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234 NE 3rd St # 602, Miami FL 33132

Condo/Co-op For Sale
$395,000

BTC: 5.02225048

ETH: 156.09563327

32 days
2 bds
2 ba
1,078 sqft

Overview

Experience the best of downtown living from this spacious 2 Bedroom, 2 Bath corner unit at The Loft Downtown. Located on the 6th floor, this 1,078 sqft residence features soaring loft-style ceilings, an open concept layout, split bedroom floorplan, and expansive windows that flood the space with natural light while showcasing stunning city and bay views. The kitchen flows seamlessly into the living and dining areas, creating an inviting space for everyday living and entertaining. Additional highlights include a private balcony, walk-in closets, and in-unit laundry. Residents enjoy secured entry, 24-hour concierge service, a pool, fitness center, sauna, and community room. The building is VA approved and has passed its SIRS report. With a flexible rental policy allowing up to 12 leases per year, this is an attractive opportunity for both homeowners and investors. Ideally positioned within walking distance to Bayside Marketplace, Bayfront Park, Kaseya Center, the MetroMover, and the restaurants, shops, and vibrant energy that Downtown Miami has to offer.

Location

Details

Type:
Residential
Parking:
1 Space / Additional Spaces Available / Space Rented
Year Built:
2005
Lot:
No Data
Heating:
Central
Price/sqft:
$366
Cooling:
Central Air
HOA:
$1,288

Valuation

Our model vs. what's actually selling nearby.
Estimate
$525,000
$340K – $735K
Confidence Low
List vs. estimate
$130K below estimate
List $395,000 · -24.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$366
-35.5% vs. city median $568
Based on
2529 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $555K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,685
2025
HOA
$1,288/mo
View
Bay, Skyline
Garage
1 car garage
All facts and features
  • Flooring

    • Concrete

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Refrigerator

    Other interior features

    • Built-in Features

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Additional Spaces Available

    • Space Rented

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-051-0270

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,288

    • HOA Frequency: Monthly

    • Annual tax amount: $5,685

  • Source details

    • MLS ID: A12070001

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction / Slab Construction

    • Laundry Features: Utility Room/Laundry

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass

    • Architectural Style: Corner Unit

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1078

    • Subdivision Name: THE LOFT DOWNTOWN CONDO

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty