Home » Miami » The Loft Downtown at 234 3rd St Miami » 234 NE 3rd St 507, Miami, FL 33132 | A11359136

Sold 234 NE 3rd St 507, Miami, FL 33132

$465,000
closed for a price of $410,000

Property Highlights

Listing ID A11359136 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,185 Sqft/110.09 m2 approx. Building Area 1,185 Sqft/110.09 m2 approx. Year Built 2005 Lease Term Minimum Duration: 30 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 30 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 193 Days

234 NE 3rd St 507, Miami, FL 33132

Property Description: The Loft 1 is a high-rise condominium tower located in the heart of downtown Miami & boasts 12 foot ceilings & great views of the west city skyline. This Loft has 1 enclosed Bedroom and the 2nd bedroom is open concept. A sleek queen size murphy bed is in the open concept bedroom and creates storage and floor space. The Loft 1 offers a fitness center, a plunge pool, a spa, sauna and a 24-hour concierge/security service. Additionally, the building is located just steps away from some of the city 's best restaurants, shopping, and entertainment options.Overall, this contemporary condo/loft offers the perfect blend of luxury, convenience, and comfort, making it an ideal choice for anyone looking to experience the best urban lifestyle that downtown Miami has to offer.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$475,000
Original List Price:$490,000
Close Price:$410,000
More Listings Same Building:The Loft Downtown at 234 3rd St Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Concrete
Number of stories:24
Number of Units in the Community or Building:193
Possible Use:
  • Investment

Property Features

View from the Property:
  • City
Waterfront:No
Security:
  • Smoke Detector(s)
  • Security Guard
  • Lobby Secured
  • Closed Circuit Camera(s)
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Closet Cabinetry
  • Other
Exterior Features:
  • Privacy Wall
Window Features:
  • Impact Glass
Green Energy Efficient:
  • Windows
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • West

Taxes and Expenses

Tax Annual Amount:$1,450

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$1,060
Association Fee 3rd HOA Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Conventional
Occupant Type:
  • Owner
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Dogs Ok
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Sauna
  • Trash
  • Clubhouse
  • Elevator(s)
  • Fitness Center
Subdivision Name:THE LOFT DOWNTOWN CONDO
Association Fee Includes:
  • Water
  • Trash
  • Security
  • Common Areas
  • Internet
Complex Name:The Loft I
Senior Community:No
Restrictions: OK To Lease
Membership Required:Yes

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • Covered
  • Open
  • Underground

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewSkyline View
Housing Older Persons ActNo HOPA
Buy StateFlorida
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease30
Type of Governing BodiesCondominium
Tax InformationTax Reflects Homestead Tax
Buyer Country of ResidenceOther
Number of times allowed to lease per year12
Flood ZoneX
Building Number234
Homeowner's Association Application Fee100
Style Condo 5+ Stories
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number51

Zoning and Legal

Tax Legal Description:THE LOFT DOWNTOWN CONDO UNIT 507 UNDIV 0.007000961 % INT IN COMMON ELEMENTS OFF REC 23989-1281 OR 21981-4685 0104 2 COC 24172-1941 01 2006 1
Real Estate Folio Number (Parcel Number):01-41-37-051-1340
Public Survey Township:1
Public Survey Range:41
Public Survey Section:37
Title to the property is held by owner as:
  • Self Proprietor/individual

Listing History

Update/EventDate/Days
Published Date:March 19, 2023 2:08 pm
On Market Date:March 19, 2023
Close Date:September 28, 2023
Price Change Date Time:June 26, 2023 8:40 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 29, 2023 3:30 pm
Status Last Changed:September 29, 2023 3:30 pm
Photos Last Modified:March 19, 2023 6:18 pm
Last Modified:September 29, 2023 7:31 pm
Days on the Market (updated on Last Modified*):156
Cumulative Days on the Market (updated on Last Modified**):156

Additional Information

Unit Location:High Rise
Number of Photos:53
Location:,,
Included:,,
Area:41
Automated Valuation Display:Yes
Courtesy of:Broker 305
Universal Property Id:US-12025-N-0141370511340-R-N

Location

Show Property Address:Yes
Street Name:3rd St
Street Number:234
Street Direction Prefix:NE
Street Address:234 NE 3rd St 507
Unit Number:507
City : Miami
State : Florida
Zip Code : 33132
County : Miami-Dade County
Full Address:234 NE 3rd St 507, Miami, FL 33132
Latitude:N25° 46' 36.8''
Longitude:W81° 48' 37.2''

Neighborhood

Postal City:Miami
City Region:Brickell

Property Map

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