Price Reduced 3.40%
Price History
$1,620,000
2/12/2026
$1,595,000
5/5/2026
$1,565,000
5/27/2026
531 NE 77, Miami, FL, 33138
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.
Status:
Active
Type:
Land (Residential)
Zoning:
0104
Frontage:
55
Subdivision:
FEDERAL WAY AMD
Acreage:
0.16
Est. Taxes:
$3,646
Lot Description:
< 1/4 Acre
View Description:
River
Waterfront:
Yes
Days on Market:
104
MLS #:
A11965096
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School Info
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Listing courtesy of KELLER WILLIAMS EAGLE REALTY 305-757-1700