Miami Lofts · South of Fifth · Manhattan Lofts
Every home in the building has an exact twin.
By Josh Stein · Florida license SL3057661 · Updated 12 October 2026Leer en español →
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Last updated 27 seconds ago
Verified 24 September 2026Miami-Dade County Property Appraiser1 source
Building facts
- Address
- 900 Fourth Street
- Neighborhood
- Miami Beach
- Year built
- 2004
- Floors
- 4
- Residences
- 6
- Status
- Delivered — completed 2004
Key Takeaways
- Manhattan Lofts recorded only one sale in the 12 months to 24 September 2026 — on the Miami-Dade County Property Appraiser record, too few for a reliable median. The latest recorded sale was on 7 October 2025. Own at Manhattan Lofts? Ask Josh what yours would sell for on WhatsApp.
- Every home in the building has an exact twin — three floorplates, exactly two of each — 1,164, 1,196 and 1,251 square feet. Six homes, all two-bedrooms. That symmetry makes the price record unusually easy to read.
- The building peaked in February 2022 — $1,200,000 for a 1,196 sq ft home — $1,003 per square foot, the only time this building has cleared $1,000 a foot.
- The most recent sale is below the same home’s 2021 price — a 1,164 sq ft home sold for $1,050,000 in October 2021 and sold again for $950,000 in October 2025 — down 9.5% across four years, on the same home.
- One plan rose 85% in under two years before that — the 1,196 sq ft home went from $650,000 in March 2020 to $1,200,000 in February 2022. The same apartment, twenty-three months apart.
- It sold out in 2005 at about half of today’s per-foot price — all six homes traded in March 2005 between $334 and $420 per square foot. The most recent sale is $816.
- Everything at this address in the declaration is a home — six folios, six homes, and the common-element shares close at exactly 100.0000%. No commercial unit, no parking folio, no reference folio.
Manhattan Lofts, by the numbers
Source: the building record on this site.
900 Fourth Street, Miami Beach, Florida 33139 | Neighborhood: South of Fifth
The Manhattan is six homes built as three matched pairs. Every apartment in it has an exact twin, which means the building can answer a question most cannot: when a home sells again, or its twin sells years later, the difference between the two prices is time and nothing else. The most recent resale is a lower number.
What the county records at 900 4th Street
The Miami-Dade County Property Appraiser records six folios in the declaration THE MANHATTAN CONDO at 900 4th Street. All six are homes. There is no commercial folio, no parking folio and no reference folio, and the common-element shares close at exactly 100.0000% — the pull is the whole building.
The six homes are 1,164, 1,196 and 1,251 square feet, two of each, and all six are two-bedrooms. The size range across the entire building is 87 square feet.
For 2026 the county assesses them from $742,530 to $817,164, a median of $776,841 — a spread of about 10%, which tracks the size difference closely.
Three floorplates, six homes, and what the twins show
Because each plan exists twice, sales of the same plan in different years are as close to a controlled comparison as a small building can offer.
The 1,164 sq ft plan:
| Date | Price | $/sq ft |
|---|---|---|
| March 2005 | $389,264 | $334 |
| March 2005 | $477,000 | $410 |
| July 2007 | $730,000 | $627 |
| June 2008 | $682,000 | $586 |
| September 2010 | $650,000 | $558 |
| March 2014 | $900,000 | $773 |
| October 2021 | $1,050,000 | $902 |
| October 2025 | $950,000 | $816 |
That last line is the building’s most recent sale, and it is 9.5% below the same home’s 2021 price. Four years, the same apartment, and a lower number.
The 1,196 sq ft plan moved the other way in the years before it: $650,000 in March 2020, then $1,200,000 in February 2022 — a rise of 85% in twenty-three months, and the highest price and highest per-foot figure the building has recorded.
The 1,251 sq ft plan is the most-traded: $525,000 on each of two homes in March 2005 and $790,000 in September 2005, $800,000 in 2007, $762,300 in 2008, $600,000 in 2010, then $935,000, $950,000 and $935,000 across 2015 and 2016, $800,000 in 2021 and $1,100,000 in April 2023.
Read together, the three plans show a sharp run-up into early 2022. The two sales since, April 2023 at $879 a foot and October 2025 at $816, were both below the 2022 peak of $1,003, but two sales are not a trend.
The price record
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 1 | $1,100,000 | $879 |
| 2024 | 0 | — | — |
| 2025 | 1 | $950,000 | $816 |
| 2026 to date | 0 | — | — |
Two sales in four years. Those rows are one transaction each and are not price levels. The building’s full record runs to 26 qualified sales since 2005, which is where the pattern above comes from.
The building sold out in March 2005, all six homes in one month at $334 to $420 per square foot. By mid-2007 the same plans were trading at $619 to $639 — then fell back to $480 to $558 by 2010.
Who this building suits, and who it does not
It suits a buyer who wants a genuine comparable. That is rare in a six-home building and it exists here because every plan is duplicated. If you are buying the 1,164, you can see exactly what the plan did in 2005, 2007, 2008, 2010, 2014, 2021 and 2025.
It suits a two-bedroom buyer in South Beach who wants a small building. Six homes, all two-bedrooms, all within 87 square feet of each other. There is no studio and no penthouse here.
It suits badly a seller expecting 2022 pricing. The most recent evidence is a home selling for less than the same home did four years earlier. That is one sale and should not be over-interpreted, but it is the only recent evidence there is.
And it suits badly a buyer who needs to move quickly. Two sales in four years across six homes means what is available is whatever is available.
