FEDERAL WAY AMD
531 NE 77, Miami FL 33138
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.

$1,549,000
— bd · 0 ba · 2,262 sqft
571 NE 67th St, Miami FL 33138

$1,500,000
— bd · 0 ba · 2,358 sqft
800 NE 85th St, Miami FL 33138

$1,499,000
— bd · 0 ba · 3,081 sqft
7811 NE 10th Ct, Miami FL 33138
$1,650,000
— bd · 0 ba · —
9699 NE 2nd Avenue, Miami Shores FL 33138

$1,425,000
— bd · 0 ba · —
Miami Shores, FL 33138

$1,680,000
— bd · 0 ba · —
Miami Shores, FL 33138

$1,300,000
— bd · 0 ba · 2,294 sqft
859 NE 90th St, Miami FL 33138
SOLD$1,299,000
— bd · 0 ba · —
8295 NE Miami Ct, Miami FL 33138
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
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).
| 6/11/2026 | Price change | $1,545,000-4.6% |
| 2/12/2026 | Listed 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
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Aventura City Of Excellence SchoolKG,1,2,3,4,5,6,7,8 · charter · 0.5 mi
St Lawrence Elementary SchoolKG,1,2,3,4,5,6,7,8 · private · 0.6 mi
Norman S. Edelcup/Sunny Isles Beach K-8PK,KG,1,2,3,4,5,6,7,8 · public · 0.6 mi
SmartKids MiamiPK,KG · private · 0.7 mi
Philosophical and Spiritual UniversityUG · private · 0.9 mi
Biscayne AcademyUG · private · 1.1 mi
The Tauber AcademyPK,KG · private · 1.2 mi
Spirit Of Christ Child Development Center & AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.2 mi
Spirit Of Christ Child Development CenterPK,KG · private · 1.2 mi
Spirit of Christ Child Development AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.2 mi
Estimated Monthly Payment
$9,661/mo
Principal & Interest
$8,223
Property Tax
$1,288
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
Similar listings nearby
More homes in Miami around $1,545,000.

601 NE 36th St # 3407, Miami FL 33137

2020 N Bayshore Dr # 3307, Miami FL 33137

1040 Biscayne Blvd # 3101, Miami FL 33132

901 Brickell Key Blvd # 2005, Miami FL 33131

10422 SW 121st St, Miami FL 33176

8430 SW 88th St, Miami FL 33156
