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1129 SW 3rd Ave Miami, FL $ 39,500,000
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$ 39,500,000 Get more info
1129 SW 3rd Ave
$ 39,500,000
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1129 SW 3rd Ave

Miami, FL, 33130
$ 39,500,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 272,817

1129 SW 3rd Ave, Miami, FL 33130 - Image 1
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1129 SW 3rd Ave, Miami, FL 33130 - Image 9
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Lots and Land for sale in Miami, FL

for $39,500,000. The lot size is 0.599.

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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Lots and Land Active

Price

$ 39,500,000

Property Type

Lots and Land

Taxes

$ 233,672

Style

Lot Size

0.599

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12113877
Features
General
Sewer Public Sewer
Utilities Other
Possession Close Of Escrow Negotiable
Tax Year 2025
Current Use Hotel/Motel
County Miami-Dade
Property Type Land
Subdivision Name MIAMI HEIGHTS
Status Active
City Miami
Zoning Description 6402
MLS Area 41
Lot Size Units Square Feet
Lot Size Square Feet 26118
Tax Annual Amount 233672
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12113877
Standard Status Active
Legal Description MIAMI HEIGHTS A SUB PB 5-29 LOTS 11 & 12 & LOT 13 LESS W5FT FOR ST & LOTS 14 & 15 BLK 84 LESS EXT AREA OF CURVE IN SW COR & LESS W5FT OF LOT
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Interior
Total Baths 0
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Exterior
Lot Features <1 Acre Irregular Lot
Water Source Public
Lot Size Area 26118
Lot Dimensions 0x0
Lot Size Acres 0.599
Waterfront Y/N false
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Habitat Realty Llc

Broker

jamotta@habitatrealtygroup.com

Email

Affordability Calculator

$292,289
Per Month
93%
7%
0%
Monthly Principal & Interest
$272,817
Monthly Property Taxes
$19,473
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/27/2026 $39,500,000 Listed Price

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1129 SW 3rd Ave, Miami, FL, 33130 is a Lots and Land for sale at $39,500,000 with a lot size of 0.599. 1129 SW 3rd Ave has 0.0 baths. The property's zip code is 33130 which is in Miami, FL

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