227 NE 2nd St 3106, Miami, FL 33132

Condominium · Active

$499,900

227 NE 2nd St 3106, Miami, FL 33132 — MLS photo

Miami Foreclosures

227 NE 2nd St 3106, Miami, FL 33132

Bedrooms
2
Bathrooms
2
Interior
647 sq ft
Price / sq ft
$773/sq ft
Built
2022
Lot
—

The residence

Exceptional opportunity at YOTELPAD Miami, a modern Downtown Miami residence offering the flexibility of short-term rentals and hotel-style living. This high-floor 2-bedroom, 2-bath unit features a bright, contemporary layout with expansive city views and an ideal setup for a primary residence, second home, or income-producing property. YOTELPAD offers resort-style amenities including a pool, fitness center, dining and entertainment options, all in the heart of Downtown Miami. Conveniently located near Bayfront Park, Bayside Marketplace, Kaseya Center, Brickell, the Port of Miami, Miami Beach and the Metromover. Enjoy the ability to take advantage of Miami’s strong short-term and seasonal rental market while owning in one of Downtown’s most distinctive hospitality-driven residential buildings.

Property location

Get Directions

227 NE 2nd St 3106, Miami, FL 33132

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
647 sq ft
Flooring
Other, Tile
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Elevator, Bar

Exterior & Structure

Property type
Condominium
Year built
2022
Stories
31
Architectural style
High Rise, Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Security High Impact Doors
Pool
Association
View
Skyline

Parking

Garage spaces
0
Covered spaces
0
Parking features
Other, Valet

HOA, Community & Financials

Association fee
$1,004 Monthly
Fee inclusions
Cable Tv, Internet, Water
Amenities
Business Center, Elevators, Fitness Center, Other, Pool, Storage
Security
Elevator Secured, Intercom, Key Card Entry, Lobby Secured
Pets allowed
Conditional, Yes
Annual tax
$8,835
Subdivision
MAP OF MIAMI DADE CO. FL.
County
Miami-Dade
Days on market
41
MLS listing ID
A12098648
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,117

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.1%
Gross yield
6.1%
Mortgage payment
$2,370/mo
Down payment
$124,975
Loan amount
$374,925
Annual NOI
$3,039

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

227 NE 2nd St 3106, Miami, FL 33132