This Multifamily Property is no longer advertised on LoopNet.com.

690 NW 3rd St
Miami, FL 33128
Multifamily Property For Sale · 47 Units

Investment Highlights

  • Income Potential: Currently generating over $850K in income, with the potential to exceed $1M by adjusting rents to market rates. Redevelopment Opport
  • Redevelopment Opportunity: This is a perfect covered land play for future redevelopment in a rapidly growing area.

Property Facts

No. Units 47
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.03 AC
Building Size 13,620 SF
Average Occupancy 100%
No. Stories 3
Year Built 1971
Parking Ratio 1.25/1,000 SF
Zoning T68O - T68-O Zoning allows to build 155 Units by Right

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 21 $1,000 300
1+1 7 $1,500 500
2+1 15 $200.00 855
3+1 1 $1,800 1,500
4+2 2 $3,000 1,700
5+4 1 $3,000 2,200

Property Taxes

Property Taxes

Parcel Number
01-0200-040-1060
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,992,000
  • Listing ID: 33564966

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 690 NW 3rd St, Miami, FL 33128

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