Fort Lauderdale Luxury & Waterfront Real Estate Broker | Jarrod Gaylis

690 NW 3rd St

Miami , FL 33128

MLS#: A11187035

$8,300,000

Status: Closed
Listing number: A11187035
Listing provided by: Florida Realty of Miami Corp
Listing agent phone: None
Last update: 3 years ago
On site: 3 years ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1971

Sq.Footage

N/A

CALLING ALL DEVELOPERS! CURRENTLY 4 BUILDINGS/FOLIO'S CURRENT 40 UNITS (BUILD 129 UNITS) OVER 37,000 SQ. FT. OF MIAMI RIVER T6-8R LAND. WITH SUCH A SHORTAGE OF LUXURY RENTAL PROPERTIES THIS IS AN AMAZING OPPORTUNITY! This development opportunity is located in a limited sector of blocks with high density, being able to build 140 units in a building of up to 8 stories high. The parcels are just 1 block from Miami River, 2 blocks away from Downtown Miami; and minutes away from Brickell, Flagler St. with easy access to I95 and Biscayne Blvd, walking distance to the Miami River. 4 FOLIO'S INCLUDED IN SALE: 01-0200-040-1060,01-0200-040-1071,01-0200-040-1070, & 01-0200-040-1080 ( 690 NW 3 ST, 211 NW 7 AVE, 221 NW 7 AVE & 661 NW 2ST MIAMI, FL.)

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Assigned, Common

  • Pool

    No

  • Waterfront YN

    YES

Area & Lot

  • Lot Features

    Waterfront

  • Lot Size(acres)

    1.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $8,300,000

  • Tax Amount

    $28,456

  • Zoning

    4601

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Corporation

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Roger Schaeffler , Florida Realty of Miami Corp

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent David Jean-Louis

AGENT

David Jean-Louis

Call David today to schedule a private showing.

(954) 699-6815

david.jeanlouis7@gmail.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
CALLING ALL DEVELOPERS! CURRENTLY 4 BUILDINGS/FOLIO'S CURRENT 40 UNITS (BUILD 129 UNITS) OVER 37,000 SQ. FT. OF MIAMI RIVER T6-8R LAND. WITH SUCH A SHORTAGE OF LUXURY RENTAL PROPERTIES THIS IS AN AMAZING OPPORTUNITY! This development opportunity is located in a limited sector of blocks with high density, being able to build 140 units in a building of up to 8 stories high. The parcels are just 1 block from Miami River, 2 blocks away from Downtown Miami; and minutes away from Brickell, Flagler St. with easy access to I95 and Biscayne Blvd, walking distance to the Miami River. 4 FOLIO'S INCLUDED IN SALE: 01-0200-040-1060,01-0200-040-1071,01-0200-040-1070, & 01-0200-040-1080 ( 690 NW 3 ST, 211 NW 7 AVE, 221 NW 7 AVE & 661 NW 2ST MIAMI, FL.)

690 NW 3rd St

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Strategically positioned on the northern perimeter of the Coconut Grove Metrorail transit area, this high-visibility asset falls well within the radius qualifying for Transit Station Neighborhood District designation - opening the door to density upside on its current T5-O zoning. The building's first floor is primarily covered parking, with 96% of rentable area concentrated on the second and third floors. Existing short-term leases provide immediate income while preserving flexibility for repositioning. Floor plans, survey, and lease details are available upon request. Projected stabilized cap rate - applying market rents with reasonable assumptions for vacancy, management, maintenance, reserves, and leaseup costs - exceeds 6%.
#A11970621

Miami

2650 SW 27th Ave

None Beds

None Baths

20,335 Sq.Ft.

