LUXURY IN THE HEART OF SOBE

Palm and Hibiscus Islands are sister private, manmade islands nestled between Miami's bustling downtown and the famous South Beach, making it one of the most exclusive residential enclaves in South Florida. Originally developed in the early 1920's during the Florida land boom, both islands have a storied past with one of its most notorious residents, Al Capone, spending the Prohibition and final years of his life overlooking the vibrant blue waters of Biscayne Bay and coveted city views of Miami.

Today, each island hosts roughly 140 to 160 residences, mainly single family homes showcasing an array of incredible architectural styles from tropical Balinese and Greek Mediterranean to ultra-contemporary new construction and everything in between. With the majority of homes sitting directly on the water, residents enjoy rare views of Biscayne Bay and the Miami & Miami Beach skylines. The islands continue to attract celebrities, wealthy business professionals and those seeking both privacy and unbeatable accessibility to urban destinations such as the luxury shops and restaurants in South of Fifth, Brickell and the Design District.

Palm & Hibiscus Islands - Miami Beach Real Estate Market Trends & Prices

For sale

Number of properties For sale: 20
Price range: $5,499,000 - $60,000,000
Average $/SQ.FT (Asking Price): $4,026/SqFt
Average $/SQ.FT (Closed): $2,229/SqFt
Median Price: $22,425,000
Average Days on the Market: 218 Days
Transactions over the last 6 months: 5
Transactions over the last 12 months: 8

For rent

Number of properties For rent: 15
Price range: $2,450 - $215,000
Average $/SQ.FT (Asking Price): $12/SqFt
Average $/SQ.FT (Closed): $9/SqFt
Median Price: $49,500
Average Days on the Market: 106 Days
Transactions over the last 6 months: 9
Transactions over the last 12 months: 16

why invest in a palm or hibiscus island home?

Located just off the western edge of Miami Beach’s barrier island, Palm Island and Hibiscus Island are two of the most coveted, ultra-private residential enclaves in South Florida. With sweeping views of Biscayne Bay, private docks, and a harmonious mix of classic and modern estates, these islands offer an exclusive island-lifestyle just minutes from the heart of the city.

Prestigious Gated Island Living

Gated Access: Manned gates sit at the entrance to both islands

Limited Availability: With only a limited number of lots and strict development control, these sister islands are two of the most exclusive in South Florida

The pinnacle of waterfront luxury

A Yachter's Paradise: Many homes sit directly on the water with large, deep water docks and no fixed bridges

One-of-a-Kind Views: Living on an island between two cities, Miami & Miami Beach, makes for some of the most incredible views of towering skyline and sparkling blue waters

Architectural Diversity with High Design Standards

A Multitude of Architectural Styles: Everything from historic Mediterranean estates, ultra-contemporary mansions, charming interior bungalows and unique styles inspired from regions around the world

Attention to Detail: Many homes feature impressively curated amenities from watchtowers to resort-style pools and spacious guest houses

Unmatched Location & Connectivity

Rich & Colorful History: Since its inception in the early 20's, famous and infamous faces have taken up residence, the most famous being Al Capone from the late 20's until his passing in 1947

Floating in Miami's Center: Nestled directly between the city of Miami and Miami Beach, the area's best neighborhoods (Downtown, Brickell, Design District, South of Fifth) are literally just moments away in each direction

Explore Available Listings

Start your journey to find your dream home on Palm & Hibiscus Islands. Our curated listings showcase the finest properties this esteemed community has to offer. Whether you're seeking a contemporary new construction or tropical historic estate, we have options to suit your discerning taste.

connect with Globalty Investment

Navigating the luxury real estate market requires expertise and insight. At Globalty Investment, we specialize in connecting clients with premier properties on Palm & Hibiscus Islands and beyond.

Palm & Hibiscus Islands - Miami Beach Luxury Real Estate for Sale