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$815,000

Beds
1
Baths
1.0
sq ft
620

405 N Hibiscus Dr Unit 202, Miami Beach, FL 33139

405 N Hibiscus Dr Unit 202

Miami Beach, FL 33139

  • <1 day on market
Discover this charming one-bedroom, one-bathroom unit on the prestigious and private Hibiscus Island. Enjoy direct access to the ocean, a pool and a waterfront BBQ gazebo. The property Includes one parking space and additional visitors parking. Residents can also take advantage of the boat dock for easy recreational water activities. This property presents an ideal living environment for those seeking the relaxation and privacy that Hibiscus Island offersThe island community boasts tennis courts, basketball courts, a playground, and bike lanes. Security is ensured with a gated entrance monitored by the Miami Beach Police. Conveniently located between Miami Beach and Downtown Miami. Hibiscus Island offers a perfect blend of luxury and accessibility

Details

Property type

Condominium

Est. home value

$497,954

Lot size

Unknown

Price per sq ft

$1,315

Year built

1960

Annual property taxes

$7,762

Monthly HOA fee

$659

Price History

01/30/2025
SEF

SEF #A11733831

Listed
$815,000
+124.52%
03/11/2019
SEF

SEF #A10594721

Sold
$363,000

Schools & Community

Neighborhood: 

Hibiscus Island

Elementary school: 

South Pointe

Middle school: 

Nautilus

High school: 

Miami Beach

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

Southstar Funding Llc

Loan start date

September 2006

Original loan amount

$44,250

Est. remaining balance

Not provided

Interest rate

6.8%

Loan type

Stand Alone Second, 30 year

Seller

Luis A Meza

Lender

Southstar Funding Llc

Loan start date

September 2006

Original loan amount

$44,250

Est. remaining balance

Not provided

Interest rate

6.8%

Loan type

Stand Alone Second, 30 year

Seller

Luis A Meza

Lender

Southstar Funding Llc

Loan start date

August 2006

Original loan amount

$236,000

Est. remaining balance

Not provided

Interest rate

8.75%

Loan type

Not Provided, 30 year

Seller

Luis Alex Meza

Lender

Southstar Funding Llc

Loan start date

August 2006

Original loan amount

$236,000

Est. remaining balance

Not provided

Interest rate

8.75%

Loan type

Not Provided, 30 year

Seller

Luis Alex Meza

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: 01/30/2025 at 8:35 PM

Listing updated: 01/30/2025 at 8:05 PM

Listed by: Monica Gasser, Coldwell Banker Realty Phone #: (786) 670-4073

MLS: SEF #A11733831

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