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Single Family Residence at 420 N Hibiscus Dr, Miami Beach FL 33139Active
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Single Family Residence
$9,400,000$1,666 / sqft

420 N Hibiscus Dr, Miami Beach FL 33139

5
Bedrooms
7
Bathrooms
5,642 sqft
Interior
2019
Year built
Not stated
HOA
Single Family Residence
Type

About this home

A turnkey modern masterpiece by award-winning architect Ralph Choeff, located on the coveted guard-gated Hibiscus Island. Newly completed, this residence impresses with a dramatic 20-foot glass foyer, floating staircase, and wide-plank white oak floors. Natural light fills the open-concept layout, seamlessly blending indoor and outdoor living. The sleek MiaCucina kitchen is equipped with Wolf and Sub-Zero appliances, while additional highlights include an Apple smart home system, private elevator, gym, sauna, resort-style pool, and expansive entertaining spaces designed for elevated comfort and ease. The luxurious primary suite features dual ensuite baths and custom walk-in closets, while the rooftop terrace captures breathtaking 360-degree views of the Miami skyline. This fully turnkey residence offers exceptional value on the prestigious Hibiscus, Palm, and Star Islands, where residents enjoy exclusive island amenities including tennis courts, basketball courts, and a children’s playground. Ideally located just five minutes from Brickell, Downtown Miami, Edgewater, and South Beach, this home combines privacy, prestige, and convenience within one of Miami Beach’s most desirable enclaves.

Features

  • First Floor Entry
  • Second Floor Entry
  • Third Floor Entry
  • Elevator
  • Entrance Foyer
  • Split Bedroom
  • Walk-In Closet(s)
  • Sauna
  • Utility Room/Laundry
  • Barbeque
  • Lighting
  • Open Balcony
  • Intracoastal View
  • Water

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan payment

$47,532 + HOA

Loan payment only — this building's HOA dues aren't stated in the listing. Property tax and insurance are significant here and are not included.

Principal & interest
$47,532
HOA
Not stated

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

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Courtesy of
Douglas Elliman

Run the numbers

We fill in the price. This listing doesn't state its HOA dues, so that's yours to enter too, along with rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
Not stated in this listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, HOA, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.