# Island Club of South Beach

As of 2026-10-08, Island Club of South Beach in South Beach has 2 units for sale at a median asking price of $910K ($1,468/sqft); 1 units sold in the last 12 months.

Island Club of South Beach is a 2-story, 20-unit waterfront condominium at 405 N Hibiscus Dr, built in 1960, in FEMA flood zone AE.

## Key facts

| | |
|---|---|
| Address | 405 N Hibiscus Dr |
| Neighborhood | South Beach |
| Year built | 1960 |
| Floors | 2 |
| Units | 20 |
| Waterfront | yes |
| Developer | Corisca Residences, INC |
| For sale | 2 |
| Pending | 0 |
| Median asking price | $910,000 |
| Median asking $/sqft | $1,468/sqft |
| Sold, last 12 months | 1 |
| Median sold $/sqft, 12 months | $887/sqft |
| Months of inventory | 24.0 |
| Median HOA | $727/mo |
| Parking | The property includes one deeded/assigned parking space and additional guest parking. |

## Own Miami measures

- **own.miami Building Score: 51 (B−)**
  - Value: 3 — $1,468/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 50 — Recent price trend
  - Liquidity: 39 — 24.0 months of supply · 42 days on market
  - Health: 100 — Public records checked — no liens, lawsuits or complaints on file
  - Waterfront: 90 — Waterfront building
  - Age: 8 — Built 1960 — vs. South Beach buildings
- **Own Miami Condo Index: 138** (above_market; 100 = the market-median building, 200 = twice its $/sqft; rank 174 of 695 tracked Miami condos)
- **Financeability Index: 20** (cash; 12-month window, 1 recorded mortgages, — of sales bank-financed, lowest down payment —, as of 2026-11-01)
- Special-assessment outlook: elevated (next structural milestone inspection due 2035)

## Building health (verified public records)

- Public records checked 2026-10-30: no liens, lawsuits or regulatory complaints found
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**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.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Island Club of South Beach](https://own.miami/buildings/island-club-of-south-beach/for-sale)
- [Belle Towers](https://own.miami/buildings/belle-towers)
- [Ocean Park Inn](https://own.miami/buildings/ocean-park-inn)
- [Bay Garden Manor](https://own.miami/buildings/bay-garden-manor)
- [Belle Plaza](https://own.miami/buildings/belle-plaza)

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Source: Own.Miami — https://own.miami · data as of 2026-10-08
Canonical page: https://own.miami/buildings/island-club-of-south-beach
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai