531 NE 77, Miami FL 33138, Miami
$1,545,000
Miami, FL, 33138
Property details
- Type
- Residential
- Days on market
- 161
- MLS #
- A11965096
Listing courtesy of Keller Williams Eagle Realty · 305-757-1700. Listing agent: Joshua Shemtov. MLS data last updated 2026-07-23.
Description
Prime Ocean-Access Waterfront Lot | Developer Special The lowest-priced ocean-access waterfront land in Miami. High-upside 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, the property unlocks multiple lucrative strategies: A luxury custom waterfront spec home. A main residence plus an ADU (accessory dwelling unit) for dual income or multi-generational living. Added Value: Transferred rights to a previous ~3,000 sq. ft. home design can slash municipal building fees and save pre-development time. 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. Bring your architect and your vision.
531 NE 77, Miami FL 33138, Miami — for sale, listed for $1,545,000.
Where is this market heading?
Our weekly snapshot archive tracks the median for listings for sale in 33138: $480/sqft in 2026-W30 to $479/sqft in 2026-W31.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=95 · 2026-07-29 · Methodology
Run the numbers
Time on market
Against 95 comparable listings for sale in 33138, this listing's 161 days on market compares with a 92-day median (70% percentile).
n=95 · 2026-07-29 · Methodology
Asking price vs segment median
$1,545,000 asks 23.6% above the $1,250,000 median across 95 listings for sale in ZIP 33138.
n=95 · 2026-07-29 · Methodology
Price-reduction climate
37% of 95 active listings for sale in 33138 are listed below their original asking price.
n=95 · 2026-07-29 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33138 show a median asking $479/sqft — 15.7% above the Miami median asking of $414/sqft.
n=20 · 2026-07-29 · Methodology
Local market report
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology
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