240 S HIBISCUS DR, Miami Beach, FL 33139

Parcel: 0232320060020 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$9,782,136

Property Details

Beds
5
Baths
5.5
Living Sqft
4,621
Year Built
2012
Lot Sqft
10,500
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$196,000
1988-01-01
2
$1,460,000+645%
2019-05-31
FRANK MARRERO &W ROSA240 SOUTH HIBISCUS LLC
3
$13,200,000+804%
2024-05-29
240 SOUTH HIBISCUS LLCBARRY M BRANT TRS
4
$13,200,000
2024-06-06

Tax Assessment History

$9,782,136
Assessed (2025)
$9,782,136
Market Value
$9,782,136
Taxable Value
$199,156
Annual Tax
2024
$6,459,553
$8,278,049
2025
$9,782,136
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $9,782,136 $9,782,136 $9,782,136 $199,156
2024 $6,459,553 $8,278,049 $6,459,553 $131,511

About 240 S HIBISCUS DR, Miami Beach, FL 33139

240 S HIBISCUS DR, Miami Beach, FL 33139 is a 5-bedroom, 5.5-bathroom residential - single family : 1 unit built in 2012 with 4,621 square feet of living space on a 10,500 square foot lot. The property is currently owned by BARRY M BRANT TRS HIBISCUS PROPERTY TRUST, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2024-06-06 for $13,200,000. There are 4 recorded sales for this property. The 2025 assessed value is $9,782,136 with a market value of $9,782,136.

This breaks down to $7,035,000 for the land and $2,747,136 for the building. The assessed value increased 51% from $6,459,553 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $189,605, and the median home value is $1,453,400. The population density is 3,945 people per square mile.

There are active mortgage liens totaling $2,395,591 recorded against this property. 240 S HIBISCUS DR, Miami Beach, FL 33139 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1988 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 74% of the most recent sale price. Based on the most recent sale, this property traded at $2857 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

BARRY M BRANT TRS HIBISCUS PROPERTY TRUST
200 S BISCAYNE BLVD 7 FLR, MIAMI, FL, 33131
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$59,092 — $98,621
Flood $400 — $800
Property/Wind $58,692 — $97,821

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$189,605
Median Home Value$1,453,400
Pop. Density3,945/sq mi

Neighborhood 33139

20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$2,500,000
~$2,395,591 bal.
POPULAR BANK · 2022-09-08
Est. Total Balance $2,395,591
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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