StatusAccepting Backup Offers (Active Under Contract)
About 290 S Hibiscus Dr
Location & Price! The best of both worlds. This never before listed premier Hibiscus Island property is now available and perfect for someone looking to knock down and create their own style Dream house of waterfront property with the best sticker price. This timeless piece is within 5 minutes driving to Miami's Beaches, Cruise lines and Miami's Downtown area. The island offers private tennis courts and playground for their residents. Property will require the seawall to be repaired. Except for seawall repairs the house is charming with unique characters of the 1950's.
Property Details
Property Features
Property Information:
Architectural Style: One Story
Year Built: 1954
Stories: 1
Living Area: 1,792 SqFt
Listing Office:
Office Name: Dream Life Realty
Office Phone: (786) 534-6877
Listing Agent: Margarita Lozano
Interior Features
Interior Information:
Appliances: Electric Range, Refrigerator, Washer
Flooring Type: Tile
Interior: Bedroom on Main Level, Dining Area, First Floor Entry, Separate Shower
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Waterfront: Bay Front
View: Bay, Water
Exterior: Fence, Fruit Trees, Lighting, Porch, Room For Pool
Miami Beach Senior High School, Public District Grades 9-12
Nautilus Middle School, Public District Grades 6-8
South Pointe Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Take the Macarthur Parkway and turn North onto the Hibiscus and Palm Island entrance bridge. Hibiscus Island is located after the second bridge. Once you enter the island turn right and circle around the island. The subject property is on the south side.
Price Information
Listing Price Info
Price Summary:
List Price: $9,500,000
Price Per SqFt: $5,301/SqFt
Tax Information:
Annual Amount: $13,904
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Miami Beach, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$47.4K
Per Month
Principal & Interest
$47.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$28.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school1.61 miles
Public District Grades PK-5
Middle School
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.83 miles
Public District Grades 6-8
High School
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school2.09 miles
Public District Grades 9-12
Assigned Schools
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school1.61 miles
Public District Grades PK-5
Nearby Schools
10
/10
Miami Children's Museum Charter School
980 Macarthur Cswy
Distance between this listing and this school0.88 miles
Public Charter Grades PK-5
5
/10
Fienberg/Fisher K-8 Center
1420 Washington Ave
Distance between this listing and this school1.88 miles
Public District Grades PK-5
Assigned Schools
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.83 miles
Public District Grades 6-8
Nearby Schools
3
/10
Aspira Eugenio Maria De Hostos Youth Leadership Charter School
1 NE 19th St
Distance between this listing and this school2.15 miles
Public Charter Grades 6-8
4
/10
Theodore R. and Thelma A. Gibson Charter School
1698 And 1682 Nw 4th Ave
Distance between this listing and this school2.52 miles
Public Charter Grades PK-8
Assigned Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school2.09 miles
Public District Grades 9-12
Nearby Schools
10
/10
I Preparatory Academy
1500 Biscayne Blvd
Distance between this listing and this school1.77 miles
Public Magnet Grades 9-12
8
/10
Miami-Dade Online Academy- Virtual Instruction Program
1501 NE 2nd Ave
Distance between this listing and this school1.81 miles
The neighbors living near this home have an average income of $102,500. The most common annual income of people living in Miami Beach, FL is $200k+. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 290 S Hibiscus Dr
What is the listing price of this property?
The listing price of 290 S Hibiscus Dr property is $9,500,000.
What type of property is this?
The property 290 S Hibiscus Dr is a house located in Miami Beach, Florida, 33139.
Is this property for sale now?
Accepting Backup Offers: 290 S Hibiscus Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 290 S Hibiscus Dr are: South Pointe Elementary School: GreatSchools Rating 6/10Nautilus Middle School: GreatSchools Rating 5/10Miami Beach Senior High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $13,904 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 290 S Hibiscus Dr has 3 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 290 S Hibiscus Dr is 1,792 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 290 S Hibiscus Dr is 1954.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 290 S Hibiscus Dr in Miami Beach, FL and zip code 33139 in the Venetian Islands neighborhood. This 1,792 square foot home was built in 1954. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $9,500,000.
Over 6 listings were sold over their listed price in March 2024 in Miami Beach, FL. In the same period over 118 listings were sold below the listed price and 12 listings were sold for the listed price. The number of listings in Miami Beach, FL increased by 8.6% between February 2024 and March 2024. The median list price of listings available in March 2024 was $569,797, while the average time on the real estate market was 85 days.
From Rocket Homes Real Estate and based on county public records data.