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Waterfront · Single Family Residence
$24,950,000$2,732 / sqft
271 N Hibiscus Dr, Miami Beach FL 33139
Listed
6
Bedrooms
8
Bathrooms
9,131 sqft
Interior
2007
Year built
None
HOA
Single Family Residence
Type
About this home
Discover this spectacular contemporary masterpiece on the exclusive guard-gated Hibiscus Island, just minutes from South Beach and Downtown Miami. Offered fully furnished, this gated waterfront home boasts professional decor and meticulous finishes throughout. Step inside to find dramatic double-volume ceilings and expansive floor-to-ceiling glass, offering breathtaking panoramic water views. The open, light-filled spaces are designed for modern living, featuring advanced surround sound and custom lighting systems. With an 80-foot dockage for your boat, you can easily access the beautiful waters of Miami. Enjoy a stunning wine cellar, an elevator for convenience, and a rooftop terrace perfect for entertaining.
Features
- First Floor Entry
- Bar
- Cooking Island
- Elevator
- Volume Ceilings
- Walk-In Closet(s)
- Family Room
- Barbeque
- Bay
- Water
Location
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 6-bed rentals in Miami Beach, from 8 active listings; the middle half ask $70,000–$250,000.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.