SIRS Compliant ✓["Full Review"]4.6 out of 5 (Google)
Building Photo
Loft Downtown I
234 Northeast 3rd Street·Miami·FL·33132-2215
Downtown Miami
Total Units
193
Floors
23
Year Built
2005
Bedrooms
1 to 2
Unit Size (sqft)
625 to 1,185
Allioo Score
4.6
Building Overview
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.
Building Details
Association Name
LOFT DOWNTOWN CONDO ASSN
Association Phone
305-358-6768
Year Built
2005
Total Floors
23 Floors
Total Units
193 Units
Architect / Designer
—
Bedrooms
1 to 2
Unit Size Range
625 to 1,185
Neighborhood
Downtown Miami
Folio Number
—
Full Address
234 Northeast 3rd Street, Miami, FL, 33132-2215
Amenities & Lifestyle
Beautiful two-story lobby with 24-hour concierge Fitness center with the latest strength and cardiovascular equipment Steam room and sauna Covered parking Courtyard area with plunge pool Multi-function club room with state-of-the-art entertainment center and lounge
Rental Restrictions
Owners may rent their units a maximum of twelve (12) times per year. No lease can be less than thirty (30) days.
Pet Policy
Yes · 25lbs weight limit · 2 pet max
HOA & Financial
Avg HOA / Month
—
Application Fee
—
Approval Timeframe
—
Special Assessment
No current info — ask association if any assessments are planned or in progress.
HOA Fee Includes
Water, sewer and trash removal.
Reserve Status
Information not yet gathered — ask the association for reserve details
Lender & Purchase Requirements
Condo Review Type
["Full Review"]
Conventional financing may be available subject to lender condo questionnaire and underwriting.
Minimum Down Payment by Occupancy
3%
Primary Residence
10%
Second Home
15%
Investment
Right of First Refusal
Status unknown — contact HOA to confirm if they hold purchasing rights
Down Payment Notes
Not disclosed — down payment requirements vary by lender and building
Florida Condo Reform & Structural Compliance
SIRS Compliant
This building has completed its Structural Integrity Reserve Study as required by Florida SB 4D (2022).
SIRS Required (3+ stories)✓ Yes
SIRS Study Completed✓ Yes
SIRS Reported to State✓ Yes
Phase 1 Milestone InspectionVerify with HOA
40-Year RecertificationDate not confirmed — verify with association or local municipality
Florida Law Note: SB 4D (effective Dec 31, 2024) requires all condo associations with buildings 3+ stories to complete a SIRS and fund reserves accordingly. Contact the association for full reserve disclosure and inspection phase reports before closing.