1129 SW 3rd Ave, Miami, FL 33130
Local realty services provided by:CENTURY 21 Carioti
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 lot area; final count per gross acreage), reduced parking requirements, height per MIA airspace. Requires BCC Initial Review (special exception) to be filed within 2 years of inclusion. Buyer to verify all entitlements, conditions and expiration dates. Data room available upon signed NDA. Contact listing agent....
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Home facts
- Subdivision & Development:MIAMI HEIGHTS
- Listing ID #:A12113877
- Updated:October 28, 2026 at 04:57 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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