Journal · Lofts Miami Real Estate
The highest price per foot of any loft building on our record is Wynwood Lofts.
By Josh Stein · Florida license SL3057661 · Updated 10 October 2026
Updated 5 October 2026 from the Miami-Dade county record. I have sold Miami lofts since 2002, and I would rather show you what buyers paid than tell you what a building is worth.
The short answer: Miami lofts sold for a median of $392,500 to $1,000,000 in the 12 months to 23 September 2026, depending on the building. Wynwood Lofts is the most expensive per square foot at $941. Parc Lofts in the Arts District sits at $626. On the Miami River, Neo Vertika and NEO Lofts are the lowest entry, at $478 and $391.
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Key Takeaways
- The highest price per foot of any loft building on our record is Wynwood Lofts: a median of $941 a square foot ($1,000,000) on 13 sales in the 12 months to 23 September 2026.
- The lowest entry is on the Miami River: NEO Lofts at a median of $392,500 ($391 a square foot) on 6 sales, and Neo Vertika at $410,000 ($478) on 17 sales, the most traded loft building on our record.
- Parc Lofts recorded 5 sales at a median of $850,000 ($626 a square foot). 62 of its 70 homes have sold more than once, with a median change of +37.3%.
- When you bought mattered more than which building. At Wynwood Lofts, 34 of the 35 homes that resold gained. At Star Lofts the round trips split 16 gained, 17 lost.
- Most of Miami’s loft stock was built between 2004 and 2007: NEO Lofts 2004, Parc Lofts 2005, Neo Vertika 2006, Star Lofts 2007.
- Small buildings trade thinly. Star Lofts and Industry Lofts each recorded one sale in the last 12 months; 250 Wynwood has none since July 2024.
- Every number here is a recorded closing, not an asking price, and each building’s page shows its full record.
The loft buildings and what buyers actually paid
These are the true loft buildings on this site’s county record: open volume, exposed structure, very few interior walls. Each name opens the building’s full record, with every resale and the round trips owners made.
| Building | Area | Built | Homes | Stories | Sales, 12 mo | Median | Per sq ft |
|---|---|---|---|---|---|---|---|
| Wynwood Lofts | Wynwood | first sold 2005 | 35 | 4 | 13 | $1,000,000 | $941 |
| Parc Lofts | Arts District | 2005 | 70 | 6 | 5 | $850,000 | $626 |
| Neo Vertika | Miami River | 2006 | 442 | 36 | 17 | $410,000 | $478 |
| NEO Lofts | Miami River | 2004 | 199 | 20 | 6 | $392,500 | $391 |
| Star Lofts | Edgewater | 2007 | 47 | 24 | 1 | too few | too few |
| Industry Lofts | Miami Beach | 1953, converted 2006 | 17 | 3 | 1 | too few | too few |
Wynwood Lofts, Wynwood
35 homes at 250 NW 23rd Street. Nearly every one was first sold in late 2005 or early 2006, at $175,000 to $405,000. Every one of the 35 has resold at least once, and 34 of them gained. 17 qualified sales closed in 2025 alone, and the record sale is $1,800,000 in September 2025 for a combined 2,162 square foot home. Full record.
Parc Lofts, Arts District
70 homes at 1749 NE Miami Court, built in 2005, on six stories. Thin trading, 11 qualified sales across four years, but a long history: 46 of the 62 homes with a round trip gained. The largest transaction on its record is $3,500,000 in April 2021, a deed that combined the 5,436 square foot penthouse with an adjoining home. Full record.
Neo Vertika, Miami River
442 homes at 690 SW 1st Court, 36 stories, built in 2006. The county records 441 of the 442 with no bedroom on file, which is consistent with an open loft plan. It is the most liquid loft building here, with 92 qualified sales in four years, and its median price per foot fell 9.9% from 2023 to 2026. Full record.
NEO Lofts, Miami River
199 homes at 10 SW South River Drive, opened in 2004. Only 22 qualified sales in four years, and a wide range of outcomes: five homes changed hands in 2011 and 2012 at $88,000 to $100,418. Full record.
Star Lofts, Edgewater
47 homes at 700 NE 25th Street, 24 stories, built in 2007: 45 standard lofts of 556 to 2,346 square feet and two penthouses. The record sale is $4,500,000 for penthouse PH 2 in April 2024. This is the building where timing hurt most: round trips split 16 gained, 17 lost. Full record.
