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Single Family Residence at 56 S Hibiscus Dr, Miami Beach FL 33139Active
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Waterfront · Single Family Residence
$14,900,000$4,819 / sqft

56 S Hibiscus Dr, Miami Beach FL 33139

4
Bedrooms
5
Bathrooms
3,092 sqft
Interior
1934
Year built
None
HOA
Single Family Residence
Type

About this home

Welcome to Casa Babette—a renowned waterfront estate on the exclusive Hibiscus Island, celebrated for its artistic legacy and refined design. Originally landscaped by a celebrated artist from Majestic Gardens, this extraordinary residence is a true work of art, timeless elegance, and sophisticated craftsmanship. Set against the shimmering backdrop of Biscayne Bay, Casa Babette offers breathtaking water views, a private dock, and seamless indoor-outdoor living. Inside, every detail has been thoughtfully curated, with custom interiors by the acclaimed Kakar House of Design. Located in one of Miami Beach’s most prestigious and secure communities, Hibiscus Island, Casa Babette offers both land and water security—an unparalleled lifestyle in the heart of paradise.

Features

  • First Floor Entry
  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Walk-In Closet(s)
  • Barbeque
  • Lighting
  • Bay
  • Ocean
  • Pool

Location

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

Estimated loan & HOA

$75,343

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$75,343
HOA
None

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.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Douglas Elliman

Run the numbers

We fill in the price and the building's HOA dues. That leaves 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
From the 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, 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.