625 77th St Miami Beach, FL 33141
North Shore NeighborhoodEstimated payment $10,019/month
Highlights
- Property has ocean access
- No HOA
- Porch
- Waterfront
- Balcony
- High Impact Windows
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. and close to the Normandy Shores Golf Course. PLEASE DO NOT BOTHER THE TENANTS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,872
Year Built
- Built in 1950
Lot Details
- Waterfront
- Fenced
Parking
- On-Street Parking
Home Design
- Quadruplex
- Concrete Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 4,162 Sq Ft Home
- 2-Story Property
- Blinds
- Ceramic Tile Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Home Security
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Outdoor Features
- Property has ocean access
- Balcony
- Exterior Lighting
- Porch
Utilities
- Air Conditioning
- Heat Strip
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 02-32-02-007-2150
Community Details
Overview
- No Home Owners Association
- 4 Units
- Altos Del Mar No 3 Condos
- Altos Del Mar No 3,Alexis Subdivision
Amenities
- Laundry Facilities
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 | $18,998 | $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 |
|---|---|---|---|---|
| 06/03/2026 06/03/26 | Pending | -- | -- | -- |
| 01/21/2026 01/21/26 | For Sale | $1,550,000 | -- | $372 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,010,000 | Pornprinya Tony | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $575,000 | Global Title Company Llc | |
| Warranty Deed | $100,000 | -- | |
| Deed | $100 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | Commercial | |
| Previous Owner | $77,250 | Commercial | |
| Previous Owner | $338,250 | FHA |
Source: MIAMI REALTORS® MLS
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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