Altos Del Mar, 625 77th St, Miami Beach, FL, Florida 33141

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