24 South Hibiscus Drive

Miami Beach, FL 33139

$59,900,000
Price
7
Beds
8,110 Sq. Ft.
$7,386 / Sq. Ft.
8,110
Sq. Ft.
$7,386
per Sq. Ft.

Description

This Mykonos-inspired masterpiece, owned by former Ferrari F1 driver Eddie Irvine, redefines luxury island living. Featured in design magazines, this 13,000+ sqft estate offers 7 bedrooms, 7.5 bathrooms, detached guest suites, and Miami’s only over-water dock house. Highlights include a two-level pool, a stone footbridge and a three (now outlawed) staircases that descend into the water. Expansive rooftop terraces and a watchtower showcase the stunning southeast-facing views and 150 feet of pristine...This Mykonos-inspired masterpiece, owned by former Ferrari F1 driver Eddie Irvine, redefines luxury island living. Featured in design magazines, this 13,000+ sqft estate offers 7 bedrooms, 7.5 bathrooms, detached guest suites, and Miami’s only over-water dock house. Highlights include a two-level pool, a stone footbridge and a three (now outlawed) staircases that descend into the water. Expansive rooftop terraces and a watchtower showcase the stunning southeast-facing views and 150 feet of pristine water frontage. Located on guard-gated Hibiscus Island which features family-friendly amenities including tennis & basketball courts, one of the most highly sought after locations in Miami Beach.
  1. Listed by Kristi Bachan • LoKation • 954-980-4527

Property Details for 24 South Hibiscus Drive

Subdivision
HIBISCUS ISLAND
Style
WF/Pool/Ocean Access
Waterfront
Yes
Waterfront Description
Bay Front, Intracoastal Front, Ocean Front
View
Ocean View, Pool Area View
Area
32
Auction
No
Sq Ft Total
8110
LISTING UPDATED: 01/21/2025 10:06 AM

Property Details for 24 South Hibiscus Drive

StatusActive
MLS #A11719528
Days on Market54
Taxes$263,572 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single
Year Built2003
Lot Size0.45 AC / 19,687 SF
CountyMiami-Dade County

Building Information for 24 South Hibiscus Drive

Stories-Year Built2003Building Size-Lot Size0.45 AC / 19,687 SF

Property Information for 24 South Hibiscus Drive

Location Information
Schools
  • Elementary School: South Pointe
  • Middle School: Nautilus
  • Senior High School: Miami Beach
Location Information
  • Parcel Number Free Text: 02-32-32-006-0670
  • Parcel Number MLX: 0670
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 32
  • Subdivision Number: 6
  • Subdivision Complex Bldg: HIBISCUS ISLAND
  • Zoning Information: 0800
General Information
Parking
  • Num Garage Spaces: 2
  • Parking Description: Driveway
General Information
  • Front Exposure: South
  • Housing Older Persons Act: Unverified
  • Property Sq Ft: 19687
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • Waterfront Frontage: 150
  • Water Access: Private Dock
  • Pool: Yes
  • Pool Description: Below Ground Pool
  • Pool Dimensions: 90x50
  • Design: Detached
  • Design Description: Mediterranean, Modern/Contemporary
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Roof Description: Concrete Roof, Other Roof
  • Flooring: Other Floors, Tile Floors
  • Floor Description: Other Floors, Tile Floors
Room Information
Room Information
  • Rooms Description: Separate Guest/In-Law Quarters, Guest House, Maid/In-Law Quarters, Media Room
  • Bedroom Description: Primary Bedroom Upstairs
  • Master Bathroom Description: Separate Tub & Shower
  • Master Bath Features: Separate Tub & Shower
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
Additional Property Information
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry
  • Equipment Appliances: Dryer, Gas Range, Refrigerator, Washer
  • Exterior Features: Built-In Grill, Open Balcony, Open Porch
  • Subdivision Information: Community Tennis Courts, Gated Community, Other Subdiv/Park Info
Financial Information
Financial Information
  • Total Mortgage: $8,450,000
  • Type of Association: None
  • Flood Zone: AE
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions

Property History for 24 South Hibiscus Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 24 South Hibiscus Drive

Taxable ValueLand$13,190,290Additions$1,896,662Total$15,086,952
Tax Record2024$263,572 ($21,964 / month)
Home Facts
Beds1Total Finished SqFt4,604 SqFtAbove Grade Finished SqFt4,604 SqFtStories2Lot Size19,687 SqFtStyleSingle Family ResidenceYear Built2003Zoning0800:SGL FAM,CountyMIAMI-DADEAPN02-3232-006-0670

Schools near 24 South Hibiscus Drive

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
South Pointe Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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24 South Hibiscus Drive is a single family home for sale in Miami Beach, FL 33139. This property was listed for sale on January 7, 2025 by LoKation, it's currently listed at $59,900,000. It has been on the market for a total of 54 days and was last sold on April 30, 2021. This listing's school district is Miami-Dade County Public Schools. Nearby schools include South Pointe Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 24 South Hibiscus Drive is a 7-bed, 7.5-bath, 8,110 sqft single family home built in 2003.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LoKation

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.