# Neo Lofts

As of 2026-10-29, Neo Lofts in Downtown has 11 units for sale at a median asking price of $380K ($412/sqft); 3 units sold in the last 12 months.

Neo Lofts is a 20-floor, 199-residence waterfront condominium at 10 SW South River Dr in Downtown Miami, built in 2004, with a Car-Free Index of 69.

## Key facts

| | |
|---|---|
| Address | 10 SW South River Dr |
| Neighborhood | Downtown |
| Year built | 2004 |
| Floors | 20 |
| Units | 199 |
| Waterfront | yes |
| Developer | Neo Group |
| For sale | 11 |
| Pending | 3 |
| Median asking price | $380,000 |
| Median asking $/sqft | $412/sqft |
| Sold, last 12 months | 3 |
| Median sold $/sqft, 12 months | $388/sqft |
| Months of inventory | 44.0 |
| Median HOA | $998/mo |
| Parking | The building offers valet services and assigned parking spaces. |

## Own Miami measures

- **own.miami Building Score: 65 (B+)**
  - Value: 98 — $412/sqft — vs. Downtown condos, then all of Miami
  - Momentum: 31 — -5.7% $/sqft over 6 months
  - Liquidity: 39 — 44.0 months of supply · 13 days on market
  - Health: 83 — 3 verified records: Special assessment — noted on 1 listings
  - Waterfront: 90 — Waterfront building
  - Age: 33 — Built 2004 — vs. Downtown buildings
- **Own Miami Condo Index: 64** (value; 100 = the market-median building, 200 = twice its $/sqft; rank 611 of 698 tracked Miami condos)
- **Financeability Index: 71** (good; 12-month window, 2 recorded mortgages, 50% of sales bank-financed, lowest down payment 10%, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2029)

## Building health (verified public records)

- Public records checked 2026-10-29
- positive: Bank financing — Regulated lenders recorded 2 purchase or refinance loans on this building in the last 12 months, financing 50% of its recorded sales, and accepted a down payment as low as 10%. 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 71/100. (2026-10-31)
- info: Special assessment reported as paid — noted on 1 listings (2026-06-29)
- elevated: Special assessment — noted on 1 listings (2026-05-27)
- Legal & regulatory: 0 material cases active, 1 disputes active, 0 DBPR complaints (36 months) (2026-09-17)

## Frequently asked questions

**How much do condos at Neo Lofts cost?**

There are 11 condos for sale at Neo Lofts, from $279,900, with a median asking price of $380,000 ($412/sqft).

**How much are the HOA fees at Neo Lofts?**

HOA / maintenance fees at Neo Lofts run around $998 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 Neo Lofts a waterfront building?**

Yes — Neo Lofts is a waterfront building (Downtown).

**When was Neo Lofts built?**

Neo Lofts was built in 2004, 20 stories, 199 residences.

**Who developed Neo Lofts?**

Neo Lofts was developed by Neo Group. Neo Group's own.miami Developer Score is B− across 3 buildings.

## Related pages

- [Downtown — neighborhood guide](https://own.miami/downtown)
- [All units for sale at Neo Lofts](https://own.miami/buildings/neo-lofts/for-sale)
- [Vizcayne](https://own.miami/buildings/vizcayne)
- [Wind by Neo](https://own.miami/buildings/wind-by-neo)
- [Loft Downtown II](https://own.miami/buildings/loft-downtown-ii)
- [Loft 1](https://own.miami/buildings/loft-1)

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Source: Own.Miami — https://own.miami · data as of 2026-10-29
Canonical page: https://own.miami/buildings/neo-lofts
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai