690 SW 1st Ct · Miami, FL 33130 · Downtown

Neo Vertika

36-story tower, completed 2006, 442 residences in Downtown. 17 for sale and 21 for rent on Nov 2, 2026.

Tell me your unit and I'll prepare its value myself, from Neo Vertika's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

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When a unit at Neo Vertika lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

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At a glance Neo Vertika (690 SW 1st Ct, Downtown) is a 36-story, 442-unit building completed in 2006. As of Nov 2, 2026, 17 units are for sale and 21 are for rent; the median closed price was $493 per square foot over 16 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

6 photos from my condo archive

For sale
17
For rent
21
Median $/SF
$49316 sales · 12 mo
Sold
16last 12 months
Built
2006
Floors
36
Residences
442county
Flood zone
AEFEMA
Owner-occupied
41%
Avg. unit
893sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Neo Vertika.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

For sale 17 listings · Nov 2, 2026

Unit 3814$1,280,000$1,165/SF2 bd · 2 ba · 1,099 sf51 days listed · $1,462/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit 2114$1,190,000$1,083/SF2 bd · 2 ba · 1,099 sf51 days listed · $1,278/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit 1214$1,140,000$1,037/SF2 bd · 2 ba · 1,099 sf51 days listed · $1,278/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit 1501$1,080,000$1,119/SF2 bd · 2 ba · 965 sf51 days listed · $1,112/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit 1712$1,070,000$1,112/SF2 bd · 2 ba · 962 sf51 days listed · $1,165/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit 2006$890,000$1,624/SF1 bd · 1 ba · 548 sf51 days listed · $657/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit 1608$860,000$1,569/SF1 bd · 1 ba · 548 sf51 days listed · $650/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit 1402$780,000$1,073/SF1 bd · 1 ba · 727 sf51 days listed · $814/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit PHI10$729,999$582/SF2 bd · 2 ba · 1,255 sf167 days listed · $1,532/mo HOA · listed by Elite Ocean View Realty LLCFull listing →Unit 501$415,000$571/SF0 bd · 1 ba · 727 sflisted today · $889/mo HOA · listed by SerhantFull listing →Unit 1504$415,000$522/SF1 bd · 1.5 ba · 795 sf196 days listed · $969/mo HOA · listed by Swann Realty Partners, LLC.Full listing →Unit 1908$398,500$501/SF1 bd · 1.5 ba · 795 sf27 days listed · $968/mo HOA · listed by Property Matchmakers CorpFull listing →Unit 1919$390,000$491/SF1 bd · 1.5 ba · 795 sflisted today · $969/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit 1212$375,000$472/SF0 bd · 1.5 ba · 795 sflisted today · $815/mo HOA · listed by WERC Realty, LLCFull listing →Unit 2025$334,999$525/SF0 bd · 1 ba · 638 sflisted today · $778/mo HOA · listed by Douglas EllimanFull listing →Unit 1828$324,990$509/SF1 bd · 1 ba · 638 sflisted today · $778/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit 1227$315,000$523/SF0 bd · 1 ba · 602 sf508 days listed · $750/mo HOA · listed by Sky Avenue RealtyFull listing →

