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227 NE 2nd St #2906 photo 1227 NE 2nd St #2906 photo 2227 NE 2nd St #2906 photo 3227 NE 2nd St #2906 photo 4227 NE 2nd St #2906 photo 5

26 photos

227 NE 2nd St #2906

Miami, FL 33132

$615,000
2
1.5
647 sq ft
2022
Condominium
$1,064/mo
0
Active

Listing courtesy of Finanz Butik Realty (Alejandro Wiechers Fernandez). Contact: [email protected].

About this home

Turnkey investment in the heart of Downtown Miami. This furnished 2-bedroom, 1.5-bath residence at YOTELPAD offers 647 sqft of smart, flexible living in a building that allows short-term rentals, and the unit is currently in an Airbnb rental program. Floor-to-ceiling windows bring in natural light and open to a private balcony with sweeping skyline and partial bay views. The open living area features a SmartBed wall system that converts the space to sleep more guests, and the second bedroom includes a fold-down bed, built-in shelving and a desk. The European-style kitchen offers sleek flat-panel cabinetry, induction cooktop, built-in oven, under-cabinet lighting and a white subway tile backsplash. The bath features a rain shower, frosted glass panel and backlit mirror. Porcelain tile floors throughout. Building amenities include an outdoor pool and hot tub, skytop lounge with game area and chef's kitchen, fitness center, co-working spaces and meeting rooms, restaurant with outdoor dining, digital concierge, storage and bike storage. Steps from Metromover, Brightline, Bayfront Park, Kaseya Center, dining and the business district. A strong option for investors seeking a professionally designed unit in a high-demand travel and business area.

Virtual tour
What it costs to own
Estimated monthly payment
$5,441/mo
Principal and interest
$3,110
Property tax
$884
Homeowners insurance
$383
HOA
$1,064

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
$10,612/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.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$1,064/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

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.

Florida condo safety laws

This building was built in 2022, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2052. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

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 Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.