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$23,900,000

Beds
5
Baths
5.5
sq ft
4,100

279 N Hibiscus Dr, Miami Beach, FL 33139

279 N Hibiscus Dr

Miami Beach, FL 33139

  • 10 days on market
Imagine waking up to expansive bay views from your double-height living room in the exclusive, gated community of Hibiscus Island. This sprawling 6,124-square-foot, 5-bedroom residence offers a seamless blend of luxury and leisure, from sunny poolside mornings to festive evenings by the summer kitchen—ideal for entertaining. Visualize a private fireworks display over the bay or a sunset sail from your 70-foot yacht dock. Marble floors add sophistication, while the new gourmet kitchen features high-end Poggenpohl cabinetry and Miele appliances. With a media room, adjoining gym, and 6-car circular driveway, plus 60-foot Royal Palms and 14-foot privacy hedges, this island retreat offers endless possibilities to call your own.

Details

Property type

Single Family Residence

Est. home value

$14,880,857

Lot size

0.24 acres

Price per sq ft

$5,830

Year built

1978

Annual property taxes

$19,458

Price History

10/28/2024
SEF

SEF #A11691685

Listed
$23,900,000
+9.13%
05/31/2024
SEF

SEF #A11526707

Removed
$21,900,000
02/03/2024
SEF

SEF #A11526707

Listed
$21,900,000

Schools & Community

Neighborhood: 

Hibiscus Island

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Morgan Stanley Private Bank Na

Loan start date

August 2017

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

3.17%

Loan type

Credit Line (Revolving), 25 year

Seller

James F Silvers and Lois A Silvers

Lender

Morgan Stanley Private Bank Na

Loan start date

August 2017

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

3.17%

Loan type

Credit Line (Revolving), 25 year

Seller

James F Silvers and Lois A Silvers

Lender

Frederick Spiegel

Loan start date

November 2002

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

6.18%

Loan type

New Conventional

Seller

James F Silvers and Lois Silvers

Lender

Frederick Spiegel

Loan start date

November 2002

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

6.18%

Loan type

New Conventional

Seller

James F Silvers and Lois Silvers

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 4:15 AM

Listing updated: 11/14/2024 at 11:25 AM

Listed by: Greg Mirmelli, Sterling Equity Realty LLC Phone #: (305) 804-4848

MLS: SEF #A11691685

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