405 Hibiscus Drive Unit 204, Miami Beach, FL 33139

$620,000 — Active

Property Features

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Rarely available Hibiscus Island condominium offering boutique waterfront living in one of Miami Beach's most exclusive gated communities. One of only 20 residences in the building, this 1-bedroom, 1-bath home spans 620 square feet and is surrounded by some of the area's most iconic bayfront estates.The residence features an in-unit washer and dryer, a deeded parking space, and access to outstanding waterfront amenities. Enjoy a bayfront swimming pool, BBQ gazebo, and community dock with rentable boat slips available through the association for an additional fee, ideal for boating and water enthusiasts.Flexible and low-maintenance, this property works beautifully as a primary residence, seasonal getaway, investment property, or lock-and-leave pied-à-terre. It can also serve as a guest suite, home office, or additional living space for nearby Hibiscus, Palm, and Star Island homeowners.Residents benefit from the privacy and security of a guard-gated island, plus access to tennis courts, basketball courts, a playground, and scenic walking and biking streets. Located just minutes from South Beach, Brickell, the Design District, Wynwood, Downtown Miami, major airports, marinas, dining, shopping, and entertainment, this Hibiscus Island condo delivers a rare combination of tranquil island living and central Miami Beach convenience at a price point seldom found on the island.

▼ Price Reduced — originally listed at $675,000

Property Details

  • Listing ID: A12044925
  • Status: Active
  • Listing Date: 2026-06-30
  • Property Type: Condominium
  • Unit / Building #: 204
  • Subdivision: ISLAND CLUB OF SOUTH BEACH
  • County: Miami-Dade
  • MLS Area: 2320
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Living Area Sq Ft: 620
  • Year Built: 1960

Financial

  • List Price: $620,000
  • Original List Price: $675,000
  • HOA Fee: $727/mo
  • Taxes: $8,824/yr

Features & Amenities

  • View: Other
  • Furnished: Furnished
  • Pets Allowed: Yes
  • Parking: Deeded, Guest
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Tile
  • Construction: Block
  • Exterior Features: Balcony
  • Community Amenities: Basketball Court, Picnic Area, Pool, Tennis Court(s)

Courtesy of The Corcoran Group
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.