FEDERAL WAY AMD

531 NE 77, Miami FL 33138

For Sale · Active Listing

$1,545,000

4.63%

Est. Payment $8,223/mo

MLS Sheet Video

119

Days on Market

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.

Facts

MLS#
A11965096
Subdivision
FEDERAL WAY AMD
Property Type
Land/Boat Docks
Property Sub Type
Residential
Year Built
Lot Size
6,848 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
119 days
Listed
Feb 12, 2026
Last Updated
Jun 11, 2026
Price/Lot Sq.Ft.
$226/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

42

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/11/2026Price change$1,545,000-4.6%
2/12/2026Listed for sale$1,620,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

531 NE 77, Miami FL 33138Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$9,661/mo

Principal & Interest

$8,223

Property Tax

$1,288

Insurance

$150

HOA

$0

20% ($309,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Updated within 24 hours

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