$420,000
SOLD MAR 14, 2025

227 NE 2nd St Unit 2502 Miami, FL 33132

Downtown Miami Neighborhood
1 Bed
1 Bath
599 Sq Ft
$770/mo HOA Fee

Recently Sold

$701 Per Sq Ft

10% Below List Price

153 Days on Market

Highlights

  • Doorman
  • 2-minute walk to College/Bayside
  • Skyline View
  • Bar or Lounge
  • Fitness Center
  • Furnished

About This Home

As of March 2025

Don't miss out on this fully furnished, spacious 1-bedroom, 1-bathroom unit with stunning views. Whether you're looking to live in, rent out annually, or capitalize on short-term rentals through platforms like Airbnb, VRBO, or Expedia, this property offers unparalleled flexibility with no rental restrictions.

Currently managed by YourHome Hospitality LLC, a top vacation rental management company, this unit generates strong income with minimal effort on your part. The unit is exactly as shown in the photos, ready for immediate use.

Enjoy an array of amenities, including an incredible gym, pool, bar, restaurants, 24/7 front desk service, and more. Perfect for both personal use and as a high-performing income property.

Last Agent to Sell the Property

riad fayad

Sigma Real Estate & Investment Brokerage Email: rfayad@riadfayad.com License #3269369

Last Buyer's Agent

riad fayad

Sigma Real Estate & Investment Brokerage Email: rfayad@riadfayad.com License #3269369

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,253

Year Built

  • Built in 2022

HOA Fees

  • $770 Monthly HOA Fees

Interior Spaces

  • 599 Sq Ft Home
  • Furnished
  • Ceramic Tile Flooring
  • Skyline Views
  • Video Cameras

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 01-42-06-070-0430

Community Details

Overview

  • High-Rise Condominium
  • Yotelpad Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • 31-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Billiard Room
  • Business Center
  • Bar or Lounge
  • Bike Room
  • Elevator

Recreation

  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,253

Year Built

Built in 2022

Lot Details

0

HOA Fees

$770 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 25
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Attribution Contact: rfayad@riadfayad.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 599
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 31
  • Bedroom Features: Other

Exterior Features

  • View: Skyline
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: YOTELPAD
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure, TV Camera

Condo/Co-op/Association

  • Association Fee: 770
  • Amenities: Bar, Bike Storage, Billiard Room, Business Center, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-42-06-070-0430
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7253

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $420,000 -9.7% $701 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
08/28/2024 08/28/24 For Sale $465,000 -- $776 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $7,253 $379,500 -- --
2023 $7,253 $345,000 $0 $0
2022 $854 $40,529 $0 $0
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $430,000 None Listed On Document
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11649286

MIAMI REALTORS® MLS

APN: 01-4206-070-0430

Florida Miami/Dade County Miami 33132 Downtown Miami

227 NE 2nd St Unit 2502, Miami, FL

Homes for Sale in Miami, FL

This home is located at 227 NE 2nd St Unit 2502, Miami, FL 33132 and is currently priced at $420,000, approximately $701 per square foot. This property was built in 2022. 227 NE 2nd St Unit 2502 is a home located in Miami-Dade County with nearby schools including Frederick R. Douglass Elementary, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.