Price Check
How this price compares
- List price
- $295,000
- Price per sq ft
- $431
- Vs. nearby sales
- 19.1% above
- Days on market
- 119
This 1-bedroom condo in The Loft Downtown Condo is listed at $295,000, or $431 per square foot. The asking price has come down 7.5% from its original $319,000. It has been on the market for 119 days. The 5 most recent condo sales in the closings shown below sold at a median of $362 per square foot, so the asking price is 19.1% above what comparable homes here actually sold for.
Estimated monthly payment
$1,550 /mo
Principal and interest only, based on $59,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $640/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $295,000
- Days on Site
- 119 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 685 sqft
- Total Sq Ft
- 685 sqft
- Year Built
- 2005
- Property Type
- Condo
- MLS #
- A12030533
- Property Tax
- $4,335 (2025)
- HOA Fees
- $640 / Monthly
- Subdivision
- THE LOFT DOWNTOWN CONDO
- County
- Miami Dade
- Status
- Active
About This Property
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
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2005
- Property Condition
- Resale
- Number of Stories
- 24
- Garage Spaces
- 1
- Living Sq Ft
- 685
- Total Sq Ft
- 685
Interior Features
- Cooling
- Other
- Heating
- Other
- Flooring
- Ceramic Tile
- Interior Features
- Other
- Laundry
- Washer Hookup / Dryer Hookup
Exterior Features
- Construction
- Other
- Exterior Features
- Other
- Architectural Style
- Other
- View
- Other
Community & HOA
- HOA Fee
- $640 / Monthly
- Association Amenities
- Maintenance Grounds / Other
- Security
- Other
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Other
- Restrictions
- Ok To Lease
- MLS Area
- 2420
This home's HOA fee works out to $640 a month, 28% below the $884 median across 6 homes for sale in The Loft Downtown Condo. See The Loft Downtown Condo HOA fees
Schools
- Elementary School
- Frederick Douglass
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
About the Community
- Homes for Sale
- 6
- Under Contract
- 1
- Median List Price
- $305,000
- Median $/Sq Ft
- $381
- Avg Days on Market
- 69
Frequently Asked Questions
- How do I schedule a tour of 234 NE 3rd Street 905, Miami, FL 33132?
- Use the Tour button on this listing to request a showing of 234 NE 3rd Street 905, Miami, FL 33132. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 234 NE 3rd Street 905, Miami, FL 33132 still available?
- 234 NE 3rd Street 905, Miami, FL 33132 is currently listed as Active, and has been on the market 119 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 234 NE 3rd Street 905, Miami, FL 33132?
- With 20% down ($59,000) on the $295,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 234 NE 3rd Street 905, Miami, FL 33132 is about $1,550/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 234 NE 3rd Street 905, Miami, FL 33132?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 234 NE 3rd Street 905, Miami, FL 33132. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 234 NE 3rd Street 905, Miami, FL 33132 have an HOA fee?
- Yes: 234 NE 3rd Street 905, Miami, FL 33132 carries an HOA fee of about $640 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 234 NE 3rd Street 905, Miami, FL 33132?
- 234 NE 3rd Street 905, Miami, FL 33132 is zoned for Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 234 NE 3rd Street 905, Miami, FL 33132?
- Often, yes. The right offer on 234 NE 3rd Street 905, Miami, FL 33132 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Keller Williams Realty Miami Beach
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$295,000
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Listed by Massimiliano Mlekus, Keller Williams Realty Miami Beach
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Recent Sales
Recently sold homes in The Loft Downtown Condo
These are the last 5 recorded closings in The Loft Downtown Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $362 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$270,000
Sold · September 30, 2026
234 NE 3rd Street 909
1 bed · 1 bath · 625 sqft · $432/sqft
$19,000 under the asking price
Sold$390,000
Sold · September 21, 2026
234 NE 3rd Street 2202
2 bed · 2 bath · 1,078 sqft · $362/sqft
$19,900 under the asking price
Sold$259,000
Sold · February 26, 2026
234 NE 3rd Street 2206
1 bed · 1 bath · 738 sqft · $351/sqft
$16,000 under the asking price
Sold$200,000
Sold · November 14, 2025
234 NE 3rd Street 1805
1 bed · 1 bath · 685 sqft · $292/sqft
$49,000 under the asking price
Sold$274,000
Sold · October 20, 2025
234 NE 3rd Street 1105
1 bed · 1 bath · 685 sqft · $400/sqft
$21,000 under the asking price
See every recorded sale in The Loft Downtown Condo or find out what your The Loft Downtown Condo home is worth.
