Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

690 NW 3rd St, Miami FL 33128

Commercial For Sale
$10,000,000

BTC: 131.57894737

ETH: 4,000.00000000

New
0 room(s)

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1971
Lot:
44986 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $545K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.
All facts and features
  • Lot

    • Lot: 44986 Square Feet

    Other Property Information

    • Parcel Number: 01-02-00-040-1060

    • Zoning: 4601

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Source details

    • MLS ID: A12090154

    Other facts

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

New
For Sale
$7,900,000
Penthouse
5 bds · 7 ba · 6,902 sqft
BRICKELLHOUSE CONDO, Miami
1300 Brickell Bay Dr, Miami FL 33131
New
For Sale
$13,000,000
Commercial
0 room(s)
Miami
105, 111, 119 NE 21 Street, Miami FL 33137
For Sale
$7,395,000
Condo/Co-op
4 bds · 5 ba · 4,654 sqft
ONE THOUSAND MUSEUM CONDO,ONE THOUSAND MUSEUM, Miami
1000 Biscayne Blvd # 3402, Miami FL 33132
For Sale
$8,495,000
Commercial
0 room(s)
Miami
1871 NW North River Dr, Miami FL 33125
For Sale
$7,800,000
Commercial
0 room(s)
CITY OF MIAMI SOUTH, Miami
529 W Flagler St, Miami FL 33130
For Sale
$11,000,000
Commercial
0 room(s)
Miami
2189 NW 20, Miami FL 33142
For Sale
$10,000,000
Penthouse
5 bds · 5 ba · 4,725 sqft
UNA Residences, Miami
175 SE 25 Road, Miami FL 33129
-$120K
For Sale
$11,240,000
Condo/Co-op
6 bds · 6 ba · 8,400 sqft
ONE THOUSAND MUSEUM CONDO,1000 Museum, Miami
1000 Biscayne Blvd # 1201, Miami FL 33132

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Eleventrust LLC