Building facts
- Address
- 1136 SW 3rd Avenue
- Neighborhood
- Brickell
- Year built
- 2025
- Floors
- 8
- Residences
- 111
- Status
- Pre-Construction
- Developer
- Urban Network Capital Group
- Architect
- DTI Architects
- Pricing
- Starting at $490,000
Visions at Brickell Station — Building Facts
- Address
- 1120–1136 SW 3rd Avenue, Miami, FL 33130 — West Brickell
- Status
- Under construction — broke ground 28 May 2025
- Storeys
- Eight
- Residences
- 110 — studios and one-bedroom condo-hotel units, fully furnished
- Residence sizes
- 490–675 sq ft
- Pricing
- From $495,000 (October 2025), after $501,000 at launch (May 2025)
- Sold
- More than 50% as of October 2025
- Developer
- Urban Network Capital Group (Robert Thorne) — ⚠️ its first South Florida development
- Architect
- DTI Architects · interiors by Concepto Interior Design · sales by Compass
- Construction loan
- $30 million from Concord Summit Capital, October 2025
- Site
- 0.3 acres (14,250 sq ft), acquired for $8.5 million in 2023
- Completion target
- 2027
Key Takeaways
- 🔴 This page carried a flat rental-permission claim until August 2026 — that the building has “absolutely no rental restrictions” and owners may rent “through a booking platform of their choice.” No condominium declaration has been recorded for this building, and the declaration is what creates or removes rental restrictions. That claim has been removed and the marketed model is described as what it is.
- 🔴 It also said “Yr. Built Est. 2025”. The project broke ground in May 2025 and targets 2027. Unit count was 111; the trade record says 110. Price was $485,000; the published figures are $501,000 at launch and $495,000 in October 2025.
- ⭐ It is being built at a third of what the zoning allows. The county zones this parcel Urban Core, 24 storeys. They are building eight. On a 14,250 sq ft lot that is a deliberate boutique play rather than a maximised one.
- The money is in place and it closed fast. A $30 million construction loan from Concord Summit Capital closed in under 30 days with 10% sponsor equity, reported October 2025 — on top of an $8.5 million site bought in 2023.
- ⚠️ This is the developer’s first South Florida project. Urban Network Capital Group has 25 years of experience and a residential portfolio in Orlando, with offices in Coral Gables, Mexico City, Lima and Buenos Aires — but no delivered South Florida building to inspect. That is a fact, not a criticism, and it is worth knowing.
- ⚠️ The county still records the site as vacant land — folio 01-4138-051-0140, assessed $8,015,625 for 2026, with no condominium declaration and no residential folios. There is no county price record for any home here.
What is being built
Visions at Brickell Station is an eight-storey, 110-unit condo-hotel in West Brickell, a short walk from the Brickell Metromover and Metrorail station the project is named for. The homes are studios and one-bedrooms of 490 to 675 square feet, delivered fully furnished.
The developer is Urban Network Capital Group, led by Robert Thorne, with design by DTI Architects of Miami Lakes and interiors by Concepto Interior Design. Compass was appointed to lead sales in May 2025. Amenities reported include a fitness centre, spa facilities, a restaurant and a business centre, with on-site management.
The brand’s positioning is wellness: the marketing describes in-unit features such as advanced air purification and non-toxic finishes, and UNCG presents itself as building eco-friendly and wellness-certified communities. ⚠️ I have not been able to verify any specific wellness certification from a primary source, so treat the certification language as marketing until someone shows you the certificate.
The building
Eight storeys on SW 1st Avenue, a short walk from the Brickell Metrorail and Metromover station the project is named for.
Eight storeys where twenty-four are allowed
This is the detail I find most revealing, and it comes from the county rather than the brochure.
The parcel is zoned “Urban Core 24 Storey / 7 Floor” on a lot of 14,250 square feet. The building going up is eight storeys. In a district where the default instinct is to build every foot the code permits, this project is using about a third of its height allowance.
On a lot this small that is a reasonable decision rather than a remarkable one — a slender 24-storey tower on 0.3 acres carries a very different cost structure, and a low-rise gets to market faster. But it is worth understanding what you are buying: a boutique building by design, on a site that could legally have held three times as much. It also means the site is not being maximised, which is relevant if you are thinking about the block’s long-term character.
The record, dated
| Date | Milestone | Source |
|---|---|---|
| 2023 | Site assembled — $8.5 million for 0.3 acres across 1120, 1130 and 1136 SW 3rd Avenue | The Real Deal; county records a $2,833,400 qualified sale 8 Dec 2023 |
| 28 May 2025 | Groundbreaking. Compass appointed to lead sales; pricing from $501,000 | The Real Deal, 28 May 2025 |
| September 2025 | $30 million financing reported | Commercial Observer, September 2025 |
| October 2025 | $30 million construction loan from Concord Summit Capital confirmed — closed in under 30 days, 10% sponsor equity. More than 50% sold. Pricing from $495,000 | Florida YIMBY, 17 October 2025 |
| 2027 | Completion target | Florida YIMBY, October 2025 |
⚠️ Nothing has been reported since October 2025. I searched The Real Deal, Florida YIMBY, PROFILEmiami and Commercial Observer for any 2026 construction update, topping-out or revised sell-through and found none. For an eight-storey building that broke ground in May 2025 and targets 2027, that is unremarkable — low-rise projects attract far less coverage than towers — but it does mean the most recent verified position is ten months old. The South Florida Business Journal blocks our requests and was not searched.
