About This Property
Land in Miami
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.
Features & Amenities
Property Highlights
Sewer
- Public Sewer
Utilities
- Other
Possession
- Close Of Escrow
- Negotiable
Current Use
- HotelMotel
- Multi-Family
- Unimproved
LotFeatures
- Irregular Lot
WaterSource
- Public
Lot Features
- Irregular Lot
Water Source
- Public
Road Frontage Type
- Easement
- Public Road
Environmental Audit
- Phase
Road Responsibility
- Public Maintained Road
Special Information
- City Jurisdiction
Location of Property
- Central Business District
- City Location
- Corner Lot
- Urban Area Development
Showing Requirements
- Call Listing Agent
- No Appointment
- Sign On Property
Comprehensive Plan Use
- Other
Specifications
Property Details
Location