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234 NE 3rd St # 905, Miami FL 33132

Condo/Co-op For Sale
$319,000

BTC: 5.01572327

ETH: 167.66177522

59 days
1 bds
1 ba
685 sqft

Overview

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 Worldcenter 20 minutes from Miami International Airport Close to Brightline, Metromover, restaurants, shopping, entertainment, and Miami's business district This 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

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
2005
Lot:
No Data
Heating:
Other
Price/sqft:
$466
Cooling:
Other
HOA:
$640

Valuation

Our model vs. what's actually selling nearby.
Estimate
$355,000
$232K – $510K
Confidence Low
List vs. estimate
$36K below estimate
List $319,000 · -10.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$465
-17.2% vs. city median $562
Based on
1893 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $582K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,335
2025
HOA
$640/mo
View
Other View
Garage
1 car garage
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Other

    Cooling

    • Other

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Property

    • Exterior Features: Other

    Other Property Information

    • Parcel Number: 01-41-37-051-0950

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $640

    • HOA Frequency: Monthly

    • Annual tax amount: $4,335

  • Source details

    • MLS ID: A12030533

    Other facts

    • Construction Materials: Other

    • Laundry Features: Washer/Dryer Hook-Up

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 685

    • 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: Keller Williams Realty Miami Beach