One thing the record does show clearly: the price came down slightly. From $501,000 at the May 2025 launch to $495,000 in October 2025. That is a small move and I would not build an argument on it, but it is the opposite direction from what a page advertising “from $485,000” would suggest — and that $485,000 figure appears in neither report.
What the county shows
I pulled the Miami-Dade County Property Appraiser record on 26 August 2026. ⚠️ The marketed address will not find it. Searches for 1136 and 1130 SW 3rd Avenue return nothing; the site resolves only under 1120 SW 3rd Avenue, folio 01-4138-051-0140. The legal description records Miami Heights, Lots 20 through 22 less 5 feet for right-of-way, “per Unity of Title” — which is the instrument that merged the three parcels into one, and the reason the other two addresses have disappeared from the roll.
The lot is 14,250 square feet. Classification is “Vacant Residential — Vacant Land”, with no building area and no year built — on a site that broke ground fifteen months ago. That is the same county-records lag I have found this month at E11EVEN, 2200 Brickell, Okan Tower and Oasis Hallandale; it says nothing about the building.
| Tax roll year | Assessed value |
|---|---|
| 2024 | $2,487,234 |
| 2025 | $7,374,375 |
| 2026 | $8,015,625 |
The jump between 2024 and 2025 reflects the assemblage and the unity of title rather than anything built. The last qualified sale on the record is $2,833,400 on 8 December 2023 — one component of the reported $8.5 million assemblage, not the whole of it.
🔴 There is no condominium declaration and there are no residential folios, so there is no assessed value, no tax figure and no county sale history for any home in this building, and there will not be until well after delivery.
The residences
Studios, junior suites and one-bedroom units, shown here as the developer has rendered them. Read the rental section below before you read these as conventional apartments.
The rental question — and what this page used to say
Until August 2026 this page stated that the residences come “with absolutely no rental restrictions”, that “owners can utilize their unit at their discretion and can rent it through a booking platform of their choice”, or join a professionally managed hotel programme.
🔴 That was stated as fact and it should not have been. No condominium declaration has been recorded for this building. The declaration is the document that creates or removes rental restrictions and binds an owner personally, and it does not yet exist.
What is fair to say: the project is being developed and marketed as a condo-hotel with fully furnished units, on-site management and hotel-style amenities, and flexible rental is plainly central to that model. That is the developer’s marketed model, accurately described. It is not a permission you have been granted.
Three layers decide it, and all three have to line up: Florida’s state preemption (with local ordinances predating 1 June 2011 grandfathered); the City of Miami’s zoning for this parcel plus a Certificate of Use and Business Tax Receipt; and the condominium’s own recorded declaration. ⚠️ A county use code settles none of it — and this parcel’s current code is “vacant residential”, which describes dirt.
Get the draft declaration and read its leasing article before you sign. On a condo-hotel bought substantially for rental income, that is the whole transaction.
Amenities
Reception, restaurant, rooftop, spa, meeting room and gym — a programme that reads closer to a hotel than to a condominium, which is the point of the section above.
What to check before you sign
The declaration’s leasing article, when it exists. See above. Nothing else on this page matters as much.
Whether you are joining the hotel programme, and on what terms. If there is a managed programme, ask for the management agreement: the revenue split, what is deducted before it, any cap on your own use of the unit, and how you exit.
Current price and availability, dated. More than half was sold in October 2025 and nothing has been published since. Ask what is left and at what price, in writing, with a date.
The developer’s track record, specifically in Florida. This is UNCG’s first South Florida development. Ask to see delivered projects — their portfolio is in Orlando and abroad — and ask who the general contractor is, which none of the reporting names.
What “fully furnished” includes. Get the specification as a schedule, not a description. On a furnished condo-hotel this is a common source of dispute.
The wellness claims. If the air-purification and certification features are part of why you are buying, ask which certification, at what level, and whether it is awarded or merely targeted.
Who this suits
It suits a buyer who wants a low entry price in Brickell with a rental model attached. Under $500,000 for a new furnished unit walkable to Brickell Station is a genuinely accessible number in this neighbourhood, and that is the product.
It suits someone who prefers a small building. A hundred and ten units over eight storeys is a different experience from a 550-unit tower, and the low-rise should also deliver sooner.
It does not suit a buyer who needs certainty on rental income. Not because the model is unlikely to work — but because the binding document does not exist yet, and this page previously told people otherwise.
It does not suit a buyer who wants space. The largest home is 675 square feet. This is a studio-and-one-bedroom building with no larger option.
It does not suit someone who wants to inspect the developer’s previous South Florida work, because there isn’t any yet.