Industry Lofts, Miami Beach
17 homes inside a 1953 Miami Beach telephone-company building at 1560 Lenox Avenue, converted in 2006. The latest sale, $845,000 for unit 303 in April 2026, came within $5,000 of the same unit’s December 2006 price. Full record.
The Filling Station Lofts and The Loft Downtown I and II are also loft buildings. They are not on this site’s county record yet, so no numbers appear here. Ask me and I will pull them for you.
Loft-style: worth knowing, but know the difference
These buildings borrow the loft idea, an open plan, inside a conventional condominium. Buy them for what they are.
| Building | Area | Built | Homes | Stories | Sales, 12 mo | Median | Per sq ft |
|---|---|---|---|---|---|---|---|
| Lofts at Mayfair | Coconut Grove | 2007 | 98 | n/a | 5 | $670,000 | $816 |
| Ten Museum Park | Downtown | 2007 | 200 | 50 | 6 | $530,000 | $656 |
| 250 Wynwood | Wynwood | 2015 | 11 | 6 | 0 | none since July 2024 | n/a |
Lofts at Mayfair in Coconut Grove is unusual: 65 of its 98 homes are the same 790 square foot plan, and that plan reached its highest price ever in June 2026, $670,000. Ten Museum Park is Chad Oppenheim’s 50-story tower on Biscayne Boulevard, completed in 2007. 250 Wynwood is eleven homes over three shops, with one recorded sale in four years.
What to check before you buy a loft
- The building’s own record, not the neighborhood’s. Loft buildings are small and their prices move on a handful of sales. Look at what your floorplan has done.
- Rental rules. They vary by building and change by association vote. Read the declaration and the current rules before you count on rental income.
- Financing. Since 3 August 2026, Fannie Mae’s Full Review applies to established condominium projects over ten units. Ask the association for the milestone inspection and reserve study early.
- Use. If you plan to work from the unit, confirm what the zoning and the association allow for that use.
Own a Miami loft?
The table above is the county’s record of what loft homes have actually sold for. Lofts are hard to price from listings, because no two floorplans are alike. Here is how to use the record.
Your three options
- Sell. Price against what comparable homes in your building have actually recorded, not against asking prices.
- Rent it out. Within your association’s rental rules, which vary from building to building.
- Hold. Know what yours would sell for today, so the timing is your decision.
What I will send you
Tell me your building and unit. I will send you the recorded sales of comparable homes in your building, what they sold for per square foot, and a straight read on what yours could sell for today.
Two free things for owners
Josh Stein, Florida real estate sales associate, license SL3057661.
FAQ
What do Miami lofts cost in 2026? On the county record for the 12 months to 23 September 2026, the median sale in Miami’s loft buildings ran from $392,500 at NEO Lofts to $1,000,000 at Wynwood Lofts, or $391 to $941 a square foot. Parc Lofts sat at $850,000 and Neo Vertika at $410,000.
What is the cheapest way into a Miami loft? On recorded sales, the Miami River buildings: NEO Lofts at a median of $392,500 and Neo Vertika at $410,000 in the 12 months to 23 September 2026. Neo Vertika also traded most often, 17 sales, so there is more to choose from.
What is the difference between a loft and a loft-style condo? A true loft is open volume with the structure exposed: concrete, ductwork, few interior walls. Loft-style buildings borrow the open plan inside a conventional condominium. Parc Lofts, Wynwood Lofts and Neo Vertika are lofts; Ten Museum Park and Lofts at Mayfair are loft-style. Both are legitimate buys at different prices.
Have Miami loft owners made money? It depends on when they bought. Parc Lofts shows a median change of +37.3% across 62 homes that sold more than once, and Neo Vertika 220 gains against 121 losses. Star Lofts split almost evenly, 16 gained and 17 lost, and most of its resales that began with a purchase before the crash closed below the earlier price.
Can I live and work in a Miami loft? Some buildings mix homes with commercial space. Industry Lofts in Miami Beach is zoned residential and commercial, and 250 Wynwood has three retail units under its eleven homes. Confirm what your intended use requires with the city and the association before you buy.
Want the record for a loft building that is not on this page, or first word when a unit comes up in one that rarely trades? Send me a message or WhatsApp (305) 695-8257. See also: Miami lofts for sale, Wynwood, Edgewater.
How has your building held its value? The Miami Condo Index ranks Miami condo buildings by their county sale records: real price per square foot, turnover and four-year change.