Active - Other for sale
1129 SW 3rd Ave, Miami FL 33130
Facts & features
Why you’ll love it
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.
Listings courtesy of Habitat Realty LLC.
Listed by: Javier Motta • 786-521-8144 • Habitat Realty LLC
Co-listed by: Habitat Realty LLC
Source: Miami MLS, MLS#: A12113877
Based on info available as of Nov 13, 2026 at 7:00 PM EST.
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Affordability
$219,206/mo
- Mortgage$199,733
- Property tax$19,473
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$790,000 Credit back
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Travel times
About Miami Heights
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Copyright ©2026.
Based on information as of Nov 13, 2026 at 07:00pm EST.
Make a winning offer, and get up to
$790,000 Credit back