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Residential Land for Sale in Miami, Florida

531 NE 77, Miami, FL 33138

$1,545,000
0.16 acres
Active sale
$20k drop
Est $10,719/mo

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

Street address
531 NE 77
Zip code
33138
Community
Federal Way Amd
Elevation
33 feet
Coordinates
25.846, -80.1857

Property details

Lot size
0.157 acres6,839 sq ft
MLS #
MAOR A11965096
Posted

Property taxes

2023
$3,646

Parcels

  • 01-32-07-040-0260

Legal description

Details and features

Listing

Type
Land
Zoning
0104
Franchise
Keller Williams Realty

Lot

Vegetation
Grassed
View
River
Waterfront
Ocean Access, River Front, Seawall
Features
< 1/4 Acre

Listing history

DateEventPriceChangeSource
June 12, 2026Price drop$1,545,000$20,000 -1.3%MAOR
May 27, 2026Price drop$1,565,000$30,000 -1.9%MAOR
May 5, 2026Price drop$1,595,000$25,000 -1.5%MAOR
Feb 13, 2026New listing$1,620,000MAOR
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This 0.157-acre property is located at 531 NE 77 in Miami, FL 33138. The land is available for sale, priced at $1,545,000.

Listed by Keller Williams Eagle Realty, (305) 757-1700

Checked 1 hour agoUpdated Source

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