See Home Value
$29,076,456*
House - Off Market

38 S Hibiscus Dr

Miami Beach, FL 33139
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
7000 Sqft
$15,075,000 - $18,425,000
Reference Base Price*
73.59%
Since Jan 1, 2020
FL-Miami
Primary Model
Sold Dec 23, 2019
$14,150,000
Sold Oct 31, 2018
$1,250,000
$2,500,000 by Gaines Holdings Llc
Mortgage

About This Property

New Modern, Uniquely designed Elevated "Glass" house on gated and secured Hibiscus Island. Southern exposure, panoramic views of Biscayne Bay and Downtown. Private entry garden capturing sea breeze with an open floor plan with tall 20' ceiling entry leading to glassed central courtyard, adding natural light and enhancing views. Spacious master suite, captivating scenes and oversized terrace. Rare separate guest house with full kitchen and 2 car garage. Custom furniture professionally decorated throughout. Sleek infinity edge pool with concealed equipment, outdoor kitchen and custom outdoor seating. Elevator leading to private rooftop terrace. Island amenities include tennis, basketball, playground, newly paved streets, new utilities, new landscaping and police protection.

The manager has listed the unit size as 7000 square feet.
Unit Size
7,000Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$2,393
Property Type
House
Property Taxes
$6,264
HOA Dues
-
Year Built
2019

Price History

Date / Event Date Event Price
Dec 13, 2019 No longer available -
No longer available
May 17, 2019 Listed $16,750,000
Listed
Oct 31, 2018 Sold $1,250,000
Sold

Property Highlights

Air Conditioning
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 3
  • Living Units: 2
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 12,221
  • Total Building Area: 7,302
  • Gross Building Area: 7,302
  • Building Area: 6,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIBISCUS ISLAND
  • Land Acres: 0.281
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: HIBISCUS ISLAND PB 8-75 LOT 8 & 20FT STRIP ON SEAWARD SIDE ADJ BLK 3 LOT SIZE 12221 SQ FT OR 18981-4847 02 2000 1

Ownership

  • Current Owner : CANTERBURY IVES MANAGEMENT LLC
  • Previous Owner : 38 SOUTH HIBISCUS DEVELOPMENT LLC
  • Owner Before Previous Owner: MARIA KARPOV ILYA
  • Owner Before Previous Owner 2: MARIA GRADSKIY
  • 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: 02-3232-006-0680
  • Block: 3
  • Lot: 8
  • Meridian: SEC 32 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7809
  • Longitude: -80.1569

    Address

  • Full Address: 38 S Hibiscus Dr
  • Address - House Number: 38
  • Street Direction: S
  • Address - Street Name: Hibiscus
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5128
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 6,007
  • Tax Year: 2023
  • Tax Amount: $265,041
  • Tax Rate Code Area: 200

    Market Valuation

  • Market Total Value: $14,287,210
  • Market Land Value: $7,515,915
  • Market Improvement Value: $6,771,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,642,466

    Sales

  • Current Sale Contract Date: Dec 09, 2019
  • Current Sale Recording Date: Dec 23, 2019
  • Current Sale Transaction ID: 11714311068
  • Current Sale Price: $14,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0791359
  • Previous Sale Recording Date: Oct 31, 2018
  • Previous Sale Contract Date: Oct 26, 2018
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: GAINES HOLDINGS LLC
  • Previous Mortgage Transaction Date: Oct 31, 2018
  • Previous Mortgage Loan Amount: $2,500,000
  • 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
5 Beds
5.5 Baths
7,558 ft²
$2,382/ft²
$18,000,000 Oct 28, 2021
-
$2,013/mo
House
5 Beds
6.5 Baths
5,149 ft²
$2,680/ft²
$13,800,000 Aug 16, 2022
-
$8,084/mo
House
5 Beds
4.5 Baths
4,271 ft²
$3,266/ft²
$13,950,000 May 2, 2022
-
$3,147/mo
House
6 Beds
6.5 Baths
6,746 ft²
$2,461/ft²
$16,600,000 Jul 14, 2022
-
$2,512/mo
House
6 Beds
6.5 Baths
5,292 ft²
$3,401/ft²
$18,000,000 Jul 18, 2022
-
$5,784/mo
House
4 Beds
4.5 Baths
3,089 ft²
$4,532/ft²
$14,000,000 Apr 9, 2021
-
$8,189/mo
House
4 Beds
5 Baths
3,714 ft²
$3,877/ft²
$14,400,000 Nov 17, 2022
-
$5,544/mo

About Star, Palm and Hibiscus Islands


Similar Homes for Sale

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Unit for sale at 56 South Hibiscus Drive,  33139

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Unit for sale at 70 North Hibiscus Drive,  33139

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Nearby Rentals

Unit for rent at

$16,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,919 ft²
Listing by Manager


Frequently Asked Questions

When was property at 38 South Hibiscus Drive built and last sold?
The property at 38 South Hibiscus Drive was built in 2019 and last sold on Dec 9, 2019 for $14,150,000.
How much is this home worth?
The estimated value of the home located at 38 South Hibiscus Drive is $16,917,500.
What are some comparable homes to 38 South Hibiscus Drive?
There are currently no comparable homes to 38 South Hibiscus Drive.

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