building Area: 6,245
  • Gross Building Area: 6,245
  • Building Area: 4,621
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,621
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIBISCUS ISLAND
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIBISCUS ISLAND PB 8-75 LOT 2 & 20FT STRIP IN BAY ADJ BLK 1 LOT SIZE 60.000 X 175 OR 13554-1443 0188 1

Ownership

  • Current Owner : 240 SOUTH HIBISCUS LLC
  • Previous Owner : MARRERO FRANK
  • Previous Owner 2: MARRERO ROSA
  • 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: 02-3232-006-0020
  • Block: 1
  • Lot: 2
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7827
  • Longitude: -80.1614

    Address

  • Full Address: 240 S Hibiscus Dr
  • Address - House Number: 240
  • 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: 5,044
  • Tax Year: 2023
  • Tax Amount: $127,734
  • Tax Rate Code Area: 200

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $4,033,000
  • First Open Lien Mortgage Lender: BANESCO USA
  • First Open Lien Mortgage Recording Date: Jun 24, 2019
  • First Open Lien Mortgage Loan Amount: $1,533,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Lender: POPULAR BANK
  • Second Open Lien Mortgage Recording Date: Sep 08, 2022
  • Second Open Lien Mortgage Loan Amount: $2,500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $7,714,506
  • Market Land Value: $6,457,500
  • Market Improvement Value: $1,257,006

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,872,321

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: Jun 24, 2019
  • Current Sale Transaction ID: 11620331227
  • Current Sale Price: $146,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2019R0388177

    Last Sale Mortgage

  • First Mortgage Lender: BANESCO USA
  • First Mortgage Transaction Date: Jun 24, 2019
  • First Mortgage Loan Amount: $1,533,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Star, Palm and Hibiscus Islands


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Frequently Asked Questions

When was property at 240 South Hibiscus Drive built and last sold?
The property at 240 South Hibiscus Drive was built in 2012 and last sold on May 31, 2019 for $146,000.
How much is this home worth?
The estimated value of the home located at 240 South Hibiscus Drive is $13,029,000.
What are some comparable homes to 240 South Hibiscus Drive?
There are currently no comparable homes to 240 South Hibiscus Drive.

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