Loft Downtown I · #1602

Loft Downtown I (recorded as The Loft Downtown Condo, also called The Loft or Loft 1) is a loft-style condominium tower at 234 NE 3rd Street in Downtown Miami, across from the Miami Dade College Wolfson Campus and the College/Bayside Metromover station. Miami-Dade property records list a 2005 year built, making it the first of the two Loft buildings; its larger sister tower, Loft Downtown II, stands nearby at 133 NE 2nd Avenue. County records list 194 residences: 176 units on floors two through 22 (there is no 13th floor), with seven to nine units per floor, plus 18 penthouse units split between a lower and an upper penthouse level (LPH and UPH), and one commercial unit. Loft Downtown condos are mostly open one-bedroom lofts of about 625 to 785 square feet, with two-bedroom, two-bath residences of about 1,055 to 1,185 square feet in MLS records. Typical finishes include polished concrete floors, exposed concrete ceilings of about 10 feet (up to about 13 feet in some units), floor-to-ceiling windows, Italian cabinetry, stainless steel appliances, stackable washers and dryers and balconies. Several owners have added walls to turn open lofts into enclosed one-bedroom layouts, and the penthouse levels offer higher ceilings and more open views. Building amenities include a pool, a fitness center with sauna and steam room, a party room and recreation room with billiards, a business center and a 24-hour front desk with concierge and security. Parking is not inside the building: owners and tenants rent covered spaces in the garage across the street, which listings quote at about $60 a month. Rental listings often include water, trash and internet in the rent. The location is one of the most walkable in Downtown Miami: Miami Dade College, Bayside Marketplace, Bayfront Park, the Kaseya Center, Miami Worldcenter and the Adrienne Arsht Center are all within walking distance, and the Metromover connects to Brickell, Metrorail and Brightline's MiamiCentral station. Loft Downtown I is primarily a rental and entry-level ownership building. MLS records most often show up to 12 leases a year, and pet rules vary by listing, so buyers should confirm current association rules. As of October 2026, 11 Loft Downtown condos were listed for sale at asking prices from about $275,000 to $490,000, and 35 Loft Downtown condos for rent were advertised at about $1,990 to $4,500 a month; the two sales recorded in the prior 12 months closed at about $200,000 and $270,000. Request current availability and recent sales through the building page.