Experience the vibrant urban lifestyle at Loft Downtown I, situated at 234 NE 3rd St, Miami, FL 33132. Developed by Related Group and completed in 2005, this modern loft-style condominium offers one to two-bedroom residences with open floor plans and contemporary designs. Loft Downtown I features a rooftop pool, fitness center, and social lounge, providing residents with a dynamic and engaging living experience. Located in the heart of the Central Business District, residents can easily access cultural attractions, dining options, and the bustling nightlife of downtown Miami. Live in the midst of the city's energy at Loft Downtown I.
Financing a unit in this building: down payment minimums, how buyers are reviewed, and any special assessment.
Down payment
Primary 3% · Second home 10% · Investment 15%
Lender review
Full review
Right of first refusal
Status unknown — contact HOA to confirm if they hold purchasing rights
SIRS & structural compliance
✓SIRS required for this buildingYes — 23 floors
✓SIRS study completedYes
✓Reserve study reported to the stateYes
Phase 1 milestone inspectionNot verified
40-year recertificationNot verified
Permits
Permits not yet researched for this building.
Reviews & reputation
4.6
out of 5 across 56 Google reviews
Residents on Google are strongly positive -- staff named and praised extensively across multiple long-tenured residents (5+ years), several converting from renter to owner. No structural, safety, or management complaints found in this sample -- one of the best-regarded buildings in this dataset.
Summaries are synthesized by Allioo from public review signals, not direct quotes from residents.
Market
Median sold price
Not available
Sold prices not yet available
Median sold $/sqft
Not available
Sold prices not yet available
Median rent
$2,521
As of April 2026
Bedroom-level sold data not yet available for this building.
Sold figures are from the Miami-Dade Property Appraiser. Each unit type uses the three most recent months with recorded sales. Median rent is from the MLS and may be delayed. Full stats
Frequently asked questions
Owners may rent their units a maximum of twelve (12) times per year. No lease can be less than thirty (30) days. · 12 months minimum
Yes · 25lbs weight limit · 2 pet max
Water, sewer and trash removal.
SIRS is required (3+ stories): Yes. Study completion and state reporting — verify with the HOA before closing.
Review type: ["Full Review"]. Typical primary residence minimum shown: 3%. Actual requirements vary by lender and loan program.
Status unknown — contact HOA to confirm if they hold purchasing rights
Property manager not on file with Allioo. Association direct line: 305-358-6768.
Data on this page is for informational purposes only and may be outdated or inaccurate. Confirm fees, rules, SIRS status, and other details directly with the building association before you buy or lease.
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