Hibiscus Island

Homes For Sale

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Hibiscus Island is among the man-made group of islands in Biscayne Bay located south of Palm Island and west of Star Island. The exclusive residential neighborhood of Hibiscus Island dotted with elegant and highly valued properties is a favorite among A-listers and businessmen.

The Neighborhood

Hibiscus Island is a community within the neighborhood of South Beach bounded by the communities of Palm Island and Star Island.

In 1922, the Army Corps of Engineers started reclamation on the area to create an island. Since then, Hibiscus Island became the winter homes of notable personalities, particularly Al Capone who enjoyed the stunning views of the Miami Beach and Downtown Miami skyline.

From 1940s to 1950s, the island hosted the well-known Latin Quarter nightclub where renowned performers, including Frank Sinatra, Sammy Davis, Jr., Dean Martin and Tony Bennett frequented.

Today, the island is home to stately mansions and converted apartment complexes and condominium buildings.

Access to the island is via the MacArthur Causeway, which also serves as the parking of private ferries of Fisher Island residents.

The roads of Hibiscus are open to public but its entryways have guards who patrol the area 24/7, keeping the neighborhood private and secured.

Homes for sale in Hibiscus Island are mostly massive mansions with well-maintained lawns and lush greenery on spacious lots. Many of the homes with large acreage also have their own luxurious pools, boat docks and private areas.

Things To Do

Hibiscus Island is quiet and private, with most residents preferring to cruise on their boats or ride their jet skis while enjoying the beautiful views of the Biscayne Bay. The ovular shape of the island gives many of the properties waterfront views of the ocean.

The neighborhood shares its Hibiscus Island Park with Palm Island residents. The community center has racquetball and basketball courts, lighted tennis courts and a playground.

Many of the restaurants are within 10 minutes from the neighborhood. Prime 112 at Ocean Drive is a fine dining restaurant that serves premium steaks. At Washington Avenue is Joe’s Stone Crab, which specializes in seafood fares. For a more adventurous dining experience, Nikki Beach Club at South Beach is a go-to bar and restaurant. If craving for international cuisine, Fogo de Chai Miami offers steaks with a Brazilian flare.

Top Restaurants In Hibiscus Island

1. Safron Mediterranean Grill
1049 Washington Avenue
Miami Beach, FL 33139
(305) 397-8118

2. Yardbird Southern Table & Bar
1600 Lenox Ave
Miami Beach, FL 33139
(305) 538-5220

3. Shimuja

920 Alton Rd
Miami Beach, FL 33139
(786) 422-2217

4. La Sandwicherie
229 14th St
Miami Beach, FL 33139
(305) 532-8934

5. Spitfire
405 15th St
Miami Beach, FL 33139
(305) 851-5828

6. Havana 1957
1410 Ocean Dr
Miami Beach, FL 33139
(305) 763-8671

7. Poseidon Greek Restaurant & Outdoor Lounge
1131 Washington Ave
Miami Beach, FL 33139
(305) 534-4434

8. Bolivar Restaurant Lounge
841 Washington Ave
Miami Beach, FL 33139
(786) 671-5335

9. Taquiza
1506 Collins Ave
Miami Beach, FL 33139
(305) 748-6099

10. Go-Go

926 Alton Rd
Miami Beach, FL 33139
(305) 673-3137

Schools

Students of Hibiscus Island are under the Miami-Dade County Public Schools, including South Pointe Elementary School, Nautilus Middle School and Miami Beach High School.

The full list of schools near Hibiscus Island includes:

North Beach Elementary School
4100 Prairie Avenue, Miami Beach, FL 33140

Design & Architecture Senior High School

4001 Northeast 2nd Avenue, Miami, FL 33137

Mast Academy

3979 Rickenbacker Causeway, Key Biscayne, FL 33149

New World School of the Arts

25 Northeast 2nd Street, Miami, FL 33132

School for Advanced Studies-Wolfson
25 Northeast 2nd Street, Miami, FL 33132

Ada Merritt K-8 Center
660 Southwest 3rd Street, Miami, FL 33130

Young Women’s Preparatory Academy

1150 Southwest 1st Street, Miami, FL 33130

Miami Arts Charter School

3900 Biscayne Boulevard, Miami, FL 33137

I Preparatory Academy
1500 Biscayne Boulevard, Miami, FL 33132

Charter High School of the Americas
984 West Flagler Street, Miami, FL 33130

Miami Children’s Museum Charter School

980 MacArthur Causeway, Miami, FL 33132

Real Estate Trends

Hibiscus Island homes for sale vary in sizes and range from 3 bedroom to 8 bedroom villas, with a price range of $1,795,000 to as much as $30 million. Tear-down, non-waterfront homes have a price range of $1.25 million to $1.4 million.

A two-story single family deco-inspired home with 3 bedrooms and 2 baths typically sell for a minimum of $1 million. Waterfront single family homes for sale have a higher average price at $17,638,830 compared to only $1,595,000 average price of non-waterfront homes.

Hibiscus Island homes for rent have a price range of $9,500 to $80,000 depending on the size, age and location of the property.

At present, the neighborhood is a buyer’s market. There are about 18 homes that are in the active listings, with only 1 home sold in at its asking price. Homes spend an average of 38 days in the market before being sold.

The median list price of most open homes in Hibiscus Island is $7.9 million, a $500K increase from last month.

7
Beds
8 | 3
Baths
10,448
SqFt
(35)
 
 
#A10299482 | Single Family Home
 
6
Beds
6 | 3
Baths
6,607
SqFt
(35)
 
 
#A10279511 | Single Family Home
 
8
Beds
8 | 1
Baths
7,875
SqFt
(11)
 
 
#A10277508 | Single Family Home
 
6
Beds
6 | 2
Baths
13,000
SqFt
(35)
 
 
#A10018756 | Single Family Home
 
5
Beds
5 | 1
Baths
5,969
SqFt
(8)
 
 
#A10181044 | Single Family Home
 
6
Beds
6 | 1
Baths
5,434
SqFt
 
 
 
#A1992211 | Single Family Home
 
6
Beds
7 | 1
Baths
6,201
SqFt
(27)
 
 
#A10008248 | Single Family Home
 
5
Beds
5 | 1
Baths
6,900
SqFt
(20)
 
 
#A10114532 | Single Family Home
 
© 2017 Miami Association of REALTORS®. All rights reserved.
IDX information is provided exclusively for consumers' personal, noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.
Miami data last updated at June 28, 2017 7:13 AM ET

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