625 77th Street
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
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: ConcreteLaundry Features: Outside -
Heating & Cooling
Has Heating: Yes Heating: HeatStrip, SeparateMeters Has Cooling: Yes Cooling: Electric Water front: 1
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Building Information
Year Built: 1950Building Area Total: 4162Construction Materials: BlockPatio And Porch Features: Porch, BalconyPrivate Pool: NoWater front Features: OceanAccess -
Exterior Features
Exterior Features: Balcony, Lighting, OutdoorLivingArea
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Lot Information
Lot Description: SprinklerSystemProperty Information
Subdivision: ALTOS DEL MAR NO 3 Source Property Type: ResidentialIncome Postal Code Plus 4: 2225 Property SubType: Quadruplex Property Age: 76
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Listing Price Information
Listing Price: $1550000Cash, Conventional
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Tax Information
Parcel Number: 0232020072150 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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School Information
Elementary School: Biscayne Beach Junior High School: Miami Beach Nautilus Senior High School: Miami Beach -
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 |
|---|---|---|---|---|---|
| 2183 Bay Drive, Miami Beach, FL, 33141 | $1,900,000 | 4 | 5 | 2,150 | 7,791 Sqft |
| 775 81st Street, Miami Beach, FL, 33141 | $1,260,000 | 3 | 2 | 1,545 | 5,650 Sqft |
| 6311 La Gorce Dr, Miami Beach, FL, 33141 | $1,999,000 | 3 | 3 | 2,247 | 5,720 Sqft |
| 7820 Hawthorne Avenue, Miami Beach, FL, 33141 | $2,650,000 | 3 | 4 | 1,801 | 9,000 Sqft |
| 1792 Cleveland Rd, Miami Beach, FL, 33141 | $4,799,000 | 4 | 6 | 2,770 | 9,000 Sqft |
| 7845 Atlantic Way, Miami Beach, FL, 33141 | $40,000,000 | 6 | 9 | 6,350 | 16,770 Sqft |
| 2131 Biarritz Drive, Miami Beach, FL, 33141 | $995,000 | 3 | 2 | 1,360 | 6,723 Sqft |
| 6490 Collins Avenue #5, Miami Beach, FL, 33141 | $149,000 | -- | 1 | 375 | -- |
| 6490 Collins Avenue #14, Miami Beach, FL, 33141 | $145,000 | -- | 1 | 375 | -- |
| 6498 Collins Avenue #41, Miami Beach, FL, 33141 | $168,000 | -- | 1 | 370 | -- |
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ByOwner last updated this listing 09/12/2026 @ 12:50
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