420 N Hibiscus Dr, Miami Beach, FL, 33139 | $65,000

Offered for annual lease, this modern masterpiece by award-winning architect Ralph Choeff is located on the coveted, guard-gated Hibiscus Island and delivers elevated island living in one of Miami Beach’s most exclusive enclaves. Newly completed, the residence makes a striking first impression with a dramatic 20-foot glass foyer, floating staircase, wide-plank white oak floors and 3 car garage. Natural light fills the open-concept layout, seamlessly blending indoor and outdoor living. The sleek Mia Cucina kitchen is equipped with Wolf and Sub-Zero appliances, while additional highlights include an Apple smart home system, private elevator, dedicated gym space, dry sauna, steam shower, and a resort-style pool—designed for comfort, privacy, and ease. The expansive primary suite features dual en suite baths and custom walk-in closets, and the rooftop terrace captures breathtaking panoramic skyline views. The home is partially furnished, offering a refined foundation with flexibility to personalize. Residents enjoy exclusive island amenities including tennis courts, basketball courts, and a playground, all just minutes from South Beach, the Design District, Brickell and Miami International Airport.

Features

  • Type: Single Family Residence
  • Amenities: Basketball Court,Maintenance,Other,Playground,Guard
  • Bedrooms: 5
  • Baths: 6 full / 1 half
  • Style: Tri-Level
  • Year Built: 2019
  • Garage: 3-car Circular Driveway,Covered,Garage Door Opener
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 5,642
  • Lot Desc: < 1/4 Acre
  • View: Intercoastal,Other,Water
  • Elem. School: South Pointe
  • Middle School: Nautilus
  • High School: Miami Beach
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Built-In Oven,Dryer,Dishwasher,Electric Water Heater,Disposal,Gas Range,Refrigerator,Self Cleaning Oven,Washer
  • Lease Term Type: 12 Months
  • MLS#: A11965720
  • Days on Market: 19 days
  • Website: https://www.raveis.com
    /prop/A11965720/420nhibiscusdr_miamibeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MIAMI Association of REALTORS. The information being provided is 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.
Listing courtesy of DOUGLAS ELLIMAN   Phone: 305-695-6300

William Raveis Family of Services

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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420 N Hibiscus Dr, Miami Beach, FL, 33139

$65,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $52,000 $52,000 $52,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $320 $328 $432
Total Monthly Payment $395 $403 $507

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.