If you are selling here: your comparable is your own twin, and you should use it directly rather than a building average built on 87 square feet of variation. Be realistic about the recent direction — the October 2025 sale at $816 per foot is the most current fact about this building, and it sits well below the $1,003 set in February 2022.
The Manhattan — Frequently Asked Questions
How many units are in The Manhattan?
Six. The county records six folios in THE MANHATTAN CONDO at 900 4th Street, all residential homes, and the declaration’s common-element shares close at exactly 100.0000%.
What floorplans does The Manhattan have?
Three, and each exists twice: 1,164, 1,196 and 1,251 square feet. All six homes are two-bedrooms, so every apartment in the building has an exact twin.
What is the highest price paid at The Manhattan?
$1,200,000, in February 2022, for a 1,196 sq ft home at $1,003 per square foot — the only time the building has exceeded $1,000 a foot.
What was the most recent sale at The Manhattan?
$950,000 in October 2025, for a 1,164 sq ft home at $816 per square foot. The same home sold for $1,050,000 in October 2021, so it traded 9.5% lower four years later.
How often do homes sell at The Manhattan?
26 qualified sales since 2005, but only two in the last four years. In a six-home building long gaps are normal.
Own at Manhattan Lofts?
If you own here, this page already carries the county’s record of what homes in Manhattan Lofts have sold for. Here is how to use it.
Your three options
- Sell. Price against what comparable homes in the building have actually recorded, not against asking prices.
- Rent it out. Within the condominium’s rental rules, which vary from building to building.
- Hold. Watch the record: this page is updated from the county as new sales are posted.
What I will send you
Tell me your unit. I will send you the recorded sales of comparable homes in Manhattan Lofts, what they sold for per square foot, and a straight read on what yours could sell for today.
Two free things for owners
Sources and further reading
Interested in selling at The Manhattan?
Learn more about selling your condo at The Manhattan Lofts with Josh Stein.
Thinking about Manhattan Lofts?
I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after.
Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comGet this building’s next recorded sale — before the listing sites catch up
- Every closed sale we can verify from the Miami-Dade record — price, date, and $/sqft when the deed supports it — not an IDX feed.
- Optional alert when a new deed posts in this building (or a short list of comps you choose).
- No spam inventory blasts. One building. One record. You decide what happens next.
Tell Josh which building. He’ll send the latest closed sales and set a quiet alert.
Get the sales recordFrequently asked questions
Are there real converted-warehouse lofts in Miami?
Very few. Parc Lofts at 1749 NE Miami Court is described in the trade as one of the few true industrial-loft buildings in Miami, with 15-foot ceilings on floors one to four and 20-foot ceilings on floors five and six. Most Miami buildings marketed as lofts, including Neo Lofts, Filling Station Lofts, Wynwood Lofts and Loft Downtown I and II, are purpose-built new construction in a loft aesthetic dating from 2002 to 2016.
How much does a loft cost in Miami?
Downtown loft-style condominiums start around $282,000 to $307,000 and average $414 to $451 per square foot across Neo Lofts, Loft Downtown I and Loft Downtown II, on 2026 data. Large-format industrial lofts sit far higher: Parc Lofts runs roughly $1.3 million to $3.0 million at about $756 per square foot for units of 1,970 to 3,774 square feet.
Are Miami lofts good value compared with condos?
On a per-square-foot basis, clearly. Downtown loft product trades at roughly $414 to $451 per square foot while the Downtown luxury condo segment ran $730 per square foot in Q1 2026. Carrying costs are lower too: Loft Downtown II has an HOA near $0.93 per square foot per month against $4 to $7 in South Beach trophy towers.
Which Miami neighborhoods have lofts?
The concentrations are Downtown Miami with Loft Downtown I and II, the Arts and Entertainment District with Parc Lofts and Filling Station Lofts, Wynwood with Wynwood Lofts, Edgewater with Star, Bay and Uptown Lofts, and the Miami River and Brickell edge with Neo Lofts. South Beach has a small cluster of boutique loft buildings including Ilona Lofts and Montclair Lofts, and Coconut Grove has Lofts at Mayfair.
What are the largest lofts in Miami?
Parc Lofts has the largest floorplates of any loft building in the city, with units from 1,970 to 3,774 square feet. Filling Station Lofts runs 832 to 1,639 square feet with 18-foot ceilings. Most Downtown loft towers top out near 1,150 to 1,185 square feet.
Why does nobody build new lofts in Miami anymore?
Land economics. Edgewater and Brickell luxury condos traded at $978 and $950 per square foot in Q1 2026 while loft product trades near $420. A four to six-storey building with 35 to 70 units cannot compete for the same land as a 40-storey tower, and 20-foot ceilings consume roughly two conventional floors of height under fixed limits. No meaningful loft supply has been added since about 2016.
How long do Miami lofts take to sell?
Loft Downtown II averaged 129 days on market over the six months ending July 2026, with sold prices averaging $422 per square foot against an asking average of $451. Downtown carried 46 months of luxury inventory in Q1 2026, the highest in Greater Downtown, which gives buyers meaningful negotiating room.
Who buys lofts in Miami?
Three groups. Creative professionals, since Parc Lofts is documented as a favourite among photographers, musicians and artists and Wynwood Lofts is marketed as a live/work building. Entry-point urban buyers, because Downtown lofts start below $310,000 against a $425,000 Miami-Dade condo median. And rental investors attracted by the low HOA structure, with Loft Downtown II listing 17 units for rent against 15 for sale in July 2026.
Related coverage
Part of Miami Lofts.