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Property 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. PLEASE DO NOT BOTHER THE TENANTS

Features
Open Porch
Laundry Facility
Ocean Access
Address Map
FL
Miami-Dade County
Miami Beach
33141
625 77th St
ALTOS DEL MAR NO 3
W81° 52' 29.3''
N25° 51' 44''
ALTOS DEL MAR NO 3,Alexis
MLS Addon
All Cash, Conventional
1
4
Completely Renovated
Water, Pest Control, Sewer, Trash Collection
2
Quadruplex, Fourplex
$18,872
2025
Click Here
Municipal Water
3900
4
21/01/2026 22:37:10

625 77th St, Miami Beach, Florida 33141

$1,550,000
4,162 size sq.ft.
Listing ID #A11950199
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11950199
Price $1,550,000
Square Footage 4,162 Sqft
Year Built 1950
Days on Market 23
Building Area 4,162
Status Active
Property SubType Quadruplex
On Market Date 21/01/2026
Elena Beck
MiamiInvestrealty
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