$8,000,000

MLS#: A11970621

90–116 NE 24th Street presents a rare opportunity to secure scale, density upside, and tax efficiency in the heart of Edgewater—one of Miami’s most capitalized and supply-constrained residential corridors. Located one block west of Biscayne Boulevard between Downtown Miami and the Design District, the ±29,100 SF assemblage sits at the center of Miami’s urban core with immediate access to Wynwood, Midtown, Brickell, Miami Beach, I-95, and SR-395. Zoned T6-8-O under Miami 21, the site supports approximately 100 residential units by right within an 8-story envelope and up to ±181,875 buildable square feet through the Public Benefit program. With most Biscayne Boulevard frontage already developed with high-rise product, infill sites of this scale are increasingly limited. The property also qualifies under Florida’s Live Local Act, offering meaningful density expansion. Ownership has completed a conceptual Live Local podium-and-tower plan for approximately 208 residential units with ground-floor retail, structured parking, and elevated amenities—illustrating a clear development pathway consistent with active Live Local projects in Edgewater. Situated within a federally designated Qualified Opportunity Zone, the offering combines prime location, density upside, and potential OZ tax advantages within a proven institutional submarket attracting sustained capital investment and liquidity.
#A11968669

Miami

90-116 NE 24th St

None Beds

None Baths

N/A

$7,795,000

MLS#: A11968669

Motivated seller has priced for quick sale. Amazing opportunity to own this 100% occupied professional office building right on Flagler St., just 1 mile from 826 expressway. All 22 offices are leased to medical & other professionals like accountants, title companies, real estate brokers, etc. Just passed the 40 year certification, with plenty of covered parking, public restrooms on each floor & many offices have private restrooms, elevator, tiled floors in the lobby and on all the floors throughout the building. Seller is retiring & can't handle the day to day operation, great opportunity.
#A11964941

Miami

None Beds

None Baths

45,783 Sq.Ft.

$7,500,000

MLS#: A11964941

One of the last remaining lots in Brickell.It abuts I-95 and giving great exposure for electric signing.Zoned under city of Miami code for 39 Residential Units/78 Hotel Units.The Miami Dade County Code may allow up to 100 units.This 8,600 square feet lot combined at 1022-1036 SW 3 Ave is strategically positioned in the heart of Brickell.Zoned T6-24-Oa,this property allows for the construction of a 24-story,60,000sqft of mixed-use building. Located just a block and a half from the Mercedes-Benz Condo Development half a block from the Visions Hotel project & two blocks from Smart Brickell this site is surrounded by high-profile developments,ensuring strong demand and long-term value.With Brickell’s continued growth as a hub for luxury living and business.
#A11944112

Miami

1036 SW 3rd Ave

None Beds

None Baths

2,652 Sq.Ft.

$8,340,000

MLS#: A11944112

Fully renovated 24-unit multifamily property located in the heart of Little Havana, Miami, FL. The property underwent a complete structural renovation in 2025, with all work completed with permits, and offers investors a true turnkey opportunity in one of Miami’s most sought-after urban neighborhoods. Little Havana is a dense, high-demand submarket with nearly 300,000 residents within a three-mile radius, making it ideal for multifamily housing serving tenants seeking proximity to employment centers at more affordable rents than Brickell or Downtown. The property is located just minutes from Brickell, South Florida’s premier financial district and a major hub for international banking, finance, dining, and entertainment. This asset benefits from strong rental demand, modern upgrades, low ongoing maintenance requirements, and proximity to major employment and lifestyle drivers, making it well-positioned for stable cash flow and long-term appreciation.
#A11937514

Miami

858 NW 3rd St

None Beds

None Baths

16,606 Sq.Ft.

$7,140,000

MLS#: A11937514

Location, location, location. Excellent commercial space for sale in the heart of the Urban Art District of Wynwood. Across the street from world famous Wynwood Walls, steps from the Museum of Graffiti and surrounded by great restaurants, shops and places of entertainment. A great opportunity with tremendous potential for a developer or an investor looking to establish a footprint in this ever evolving neighborhood
#A11919450

Miami

239 NW 26th St

None Beds

None Baths

4,136 Sq.Ft.

