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Hibiscus Island

Introduction

General Overview

Hibiscus Island, once a playground of A-list entertainers like Frank Sinatra and Tony Bennett, is now one of the most sought-after addresses in Miami Beach for today’s rich and famous. This man-made private island sits on the coast of Biscayne Bay, providing the perfect backdrop for waterfront homes on expansive lots.

Miami Beach, where Hibiscus Island is located, is a coastal resort city where tropical and city living coexist. It features vibrant cityscapes brimming with culture, history, and charm with miles and miles of white sand and blue waters as backdrop. 

Aside from its beach culture, cycling is also common among residents of Miami Beach. There’s also an Art Deco District in the city, featuring hundreds of Art Deco hotels, apartments, and other buildings constructed from 1923 to 1943.

Location

MacArthur Causeway is the only road that connects Hibiscus Island to the rest of Miami Beach. The island has a total land area of 0.109 square miles and a population of only 394. Hibiscus Island sits next to Palm Island, another prestigious community in Miami Beach.

Miami Beach sits on natural and man-made barrier islands and has a total area of 18.7 square miles, 7 square miles is land and 11.7 square miles is water. It is subdivided into three main neighborhoods: South Beach, Mid Beach, and North Beach.

Real Estate Community in Hibiscus Island

Average Land Area/House Square Feet

Luxury homes in Hibiscus Island feature up to 7,000 square feet of lot area. This is both for waterfront homes and non-waterfront residences.

Average Market Pricing

Hibiscus Island homes for sale start at $1,795,000. Average property value is between $1,850,000 to $27,990,000, but prices can reach $31,990,000. 

Common Design, Construction, or Architectural Types

Miami Beach and Hibiscus Island real estate range in architectural styles. There are Mediterranean Revival, Streamline Moderne, Spanish, and Art Deco constructions.

Notable Homeowners

From the 1940s until the 1950s, Palm Island and Hibiscus Island became the site of the Latin Quarter Nightclub, where celebrities such as Frank Sinatra, Dean Martin, and Tony Bennettt frequently performed in front of high-profile audiences.

Living in Hibiscus Island

General Cost of Living

The cost of living in Miami Beach is 30% higher than the Florida average and 29% higher than the national average. However, for Hibiscus Island, the score might be higher considering the million-dollar property values in the neighborhood.

Employment/Job Opportunities

High-income families live in the Hibiscus Island enclave. The most profitable jobs are in the following industries: management, business, financial, architecture, engineering, legal, health care, and information technology.

Weather

Miami Beach has a tropical monsoon climate. The tropical rainy season is marked by May and runs through October. Dry season starts in November and lasts through April. Interestingly, Miami Beach is the only mainland US city to never experience freezing temperatures. 

Restaurants

Panther Coffee is a well-known coffee shop not only in Miami Beach but all throughout Miami. For authentic Latin American breakfast or lunch, head to Las Olas Cafe. Another must-try in Miami Beach is La Sandwicherie, serving French sandwiches since 1988.

For huge servings of pizza, Pizza Rustica won’t disappoint. Mediterranean and Greek cuisine is served at Miami Mediterranean. Mexican food lovers will be delighted with the menu options at Taquiza. Those who are looking for acai bowls and other healthy juices, smoothies, and sandwiches, Under The Mango Tree is for you. 

Schools

Hibiscus Island is served by the Miami-Dade County Public Schools. Students in Palm Island attend South Pointe Elementary School, Nautilus Middle School, and Miami Beach High School.

Transportation

Public transportation is a reliable form of transportation in Miami Beach. Many Metrobus lines connect to downtown Miami and the Metrorail. The Metrobus is also popular among commuters.

There’s also the Airport-Beach Express, a direct-service bus line that brings passengers from Miami International Airport to various points in South Beach. 

The pedestrian-friendly Miami Beach has a biking culture. Decobike was launched in 2011 as a public bicycle sharing system that aims to have 1,000 bikes accessible from 100 stations throughout the Miami Beach area.

Parks, Recreational Activities, and Attractions

Hibiscus Island Island has a large park, tennis and basketball courts, a racquetball court, and a children’s playground.

In Miami Beach, South Beach is nicknamed the American Riviera and an Art Deco hotspot. Ocean Drive is known as the Art Deco District, a collection of buildings featuring art deco architecture. For outdoor dining and shopping, head to Lincoln Road.

Attractions in North Beach include the boardwalk, North beach Oceanside Park, and North Beach Bandshell. Meanwhile, Mid Beach takes pride in the Faena District, colorful nightlife, and well-loved restaurants. 

Own a million-dollar home in Hibiscus Island, one of the most desirable exclusive neighborhoods in Miami Beach. Get in touch with The Jills Zeder Group at 305.722.5721 or 305.341.7447 to get started.

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Area:Miami Beach
Re-Sale Price Range:$1,299,000-$27,990,000
Rental Price Range:$13,000-$95,000

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