625 77th St
Miami Beach, FL 33141
8
Bed
8
Bath
4,162Sqft
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 are
Property Details
Map
Map
Features
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Interior Features
Roof: ConcreteWindow Features: Blinds, ImpactGlass -
Heating & Cooling
Has Heating: Yes Heating: HeatStrip Has Cooling: Yes Cooling: Electric
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Building Information
Year Built: 1950Building Area Total: 4162Construction Materials: BlockStories: 2Patio And Porch Features: Open, PorchPool Features: NonePrivate Pool: NoWater front Features: OceanAccess -
Exterior Features
Exterior Features: Balcony, Fence, SecurityHighImpactDoors, Lighting, Porch
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Lot Information
Lot Description: SprinklerSystem,LessThanQuarterAcreProperty Information
Subdivision: ALTOS DEL MAR NO 3 Source Property Type: ResidentialIncome Postal Code Plus 4: 2225 Zoning Description: 3900 Property SubType: Quadruplex Levels: Two Property Age: 76
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Listing Price Information
Listing Price: $1550000Cash, Conventional
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Tax Information
Parcel Number: 02-32-02-007-2150 Tax Year: 2025 Annual Tax: $18872 Tax Legal Desc: 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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Utility Information
CableAvailable -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7300 Ocean Ter, Miami Beach, FL, 33141 | $49,900,000 | -- | -- | -- | |
| 425 N Shore Dr, Miami Beach, FL, 33141 | $7,750,000 | 4 | 4 | 4,502 | 4,502 SqFt |
| 1020 S Shore Dr, Miami Beach, FL, 33141 | $5,950,000 | 4 | 2 | 2,927 | 2,927 SqFt |
| 857 N Shore Dr, Miami Beach, FL, 33141 | $22,000,000 | 6 | 8 | 6,109 | 6,109 SqFt |
| 6700 Indian Creek Dr #1.., Miami Beach, FL, 33141 | $519,000 | 1 | 1 | 619 | 619 SqFt |
| 7441 Wayne Ave #2H, Miami Beach, FL, 33141 | $315,900 | 3 | 2 | 1,181 | 1,181 SqFt |
| 6300 Allison Rd, Miami Beach, FL, 33141 | $8,450,000 | 5 | 5 | 4,035 | 4,035 SqFt |
| 7441 Wayne Ave #2B, Miami Beach, FL, 33141 | $305,000 | 2 | 2 | 1,020 | 1,020 SqFt |
| 6700 Indian Creek Dr #701, Miami Beach, FL, 33141 | $425,000 | 1 | 1 | 530 | 530 SqFt |
| 6484 Indian Creek #311, Miami Beach, FL, 33141 | $149,995 | -- | 1 | -- |
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ByOwner last updated this listing 06/05/2026 @ 04:30
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