# 531 NE 77, Miami, FL 33138

> **TL;DR:** land, $1,565,000.
> Waterfront, View. Est. $6,782/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,565,000 |
| Lot Size | 6,852 sqft (0.16 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - River

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,782 |
| **Total** | **$6,782** |

## Key Amenities

- Waterfront
- View

## Property Highlights

- 0.16 acre lot
- Waterfront

## Description

### Agent 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.

## Location

- **Address:** 531 NE 77, Miami, FL 33138
- **County:** Miami-Dade
- **Neighborhood:** Federal Way Amd

## Listing Agent

- **Name:** Joshua Shemtov
- **Brokerage:** Keller Williams Eagle Realty
- **Phone:** 3057726525
- **Email:** info@MiamiSOLD.com

## Primary Photo

![531 NE 77 - Primary Photo](http://lh.rdcpix.com/1241d807aa8d16e510eb9178144279bel-f3819375519r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.com/listing/531-ne-77-miami-fl-33138-11965096)*

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**MLS#:** A11965096 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/531-ne-77-miami-fl-33138-11965096)

---

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