116 W 1st Ct, Miami Beach FL 33139, MIAMI BEACH, FL, 33139
Active140 days on marketListed Mar 28, 2026MLS #A11990312
About this home
116 W 1st Ct, Miami Beach FL 33139
Impressive residence on the exclusive Hibiscus Island, Miami Beach. Spectacular property with 4 bed/4 bath offers an oasis of elegance and comfort in one of the city’s coveted location. With a generous 2,431 square feet of living space and a 9,750 square foot lot, this home blends style and functionality. Distinguished by its high-end finishes and sophisticated architectural design, every corner meticulously crafted to provide maximum comfort and luxury. Spacious living area with panoramic windows that flood the interior with natural light, to the gourmet kitchen equipped with state-of-the-art appliances, every detail has been designed for enjoyment and ease. The home features a large patio with an elegant pool, pergola. Click on virtual tour.
Facts & features
The home at a glance
4
Bedrooms
4
Bathrooms
2,431
Sqft
1953
Year built
$12
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$377 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$377/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.
$/sqft vs HIBISCUS ISLAND
$12 vs $2,978
Days on market
140 vs 91 typical
Where $12/sqft sits among the 7 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 7
HIBISCUS ISLAND have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 57% below the MIAMI BEACH 33139 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 116 W 1st Ct
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 116 W 1st Ct — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 116 W 1st Ct — 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
116 W 1st Ct FAQs
What would the monthly payment be for 116 W 1st Ct, Miami Beach FL 33139?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $377/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 116 W 1st Ct, Miami Beach FL 33139?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami Beach?+
At $30,000, this home is listed about 95% below the Miami Beach median of $649,900. The market section on this page shows how the area is trending.
Which schools are assigned to 116 W 1st Ct, 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
Three things that matter here
01Under the MIAMI BEACH 33139 market on paper
$30,000 is 57% below the MIAMI BEACH 33139 median of $70,000, and at $12/sqft it sits under the Miami Beach average of $1,073.
02None views
The none view is part of what you're buying — views hold value independently of the structure.
03Strong 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 · Liliana Martinez. MLS #A11990312.
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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