690 Nw 3rd St, Miami, Florida 33128
  • $10,000,000

Overview

Property ID: MSA12090154
  • Multi Family, Commercial Sale
  • Property Type
  • 29039 Sqft
  • Area Size
  • 1971
  • Year Built

Description

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.

  • Address: 690 NW 3rd St
  • City: Miami
  • State/county: FL
  • Zip/Postal Code: 33128

Details

Updated on September 16, 2026 at 1:56 pm
  • Property ID MSA12090154
  • Price $10,000,000
  • Property Size 29039 Sqft
  • Garage Size x x
  • Year Built 1971
  • Property Type Multi Family, Commercial Sale
  • Property Status Active
  • MLS# A12090154

Additional details

  • Listing Terms Cash, Conventional
  • Sewer Public Sewer
  • County Miami-Dade
  • Property Type Commercial Sale

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Montesol Realty Inc

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