Own Downtown

Loft 1

234 NE 3rd St · Built 2005 · 24 floors · 194 residences

7 for sale
For sale
7
2 pending · 28.0 mo supply
Median asking
$319K
from $269K
Median $/sqft
$438/sqft
$351/sqft sold, 12 mo
Days on market
34
52 to sell · 3 in 12 mo

1 of 7 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Loft 1
Listing photo · courtesy of United Realty Group Inc · MLS #A12050787

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.

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
66
/ 100
B+
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.

Value85
$438/sqft — vs. Miami condos
Momentum50
Recent price trend
Liquidity41
28.0 months of supply · 34 days on market
Health90
No verified records yet — listing signals only
Waterfront55
Not waterfront
Age50
Built 2005
own.miami Condo Index
55100 = the median Miami condo, by price and liquidity.
Rank
#520 of 597 tracked Miami condos
Top 87% by price & liquidity
#24 of 25 in Downtown
Momentum
→ Steady
$438/sqft median ask
Liquidity
Balanced
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Loft 1; bars are closings per month.

$323$407$492Jan 2024May 2024Sep 2024Apr 2025Nov 2025

Location

Nearby buildings within half a mile.

Building facts

Address
234 NE 3rd St
Year built
2005
Floors
24
Residences
194
Waterfront
No

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

Watch
  • 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.

Frequently asked

How much do condos at Loft 1 cost?+

There are 7 condos for sale at Loft 1, from $269,000, with a median asking price of $319,000 ($438/sqft).

Is Loft 1 a good time to buy?+

Loft 1 currently has about 28.0 months of supply — a buyer-friendly pace with more negotiating room.

How much are the HOA fees at Loft 1?+

HOA / maintenance fees at Loft 1 run around $874 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.

Is Loft 1 a waterfront building?+

Loft 1 is not directly on the water.

When was Loft 1 built?+

Loft 1 was built in 2005, 24 stories, 194 residences.

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