Property Description

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
Sewer
Address Map
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''
MLS Addon
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
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Commercial Sale For Sale

690 Nw 3rd St, Miami, Florida 33128, Miami, Florida 33128

44,986 Sqft
$10,000,000
MLS # #A12090154
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$10,000,000
Year Built :
1971
Lot Area :
44,986 Sqft
MLS # :
A12090154
Agent info
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