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$10,000,000
2 Days On Site

690 NW 3rd St
Miami, FL 33128

For Sale|Multi Family|Active
0
Beds
0
Total Baths
29,039
SqFt
$344
/SqFt
1971
Built
County:
Miami-Dade

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690 NW 3rd St690 NW 3rd St690 NW 3rd St690 NW 3rd St
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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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Listing Snapshot
Price 
$10,000,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
29,039 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.0327 Acres
Year Built 
1971
MLS® Number 
A12090154
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
29039
Water Source 
Public
Zoning 
4601
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Community Features
MLS Area 
41
Financing Terms Available 
CashConventional
Listing courtesy of Eleventrust LLC

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Neighborhood & Commute
Source: Walkscore
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