And a note on the comparison worth making. If a flexible-rental Miami condo-hotel is what you are after, this is the small, cheap, near-term option. The alternatives on this site are considerably larger, later and dearer. Judge them on the declaration and the management agreement, which is the only basis on which they actually differ.
Verified 26 August 2026. The parcel record — folio 01-4138-051-0140, county address 1120 SW 3rd Avenue, plat Miami Heights Lots 20–22, held under a recorded Unity of Title, lot 14,250 sq ft, classified Vacant Residential with no building area or year built, zoned Urban Core 24 Storey, 2024–2026 assessed values, the $2,833,400 qualified sale of 8 December 2023, the nil results for 1130 and 1136 SW 3rd Avenue, and the absence of any condominium declaration or residential folio — was retrieved directly from the Miami-Dade County Property Appraiser. Storeys, unit count, sizes, pricing, sell-through, team, groundbreaking, financing and completion target come from The Real Deal (28 May 2025), Commercial Observer (September 2025) and Florida YIMBY (17 October 2025). ⚠️ Unit count is 110 in the trade record against 111 previously shown here; pricing is $501,000 at launch and $495,000 in October 2025 against $485,000 previously shown here, a figure that appears in no report I could find. ⚠️ Nothing has been published about this project since October 2025 in those outlets or PROFILEmiami; the South Florida Business Journal blocks our requests and was not searched. No general contractor is named in any report. Wellness certifications are marketing claims and were not verified. 🔴 No rental permission is asserted anywhere on this page: no condominium declaration has been recorded. Re-check when the declaration is recorded and when the building appears on the tax roll.
Visions at Brickell Station — Frequently Asked Questions
Can owners rent units short term at Visions at Brickell Station?
🔴 Nobody can confirm that yet, and this page previously claimed otherwise. It stated the residences come with “absolutely no rental restrictions”. No condominium declaration has been recorded, and the declaration is what creates or removes rental restrictions and binds an owner personally. The project is genuinely developed and marketed as a condo-hotel with furnished units and on-site management — that is the marketed model, not a permission. Florida’s preemption, the City of Miami’s zoning plus Certificate of Use, and the declaration all govern. Get the draft declaration and read its leasing article before signing.
When will Visions at Brickell Station be finished?
The target is 2027. It broke ground on 28 May 2025. ⚠️ This page said “Est. 2025” until August 2026, which was the year construction started, not finished.
How many units are there, and how big?
110 condo-hotel residences over eight storeys — studios and one-bedrooms of 490 to 675 square feet, delivered fully furnished. ⚠️ A figure of 111 appeared on this page; the trade record says 110.
How much do units cost?
Published pricing was from $501,000 at the May 2025 launch and from $495,000 in October 2025. ⚠️ This page previously showed $485,000, which appears in no report I could find. More than 50% was sold as of October 2025 and nothing has been published since — ask for current availability and pricing in writing, dated.
Who is the developer?
Urban Network Capital Group, led by Robert Thorne, based in Coral Gables with offices in Mexico City, Lima and Buenos Aires. ⚠️ This is the firm’s first South Florida development — its existing residential portfolio is in Orlando and abroad. Architecture is by DTI Architects, interiors by Concepto Interior Design, sales by Compass. No general contractor is named in any report.
Is the project financed?
Yes. A $30 million construction loan from Concord Summit Capital was reported in October 2025, closed in under 30 days with 10% sponsor equity. The 0.3-acre site was assembled for $8.5 million in 2023.
Why is it only eight storeys?
By choice. The county zones the parcel Urban Core, 24 storeys, on a lot of 14,250 square feet — so the building uses about a third of its permitted height. On a 0.3-acre site a low-rise is cheaper and faster to deliver than a slender tower, but it does mean the site is not maximised.
Sources and further reading
- Miami-Dade County Property Appraiser — Property Search (folio 01-4138-051-0140, county address 1120 SW 3rd Avenue: plat, Unity of Title, lot size, land-use classification, zoning, 2024–2026 assessed values, the 8 December 2023 qualified sale, the nil results for 1130 and 1136 SW 3rd Avenue, and the absence of any condominium declaration; retrieved 26 August 2026)miamidade.gov
- $30 Million Construction Loan Secured For Visions At Brickell Station In Miami — Florida YIMBY, 17 October 2025 (Concord Summit Capital, closed in under 30 days, 10% sponsor equity, 110 units, 490–675 sq ft, from $495,000, more than 50% sold, 2027 completion)floridayimby.com
- Urban Network taps Compass to lead sales at Brickell condo-hotel in Miami — The Real Deal, 28 May 2025 (groundbreaking, 1120 SW 3rd Avenue, eight storeys, 110 units, from $501,000, Robert Thorne, DTI Architects, Concepto Interior Design, $8.5 million site acquired 2023, first South Florida development)therealdeal.com
- Urban Network Capital Group Lands $30M for Condo-Hotel in Miami’s Brickell — Commercial Observer, September 2025commercialobserver.com
Looking at Visions at Brickell Station?
On a condo-hotel bought for rental income, the declaration and the management agreement are the whole transaction — and neither is public yet. Let me help you ask for them properly.
Related coverage
Part of Miami Pre-Construction Condos.