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