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What Are The Most Expensive Homes On Palm And Hibiscus Islands?

November 7, 2016

 The Most Expensive Homes On Palm And Hibiscus Islands

Palm Island and Hibiscus Island are man-made oases off the coast of Miami and South Beach in Biscayne Bay. These two islands have a rich history and a global reputation for exclusivity thanks to the islands’ limited square footage and their premium location. Those who live in these neighborhoods pay top dollar for privacy, luxury, and proximity.

In a locale where nothing is cheap, what are the most expensive homes on Palm and Hibiscus islands?

Our listings database shows that 30 Palm Ave. on Palm Island and 428 S. Hibiscus Dr. are the two priciest for sale now on each island — and for very good reason. Both of these homes exude luxury and exclusivity, fitting in with the rest of the neighborhood, as well as the island’s history and reputation.

Palm Island

This home, at 30 Palm Ave., is a modern masterpiece on Palm Island, providing security in addition to exclusivity. And for $32 million asking, whoever buys it will lay claim to the title of one of the most valuable properties on the island. The 32,000 square foot lot hosts a two-level, single-family home with 14,000 square feet, complete with a luxury pool, lounge space, a screening room, pet room, and staff quarters.

This home is luxurious from the curb to the backyard. The front driveway has intricate stonework that adds personality and flair, dressing up a blank canvas. Other front features include a two-car garage and a unique view of the home, mimicking a city landscape. Inside there are luxurious features in every room. The entire first floor feels spacious and open both with high ceilings and glass accents throughout. The second floor feels more inviting with cozier spaces in the bedrooms and bathrooms. Each room has great natural light and the neutral colors, which give a sense or relaxation and luxury.

The amenities on the property push this home over the top. Outside there is a large swimming pool with blue tile for a tropical vibe. The backyard and lounge space mimic the home’s angular look. Inside there is a screening room with a 132-inch screen and 11 recliners, creating a magnificent home theater. There is also a detached gym with windows on all sides, bringing the landscaping into the space.


Hibiscus Island

The home at 428 S. Hibiscus Dr. on Hibiscus Island is one of the best on the island, and its $30 million price tag makes it the crown jewel at the moment. In a prime location in the southwest, the property has amazing views of downtown Miami and beautiful sunsets. The exterior of the home has a modern landscape with angular accents and uniform vertical windows. The lot covers 11,500 square feet with seven beds and baths, in addition to the pool, dock, and lounge space.

The front of the home has a tiled driveway with a three-car garage. Inside, the front entrance opens into a grand foyer, leading into the formal living room, media room, library, and bar. This layout is suitable for entertaining and having guests, keeping the main living quarter separate. Other interior highlights include the gourmet kitchen with Miele appliances, along with the breakfast area and family room. The master suite is especially notable for its luxury with it’s his and hers baths, private balcony, and soaking tub.

Outdoor amenities on the property are the tropical pool and spa, complete with a lounge area, outdoor kitchen, and fireplace. This provides even more space for entertaining and showcasing the luxurious property. The backyard also has a dock for boating and other water sports.

For more information on real estate opportunities on Palm Island and Hibiscus Island, please contact one of our luxury real estate specialists at ARIALuxeRealty.com or feel free to contact us at +1 (305)-791-0002.

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