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Condominium
$249,900$339 / sqft
500 77th St # 2, Miami Beach FL 33141
Listed
1
Bedrooms
1
Bathrooms
738 sqft
Interior
1950
Year built
$350 / mo
HOA
Condominium
Type
About this home
Welcome to Unit #2 at 500 77th Street — a beautifully appointed 1-bedroom, 1-bathroom residence offering 738 square feet of thoughtfully designed living space in one of Miami Beach's most beloved neighborhoods. Impact windows and front door. Nestled in a meticulously maintained boutique building, this intimate community delivers the rare combination of pride-of-ownership living and an unbeatable South Florida lifestyle. Step outside and find yourself in the authentic, local energy that defines North Beach — a true stronghold for locals, where residents stroll the ocean boardwalk, gather at Oceanside Park, and enjoy the cultural heartbeat of the Normandy Fountain area with its weekly farmers' markets and vibrant dining scene. Reflecting the rich Argentine character of the neighborhood, the surrounding streets offer a genuinely cosmopolitan daily life that Miami Beach's more crowded corridors simply cannot replicate. The building itself mirrors the quiet sophistication of the area — a boutique structure with well-kept common areas and the kind of attentive upkeep rarely found at this price point. Minutes from Bal Harbour Shops, top-rated restaurants, and world-famous beaches, this residence is equally compelling as a primary home, vacation retreat, or savvy investment. With North Beach's ongoing revitalization bringing new energy and value to the corridor, the timing couldn't be better.
Features
- First Floor Entry
- Fire Sprinklers
- None
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Okay To Lease 1st Year
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.