← Back to results

775 NE 77th Ter

Miami, FL 33138 · single_family · For Sale · 145 days on market
Asking price$9,500,000
6 beds 7 baths 6,902 sqft
Suggested offer$4,857,421$4,642,579 above the est. market value of $4,857,421.
View on Realtor.com →
Listed by Raissa Herrera · Douglas Elliman
Typesingle_family
Built2021
Price / sqft$1376
Est. value (own analysis)$4,857,421
Rent estimate (own analysis)$58,500/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire1/10Minimal
Photo 1 of 775 NE 77th TerPhoto 2 of 775 NE 77th TerPhoto 3 of 775 NE 77th TerPhoto 4 of 775 NE 77th TerPhoto 5 of 775 NE 77th TerPhoto 6 of 775 NE 77th TerPhoto 7 of 775 NE 77th TerPhoto 8 of 775 NE 77th TerPhoto 9 of 775 NE 77th TerPhoto 10 of 775 NE 77th TerPhoto 11 of 775 NE 77th TerPhoto 12 of 775 NE 77th TerPhoto 13 of 775 NE 77th TerPhoto 14 of 775 NE 77th TerPhoto 15 of 775 NE 77th TerPhoto 16 of 775 NE 77th TerPhoto 17 of 775 NE 77th TerPhoto 18 of 775 NE 77th TerPhoto 19 of 775 NE 77th TerPhoto 20 of 775 NE 77th TerPhoto 21 of 775 NE 77th TerPhoto 22 of 775 NE 77th TerPhoto 23 of 775 NE 77th TerPhoto 24 of 775 NE 77th TerPhoto 25 of 775 NE 77th TerPhoto 26 of 775 NE 77th TerPhoto 27 of 775 NE 77th TerPhoto 28 of 775 NE 77th TerPhoto 29 of 775 NE 77th TerPhoto 30 of 775 NE 77th TerPhoto 31 of 775 NE 77th TerPhoto 32 of 775 NE 77th TerPhoto 33 of 775 NE 77th TerPhoto 34 of 775 NE 77th TerPhoto 35 of 775 NE 77th TerPhoto 36 of 775 NE 77th TerPhoto 37 of 775 NE 77th TerPhoto 38 of 775 NE 77th TerPhoto 39 of 775 NE 77th TerPhoto 40 of 775 NE 77th TerPhoto 41 of 775 NE 77th TerPhoto 42 of 775 NE 77th TerPhoto 43 of 775 NE 77th TerPhoto 44 of 775 NE 77th TerPhoto 45 of 775 NE 77th TerPhoto 46 of 775 NE 77th TerPhoto 47 of 775 NE 77th TerPhoto 48 of 775 NE 77th TerPhoto 49 of 775 NE 77th TerPhoto 50 of 775 NE 77th TerPhoto 51 of 775 NE 77th TerPhoto 52 of 775 NE 77th TerPhoto 53 of 775 NE 77th TerPhoto 54 of 775 NE 77th TerPhoto 55 of 775 NE 77th TerPhoto 56 of 775 NE 77th TerPhoto 57 of 775 NE 77th TerPhoto 58 of 775 NE 77th TerPhoto 59 of 775 NE 77th TerPhoto 60 of 775 NE 77th TerPhoto 61 of 775 NE 77th TerPhoto 62 of 775 NE 77th TerPhoto 63 of 775 NE 77th TerPhoto 64 of 775 NE 77th TerPhoto 65 of 775 NE 77th TerPhoto 66 of 775 NE 77th TerPhoto 67 of 775 NE 77th Ter
1 / 67
Photo 1 of 775 NE 77th TerPhoto 2 of 775 NE 77th TerPhoto 3 of 775 NE 77th TerPhoto 4 of 775 NE 77th TerPhoto 5 of 775 NE 77th TerPhoto 6 of 775 NE 77th TerPhoto 7 of 775 NE 77th TerPhoto 8 of 775 NE 77th TerPhoto 9 of 775 NE 77th TerPhoto 10 of 775 NE 77th TerPhoto 11 of 775 NE 77th TerPhoto 12 of 775 NE 77th TerPhoto 13 of 775 NE 77th TerPhoto 14 of 775 NE 77th TerPhoto 15 of 775 NE 77th TerPhoto 16 of 775 NE 77th TerPhoto 17 of 775 NE 77th TerPhoto 18 of 775 NE 77th TerPhoto 19 of 775 NE 77th TerPhoto 20 of 775 NE 77th TerPhoto 21 of 775 NE 77th TerPhoto 22 of 775 NE 77th TerPhoto 23 of 775 NE 77th TerPhoto 24 of 775 NE 77th TerPhoto 25 of 775 NE 77th TerPhoto 26 of 775 NE 77th TerPhoto 27 of 775 NE 77th TerPhoto 28 of 775 NE 77th TerPhoto 29 of 775 NE 77th TerPhoto 30 of 775 NE 77th TerPhoto 31 of 775 NE 77th TerPhoto 32 of 775 NE 77th TerPhoto 33 of 775 NE 77th TerPhoto 34 of 775 NE 77th TerPhoto 35 of 775 NE 77th TerPhoto 36 of 775 NE 77th TerPhoto 37 of 775 NE 77th TerPhoto 38 of 775 NE 77th TerPhoto 39 of 775 NE 77th TerPhoto 40 of 775 NE 77th TerPhoto 41 of 775 NE 77th TerPhoto 42 of 775 NE 77th TerPhoto 43 of 775 NE 77th TerPhoto 44 of 775 NE 77th TerPhoto 45 of 775 NE 77th TerPhoto 46 of 775 NE 77th TerPhoto 47 of 775 NE 77th TerPhoto 48 of 775 NE 77th TerPhoto 49 of 775 NE 77th TerPhoto 50 of 775 NE 77th TerPhoto 51 of 775 NE 77th TerPhoto 52 of 775 NE 77th TerPhoto 53 of 775 NE 77th TerPhoto 54 of 775 NE 77th TerPhoto 55 of 775 NE 77th TerPhoto 56 of 775 NE 77th TerPhoto 57 of 775 NE 77th TerPhoto 58 of 775 NE 77th TerPhoto 59 of 775 NE 77th TerPhoto 60 of 775 NE 77th TerPhoto 61 of 775 NE 77th TerPhoto 62 of 775 NE 77th TerPhoto 63 of 775 NE 77th TerPhoto 64 of 775 NE 77th TerPhoto 65 of 775 NE 77th TerPhoto 66 of 775 NE 77th TerPhoto 67 of 775 NE 77th Ter
1 / 67
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-04-10
Removed date—
MLSMiamiMLS #A11991520
Coordinates25.84666, -80.18017
Address775 NE 77th Ter
CityMiami
StateFL
Zip33138
Listing ID5902065002
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33138)

