, MIAMI, FL, 33138
Sold552 days on marketListed Jan 13, 2025Sold Mar 28, 2025MLS #A11723472
About this home
Unique opportunity to own Two-Story Loft in the very desirable "Bank Lofts Condo" - a Live/Work building perfect for residential use and/or professional office space, located right on Biscayne Blvd. This unit features soaring 15-foot floor-to-ceiling windows, open kitchen with large granite countertops, very spacious living area, and a full bathroom with Washer/Dryer. The lower level offers a private bedroom and extra room for an office or studio. The building is impeccably maintained with security cameras, key FOB entry, gated garage, exercise room, a rooftop deck with stunning city and bay views, and a jacuzzi. Two assigned parking spaces included. Located just 10 mins from the beach and the Design District, a short drive to Wynwood, Downtown, Brickell and easy access to I-95.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
1,423
Sqft
2
Garage
1968
Year built
$387
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami actives
$387 vs $491
Days on market
552 vs 26 typical
Where $387/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Miami
Get to know Miami. See the full Miami guide →
The numbers that matter
The Miami market
$495K → $560K
Miami median sold, yr/yr
98.2%
Sale-to-list ratio (12 mo)
44 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 10% above the Miami median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$655,000
8101 Biscayne Blvd # 306, Miami FL 33138 · same community
1 bd · 1 ba · 1,363 sqft · $481/sqft · 42 DOM
Sold · May ’26$580,000
8101 Biscayne Boulevard # 509, Miami FL 33138 · same community
0 bd · 1 ba · 1,128 sqft · $514/sqft · 50 DOM
Sold · Jul ’25$370,000
8101 Biscayne Blvd # 604, Miami FL 33138 · same community
0 bd · 1 ba · 713 sqft · $519/sqft · 112 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
Selling nearby?
What's your home worth today?
This sale is one data point — your home is another. Get a data-driven estimate built from real closed sales like this one, in about a minute.
The brief
Five things that matter here
01Positioned at the premium end
$550,000 runs 10% above the Miami median — but at 1,423 sqft it's also 22% larger than the typical Miami listing.
02Other View views
The other view view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $1,047/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
552 days on market against a Miami median of 26 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $575,000, now $550,000 — a $25K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Compass Florida, LLC · Anwar Sadeek. MLS #A11723472.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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