$1,550,000
625 77th Street
Miami Beach, FL 33141
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $1,550,000
- Price per sq ft
- $372
- Vs. nearby sales
- 8.5% above
- Days on market
- 133
This multi-family property in Altos Del Mar No 3 went under contract with an asking price of $1,550,000, or $372 per square foot. It spent 133 days on the market before going under contract. The 3 most recent multi-family property sales in the closings shown below sold at a median of $343 per square foot, so the asking price was 8.5% above what comparable homes here actually sold for.
Estimated monthly payment
$8,146 /mo
Principal and interest only, based on $310,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,550,000
- Days on Site
- 133 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 4,162 sqft
- Total Sq Ft
- 4,162 sqft
- Year Built
- 1950
- Property Type
- Multi-Family
- MLS #
- A11950199
- Property Tax
- $18,872 (2025)
- Subdivision
- ALTOS DEL MAR NO 3
- Development
- Alexis
- County
- Miami Dade
- Status
- Under Contract
About This Property
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
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Under Contract
- Year Built
- 1950
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 2
- Living Sq Ft
- 4,162
- Total Sq Ft
- 4,162
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3900
Interior Features
- Cooling
- Electric
- Heating
- Heat Strip / Separate Meters
- Flooring
- Ceramic Tile
- Laundry
- Outside
Exterior Features
- Construction
- Block
- Roof
- Concrete
- Exterior Features
- Balcony / Lighting / Outdoor Living Area
- Patio & Porch
- Porch / Balcony
- Lot Features
- Sprinkler System
- Waterfront
- Yes
- Waterfront Features
- Ocean Access
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
Schools
- Elementary School
- Biscayne Beach
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
Altos Del Mar No 3 is a luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,100,000 to $2,800,000. Pure Equity lists homes in Altos Del Mar No 3 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
- 6
- Under Contract
- 1
- Median List Price
- $1,574,000
- Median $/Sq Ft
- $438
- Avg Days on Market
- 145
Frequently Asked Questions
- How do I schedule a tour of 625 77th Street, Miami Beach, FL 33141?
- Use the Tour button on this listing to request a showing of 625 77th Street, Miami Beach, FL 33141. 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 625 77th Street, Miami Beach, FL 33141 still available?
- 625 77th Street, Miami Beach, FL 33141 is currently listed as Under Contract, and has been on the market 133 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 625 77th Street, Miami Beach, FL 33141?
- With 20% down ($310,000) on the $1,550,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 625 77th Street, Miami Beach, FL 33141 is about $8,146/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 625 77th Street, Miami Beach, FL 33141?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 625 77th Street, Miami Beach, FL 33141. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 625 77th Street, Miami Beach, FL 33141?
- 625 77th Street, Miami Beach, FL 33141 is zoned for Biscayne Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (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 625 77th Street, Miami Beach, FL 33141?
- Often, yes. The right offer on 625 77th Street, Miami Beach, FL 33141 depends on how it's priced against comparable multi-family sales in Miami Beach, 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 London Foster 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 July 1, 2026.
$1,550,000
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Listed by Sergio Evora, London Foster Realty
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Recent Sales
Recently sold homes in Altos Del Mar No 3
These are the last 4 recorded closings in Altos Del Mar No 3, with the price each home actually sold for rather than what it was listed at. They closed at a median of $343 per square foot. The most recent closed on July 22, 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$1,175,000
Sold · July 22, 2026
7710 Carlyle Avenue
0 bed · 0 bath · 3,425 sqft · $343/sqft
$24,000 under the asking price
Sold$1,400,000
Sold · July 17, 2026
7820 Harding Avenue
0 bed · 0 bath · 3,304 sqft · $424/sqft
$350,000 under the asking price
Sold$1,200,000
Sold · July 7, 2026
630 79th Street
0 bed · 0 bath · 4,306 sqft · $279/sqft
$149,000 under the asking price
Sold$156,450
Sold · September 4, 2025
7945 Carlyle Avenue 1
1 bed · 1 bath
$32,550 under the asking price
See every recorded sale in Altos Del Mar No 3 or find out what your Altos Del Mar No 3 home is worth.
