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Stunning Hibiscus Island Home Listed for $20 M

December 29, 2016

The stunning Hibiscus Island waterfront home located at 440 S Hibiscus Drive, Miami Beach was recently listed for $20 million, or nearly $3,000 per square foot. Owner Aldo Scarpatetti, a Switerzerland-based doctor, entrusted the job of selling the estate to famed Miami Beach luxury real estate broker, Julian Johnston.

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The contemporary home, which was completed this year, is a two story, 6,700 square foot home that features an open living, dining, and kitchen space with Miele, Wolf, and Subzero appliances.

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Sitting on a 11,077 square foot lot, the home features westerly bay wide sunset views and direct ocean access. This 6 bedroom, 6 and a half bathroom home features balconies in all bedrooms, a movie theatre with leather recliners, and a gym.

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Outdoor aficionados will appreciate the outdoor features of this wonderful Hibiscus Island home. Outdoor amenities include an outdoor kitchen, a heated infinity edge 12-foot lap pool, a shallow sun area and hot tub, a fire pit, and an expansive rooftop lounge with spectacular 360-degree views. Avid boat lovers will appreciate the 85 feet of water frontage featuring a dock and boatlift.

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Scarpatetti has owned the property since 2012, when a trust in his name purchased the property for $5.5 million. In 2013, the Miami Beach Design Board approved demolition plans of the previous home, which was built in 1994. “Villa Scarpatetti” was designed by Mateu Architecture.

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For more information on this luxurious Hibiscus Island waterfront home or any other Miami Beach waterfront home or Miami Beach condo, please feel free to reach us at miawaterfront.com, and we will guide you along the way.

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