531 Ne 77th St Miami, FL 33141

This ocean-access waterfront lot offers 50+ feet of frontage on a navigable waterway, providing direct access to the Intracoastal and open bay with just one high-clearance bridge. The property includes a cut-in boat slip with a coral rock boat house, making it well suited for buyers who want water-oriented use at the site. The parcel is currently used with a grandfathered duplex footprint configured as three units. It is zoned T3-L, supporting single-family plus ADU development.

Development and design flexibility are a key part of the offering. Buyers can consider a custom waterfront spec home or a grand estate, as well as a main residence paired with a guest house for dual living arrangements. Alternatively, the existing three-unit configuration provides an option for those looking to work within the current footprint while planning future improvements. The seller also references transferred rights to a prior ~3,000 square foot home design, which may help reduce municipal building fees.

For owner-users, the waterfront and boat access create a straightforward foundation for building a primary home with auxiliary space. For investors and developers, the combination of ocean-access frontage, T3-L zoning, and the grandfathered duplex-to-three-units setup offers practical pathways to multiple residential strategies. Owner financing is available to qualified buyers.