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Multifamily Residential
$10,000,000
690 NW 3rd St Miami, FL

A12090154

127 of 133 for Sale
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an agent
  • Listed On:

    Sep 16, 2026
  • Days on Market:

    18
  • Year:

    1971
  • Taxes:

    n/a
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

690 NW 3rd St Miami, FL 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.

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For Sale Details

  • Net Operating Income

    524944

  • Photo Count

    6

  • Property Type

    Commercial Sale

  • SqFt Total

    44986

  • Terms Considered

    All Cash, Conventional/Refinance

  • Year Built

    1971

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