500 77th St 2, Miami Beach, FL 33141 — MLS photo

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500 77th St 2, Miami Beach, FL 33141

Active · Condominium

$249,900

500 77th St 2, Miami Beach, FL 33141

Beds
1
Baths
1
Living area
738 sq ft
$ / sq ft
$339/sq ft
Year built
1950
Lot size
—
HOA fee
$350 Monthly
Annual tax
$3,394

About this property

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.

Property location

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500 77th St 2, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
738 sq ft
Flooring
Hardwood, Wood
Appliances
Gas Range, Microwave, Refrigerator
Cooling
Wall Window Units
Heating
None
Interior features
Bedroom On Main Level, First Floor Entry, Main Level Primary

Exterior & Structure

Property type
Condominium
Year built
1950
Stories
2
Architectural style
None
Construction
CBSConcrete Block Structure, Block
Exterior features
None
View
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
None

HOA, Community & Financials

Association fee
$350 Monthly
Fee inclusions
Common Areas, Insurance, Laundry, Maintenance Structure, Sewer, Trash, Water
Amenities
None
Security
Fire Sprinkler System, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$3,394
Subdivision
HORSESHOE CONDOMINIUM
County
Miami-Dade
Days on market
33
MLS listing ID
A12021117
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$149

Cap rate
5.0%
Net yield
5.0%
Cash-on-cash return
-2.6%
Gross yield
9.7%
Mortgage payment
$1,185/mo
Down payment
$62,475
Loan amount
$187,425
Annual NOI
$12,430

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.