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 |
|---|---|---|---|---|---|
| 6770 Indian Creek Dr #8R, Miami Beach, FL, 33141 | $379,000 | 1 | 2 | 910 | 910 SqFt |
| 1405 Stillwater Dr, Miami Beach, FL, 33141 | $4,790,000 | 4 | 3 | 3,019 | 3,019 SqFt |
| 8005 Noremac Ave, Miami Beach, FL, 33141 | $4,750,000 | 4 | 4 | 3,137 | 3,137 SqFt |
| 7300 Ocean Ter, Miami Beach, FL, 33141 | $49,900,000 | -- | -- | -- | |
| 1155 S Biscayne Point Rd, Miami Beach, FL, 33141 | $3,325,000 | 4 | 4 | 2,842 | 2,842 SqFt |
| 6515 Collins Ave #1804, Miami Beach, FL, 33141 | $795,000 | 1 | 2 | 667 | 667 SqFt |
| 6420 Pinetree Drive Cir, Miami Beach, FL, 33141 | $5,450,000 | 5 | 6 | 3,086 | 3,086 SqFt |
| 6700 Indian Creek Dr #1.., Miami Beach, FL, 33141 | $519,000 | 1 | 1 | 619 | 619 SqFt |
| 6801 Collins Ave #614 L.., Miami Beach, FL, 33141 | $550,000 | 1 | 1 | 720 | 720 SqFt |
| 7820 Hawthorne Avenue, Miami Beach, FL, 33141 | $2,650,000 | 3 | 4 | 1,801 | 1,801 SqFt |
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ByOwner last updated this listing 06/20/2026 @ 09:57
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