625 77th St, Miami Beach, FL 33141
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625 77th St, Miami Beach, FL 33141
625 77th St, Miami Beach, FL 33141
625 77th St, Miami Beach, FL 33141
625 77th St, Miami Beach, FL 33141
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Ted Finkleman

Ted Finkleman

+1(702) 469-2800
$ 1,550,000
Est. payment /mo
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Active

625 77th St Miami Beach, FL 33141

4,162 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,162 sqft

Price per Sqft $372

Subdivision Altos Del Mar No 3

MLS Listing ID A11950199

Style Fourplex

HOA Y/N No

Year Built 1950

Annual Tax Amount $18,872

Tax Year 2025

Property Sub-Type Quadruplex

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. PLEASE DO NOT BOTHER THE TENANTS

Location

State FL

County Miami-dade

Community Altos Del Mar No 3

Area 32

Interior

Heating Heat Strip

Cooling Electric

Flooring Ceramic Tile

Window Features Blinds,Impact Glass

Exterior

Exterior Feature Balcony, Fence, Security/High Impact Doors, Lighting, Porch

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Waterfront Description Ocean Access

Roof Type Concrete

Porch Open, Porch

Private Pool No

Building

Lot Description Sprinkler System, < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Others

Tax ID 02-32-02-007-2150

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11950199

Miami Association of Realtors (SEFMIAMI MLS)
Listed by London Foster Realty

NEARBY SCHOOLS & PROPERTIES

Ted Finkleman

Ted Finkleman

+1(702) 469-2800

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625 77th St