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Built in 2005 - 194 units - 23 floors

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Building Information

Loft Downtown 1

Number of units: 194
Active listings for rent: 9
Active listings for sale: 10
Building inventory for sale: 5%
Number of sales over the last 12 months: 6
Number of sales over the last 6 months: 2
Number of sales over the last 3 months: 2
Avg. time to close over last 12 months: 69 days

Address

234 NE 3 St, Miami, Miami-Dade, FL, 33132

Link: https://

Recent Sales

Unit # Size Closing Date Sale Price PPSF
1805 685 sq ft Nov 2025 $200,000 $292
1105 685 sq ft Oct 2025 $274,000 $400
1002   May 2025 $420,000  
604 784 sq ft May 2025 $285,000 $364
2205 685 sq ft Apr 2025 $270,000 $394

Market Information

Building vs Area

Loft Downtown 1: $363/sq. ft.
Miami: $627/sq. ft.

Area vs City

Miami $627/sq. ft.
Miami-Dade $671/sq. ft.

Inventory for sale

Miami: 5%
Miami-Dade: 4%

Avg. time to close over last 12 months

Loft Downtown 1 69 days
Miami: 70 days
Miami-Dade: 77 days