Read the full record 4 paragraphs and 15 facts, every figure from the MLS and county record
Completed in 2005, Loft Downtown I stands 23 stories at 234 NE 3rd St in Downtown. County folio records count 194 residences plus one commercial unit, averaging 839 SF of living area. It was developed by Related Group and designed by CFE Architects. MLS and county records use the legal name The Loft Downtown Condo.
Six units were for sale on November 2, 2026, asking $269K to $395K (median ask $381/SF across 6 listings). Five sales closed between November 2, 2025 and November 2, 2026, from $200K to $390K, a median $362/SF, after a median 78 days on the market. In the 12 months before that, five sales closed at a median $397/SF, so the median fell 9%. Across 79 recorded sales since 2019, the best year by median price per square foot was 2024, at $445 over 9 sales. That 12-month median ranks 44th of the 47 Downtown buildings with at least three sales in the same window. One-bedrooms made up eight of the 10 sales in the last 24 months, at a median $270,000.
Five units were offered for rent at $2,500 to $4,400 a month. 28 leases were signed over the same 12 months, at a median $2,350 a month (range $2,000 to $3,500). Leases outnumbered sales 6 to 1 over that year, so renters are a large share of who lives here.
County records show 40% of residences as owner-occupied.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.
The record
- Address
- 234 NE 3rd St, Miami 33132
- Neighborhood
- Downtown
- Developer
- Related Group
- Architect
- CFE Architects
- Front desk / mgmt
- (305) 358-6768
- Year built
- 2005
- Floors
- 23
- Residences (county-verified)
- 194
- Commercial units
- 1
- Owner-occupied
- 40% of residences
- Avg. unit size
- 839 sq ft
- Total living area
- 162,849 sq ft
- County condo folios
- 195
- Recorded MLS listings
- 318
- Recorded as
- The Loft Downtown Condo