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Waterfront Estate on Hibiscus Island Sells For $51.5 Million Setting New Record on Miami Beach's Palm and Hibiscus Island

August 17, 2026

A waterfront estate at 270 S. Hibiscus Drive has sold for $51.5 million, setting new records for both sale price and price per square foot on Miami Beach's guard-gated Hibiscus and Palm Islands. The transaction surpassed the previous record sale of approximately $40 million, despite that property encompassing a larger residence on a larger lot.

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In Development, Development News, Luxury Homes, Luxury Real Estate, Miami Beach, News, News & Features, Residential, South Beach, Spec Home Tags 270 South Hibiscus Drive, 270 S Hibiscus Drive, Hibiscus Island, News & Features, News, Featured, Luxury Real Estate, Luxury Homes, Residential, Miami Beach, South Beach, Denis Smykalov, Wolsen Real Estate, Luis Bosch, Luis Bosch Luxury Homes, SAOTA, Stefan Antoni Olmesdahl Truen Architects, ARRCC Interiors Group, Raymond Jungles, Bon Vivant Custom Woodworking, Development News, Development, Spec Home, Dora Puig, Luxe Living Realty, Jordan Karp, Jordan Karp LLC
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Choeff Levy Fishman Architects-Designed Hibiscus Island Tropical Modern Estate Lists For $37.5 Million

November 15, 2023

320 S. Hibiscus Drive on the guard-gated enclave of Hibiscus Island in Miami Beach has hit the market for $37.5 million, listed with The Jills Zeder Group. The home includes seven bedrooms and seven-and-one-half bathrooms spread over 7,818 square-feet of living space with 90 feet of prime waterfront along azure Biscayne Bay.

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In Featured Listing, Luxury Real Estate, Luxury Homes, Miami Beach, News, News & Features, Residential, South Beach Tags News & Features, News, Featured, Hibiscus Island, Luxury Real Estate, Residential, Link In Bio, Choeff Levy Fischman, The Jills Zeder Group, 320 S Hibsicus
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Check Out This Hibiscus Island Home Which Just Sold For Non-Waterfront Record $5.1 Million

September 15, 2023

185 S Hibiscus Drive has sold for $5.1 million, setting a record ppsft for a non-waterfront home in the ritzy guard-gated neighborhood of Hibiscus Island. Per public record, the buyer is Brad Pitt's manager Cynthia Pett-Dante. Dina Goldentayer and Joseph Schafer with Douglas Elliman represented the seller and Jordan Karp of Jordan Karp LLC represented the buyer.

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In Luxury Homes, Luxury Real Estate, Miami Beach, News, News & Features, Residential Tags News & Features, News, Residential, Closed, Hibiscus Island, Miami Beach, Cynthia Pett-Dante, Dina Goldentayer, Joseph Schafer, Jordan Karp, 185 S Hibiscus Drive, Luxury Homes, Luxury Real Estate, Link In Bio
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Miami Heat Star Victor Oladipo Lists Hibiscus Island Contemporary For $10 Million Amidst NBA Finals

June 6, 2023

Amidst being locked in a battle for the NBA Finals, Miami Heat all-star player Victor Oladipo has listed his Hibiscus Island home in Miami Beach home for nearly $10 million. The home is situated on an expansive corner lot within the prestigious guard-gated Hibiscus Island in Miami Beach. Unlike typical lots on the island, this property encompasses one and a half lots, offering a larger land size and an impressively spacious home.

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In Celebrity Real Estate, Celebrity, Featured Listing, News, News & Features, Miami Beach, Residential, Luxury Homes, Luxury Real Estate Tags Featured Listing, News, News & Features, Liz Hogan, Compass, Residential, Celebrity Homes, Celebrity Real Estate, Miami Heat, Victor Oladipo, Hibiscus Island, Miami Beach, June 2023, Luxury Real Estate, Luxury Homes
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Sabal Development Sells Waterfront Miami Beach Spec Home For $16 Million On Hibiscus Island

July 21, 2022

Sabal Development, an award-winning Miami-based builder and developer who specializes in luxury custom homes, has sold a newly constructed 5,243-square-foot waterfront spec home on a 0.24-acre lot located at 79 N Hibiscus Drive, Miami Beach, FL 33139 for $16 million. Located within the exclusive Hibiscus Island, this stunning waterfront home was built in 2022 and overlooks the pristine Biscayne Bay.

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In Closed, Development, Development News, Luxury Homes, Luxury Real Estate, Miami Beach, News, News & Features, New Construction, Residential, Spec Home Tags News & Features, News, Sabal Luxury Builder, Sabal Development, Spec Home, Luxury Homes, Luxury Real Estate, Pascal Nicolai, Hibiscus Island, 79 N Hibiscus Drive, Marko Gojanovic, Reid Heidenry, ONE Sotheby's International Realty, Lourdes Alatriste, Alejandro Montealgre, Residential, July 2022, Closed, Development, Development News, Miami Beach
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Sabal Development Sells Hibiscus Island Spec Home For $15 Million To Cosmetics CEO

February 28, 2022

A brand new waterfront spec home by Sabal Development at 165 North Hibiscus Drive on Miami Beach’s Hibiscus Island has sold for $15 million to the CEO of Farmasi North America. Marko Gojanovic of ONE Sotheby’s International Realty and Alejandro Diaz Bazan of Jills Zeder Group represented the buyer while Dora Puig with Luxe Living Realty represented the seller.

