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625 77th St Miami Beach, FL $ 1,550,000
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$ 1,550,000 Get more info
625 77th St
$ 1,550,000
Back to search
Share Save

625 77th St

Miami Beach, FL, 33141
$ 1,550,000
Baths0.0 Sq 4,162

Monthly Estimate*

$ 9,787

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View a Virtual Tour
Studio

Multi-Family Home for sale in Miami Beach, FL

for $1,550,000. This 4,162 square foot home was built in 1950.

TOTALLY UPDATED INCOME GENERATING BUILDING! Walk to the BEACH! This two-story, 4,162 SF multifamily building sits on a 5,500 SF lot and offers immediate income! The property features 4 spacious units, each a 2-bedroom / 2-bathroom residence, all currently leased on 12-month agreements. Current annual income:$112,800 Projected annual income: $124,000 NOI: $71,447 Cap Rate: 4.61% Fully updated in 2019, including completion of the 40-year certification. New roof installed with permits in January 2026, offering long-term peace of mind. Unit features: Hurricane-impact windows and doors, recent interior paint, porcelain flooring, in-unit washer/dryer combos, stainless-steel appliances, open-concept kitchens, and a well-maintained garden with secured fencing. Situated in a high-demand rental area near the upcoming Town Center Redevelopment, surrounded by new luxury high-rises—a strong catalyst for future appreciation and tenant demand.Walk to the beach, restaurants, public transit, schools. and close to the Normandy Shores Golf Course. PLEASE DO NOT BOTHER THE TENANTS

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Multi-Family Pending

Price

$ 1,550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 18,872

Style

Year Built

1950

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11950199
Features
General
Sewer Public Sewer
Heating Heat Strip
Cooling Electric
Utilities Cable Available
Possession Other Subject To Tenant Rights
Roof Concrete
Patio/Porch Features Open Porch
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1950
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Waterfront Features Ocean Access
Community Features Laundry Facilities
County Miami-Dade
Property Type Residential Income
Contingency Pending Inspections
Subdivision Name ALTOS DEL MAR NO 3
Rent Includes Pest Control Sewer Trash Collection Water
Status Pending
City Miami Beach
Zoning Description 3900
MLS Area 32
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 18872
Property Condition Updated/Remodeled
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11950199
Standard Status Pending
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description ALTOS DEL MAR NO 3 PB 8-41 LOT 6 LESS W2.5FT BLK 26 LOT SIZE 50.000 X 110 OR 19857-3725 06 2001 1
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Impact Glass
Total Baths 0
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Exterior
Exterior Amenities Balcony Fence Security/High Impact Doors Lighting Porch
Lot Features Sprinkler System < 1/4 Acre
Water Source Public
Total Parking 0
Building Area Total 4162
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
London Foster Realty

Broker

soldbysergioevora@gmail.com

Email

Affordability Calculator

$11,360
Per Month
86%
14%
0%
Monthly Principal & Interest
$9,787
Monthly Property Taxes
$1,573
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/21/2026 $1,550,000 Listed Price

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625 77th St, Miami Beach, FL, 33141 is a Multi-Family Home for sale at $1,550,000 with 4,162 sqft. 625 77th St is a studio with 0.0 baths and was built in 1950. The property's zip code is 33141 which is in Miami Beach, FL

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