$20,996,000
Active
$20,996,000
226 Rivo Alto
Miami Beach, FL 33139
5 bd6.5 ba0 sqft
Rivo Alto Amd
$24,000,0003 days on marketClosed
205 N Hibiscus Drive, Miami Beach, FL 33139
Miami Beach, FL 33139
4
Beds
3
Baths
4,097
Sq Ft
$5,858
$/Sq Ft
1956
Year Built
0.48 acres
Lot Size
Listing Snapshot
| List Price | $24,000,000 |
| Price / Sq Ft | $5,858 |
| Beds | 4 |
| Baths | 3 |
| Living Area | 4,097 sqft |
| Lot Size | 0.48 acres |
| Year Built | 1956 |
| Property Tax | $239,661/yr |
| MLS # | 1182479820 |
| Status | Closed |
| Days on Market | 3 |
About This Home
A RARE HIBISCUS ISLAND DEVELOPMENT OPPORTUNITY. An extraordinary chance to create a landmark custom estate on one of Miami Beach’s most coveted private islands. This rare lot presents a premier canvas for a developer, builder, or end user with the vision to deliver a truly exceptional ultra-luxury residence.Envision a massive, architecturally significant custom home designed around grand-scale indoor-outdoor living, resort-style entertaining, dramatic interiors, and the elevated lifestyle synonymous with Hibiscus Island. Create a private sanctuary featuring expansive living spaces, a showpiece pool and outdoor oasis, lush tropical landscaping, and bespoke amenities worthy of Miami’s most discerning buyer.Surrounded by prestigious waterfront estates and just minutes from Miami Beach, South Beach, Downtown Miami, Brickell, world-class dining, shopping, marinas, and nightlife, this is more than a homesite—it is an opportunity to create the next iconic Miami Beach estate.Bring your architect. Bring your vision. Build something unforgettable.
General Features
- Property Type
- Residential
- Sub-type
- SingleFamilyResidence
- Stories
- 1
- Direction Faces
- North
- Parking
- CircularDriveway
- Zoning
- 0800
- Subdivision
- HIBISCUS ISLAND
Interior Features
- Appliances
- Dishwasher,Refrigerator
- Flooring
- Tile
- Heating
- Central
- Cooling
- CentralAir
- Interior Features
- Other
Exterior Features
- Construction
- Block
- Exterior Features
- Other
- Roof
- Other
- Lot Features
- QuarterToHalfAcreLot
- Pool
- Yes
- Pool Features
- Other
- View
- Ocean,Other
- Waterfront
- No
- Waterfront Features
- None,OceanFront,Other
Community Features
- Association Amenities
- Gated
- MLS Area
- 2320
Schools
ElementaryMiami Beach South Pointe
MiddleMiami Beach Nautilus
HighMiami Beach
Map
Virtual Tour
View Virtual TourListed by Olivia Carbe · Agentwise Realty
MLS# 1182479820 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1182479820 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $19,200,000
%
Est. Monthly$150,950
Principal & Interest$130,978
Property Tax$19,972
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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