For rent 21 listings · Nov 2, 2026

Unit 3124$4,500/mo$3.59/SF2 bd · 2 ba · 1,255 sf28 days listed · listed by Luxe PropertiesFull listing →Unit 2134$4,500/mo$3.90/SF3 bd · 2 ba · 1,155 sf220 days listed · listed by Sterling Equity Realty LLCFull listing →Unit 2922$4,100/mo$3.27/SF2 bd · 2 ba · 1,255 sf6 days listed · listed by Araceli Villanueva PAFull listing →Unit 2115$4,000/mo$3.59/SF2 bd · 2.5 ba · 1,113 sf21 days listed · listed by One Sotheby's International RealtyFull listing →Unit 3118$3,800/mo$3.03/SF2 bd · 2 ba · 1,255 sf1 day listed · listed by Ancona Real Estate IncFull listing →Unit 2322$3,600/mo$3.23/SF2 bd · 2.5 ba · 1,113 sf46 days listed · listed by Miami Realty Solution GroupFull listing →Unit 602$3,000/mo$4.13/SF1 bd · 1 ba · 727 sf48 days listed · listed by The Brokerage A Real Estate CompanyFull listing →Unit 501$2,990/mo$4.11/SF0 bd · 1 ba · 727 sf35 days listed · listed by SerhantFull listing →Unit 1514$2,850/mo$3.58/SF0 bd · 1.5 ba · 795 sf15 days listed · listed by UrbanlinQFull listing →Unit 1007$2,850/mo$3.58/SF1 bd · 1.5 ba · 795 sf1 day listed · listed by One Sotheby's International RealtyFull listing →Unit 305$2,845/mo$4.45/SF1 bd · 1 ba · 639 sf15 days listed · listed by Coldwell Banker RealtyFull listing →Unit 1703$2,800/mo$3.52/SF1 bd · 1.5 ba · 795 sf6 days listed · listed by C & C Realty Group Inc.Full listing →Unit 2323$2,750/mo$4.31/SF1 bd · 1 ba · 638 sflisted today · listed by The Keyes CompanyFull listing →Unit 1220$2,700/mo$3.40/SF1 bd · 1.5 ba · 795 sf89 days listed · listed by Lakeview Properties Realty IncFull listing →Unit 1528$2,700/mo$4.23/SF1 bd · 1 ba · 638 sf84 days listed · listed by Real Estate Sales ForceFull listing →Unit 1623$2,675/mo$4.19/SF1 bd · 1 ba · 638 sf26 days listed · listed by Luxe Listings LLCFull listing →Unit 1721$2,550/mo$4.00/SF1 bd · 1 ba · 638 sflisted today · listed by BBM Realty LLCFull listing →Unit 2723$2,550/mo$4.00/SF0 bd · 1 ba · 638 sf31 days listed · listed by Midtown Realty InternationalFull listing →Unit 1132$2,500/mo$3.92/SF1 bd · 1 ba · 638 sf56 days listed · listed by EXP Realty LLCFull listing →Unit 1923$2,500/mo$3.92/SF1 bd · 1 ba · 638 sf89 days listed · listed by London Foster RealtyFull listing →Unit 2325$2,400/mo$3.76/SF1 bd · 1 ba · 638 sf10 days listed · listed by Serrano & Associates Real Estate, LLCFull listing →

Under contract 5

  • Unit 3901$1,210,000 · 2 bd
  • Unit 3406$930,000 · 1 bd
  • Unit 4010$850,000 · 1 bd
  • Unit 2810$790,000 · 1 bd
  • Unit 2319$540,000 · 2 bd

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33130

Neo Vertika, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

282 units seen · MLS via Bridge IDX · as of Nov 2, 2026
  • For sale 16
  • Under contract 4
  • For rent 20
  • Sold or leased, last 12 months 70
  • Seen in the MLS before that 172
  • No MLS record seen 927
01020305070911131517192123252730343912520151050103060810121416182022242732391252015105

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen282of 442 residences on record
Floors with units26floors 1 to 39
Lines31stacks of units, by number

Closed $/SF by height sales in the 24 months to Nov 2, 2026

Upper floorsfloors 25 to 39$474/SF · 13 sales
Middle floorsfloors 14 to 23$494/SF · 13 sales
Lower floorsfloors 1 to 12$502/SF · 8 sales

Closed $/SF figures use the 34 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

Line 13 closed highest per square foot: a median $499/SF over 4 sales in 24 months. The largest typical unit is line 02, a median 1,311 sf over 8 units seen, recorded with 2 bedrooms.

The lines what the MLS record holds for each stack of units
LineUnits seenTypical sizeBedsOn the marketClosed $/SF · 24 mo
Line 01101,284 sf231 sale, too few
Line 0281,311 sf222 sales, too few
Line 039795 sf111 sale, too few
Line 047795 sf11–
Line 0511795 sf112 sales, too few
Line 0611795 sf121 sale, too few
Line 078819 sf111 sale, too few
Line 086795 sf12–
Line 095795 sf1–2 sales, too few
Line 10111,113 sf21$430 3 sales
Line 119795 sf1–1 sale, too few
Line 1271,113 sf22–
Line 138795 sf1–$499 4 sales
Line 1491,099 sf241 sale, too few
Line 159795 sf111 sale, too few
Line 1681,113 sf2–1 sale, too few
Line 1710954 sf1–$428 3 sales
Line 1810954 sf211 sale, too few
Line 196954 sf22–
Line 208954 sf11–
Line 2113638 sf11–
Line 2291,113 sf221 sale, too few
Line 2311638 sf142 sales, too few
Line 2491,113 sf21–
Line 2511638 sf12–
Line 2610638 sf1–1 sale, too few
Line 2713602 sfStudio1–
Line 2810638 sf12–
Line 308638 sfStudio––
Line 3210638 sf11$494 3 sales
Line 348602 sfStudio12 sales, too few

39 units in the record sit outside this grid (4010, Ph2-21, PH2-24, PHI 09, PHI-01, PHI-10, PHI04, PHI06, …): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on Neo Vertika.

