1129 3rd Ave ,Miami Heights for Sale & Rent

1129 3rd Ave for Sale & Rent

Price $39,500,000.00

• Lot size 26118
• Year Build
• Waterfront
• Zip 33130
• Style
• Parking Description
• Pool Yes
• Status Active

Description

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.

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

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

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.

City:Miami,Zoning:6402,List A O R:A-Miami Association of REALTORS,Tax Year:2025,Latitude:25.76282,List Price:39500000,Listing Id:A12113877,Longitude:-80.1987303,Mls Status:Active,Utilities:1:Other,Current Use:1:Unimproved Multi Family (5+Units),Postal Code:33130,Street Name:3rd Ave,Coordinates:1:25.76282,Lot Features:1:City Location,2:Corner Lot,3:Urban Area Development,4:Irregular Lot,5:Less Than 1 Acre,Photos Count:9,Building Name:MIAMI HEIGHTS,Lot Size Acres:0.599,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Miami Heights,On Market Date:2026-10-27,Parcel Number:01-41-38-051-0260,Property Type:Commercial Land,Street Number:1129,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2027-03-04,Frontage Length:0,List Office Name:Habitat Realty LLC,Listing Service:Limited Service,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4055,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:MIAMI HEIGHTS,Tax Annual Amount:233672,Unparsed Address:1129 SW 3rd Ave, Miami FL 33130,Road Frontage Type:1:City/County Maintained,2:Public Road,Sign On Property Y N:1,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Dimensions:0x0,Lot Size Square Feet:26118,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:1512.3669,Original List Price:39500000,Public Survey Range:41,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2026-10-27,Originating System I D:miamire,Public Survey Section:38,Showing Instructions:Call Listing Agent,Go Directly,Sign On Property,Street Number Numeric:1129,Tax 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,M I A M I R E_ Current Price:39500000,M I A M I R E_ Jurisdiction:City,Public Survey Township:41,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:West Brickell 26,118 SF site: City waiver for 353-key 30-story hotel w/ air rights, or RTZ option ±299 condo units (500/ac). Buyer to verify.,M I A M I R E_ Parcel Number M L X:0260,M I A M I R E_ Street View Param:1$25.762725$-80.198652$161.33$13.33$1.00$CAoSF0NJSE0wb2dLRUlDQWdJQ2tsS256NWdF,Contract Status Change Date:2026-10-27,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:51,M I A M I R E_ Environmental Audit:Phase 1,M I A M I R E_ Agent Alternate Phone:786-521-8144,M I A M I R E_ Inc Exp Statement Period:2026,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1129 SW 3rd Ave,