Federal Way, 531 NE 77

1,595,000-1.88%
$1,565,000
0.16
Acre
Status
Active
Size
0.16 Acres (636 m2)
Price
$9,781,250/Acre ($2,459/m2)
Type
Land
MLS Number
A11965096
View
River
On Site
112 Days
Updated
9 Days ago
Page Views
0
Prime Ocean-Access Waterfront Lot | Developer Special High-upside waterfront 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 an... Read more

Features

All features
  • Property SqFt: 6850
  • Remarks: Prime Ocean-Access Waterfront Lot | Developer Special High-upside waterfront 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 (Single-Family + ADU), the property unlocks multiple lucrative strategies: A luxury custom waterfront spec home or grand estate. A main residence plus a guest house for dual income or multi-generational living. A multi-unit configuration capitalizing on the grandfathered duplex footprint (currently used as three units). Added Value: Transferred rights to a previous ~3, 000 sq. ft. home design can slash municipal building fees. 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.
  • Internet Remarks: Prime Ocean-Access Waterfront Lot | Developer Special High-upside waterfront 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 (Single-Family + ADU), the property unlocks multiple lucrative strategies: A luxury custom waterfront spec home or grand estate. A main residence plus a guest house for dual income or multi-generational living. A multi-unit configuration capitalizing on the grandfathered duplex footprint (currently used as three units). Added Value: Transferred rights to a previous ~3, 000 sq. ft. home design can slash municipal building fees. 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.
  • View: River
  • Waterfront: Yes
  • Directions: North
  • Days on Market: 104
  • 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

05/27/2026
Date
Price Reduced
Event
$1.6M
Price
-1.88%
Change Rate
$228 ft2 / $2,459 m2
Price Per
05/05/2026
Date
Price Reduced
Event
$1.6M
Price
-1.54%
Change Rate
$233 ft2 / $2,506 m2
Price Per
02/13/2026
Date
Listed
Event
$1.6M
Price
$236 ft2 / $2,546 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Joshua ShemtovKeller Williams Eagle Realty • Buyer Agency Compensation .

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