131 NE 77th St, Miami, FL 33138

About 131 NE 77th St, Miami, FL 33138

Presenting a rare opportunity to acquire a renovated six-unit multifamily in Prime Location in the heart of Little River, one of Miami’s fastest-growing and most transformative neighborhoods. Situated on a prominent corner lot, this two-story property offers a compelling combination of stable in-place income and significant long-term redevelopment potential. Each of the six residences features a spacious 2-bedroom, 1-bathroom layout. The property has been thoughtfully upgraded with a new roof, impact-resistant windows, and a fully fenced perimeter, Strategically positioned just minutes from the Miami Design District, Wynwood, Downtown Miami, and Miami Beach, Major highways and it is surrounded by ongoing public and private investment driving sustained neighborhood growth. Whether your investment strategy is to maximize immediate cash flow through six income-producing units, renovate for increased rental returns, or capitalize on the site’s future development potential, this asset offers exceptional flexibility & upside in one of South Florida’s most sought-after submarkets. Renovated two-story multifamily property Six 2-bedroom, 1-bathroom units. Prime corner lot. New roof and impact-resistant windows. Fully fenced property. Strong in-place rental income. Redevelopment and value-add potential. Prime location near the Design District, Wynwood, Downtown Miami, and Miami Beach. This is a unique opportunity to acquire a high-quality multifamily in a Strong Rental Market.

How This Listing Compares in Miami

Per square foot, it is asking 22% below the Miami median for sales closed over the last twelve months.

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 131 NE 77th St, Miami, FL 33138

Flooring

Ceramic Floor

Heating

Central

Cooling

Central Air

Architectural Style

Attached, Other

Pool Private

No

Year Built Details

Resale

The Building at 131 NE 77th St, Miami, FL 33138

Building Name

ROSE LAWN PK A SUB

Building Area Total

6090

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Lot, Views & Construction at 131 NE 77th St, Miami, FL 33138

Lot Features

Less Than 1/4 Acre Lot, 1/4 To Less Than 1/2 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Other

Sewer

Public Sewer, Other

Water Source

Municipal Water

New Construction

No

Taxes & Public Record for 131 NE 77th St, Miami, FL 33138

Parcel Number

01-31-12-065-0110

Tax Annual Amount

$20,430

Tax Year

2,025

Tax Legal Description

ROSE LAWN PK A SUB PB 9-121 LOT 13 & W1/2 LOT 12 LESS S5FT FOR ST BLK 1 LOT SIZE 8866 SQ FT OR 19238-3383 08 2000 1 COC 26111-1203 10 2007 1

Zoning

4600

County Or Parish

Miami-Dade County

Map & Neighborhood