625 77th St Miami Beach, FL 33141
North Shore NeighborhoodEstimated payment $9,799/month
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
Listing Agent
Sergio Evora
London Foster Realty License #3108028 Listed on: 01/21/2026
Map
Property Details
Home Type
Multi-Family
Year Built
1950
Lot Details
0 Sq Ft Lot
Listing Details
- Prop. Type: Residential Income
- Property Sub Type: Quadruplex
- Property Sub Type Additional: Quadruplex
- Year Built: 1950
- New Construction: No
- Structure Type: Multi Family
- DelayedMarketingYN: No
- Special Features: VirtualTour
Interior Features
- Flooring: Ceramic Tile
- Living Area: 4162.0
- Stories: 2
Exterior Features
- Exterior Features: Balcony, Lighting, Outdoor Living Area
- Fencing: Fenced
- Lot Features: Sprinkler System
- Pool Private: No
- Waterfront Features: Ocean Access
- Waterfront: Yes
- Construction Type: Block
- Patio And Porch Features: Porch, Balcony
- Property Condition: Resale, Updated/Remodeled
- Roof: Concrete
Utilities
- Laundry Features: Outside
- Cooling: Electric
- Cooling Y N: Yes
- Heating: Heat Strip, Separate Meters
- Heating Yn: Yes
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Utilities: Cable Available
- Water Source: Public
Condo/Co-op/Association
- Association: No
Schools
- Elementary School: Biscayne Beach
- High School: Miami Beach
- Middle Or Junior School: Miami Beach Nautilus
Lot Info
- Parcel #: 0232020072150
- Mobile Dim Units: Feet
- Zoning: 3900
Tax Info
- Tax Year: 2025
- Tax Annual Amount: 18872.0
Multi Family
- Number Of Units In Community: 4
- Number Of Units Total: 4
- Annual Gross Income: 9400.0
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 | -15.1% | $243 / Sq Ft | View Prior Sale |
| 04/06/2020 04/06/20 | Price Changed | $1,190,000 | +3.5% | $286 / Sq Ft | |
| 04/04/2020 04/04/20 | Price Changed | $1,150,000 | -8.0% | $276 / Sq Ft | |
| 01/12/2020 01/12/20 | For Sale | $1,250,000 | 0.0% | $300 / Sq Ft | |
| 12/01/2015 12/01/15 | Rented | $2,800 | +19.1% | -- | |
| 11/01/2015 11/01/15 | Under Contract | -- | -- | -- | |
| 10/28/2015 10/28/15 | For Rent | $2,350 | 0.0% | -- | |
| 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 |
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
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