Own South Beach

Island Club of South Beach

405 N Hibiscus Dr · Built 1960 · 2 floors · 20 residences

2 for sale
For sale
2
0 pending · 24.0 mo supply
Median asking
$938K
from $675K
Median $/sqft
$1,512/sqft
$887/sqft sold, 12 mo
Days on market
21
72 to sell · 1 in 12 mo
Island Club of South Beach
Listing photo · courtesy of The Corcoran Group · MLS #A12044925

Located on Hibiscus Island in Miami Beach, the Island Club of South Beach is the only condominium building on the island. The property is situated in an exclusive gated community surrounded by bayfront estates, offering a combination of privacy and proximity to South Beach and Downtown Miami.

The building provides residents with access to waterfront amenities, including a bayfront swimming pool and a BBQ gazebo. The community features a dock with rentable boat slips, as well as tennis courts, basketball courts, a playground, and dedicated bike lanes.

Live near more of Miami

What surrounds Island Club of South Beach: seasonal events, annual programs and lifestyle indexes, measured from the building.

1 participating restaurants nearby
Miami Spice Index 14 · #145 in South Beach
Nearest restaurant: Joia Beach Restaurant and Beach Club, 0.6 mi
#145 in South Beach · #753 in Miami
0 menus lunch · 1 menus dinner
1 restaurants nearby
  • Joia Beach Restaurant and Beach Club0.6 mi

Distances are straight-line, not walking or driving.

Getting around

South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
51
/ 100
B−
own.miami Score

A data-grounded score for Island Club of South Beach from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value12
$1,512/sqft — vs. Miami condos
Momentum50
Recent price trend
Liquidity46
24.0 months of supply · 21 days on market
Health90
No verified records yet — listing signals only
Waterfront90
Waterfront building
Age0
Built 1960
own.miami Condo Index
143100 = the median Miami condo, by price and liquidity.
Rank
#83 of 597 tracked Miami condos
Top 14% by price & liquidity
#21 of 86 in South Beach
Momentum
→ Steady
$1,512/sqft median ask
Liquidity
Warm
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Island Club of South Beach; bars are closings per month.

$865$887$909Mar 2026Jun 2026Aug 2026

Location

Nearby buildings within half a mile.

Building facts

Address
405 N Hibiscus Dr
Year built
1960
Floors
2
Residences
20
Waterfront
Yes

Amenities

  • · Swimming pool
  • · BBQ gazebo
  • · Community dock
  • · Tennis courts
  • · Basketball courts
  • · Playground
  • · Walking and biking streets
  • · 24-hour security

Building rules

Parking
The property includes one deeded/assigned parking space and additional guest parking.

Special assessments & recertification outlook

Elevated
  • Built 1960 — past its first structural milestone; next inspection around 2035

Estimated from Island Club of South Beach’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Frequently asked

How much do condos at Island Club of South Beach cost?+

There are 2 condos for sale at Island Club of South Beach, from $675,000, with a median asking price of $937,500 ($1,512/sqft).

Is Island Club of South Beach a good time to buy?+

Island Club of South Beach currently has about 24.0 months of supply — a buyer-friendly pace with more negotiating room.

How much are the HOA fees at Island Club of South Beach?+

HOA / maintenance fees at Island Club of South Beach run around $727 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Island Club of South Beach a waterfront building?+

Yes — Island Club of South Beach is a waterfront building (South Beach).

When was Island Club of South Beach built?+

Island Club of South Beach was built in 1960, 2 stories, 20 residences.

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