56 S Hibiscus Dr, Miami Beach FL 33139, MIAMI BEACH, FL, 33139
Active442 days on marketListed May 30, 2025MLS #A11805613
About this home
56 S Hibiscus Dr, Miami Beach FL 33139
Welcome to Casa Babette—a renowned waterfront estate on the exclusive Hibiscus Island, celebrated for its artistic legacy and refined design. Originally landscaped by a celebrated artist from Majestic Gardens, this extraordinary residence is a true work of art, timeless elegance, and sophisticated craftsmanship. Set against the shimmering backdrop of Biscayne Bay, Casa Babette offers breathtaking water views, a private dock, and seamless indoor-outdoor living. Inside, every detail has been thoughtfully curated, with custom interiors by the acclaimed Kakar House of Design. Located in one of Miami Beach’s most prestigious and secure communities, Hibiscus Island, Casa Babette offers both land and water security—an unparalleled lifestyle in the heart of paradise.
Facts & features
The home at a glance
4
Bedrooms
4.5
Bathrooms
3,092
Sqft
2
Garage
1934
Year built
$4,819
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$96,728 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$96,728/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+554.3%
$/sqft vs HIBISCUS ISLAND
$4,819 vs $2,978
Days on market
442 vs 91 typical
Where $4,819/sqft sits among the 6 homes for sale in HIBISCUS ISLAND
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Hibiscus Island
Get to know Miami Beach. See the full Miami Beach guide →
Hibiscus Island — neighborhood snapshot
Population
353
Median age
35
Median income
$249,028
Median home value
$2,000,000
Avg household
3
Households w/ children
59%
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
0 of 6
HIBISCUS ISLAND have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 21186% above the MIAMI BEACH 33139 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 56 S Hibiscus Dr
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$3,900,000
118 E 3rd Ct, Miami Beach FL 33139 · same community
4 bd · 4 ba · 2,517 sqft · $1,549/sqft · 223 DOM
Sold · Apr ’26$9,500,000
375 S Hibiscus Dr, Miami Beach FL 33139 · same community
6 bd · 6.5 ba · 4,286 sqft · $2,217/sqft · 27 DOM
Sold · May ’26$18,500,000
94 S Hibiscus Dr, Miami Beach FL 33139 · same community
4 bd · 5.5 ba · 4,866 sqft · $3,802/sqft · 171 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 56 S Hibiscus Dr — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 56 S Hibiscus Dr — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
56 S Hibiscus Dr FAQs
What would the monthly payment be for 56 S Hibiscus Dr, Miami Beach FL 33139?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $96,728/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 56 S Hibiscus Dr, Miami Beach FL 33139?+
The most recent tax bill on record (2025) was $126,970. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami Beach?+
At $14,900,000, this home is listed about 2193% above the Miami Beach median of $649,900. The market section on this page shows how the area is trending.
Which schools are assigned to 56 S Hibiscus Dr, Miami Beach FL 33139?+
District Instructional Center (Dic) (), Miami Beach South Pointe Elementary School (elementary), Miami Beach Senior High School (high), Miami Beach Nautilus Middle School (middle), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$14,900,000 runs 21186% above the MIAMI BEACH 33139 median — but at 3,092 sqft it's also nearly 3 times the size of the typical Miami Beach listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
442 days on market against a Miami Beach median of 91 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
District Instructional Center (Dic), Miami Beach South Pointe Elementary School, Miami Beach Senior High School, Miami Beach Nautilus Middle School, Instructional Center System Wide, Title I Migrant Education Program — Miami Beach South Pointe Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of Douglas Elliman · Lourdes Alatriste. MLS #A11805613.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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