Typical home value (ZHVI)$806,988
Typical rent (ZORI)$2,367/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Acquisition (one-time, not monthly/yearly)
Purchase price$9,500,000
Down payment (20.0%)$1,900,000
Loan amount$7,600,000
Closing costs (5.0%)$475,000
Total cash to close$2,375,000
Income
Rent (comp-derived)$58,500$702,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$702,000
Vacancy rate (assumption) assumption8.0%

$702,000 × 8.0% = $56,160

Effective gross income$53,820$645,840
Operating expenses
Property tax (placeholder 1.9% of price)$15,042$180,500
Insurance (est. scaled by flood & wind risk)$13,933$167,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$2,925$35,100
Total operating expenses$31,900$382,800
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$645,840
Total operating expenses derived$382,800

$645,840 − $382,800 = $263,040

Debt service & reserves
Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$7,600,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$7,600,000 amortized at 6.7% over 30 years = $48,840/mo

CapEx reserve (5.0% of GSR)$2,925$35,100
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$263,040
Annual debt service derived$586,076
Annual CapEx reserve assumption$35,100
Annual PMI assumption$0

($263,040 − $586,076 − $35,100 − $0) ÷ 12 = -$29,845

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$263,040
Purchase price data$9,500,000

$263,040 ÷ $9,500,000 = 2.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$358,136
Total cash to close derived$2,375,000

-$358,136 ÷ $2,375,000 = -15.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$263,040
Annual debt service derived$586,076

$263,040 ÷ $586,076 = 0.45

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$702,000
Purchase price data$9,500,000

($702,000 ÷ 12) ÷ $9,500,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$9,500,000
Gross scheduled rent (annual) comp$702,000

$9,500,000 ÷ $702,000 = 13.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$382,800
Effective gross income derived$645,840

$382,800 ÷ $645,840 = 59.3%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$382,800
Annual debt service derived$586,076
Annual PMI assumption$0
Gross scheduled rent (annual) comp$702,000

($382,800 + $586,076 + $0) ÷ $702,000 = 138.0%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family675,712$65,0002026-07-01—
single_family685,568$58,5002026-04-15—
single_family654,618$14,9002026-04-08—

980 Belle Meade Island Dr

Miami, 33138 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,712
Listed2026-07-01
Days on market—

Asking rent: $65,000

View on Zillow →

707 NE 77th St

Miami, 33138 · rent comp

Bedrooms / bathrooms6 bd / 8 ba
Square footage5,568
Listed2026-04-15
Days on market—

Asking rent: $58,500

View on Zillow →

1400 NE 103rd St

Miami Shores, 33138 · rent comp

Bedrooms / bathrooms6 bd / 5 ba
Square footage4,618
Listed2026-04-08
Days on market—

