Jody Glidden Sells Miami Beach Waterfront Home At 240 South Hibiscus Drive For $11.9M

250 South Hibiscus Drive is a single-family property located in the Miami Beach market. The home has a total square footage of 3,629 and was sold for $11,900,000, resulting in a price per square foot of $3,279.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $11,900,000
• Address: 250 South Hibiscus Drive
• Market: Miami Beach
• Seller: Jody Glidden
• Seller's Representative: Eli Faitelson - Compass
• Buyer's Representative: Jeffrey Fields - ONE Sotheby's International Realty
• Square Footage: 3,629
• Price per Square Foot: $3,279

Jody Glidden, a tech CEO, sold his waterfront home at 240 South Hibiscus Drive to his next-door neighbor through a trust. The buyer spent a total of $25 million on both properties and acquired nearly half an acre of land. Jody Glidden purchased the home for $4.2 million in 2019, thus more than doubling his investment.