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Listing courtesy of
Keller Williams Eagle Realty
Joshua Shemtov
MLS® #A11965096
Listing information last updated June 11, 2026
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Overview
This residential in Upper East Side is listed for sale at $1,545,000.
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.
Listing history
Price reduced
↓ $20,000 from $1,565,000 · Jun 11, 2026 · MIAMI MLS
$1,545,000
Listed for sale
Feb 12, 2026 · MIAMI MLS
$1,620,000
Days on market
as of today
159 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2023)
$3,646
Waterfront
Ocean Access, One Fixed Bridge, River, Seawall
FEMA flood zone
AE
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11965096
Price$1,545,000
TypeResidential
StatusFor Sale
Flood zoneAE
Features & amenities
Has a View
Has Waterfront
Location
531 NE 77, Miami FL 33138
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 159 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.