Miami Art Week 2026Upcoming
9 exhibitions within 1 mile
Art Week Score 60 · #14 in Downtown
#14 in Downtown · #108 in Miami
Nearest: Beyond Time: Antonia Eiriz, Juan Sánchez, and Pedro Vizcaíno, 0.2 mi away
For sale
6
1 pending · 18.0 mo supply
Median asking
$305K
from $269K
Median $/sqft
$381/sqft
$356/sqft sold, 12 mo
Days on market
62
128 to sell · 4 in 12 mo
0 of 6 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.
Located in the vibrant heart of Downtown Miami, Loft 1 offers a sophisticated urban living experience. The building is situated within walking distance of Bayfront Park, Bayside Marketplace, and the Metromover, providing easy access to the city's dining, shopping, and entertainment districts. The property is positioned near major landmarks such as the Kaseya Center, the Adrienne Arsht Center, and Miami Dade College.
The building features a variety of amenities designed for urban convenience, including a fitness center, a pool with a waterfall, a sauna, and a steam room. Residents have access to a club room, a social room, and a business center. The property provides 24-hour concierge and security services.
Units within the building are characterized by an industrial-chic design, featuring high ceilings and open-concept layouts. The building is pet-friendly and offers a variety of views, including cityscapes and waterfront vistas.
Live near more of Miami
What surrounds Loft 1: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive now16 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Coconut Grove), 4.1 mi
#17 in Downtown · #495 in Miami
A commitment, and some of the best decisions are.
1 Flanigan's locations nearby
Publix IndexLive now
64 / 100
Nearest Publix: Publix at 3 Miami Central, 0.5 mi
#16 in Downtown · #206 in Miami
Within a mile. The city planners knew.
3 Publix stores nearby
Distances are straight-line, not walking or driving.
Getting around
Downtown is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
MetromoverMetrorail (Government Center)Bayfront ParkBayside MarketplaceKaseya CenterMiami Riverwalk
70
/ 100
A−
own.miami Score
A data-grounded score for Loft 1 from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value100
$381/sqft — vs. Downtown condos, then all of Miami
Momentum89
+23.5% $/sqft over 6 months
Liquidity39
18.0 months of supply · 62 days on market
Health78
Verified records on file — nothing adverse
Waterfront55
Not waterfront
Age37
Built 2005 — vs. Downtown buildings
own.miami Condo Index
62Value100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#619 of 698 tracked Miami condos
Top 89% by price per sq ft
#28 of 28 in Downtown
Momentum
↑ Rising
$381/sqft median ask
Liquidity
Balanced
The stacks
8 lines · modeled from 28 salesCondos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Loft 1’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -07 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -02 | 2 bd · 2 ba | 1,078 sqft | Skyline | $385/sqft | +$3 | $371/sqft → $424/sqft | 5 |
| -03 | 1 bd · 1 ba | 685 sqft | Skyline | $449/sqft | +$3 | $437/sqft → $473/sqft | 3 |
| -04 | 1 bd · 1 ba | 784 sqft | Bay | $427/sqft | +$4 | $387/sqft → $453/sqft | 4 |
| -05 | 1 bd · 1 ba | 685 sqft | Skyline | $397/sqft | — | — | 3 |
| -06 | 1 bd · 1 ba | 738 sqft | Intracoastal ViewWaterfront | $365/sqft | — | — | 2 |
| -07Best value | 2 bd · 2 ba | 1,185 sqft | Skyline | $350/sqft | +$4 | $326/sqft → $395/sqft | 4 |
| -09 | 1 bd · 1 ba | 625 sqft | — | $472/sqft | — | — | 3 |
| Penthouses | 2 bd · 2 ba | 1,056 sqft | Bay | $440/sqft | — | — | 1 |
Modeled from Loft 1’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.
What’s a unit here worth?
Pick a line and a floor — we estimate the value from Loft 1’s own sales history.
Estimated value
$405,000
$375,000–$435,000 · $342/sqft
Moderate confidence · 4 sales
Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.
