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Waterfront · Single Family Residence
$6,400,000
2000 S Hibiscus Dr, North Miami FL 33181
Listed
5
Bedrooms
6
Bathrooms
— sqft
Interior
2026
Year built
None
HOA
Single Family Residence
Type
About this home
Exceptional opportunity to own a brand-new luxury waterfront residence currently in the final stages of construction in the prestigious gated community of Keystone Point. This stunning 2-story home offers 5 bedrooms, 6 bathrooms, approximately 6,000 SF, a 3-car garage, and an oversized 13,803 SF lot. Designed for sophisticated South Florida living, the residence features expansive open-concept living areas, soaring ceilings, and interiors by renowned designer Steven G. Highlights include a Poliform kitchen with premium Sub-Zero appliances, custom doors finished in natural wood veneer, and 4 individually controlled A/C zones. The luxurious primary suite features spacious walk-in closets and separate his-and-hers bathrooms. Additional spaces include a media room, family room, office, and thoughtfully designed indoor-outdoor living areas. The exceptional outdoor space features covered seating areas, kitchen, and an impressive 50-foot swimming pool. Approximately 72 feet of waterfrontage offers beautiful canal views, direct ocean access, and the ability to dock your boat directly at the property. A whole-house generator provides additional comfort and convenience. With construction still underway, the buyer has the opportunity to personalize select finishes and choose certain interior and exterior design elements, creating a residence tailored to their individual style and preferences.
Features
- First Floor Entry
- Volume Ceilings
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Media Room
- Storage
- Utility Room/Laundry
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 across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.