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$1,545,000
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Property Description
Prime Ocean-Access Waterfront Lot | Developer Special High-upside waterfront parcel in Miami's accelerating Upper Eastside / Little River corridor. Featuring 50+ feet of frontage on a navigable waterway, this site offers direct access to the Intracoastal and open bay with just one high-clearance bridge. Located in an active redevelopment pocket, it combines lifestyle appeal with massive resale and rental demand. Owner financing available. Zoning & Development Versatility: Zoned T3-L (Single-Family + ADU), the property unlocks multiple lucrative strategies: A luxury custom waterfront spec home or grand estate. A main residence plus a guest house for dual income or multi-generational living. A multi-unit configuration capitalizing on the grandfathered duplex footprint (currently used as three units). Added Value: Transferred rights to a previous ~3,000 sq. ft. home design can slash municipal building fees. The site features a unique cut-in boat slip with a coral rock boat house. Situated minutes from Miami IronSide, the MiMo District, and the Design District, this high-growth submarket faces a dwindling supply of available land.
Full Property Details
Full Property Details for 531 NE 77
General
- Price: $1,545,000
- Taxes: $3,646 (2023)
- Status: Active
- Type: Residential Lots
- Source: Greater_Miami
- MLS ID: A11965096
- Updated: 6/11/2026
- Added to Site: 130 day(s) ago
Location
- Area: Federal Way Amd
- County: Miami-Dade County
- Subdivision: FEDERAL WAY AMD
- Building Name: FEDERAL WAY AMD
- Direction Faces: North
Community
- Community Name: Federal Way Amd
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Other Usage
Additional Structures
- Other Structures: None
Lot Features
- Property View: River View
- Lot Size (Acres): 0.1572
- Lot Size (Sq. Ft.): 6,850
- Frontage Feet: 55
- Street/Road Desc.: Paved
- Lot Features: Other Location, Less Than 1/4 Acre Lot, Cleared, Other, Street Lights
- Development Status: Undeveloped
- Trees/Vegetation: Other Trees, Grass/Pasture
- Zoning: 104
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Access, One Fixed Bridge, River, Seawall
Financial Considerations
- Tax Amount: $3,646
- Tax Year: 2023
- Terms: All Cash, Owner Will Carry
Disclosures and Reports
- Legal Description: FEDERAL WAY AMD PB 25-6 LOT 9 BLK 5 LOT SIZE 50.000 X 137 OR 21226-4689 042003 3 COC 21621-3732 08 2003 1
- Inclusions: Private Dock
- Property ID: 01-32-07-040-0260
Listed by Keller Williams Eagle Realty
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Schools
Schools serving 531 NE 77
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Morningside K-8 Academy 6620 Northeast 5th Avenue, Miami, FL 33138 | PK-5 | 0.6 mi |
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 1.3 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 531 NE 77
Date
Details
Price
Change
Source
6/11/2026
Price Reduced
$1,545,000
-1.28%
MLS
5/27/2026
Price Reduced
$1,565,000
-1.88%
MLS
5/05/2026
Price Reduced
$1,595,000
-1.54%
MLS
2/12/2026
Listed
$1,620,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 531 NE 77
531 NE 77, Miami, FL 33138 (MLS# A11965096) is a Residential Lots property with a lot size of 0.1572 acres. 531 NE 77 is currently listed for $1,545,000 and was received on February 12, 2026. Want to learn more about 531 NE 77? Do you have questions about finding other Residential Lots real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

