Property 690 NW 3rd Street, Miami, FL 33128 for sale with MLS# A12090154
PRIME MIAMI RIVER ASSEMBLAGE | 45,000+ SF | T6-8 ZONING | COVERED LAND PLAY >>> Unrivaled urban development opportunity steps from the Miami River district! Presented by Eleventrust, this strategic assemblage combines 5 contiguous parcels totaling 45,000+ SF of prime land in a top growth corridor. === COVERED LAND PLAY WITH IMMEDIATE UPSIDE: Features 47 residential units with a diverse unit mix, offering steady income while plans are finalized. Existing operations hold immense upside, with potential gross revenue exceeding $1,000,000+ by adjusting below-market rents to active market rates. === REDEVELOPMENT POTENTIAL: Zoned T-6-8 under Miami 21, this site is ideal for high-density multi-family, hotel, or mixed-use projects. Positioned in the path of growth with seamless connectivity to Brickell, Downtown, and the Health District. === KEY HIGHLIGHTS: [1] Site Area: 45,000+ SF (5 Parcels) [2] Zoning: T-6-8 (Miami 21 Core) [3] Income Upside: Potential exceeding $1M Gross Income by aligning rents to market [4] Strategy: Covered land play in a rapidly appreciating submarket.
690 NW 3rd Street, Miami, FL 33128
- Price:
- $10,000,000.00
- Original List Price:
- $10,000,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $344.36
- Tenant Pays:
- Electricity, Interior Electric
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- September 16, 2026 4:00 am
- Built-Up Area:
- 0.67 Acre
- Lot Area:
- 44,986 Sqft
- Lot Size Acres:
- 1.03
- Year Built:
- 1971
- Number of Buildings:
- 5
- Number of Units Total:
- 6
- Flood Zone Code:
- AE
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- CITY OF MIAMI SOUTH PB B-41 LOTS 8 & 9 BLK 4 LOT SIZE IRREGULAR OR 18895-4849 1299 1
- Real Estate Folio Number (Parcel Number):
- 0102000401060
- Zoning:
- 4601
- Active on the market since:
- September 16, 2026
- Listing Agreement executed on:
- September 16, 2026
- Listing Status Last Changed On:
- September 16, 2026 4:00 am
- Photos updated on:
- September 16, 2026 7:03 pm
- Last Modified:
- September 16, 2026 7:03 pm
- Courtesy of:
- Eleventrust LLC
- Attribution:
- Not provided
- Street Name:
- 3rd
- Street Number:
- 690
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33128
- County:
- Miami-Dade
- Latitude:
- N25° 46' 35.1''
- Longitude:
- W81° 47' 38.7''
- Street Suffix:
- Street
- Street Direction Prefix:
- NW

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Neighborhood Stats
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