October 1, 2026
a-kobi-karp-designed-waterfront-estate-on-miami-beachs-hibiscus-island-hits-the-market-for-42-million

The line between indoor and outdoor living is virtually nonexistent at a striking new waterfront estate in Miami Beach, where expansive walls of glass glide open to seamlessly connect the primary living spaces to an expansive sun terrace, an infinity-edge pool stretching toward the tranquil waters of Biscayne Bay, and a private boating dock. Upstairs, the property’s private quarters offer the very same unobstructed, panoramic views of the water, establishing a continuous visual dialogue with the surrounding South Florida marine environment.

Located within the prestigious, guard-gated enclave of Hibiscus Island, the architectural masterpiece was envisioned by renowned Miami-based architect Kobi Karp. Over a prolific career spanning decades, Karp has cemented his reputation as a defining force in high-end residential and commercial architecture across South Florida. His celebrated portfolio features monumental regional landmarks such as the striking Palazzo Del Sol tower on Fisher Island and the ultra-exclusive Indian Creek Residences and Yacht Club, alongside an extensive collection of bespoke multimillion-dollar estates and high-profile developments throughout the Miami metropolitan area.

A Modern Miami Beach Mansion With 90 Feet of Waterfront Lists for $42 Million

The nearly 7,900-square-foot residence occupies a prime 0.4-acre waterfront parcel along North Hibiscus Drive, boasting an intricate and fascinating developmental backstory. According to real estate records reported by The Real Deal, the land changed hands twice in rapid succession in 2022. Initially, a consortium of Miami investors—including Laurent Groll alongside partners Nelson Gonzalez and Alfredo Xiques—acquired the vacant lot for $10.7 million. Their original vision was to erect a high-end spec residence utilizing architectural blueprints designed by Karp, which had been originally commissioned by Paulo Bacchi, the visionary founder of the luxury contemporary furniture brand Artefacto.

Scarcely a month after the initial acquisition, property records confirm that the investors flipped the prime waterfront site for $14 million to a limited liability company registered to Austrian businesswoman Nicola Januschke-Bleicher. Choosing to move forward with Karp’s ambitious architectural blueprint, the owner collaborated closely with the prominent European design firm AED Planung. Together, they curated the residence’s refined interiors and overall aesthetic, prioritizing a clean, modern, and understated design language that ensures the breathtaking natural setting remains the undisputed focal point of the property.

A Modern Miami Beach Mansion With 90 Feet of Waterfront Lists for $42 Million

Upon entering the residence, the main floor unfolds as a magnificent, unified open-plan space. The gourmet kitchen, formal dining area, and spacious living room are thoughtfully arranged around a sophisticated, contemporary material palette defined by pale stone flooring, crisp white gallery walls, and rich dark wood cabinetry. This minimalist yet warm interior scheme dissolves boundaries, inviting natural light to flood the interior spaces throughout the day while highlighting the dramatic vistas just beyond the glass.

Stepping outside, the meticulously landscaped grounds offer a resort-style sanctuary. An infinity pool and integrated spa sit directly at the water’s edge, creating a stunning visual continuity with Biscayne Bay. Nearby, a sunken outdoor lounge, a covered alfresco dining area, and a fully equipped summer kitchen provide ideal venues for entertaining on a grand scale. For those seeking a higher perspective, a sprawling rooftop terrace delivers sweeping panoramic views toward the glittering skyline of downtown Miami. Meanwhile, water enthusiasts will appreciate the property’s 90 feet of private bulkheaded waterfrontage, complete with a dock outfitted with lifts capable of accommodating multiple boats and personal watercraft.

A Modern Miami Beach Mansion With 90 Feet of Waterfront Lists for $42 Million

Accommodations within the main residence comprise six generously proportioned bedrooms and seven-and-a-half luxurious bathrooms. Beyond the primary living spaces, the estate is exceptionally well-appointed with an array of high-end lifestyle amenities, including a dedicated home theater, a professional-grade fitness center, a private elevator, custom temperature-controlled wine storage, advanced whole-home automation systems, and a backup power generator to ensure uninterrupted comfort. Complementing the main dwelling is a separate, fully outfitted guest house, perfectly integrated into the lush, tropical landscaping that wraps around the perimeter of the secure property.

Residents of Hibiscus Island enjoy a premier, private island lifestyle complemented by exclusive neighborhood amenities. The guard-gated community offers a peaceful sanctuary just minutes away from the vibrant cultural and commercial hubs of Miami Beach, while providing local residents with access to community tennis courts, basketball courts, and a dedicated children’s playground.

A Modern Miami Beach Mansion With 90 Feet of Waterfront Lists for $42 Million

The exceptional Hibiscus Island estate is currently listed for $42 million. The high-profile offering is being represented by Julian Johnston of ONE Sotheby’s International Realty alongside Marc Tetzner of Intereal Properties.

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