Atlantic Luxury Advisors
227 2nd St #2206 photo 1227 2nd St #2206 photo 2227 2nd St #2206 photo 3227 2nd St #2206 photo 4227 2nd St #2206 photo 5

38 photos

227 2nd St #2206

Miami, FL 33132

$565,000
2
1.5
647 sq ft
2022
Condominium
$1,022/mo
118
Active

Listing courtesy of Sigma Real Estate & Investment (Riad Fayad). Contact: [email protected].

About this home

Fully furnished 2-bedroom, 1.5-bath residence offering stunning views and exceptional flexibility for personal use or investment. This move-in ready unit allows short-term rentals (Airbnb, VRBO, Expedia) as well as long-term leasing, with no rental restrictions. Currently a matured Airbnb with consistent back-to-back bookings, providing strong passive income potential. Residents enjoy premium amenities including a fitness center, resort-style pool, on-site dining, and 24/7 front desk service. Located in a highly walkable area with restaurants, shopping, entertainment, and daily conveniences just steps away. High income property with excellent returns. Ideal for investors seeking income and appreciation, or buyers looking for a versatile second home in a high-demand location.

What it costs to own
Estimated monthly payment
$5,036/mo
Principal and interest
$2,857
Property tax
$807
Homeowners insurance
$350
HOA
$1,022

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$9,688/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$1,022/mo (from the listing)
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.