# Neo Vertika

As of 2026-10-30, Neo Vertika in Brickell has 9 units for sale at a median asking price of $390K ($522/sqft); 16 units sold in the last 12 months.

Neo Vertika is a 36-floor, 442-residence waterfront condominium at 690 SW 1st Ct in Brickell, built in 2006, with 20 active tower construction sites within 1 km.

## Key facts

| | |
|---|---|
| Address | 690 SW 1st Ct |
| Neighborhood | Brickell |
| Year built | 2006 |
| Floors | 36 |
| Units | 442 |
| Waterfront | yes |
| Developer | Neo Group |
| For sale | 9 |
| Pending | 1 |
| Median asking price | $390,000 |
| Median asking $/sqft | $522/sqft |
| Sold, last 12 months | 16 |
| Median sold $/sqft, 12 months | $493/sqft |
| Months of inventory | 6.8 |
| Median HOA | $889/mo |
| Parking | The building offers valet parking and assigned parking spaces, with some units including a dedicated parking spot. |

## Own Miami measures

- **own.miami Building Score: 83 (A)**
  - Value: 82 — $522/sqft — vs. Brickell condos, then all of Miami
  - Momentum: 70 — +7.5% $/sqft over 6 months
  - Liquidity: 83 — 6.4 months of supply · 0 days on market
  - Health: 98 — 3 verified records: DBPR complaints
  - Waterfront: 90 — Waterfront building
  - Age: 57 — Built 2006 — vs. Brickell buildings
- **Own Miami Condo Index: 78** (value; 100 = the market-median building, 200 = twice its $/sqft; rank 544 of 698 tracked Miami condos)
- **Financeability Index: 90** (strong; 12-month window, 20 recorded mortgages, 70% of sales bank-financed, lowest down payment 0%, as of 2026-10-31)
- Special-assessment outlook: watch (next structural milestone inspection due 2031)

## Building health (verified public records)

- Public records checked 2026-10-29
- positive: Bank financing — Regulated lenders recorded 20 purchase or refinance loans on this building in the last 12 months, financing 70% of its recorded sales, and accepted a down payment as low as 0%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 90/100. (2026-10-31)
- watch: DBPR complaints — Florida DBPR Division of Condominiums public complaint record for association licence MA64114: 2 complaints in the last 36 months (1 open, 0 with discipline, 0 closed with a letter). A complaint is an allegation; only dispositions are findings. Investigations are confidential and not counted. (2026-06-25)
- positive: No special assessment — noted on 1 listings (2025-05-09)
- Legal & regulatory: 1 material cases active, 0 disputes active, 2 DBPR complaints (36 months) (2026-09-17)

## Frequently asked questions

**How much do condos at Neo Vertika cost?**

There are 9 condos for sale at Neo Vertika, from $315,000, with a median asking price of $390,000 ($522/sqft).

**How much are the HOA fees at Neo Vertika?**

HOA / maintenance fees at Neo Vertika run around $889 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

**Is Neo Vertika a waterfront building?**

Yes — Neo Vertika is a waterfront building (Brickell).

**When was Neo Vertika built?**

Neo Vertika was built in 2006, 36 stories, 442 residences.

**Who developed Neo Vertika?**

Neo Vertika was developed by Neo Group. Neo Group's own.miami Developer Score is B− across 3 buildings.

## Related pages

- [Brickell — neighborhood guide](https://own.miami/brickell)
- [All units for sale at Neo Vertika](https://own.miami/buildings/neo-vertika/for-sale)
- [Axis on Brickell](https://own.miami/buildings/axis-on-brickell)
- [Nine at Mary Brickell Village](https://own.miami/buildings/nine-at-mary-brickell-village)
- [Avenue 1060](https://own.miami/buildings/avenue-1060)
- [Millecento](https://own.miami/buildings/millecento)

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Source: Own.Miami — https://own.miami · data as of 2026-10-30
Canonical page: https://own.miami/buildings/neo-vertika
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai