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.
Owners may rent their units a maximum of twelve (12) times per year. No lease can be less than thirty (30) days.
Pets
Yes · 25lbs weight limit · 2 pet max
HOA & financial
Application fee
Not on file
Approval timeframe
Not on file
Special assessment
Not on file
Reserves
Not on file
HOA fee includesWater, sewer and trash removal.
Avg HOA / month (MLS)$998
Lender & purchase requirements
3%
primary residence
10%
second home
15%
investment
Review type["Full Review"]
Right of first refusalStatus unknown — contact HOA to confirm if they hold purchasing rights
Down payment notesNot on file
Actual down payment requirements vary by lender and loan program. Confirm current terms with your lender before making an offer.
Florida condo reform & structural compliance
Verify compliance with HOA before closing.
✓
SIRS required (3+ stories)
Building meets the state's 3-story threshold for a Structural Integrity Reserve Study
YES
✓
SIRS study completed
Study marked complete in Allioo records
YES
✓
SIRS reported to state
Reported to the state
YES
Phase 1 milestone inspection
Not confirmed in public records
VERIFY WITH HOA
✓
40-year recertification
Date on file: Date not confirmed — verify with association or local municipality
ON FILE
Florida law note: SB 4-D requires condo associations with buildings 3+ stories to complete a SIRS and fund reserves accordingly. Contact the association for full reserve disclosure before closing.