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625 77th StMiami Beach, FL 33141

For Sale

$1,550,000

Smart Buyer Rebate $15,500

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

Listed by Sergio Evora

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License #3108028

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London Foster Realty

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305-776-6011

Last updated January 21, 2026

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Source: MIAMIRE #A11950199

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Shore
  • Days on Prevu9
  • Taxes$18,872/year
  • Size4,162 sqft
  • Price per sqft$372

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

01/21/2026
Listed by London Foster Realty
$1,550,000

Property Details for 625 77th St

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Completely Renovated
  • Roof: Concrete
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Quadruplex, Fourplex
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Year Built: 1950
  • Year Built Details: Resale
  • Building Name: ALTOS DEL MAR NO 3
  • Construction Materials: Concrete Block Construction, CBS Construction
  • Exterior Features: Balcony, Exterior Lights

Features

  • Building Features: Laundry Facility
  • Fencing: Fenced
  • Patio And Porch Features: Open Porch
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Measurements

  • Building Area Total: 4,162
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-02-007-2150
  • Tax Annual Amount: $18,872.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Ceramic Floor
  • Interior Features: Stairs

Measurements

  • Living Area: 4,162
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: ALTOS DEL MAR NO 3,Alexis

Utilities

Equipment

  • Cooling: Electric
  • Has Cooling: Yes
  • Heating: Heat Strip
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 625 77th St.

What are the annual taxes for 625 77th St?

Annual taxes for this multi-family home are estimated at $18,872.

How does 625 77th St compare to other multi-family homes in North Shore?

This multi-family home is listed 11% below the average price for multi-family homes in North Shore and has been on the market for 99 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the ALTOS DEL MAR NO 3 building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,162 sqft.

625 77th St is a -bedroom multi-family home for sale in Miami Beach FL 33141. On Prevu for 9 days at $1,550,000. This property features 4,162 square feet of living space, located in North Shore. The median listing price for multi-family homes in this area is $370,000. Property amenities include private outdoor space, pets allowed, and parking. Browse more multi-family home listings in Miami Beach.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.