625 77th Street
Miami Beach, FL, 33141
$1,550,000
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
Current real estate data for Multi Family in Miami Beach as of Nov 04, 2026
46
Multi Family Listed
208
Avg DOM
766
Avg $ / SqFt
$3,099,998
Avg List Price
Listing Provided Courtesy of London Foster Realty at 305-514-0100
Property Details
Price:
$1,550,000
MLS #:
A11950199
Status:
Pending
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
ALTOS DEL MAR NO 3
Neighborhood:
2320
Listed Date:
Jan 21, 2026
Finished Sq Ft:
4,162
Total Sq Ft:
4,162
Year Built:
1950
Units:
4
Schools
Elementary School:
Biscayne Beach
Middle School:
Miami Beach Nautilus
High School:
Miami Beach
Interior
Cooling
Electric
Flooring
Ceramic Tile
Heating
Separate Meters, Heat Strip
Laundry Features
Outside
Exterior
Construction Materials
Block, CBS
Exterior Features
Balcony, Lighting
Fencing
Fenced
Patio And Porch Features
Porch, Porch – Open
Roof
Concrete
Waterfront Features
Ocean Access
Financial
Tax Year
2025
Taxes
$18,872
Map
Contact Us
Mortgage Calculator
Community
- Address625 77th Street Miami Beach FL
- SubdivisionALTOS DEL MAR NO 3
- CityMiami Beach
- CountyMiami-Dade
- Zip Code33141
Property Summary
- Located in the ALTOS DEL MAR NO 3 subdivision, 625 77th Street Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33141. It is listed for $1,550,000 To schedule a showing of MLS#a11950199 at 625 77th Street in Miami Beach, FL, contact your Trust House Realty agent at 9543362003.
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