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Art Week Score 20 · #141 in South Beach
#141 in South Beach · #343 in Miami
Nearest: Basquiat: Figures, Signs, Symbols, 1.4 mi away
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Island Club of South Beach
405 N Hibiscus Dr · Built 1960 · 2 floors · 20 residences
For sale
2
0 pending · 24.0 mo supply
Median asking
$910K
from $620K
Median $/sqft
$1,468/sqft
$887/sqft sold, 12 mo
Days on market
42
72 to sell · 1 in 12 mo
Island Club of South Beach is a small waterfront condominium on N Hibiscus Dr in South Beach: 20 residences in 2 floors, built in 1960. The building sits in FEMA zone AE, part of the Special Flood Hazard Area with a mapped 1% yearly chance of flooding, and lenders require flood insurance for federally backed or regulated mortgages there. It is in Miami-Dade hurricane evacuation zone B, and the lowest street next to it is 2.4 ft above the highest tide predicted for 2026 at Virginia Key.
Transit and shopping are distant by straight-line measure. The Car-Free Index is 9, the nearest rail station is Museum Park Metromover Station at 2400 m (about 1.5 miles), and the nearest Publix is 2340 m (about 1.5 miles) away.
A public records check run October 21, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher. On the 2025 tax roll, 10% of the 20 units carry a homestead exemption and 30% are owned by a company or trust. Two resale deeds were recorded in the 12 months to October 21, 2026.
Live near more of Miami
What surrounds Island Club of South Beach: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
34 / 100
Nearest Publix: Publix at Publix On The Bay, 1.5 mi
#141 in South Beach · #628 in Miami
Under two miles. Nobody has ever complained about this.
1 Publix stores nearby
Car-Free IndexLive now
9 / 100
Nearest rail station: Museum Park Metromover Station, 1.5 mi
#2 in South Beach · #302 in Miami
Park and ride territory.
1 rail stations nearby
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.
Value3
$1,468/sqft — vs. South Beach condos, then all of Miami
Momentum50
Recent price trend
Liquidity39
24.0 months of supply · 42 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age8
Built 1960 — vs. South Beach buildings
own.miami Condo Index
138Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#175 of 698 tracked Miami condos
Top 25% by price per sq ft
#33 of 121 in South Beach
Momentum
→ Steady
$1,468/sqft median ask
Liquidity
Warm
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Inventory
$1,200,000$1,935/sqft
1 bd · 1 ba · 620 sqft
405 N Hibiscus Dr #202
Listing courtesy of Lifestyle International Realty, Leslie Merino (Lic. #3418735) · MLS #A12073810
$620,000$1,000/sqft
1 bd · 1 ba · 620 sqft
405 N Hibiscus Dr #204
Listing courtesy of The Corcoran Group, Michael Buttacavoli (Lic. #3526928) · 305-308-5690 · MLS #A12044925
Sold $/sqft trend
3-month rolling median of closed sales in Island Club of South Beach; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 405 N Hibiscus Dr
- Year built
- 1960
- Floors
- 2
- Residences
- 20
- Developer
- Corisca Residences, INC
- 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
ElevatedPublic records checked Oct 30, 2026: no liens, lawsuits or regulatory complaints found for the association.
- 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.
Financeability
What the banks say about Island Club of South Beach: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 1
- 0 from banks and credit unions · purchases and refinances
- Sales bank-financed
- —
- 2 recorded sales, 12 months · Resales only
- Average down payment
- —
- Lowest down payment accepted
- —
Loan programmes, 24 months:Private lenders 1
Low confidence — few loans · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 10.0 ft.
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 4.2 ft
- Lowest nearby street
- 3.4 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 2.4 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR1V025928 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure 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 $620,000, with a median asking price of $910,000 ($1,468/sqft).
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.
Who developed Island Club of South Beach?+
Island Club of South Beach was developed by Corisca Residences, INC.
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