Atlantic Luxury AdvisorsKeller Williams Realty Services

30 photos

420 N Hibiscus Dr

Miami Beach, FL 33139

$8,900,000
5
6.5
5,642 sq ft
10,387 sq ft
2019
3 car
Single Family Residence
151
Active

Listing courtesy of Douglas Elliman. Contact: [email protected].

About this home

A turnkey modern masterpiece by award-winning architect Ralph Choeff, located on the coveted guard-gated Hibiscus Island. Newly completed, this residence impresses with a dramatic 20-foot glass foyer, floating staircase, and wide-plank white oak floors. Natural light fills the open-concept layout, seamlessly blending indoor and outdoor living. The sleek MiaCucina kitchen is equipped with Wolf and Sub-Zero appliances, while additional highlights include an Apple smart home system, private elevator, gym, sauna, resort-style pool, and expansive entertaining spaces designed for elevated comfort and ease. The luxurious primary suite features dual ensuite baths and custom walk-in closets, while the rooftop terrace captures breathtaking 360-degree views of the Miami skyline. This fully turnkey residence offers exceptional value on the prestigious Hibiscus, Palm, and Star Islands, where residents enjoy exclusive island amenities including tennis courts, basketball courts, and a children’s playground. Ideally located just five minutes from Brickell, Downtown Miami, Edgewater, and South Beach, this home combines privacy, prestige, and convenience within one of Miami Beach’s most desirable enclaves.

Virtual tour
What it costs to own
Estimated monthly payment
$64,220/mo
Principal and interest
$45,003
Property tax
$13,650
Homeowners insurance
$5,567
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$163,796/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
Not stated in the listing; ask us
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.