tomo logo

$24,500,000

Beds
4
Baths
5.5
sq ft
4,866

94 S Hibiscus Dr, Miami Beach, FL 33139

94 S Hibiscus Dr

Miami Beach, FL 33139

  • 1 day on market
Step Inside With Me! This new modern home on gated Hibiscus Island stuns with design, finishes, and downtown views. A 23’ steel door reveals a waterfront salon illuminated through telescopic glass featuring a fireplace and sleek lighting. Outfitted in marble and fluted oak, the culinary experience is complete with hosting island, wine wall & bright dining setting. A floating staircase leads to an office + 4 suites with oak flooring. The primary showcases 2 sitting lounges, grand dressing room, midnight bar, and marble-clad bath that opens to an expansive terrace with skyline vistas. The Southern-facing outdoors are defined by a pool, spa, covered lounge, Summer kitchen, sunken fire pit, sun deck and dock along 60 feet of water. Wellness features: reverse osmosis, UV sauna, and cold plunge.

Details

Property type

Single Family Residence

Est. home value

$9,536,637

Lot size

0.24 acres

Price per sq ft

$5,035

Year built

2024

Annual property taxes

$136,293

Price History

04/01/2025
SEF

SEF #A11773704

Listed
$24,500,000
+279.84%
03/17/2021
SEF

SEF #A10955784

Sold
$6,450,000
+36.08%
08/28/2014
SEF

SEF #A1917541

Sold
$4,740,000

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

March 2021

Original loan amount

$5,160,000

Est. remaining balance

$4,690,318

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

James L Vitas Ii and The Vmd Generations Revocable Trust

Lender

Morgan Stanley Private Bank Na

Loan start date

March 2021

Original loan amount

$5,160,000

Est. remaining balance

$4,690,318

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

James L Vitas Ii and The Vmd Generations Revocable Trust

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: 04/02/2025 at 4:00 PM

Listing updated: 04/02/2025 at 10:21 AM

Listed by: Dina Goldentayer, Douglas Elliman Phone #: (305) 695-6075

MLS: SEF #A11773704

SEF logo