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Waterfront · Condominium
$334,999$525 / sqft
690 SW 1st Ct # 2025, Miami FL 33130
Listed
0
Bedrooms
1
Bathrooms
638 sqft
Interior
2006
Year built
$778 / mo
HOA
Condominium
Type
About this home
Experience Brickell living in this charming studio on the 20th floor at Neo-Vertika, located on the Miami River. This bright unit features a private balcony and an open layout creating a seamless flow for easy living and entertaining. Centrally located a block from Brickell City Centre and close to Mary Brickell Village, Downtown Miami, and a variety of restaurants and supermarkets. The building offers an array of luxurious amenities: EV charging, a stunning infinity pool with a jacuzzi, sauna, steam room, Neo Golf Simulator, full fitness center with CrossFit and boxing area, racquetball/pickleball/basketball courts, a library, business center, club room, and a dog park/children’s play area. 24-hour concierge service and valet parking for visitors. Enjoy riverfront dining and near by access to the Metro Mover. 1 parking included. The building has no litigation and no assessments. Unit is rented for $2,350/ month, but there is a 60 day kick out clause if needed.
Features
- First Floor Entry
- East Of Us1
- Pool Area View
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for studio rentals in Brickell, from 70 active listings; the middle half ask $2,600–$3,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.