River Lofts Condo in Miami

River Lofts
Condos for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33128
Median sale $94K
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True comps, carrying-cost math, and listings before the portals.

Photo via MIAMI MLS

Built fromLive MIAMI MLS data9 years of closingsUpdated twice daily

Over the 12 months ending 2026-09-12, 6 recorded sales closed at a median of $93,500, $185 per square foot, a median 21 days on market, sellers accepting 81% of original asking (-22% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $1,640 ($930 with the full homestead exemption).

Live · River Lofts Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$94K
Median sold · 12 mo
down 22.1% vs the prior 12 months
-22.1%
1-yr price change
n = 6 and 7 sales in the two windows
$185/sf
Sold $/sqft · 12 mo
peak $344 in 2024
81.3%
Sale vs ask
Miami-Dade median: 94.0%
Tempo
21days
Median DOM · closed
21 days at the 2026 low
100%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
0 · 1
For sale · pending
live counts, refreshed twice daily
6
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 9 years of records
465sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

River Lofts Condo is trading at a median of $93,500, with price per square foot at $184.95 — the math implies a compact footprint, which is typical for a loft-style condo product. The 22.1% year-over-year pullback is the number that matters most right now: this is a market that has cooled meaningfully from where it was trading a year ago, and pricing should be built around current comps, not last year's closings.

A median 21 days on market says buyers who show up with financing in order and a realistic offer are moving quickly. With only six closings in the trailing window, this is a thin-data market — one or two unusual sales can swing the median, so both buyers and sellers need a comp-by-comp read rather than a headline number.

River Lofts Condo Housing Pulse · Momentum Research · as of September 12, 2026

River Lofts Condo right now

🔴 Off the recent peak. The trailing-12-month median ($94K) is down 22.1% from the prior 12 months ($120K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Medium (6 and 7 sales in the two windows).

What's unique here: the median sale price is about 83% below the typical Miami-Dade County sale ($94K vs $555K, trailing 12 months, MIAMI MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

River Lofts Condo market snapshot (as of September 12, 2026): the median sale price is about $94K ($185 per sq ft over the trailing 12 months of closed sales), and a median 21 days on market for closed sales. The trailing-12-month median is down 22% from the prior 12 months, computed from record-level MIAMI MLS closed sales (6 closings in the current window).

A small, low-volume condo market where price per square foot points to compact units and the recent year-over-year decline signals a real reset in pricing rather than routine seasonal noise.

Best for

  • A buyer targeting a lower entry price point who is comfortable with a compact, loft-style unit.
  • An investor or owner-occupant who evaluates each unit on its own condition and comps rather than assuming building-wide upside.
  • A buyer prepared to move decisively once a fairly priced unit appears, given the market's typical time on market.

Probably not for

  • A buyer who wants resort-style or extensive shared building amenities as part of the purchase.
  • Anyone expecting the prior year's pricing trend to hold — the recent year-over-year decline says otherwise.
  • A buyer uncomfortable pricing off a small, low-volume set of recent comparable sales.

Windows contain 0 to 7 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2017 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024620182020202220242026
0 to 7 a year; 6 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,172/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

9% of homes for sale in ZIP 33128 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).

RIVER LOFTS CONDO Market Scorecard

Thin data

RIVER LOFTS CONDO is currently a thin data market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/1/0
Active/Pend/Sold

Typical home value in the 33128 ZIP is $433,117, about 139.1% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in River Lofts Condo

Live MLS inventory for River Lofts Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending River Lofts Condo listings as of 2026-09-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2017 through 2026. Tap any home to ask about it.

If we were buying in River Lofts Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in River Lofts Condo.

Best Buy
A buyer who wants an entry-level condo purchase and is comfortable underwriting value unit by unit rather than leaning on building amenities.
Biggest Risk
The 22.1% year-over-year decline and thin closing volume mean pricing can move quickly and is hard to pin down from the median alone.
Sweet Spot
Units priced and marketed to reflect current comps rather than last year's numbers tend to move inside the 21-day median.
Avoid If
You are relying on shared building amenities as part of the value proposition — none are currently identified.

Reading a thin, repricing market

The current MLS snapshot lists no identified community amenities, which means value here is set almost entirely by the unit itself — condition, layout, and floor level — rather than by shared building features. That puts more weight on a careful unit-level walkthrough and less on marketing language about the building.

With just six closings feeding the trailing window, the median price and median price per square foot should be treated as directional, not precise. A 22.1% year-over-year decline in a low-volume market can reflect a genuine market shift, a change in the mix of what sold, or both — the only way to know which is to pull the specific comparable sales and look at them individually before setting or accepting a price.

The location and the amenities are priced into every listing in River Lofts Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market with this few closings, the median is easy to misread. We pull the actual comparable sales behind the number, price condition and unit specifics correctly, and negotiate from what has closed recently — not from a stale year-ago benchmark.

River Lofts Condo in 15 seconds.

Best forA buyer who wants an entry-level condo purchase and is comfortable underwriting value unit by unit rather than leaning on building amenities.
Biggest advantagePrice point remains accessible relative to much of the broader condo market.
Biggest riskThe 22.1% year-over-year decline and thin closing volume mean pricing can move quickly and is hard to pin down from the median alone.
Sweet spotUnits priced and marketed to reflect current comps rather than last year's numbers tend to move inside the 21-day median.
Avoid ifYou are relying on shared building amenities as part of the value proposition — none are currently identified.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed River Lofts Condo sales matched to your home.

What is your River Lofts Condo home worth?

Get a no-obligation home value based on real comparable sales in River Lofts Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in River Lofts Condo on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in River Lofts Condo?
The median sale price in River Lofts Condo was $94K over the 12 months ending September 12, 2026 (6 closed sales, MIAMI MLS).
How long do homes in River Lofts Condo take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 21 days on market (6 sales, MIAMI MLS).
Who is the best real estate agent for River Lofts Condo?
The best agent for River Lofts Condo is one who actively works Miami and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for River Lofts Condo.
How do I find a top Miami real estate agent who knows River Lofts Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows River Lofts Condo and the wider Miami area.
Can Momentum Realty connect me with an agent for River Lofts Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your River Lofts Condo purchase or sale - no call center and no pressure.
A buyer targeting a lower entry price point who is comfortable with a compact, loft-style unit.Excellent fit
An investor or owner-occupant who evaluates each unit on its own condition and comps rather than assuming building-wide upside.Excellent fit
A buyer prepared to move decisively once a fairly priced unit appears, given the market's typical time on market.Excellent fit
A buyer who wants resort-style or extensive shared building amenities as part of the purchase.Probably not
Anyone expecting the prior year's pricing trend to hold — the recent year-over-year decline says otherwise.Probably not
A buyer uncomfortable pricing off a small, low-volume set of recent comparable sales.Probably not

Nearby Communities

Explore more neighborhoods near River Lofts Condo with Momentum Realty’s local guides.

HMHavana Moon Condo0.1 mi awaySLSan Lorenzo Condo0.2 mi awayDTDiamond Tower Condo0.2 mi awayHRHato Rey Condo0.2 mi awayBRBrickell Riverview0.2 mi awaySMSunshine Miami Condo0.2 mi awayLELawrence Estate Land Cos0.2 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2017 (23 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in RIVER LOFTS CONDO? 6 recorded closings; median 21 days on market (window ending 2026-09-12). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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