Kevin & Michele Segalla's Hibiscus Island Home In Miami Beach Under Contract For $33.5M

The waterfront home on Miami Beach's Hibiscus Island, located at 320 South Hibiscus Drive, was recently under contract for $33,500,000. This single-family property spans 7,818 square feet, equating to a price per square foot of $4,285. The sellers of the property are Kevin Segalla and Michele Segalla.

Summary of transation details:

• Property Type: Single Family
• Transaction Amount: $33,500,000
• Address: 320 South Hibiscus Drive
• Market: Miami Beach

The deal was facilitated by brokers Daniel Hertzberg, Jill Eber, and Jill Hertzberg of The Jills Zeder Group at Coldwell Banker. The property, which was acquired by the Segallas for $29 million in 2022, has garnered significant attention, securing its place as the highest-priced property in Miami-Dade County last week. The Eklund-Gomes luxe signed contracts report reveals that this seven-bedroom home attracted considerable interest, with 20 contracts signed for properties priced at $4 million and above, amounting to a total of $199.2 million.