70 NW 77th St # 11, Miami FL 33150 | Miami-Dade County | A11892267
- $150,000
- Stock Cooperative
- 1
- 1
- 0
- 551 Sq Ft
70 NW 77th St # 11, Miami FL 33150 | Miami-Dade County | A11892267
- $150,000
Description
Investor Deal in Little River! GREAT ROI: 8%!!! Rented $1500. New roof. NO SPECIAL ASSESTMENT. APPLE TV filmed building in its exciting series, Now &Then. Next to Wynwood, Design District, and I95. New Commuter train stop has been approved nearby and is being built to go to downtown Miami. Co-op. 1BR, Modern art-deco design. Quiet gated complex – 28 units. 3 more Units available to purchase, all rented. Low HOA. New roof. 1 assigned parking space. Occupancy is 100%. Showing by appt only. Neighborhood To Watch: Little River, Miami. Unit is rented $1500 a month till May 31, 2025. Building is in the process of passing the 40 year recertification. Co-op.
Property Overview
This is a one-bedroom, one-bathroom cooperative apartment at 70 NW 77th St #11 in the Little River area of Miami. The unit offers 551 square feet of living space in a 1961 building with a modern art-deco design, situated within a quiet, gated complex of 28 units. It includes one assigned parking space. The building has a new roof and is currently in the process of completing its 40-year recertification. The monthly HOA fee is $295. The cooperative is fully occupied, and this specific unit is rented for $1,500 per month through May 31, 2025. The location is adjacent to the Wynwood and Design District neighborhoods, with easy access to I-95. A new commuter train stop has been approved and is being built nearby to connect to downtown Miami. The building gained some recognition as a filming location for the Apple TV series "Now & Then."
Frequently Asked Questions
What is the monthly HOA fee and what does it cover?
The monthly HOA fee is $295. The listing confirms a low HOA and mentions a new roof for the building, but specific common element coverage should be verified. You can call the office at 305-859-4733 for a detailed breakdown of what's included.
Is this a condo or a co-op, and what's the difference?
This is a stock cooperative, or co-op. You purchase shares in the corporation that owns the building, which entitle you to a proprietary lease for unit #11. This is different from a condo where you own the real estate of the unit itself. The approval process and financing can differ.
The listing mentions an 8% ROI. How is that calculated?
The figure appears to be based on the current rental income. The unit is rented for $1,500 per month until May 31, 2025. With a purchase price of $150,000, the gross annual rent of $18,000 represents a 12% gross return. The net ROI would be lower after accounting for the HOA fee, taxes, insurance, and co-op assessments.
What is the status of the building's 40-year recertification?
The public remarks state the building is in the process of passing the 40-year recertification. This is a critical structural and electrical safety inspection required for buildings of this age in Miami-Dade County. For specific status and any required repairs, please call 305-859-4733.
Is parking included?
Yes, the unit includes 1 assigned parking space.
Monthly Fees & Carrying Costs
| Association Fee | $295 / month |
| Total Monthly Fees | $295 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
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Address
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Address: 77th St
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33150
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Area: PRESTIGE APTS INC CO-OP
Details
Updated on August 5, 2026 at 3:41 pm-
Property ID A11892267
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Price $150,000
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Property Size 551 Sq Ft
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Bedroom 1
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Room 0
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Bathroom 1
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Garage 0
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Year Built 1961
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Type Stock Cooperative
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Property Status Active, Residential
Additional details
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Flooring Tile
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Bedroom Features At Least 1 Bedroom Ground Level, Entry Level
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Cooling Electric, Wall/Window Unit(s)
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Association Type Condo
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Building PRESTIGE APTS INC CO
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Association Fee Frequency Monthly
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Area Prestige Apts Inc Co-op
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Annual Tax 2031
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Association Yes
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Elementary School Jesse J McCrary Jr.
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Private Pool No
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Listing Terms Cash
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Neighborhood Little River
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Waterfront No
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Full Bathrooms 1
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Subdivision PRESTIGE APTS INC CO-OP
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Total Stories 2
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Restrictions Corporate Buyer OK, Ok To Lease, Okay To Lease 1st Year
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Maintenance Includes Landscaping/Lawn Maintenance, Laundry Facilities, Parking, Sewer, Trash Removal, Water
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Amenities Laundry
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Parking 1 Space, Assigned, On Street
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Heating Electric, Window/Wall
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Structure Type Condo 1-4 Stories, Co-Op
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Tax Year 2024
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Construction CBS Construction
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Building Area 551
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Covered Spaces 0
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Middle School Miami Edison
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Unit Floor 1
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View Garden View
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Year Built Details Resale
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High School Miami Edison
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Pets Allowed Yes
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Attached Yes
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Unit Number 11
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Half Bathrooms 0
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Flood Zone X
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New Construction No
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Garage Spaces 0
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Style Condo 1-4 Stories
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Association Fee 295
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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