Price Check
How this price compares
- List price
- $1,490,000
- Price per sq ft
- N/A
- Original price
- $1,620,000
- Days on market
- 230
This lot in Federal Way Amd is listed at $1,490,000. The asking price has come down 8% from its original $1,620,000. It has been on the market for 230 days.
Estimated monthly payment
$7,831 /mo
Principal and interest only, based on $298,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,490,000
- Days on Site
- 230 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.16 Acres
- Property Type
- Land
- MLS #
- A11965096
- Property Tax
- $3,646 (2023)
- Subdivision
- FEDERAL WAY AMD
- County
- Miami Dade
- Status
- Active
About This Property
Prime Ocean-Access Waterfront Lot | Developer SpecialThe 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.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- North
- Lot Size (Acres)
- 0.16
- Zoning
- 0104
Exterior Features
- Lot Features
- Cleared / Other
- Waterfront
- Yes
- Waterfront Features
- Ocean Access / River Front / Seawall
- Frontage
- Waterfront
- Frontage Length
- 55.00 ft
- View
- River
Community & HOA
- Community Features
- Street Lights
- Financing Terms
- Cash / Owner Will Carry
- MLS Area
- 2320
Schools
- Elementary School
- Morningside K-8 Academy (Miami-Dade)
- Middle School
- Horace Mann
- High School
- Miami Edison
Features & Amenities
About the Community
Federal Way Amd is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $1,100,000 to $1,300,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Federal Way and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 7
- Median List Price
- $985,000
- Median $/Sq Ft
- $523
- Avg Days on Market
- 176
Frequently Asked Questions
- How do I schedule a tour of 531 NE 77, Miami, FL 33138?
- Use the Tour button on this listing to request a showing of 531 NE 77, Miami, FL 33138. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 531 NE 77, Miami, FL 33138 still available?
- 531 NE 77, Miami, FL 33138 is currently listed as Active, and has been on the market 230 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 531 NE 77, Miami, FL 33138?
- With 20% down ($298,000) on the $1,490,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 531 NE 77, Miami, FL 33138 is about $7,831/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 531 NE 77, Miami, FL 33138?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 531 NE 77, Miami, FL 33138. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 531 NE 77, Miami, FL 33138?
- 531 NE 77, Miami, FL 33138 is zoned for Morningside K-8 Academy (Miami-Dade) (elementary), Horace Mann (middle), Miami Edison (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 531 NE 77, Miami, FL 33138?
- Often, yes. The right offer on 531 NE 77, Miami, FL 33138 depends on how it's priced against comparable land sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Keller Williams Eagle Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,490,000
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Listed by Joshua Shemtov, Keller Williams Eagle Realty
Map & Location
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Recent Sales
Recently sold homes in Federal Way Amd
These are the last 6 recorded closings in Federal Way Amd, with the price each home actually sold for rather than what it was listed at. They closed at a median of $637 per square foot. The most recent closed on September 4, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$865,000
Sold · September 4, 2026
451 NE 73rd Street
3 bed · 2 bath · 1,358 sqft · $637/sqft
$9,999 under the asking price
Sold$821,000
Sold · August 10, 2026
454 NE 76th Street
3 bed · 2 bath · 970 sqft · $846/sqft
$78,000 under the asking price
Sold$965,000
Sold · July 24, 2026
434 NE 77th Street
2 bed · 2 bath · 1,346 sqft · $717/sqft
$23,000 under the asking price
Sold$1,160,000
Sold · July 10, 2026
7715 NE 5th Avenue
0 bed · 0 bath · 2,346 sqft · $494/sqft
$339,000 under the asking price
Sold$610,000
Sold · June 5, 2026
424 NE 72nd Street
4 bed · 2 bath · 1,884 sqft · $324/sqft
$365,000 under the asking price
Sold$750,000
Sold · January 15, 2026
560 NE 77th Street
4 bed · 3 bath · 1,781 sqft · $421/sqft
See every recorded sale in Federal Way Amd or find out what your Federal Way Amd home is worth.
