The least expensive waterfront property on exclusive gated Hibiscus Island in South Beach, minutes from World famous Ocean Drive, Downtown Miami and Brickell; make it your home or tear it down and build another luxurious Palace on the Island. One of the last waterfront homes or sites available at close to land value. The Island also includes tennis courts for outdoor sports. The private dock for your boat and jet skis overlooks the peaceful wide canal. No fixed bridge to the bay gives an immediate access to the Ocean and the Intracoastal waterways. Great floor plan: a separate wing at entrance leads to 2 bed/2 baths and a den/office. 2 master suites open to the pool deck and overlook the Palaces of Palm Island across the sparkling blue waters. Enjoy South exposure;sun all day on the pool.