Hibiscus Island Miami is one of the city’s most exclusive residential communities, known for its opulent waterfront homes and breathtaking views of Biscayne Bay. It is situated between Miami and Miami Beach, offering a unique blend of luxury, security, and privacy. This article delves into the island’s history, real estate trends, lifestyle, and why it remains a top choice for high-end buyers.
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The History of Hibiscus Island
Hibiscus Island was developed in the 1920s as part of Miami’s ambitious island expansion project. It was created by visionary developer Carl Fisher, who played a key role in shaping Miami Beach. Initially designed as a vacation retreat, the island quickly became an upscale residential enclave, attracting the rich and famous.
Over the decades, Hibiscus Island has maintained its elite status, becoming a haven for luxury seekers. Today, it is home to some of the most expensive properties in Miami, further solidifying its reputation as a prestigious waterfront community.
Location and Accessibility
Hibiscus Island is centrally located in Biscayne Bay, positioned between Downtown Miami and Miami Beach. This prime location offers residents the best of both worlds—the tranquility of a private island with easy access to city amenities.
The island is accessible via the MacArthur Causeway, which connects Miami Beach to Downtown Miami. Travelers can use private vehicles, ride-sharing services, or taxis to reach the island. For those arriving from outside Miami, Miami International Airport is approximately a 15-minute drive away. Additionally, residents with yachts can dock at private boat slips, providing direct waterway access to Biscayne Bay and beyond.
Public transportation options are limited due to the island’s private nature. However, those without personal vehicles can use Metrobus services that stop near the MacArthur Causeway or take water taxis and private boat charters for a more scenic approach. The exclusive nature of Hibiscus Island ensures that accessibility is secure and convenient while maintaining privacy for its residents.
Who Lives on Hibiscus Island Miami
Hibiscus Island has attracted high-profile celebrities, sports icons, and billionaire investors over the years. Here’s a look at some of the notable figures who have owned or lived in luxurious properties on Hibiscus Island.
Al Capone – The Notorious Crime Boss
One of the earliest and most infamous residents of Hibiscus Island was the legendary mobster Al Capone. In 1928, he purchased a grand waterfront estate for approximately $40,000. The mansion, featuring a private dock and lush tropical landscaping, became his retreat from Chicago’s crime world. After serving time in Alcatraz, Capone returned to his Hibiscus Island home, where he lived out his final years before passing away in 1947. The estate has since changed hands multiple times, undergoing extensive renovations while retaining its historical significance.
Malik Sefrioui – Billionaire Heir
In 2024, Moroccan billionaire heir Malik Sefrioui made headlines with his $15.375 million purchase of a stunning modern mansion at 394 S. Hibiscus Drive. The two-story waterfront property, previously owned by renowned jewelry designer Paul Morelli, boasts sleek contemporary architecture, expansive bay views, and luxurious amenities. Sefrioui’s acquisition reaffirmed Hibiscus Island’s status as a magnet for international wealth.
Carmen Electra – A Star’s Miami Retreat
Carmen Electra, best known for her roles in Baywatch and Scary Movie, has been associated with a stylish and modern residence on Hibiscus Island. Known for her glamorous lifestyle, Electra’s Miami home reflected her love for contemporary design and luxury living. The property featured sleek architectural lines, high-end finishes, and floor-to-ceiling windows that captured breathtaking views of Biscayne Bay. The waterfront estate also provided private dock access, allowing her to enjoy Miami’s boating culture.
Electra, who has spent much of her career in entertainment and modeling, likely appreciated Hibiscus Island’s blend of exclusivity and proximity to Miami Beach’s nightlife. Although she no longer resides on the island, her past ownership adds to the list of Hollywood stars drawn to this tropical paradise.
Ricky Martin – A Latin Pop Icon’s Former Residence
Global music superstar Ricky Martin also once owned a stunning home on Hibiscus Island, making it one of his several luxury properties worldwide. The Puerto Rican singer, famous for hits like Livin’ la Vida Loca and She Bangs, was drawn to the island’s privacy and picturesque scenery.
Martin’s former residence was an elegant waterfront estate with a sleek, modern aesthetic. Featuring spacious open living areas, floor-to-ceiling windows, and breathtaking water views, the property embodied the best of Miami’s luxury lifestyle. With lush landscaping and a serene atmosphere, it offered an ideal retreat from his busy touring schedule.
Although he has since sold his Hibiscus Island home, Ricky Martin remains connected to Miami, often visiting for events and performances. His time on the island further solidifies its reputation as a haven for world-renowned entertainers.
Jimmy Butler – NBA Superstar
Miami Heat star Jimmy Butler has also joined the elite ranks of Hibiscus Island residents. In December 2024, he secured a high-end waterfront rental for over $70,000 per month. The expansive 8,500-square-foot mansion offers five bedrooms, panoramic bay views, and over 125 feet of private water frontage, making it a prime choice for the basketball legend seeking luxury and privacy in Miami.
