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690 NW 3rd St, Miami FL 33128

Commercial Recently Sold
$7,550,000

BTC: 117.23602484

ETH: 3,968.17054198

Sold on: 2022-08-17
64 days
Waterfront
0 room(s)

Overview

CALLING ALL DEVELOPERS! CURRENTLY 4 BUILDINGS/FOLIO'S CURRENT 40 UNITS (BUILD 129 UNITS) OVER 37,000 SQ. FT. OF MIAMI RIVER T6-8R LAND. WITH SUCH A SHORTAGE OF LUXURY RENTAL PROPERTIES THIS IS AN AMAZING OPPORTUNITY! This development opportunity is located in a limited sector of blocks with high density, being able to build 140 units in a building of up to 8 stories high. The parcels are just 1 block from Miami River, 2 blocks away from Downtown Miami; and minutes away from Brickell, Flagler St. with easy access to I95 and Biscayne Blvd, walking distance to the Miami River. 4 FOLIO'S INCLUDED IN SALE: 01-0200-040-1060,01-0200-040-1071,01-0200-040-1070, & 01-0200-040-1080 ( 690 NW 3 ST, 211 NW 7 AVE, 221 NW 7 AVE & 661 NW 2ST MIAMI, FL.)

Location

Florida • Miami • 33128 • Commercial • Recently Sold • Waterfront

Details

Type:
Commercial Sale
Parking:
Assigned / Common
Year Built:
1971
Lot:
1.00 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $712K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$28,456
Waterfront
River
All facts and features

  • Flooring

    • Tile

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • Assigned

    • Common

    Lot

    • Lot: 1.00 Acres

    Other Property Information

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

    • Zoning: 4601

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $28,456

  • Source details

    • MLS ID: A11187035

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: City Location

    • Waterfront: Yes

    • 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.

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Market around this address

Live counts in the same area.
View all
This zip
33128
84
median $584K
Active
Same city
Miami
12,325
median $637K
Active
Same type
Commercial
1,211
median $1.2M
Active
Similar price
$5.8M – $10.8M
319
median $7.5M
Active

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: Florida Realty of Miami Corp