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305 North Hibiscus Drive

305 North Hibiscus Drive, Miami Beach, FL 33139
Property in Hibiscus
Sold Apr 15, 1996
$495,000
$3,000,000 by Citibank Na
Mortgage Due Aug 01, 2045
Sold Sep 24, 1993
$674,500
305 North Hibiscus Drive has been categorized by the local assessors in Miami Beach, FL as a residential type of property. The building on the property was first built in 1996 and is 28 years old. The home has a total of 5 bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 305 North Hibiscus Drive has 5,124 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,750 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 10,260 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 352 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of a combination of material. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 305 North Hibiscus Drive sold most recently in Jan 1, 1970 for a total of $495,000. If you work out the math, that's approximately a cost of $77.71 per sqft. Before that, the property was also sold for $674,500 in Sep 23, 1993. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $29,799 in taxes each year. 305 North Hibiscus Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,463,325. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 352
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,260
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 600
  • Total Building Area: 6,370
  • Gross Building Area: 6,370
  • Building Area: 5,124
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,124
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIBISCUS ISLAND
  • Land Acres: 0.236
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIBISCUS ISLAND PB 8-75 LOT 20 & 20FT STRIP ADJ IN BAY BLK 2 LOT SIZE 60.000 X 175 OR 16065-4206 0993 1

Ownership

  • Current Owner : WESTBROOKE COMMUNITIES INC
  • Previous Owner : IAN
  • Previous Owner 2: KAPLAN LESLIE
  • Owner Before Previous Owner: TOLIN HARVEY S
  • Is Owner Occupied: Owner-occupied property

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: 02-3232-006-0410
  • Block: 2
  • Lot: 20
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7847
  • Longitude: -80.1622

    Address

  • Full Address: 305 N Hibiscus Dr
  • Address - House Number: 305
  • Street Direction: N
  • Address - Street Name: Hibiscus
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5123
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 5,416
  • Tax Year: 2023
  • Tax Amount: $29,799
  • Tax Rate Code Area: 200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jul 07, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045

    Market Valuation

  • Market Total Value: $7,315,898
  • Market Land Value: $6,309,900
  • Market Improvement Value: $1,005,998

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,463,325

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Apr 15, 1996
  • Current Sale Transaction ID: 1060322525
  • Current Sale Price: $495,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 24, 1993
  • Previous Sale Contract Date: Sep 23, 1993
  • Previous Sale Amount: $674,500
  • Previous Sale Document Type: Deed

About Star, Palm and Hibiscus Islands



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Frequently Asked Questions

What neighborhood is 305 North Hibiscus Drive located in?
The 305 North Hibiscus Drive is a located in the neighborhood of Hibiscus in Star, Palm and Hibiscus Islands, Miami Beach.
What is the average sales price for listings in 305 North Hibiscus Drive?
The average sales price for units in 305 North Hibiscus Drive is $0 currently.

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