Sinan Tuna – Business Tycoon and Socialite
Turkish entrepreneur and investor Sinan Tuna made waves on Hibiscus Island in 2024 when he hosted a lavish $1.7 million Art Basel party at his $30 million mansion. His high-profile event, attended by celebrities like Diplo and Odell Beckham Jr., showcased the island’s opulent social scene. Tuna’s presence on Hibiscus Island highlights its appeal to global business elites and entertainment moguls.
Daniel Liburdi – Real Estate Investor Turned Fraud Suspect
In early 2025, Miami socialite and investor Daniel Liburdi came under legal scrutiny for allegedly orchestrating a $128 million bank fraud scheme. Liburdi had acquired multiple luxury homes on Hibiscus Island, reinforcing its reputation as a haven for high-stakes real estate deals. His indictment has since sparked intrigue around the island’s ultra-wealthy circles.
Real Estate Market Overview
Hibiscus Island features a collection of luxurious waterfront estates, each offering stunning views and modern amenities. Homes on the island showcase diverse architectural styles, from Mediterranean-inspired villas to contemporary masterpieces.
Property prices on the island range from $5 million to over $30 million, depending on size, location, and waterfront access. The high demand for waterfront living continues to drive property values upward, making Hibiscus Island a prime investment destination.
Lifestyle and Amenities
Living on Hibiscus Island means experiencing the pinnacle of luxury. Homes on the island are equipped with top-tier amenities, including infinity pools, private boat docks, and cutting-edge smart home technology. Many properties also feature expansive outdoor entertainment areas, ideal for hosting gatherings with breathtaking views of Biscayne Bay.
The island itself offers lush green spaces and well-maintained parks, making it a family-friendly environment. While it is primarily a residential enclave, residents have easy access to recreational activities such as boating, paddleboarding, and fishing. Additionally, Hibiscus Island is a short drive from Miami Beach, where world-class spas, wellness centers, and golf courses await.
Dining, Shopping, and Entertainment Nearby
Hibiscus Island’s central location places residents within minutes of Miami’s top dining, shopping, and entertainment districts. South Beach, home to renowned restaurants like Prime 112, Carbone, and Joe’s Stone Crab, is just a short drive away.
For shopping enthusiasts, high-end retail destinations such as Bal Harbour Shops and Brickell City Centre offer designer boutiques and luxury brands. Culture seekers can explore the Wynwood Arts District and the Miami Design District, known for their vibrant art galleries, trendy cafes, and upscale dining spots. The island’s proximity to Miami Beach ensures an exciting nightlife scene, with exclusive clubs and lounges available for those who enjoy vibrant entertainment.
Investment Potential and Market Trends
Hibiscus Island remains a top investment destination for those seeking high-value properties. Over the years, real estate on the island has seen steady appreciation, thanks to its exclusivity and desirable waterfront location. Both domestic and international buyers continue to invest in Hibiscus Island, contributing to its strong market performance.
Luxury short-term rentals have also become a profitable opportunity for investors. Many high-net-worth individuals seek short-term vacation rentals in Miami’s most prestigious neighborhoods, making Hibiscus Island an attractive option for rental income. When compared to neighboring islands such as Star Island and Palm Island, Hibiscus Island offers a balance between exclusivity and accessibility, making it a prime real estate hotspot.
Pros and Cons of Living on Hibiscus Island
Pros:
- Exclusive, gated community with 24/7 security, ensuring privacy and peace of mind.
- Luxurious waterfront estates featuring private docks, panoramic views, and world-class amenities.
- Prime location with quick access to Miami Beach, Downtown Miami, and cultural hotspots.
- Strong real estate appreciation and investment potential in Miami’s luxury market.
Cons:
- High property prices and maintenance costs, making it an expensive investment.
- Limited commercial and retail establishments on the island, requiring trips to nearby areas for shopping and dining.
- Vulnerability to hurricanes and extreme weather conditions, necessitating proper insurance coverage and preparedness.
Conclusion
Hibiscus Island is a dream destination for luxury homebuyers and investors looking for premier waterfront living. With its prestigious real estate, private community setting, and unparalleled location, it remains one of Miami’s most desirable enclaves. The island’s exclusivity, combined with the steady appreciation of property values, makes it an ideal choice for those seeking both luxury and investment potential.
Whether you are looking for a primary residence, a vacation home, or an investment property, Hibiscus Island offers a rare opportunity to own a piece of Miami’s luxurious waterfront lifestyle. If you are considering a move to this prestigious island, now is the time to explore your options and make your dream home a reality.
