Quadruplex in 625 77th St Miami Beach for sale with MLS# A11950199
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
625 77th St, Miami Beach, FL 33141
- Price:
- $1,550,000.00
- Original List Price:
- $1,550,000.00
- Rent Includes:
- Sewer, Trash Collection, Water, Pest Control
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- MLS Number:
- A11950199
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- January 21, 2026 5:18 pm
- Living Area:
- 4,162 Sqft
- Built-Up Area:
- 4,162 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Sprinkler System, Less Than Quarter Acre
- Waterfront:
- No
- Waterfront Features:
- Ocean Access
- Exterior:
- Fence, Balcony, Porch, Lighting, Security High Impact Doors
- Patio and Porch:
- Open, Porch
- Windows:
- Blinds, Impact Glass, Impact glass, Impact Glass
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Heat Strip
- Storm Protection:
- Impact Glass
- Year Built:
- 1950
- Year Built Details:
- Resale
- Roof:
- Concrete
- Architectural Style:
- Fourplex
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Stories:
- 2
- Property Condition:
- Updated/remodeled
- Tax Annual Amount:
- $18,872.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects City & County Tax
- Parking Total Spaces:
- 0
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Subdivision Name:
- ALTOS DEL MAR NO 3
- Community Features:
- Laundry Facilities
- Senior Community:
- No
- Development Name:
- Alexis
- Documents Available:
- Rent Rolls, Lease
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant
- Buyer Possession:
- Other, Subject To Tenant Rights
- Tax Legal Description:
- 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
- Real Estate Folio Number (Parcel Number):
- 02-32-02-007-2150
- Zoning Description:
- 3900
- Originally published on:
- January 21, 2026 5:18 pm
- Active on the market since:
- January 21, 2026
- Price change occurred on:
- January 21, 2026 3:54 pm
- Listing Status Last Changed On:
- January 21, 2026 5:18 pm
- Photos updated on:
- January 21, 2026 10:51 pm
- Last Modified:
- April 3, 2026 6:20 pm
- Flood Zone:
- AE
- Type of Association:
- None
- Style:
- Fourplex
- Municipal Code:
- 2
- Subdivision Number:
- 7
- Courtesy of:
- London Foster Realty
- Attribution:
- Not provided
- Street Name:
- 77th St
- Street Number:
- 625
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33141
- County:
- Miami-Dade
- Latitude:
- N25° 51' 44''
- Longitude:
- W81° 52' 29.1''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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