1129 SW 3rd Ave Miami FL 33130 | MLS #A12113877

1129 SW 3rd Ave
Miami, FL, 33130
$39,500,000
Beds
0 Baths
0 SqFt
0.6 Acres
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MLS #A12113877 image #0
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.

Property Details

Price:
$39,500,000
MLS #:
A12113877
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
MIAMI HEIGHTS
Neighborhood:
miamiheights
Listed Date:
Oct 27, 2026
Lot Size:
26,118 sqft / 0.60 acres (approx)
Miami HeightsMiamiheightsMiami HeightsUnimproved Hotel/motel,unimproved Multi Family (5+units)

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Schools

Interior

Exterior

Lot Features
Central Business District, City Location, Corner Lot, Urban Area Development, Irregular Lot, Less Than 1 Acre

Financial

Tax Year
2025
Taxes
$233,672

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Single Family in Miami as of Nov 04, 2026
3,368
Single Family Listed
134
Avg DOM
569
Avg $ / SqFt
$1,669,874
Avg List Price

Property Summary

    Located in the MIAMI HEIGHTS subdivision, 1129 SW 3rd Ave Miami FL is a Single Family for sale in Miami, FL, 33130. It is listed for $39,500,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Miami is $569. The average listing price for Single Family in Miami is $1,669,874. To schedule a showing of MLS#a12113877 at 1129 SW 3rd Ave in Miami, FL, contact your Julien Drieu agent at 7862380927.

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