About Neo Vertika
Developed by Neo LLC · Designed by Revuelta Vega Leon Architects
Neo Vertika is a 36-story tower at 690 SW 1st Ct, just west of Brickell proper along the Miami River, developed by Neo LLC and designed by Revuelta Vega Leon Architects — the same development/architecture pairing behind Wind by Neo nearby. Completed in 2006 with 442 residences (a mix of bi-level lofts and single-story flats) plus 20,000 square feet of ground-floor retail.
It’s on the more affordable end of the buildings covered here, reflecting both its age and its position slightly outside Brickell’s bayfront core.
Worth knowing: a new, unrelated pre-construction tower, The Standard Residences Brickell, is going up at the same street number (690) one street over — Neo Vertika is on SW 1st Ct, The Standard Residences is on SW 1st Avenue. Some MLS listings for The Standard Residences are still mistakenly tagged with Neo Vertika’s name, a stale data-entry carryover — the year built (2006 vs. 2027) and exact street are the reliable way to tell them apart.
Building Fees & Assessments
MLS listings for Neo Vertika have shown a median association fee around $1.22/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for Neo Vertika's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Reviewed by Carlos Olivares, FL License #3051724. Last updated September 2026.