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Single Family Residence
$5,499,000$2,065 / sqft
363 S Hibiscus Dr, Miami Beach FL 33139
Listed
5
Bedrooms
4
Bathrooms
2,663 sqft
Interior
1953
Year built
None
HOA
Single Family Residence
Type
About this home
Located on prestigious South Hibiscus Drive, this exceptional corner-lot residence is one of Hibiscus Island’s most desirable non-waterfront opportunities. This meticulously maintained, move-in ready trophy home offers timeless elegance and charm, along with additional easement yard space that creates one of the most impressive non-waterfront lots across Palm and Hibiscus Islands. Surrounded by some of the most valuable real estate in all of Miami, the property offers a rare combination of privacy, scale, and location. Designed for effortless living and entertaining, the home features five bedrooms, open-concept living spaces, and a flexible media room/office that can also serve as the fifth bedroom. The oversized pool is complemented by a remarkably private backyard with significant green space, lush landscaping, and fruit trees, creating a serene tropical setting rarely found on the islands. A rare opportunity to secure a turnkey trophy residence at exceptional value within one of Miami Beach’s most prestigious gated communities.
Features
- First Floor Entry
- Attic
- Utility Room/Laundry
- Garden
- Pool
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals in Miami Beach, from 8 active listings; the middle half ask $32,000–$78,000.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.