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Altos Del Mar, 625 77th St, Miami Beach, FL, Florida 33141
4,162SqFt
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Details
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Status:
Active
Size: 4,162 SqFt (387 m2)
Price: $372/SqFt ($4,009/m2)
Type: Multi Family
Built: 1950
MLS Number: A11950199
On Site: 34 Days
Updated: 11 Days ago
Page Views: 0
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
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony, Fence, SecurityHighImpactDoors, Lighting, Porch
      Interior, Heating and Cooling
      • Heating Description: HeatStrip
      • Cooling Description: Electric
      Building and Construction
      • Floor Description: CeramicTile
      • Windows/Treatment: Blinds,ImpactGlass
      • Year Built: 1950
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2026-01-21T17:18:34.000-00:00
        Taxes, Fees & More
        • Taxes: 18872
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        Price History
        01/21/2026
        Date
        Listed
        Event
        $1.6M
        Price
        $372 ft2 / $4,009 m2
        Price Per
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Sergio EvoraLondon Foster Realty • Buyer Agency Compensation .
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