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Neighborhood Location

Hibiscus Island is a beautiful man-made island located within the city of Miami Beach.  Hibiscus Island Miami Beach is an exclusive residential neighborhood with high property values.  The island is only accessible via Palm Island, and is guarded by security 24/7 offering residents a safe and secure lifestyle.  Hibiscus Island sits in Biscayne Bay, and is accessible via the MacArthur Causeway, which links the island to Greater Miami Dade County and Miami Beach proper.

This man-made island was created in 1922 through dredging.  Hibiscus Island became a popular vacation getaway for notables and celebrities in the early to mid 1900s.  During the 1940s and 1950s, the island gained popularity due to its neighboring proximity to Palm Island, which was internationally known for the famous Latin Quarter Nightclub.  Big names such as Sammy Davis Jr., Frank Sinatra, and Dean Martin performed here.

Today, Hibiscus Island is comprised of single-family mansions, and an array of architectural styles can be found on the island ranging from Mediterranean Revival to Modern.  Properties on the island can be either waterfront or dry lots.  Residents who enjoy boating appreciate that there are no fixed bridges, which allow for various-sized boats to be moored easily in the neighborhood.  Another plus for avid boaters is that boat docks start at 50 linear feet, due to generous oversized lots.

The island shares a community center with Palm Island.  The community area features tennis, basketball, and racquetball courts, as well as a children’s play area.  Notably the island features 92 waterfront homes and 57 dry lots.

Hibiscus Island Real Estate

The average listing price on Hibiscus Island is $9,000,000; while the current average rental price is $30,000 a month.  In addition, the average sold price is $5,000,000.    Property values range from $1,800,000 to $30,000,000.

Community Statistics

For Sale

35%
16 listing

For Rent

40%
14 listing

600 New Listings

+35.20% over previous 30 days

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