625 77th St Miami Beach FL 33141 MLS #A11950199
625 77th St
Miami Beach, FL, 33141
$1,550,000
Beds
0 Baths
4,162 SqFt
0 Acres
$1,550,000
625 77th St
Miami Beach, FL, 33141
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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. PLEASE DO NOT BOTHER THE TENANTS

Property Details

Price:
$1,550,000
MLS #:
A11950199
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
ALTOS DEL MAR NO 3,Alexis
Neighborhood:
altosdelmarno3
Listed Date:
Jan 21, 2026
Finished Sq Ft:
4,162
Total Sq Ft:
4,162
Year Built:
1950
Units:
4
WaterfrontAltos Del Mar No 3Altosdelmarno3Altos Del Mar No 3,alexis

Schools

Interior

Cooling
Electric
Flooring
Ceramic Floor
Heating
Heat Strip
Interior Features
Stairs

Exterior

Building Features
Laundry Facility
Construction Materials
Concrete Block Construction, CBS Construction
Exterior Features
Balcony, Exterior Lights
Fencing
Fenced
Lot Features
Less Than 1/4 Acre Lot
Patio And Porch Features
Open Porch
Roof
Concrete
Stories
2
Waterfront Features
Ocean Access
Window Features
Clear Impact Glass, Blinds, High Impact Windows, Impact Glass

Financial

Tax Year
2025
Taxes
$18,872
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Current real estate data for Multi Family in Miami Beach as of Apr 21, 2026
51
Multi Family Listed
174
Avg DOM
2,123
Avg $ / SqFt
$2,975,900
Avg List Price

Community

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Property Summary

    Located in the ALTOS DEL MAR NO 3,Alexis subdivision, 625 77th St Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33141. It is listed for $1,550,000
625 77th St
Miami Beach, FL