About 690 Nw 3rd Street
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.
Features of 690 Nw 3rd Street
| MLS® # | A12090154 |
|---|---|
| USD | $10,000,000 |
| CAD | $14,072,100 |
| CNY | 元66,984,000 |
| EUR | €8,747,510 |
| GBP | £7,504,960 |
| RUB | ₽842,423,000 |
| Acres | 1.03 |
| Year Built | 1971 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | New |
| HOPA | No Hopa |
Community Information
| Address | 690 Nw 3rd Street |
|---|---|
| Area | 2410 |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33128 |
Amenities
| Guest House | No |
|---|
Additional Information
| Date Listed | September 16th, 2026 |
|---|---|
| Days on Market | 6 |
| Zoning | 4601 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 0102000401060 |
Listing Details
| Office | Eleventrust LLC |
|---|---|
| fermoselledavid@gmail.com |