Asking rent: $14,900

View on Zillow →

Widened to any bedroom count in ZIP. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
1001 NE 86th Stsingle_family332,216$1,640,0002026-09-01
101 NE 63rd Stsingle_family311,128$395,0002026-08-31
870 NE 97th Stsingle_family331,479$1,015,0002026-08-31
1450 NE 102nd Stsingle_family332,534$1,750,0002026-08-31
790 NE 96th Stsingle_family341,419$1,250,0002026-08-31
10570 NE 3rd Avesingle_family332,400$1,520,0002026-08-28
601 NE 105th Stsingle_family322,730$950,0002026-08-26
500 NE 95th Stsingle_family211,462$800,0002026-08-25
830 NE 83rd Stsingle_family321,494$930,0002026-08-25
475 NE 91st Stsingle_family321,920$1,230,0002026-08-21
9805 NE 4th Avenue Rdsingle_family321,217$1,025,0002026-08-21
9301 N Bayshore Drsingle_family454,225$8,000,0002026-08-18
1140 NE 87th Stsingle_family332,123$2,400,0002026-08-14
1031 NE 72nd Stsingle_family322,149$2,250,0002026-08-13
436 NE 88th Stsingle_family522,324$2,050,0002026-08-12
6329 NE 1st Avesingle_family21827$210,0002026-08-12
1106 NE 86th Stsingle_family322,072$1,200,0002026-08-11
360 NE 91st Stsingle_family332,042$1,900,0002026-08-10
454 NE 76th Stsingle_family32970$821,0002026-08-10
10610 NE 11th Avesingle_family221,965$1,485,0002026-08-10
666 NE 62nd Stsingle_family221,210$900,0002026-08-07
619 NE 87th Stsingle_family321,489$667,0002026-08-07
1130 NE 104th Stsingle_family322,046$1,350,0002026-08-05
453 NE 89th Stsingle_family321,690$1,350,0002026-08-04
8250 NE 3rd Ctsingle_family331,647$1,035,0002026-08-03
434 NE 77th Stsingle_family321,346$965,0002026-08-03
390 NE 103rd Stsingle_family542,770$1,690,0002026-07-31
124 NE 96th Stsingle_family324,086$2,625,0002026-07-28
273 NE 98th Stsingle_family342,515$2,550,0002026-07-24
1234 NE 96th Stsingle_family565,812$3,125,0002026-07-24
880 NE 72nd Tersingle_family331,716$1,475,0002026-07-23
861 NE 74th Stsingle_family211,221$1,500,0002026-07-23
1090 NE 92nd Stsingle_family423,227$2,435,0002026-07-22
8250 NE 4th Avesingle_family221,376$500,0002026-07-20
6322 NE 5th Avesingle_family422,161$840,0002026-07-17
1110 NE 100th Stsingle_family432,191$1,680,0002026-07-15
9105 NE 5th Avesingle_family321,894$2,300,0002026-07-14
597 NE 93rd Stsingle_family322,798$2,500,0002026-07-10
115 NE 88th Stsingle_family322,257$1,245,0002026-07-10
9880 NE 9th Avesingle_family331,574$1,075,0002026-07-09
8910 NE 9th Ctsingle_family321,434$1,110,0002026-07-08
860 NE 73rd Stsingle_family321,808$1,450,0002026-07-08
9999 NE 12th Avesingle_family322,905$1,651,0002026-07-07
485 NE 96th Stsingle_family332,866$1,640,0002026-07-07
10643 NE 11th Avesingle_family321,739$1,025,0002026-07-06
8730 NE 8th Ctsingle_family21930$725,0002026-07-02
9357 NE 9th Plsingle_family221,324$1,640,0002026-07-01
745 NE 88th Stsingle_family321,721$800,0002026-06-26
1080 NE 86th Stsingle_family231,496$1,375,0002026-06-26
866 NE 99th Stsingle_family331,907$1,150,0002026-06-26

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
499 NE 64th Stmulti_family662,483$3,000,000—
650 NE 76th Stsingle_family653,107$2,799,000—
1110 NE 84th Stsingle_family67—$3,650,000—
7700 NE 1st Ctsingle_family621,211$615,000—
7101 NE 10th Avesingle_family678,118$24,850,000—
7115 NE 10th Avesingle_family677,392$18,700,000—
7525 NE Miami Ctmulti_family6102,454$920,000—
169 NE 69th Stmulti_family66—$2,200,000—

10-year hold projection

IRR0.0%
Equity multiple1.01x
Total return (10yr)$1,259,753
YearProperty valueNOICash flowLoan balanceEquity
1$9,785,000$263,040-$358,136$7,517,599$2,267,401
2$10,078,550$272,845-$349,208$7,429,540$2,649,010
3$10,380,907$282,992-$339,960$7,335,433$3,045,474
4$10,692,334$293,493-$330,382$7,234,864$3,457,470
5$11,013,104$304,359-$320,461$7,127,389$3,885,715
6$11,343,497$315,603-$310,186$7,012,533$4,330,964
7$11,683,802$327,236-$299,545$6,889,790$4,794,012
8$12,034,316$339,273-$288,526$6,758,618$5,275,697
9$12,395,345$351,726-$277,116$6,618,439$5,776,906
10$12,767,206$364,610-$265,301$6,468,633$6,298,572
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.