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Waterfront · Single Family Residence
$14,350,000$1,747 / sqft
369 N Hibiscus Dr, Miami Beach FL 33139
Listed
9
Bedrooms
11
Bathrooms
8,216 sqft
Interior
1954
Year built
None
HOA
Single Family Residence
Type
About this home
PRIME WATERFRONT ESTATE on the exclusive Hibiscus Island in Miami Beach with over 8,000 interior SF, 9 bedrooms and 11 bathrooms on a generous 15,750 SF lot with 90’ of open water frontage. Fabulous direct bay views showcasing the city skyline can be enjoyed from this secluded paradise on a much sought-after corner of Hibiscus Island. Located centrally between Miami Beach and Miami, offering quick access to the best restaurants, entertainment, cultural centers, sports venues, beaches and the airport. Features include a sauna, home theater, a private dock, spacious terraces, and a waterfront pool. The gated and secured Hibiscus Island includes numerous perks such as a waterfront park, playground, tennis courts, and 24/7-armed gate and patrol security provided by Miami-Dade police officers.
Features
- First Floor Entry
- French Doors
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Maid/In-Law Quarters
- Media Room
- Utility Room/Laundry
- Direct Ocean
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 9-bed rentals across Miami-Dade, from 5 active listings; the middle half ask $55,000–$150,000.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.