40 South Hibiscus Drive in Miami Beach
October 5, 2010 by Lucas Lechuga
I've had my eye on 40 South Hibiscus Drive in Miami Beach for quite some time. It's a modern, ultra-chic, waterfront luxury home on Hibiscus Island. The 8 bedroom/8 bath/2 half bath mansion was designed by international award winning architect Chad Oppenheim, well known for his work on Ten Museum Park which is located in Park West. The 8,000 square foot home resides on a 24,000 square foot lot with 120 feet of prime waterfront and a boat dock. 40 S Hibiscus Dr, completed earlier this year, comes equipped with 82 feet of pool spanning two sides of the property, a covered outdoor kitchen and BBQ area, Miele kitchen appliances, floor to ceiling impact-resistant windows and doors, Kreon low voltage lighting, a 80kW generator and a fully integrated Crestron electronics system that gives you full control of the home from anywhere in the world.
Yesterday, the asking price of the home was reduced by over $1M from $13,995,000 to $12,900,000. My prediction is that 40 S Hibiscus Dr will be the next $10M+ home in Miami Beach to go under contract and will do so by year's end. Luxury real estate in Miami Beach is doing quite well and there's no reason for this prime piece of real estate not to be scooped up soon.

2,400 sq ft lot? typo right?
Yes, that was a typo. Thanks for the heads up. Just corrected it.
It sold for approx. USD 9 265 734,27, to this couple, according to Norwegian web-site http://www.vg.no/rampelys/artikkel.php?artid=10039871
Looks like the house from the movie “Scarface”.
And it’s sold! 🙂
Cosmetic Queen and big shot investor
MAMMA MIA that house is f***ings B.I.G….. OMG… :p NICE This is the day that u guys will remember that the day u guys…. got a B:I:G house
B-BABY
I-IT’S
G-GIANT
XD
The girl used to date donald trump way back too…