Activity as of Nov 2, 2026
  • Resale +63%. The median closed price moved from $294/SF in 2019 (6 sales) to $479/SF in 2026 (12 sales), the first and last years with three or more recorded sales.
  • Gross rental yield 8.8%. A year of rent at the median $3.61/SF/mo (80 leases) against the median $493/SF sale (16 sales), both over 12 months, before HOA, taxes and vacancy.
  • Asks run +18% against closings. Sellers ask a median $582/SF (17 listings) against $493/SF closed (16 sales, 12 months). That gap is negotiation room. Bring the comps.
  • Sells in a median 63 days. Days on market across the 16 sales closed in the last 12 months.
  • A renters' building. Leases outnumbered sales 5 to 1 over the last 12 months (81 leases, 16 sales), at a median $2,900 a month.

Where it ranks citywide, condo buildings in 17 Miami neighborhoods

  • #50 of 360 · closest to asking price96.2% of asking, median · n 39 · Oct 2024 to Sep 2026
  • #85 of 384 · highest gross rent yield9.12% gross rent yield, before HOA, taxes and vacancy · n 48 · Oct 2024 to Sep 2026

See the full rankings · How rankings are made

Read the full record 4 paragraphs and 16 facts, every figure from the MLS and county record

Neo Vertika rises 36 floors at 690 SW 1st Ct in Downtown and was completed in 2006. County folio records count 442 residences plus nine commercial units, averaging 893 SF of living area. The architect of record is Revuelta Vega Leon. The condo archive records it as waterfront (river).

17 units were for sale on November 2, 2026, asking $315K to $1.3M (median ask $582/SF across 17 listings). Five more were under contract. 16 sales closed between November 2, 2025 and November 2, 2026, from $315K to $700K, a median $493/SF, after a median 63 days on the market. In the 12 months before that, 25 sales closed at a median $494/SF, essentially the same level. Across 180 recorded sales since 2019, the best year by median price per square foot was 2023, at $526 over 24 sales. That 12-month median ranks 29th of the 47 Downtown buildings with at least three sales in the same window. Two-bedrooms made up 19 of the 41 sales in the last 24 months, at a median $500,000.

21 units were offered for rent at $2,400 to $4,500 a month. 81 leases were signed over the same 12 months, at a median $2,900 a month (range $2,300 to $5,500). Leases outnumbered sales 5 to 1 over that year, so renters are a large share of who lives here.

County records show 41% of residences as owner-occupied. Association rules on file: pets yes (owners only); no short-term rentals; minimum lease 6 months; up to two leases a year. The association is managed by Miami Management, Inc. I have six of its association documents on file, including the Declaration of Condominium and the SIRS.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
690 SW 1st Ct, Miami 33130
Neighborhood
Downtown
Architect
Revuelta Vega Leon
Management
Miami Management, Inc
Front desk / mgmt
(786) 623-2250
Year built
2006
Floors
36
Residences (county-verified)
442
Commercial units
9
Owner-occupied
41% of residences
Avg. unit size
893 sq ft
Total living area
394,508 sq ft
County condo folios
451
Waterfront
Yes / River
Recorded MLS listings
788
Also recorded as
690 SW 1st St Ct
690 1st Ct

The numbers at Neo Vertika.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$263$526$2942019$3142020$3652021$4842022$5262023$5242024$4942025$4792026$263$526$294'19'20$365'21'22$526'23'24'25$479'26
Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)12$47967$2,900/mo
202529$49486$2,900/mo
202423$52478$2,925/mo
202324$52690$3,000/mo
202219$48472$3,000/mo
202146$36580$2,300/mo
202021$31469$1,950/mo
20196$29412$2,075/mo

Closed $/SF by unit size

Median $/SF of the sales in the 12 months to Nov 2, 2026, with the count beside each bar.

Studio$430/SF · 1 sale*
1 bedroom$498/SF · 8 sales
2 bedrooms$449/SF · 6 sales
3+ bedrooms$524/SF · 1 sale*

* Pale bars: fewer than three sales, so the bar is the sale itself or the average of two, too few for a median.

Medians need three or more sales. How these numbers are made

Own here? See how the building moved since you bought.

