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.

📅 View days on the market

Days on the market

690 NW 3rd Street, Miami, FL 33128

Price
Price:
$10,000,000.00
Original List Price:
$10,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$344.36
Lease Details
Tenant Pays:
Electricity, Interior Electric
Property Status and Type
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
Measures
Built-Up Area:
0.67 Acre
Lot Area:
44,986 Sqft
Lot Size Acres:
1.03
Construction
Year Built:
1971
Number of Buildings:
5
Number of Units Total:
6
Flood Zone Code:
AE
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
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
Listing History
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
Additional Information
Courtesy of:
Eleventrust LLC
Attribution:
Not provided
Location
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
Property Map

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $36,308
Median Home Value N/A
Median Rent $1,316/mo
Median Age 44
Population 9,018

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 30 Good
🫁 PM2.5 50 Good
Ver la Propiedad Ver la propiedad 690 NW 3rd Street, Miami, FL 33128
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.