625 77th St Miami Beach, FL 33141
North Shore NeighborhoodEstimated payment $10,126/month
Highlights
- Property has ocean access
- Storm Windows
- Fenced
- Porch
- Ceramic Tile Flooring
- Heating Available
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,872
Year Built
- Built in 1950
Lot Details
- Fenced
Home Design
- Quadruplex
- Concrete Siding
- Block Exterior
Interior Spaces
- 4,162 Sq Ft Home
- 2-Story Property
- Blinds
- Ceramic Tile Flooring
Home Security
- Storm Windows
- Impact Glass
Outdoor Features
- Property has ocean access
- Porch
Utilities
- Cooling Available
- Heating Available
Community Details
- Association fees include pest control, sewer, trash, water
- 4,162 Sq Ft Building
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,872 | $1,005,971 | $660,000 | $345,971 |
| 2024 | $18,793 | $1,011,017 | $660,000 | $351,017 |
| 2023 | $18,793 | $994,502 | $660,000 | $334,502 |
| 2022 | $18,046 | $939,467 | $0 | $0 |
| 2021 | $16,490 | $854,061 | $550,000 | $304,061 |
| 2020 | $17,832 | $968,244 | $660,000 | $308,244 |
| 2019 | $16,003 | $848,752 | $550,000 | $298,752 |
| 2018 | $14,632 | $851,260 | $550,000 | $301,260 |
| 2017 | $12,587 | $661,000 | $0 | $0 |
| 2016 | $12,840 | $661,000 | $0 | $0 |
| 2015 | $9,948 | $502,110 | $0 | $0 |
| 2014 | $8,307 | $408,867 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/03/2026 06/03/26 | Pending | -- | -- | -- | |
| 01/21/2026 01/21/26 | For Sale | $1,550,000 | +53.5% | $372 / Sq Ft | |
| 10/29/2020 10/29/20 | Sold | $1,010,000 | -19.2% | $243 / Sq Ft | View Prior Sale |
| 09/23/2020 09/23/20 | Pending | -- | -- | -- | |
| 01/12/2020 01/12/20 | For Sale | $1,250,000 | +117.4% | $300 / Sq Ft | |
| 05/06/2014 05/06/14 | Sold | $575,000 | -11.5% | $151 / Sq Ft | View Prior Sale |
| 04/17/2014 04/17/14 | Pending | -- | -- | -- | |
| 11/30/2013 11/30/13 | For Sale | $650,000 | -- | $170 / Sq Ft |
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: A11950199
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.
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