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Buildings/Miami/NEO VERTIKA BRICKELL

Premium

NEO VERTIKA BRICKELL

NEO VERTIKA CONDO

690 SW 1st Ct, Miami 33130

★ 4.3

2006

Year Built

443

Units

CI Score

Strong

For Sale

$440K

Avg Price

$463

Sale $/SF

For Rent

$2,825

Avg Rent

$4.02

Rent $/SF

-3.1%

YoY

For Sale

For Rent

Investor-Owned

76%

Avg HOA

$1,178/mo

Neo Vertika Brickell is a 443-unit residential building located in the heart of Brickell, Miami's financial and lifestyle district. Built in 2006, the building offers studio and one-bedroom units ranging from 602 to 1,337 square feet, catering to urban professionals and investors. With an average price point of $463/SF and rental rates around $3,302/month, it provides accessible options in one of Miami's most vibrant neighborhoods.

Building Details

Address

690 SW 1st Ct, Miami, 33130

Neighborhood

Miami

Year Built

2006

Total Units

443

Avg Unit Sqft

893 SF

Tier

Premium

Avg $/SF

$463.44

Avg Rent

$2,825/mo

Rent $/SF

$4.02/SF

HOA Range

$889 – $1,660

Google Rating

4.3 (125 reviews)

Neighborhood Rank

Top 12%

Avg Unit Value

$352K

Total Sales (All-Time)

1,341

Phone

(786) 623-2250

Amenities

PoolFitness CenterLobbyElevatorParking GarageSecurity

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)7.3%

YoY Appreciation-3.1%

Total Yield72.2%

Market Data

Sale Price Trend ($/SF)

$454

+14.9%

Rental Price Trend ($/SF)

$3.96

+1.0%

Building Activity

Days on Market

days

Normal pace

Months of Inventory

12.0

months

Buyer's market

Sale-to-List Ratio

96.6%

Fair negotiation

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Moderate activity

Sales & Listings

Active Listings

For Sale (6)

$350K

0 bd1 ba638 sf

$389K

Unit 1213

1 bd2 ba795 sf

$489/SF170 DOM

$394K

Unit 1517

1 bd2 ba795 sf

$496/SF79 DOM

$399K

1 bd2 ba795 sf

$415K

Unit 501

0 bd1 ba727 sf

$571/SF3 DOM

$430K

1 bd2 ba795 sf

For Rent (6)

$2K

Unit 1128

0 bd1 ba638 sf

$4/SF

$2K

Unit 2330

0 bd1 ba638 sf

$4/SF7 DOM

$2K

Unit 1434

0 bd1 ba602 sf

$4/SF23 DOM

$3K

Unit 1021

1 bd1 ba638 sf

$4/SF9 DOM

$3K

Unit 2126

1 bd1 ba638 sf

$4/SF2 DOM

$3K

Unit 1226

1 bd1 ba638 sf

$4/SF17 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Dec 19, 2025	$570K	$454.18	2/2	1,255
Dec 15, 2025	$365K	$432.98	1/2	843
Dec 4, 2025	$400K	$503.14	1/2	795
Nov 10, 2025	$315K	$493.73	—/1	638
Oct 31, 2025	$480K

Units & Ownership

Total Units

443

Avg Sqft

893 SF

Avg Assessed

$316K

Owner-Occupied

24%

Tax & Ownership

Investor-Owned

76%

Owner-Occupied

24%

Avg Assessed Value

$316K

Avg Taxable Value

$303K

Effective Year Built

2006

Zoning

6600

Unit Mix

Studio441

Avg 893 SF

1 BR1

Avg 638 SF

Unknown1

Unit Directory

Showing 10 of 443 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
303	0	1	639	$252K	—	$215K	$336	Apr 2017
305	0	1	639	$252K	—	$455K	$712	Oct 2023
307	0	1	639	$252K	—	$65K	$102	Jun 2023
403	0	1	639	$254K	—	$245K	$383	Nov 2014
405	0	1	639	$254K	—	$250K	$391	Nov 2016
407	0	1	639	$254K	—	$256K	$400	Apr 2013
501	0	1	727	$285K	—	$385K	$530	Mar 2023
502	0	1	727	$123K	✓	$200K	$275	Jun 2006
503	0	1	639	$256K	—	$389K	$609	Mar 2022

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NEO VERTIKA BRICKELL

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

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