1129 SW 3rd Ave, Miami, FL 33130

Miami
Local realty services provided by:Countywide Properties ERA Powered
1129 SW 3rd Ave,Miami, FL 33130
$39,500,000
Virtual Tour
  • 0.6 Acres
  • Lots / Land
  • Active
Listed by: javier motta
Office: habitat realty llc.786-220-6889
MLS#:A12113877
Source:SEFMLS

Price summary

  • Price:$39,500,000

About this home

Rare dual-path entitled development site in West Brickell — 26,118 SF at 1129 SW 3rd Ave, minutes from Brickell Metromover/Metrorail. OPTION 1 – CITY OF MIAMI: Approved Waiver (with conditions) for a 353-key hotel tower. Density was secured through the purchase of the unused development rights (air rights) of the adjacent self-storage parcel; both parcels are joined by a recorded Covenant in Lieu of Unity of Title (2017), and a 2018 Easement & Operating Agreement reserves all remaining FLR/density of the unified site exclusively to this parcel. Full UDRB set, construction documents (architectural, structural, MEP), renders and prior Embassy Suites/Canopy by Hilton franchise documentation available. OPTION 2 – MIAMI-DADE COUNTY RTZ: Property was added to the Metromover Subzone of the Rapid Transit Zone by Ordinance No. 26-58 (BCC, July 2026), allowing a buyer to pursue County entitlements under Sec. 33C-15: up to 500 units/acre (est. ±299 residential condo units based on net...

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Home facts

  • Subdivision & Development:MIAMI HEIGHTS
  • Listing ID #:A12113877
  • Updated:October 29, 2026 at 10:07 AM

Structure and exterior

  • Lot area:0.6 Acres
  • Lot Features:Irregular Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$39,500,000
  • Tax amount:$233,672 (2025)
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