Property Details
| Asking Price | $295,000 |
|---|---|
| Price per SqFt | $431 |
| Maintenance Fee | $640 Monthly |
| Property Taxes | $4,335 2025 |
| Interior Space | 685 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 2005 |
| MLS # | A12030533 |
Location
From the listing
Located in the highly desirable The Loft Downtown, this beautifully maintained residence offers a unique opportunity to own a true one-bedroom apartment in the heart of Downtown Miami.Originally designed as a loft-style unit, the current owner thoughtfully reconfigured the layout by adding a full wall separating the living area from the bedroom, creating a genuine one-bedroom floor plan while preserving the open and modern feel of the space.The apartment is approximately 685 square feet, is in excellent condition, and features a bright living area, modern kitchen, spacious bedroom, and city views. Residents also enjoy access to a convenient laundry facility on the ground floor.The Loft is a well-managed and well-maintained building ideally located just:5 minutes from Kaseya Center (formerly American Airlines Arena)5 minutes from Miami Worldcenter20 minutes from Miami International AirportClose to Brightline, Metromover, restaurants, shopping, entertainment, and Miami's business districtThis property is an excellent option for both investors and end users seeking a centrally located Miami residence.Investment Opportunity The unit is currently leased for $2,500 per month The tenant is scheduled to vacate in December 2026, providing immediate rental income with future flexibility for owner occupancy or repositioning.A rare opportunity to own a true one-bedroom residence in one of Downtown Miami's most convenient and rapidly growing neighborhoods in Miami
Listed by Keller Williams Realty Miami Beach
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $640 a month; taxes $4,335 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Loft Downtown I Unit 905
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10026549 | $204,500 | 4/21/16 |
| A1584091 | $143,000 | 3/5/12 |
What Other Units Have Been Selling For at Loft Downtown I
4 units sold at Loft Downtown I in the last 12 months at an average of $358/SqFt · This unit (905) is asking $431/SqFt
Below, the most recent sales most like this unit: its floorplan first, then units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 1403 | $315,000$460/SqFt | 96% | 7/8/24 |
| 1403 | $179,000$261/SqFt | 95% | 11/20/18 |
| 905 | $204,500$299/SqFt | 98% | 4/21/16 |
| 905 | $143,000$209/SqFt | 97% | 3/5/12 |
| 909 | $270,000$432/SqFt | 93% | 9/30/26 |
| 2206 | $259,000$351/SqFt | 94% | 2/26/26 |
| 1805 | $200,000$292/SqFt | 80% | 11/14/25 |
| 1105 | $274,000$400/SqFt | 93% | 10/20/25 |
For a full analysis of past sales in this development, contact Mark Zilbert.
Listed by Keller Williams Realty Miami Beach. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Loft Downtown I Unit 905, 234 NE 3rd Street · MLS A12030533 · $295,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Loft Downtown I
At Loft Downtown I, 7 of 194 units are for sale and 4 sold in the last 12 months at an average of $358 per SqFt. Unit 905 asks $431 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Miami real estate agent with ONE Sotheby's International Realty, from MLS records.