Neo Vertika Condos For Sale & Rent

Neo Vertika Condo Overview

Neo Vertika is a Miami River condo tower at 690 1st Ct in Brickell, Miami. Built in 2006, the 36-story building has 443 residences near Brickell, Downtown Miami, riverfront restaurants, transit, and employment centers.

Neo Vertika Condos for Sale

Neo Vertika condos for sale should be compared by river or skyline exposure, floor height, loft-style layout, interior condition, parking, and monthly fees. Buyers should review building rules, reserves, and recent sales because the layouts and views can vary widely.

Neo Vertika Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 6-month minimum rental term, and up to 2 rentals per year. Buyers should confirm association rules, lease approvals, fees, and current restrictions before planning around rental income.

Amenities and Building Details

Architectural and ownership notes point to Revuelta Vega Leon. The building is pet-friendly. Buyers should review amenities, parking, security, reserves, insurance considerations, and monthly fees with the individual unit. Developed in 2006 by Neo LLC and crafted by the renowned Revuelta Vega Leon Architects, this 36-story condominium encapsulates urban luxury with its 443 residences and 20,000 square feet of prime ground-floor retail space. Offering a mix of bi-level lofts and single-story flats, the floor plans at Neo Vertika vary from studios to three-bedroom units, each ranging from 638 to 1,284 square feet of sophisticated living space. The 49,000-square-foot amenity deck boasts an infinity-edged swimming pool, a top-tier fitness center, Creato Hairdressing salon, and the waterfront American Social Gastropub.

What to Compare Before Buying at Neo Vertika

Compare active condos for sale, active rentals, recent sales, river or skyline exposure, unit condition, monthly fees, parking, rental rules, pet policy, and Miami River access. It is also useful to compare Neo Vertika Brickell with nearby buildings and area pages such as Brickell neighborhood and Latitude On The River.

Market Context

Neo Vertika Brickell has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 219 recorded condo sales, or about 24 sales per year. That gives buyers a useful resale sample, but individual unit differences still need to be adjusted carefully. The busiest year in the series was 2021 with 45 sales, while the quietest was 2018 with 17. Recent completed-year sales volume is close to the long-term average. The year-to-year spread is not extreme, which points to a more consistent resale comparison set.

The completed-year price-per-square-foot history for Neo Vertika Brickell ranges from about $293/sqft to $531/sqft, with an average near $397/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is higher than the first, moving from $307/sqft in 2017 to $466/sqft in 2025. The recent completed-year price-per-square-foot average is above the long-term average. Average closed price over the same completed-year period was about $373,764, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Neo Vertika Brickell: 2 Beds and 1 Bed units have the broadest historical comparison set, while 3 Beds around $530,625 and 2 Beds around $460,260 represent the higher average closed-price tiers in the chart data. Because the higher-tier segment has limited observations, it should be treated as directional rather than a standalone pricing rule. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Neo Vertika Brickell also has long-term rental positioning with a 6-month minimum lease and up to 2 rentals per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.