Hibiscus and Palm Islands

Request more information
  1. Home
  2. Hibiscus and Palm Islands

Hibiscus Island, a beautiful man-made island in Biscayne Bay, within Miami Beach city limits is a wonderful South Beach neighborhood to reside in. Hibiscus Island Miami Beach is an exclusive residential neighborhood that features high property values. This island is only accessible via Palm Island; with both islands being security guarded 24/7, and offer residents a secure lifestyle within Miami Beach. Despite it’s exclusivity, Hibiscus Island is accessible via the MacArthur Causeway, which links the island to Miami Beach proper and Greater Miami Dade County.

In 1922, the dredging, which created the reclaimed land that made Hibiscus Island, was completed, as well as the work for Palm Island and Star Island. The twin man-made islands, Hibiscus and Palm Islands became popular getaways for notables and celebrities alike, as the effects of the Great Depression diminished. During the 1940s and 1950s, Hibiscus Island gained in popularity due to its proximity to Palm Island, which was internationally known for the Famous Latin Quarter Nightclub, where big-named entertainers such as Dean Martin, Tony Bennett, Sammy Davis Jr., and Frank Sinatra came to entertain the Winter season crowds.

Today, Hibiscus Island is comprised of single-family mansions and multi-family apartment or condominium units. An array of architectural styles can be found on the island ranging from Modern to Mediterranean Revival. Fortunately, for those seeking Miami Beach waterfront homes, properties can either be waterfront or dry lots. As most residents are avid boaters, and enjoy boating as a regular pastime, Hibiscus Island is the ideal choice as there are no fixed bridges, which, in turn, allow for various-sized boats to be moored easily in the neighborhood.

Hibiscus Island is an ideal neighborhood for active individuals or people with families, as Palm and Hibiscus Islands share a community area featuring tennis, basketball, and racquetball courts, as well as a children’s park. Children and teenagers who reside on Hibiscus Island fall into the Miami-Dade County Public Schools district, and attend the following schools: South Pointe Elementary School, Nautilus Middle School, and Miami Beach High School.

Currently, the average listing price is $9,000,000; while the current average rental price is $30,000 a month. In addition, the average sold price is $5,000,000. Property values range from $1,800,000 to $30,000,000. Rental price ranges from $6,500 to $80,000 a month.

Palm Island Miami Beach is located just south of Hibiscus Island, and is a neighborhood of South Beach within the city of Miami Beach. This man-made island is located in Biscayne Bay, and is solely accessible via the MacArthur Causeway, which links the island to Greater Miami Dade County and Miami Beach proper. Property values on this Miami Beach Island are relatively high, as it is a highly coveted island to live on, as the entire island is only 82 acres in size.

The 1940s and 1950s were an interesting time for Palm Island, as it was not solely residential. The Famous Latin Quarter Nightclub, owned by Lou Walters, the father of internationally known journalist Barbara Walters, became the mid-century destination for big-named entertainers such as Dean Martin, Tony Bennett, Sammy Davis Jr., and Frank Sinatra. These crowd-pleasing entertainers would perform three shows a night for crowds of celebrities and tourists vacationing in Miami Beach during the popular winter months. Al Capone was one of the first residents on the island.

Nowadays, Palm Island is comprised of single-family mansions, and is revered as one of Miami Beach’s most exclusive and luxurious neighborhoods. Architectural styles on Palm Island range from Mediterranean Classic to Art Deco and Miami Modern. Both waterfront and dry lot homes are available on the island. Current well-known residents include Latin heartthrob, Enrique Iglesias; Mexican songstress, Anna Gabriel; Irish American actress, Gabriel Anwar; and Barbara Walters, among others.

Miami Beach’s Palm Island is the ideal place for avid boaters to call home, or to use as a vacation oasis. A great majority of the homes on this island have over 90 feet of waterfront space and large boats and yachts are commonly seen docked at residences. Palm Island is definitely a go-to location for those looking to find the perfect Miami Beach waterfront homes.

Palm Island Miami Beach is an ideal neighborhood for active individuals or people with families, as Hibiscus and Palm Islands share a community area, which features a children’s playground, as well as racquetball, tennis, and basketball courts. Children and teenagers who reside on Hibiscus Island fall into the Miami-Dade County Public Schools district, and attend the following schools: South Pointe Elementary School, Nautilus Middle School, and Miami Beach High School.

The current average listing price is $13,000,000; while the current average rental price is $85,000 a month. The average sold price for a property on Palm Island is $6,500,000 Property value ranges from $4,200,000 to $32,000,000. Rental price ranges from $15,000 to $150,000 a month.

  • Price Range

    to
  • Bathrooms

    • 0
    • 1
    • 2
    • 3
    • 4
    • 5
    • 5+
  • Bedrooms

    • Studio
    • 1
    • 2
    • 3
    • 4
    • 5
    • 5+
  • Type

  • Living size

    to
  • Year Built

    to
  • Waterfront description

  • Parking spaces

  • Land size

    to
  • Newest Listings
Showing 1 to 24 of 45 Properties.

Search results

  • Address
  • Price
  • % / $
  • Beds
  • Baths
  • Living Size
  • Price / SF
  • Development / Subdivision

Mortgage calculator

Let's us know the best time for showing. (305) 332-2346
  • Purchase Price
  • % Down Payment
  • Term
  • Interest Rate
Mortgage breakdown
  • Mortgage Amount
  • Down Payment Amount
  • Monthly Amount
  • Total Monthly Amount (Principal & Interest, and PMI)
Close

Email to a friend

Recommend this to a friend, just enter their email bellow
Friend's Information
Your Information
* Required fields
Close
Email Sent! Your email was sent succesfully
Close

Save this search

  • Search Name(*)
  • Email Updates
  • Only Update me On
Save Search
Close
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    When are you looking to purchase?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need assistance with financing?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need to also sell your property?