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In Acquisitions, Closed, Development, Development News, Development Sales, Luxury Homes, Luxury Real Estate, News, News & Features, Miami Beach, Traded, Spec Home, South Beach Tags News & Features, News, Sabal Development, Sabal Luxury Builder, Hibiscus Island, Traded, Closed, Acquisitions, Spec Home, Pascal Nicolai, 165 N Hibiscus Dr., 165 North Hibiscus Drive, Togu Design, Marko Gojanovic, ONE Sotheby's International Realty, Alejandro Diaz Bazan, Jills Zeder Group, Jills Zeder Group at Coldwell Banker, Dora Puig, Luxe Living Realty, February 2022, featured, Luxury Homes, Luxury Real Estate, Development, Development News, Development Sales, Residential, Featured
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Check Out DJ Khaled's $34 Million Daycation Mansion On Miami Beach's Hibiscus Island

Check Out DJ Khaled's $34 Million Daycation Mansion On Miami Beach's Hibiscus Island

October 23, 2018

DJ Khaled spent the day in this luxurious mansion in Magic City. Khaled relaxed in a $34.5 million waterfront Miami Beach mansion on Ritzy Hibiscus Island featuring 5 bedrooms, a home theatre and dock fit for a yacht (or a fleet of jet skis).

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In Celebrity Real Estate, Featured Listing, Luxury Real Estate, News, Miami Beach Tags Katya Demina, DJ Khaled, Sonia Gherardi, ONE Sotheby's International Realty, Miami Beach, Celebrity Homes, Luxury Real Estate, Featured Listings, Hibiscus Island, Featured
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Property Donated To Mt. Sinai Medical Center On Hibiscus Island Sells For $11.6 Million

Property Donated To Mt. Sinai Medical Center On Hibiscus Island Sells For $11.6 Million

October 5, 2018

320 S Hibiscus has sold for 11.6 million after the former owners donated the luxurious property to Mt. Sinai Medical Center. Douglas Elliman agents Eloy Carmenate and Mick Duchon agreed to a very reduced commission to represent the sale and all proceeds and most commissions earned will be donated to the hospital.

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In Community Service, Luxury Homes, Luxury Real Estate, Miami Beach, News, South Beach, Sales Update Tags Mt. Sinai Medical Center, Hibiscus Island, Miami Beach, South Beach, Luxury Real Estate, News, Douglas Elliman, Mick Duchon, Eloy Carmenate, Natalia Gryczynska, 320 S Hibsicus, Community Service, Sales Update
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Tour The Hibiscus Island Contemporary Designed By Choeff Levy Fischman To Combat Sea-Level Rise

Tour The Hibiscus Island Contemporary Designed By Choeff Levy Fischman To Combat Sea-Level Rise

April 7, 2018

When it comes to designing for the future in Miami, architects and developers must take steps to protect against the elements, storms, etc. which can cause rigors to the property. Progressive architects like Miami-based Choeff Levy Fischman are using climate change and sea level rise as an opportunity to make a statement and create a solution for the future.

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In Luxury Homes, News, South Beach, Miami Beach, Sustainable Building, Featured Listing Tags Featured Listings, Luxury Real Estate, News, Choeff Levy Fischman, Climate Change, Sustainability, Sustainable Building, Miami Beach, South Beach, Hibiscus Island, Estate
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Tour Casa Ischia, The Hyper-Luxe Hibiscus Island Contemporary Mansion by Choeff Levy Fischman

Tour Casa Ischia, The Hyper-Luxe Hibiscus Island Contemporary Mansion by Choeff Levy Fischman

February 21, 2018

When it comes to contemporary luxury homes, there are few architects that can create a masterpiece like Choeff Levy Fischman. Casa Ischia, a rare gem designed by the starchitects, is available on the exclusive Hibiscus Island and is currently owned by former Formula 1 racer Eddie Irvine.

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In Featured Listing, Luxury Homes, Miami Beach, South Beach Tags Choeff Levy Fischman, Luxury Real Estate, Featured Listings, Hibiscus Island, Miami Beach, South Beach, Eddie Irvine, Julian Johnston, Calibre International Realty, Featured
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The Tony Hotel South Beach Trades for $16.5 Million in Off-Market Sale .jpg
September 18, 2026
The Tony Hotel South Beach Trades for $16.5 Million in Off-Market Sale
September 18, 2026

A longstanding Art Deco hotel in the heart of South Beach is entering its next chapter. The Tony Hotel South Beach has sold for $16.5 million in an off-market transaction, with its new owners planning a major renovation and continued operation of the Collins Avenue property.

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September 18, 2026
Royale Pizza Napoletana Set To Bring Tokyo-Style Neapolitan Pizza To Miami Beach This October 3.jpg
September 17, 2026
Royale Pizza Napoletana Set To Bring Tokyo-Style Neapolitan Pizza To Miami Beach This October
September 17, 2026

Come Fall 2026, Miami Beach might soon be pilgrimage-worthy for diehard pizza enthusiasts with the opening of Royale Pizza Napoletana, the first Tokyo-style Neapolitan pizza restaurant in South Florida. It will also signal the stateside arrival of none other than iconoclastic Japanese pizzaiolo Chef Bun of the genre-defining Japanese Neapolitan pizza concept, Savoy.

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September 17, 2026
Full Floor Sky Mansion At One Thousand Museum By Zaha Hadid Architects Sells For $21.9 Million 2.jpg
September 17, 2026
Full Floor Sky Mansion At One Thousand Museum By Zaha Hadid Architects Sells For $21.9 Million
September 17, 2026

A 9,200-square-foot sky mansion inside One Thousand Museum by Zaha Hadid Architects just traded for $21.925 million. The residences occupies an entire floor at One Thousand Museum, one of the most ultra-luxury condo towers in Miami, complete with a helipad. The iconic exoskeleton tower, which overlooks Museum Park, was designed by the late starchitect Zaha Hadid.

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September 17, 2026
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