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Land in Miami, FL 33138
Federal Way, 531 NE 77

Share
$1,490,000
$130K
Estimate Payment $7,838Closing Costs
Beds
0.16
Acre
$9,312,500
$/Acre
Mid-Tier Land
River View
Waterfront
Prime Ocean-Access Waterfront Lot | Developer Special The lowest-priced ocean-access waterfront land in Miami. High-upside parcel in Miami’s accelerating Upper Eastside / Little River corridor featuring 50+ feet of frontage on a navigable waterway. This site offers direct access to the Intracoastal and open bay with just one high-clearance bridge. Located in an active redevelopment pocket, it combines lifestyle appeal with massive resale and rental demand. Owner financing available. Zoning & Development Versatility: Zoned T3-L, the property unlocks multiple lucrative strategies: A luxury custom waterfront spec home. A main residence plus an ADU (accessory dwelling unit) for dual income or multi-generational living. Added Value: Transferred rights to a previous ~3,000 sq. ft. home design can slash municipal building fees and save pre-development time. The site features a unique cut-in boat slip with a coral rock boat house. Situated minutes from Miami IronSide, the MiMo District, and the Design District, this high-growth submarket faces a dwindling supply of available land. Bring your architect and your vision.
MLS Number: A11965096
On Site: 234 Days
Updated: 12 Days ago
Page Views: 0

Features

All features
  • Property SqFt: 6850
  • Remarks: Prime Ocean-Access Waterfront Lot | Developer Special The lowest-priced ocean-access waterfront land in Miami. High-upside parcel in Miami’s accelerating Upper Eastside / Little River corridor featuring 50+ feet of frontage on a navigable waterway. This site offers direct access to the Intracoastal and open bay with just one high-clearance bridge. Located in an active redevelopment pocket, it combines lifestyle appeal with massive resale and rental demand. Owner financing available. Zoning & Development Versatility: Zoned T3-L, the property unlocks multiple lucrative strategies: A luxury custom waterfront spec home. A main residence plus an ADU (accessory dwelling unit) for dual income or multi-generational living. Added Value: Transferred rights to a previous ~3, 000 sq. ft. home design can slash municipal building fees and save pre-development time. The site features a unique cut-in boat slip with a coral rock boat house. Situated minutes from Miami IronSide, the MiMo District, and the Design District, this high-growth submarket faces a dwindling supply of available land. Bring your architect and your vision.
  • Internet Remarks: Prime Ocean-Access Waterfront Lot | Developer Special The lowest-priced ocean-access waterfront land in Miami. High-upside parcel in Miami’s accelerating Upper Eastside / Little River corridor featuring 50+ feet of frontage on a navigable waterway. This site offers direct access to the Intracoastal and open bay with just one high-clearance bridge. Located in an active redevelopment pocket, it combines lifestyle appeal with massive resale and rental demand. Owner financing available. Zoning & Development Versatility: Zoned T3-L, the property unlocks multiple lucrative strategies: A luxury custom waterfront spec home. A main residence plus an ADU (accessory dwelling unit) for dual income or multi-generational living. Added Value: Transferred rights to a previous ~3, 000 sq. ft. home design can slash municipal building fees and save pre-development time. The site features a unique cut-in boat slip with a coral rock boat house. Situated minutes from Miami IronSide, the MiMo District, and the Design District, this high-growth submarket faces a dwindling supply of available land. Bring your architect and your vision.
  • View: River
  • Waterfront: Yes
  • Directions: North
  • Days on Market: 223
  • Compass Point: NE
  • Office Name: Keller Williams Eagle Realty
  • Area: 6850
  • Taxes: 3646
  • Tax Year: 2023
  • Listing Date: 2026-02-13T12:08:30.000-00:00
  • Lot Size Square Feet: 6850

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Price History

Current
$1.5M
High
$1.6M
Low
$1.5M
Total Change
-8%
$1.6M$1.6M$1.5MFeb 26May 26May 26Jun 26Jun 26Sep 26
Date
Event
Price
Change
Price Per
09/23/2026
Price Reduced
$1.5M
-3.56%
$218 ft2
$2,341 m2
06/11/2026
Price Reduced
$1.5M
0%
$226 ft2
$2,428 m2
06/11/2026
Price Reduced
$1.5M
-1.28%
$226 ft2
$2,428 m2
05/27/2026
Price Reduced
$1.6M
-1.88%
$228 ft2
$2,459 m2
05/05/2026
Price Reduced
$1.6M
-1.54%
$233 ft2
$2,506 m2
02/13/2026
Listed
$1.6M
 
$236 ft2
$2,546 m2
09/23/2026
$1.5M
Event
Price Reduced
Change
-3.56%
Price Per
$218 ft2
$2,341 m2
06/11/2026
$1.5M
Event
Price Reduced
Change
0%
Price Per
$226 ft2
$2,428 m2
06/11/2026
$1.5M
Event
Price Reduced
Change
-1.28%
Price Per
$226 ft2
$2,428 m2
05/27/2026
$1.6M
Event
Price Reduced
Change
-1.88%
Price Per
$228 ft2
$2,459 m2
05/05/2026
$1.6M
Event
Price Reduced
Change
-1.54%
Price Per
$233 ft2
$2,506 m2
02/13/2026
$1.6M
Event
Listed
Price Per
$236 ft2
$2,546 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Joshua Shemtov • Keller Williams Eagle Realty • Buyer Agency Compensation .

Transit & Commute from Federal Way

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32
Traffic score
Congested area. Frequent traffic delays
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Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
89
100
Transit Score®
Good Transit. Many nearby public transportation options
54
100
Bike Score®
Bikeable. Some bike infrastructure
62
100
Sound Score®
Bearable noise
75
100
Airport Score
Close to airports. Noticeable airport activity
0
100
Traffic Score
Congested area. Frequent traffic delays
32
100
Local Score
Limited local amenities nearby
1
100
Community Snapshot
3 – 4 BR
Bedrooms
$799K – $1.5M
Price Tier
826 - 3,502
SqFt Range
1939
Year Build
3
Total Floors

Miami
Mid-Tier
 Mid-Tier Homes & Condos

Miami, FL Nearby Cities

Miami, FL Price Range Segments

Entry-Level
Entry-Level85
Premium
Premium224
Mid-Tier
Mid-Tier340
High-End
High-End137
Ultra Luxury
Ultra Luxury74
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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