$8,950,000

MLS#: A11919450

Price reduced
LA PREMIERE Realty proudly presents North Central, a prime free-standing building with a drive-thru on a 60,168 SF lot and ±14,040 SF building. Zoned UC-MM | Core, the property offers exceptional mixed-use development potential, allowing 125 units per acre, 15 stories, 325 +/- units as of right, 3–4 floors of parking (no underground required), and commercial retail on the ground floor. The current price per door is approximately $30,000, with significant incentives available under SB-102, reducing the price per door to about $19,500 and allowing an estimated 500 ± units with applicable bonuses. Property highlights include: Clean Phase I Environmental by Dynatech Engineering | Survey less than 3 years old | Completed 40-Year Certification | Brand-new 2024 AC system with warranty |New electrical system |Certified sprinkler systems |76 parking spaces This is a rare, well-positioned development opportunity offering scale, flexibility, and strong long-term value. The property sits at the high-traffic corner of NW 27th Ave and NW 119th St in a dense residential and commercial corridor near major retailers like Marathon, Dollar Tree, Taco Bell, and McDonald's. Nearby amenities include Miami-Dade College North Campus, North Shore Medical Center, Deep End Fitness, and Miami-Opa Locka Executive Airport, with quick access to I-95, FL-924, and the Turnpike. Opa-Locka offers rich Moorish Revival architecture, an active airport, and ongoing CRA-driven redevelopment.
#A11914764

Miami

11920 NW 27th Ave

None Beds

None Baths

14,429 Sq.Ft.

$7,900,000

MLS#: A11914764

Smith Commercial Property Group is pleased to offer for sale this unique Industrial/Flex Warehouse located at 4200-4250 NW 72nd Avenue in Miami, Florida. The subject property consists of +/-v26,904 SF sitting on +/- 43,909 SF lot fronting NW 72nd Ave, a major corridor with over 36,000 vehicles per day. There are currently two stable tenants in place including a Latin Café that has been operating at the property for over 15 years. This is a rare opportunity for an Investor or an Owner/Investor to own an Industrial/Flex property in a prime location with a Commercial Kitchen in place which is in high-demand in South Florida.
#A11893769

Miami

4200 NW 72nd Ave

None Beds

None Baths

26,904 Sq.Ft.

$6,800,000

MLS#: A11893769

Lee & Associates presents an Industrial warehouse with IOS in the thriving Hialeah submarket—a rare opportunity to capitalize on Miami-Dade’s highly constrained IOS market. Situated on a 1.72 acre lot (74,734 SF across two adjacent folios) with an existing ±26,304 SF warehouse, the property features a secured ±34,659 SF front yard area that can be enhanced for outdoor storage, truck parking, or container staging. With industrial zoning that supports storage and logistics uses, the site is well-positioned to meet the strong tenant demand for IOS in this submarket. Investors can unlock additional value by formalizing the outdoor yard with fencing, surfacing, and screening, creating a dual-income play that combines traditional warehouse tenancy with premium IOS land rents.
#A11881235

Miami

None Beds

None Baths

26,304 Sq.Ft.

$6,650,000

MLS#: A11881235

Exceptional IU-1 Industrial/Light Manufacturing land ideally positioned on the west side of NW 137th Avenue, just North of SW 8th Street. This prime parcel offers outstanding visibility and connectivity—located less than 1,000 feet from the 836 Dolphin Expressway, with convenient access to the Florida Turnpike and the Kendall Parkway expansion. The property is currently serviced by well water and septic, with municipal utilities nearby. The adjacent parcel to the north has already connected to county water and sewer, making future connections more efficient. Municipal water is scheduled for installation in 2025–2026, further enhancing long-term value and development potential.
#A11862382

Miami

220 NW 137th Ave

None Beds

None Baths

N/A

$8,400,000

MLS#: A11862382

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service