Industry

Common name: Industry Lofts. The condominium is named Industry Condominium.

Building type: Loft condominium in a converted commercial building

Unit sizes: About 800 to just over 1,500 square feet, most one-bedroom, one-bath layouts

Design: Loft plans with large windows, high ceilings, exposed ducts and open layouts

Amenities: Pool, hot tub, on-site laundry.

Source: The Roebling Research Desk.

Industry is 17 units in a converted 1953 commercial building with loft-scale rooms.

Units run about 800 to 1,500 square feet with high ceilings and open plans, a short walk from Lincoln Road and the Flamingo Park area.

With 17 units, each owner carries a larger share of any roof, elevator or structural cost.

The block is in the Flamingo-Lummus area of South Beach, a mixed residential and commercial district near Lincoln Road. Lincoln Road itself, Española Way and the 17th Street cultural area are within a short walk, and the Atlantic beachfront is roughly a 10 to 15 minute walk east.

The location is inland, in the middle of South Beach's street grid rather than on the waterfront.

The building dates to 1953 and was converted to condominium lofts in 2006.

Unit mix. Most units are one-bedroom, one-bath. Larger units have additional room that can serve as a guest room or office. The largest plans run past 1,500 square feet.

Finishes. Exposed ducts and open ceilings are common to the building. Confirm interior renovation unit by unit.

The building has a pool, a hot tub and laundry on site. Ask about elevator service, parking, storage and staffing, and what the monthly assessment covers.

For any Florida condominium purchase, ask for the current budget and recent financial statements, the structural integrity reserve study (SIRS) and reserve funding, and the inspection report. Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask whether the building falls under the rules, and ask for the reserve study and any assessment history. The parcel is in FEMA flood zone AE, so ask for flood insurance quotes and the building's master policy terms before offering.

Policies, fees and applications, including pets, leasing, minimum lease terms, guest rules and any resale approval, are set by the association and should be confirmed at offer stage.

One recorded sale, April 2026, at $845,000. It is one sale, not a building price. Unit sizes run from about 800 to just over 1,500 square feet.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

Confirm what is original. Ask what was updated in the 2006 conversion and what has been replaced since, including the roof, windows, plumbing risers and electrical service.

Check the reserves. Read the reserve study and ask about recent and planned assessments.

Price by square foot, not by building. Sizes run nearly two to one. Use same-size comparable sales.

Sell the space. The ceiling height and open layout are the product. Photography and a floor plan should show them.

Have the documents ready. Budget, financials, SIRS and milestone status shorten diligence.

• Flamingo-Lummus loft conversions — other small converted buildings in the same area of South Beach.
• Lincoln Road area boutique condominiums — smaller condominium buildings within a few blocks.
• Mid-Beach and South of Fifth low-rise condominiums — older low-rise buildings that compete on size and price.