Designed by notable Miami-based firm Borges + Associates Architects led by principal Reinaldo Borges, the newly completed waterfront home at 151 North Hibiscus Drive sold today for $13,600,000, a record high sale price for modern new construction on a 10,500 square foot lot in the upscale Hibiscus Island neighborhood.
Miami Beach luxury waterfront home and condo real estate expert Julian Johnston brokered the sale of the two-story six bedroom seven bathroom tropical modern home to a Brazilian businessman who is moving to Miami Beach but wishes to keep his identity confidential.
The seller is the highly regarded developer The Aquablue Group led by Philippe Harari, who has been successfully developing waterfront homes throughout Miami Beach for many years. The effortless synergy established between The Aquablue Group and Reinaldo Borges resulted in the creation of its most recent waterfront masterpiece.
With 6,913 square feet of living space, the home boasts a double height entry that leads to a beautiful open plan living area complemented by tall ceilings. The living room has large telescopic sliding doors creating indoor-outdoor living that lead to an infinity edge pool and an entertainment deck. Luxurious interior finishes include Italian doors, marble flooring downstairs, custom oak flooring upstairs, floating glass stairway to second floor, custom gourmet kitchen, and fixtures by Dornbracht. The home also has an elevator, Creston smart home technology, and a large rooftop deck with summer kitchen that allows 360 degree views of Miami Beach, Downtown Miami, Biscayne Bay & more.
Hibiscus Island is located next to the north of Palm Island. Residents can get on and off the island through Fountain Street and the MacArthur Causeway provides easy access to the barrier island of Miami Beach to the east or Miami to the west. The location provides easy access to many of the area’s great cultural centers including South Beach, the American Airlines Arena, Bayfront Park, and the Adrienne Arsht Center for the Performing Arts.