Best Value per square foot on Hibiscus Island – Brand New Modern Masterpiece Designed by Ralph Choeff. Spanning over 5,600 SF, this architectural gem offers 5 bedrooms, 6.5 baths. Indulge in ocean views from the primary suite. Key features include: 20-foot ceilings glass foyer, A chef's kitchen by Mia Cucina with Wolf and Sub-Zero appliances. Smart home integration with Apple controls, motorized window treatments, and recessed lighting. Private rooftop terrace offering 360° views. 3-car garage with elevator access to all levels. Live the Miami Beach lifestyle with amenities that include a custom gym and a resort-inspired outdoor area. This home delivers the ultimate combination of luxury, convenience, and value. Don't miss the best-priced new construction on Hibiscus Island.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$43.4K
Per Month
Principal & Interest
$43.3K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$26.1K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Miami Children's Museum Charter School
980 MacArthur Cswy
Distance between this listing and this school0.73 miles
Public Charter Grades KG-5
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school1.79 miles
Public District Grades PK-5
4
/10
Bridgeprep Academy of Greater Miami
137 NE 19th St
Distance between this listing and this school1.81 miles
Public Charter Grades KG-5
Nearby Schools
10
/10
Ada Merritt K-8 Center
660 SW 3rd St
Distance between this listing and this school2.72 miles
Public Magnet Grades PK-8
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.78 miles
Public District Grades 6-8
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school2.85 miles
Public District Grades 6-8
Nearby Schools
10
/10
I Preparatory Academy
1500 Biscayne Blvd Ste 129
Distance between this listing and this school1.59 miles
Public Magnet Grades PK-12
9
/10
Miami-Dade Online Academy- Virtual Instruction Program
1501 NE 2nd Ave Ste 336
Distance between this listing and this school1.64 miles
Public Magnet Grades KG-12
9
/10
New World School of the Arts
25 NE 2nd St
Distance between this listing and this school1.87 miles
The neighbors living near this home have an average income of $102,500. Most Miami Beach, FL residents have annual incomes $200k+. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 420 N Hibiscus Dr
What is the listing price of this property?
The listing price of 420 N Hibiscus Dr property is $8,695,000.
What type of property is this?
The property 420 N Hibiscus Dr is a house located in Miami Beach, Florida, 33139.
Is this property for sale now?
Active Listing: 420 N Hibiscus Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $88,271 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 420 N Hibiscus Dr has 5 bedrooms and 6 full and 1 half bathrooms.
What is the square footage of this property?
The property 420 N Hibiscus Dr is 5,642 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 420 N Hibiscus Dr is 2019.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 420 N Hibiscus Dr in Miami Beach, FL and zip code 33139 in the Venetian Islands neighborhood. This 5,642 square foot home was built in 2019. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $8,695,000.
Miami Beach, FL housing market in November 2024 saw over 2 listings sold above listed price, more than 6 sold at listed price and over 65 sold below. The inventory of homes for sale in Miami Beach, FL between October 2024 and November 2024 increased by 14.3%. In November 2024 median list price was $617,500 and the average listing age was 97 days.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Skiing/snowboarding
Skiing/snowboarding
Men's Tennis
Nordstrom
Bloomingdales
Brooks Brothers
California Pizza Kitchen
Bonefish Grill
Qdoba
BMW
Lexus
Acura
Talk/Personality
News
Sports