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Listed price in listed location currency (USD).
$1,550,000

000

MLS® A11950199

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 4162 sqft
Garage No
Taxes $18,872
Days Active 0
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $372
MLS® Number A11950199

Property Address: 625 77th St, Miami Beach, FL, 33141-2225

Average square foot calculated using Size range provided by listing agent.

Description

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
MLS® NumberA11950199
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1950
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 21, 2026List Date
$1,550,000List Price
  • Commute

Commute

Starting Address
Destination Address
625 77 Th St, Miami Beach, FL

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