405 N Hibiscus Dr · Miami Beach, FL 33139 · South Beach

Island Club of South Beach

2-story low-rise, completed 1960, 20 residences in South Beach. 2 for sale on Nov 2, 2026.

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At a glance Island Club of South Beach (405 N Hibiscus Dr, South Beach) is a 2-story, 20-unit building completed in 1960. As of Nov 2, 2026, 2 units are for sale and none for rent; 1 sale closed in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
2
For rent
0
Sold
1last 12 months
Built
1960
Floors
2
Residences
20county
Flood zone
AEFEMA
Owner-occupied
35%
Avg. unit
682sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Island Club of South Beach.

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Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

The read on Island Club of South Beach.

Activity as of Nov 2, 2026
  • A quiet record. The most recent sale on record closed Mar 26, 2026; 9 sales are on record since 2019.
Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Island Club of South Beach is a low-rise condominium of two floors at 405 N Hibiscus Dr in South Beach, built in 1960. County folio records count 20 residences, averaging 682 SF of living area.

Two units were for sale on November 2, 2026, asking $620K to $1.2M ($1,000 to $1,935/SF). One sale closed between November 2, 2025 and November 2, 2026 at $550K, $887/SF. The year before saw one closed sale.

One lease was signed over the same 12 months, at $3,600 a month.

County records show 35% of residences as owner-occupied, which points to an investor-heavy ownership base.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
405 N Hibiscus Dr, Miami Beach 33139
Neighborhood
South Beach
Year built
1960
Floors
2
Residences (county-verified)
20
Owner-occupied
35% of residences
Avg. unit size
682 sq ft
Total living area
13,640 sq ft
County condo folios
20
Recorded MLS listings
22

The numbers at Island Club of South Beach.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$754$1,508$5322019$6412021$6852022$9612023$1,5082024$1,3892025$8872026$754$1,508$5322019$6412021$68520222023$1,50820242025$8872026

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)1$887*––
20251$1,389*2$4,050/mo*
20241$1,508*––
20232$961*3$5,000/mo
20221$685*––
20212$641*2$4,300/mo*
2020––3$1,750/mo
20191$532*1$1,700/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 9 sales · 11 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 2

UnitBDBASFAskedClosed$/SFClose dateDOM
20211620$680,000$550,000$887Mar 26, 202672
20311540$795,000$750,000$1,389May 16, 2025224

Leases signed Nov 2, 2025 to Nov 2, 2026 · 1

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
20311540$3,600/mo$3,600/mo$6.67Nov 7, 2025113

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Island Club of South Beach.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 10 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Nearby

Around Island Club of South Beach

5 more nearby

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Island Club of South Beach's closed sales and what is listed now. Then we talk it through.

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Looking here?

Get alerts when a unit lists or sells

When a unit at Island Club of South Beach lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group