56 S Hibiscus Dr
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Nearby Schools
Educational options and performance ratings in the area.
South Pointe Elementary School
Nautilus Middle School
Miami Beach Senior High School
Miami, FL Investment Analysis (2026)
Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Analyzing property data...
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-14 | Price change | $46,500 | $15 |
| 2026-01-16 | Listed for rent | $49,500 | $16 |
| 2025-12-31 | Listing removed | $14,900,000 | $4,819 |
| 2025-09-16 | Listing removed | $45,000 | $15 |
| 2025-05-30 | Listed for rent | $45,000 | $15 |
| 2024-02-28 | Listing removed | $0 | – |
| 2023-10-26 | Listing removed | $0 | – |
| 2023-06-24 | Price change | $45,000 | $15 |
| 2023-06-22 | Listed for sale | $14,900,000 | $4,819 |
| 2023-02-11 | Listing removed | $0 | – |
| 2022-11-21 | Price change | $40,000 | $13 |
| 2022-11-03 | Listed for sale | $14,000,000 | $4,528 |
| 2022-09-23 | Price change | $42,500 | $14 |
| 2022-09-19 | Price change | $49,500 | $16 |
| 2022-09-07 | Listing removed | $0 | – |
| 2022-09-06 | Price change | $42,500 | $14 |
| 2022-03-03 | Price change | $49,500 | $16 |
| 2022-02-16 | Listed for rent | $55,000 | $18 |
| 2022-02-11 | Price change | $14,000,000 | $4,528 |
| 2021-04-09 | Listed for sale | $11,500,000 | $3,719 |
| 2019-10-03 | Listing removed | $19,900 | $6 |
| 2019-09-30 | Listing removed | $6,750,000 | $2,183 |
| 2005-01-21 | Sold | $3,315,000 | $1,072 |
| 2000-04-18 | Sold | $1,750,000 | $566 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $134,125.44 | $6,587,439 |
| 2024 | $126,969.89 | $5,988,581 |
| 2023 | $116,064.41 | $5,403,064 |
| 2022 | $98,272.74 | $4,911,877 |
| 2021 | $88,608.51 | $4,465,343 |
| 2020 | $82,831.02 | $4,155,035 |
| 2019 | $83,000.47 | $4,159,727 |
| 2018 | $76,660.13 | $3,954,420 |
| 2017 | $76,660.13 | $3,688,206 |
| 2016 | $81,074.56 | $3,352,915 |
| 2015 | $68,066.85 | $3,048,105 |
| 2014 | $58,237.83 | $2,771,005 |
| 2013 | $48,960.89 | $2,519,096 |
| 2012 | $48,960.9 | $2,290,088 |
| 2011 | $44,569.8 | $2,081,899 |
| 2010 | $49,015.5 | $2,159,150 |
| 2009 | $57,828.4 | $2,743,839 |
| 2007 | $56,763.7 | $2,751,378 |
| 2006 | $42,038.7 | $0 |
| 2005 | $42,038.7 | $0 |
| 2004 | $38,303.3 | $0 |
| 2003 | $35,974.2 | $0 |
| 2002 | $13,785.4 | $0 |
| 2001 | $13,785.4 | $0 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $936,284/yr
On $3,427,000 invested
Tight qualification
Equity + cumulative cash
Monthly Cash Flow Breakdown
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