The 2.8-acre parcel, located at 700-799 Brickell Avenue, was once slated to become the One Brickell City Centre, a 1,000-foot-tall office tower. However, Swire scrapped those plans earlier this year, citing difficulties in the current office market.
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The firm has placed the 2.8-acre dev site on the market.
Seven supertall towers are currently planned across Miami.
One Brickell City Centre would soar about 1,000 feet high. Currently, the tallest building in both Miami and Florida is Panorama Tower at 868 feet.