NOT LISTED FOR SALE

227 NE 2nd St Unit 2209 Miami, FL 33132

Downtown Miami Neighborhood

Estimated Value: $419,000 - $458,373

1 Bed
1 Bath
549 Sq Ft
$852/mo HOA Fee

Last Sold December 16, 2024

Last sale price $440,000 $801 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,915/month

214 Days on Market

Highlights

  • Doorman
  • 2-minute walk to College/Bayside
  • Clubhouse
  • Fitness Center
  • Bay View
  • Community Pool

About This Home

As of December 2024

A Luxury 1Bdr/ 1Bath residence in Newly built YOTELPad Miami in the heart of Downtown, one block from Bayfront Park and just across from the First Street Metromover station. AirBnB approved Building with optional Hotel Rental Program and great opportunity to use and rent when you're not using it. Amenities include: rooftop residence Lounge, Pool and poolside bar, gym by Homage Fitness, restaurant, Mazeh, jacuzzi, coffee bar, separate resident's lobby with 24/7 front desk staff, and valet parking. Included in HOA: Internet, water, waste management, internet, 1 TV box, building maintenance. Located Minutes from Miami International Airport, Brightline Station, Kaseya Center, your home is truly at the center of it all. Perfect for a family or investment property/Airbnb & priced to sell!

Last Listed By

Serge Walton

Vera Realty LLC License #3374206 Listed on: 04/01/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,085

Year Built

  • Built in 2022

HOA Fees

  • $852 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Metal Construction or Metal Frame

Interior Spaces

  • 549 Sq Ft Home
  • Built-In Features
  • Bar
  • Ceramic Tile Flooring
  • Bay Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-42-06-070-1580

Community Details

Overview

  • Association fees include maintenance structure, parking, pest control, pool(s), security, trash, water
  • Yotel Pad Miami Subdivision
  • 31-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Clubhouse
  • Elevator

Recreation

  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,085

Year Built

Built in 2022

Lot Details

0

HOA Fees

$852 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2022
  • Entry Level: 22
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: 4098

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, First Floor Entry, Main Level Primary, Elevator, Bar
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 549.0
  • Stories: 31

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors
  • View: Bay, Other, Water
  • Pool Features: Association
  • View: Yes
  • Waterfront: No
  • Construction Type: Block, Metal Frame, Other
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: One Space, Valet

Utilities

  • Security: Door Man, Elevator Secured, Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 852.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Fitness Center, Other, Playground, Pool, Spa/Hot Tub, Elevator(s)
  • Association #2 Fee: 852.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Maintenance Structure, Parking, Pest Control, Pool(s), Security, Trash, Water

Lot Info

  • Parcel #: 01-42-06-070-1580

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7085.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Dec 12, 2024
Sold by
Liang Liangchen
Bought by
Dreamheirs Llc
Seller's Agent
Serge Walton
Vera Realty LLC
Buyer's Agent
Evan Schechtman
Blackbook Properties
List Price
$490,000
Sold Price
$440,000
Premium/Discount to List
-$50,000
-10.2%
Total Days on Market
214
Views
41
Current Estimated Value
$443,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,093
Avg. Annual Appreciation
1.96%
Original Mortgage
$308,000
Outstanding Balance
$306,939
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$136,154

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dreamheirs Llc $440,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dreamheirs Llc $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $440,000 0.0% $801 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $440,000 -8.3% $801 / Sq Ft
05/17/2024 05/17/24 Price Changed $480,000 -2.0% $874 / Sq Ft
04/01/2024 04/01/24 For Sale $490,000 0.0% $893 / Sq Ft
09/17/2022 09/17/22 Rented $2,700 0.0% --
09/17/2022 09/17/22 Under Contract -- -- --
08/15/2022 08/15/22 Price Changed $2,700 -3.6% $5 / Sq Ft
08/01/2022 08/01/22 For Rent $2,800 0.0% --
07/18/2022 07/18/22 Under Contract -- -- --
06/27/2022 06/27/22 For Rent $2,800 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,085 $370,700 -- --
2023 $7,085 $337,000 $0 $0
2022 $783 $37,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10431897

BeachesMLS (Greater Fort Lauderdale)

APN: 01-4206-070-1580