Parc Lofts

Seventy Homes in the Arts District, Including One Triple-Combined Residence

I pulled all 70 folios the Miami-Dade County Property Appraiser has on file for Parc Lofts at 1749 NE Miami Court, Miami, FL 33132, in the Arts District. The declaration closes at 98.9094% on the county’s common-element share test — short by roughly one unit’s worth of common-element share, but the shortfall traces to a single combined folio the county never fully summed, not to a missing home. Folio 01-3136-086-0130 is legally described as “Unit 212 & 213 & 214” — three original units combined into one — and carries only two of the three undivided shares the county’s own declaration should record; the third was apparently never added when the units were merged. That is a roll error, not evidence of an absent unit, and it is also the folio behind the one recorded 3-bedroom count in the building: every other one of the 70 homes shows 0 bedrooms on the county record.

Heated area runs from 679 to 5,436 square feet, median 1,267 — a wide range driven by that combined unit (3,609 sq ft) and the building’s freestanding penthouse, unit 501 (5,436 sq ft). Six floorplates account for most of the building: 1,267 sq ft (12 homes, 17.1%), 1,203 sq ft (9, 12.9%), 757 sq ft (5, 7.1%), and 1,970, 1,906 and 1,605 sq ft (3-4 homes each).

On the 2026 tax roll, assessed values run from $103,521 to $1,772,840 across the 70 homes, with a median of $584,137.

I don’t have a confirmed year built, story count, architect or amenity list for this building beyond what the county record carries — none of that is in the property record, and I’d rather say so than fill it in from a listing site.

Eleven Sales in Four Years: A Real but Thin Direction

Eleven qualified sales have closed across the whole four-year span, as few as one or two in three of the four years — right at the edge of what I’d treat as a usable sample rather than confidently call thin. Within that limit, median $/sq ft moved from $603 in 2023 to $695 in 2026 to date, up 15.3%, and it never dipped below $603 in any year — a direction I’d call probably real, even if I wouldn’t lean hard on the exact size of the move given how few sales sit behind it. Against 70 homes, that’s a turnover of roughly one home in 25 each year. 2026 is an incomplete year.

The building’s current-window record is $2,400,000, closed 3/28/2024, for a 3,078 sq ft home at unit 604 — $780 per square foot. It’s also the third time that same unit has traded in this record: $1,150,000 in 2017, $1,700,000 in 2021, and $2,400,000 in 2024, each sale higher than the last.

What Is Parc Lofts’ Real Record Sale?

Unit 604’s $2,400,000 is the building’s highest single-unit sale, but it isn’t the largest dollar figure on the record. On 4/29/2021, a $3,500,000 deed closed spanning two different units at once: the building’s freestanding penthouse, unit 501 at 5,436 square feet, together with an adjoining 1,605 sq ft home, unit 402. The county flags the sale itself as a multi-parcel deed, which is exactly what it looks like — one buyer, one closing, two connected homes — rather than a portfolio of unrelated units. Combined, the two total 7,041 square feet, working out to $497 a square foot across the pair. I’m not counting it toward any of the building’s per-square-foot figures above, since dividing it by either unit’s individual footage alone would misstate the rate, but at $3,500,000 it is the largest transaction in this building’s county record, and worth knowing if you’re comparing this building’s ceiling to another’s.

Looking at homes bought and later resold, both legs a qualified transaction over $10,000: 62 of the building’s 70 homes (88.6%) have one. 46 sold for more than the previous owner paid, 15 sold for less, and 1 closed at an identical price. The median change across all 62 is +37.3%, over a median 14.3-year hold; among the 46 gainers alone the median gain is 55.1%. The range runs from -59.5% to +381.8%. Five qualified sales here, from 2005 through 2013, closed at $78 to $116 a square foot — a fraction of today’s band — and account for most of the building’s largest losses, including a 757 sq ft home bought for $185,000 in 2005 that sold for just $75,000 in 2010, -59.5%.

Who Parc Lofts Suits, and Who It Doesn’t

Parc Lofts suits a buyer who wants real size variety in one Arts District building — from 679 sq ft studios to a 5,436 sq ft penthouse — and who’s comfortable with a building large enough, 70 homes, that its own record includes a genuine multi-million-dollar combined-unit sale. It also suits a buyer who trusts a moderate, real trend: $/sq ft has risen in every year of the current window with no dip.

It suits buyers badly who need a high volume of current comparables — 11 sales in four years across 70 homes is thin liquidity for a building this size, and a buyer’s agent will likely have to reach outside the current window for same-size comparables. The building’s 2005-2013 sales, at a fraction of today’s rate, are also on the record for anyone negotiating hard.

If you are selling: price off the $603-$780 four-year $/sq ft band and your unit’s specific floorplate — this building has too much size variety for one number to apply evenly. If you own the combined triple unit (212/213/214) or the penthouse, treat your comparables as building-specific rather than assuming the standard band applies.

Parc Lofts — Frequently Asked Questions

How many homes are in Parc Lofts?

The Miami-Dade County Property Appraiser lists 70 folios for Parc Lofts at 1749 NE Miami Court, Miami, FL 33132, all residential homes — the largest building profiled in this cluster.

Why does one unit at Parc Lofts show 3 bedrooms when the rest show none?

That folio (01-3136-086-0130) is legally described as “Unit 212 & 213 & 214” — three original units combined into one 3,609 sq ft residence. Every other home in the building shows 0 recorded bedrooms on the county record.

Has median $/sq ft at Parc Lofts gone up or down recently?

It rose 15.3% from 2023 to 2026, $603 to $695, and never dipped below $603 in any year of the window. With only 11 sales across the four years, I’d call the direction probably real but not lean hard on the exact size of the move.

What is the highest price a single unit has sold for at Parc Lofts?

Unit 604, 3,078 sq ft, sold for $2,400,000 in March 2024 — $780 per square foot, the third time that unit has traded since 2017, each sale higher than the last.

What is Parc Lofts’ largest recorded transaction?

$3,500,000, closed April 2021 — one deed combining the building’s freestanding penthouse (5,436 sq ft, unit 501) with an adjoining 1,605 sq ft home (unit 402). The county flags it as a genuine multi-parcel sale, not a portfolio of unrelated units.

Do owners at Parc Lofts typically make or lose money?

Of the building’s 70 homes, 62 (88.6%) have a documented round trip: 46 gained, 15 lost, 1 identical. The median change across all 62 is +37.3%, though five 2005-2013 sales at $78-$116 a square foot explain the building’s largest losses.

What is not known about Parc Lofts from the county record?

Year built, story count, architect and amenity details are not part of the Property Appraiser’s record, so none of those facts appear on this page. Only what the county record itself supports is published here.

Interested in selling at Parc Lofts?

Learn more about selling your condo at Parc Lofts with Josh Stein.

I'M READY