Hibiscus Island is a man-made island located in Biscayne Bay, in the city of Miami Beach. Hibiscus Island is slightly north of Palm Island and is considered one of the most exclusive neighborhoods in Miami and is accessible via the MacArthur Causeway. Hibiscus Island has a rich history, beginning with the financial crash in the early 1930's, Palm Island became the winter home of such notables as Al Capone and Richard Nixon. They built various waterfront estates on Palm and Hibiscus Island and many of these estates were restored to their full glory during the real estate boom of the last decade. Palm and Hibiscus Island are guarded 24 hours a day and have a central park with basketball, tennis, and a playground. It has some of the most highly regarded real estate in Miami and is highly sought after.