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531 NE 77, Miami FL 33138

Lots/Land For Sale
$1,565,000

BTC: 24.45312500

ETH: 896.33447881

-$55K (2026/05/27)
110 days
Waterfront
0 room(s)

Overview

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

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.16 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$367,000
$175K – $1.4M
Confidence Low
List vs. estimate
$1.2M above estimate
List $1,565,000 · +326.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
62 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,646
2023
View
River View
Waterfront
Ocean Access, One Fixed Bridge
All facts and features
  • Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 01-32-07-040-0260

    • Zoning: 0104

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $3,646

  • Source details

    • MLS ID: A11965096

    Other facts

    • Lot Features: Other Location / Less Than 1/4 Acre Lot / Cleared / Other / Street Lights

    • Direction Faces: North

    • Other Structures: None

    • Waterfront: Yes

    • Subdivision Name: FEDERAL WAY AMD

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Eagle Realty