
Residential Land for Sale in Miami, Florida
531 NE 77, Miami, FL 33138
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
- County
- Miami-Dade County
- Zip code
- 33138
- Community
- Federal Way Amd
- Elevation
- 33 feet
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
FEDERAL WAY AMD PB 25-6 LOT 9 BLK 5 LOT SIZE 50.000 X 137 OR 21226-4689 042003 3 COC 21621-3732 08 2003 1
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
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 12, 2026 | Price drop | $1,545,000 | $20,000 -1.3% | MAOR |
| May 27, 2026 | Price drop | $1,565,000 | $30,000 -1.9% | MAOR |
| May 5, 2026 | Price drop | $1,595,000 | $25,000 -1.5% | MAOR |
| Feb 13, 2026 | New listing | $1,620,000 | — | MAOR |