234 NE 3rd St # 905, Miami FL 33132, MIAMI, FL, 33132
Active68 days on marketListed Jun 3, 2026MLS #A12030533
About this home
234 NE 3rd St # 905, Miami FL 33132
Located in the highly desirable The Loft Downtown, this beautifully maintained residence offers a unique opportunity to own a true one-bedroom apartment in the heart of Downtown Miami. Originally designed as a loft-style unit, the current owner thoughtfully reconfigured the layout by adding a full wall separating the living area from the bedroom, creating a genuine one-bedroom floor plan while preserving the open and modern feel of the space. The apartment is approximately 685 square feet, is in excellent condition, and features a bright living area, modern kitchen, spacious bedroom, and city views. Residents also enjoy access to a convenient laundry facility on the ground floor. The Loft is a well-managed and well-maintained building ideally located just: 5 minutes from Kaseya Center (formerly American Airlines Arena) 5 minutes from Miami Worldcenter 20 minutes from Miami International Airport Close to Brightline, Metromover, restaurants, shopping, entertainment, and Miami's business district This property is an excellent option for both investors and end users seeking a centrally located Miami residence. Investment Opportunity The unit is currently leased for $2,500 per month The tenant is scheduled to vacate in December 2026, providing immediate rental income with future flexibility for owner occupancy or repositioning. A rare opportunity to own a true one-bedroom residence in one of Downtown Miami's most convenient and rapidly growing neighborhoods in <a href="https://maxmlekus.com/" style="color:inherit; text-decoration:none;">Miami</a>
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
685
Sqft
1
Garage
2005
Year built
$466
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,180 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,180/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−14.8%
$/sqft vs Miami actives
$466 vs $513
Days on market
68 vs 66 typical
Where $466/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Downtown
Get to know Miami. See the full Miami guide →
Downtown — neighborhood snapshot
Population
24,316
Median age
38
Median income
$108,427
Median home value
$557,583
Avg household
2
Households w/ children
1,166
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 22% below the MIAMI 33132 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 234 NE 3rd St # 905
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$274,000
234 NE 3rd St # 1105, Miami FL 33132 · same community
1 bd · 1 ba · 685 sqft · $400/sqft · 52 DOM
Sold · Nov ’25$200,000
234 NE 3rd St # 1805, Miami FL 33132 · same community
1 bd · 1 ba · 685 sqft · $292/sqft · 36 DOM
Sold · Dec ’25$360,000
2021 SW 3rd Ave # 903, Miami FL 33129
1 bd · 1 ba · 698 sqft · $516/sqft · 22 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 234 NE 3rd St # 905 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 234 NE 3rd St # 905 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
234 NE 3rd St # 905 FAQs
What would the monthly payment be for 234 NE 3rd St # 905, Miami FL 33132?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,180/mo — principal and interest, the actual property-tax bill, the $640/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 234 NE 3rd St # 905, Miami FL 33132?+
The association fee works out to $640 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 234 NE 3rd St # 905, Miami FL 33132?+
The most recent tax bill on record (2025) was $4,335. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $319,000, this home is listed about 48% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 234 NE 3rd St # 905, Miami FL 33132?+
Frederick R. Douglass Elementary (elementary), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Jose De Diego Middle School (middle), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the MIAMI 33132 market on paper
$319,000 is 22% below the MIAMI 33132 median of $410,000, and at $466/sqft it sits under the Miami average of $651.
02Other View views
The other view view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $640/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
Keep looking
Similar homes nearby
Listing courtesy of Keller Williams Realty Miami Beach · Massimiliano Mlekus. MLS #A12030533.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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