What is the asking price and what does it include?

The list price for 234 NE 3rd St # 905, Miami FL 33132 is $319,000. The property is a Condominium with 1 bedrooms, 1 bathrooms, approximately 685 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 234 NE 3rd St # 905, Miami FL 33132 in Miami, 33132. Coordinates are approximately , . Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 319,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 234 NE 3rd St # 905, Miami FL 33132.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

234 NE 3rd St # 905, Miami FL 33132 | Miami-Dade County

Residential Active

234 NE 3rd St # 905, Miami FL 33132 | Miami-Dade County | A12030533

$319,000

Description

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.

Address

Open on Google Maps

Address: 3rd St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33132
Area: THE LOFT DOWNTOWN CONDO

Details

Updated on June 3, 2026 at 6:34 pm

Property ID A12030533
Price $319,000
Property Size 685 Square Feet
Bedroom 1
Bathroom 1
Garage 1
Year Built 2005
Type Condominium
Property Status Residential

Additional details

AssociationAmenities Other
AssociationFee 640
AssociationFeeFrequency Monthly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaTotal 685
BuildingAreaUnits Square Feet
BuildingName THE LOFT DOWNTOWN CONDO
ConstructionMaterials Other
ContractStatusChangeDate 2026-06-03
Cooling Other
CoveredSpaces 1
DaysOnMarket 0
EntryLevel 9
ExpirationDate 2027-08-31
Flooring Ceramic Floor
Heating Other
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Washer/Dryer Hook-Up
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-223-2270
LotSizeSquareFeet 0
MLSAreaMajor The Loft Downtown Condo
MajorChangeTimestamp June 3, 2026 at 07:49pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp June 3, 2026 at 09:03pm
NumberOfUnitsInCommunity 194
NumberOfUnitsTotal 194
OnMarketDate 2026-06-03
OriginalEntryTimestamp June 3, 2026 at 07:49pm
OriginalListPrice 319000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-41-37-051-0950
ParkingFeatures 1 Space
PhotosCount 0
PostalCode 33132
PostalCodePlus4 2238
PriceChangeTimestamp June 3, 2026 at 07:49pm
PublicSurveyRange 41
PublicSurveySection 37
PublicSurveyTownship 41
RoomsTotal 0
SecurityFeatures Other
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 504302724
StateOrProvince FL
StatusChangeTimestamp June 3, 2026 at 07:49pm
StoriesTotal 24
StreetDirPrefix NE
StreetName 3rd St
StreetNumber 234
StreetNumberNumeric 234
StructureType Condo 5+ Stories, Condo
SyndicationRemarks 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.
TaxAnnualAmount 4335
TaxLegalDescription THE LOFT DOWNTOWN CONDO UNIT 905 UNDIV 0.0042629081% INT IN COMMON ELEMENTS OFF REC 23989-1281 COC 26530-3327 07 2008 5
TaxYear 2025
UnitNumber 905
View Other View
YearBuiltDetails Resale