Median closed $/SF in 2019: $294 (6 sales). In the last 12 months: $493 (16 sales). Change: +68%.

This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.

Get your unit's value →
Show all closings 180 sales · 554 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 41

UnitBDBASFAskedClosed$/SFClose dateDOM
PHII12221,255$699,999$685,000$546Oct 29, 202614
250711.5843$430,000$415,000$492Oct 13, 202627
193411602$330,999$320,000$532Oct 2, 2026116
212222.51,113$495,000$470,000$422Sep 30, 202641
2101321,337$725,000$700,000$524Jul 29, 2026171
191311.5795$425,000$425,000$535Jul 28, 202628
170911.5795$419,999$410,000$516Jun 12, 202643
251522.51,113$450,000$440,000$395Jun 3, 2026230
3110021,255$550,000$540,000$430May 13, 202698
121311.5795$389,000$370,000$465Apr 13, 2026170
151711.5795$394,000$340,000$428Apr 7, 202679
271022.51,113$549,000$495,000$445Mar 12, 2026149
PHII 19221,255$595,000$570,000$454Dec 19, 202546
100611.5795$410,000$400,000$503Dec 4, 2025169
3114221,255$699,000$675,000$538Nov 26, 202537
203211638$324,900$315,000$494Nov 10, 20257
PHII0411.5891$499,000$480,000$539Oct 31, 202587
100511.5795$420,000$410,000$516Oct 1, 202548
172301638$315,000$315,000$494Sep 29, 20250
112301638$315,000$300,000$470Sep 22, 202529
113211638$325,000$315,000$494Sep 12, 2025228
3116221,255$719,000$675,000$538Aug 18, 202523
271722.51,113$495,000$475,000$427Jul 30, 20257
3117221,255$615,000$580,000$462Jul 25, 2025133
210922.51,113$530,000$500,000$449Jul 17, 202548
PHII22221,255$509,990$460,000$367Jun 23, 2025103
231022.51,113$495,000$440,000$395Jun 20, 2025238
120511.5795$409,000$399,000$502Jun 20, 202594
PHI13221,255$650,000$640,000$510Jun 16, 2025111
2918221,255$525,000$500,000$398Apr 29, 2025259

The 30 most recent of 41. All 180 recorded sales open in the interactive table.

Leases signed Nov 2, 2025 to Nov 2, 2026 · 81

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
100511.5795$3,200/mo$3,100/mo$3.90Oct 25, 202613
PHI20321,255$3,800/mo$3,900/mo$3.11Oct 23, 202685
122111638$2,849/mo$2,849/mo$4.47Oct 16, 202651
231822.51,113$3,800/mo$3,700/mo$3.32Oct 15, 202621
3115021,255$3,500/mo$3,400/mo$2.71Oct 9, 202668
121311.5795$2,700/mo$2,650/mo$3.33Oct 1, 202680
150611.5795$3,350/mo$3,200/mo$4.03Oct 1, 202657
212432.51,113$4,200/mo$4,100/mo$3.68Sep 30, 202665
PHI12221,255$4,200/mo$4,100/mo$3.27Sep 15, 202655
PHII17221,255$4,500/mo$4,300/mo$3.43Sep 15, 2026115
101911.5795$3,000/mo$2,900/mo$3.65Sep 11, 202648
121021.5795$3,000/mo$2,950/mo$3.71Sep 1, 202611
2702221,337$5,500/mo$5,500/mo$4.11Aug 28, 20269
151611.5795$2,950/mo$3,000/mo$3.77Aug 27, 202633
230611.5868$3,200/mo$3,200/mo$3.69Aug 21, 20267

The 15 most recent of 81.

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Neo Vertika.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

Rules · verified

What Neo Vertika allows

Short-term / Airbnb
Not allowed
Minimum lease
6 months
Leases per year
2
4 more
Pets
Yes (Owners Only)
Pool hours
7:00 AM - 11:00 PM
Gym hours
7:00 AM - 11:00 PM
EV charging
Available

Rules change: I confirm the current bylaws and application requirements before you write an offer or sign a lease.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 9 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Due 2036

Due by statute by December 31, 2036, 30 years after 2006, then every 10 years.

What the deadline means
  • Miami-Dade sets 25 years for condo buildings within three miles of the coastline, which would be December 31, 2031.
  • Based on year built 2006 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Neo Vertika

5 more nearby

Compare with the two nearest →Every Downtown building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Neo Vertika's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at Neo Vertika lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group