The Loft Downtown Condos — Downtown Miami

234 NE 3rd St, Miami, FL 33132 · Miami

8 for sale13 for rent$269K – $490K$416 / sqft median

About The Loft Downtown

The Loft Downtown is a 24-story condominium at 234 NE 3rd St in Downtown Miami, built in 2005 with 194 residences. It was developed by Related Group and designed by Cohen Freedman Encinosa & Associates.

8 residences are for sale right now, asking $269K to $490K (a median $416 per square foot). By size: 5 one-bedrooms from $269K and 3 two-bedrooms from $395K. For renters, 13 units are available on annual leases from $2,200 to $4,400 a month.

In the last year, 3 sales closed at The Loft Downtown at a median $270K ($362/sq ft), typically going under contract in about 36 days. 27 leases were signed over the same period at a median $2,400 a month (one-bedrooms $2,250 and two-bedrooms $3,100).

Life in the building comes with a secured lobby, a pool, a doorman, a fitness center, a sauna and a community room.

The Loft Downtown Building Facts

The Building

Address
234 NE 3rd St, Miami, FL 33132
Neighborhood
Downtown Miami
City
Miami, FL 33132
County
Miami-Dade County
Year built
2005
Stories
24
Residences
194
Bedrooms
1 – 2 bedrooms
Bathrooms
1 – 2 baths
Developer
Related Group
Architect
Cohen Freedman Encinosa & Associates
Construction
Concrete Block Construction
Legal name
The Loft Downtown Condominium

Ownership Costs & Rules

HOA fees
$640 – $1,361/mo
HOA average
$1,043/mo
HOA per sq ft
$1.12/sq ft per month
HOA includes
Common Area, Sewer, Trash Removal, All Amenities, Elevator, Water, Manager, Security
Pets
Allowed
Leasing
6 months minimum · up to 2× a year

Market — Last 12 Months

Closed sales
3
Median sold price
$270K
Median sold $/sq ft
$362
Median days on market
36 days
Leases signed
27
Median rent
$2,400/mo

Views, Parking & Security

Views
Skyline, Bay, Other
Parking
1 Space, Additional Spaces Available, Space Rented
Security
Lobby Secured, Doorman, Complex Fenced, TV Camera

HOA, pet and leasing details are read from current MLS listings in the building and can vary by unit — confirm with the association before you buy.

The Loft Downtown Amenities

Pool, Spa & Fitness

  • Pool
  • Exercise Room
  • Sauna

Security & Access

  • Lobby Secured
  • Doorman
  • Card Entry
  • Guard At Site

Social & Leisure

  • Clubhouse-Clubroom

Services & Building

  • Elevator(s)
  • Trash Chute
  • Business Center
  • Elevator Secure

More Amenities

  • Community Room
  • Complex Fenced
  • TV Camera
  • Fire Alarm
  • Fire Sprinklers

The Loft Downtown Residence Features

  • Concrete
  • Open Balcony
  • Refrigerator
  • Dishwasher
  • Microwave
  • Skyline
  • Dryer
  • Electric Range
  • Washer
  • Bay
  • Built-in Features
  • Clear Impact Glass
  • Disposal
  • First Floor Entry
  • High Impact Windows
  • Ice Maker
  • Other View
  • Utility Room/Laundry
  • Ceramic Floor
  • Closet Cabinetry
  • Complete Impact Glass
  • Electric Water Heater
  • Fire Sprinklers
  • Impact Glass

Features vary by residence — confirm details for any specific unit with us.

Floor Plans & Residences at The Loft Downtown

Residence configurations observed across current and recent The Loft Downtown listings:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
1 Bed / 1 Bath625–950 sqft59$269K – $395K$409
2 Bed / 2 Bath1,056–1,185 sqft34$395K – $490K$389

Derived from live MLS data — request official floor plans and we'll send the developer set for your line.

The Loft Downtown Listings

The Loft Downtown Market Report

Over the last 12 months, 3 condo sales closed in The Loft Downtown at a median of $270K ($362/sqft), median 36 days on market. Median sold prices are down 5.3% year-over-year. 27 leases were signed at a median of $2,400/mo ($3.20/sqft). Computed from recorded MLS closings; updates automatically.

0$250K$500KNovDecJanFebMarAprMayJunJulAugSepOctNov: $200K (1 sales)Sep: $390K (2 sales)$200K$390K
$270K
Median (12 mo)
3
Sales (12 mo)
36 days
Median DOM

Last 12 Months by Bedroom Count

ResidenceSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
1 Bed2$270K$4323620$2,250$3.28
2 Bed1$390K$3624317$3,100$2.94
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
Nov 20251$200K$292362$3,500$2.95
Dec 2025———————
Jan 2026————5$2,200$3.09
Feb 2026———————
Mar 2026————3$2,250$3.28
Apr 2026————6$2,541$3.45
May 2026————4$3,100$2.94
Jun 2026————2$2,600$3.80
Jul 2026————2$2,400$3.50
Aug 2026————1$3,050$2.57
Sep 20262$390K$4324312$2,150$3.14
Oct 2026———————

The Loft Downtown Location & Address

Address

234 NE 3rd St, Miami, FL 33132

Downtown Miami · Miami · Miami-Dade County

Get directions

Similar Buildings to The Loft Downtown

Buyers weighing The Loft Downtown tend to shortlist these Downtown-miami buildings in a comparable price band:

The Loft Downtown — Frequently Asked Questions

What do condos at The Loft Downtown sell for?

Current asking prices run $269K–$490K across 8 listings. Closed sales over the past year had a median of $270K, or $362 per square foot. Typical sale prices: one-bedrooms $270K. Exact value depends on floor, line, view and finish.

Are there condos for sale at The Loft Downtown right now?

Yes — 8 residences are for sale, the least expensive at $269K. Mix: 5 one-bedrooms and 3 two-bedrooms. 13 units are also available for rent.

What does it cost to rent at The Loft Downtown?

The median rent over the past twelve months was $2,400 a month across 27 leases. One-bedrooms rented for about $2,250 and two-bedrooms rented for about $3,100. 13 units are available to lease today. Minimum lease terms are set by the association — ask us for The Loft Downtown’s current rental policy.

Are prices going up at The Loft Downtown?

The median sale price is down 5% compared with the prior twelve months. Units that sold took a median 36 days to go under contract. 3 sales closed in the last year.

When was The Loft Downtown built?

The Loft Downtown was completed in 2005 and has 24 stories and 194 residences. The project credits developer Related Group and architect Cohen Freedman Encinosa & Associates.

Where is The Loft Downtown located?

The Loft Downtown is at 234 NE 3rd St, Miami, FL 33132, in Downtown Miami. Nearby comparable buildings include Centro, Wind by Neo and YotelPad Miami.

How does The Loft Downtown compare with nearby buildings?

The Loft Downtown lists from $269K to $490K today. For comparison, Centro asks $305K–$550K, Wind by Neo asks $430K–$438K and YotelPad Miami asks $380K–$600K.

Living at The Loft Downtown: Summary

The Loft Downtown is a condominium in Downtown Miami, Miami, FL 33132 (Miami-Dade County). Current snapshot — 8 for sale, 13 for rent and 3 sold in the past year. Buyers comparing it also look at Centro, Wind by Neo and YotelPad Miami. For a private showing, off-market availability or a valuation of your unit at The Loft Downtown, call Matthew Gromadzki at +1 786-370-8570.