Want the inside track on Loft 1?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$270,000Sep 30, 2026
1 bd · 1 ba · 625 sqft
234 NE 3rd St #909
Listing courtesy of Fortune Christie's International Real Estate, Malgorzata Walas (Lic. #3267798) · MLS #A12051859
$200,000Nov 14, 2025
1 bd · 1 ba · 685 sqft
234 NE 3rd St #1805
Listing courtesy of EXP Realty LLC, Jose Castillo Jr. (Lic. #3079477) · MLS #A11879362
$274,000Oct 20, 2025
1 bd · 1 ba · 685 sqft
234 NE 3rd St #1105
Listing courtesy of Brickell Brokers LLC, Maria Goreth Araujo (Lic. #3410405) · MLS #A11850017
#2206
Loft 1
$259,000Feb 26, 2026
1 bd · 1 ba · 738 sqft
234 NE 3rd Street #2206
Listing courtesy of Coldwell Banker Realty, Della McClain (Lic. #3508184) · MLS #R11087810
$390,000Sep 21, 2026
2 bd · 2 ba · 1,078 sqft
234 NE 3rd St #2202
Listing courtesy of The Agency Florida LLC, Justin Knops (Lic. #3242652) · MLS #A11777053
$420,000May 16, 2025
2 bd · 2 ba · 1,078 sqft
234 NE 3rd St #1002
Listing courtesy of One Sotheby's International Re, Elliot Lee (Lic. #3276780) · MLS #A11762047
$285,000Apr 29, 2025
1 bd · 1 ba · 784 sqft
234 NE 3rd St #604
Listing courtesy of Compass Florida, LLC., Brandon Sticca (Lic. #3577435) · MLS #A11754275
$270,000Apr 11, 2025
1 bd · 1 ba · 685 sqft
234 NE 3rd St #2205
Listing courtesy of Compass Florida, LLC., Lucas Gomez (Lic. #3380967) · MLS #A11675484
$300,000Dec 16, 2024
1 bd · 1 ba · 685 sqft
234 NE 3rd St #1003
Listing courtesy of Robert Slack LLC, Saman Zand (Lic. #3062633) · MLS #A11598840
Sold $/sqft trend
3-month rolling median of closed sales in Loft 1; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 234 NE 3rd St
- Year built
- 2005
- Floors
- 24
- Residences
- 194
- Developer
- Related Group
- Waterfront
- No
Developed by
Related Group63
B+ · Developer Score
- Ranks #5 of 49 scored Related Group buildings
- Asking $381/sqft here vs $865/sqft across the developer's portfolio
- 53% of the developer's portfolio has no adverse verified record
- All 52 buildings by this developer
Amenities
- · Pool
- · Fitness center
- · Sauna
- · Steam room
- · Concierge
- · Security
- · Clubroom
- · Business center
- · Plunge pool
- · Social room
Building rules
- Parking
- A secure garage is available for residents across the street for $60 per month.
Special assessments & recertification outlook
WatchPublic records checked Oct 29, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 2 purchase or refinance loans on this building in the last 12 months, financing 33% of its recorded sales, and accepted a down payment as low as 9.3%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 81/100.
Source: Miami-Dade Clerk official records
- Built 2005 — its first 25-year structural milestone inspection is due around 2030
Estimated from Loft 1’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Loft 1: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
- Mortgages recorded, 12 months
- 2
- 2 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 33%
- 6 recorded sales, 12 months · Resales only
- Average down payment
- 23.4%
- Lowest down payment accepted
- 9.3%
Loan programmes, 24 months:Conventional 2VA programme approvals
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Downtown
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone X: minimal-risk area on FEMA’s map.
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 11.1 ft
- Lowest nearby street
- 9.5 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 8.5 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR69335 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Loft 1 cost?+
There are 6 condos for sale at Loft 1, from $269,000, with a median asking price of $305,000 ($381/sqft).
How much are the HOA fees at Loft 1?+
HOA / maintenance fees at Loft 1 run around $885 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
When was Loft 1 built?+
Loft 1 was built in 2005, 24 stories, 194 residences.
Who developed Loft 1?+
Loft 1 was developed by Related Group. Related Group's own.miami Developer Score is B+ across 52 buildings.
Stay ahead
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