531 NE 77, Miami, FL 33138
531 NE 77, Miami, FL 33138
531 NE 77, Miami, FL 33138
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$ 1,565,000
Est. payment | /mo

6,847 Sqft Lot


$ 1,565,000
Est. payment | /mo

6,847 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Federal Way Amd

MLS Listing ID A11965096

HOA Y/N No

Annual Tax Amount $3,646

Tax Year 2023

Lot Size 6,847 Sqft

Acres 0.1572

Property Sub-Type Residential

Property Description

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.

Location

State FL

County Miami-dade

Community Federal Way Amd

Area 32

Exterior

Waterfront Description Fixed Bridge,Ocean Access,River Front,Seawall

View River

Street Surface Paved

Private Pool Yes

Building

Lot Description < 1/4 Acre

Faces North

Others

Tax ID 01-32-07-040-0260

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11965096

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Keller Williams Eagle Realty

Schools and Properties Nearby

Jonathan Martinez

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531 NE 77