625 77th St, Miami Beach, FL 33141

• 4,162 sqft

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

Listing Status:

Active

Date Added:

January 21, 2026 at 06:00AM

Listing Office:

London Foster Realty : 305-514-0100

Listing Agent:

Sergio Evora : 305-776-6011

MLS ID:

A11950199

Interior

• General: Stairs
• Flooring: Ceramic Floor
• A/C: Electric
• Heating: Heat Strip

Exterior

• General: BalconyExterior Lights

Construction

• Roofing: Concrete
• Windows: Clear Impact GlassBlindsHigh Impact WindowsImpact Glass
• General: Concrete Block ConstructionCBS Construction2

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 3900ALTOS 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 102-32-02-007-2150
• Fencing: Fenced

Utilities

• Water: Municipal Water
• Sewer: Public Sewer

Financial

• Source: Miami Association of REALTORS®

This listing courtesy of Sergio Evora, London Foster Realty