Quadruplex in 625 77th Street, Miami Beach, FL 33141 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 Street, Miami Beach, FL 33141
- Price:
- $1,550,000.00
- Original List Price:
- $1,550,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $372.41
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- June 3, 2026 1:06 pm
- Living Area:
- 4,162 Sqft
- Built-Up Area:
- 4,162 Sqft
- Waterfront:
- Yes
- Waterfront Features:
- Ocean Access
- Exterior:
- Balcony, Lighting
- Patio and Porch:
- Porch, Porch - Open
- Laundry:
- Outside
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Heat Strip, Separate Meters
- Fence:
- Fenced
- Storm Protection Impact Glass:
- Partial
- Sprinkler Description:
- Other Sprinkler
- Year Built:
- 1950
- Roof:
- Concrete
- Number of Units Total:
- 4
- Levels:
- Two
- Construction Materials:
- Block, CBS
- Flooring:
- Ceramic Tile
- Number of stories:
- 2
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 4
- Flood Zone Code:
- AE
- Property Condition:
- Resale, Updated/remodeled
- Tax Annual Amount:
- $18,872.00
- Tax Year:
- 2025
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Electric:
- Circuit Breakers
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Subdivision Name:
- ALTOS DEL MAR NO 3
- Senior Community:
- No
- Development Name:
- Alexis
- Documents Available:
- Rent Rolls, Deposit - Security, Copy Of Lease(s), Deposit - Last Months Rent
- Listing Terms Considered by Seller:
- Cash, Conventional
- 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):
- 0232020072150
- Zoning:
- 3900
- Elementary School:
- Fulford
- High School:
- Miami Beach
- Middle Or Junior School:
- Miami Beach Nautilus
- Active on the market since:
- January 21, 2026
- Listing Agreement executed on:
- January 21, 2026
- Purchase Contract Date:
- June 3, 2026
- Listing Status Last Changed On:
- June 3, 2026 1:06 pm
- Photos updated on:
- August 26, 2026 8:27 pm
- Last Modified:
- August 26, 2026 8:28 pm
- Courtesy of:
- London Foster Realty
- Attribution:
- Not provided
- Street Name:
- 77th
- Street Number:
- 625
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33141
- County:
- Miami-Dade
- Latitude:
- N25° 51' 44''
- Longitude:
- W81° 52' 29.1''
- Street Suffix:
- Street
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 625 77th Street, Miami Beach, FL 33141
