131 NE 77th St, Miami, FL, 33138
About This Home
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.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1975
Materials
- Roof: Other
- Construction materials: CBS Construction
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Quadruplex
Interior
Features
- Flooring: Ceramic Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 6,090
- Total interior livable area: 6,090 sqft
Property
Details
- Parcel number: 0131120650110
- Zoning: 4600
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot,1/4 To Less Than 1/2 Acre Lot
Parking
- Total spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,556 | $114,672 |
| Home Insurance * | $1,790 | $21,480 |
| Property Taxes | $1,275 | $15,300 |
| Electricity | $612 | $7,354 |
| Total | $13,233 | $158,796 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-07 | Listed for sale | $1,890,000 |
| 2026-02-01 | Listing removed | $1,950,000 |
| 2025-11-11 | Price change | $1,950,000 |
| 2025-10-08 | Price change | $2,200,000 |
| 2025-09-13 | Price change | $2,300,000 |
| 2025-08-30 | Listed for sale | $2,400,000 |
| 2025-06-29 | Listing removed | $2,400,000 |
| 2024-10-12 | Price change | $2,400,000 |
| 2024-09-16 | Listed for sale | $2,700,000 |
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