225 N Hibiscus Dr, Miami Beach FL 33139

$9,975,000

$1,414.89/Sq Ft

  • 8 Beds
  • 5 Baths
  • N/A Parking
  • 7050 ft²
Description

Rare Opportunity to build your mansion with your mega yacht on over a half acre (26,250 sq ft) of unrestricted no fixed bridges ocean access on 150 linear feet of direct waterfront on Hibiscus Island, or possibly split the lots and build two homes. This police gated island has undergone major improvements with new streets, sewers, bike paths. Site has a private gate. No houses across the street for extra privacy. The existing structure on the lot is 7050 sq ft living area and most likely teardown. “Compare Your Construction of a new home to 72 Palm Ave that was built 2017 with 14,200 sq ft that sold in 2019 for $24,570,000 “

Marvel Avellanet
Marvel Avellanet

Real Estate Broker

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Technical Summary
Price$9,975,000
Beds8
Baths5
Area7050 ft²
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