690 Nw 3rd St, Miami, Florida 33128
- $10,000,000
Overview
- Multi Family, Commercial Sale
- 29039 Sqft
- 1971
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
Open on Google Maps-
Address: 690 NW 3rd St
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City: Miami
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State/county: FL
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Zip/Postal Code: 33128
Details
Updated on September 16, 2026 at 1:56 pm-
Property ID MSA12090154
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Price $10,000,000
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Property Size 29039 Sqft
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Garage Size x x
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Year Built 1971
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Property Type Multi Family, Commercial Sale
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Property Status Active
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MLS# A12090154
Additional details
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Listing Terms Cash, Conventional
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Sewer Public Sewer
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County Miami-Dade
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Property Type Commercial Sale
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