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.
Property Details
Price:
$10,000,000
MLS #:
A12090154
Status:
Active
Beds:
0
Baths:
0
Address:
690 NW 3rd St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Sep 16, 2026
State:
FL
Total Sq Ft:
29,039
ZIP:
33128
Year Built:
1971
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- Address690 NW 3rd St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33128
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690 NW 3rd St
Miami, FL
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