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.
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33128
- Street:
- 690 Nw 3rd St, Miami, Florida 33128
- Longitude:
- W81° 47' 38.5''
- Latitude:
- N25° 46' 35''
- Building Area:
- 29,039 Sqft
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 01-02-00-040-1060
- Structure Type:
- Apartment, Multi Family
- Virtual Tour:
- Click Here
Commercial Sale For Sale
690 Nw 3rd St, Miami, Florida 33128, Miami, Florida 33128
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $10,000,000
- Year Built :
- 1971
- Lot Area :
- 44,986 Sqft
- MLS # :
- A12090154
