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$11,732,045Estimated home value

Beds
5
Baths
6.5
sq ft
5,642

420 N Hibiscus Dr, Miami Beach, FL 33139

420 N Hibiscus Dr

Miami Beach, FL 33139

  • Sold On 3/15/2023
    • Price drop $250,000↓
This new modern home was designed by award-winning architect Ralph Choeff, and is situated on guard-gated Hibiscus Island. Upon entering the home, you’re immediately greeted with an abundance of natural light from the 20-ft high glass foyer, accentuated by a floating staircase. The open concept interior along with the wide plank white oak flooring feels effortlessly inviting. Interior features include in-home elevator, Sonos surround sound speakers, motorized window treatments, recessed lighting and linear diffusers. The kitchen is a custom design by Mia Cucina, and features Wolf and Sub-Zero appliances. The Master suite offers dual His / Her en suite bathrooms. On the rooftop, the home boasts 600 SF of terrace space that offers 360-degree views where residents will enjoy Miami sunsets.

Details

Property type

Single Family Residence

Est. home value

$11,732,045

Lot size

0.24 acres

Price per sq ft

$1,498

Year built

2019

Annual property taxes

$95,227

HOA

Yes

Price History

11/16/2024
SEF

SEF #A11465146

Removed
$8,999,000
06/13/2024
SEF

SEF #A11465146

Price change
$8,999,000
-8.64%
04/22/2024
SEF

SEF #A11465146

Price change
$9,850,000
-6.15%

Schools & Community

Neighborhood: 

Hibiscus Island

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Street Lights, Sidewalks, 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

Jpmorgan Chase Bank Na

Loan start date

June 2023

Original loan amount

$5,250,000

Est. remaining balance

Not provided

Interest rate

5.37%

Loan type

New Conventional, 30 year

Seller

420 N Hibiscus Holdings Llc

Lender

Jpmorgan Chase Bank Na

Loan start date

June 2023

Original loan amount

$5,250,000

Est. remaining balance

Not provided

Interest rate

5.37%

Loan type

New Conventional, 30 year

Seller

420 N Hibiscus Holdings Llc

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: Off Market

Tomo last checked: 11/22/2024 at 10:10 AM

Listing updated: 03/29/2023 at 1:20 PM

Listed by: Jeffrey Miller, One Sotheby's International Re Phone #: (305) 538-9711

MLS: SEF #A11269169

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