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+3 photosLuxury condo — 500 77th Street 2 · Horseshoe Condominium · Miami Beach
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Open property magazine$249,900
500 77th Street 2, Miami Beach, FL 33141
Miami Beach, FL, 33141
1 bd · 1 ba · 738 sqft
Listed by United Realty Group Inc
500 77th Street 2, Miami Beach, FL 33141
Listed by United Realty Group Inc
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Estimated monthly payment
$1,964/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $1,964/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesWelcome 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.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
179 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Building health
- Building
- HORSESHOE CONDOMINIUM· MLS
- Year built
- 1950· MLS
- Stories
- 2· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- Yes, Pet Restrictions Possible· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $350 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details
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Your costs (est.)
≈ $1,964/mo
500 77th Street 2, Miami Beach, FL 33141 · Miami Beach
Location
500 77th Street 2, Miami Beach, FL 33141
What buyers ask about this home
What are the estimated monthly carrying costs at 500 77th Street 2, Miami Beach, FL 33141?+
Property tax (after sale): $317/month est.; homeowners insurance: $0/month est.; HOA: $350/month. Fixed ownership costs before a mortgage: $667/month est. Principal and interest: $1,297/month; PMI: $0/month. Total for the payment scenario shown: $1,964/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 500 77th Street 2, Miami Beach, FL 33141?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 500 77th Street 2, Miami Beach, FL 33141 need flood insurance, and what drives the premium?+
Most of Miami Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 500 77th Street 2, Miami Beach, FL 33141?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 500 77th Street 2, Miami Beach, FL 33141 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Miami Beach luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 500 77th Street 2, Miami Beach, FL 33141?+
This listing has been on the market 179 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami Beach. Beachside neighborhoods with local dining, Lincoln Road shopping and connections across the causeways to Miami.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Biscayne Beach Elementary School
Elementary · 0.2 mi from this home · 800 77Th St, Miami Beach
Miami Beach Nautilus Middle School
Middle school · 3.3 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 4.4 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$249,900 · MLS A12021117
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