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
- Swimming Pool
- Heating System
- Cooling System
- Patio:
- Porch, Open
- Architectural Style
- Community Features:
- Laundry Facilities
- Roof:
- Concrete
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami Beach
- Zipcode:
- 33141
- Street:
- 625 77th St, Miami Beach, Florida 33141
- Longitude:
- W81° 52' 29.1''
- Latitude:
- N25° 51' 44''
- Building Area:
- 4,162 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 23
- DOM:
- 23
- Exterior Features
- Flooring:
- Ceramic Tile
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Lot Features
- Parcel Number:
- 02-32-02-007-2150
- Subdivision Name:
- ALTOS DEL MAR NO 3
- Tax Annual Amount:
- $18,872
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
- Waterfront Features
- Window Features:
- Impact Glass, Blinds
Residential Income For Sale
625 77th St, Miami Beach, Florida 33141, Miami Beach, Florida 33141
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,550,000
- Square Footage :
- 4,162 Sqft
- Year Built :
- 1950
- MLS # :
- A11950199
- Property Sub Type :
- Quadruplex
