Commercial Land · Commercial Land

1129 SW 3rd Ave, Miami FL 33130

Miami, FL, 33130

$39,500,000

Presented by Parvani Commercial Group, Inc.

High-rise commercial structure featuring a contemporary white facade, rhythmic modular fenestration, floor-to-ceiling glass paneling at the podium level, and recessed upper-level terrace

Central bar featuring a stone-topped counter with teal tile cladding, a suspended gold-tone metal mesh canopy, floor-to-ceiling glass paneling, terrazzo flooring, and spherical pendant lighting

Floor-to-ceiling slatted wall paneling with integrated vertical accent lighting, metallic elevator doors, and neutral wide-plank flooring

Hallway featuring light wood-finish door frames, recessed ceiling lighting, patterned wall-to-wall carpeting, and wall-mounted metallic sconces

Custom wood-paneled headboard wall with integrated accent lighting, floor-to-ceiling window, built-in wooden nightstands, and wood-finish flooring

Lobby featuring a built-in stone service desk, textured wood-paneled walls, a multi-tiered stone water feature, and a vertical garden wall with integrated recessed ceiling lighting

ALTA/NSPS Land Title Survey. Documenting the property boundaries, legal description, and site dimensions

About This Property

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

Property Type: Commercial Land
Status: Active
MLS #: A12113877
Lot Size: 26,118 SF
Zoning: 6402
Days on Market: 0
Price: $39,500,000