The Lofts at South Beach
1701 Sunset Harbour Drive, Miami Beach, FL 33139
South Beach
Folio 0232330700001
- Year built
- 2004
- Residences
- 22
- Building area
- 31,033 sq ft
- Median residence
- 1,323 sq ft
- FEMA flood zone
- Zone AE · BFE 8 ft
- Latest arms-length sale
- $899,000 · Sep 2023
- Median sale (10 yr)
- $850,000
- Recorded transfers
- 63
The Lofts at South Beach is a 22-residence condominium building at 1701 Sunset Harbour Drive, in South Beach, completed in 2004. It has a median residence of 1,323 square feet.
The recorded market runs to 45 arms-length sales since 2004, an annual turnover rate of 5 percent of the building over the past decade, and a median of $384 per square foot. Across 26 same-unit resales, 77 percent sold above their prior recorded price, with a median gain of 24 percent over a median hold of 4.3 years.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to May 2004. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Sep 2023 | L-508 | 1,527 sf | $899,000 | ✓ |
| Sep 2023 | L501 | 1,480 sf | $1,260,000 | ✓ |
| Apr 2023 | L506 | 1,421 sf | $1,271,200 | ✓ |
| Jan 2023 | L302 | 1,307 sf | $850,000 | ✓ |
| Jun 2022 | L505 | 1,305 sf | $800,000 | ✓ |
| Feb 2021 | L302 | 1,307 sf | $700,000 | ✓ |
| Jan 2021 | L708 | 1,018 sf | $640,000 | ✓ |
| Dec 2020 | L502 | 2,634 sf | $1,150,000 | ✓ |
| Mar 2018 | L-508 | 1,527 sf | $722,700 | ✓ |
| Dec 2017 | L702 | 2,613 sf | $1,675,000 | ✓ |
| Oct 2016 | L504 | 1,329 sf | $558,300 | ✓ |
| Aug 2015 | F405 | 1,583 sf | $1,000,000 | ✓ |
| Apr 2015 | L501 | 1,480 sf | $807,600 | ✓ |
| Nov 2014 | L505 | 1,305 sf | $510,000 | |
| Jan 2014 | L505 | 1,305 sf | $432,600 | |
| Nov 2013 | L702 | 2,613 sf | $1,650,000 | ✓ |
| Oct 2013 | L302 | 1,307 sf | $751,000 | ✓ |
| Sep 2013 | F405 | 1,583 sf | $880,000 | ✓ |
| May 2013 | L507 | 1,527 sf | $640,000 | ✓ |
| Jan 2013 | L301 | 1,480 sf | $562,500 | ✓ |
| Jan 2013 | F408 | 965 sf | $305,000 | ✓ |
| Dec 2012 | L-508 | 1,527 sf | $580,000 | ✓ |
| Jul 2012 | F407 | 965 sf | $270,000 | ✓ |
| Apr 2012 | F405 | 1,583 sf | $467,000 | ✓ |
| Feb 2012 | F407 | 965 sf | $175,100 | |
| Jun 2011 | F405 | 1,583 sf | $300,200 | |
| Oct 2009 | F408 | 965 sf | $275,000 | ✓ |
| Mar 2009 | L302 | 1,307 sf | $550,000 | ✓ |
| Nov 2008 | L501 | 1,480 sf | $325,000 | ✓ |
| Apr 2008 | L506 | 1,421 sf | $600,000 | ✓ |
| Jul 2006 | F307 | 1,044 sf | $445,000 | ✓ |
| May 2006 | F408 | 965 sf | $355,000 | ✓ |
| Dec 2005 | L502 | 2,634 sf | $900,000 | |
| Nov 2005 | L302 | 1,307 sf | $596,449 | ✓ |
| Oct 2005 | F307 | 1,044 sf | $368,000 | ✓ |
| Sep 2005 | F405 | 1,583 sf | $660,000 | ✓ |
| Aug 2005 | L306 | 1,421 sf | $538,000 | ✓ |
| Jul 2005 | L506 | 1,421 sf | $545,000 | ✓ |
| Jul 2005 | L505 | 1,305 sf | $495,000 | ✓ |
| Apr 2005 | L501 | 1,480 sf | $497,000 | ✓ |
| Nov 2004 | F407 | 965 sf | $310,000 | ✓ |
| Aug 2004 | F407 | 965 sf | $215,000 | ✓ |
| Jul 2004 | L502 | 2,634 sf | $659,800 | |
| Jul 2004 | L301 | 1,480 sf | $364,000 | ✓ |
| Jun 2004 | L707 | 1,018 sf | $389,900 | ✓ |
| Jun 2004 | L504 | 1,329 sf | $390,000 | ✓ |
| Jun 2004 | L501 | 1,480 sf | $384,000 | ✓ |
| May 2004 | L706 | 1,422 sf | $460,000 | ✓ |
| May 2004 | L303 | 1,317 sf | $405,000 | ✓ |
| May 2004 | L702 | 2,613 sf | $699,000 | ✓ |
| May 2004 | L302 | 1,307 sf | $339,000 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 12 nominal-consideration paper transfers omitted.
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Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer, solicitation, or valuation.