FOR_SALEExcellent Deal81 days on market

360 S Hibiscus Dr

360 S Hibiscus Dr, Miami Beach, FL 33139, Miami Beach, FL 33139
$49,500,000

Listing Price

Property image 1
360 S Hibiscus Dr, Miami Beach, FL 33139
Loc: Miami Beach, FL
Days Listed
81
Tax Assessed
$10557k
Lot Size
0.37 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

South Pointe Elementary School

PK-5
1.7 mi away
5

Nautilus Middle School

6-8
2.8 mi away
5

Miami Beach Senior High School

9-12
2.2 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
8.38%
Total ROI
31.6%
Cash Flow
$95,444/mo
DSCR
1.38
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2025-11-26Listed for sale$49,500,000$5,964
2022-02-15Sold$16,000,000$1,928
1994-09-06Sold$950,000$114

Tax History

YearProperty TaxTax Assessment
2025$201,036.4$10,557,006
2024$201,305.48$10,557,076
2023$211,951.11$11,061,551
2022$137,232.52$6,752,375
2021$122,494.81$6,138,523
2020$110,427$5,825,824
2019$109,335.67$5,296,204
2018$99,548.03$4,814,731
2017$99,548.03$4,377,029
2016$105,473.89$3,979,118
2015$88,493.34$3,617,380
2014$74,292.23$3,288,528
2013$60,315.16$2,989,571
2012$60,315.2$2,717,792
2011$56,332.2$2,470,720
2010$63,286.3$2,805,869
2009$77,561.8$3,703,125
2007$76,056.7$3,707,681
2006$51,128.2$0
2005$51,128.2$0
2004$48,996.6$0
2003$39,702.1$0
2002$25,815.6$0
2001$25,815.6$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
7
Baths
8
Sq Ft
8,300
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $49,500,000Rent Basis: Modeled Estimate ($396,000/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $24,750/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.58%

NOI: $3,258,581/yr

Cash-on-Cash Yield
1.5%

On $11,385,000 invested

DSCR Ratio
1.06x

Tight qualification

5-Yr Leveraged ROI
+101.9%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$8,622/mo
Homeowner / Hazard Insurance-$24,750/mo
Vacancy Reserve (5% of rent)-$19,800/mo
Repairs & Maintenance (10% of rent)-$39,600/mo
Property Management (8% of rent)-$31,680/mo
Total Pure Operating Expenses-$124,452/mo
Net Investor Cash Flow
Gross Scheduled Rent+$396,000/mo
Less: Operating Expenses-$124,452/mo
Net Operating Income (NOI)+$271,548/mo
Less: Debt Service (30yr @ 6.75%)-$256,845/mo
Net Cash Flow
$14,704/mo
$176,443/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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