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
Under contract
$1,550,000
625 77th St, Miami Beach, FL 33141
8beds
8baths
4,162sqft
Quadruplex
Built in 1950
-- sqft lot
$1,430,600 Zestimate®
$372/sqft
$-- HOA
What's special
Porcelain flooringOpen-concept kitchensHurricane-impact windows and doorsRecent interior paintStainless-steel appliances
- 231 days
- 26
- 0
Zillow last checked:
Listing updated:
Listed by:
Sergio Evora 305-776-6011,
London Foster Realty
Source: MIAMI,MLS#: A11950199
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Heat Strip
Cooling
- Electric
Features
- Stairs
- Flooring: Ceramic Tile
- Doors: High Impact Doors
- Windows: Clear Impact Glass, Blinds, High Impact Windows, Impact Glass
Interior area
- Total structure area: 4,162
- Total interior livable area: 4,162 sqft
Video & virtual tour
Property
Features
- Stories: 2
- Patio & porch: Open Porch
- Exterior features: Balcony, Lighting
- Fencing: Fenced
- On waterfront: Yes
- Waterfront features: Ocean Access
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0232020072150
- Zoning: 3900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction, CBS Construction
- Roof: Concrete
Condition
- Completely Renovated
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: Altos Del Mar No 3,Alexis
HOA
- Has HOA: No
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $372/sqft
- Annual tax amount: $18,872
- Date on market: 1/21/2026
- Listing terms: All Cash,Conventional
Estimated market value
$1,430,600
$1.36M - $1.50M
$3,741/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Pending sale | $1,550,000$372/sqft |
Source: | ||
| 1/21/2026 | Listed for sale | $1,550,000+53.5%$372/sqft |
Source: | ||
| 10/29/2020 | Sold | $1,010,000-15.1%$243/sqft |
Source: | ||
| 9/23/2020 | Pending sale | $1,190,000$286/sqft |
Source: InterConnect Realty LLC #A10798843 Report a problem | ||
| 4/6/2020 | Price change | $1,190,000+3.5%$286/sqft |
Source: InterConnect Realty LLC #A10798843 Report a problem | ||
| 4/4/2020 | Price change | $1,150,000-8%$276/sqft |
Source: InterConnect Realty LLC #A10798843 Report a problem | ||
| 1/13/2020 | Price change | $1,250,000+5.9%$300/sqft |
Source: InterConnect Realty LLC #A10798843 Report a problem | ||
| 12/28/2019 | Listed for sale | $1,180,000-1.7%$284/sqft |
Source: Owner Report a problem | ||
| 9/25/2019 | Listing removed | $2,000 |
Source: InterTrust Realty Corp Report a problem | ||
| 8/26/2019 | Listed for rent | $2,000+5.8% |
Source: InterTrust Realty Corp Report a problem | ||
| 5/26/2019 | Listing removed | $1,890-5% |
Source: Equity Realty Report a problem | ||
| 5/22/2019 | Listing removed | $1,199,800$288/sqft |
Source: Owner Report a problem | ||
| 5/20/2019 | Listed for sale | $1,199,800+108.7%$288/sqft |
Source: Owner Report a problem | ||
| 4/7/2019 | Listed for rent | $1,990-0.5% |
Source: Equity Realty Report a problem | ||
| 7/9/2018 | Listing removed | $2,000 |
Source: InterTrust Realty Corp Report a problem | ||
| 6/17/2018 | Price change | $2,000-20% |
Source: Zillow Rental Manager Report a problem | ||
| 5/10/2018 | Price change | $2,500+31.6%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/19/2018 | Price change | $1,900-24% |
Source: Keller Williams Realty Coral Gables Report a problem | ||
| 2/23/2018 | Price change | $2,500-10.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/5/2018 | Price change | $2,800-3.4%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/2/2017 | Listed for rent | $2,900+38.1%$1/sqft |
Source: Intertrust Realty Corp. #A10270378 Report a problem | ||
| 6/28/2017 | Listing removed | $2,100$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/25/2017 | Listed for rent | $2,100$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/7/2015 | Sold | $575,000-11.5%$138/sqft |
Source: Agent Provided Report a problem | ||
| 5/14/2014 | Listing removed | $650,000$156/sqft |
Source: Keller Williams Miami Beach Realty #A1877820 Report a problem | ||
| 12/5/2013 | Listed for sale | $650,000$156/sqft |
Source: Majestic Properties Lincoln Road Report a problem | ||
Public tax history
Tax history is unavailable.
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