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Property Description
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
Full Property Details
Full Property Details for 625 77th St
General
- Price: $1,550,000
- Taxes: $18,872 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11950199
- Updated: 1/22/2026
Property History
- 625 77th St, Miami Beach, FL
- Listed $1,550,000 on 1/21/26
Rental Information
- Rent Includes: Pest Control, Sewer, Trash Collection, Water
Interior
- Interior Features: Stairs
- Flooring: Ceramic Floor
Exterior
- Exterior Features: Balcony, Exterior Lights
- Deck/Patio: Open Porch
Location
- Area: Altos Del Mar No 3
- County: Miami-Dade County
- Subdivision: ALTOS DEL MAR NO 3, Alexis
- Building Name: ALTOS DEL MAR NO 3
Community
- Community Name: Altos Del Mar No 3
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Heat Strip
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Concrete
- Windows: Clear Impact Glass, Blinds, High Impact Windows, Impact Glass
- Doors: High Impact Doors
- Stories/Levels: 2
- Building Size: 4162
- Square Feet: 4,162
- Living Area: 4,162 Sq. Ft.
- Year Built: 1950
- Property Condition: Completely Renovated
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3900
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water Front Desc.: Ocean Access
Financial Considerations
- Price Per Sq. Ft.: $372.42
- Tax Amount: $18,872
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Deposit - Last Months Rent, Deposit - Security, Copy Of Lease(S), Rent Rolls
- 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
- Property ID: 02-32-02-007-2150
Listed by London Foster Realty
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Schools
Schools serving 625 77th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Biscayne Elementary School, Miami Beach, FL 800 77th Street, Miami Beach, FL 33141 | PK-5 | 0.1 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 3.3 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 625 77th St
625 77th St, Miami Beach, FL 33141 (MLS# A11950199) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 625 77th St is currently listed for $1,550,000 and was received on January 21, 2026. Want to learn more about 625 77th St? Do you have questions about finding other Multi-Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

